Online Access Free C_S4FCC_2021 Practice Test

Company A purchased 80% of Company B for 80 million in December of 2022. Company B's equity is 50 million. What accounting entries should be generated when consolidation is run for December of 2022?
Note: There are 2 correct answers to this question.

• A.Credit investment 64 million
• B.Credit investment 80 million
• C.Debit goodwill 40 million
• D.Debit goodwill 50 million

What posting level is used when you import group shares?

• A.30
• B.20
• C.10
• D.0

In order to use a new validation method, what task IDs are used when assigning the methods to consolidation units? Note: There are 2 correct answers to this question.

• A.Released data
• B.Reported data
• C.Translated data
• D.Standardized data

What is the source when viewing group reporting data in SAP Analysis for Office?

• A.A core data services view (CDS view)
• B.A contribution view
• C.A consolidation view
• D.A calculation view

In your rule-based consolidation of investments method, you need to book an amount that is calculated by multiplying by1 minus the ownership percentage. What field would you use?

• A.Percentage rate
• B.Selection for percentage
• C.Percentage complementary
• D.Sign triggered reclassification