Online Access Free C-S4FCC-2021 Practice Test

What does balance carry forward do?

• A.It carries forward statistical FS items to the same subitem as in the previous year by default.
• B.It carries forward equity values to the same FS item as in the previous year by default unless otherwise specified.
• C.It carries forward asset values to the same subitem as in the previous year by default.
• D.It carries forward reporting FS items to the same FS item as in the previous year by default unless otherwise specified.

What fields are included in a consolidation unit master record?
Note: There are 2 correct answers to this question.

• A.Source for local currency key figure
• B.Source for document currency key figure
• C.Currency translation method
• D.Validation method

What does the report logic in SAP S/4HANA group reporting do?

• A.It reverses the sign based on the FS item type.
• B.It determines the first common parent based on segment hierarchies.
• C.It prevents aggregation based on the FS item type.
• D.It determines the first common parent based on consolidation group hierarchies.

Where can fiscal year variants be assigned?
Note: There are 2 correct answers to this question.

• A.To consolidation groups
• B.To consolidation units
• C.To versions
• D.To consolidation ledgers

What selection is a required global parameter?

• A.Consolidation unit
• B.Fiscal year variant
• C.Consolidation chart of accounts
• D.Consolidation group