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SAP C_S4FCC_2021 Exam (page: 3)
SAP Certified Application Associate - S/4HANA Finance for Group Reporting Associates ( S/4HANA 2021)
Updated on: 12-Feb-2026

Viewing Page 3 of 17
C_S4FCC_2021 PDF 80 Questions

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?

  1. Percentage complementary
  2. Sign triggered reclassification
  3. Selection for percentage
  4. Percentage rate

Answer(s): A

Explanation:

The field "Percentage complementary" is used to calculate the amount by multiplying by 1 minus the ownership percentage in the rule-based consolidation of investments method.



When running reports, what symbol is used to select a blank hierarchy?

  1. #
  2. @
  3. *
  4. $

Answer(s): A

Explanation:

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the symbol that is used to select a blank hierarchy is #. A blank hierarchy is a hierarchy that does not have any nodes or levels. A blank hierarchy can be used to select all the values of a dimension without any filtering or grouping.



What must you do in order to release data from a prior period?

  1. Run balance carry forward
  2. Run the Copy Transaction Data app
  3. Change your global parameters
  4. Release data with an offset of -1

Answer(s): C

Explanation:

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, in order to release data from a prior period, you must change your global parameters. Global parameters are parameters that define the scope and settings of your consolidation scenario, such as fiscal year variant, consolidation ledger, consolidation group, etc. You can change your global parameters by using the Change Global Parameters app. You can change the period parameter to select the prior period that you want to release data from.



What is the best way to run a YTD report?

  1. Configure group reporting to store YTD data
  2. Use the period mode selection in the report
  3. Calculate YTD data in a custom analytical query
  4. Use the YTD measure in the report

Answer(s): D

Explanation:

the best way to run a YTD report is to use the YTD measure in the report. YTD stands for year-to-date and refers to the cumulative amount of data from the beginning of the fiscal year to the current period. The YTD measure is a predefined measure that calculates the YTD amount for each FS item based on their role attribute and period mode.



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

  1. A contribution view
  2. A calculation view
  3. A consolidation view
  4. A core data services view (CDS view)

Answer(s): B

Explanation:

The source when viewing group reporting data in SAP Analysis for Office is a calculation view.



Viewing Page 3 of 17



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