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SAP C-S4FCC-2021 certification exam is a comprehensive certification program designed for professionals who work with SAP S/4HANA Finance for Group Reporting. C-S4FCC-2021 exam aims to test the candidate's knowledge and skills in financial consolidation, intercompany reconciliation, data collection, and reporting. SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) certification is ideal for individuals who want to enhance their skills and knowledge in the field and validate their expertise in SAP S/4HANA Finance for Group Reporting.

SAP C-S4FCC-2021 certification exam is an associate-level certification, which means it is suitable for individuals who have some experience in the field of SAP S/4HANA Finance for Group Reporting. SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) certification is ideal for consultants, financial analysts, and other professionals who work with SAP S/4HANA Finance for Group Reporting and want to enhance their skills and knowledge in the field.

The C-S4FCC-2021 exam is intended for those who want to validate their knowledge of SAP S/4HANA. C-S4FCC-2021 exam measures the candidate's competency in various areas, from configuring and reporting financial transactions to setting up group reporting management. SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) certification also covers complex SAP S/4HANA functionalities, compliance requirements, and best practices for group reporting.

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SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Sample Questions (Q25-Q30):

NEW QUESTION # 25
What do group journal validation and substitution have in common? Note: There are 2 correct answers to this question.

A. Control levelsB. Filtering logicC. Table lookupsD. Preconditions

Answer: B,D

Explanation:
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, group journal validation and substitution have the following things in common:
Preconditions: Conditions that define when a validation or substitution rule is executed. Preconditions can be based on different dimensions or attributes of the data, such as company code, account type, etc.
Filtering logic: Logic that defines how data is filtered and selected for validation or substitution purposes. Filtering logic can be based on different operators or expressions, such as equal to, greater than, contains, etc.

NEW QUESTION # 26
You have 2 records in acdoca with cost center A and 2 records with cost center B.
All 4 records are for the same legal entity:

Cost center is set to aggregate in SAP S/4HANA Finance for group reporting.
What happens to the cost center field in group reporting when the data is released?

A. 2 records for cost center A are posted and 2 records for cost center B are posted.B. 1 record with a blank cost center is posted.C. 1 record for cost center A is posted and 1 record for cost center B is posted.D. 4 records with a blank cost center are posted.

Answer: B

Explanation:
Since cost center is set to aggregate in SAP S/4HANA Finance for group reporting, the system will aggregate the data based on the cost center field. In this case, the data for cost center A and cost center B will be aggregated, and a single record with a blank cost center will be posted in group reporting.

NEW QUESTION # 27
What must be configured in order to release plan data into SAP S/4HANA Finance for group reporting?

A. A source versionB. A source categoryC. A consolidation ledgerD. A consolidation cycle

Answer: C

Explanation:
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, a consolidation ledger must be configured in order to release plan data into SAP S/4HANA Finance for group reporting. A consolidation ledger is a data container that stores the plan data for a specific consolidation scenario and fiscal year variant. A consolidation ledger can have multiple versions to store different versions of plan data.

NEW QUESTION # 28
Which version stores only delta amounts?

A. Standard versionB. Extension versionC. Planning versionD. Group currency extension version

Answer: C

Explanation:
https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4ebf1502064b406c964b0911adfb3f01/c27c73226dac4e07ac8aa59a45f92fd8.html

NEW QUESTION # 29
What are the prerequisites for a horizontal merger?
Note: There are 2 correct answers to this question.

A. Both consolidation units have the same investors.B. Both consolidation units have the different investors.C. Both consolidation units belong to the same consolidation group.D. Both consolidation units belong to different consolidation groups.

Answer: C,D

NEW QUESTION # 30
......

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