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C_S4FCC_2021 Reliable Exam Price & Valid C_S4FCC_2021 Vce

  • Posted by xyk pop April 7, 2023 Filed in Technology #C_S4FCC_2021 Reliable Exam Price  #Valid C_S4FCC_2021 Vce  #Reliable C_S4FCC_2021 Exam Guide  #C_S4FCC_2021 Formal Test  #C_S4FCC_2021 Reliable Test Bootcamp  16 views
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    SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Sample Questions (Q47-Q52):

    NEW QUESTION # 47
    What do item groups identify in SAP Intercompany Matching and Reconciliation posting rules?
    Note: There are 3 correct answers to this question.

    • A. Price differences
    • B. Timing variances
    • C. Translation variances
    • D. True variances
    • E. Quantity variances

    Answer: A,B,C


    NEW QUESTION # 48
    Your currency translation is not translating opening balances.What setting must be changed?

    • A. Translation key
    • B. Selection
    • C. Exchange rate indicator
    • D. Reference rate

    Answer: D

    Explanation:
    According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the translation setting in the sequence that would allow you to preserve an existing group currency amount is reference rate. Reference rate is a field that defines the exchange rate that is used to translate local currency amounts into group currency amounts. If you want to preserve an existing group currency amount, you can set the reference rate to 1, which means no translation will take place.


    NEW QUESTION # 49
    What happens when a workflow request in SAP Intercompany Matching and Reconciliation is approved?

    • A. The elimination status is set to closed
    • B. Elimination entries are posted
    • C. The reconciliation status is set to closed
    • D. Variance entries are posted

    Answer: A


    NEW QUESTION # 50
    What happens when a workflow request in SAP Intercompany Matching and Reconciliation is approved?

    • A. Variance entries are posted.
    • B. Elimination entries are posted.
    • C. The reconciliation status is set to closed.
    • D. The elimination status is set to closed.

    Answer: A,D


    NEW QUESTION # 51
    What master data objects can be used in global accounting hierarchies?Note: There are 3 correct answers to this question.

    • A. Consolidation group
    • B. Breakdown category
    • C. Profit center
    • D. Consolidation unit
    • E. Reporting item

    Answer: A,C,D

    Explanation:
    In SAP S/4HANA Finance for Group Reporting, global accounting hierarchies can use the following master data objects: Consolidation group, Profit center, and Consolidation unit. Consolidation groups are used to define the structure of a group and its subsidiaries. Profit centers help track profit and loss for different business segments. Consolidation units represent legal entities and are assigned to consolidation groups (SAP Help Portal: Group Reporting Master Data).


    NEW QUESTION # 52
    ......

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