Free SAP C_S4FCC_2021 Exam Actual Questions

The questions for C_S4FCC_2021 were last updated On Apr 24, 2025

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Question No. 2

What dimensions can be used in an intercompany report to provide a consolidation view?

Note: There are 2 correct answers to this question.

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Correct Answer: A, C

In an intercompany report, the dimensions 'Consolidation unit eliminated' and 'Consolidation unit' can be used to provide a consolidation view. The 'Consolidation unit eliminated' dimension shows the elimination entries, while the 'Consolidation unit' dimension displays the data for each consolidation unit involved in the intercompany transactions.


Question No. 3

What can happen in SAP S/4HANA Finance for group reporting when you release data?

Note: There are 2 correct answers to this question.

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Correct Answer: A, C

When you release data in SAP S/4HANA Finance for group reporting, ACDOCC (Consolidation) records and ACDOCA (Universal Journal) records are copied into group reporting. ACDOCP (Planning) and BSEG (Accounting Document Segment) records are not copied into group reporting.


Question No. 4

What field is part of a consolidation group master data record?

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Correct Answer: D

The consolidation method field is part of a consolidation group master data record. This field is used to define the method by which the financial data of the consolidation unit will be combined with the financial data of the consolidation group. The consolidation method is essential for accurate group reporting in SAP S/4HANA Finance.


Question No. 5

When there is a balance sheet and income statement posting in a group journal entry, what creates the offsetting entries?

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Correct Answer: B

When there is a balance sheet and income statement posting in a group journal entry, the offsetting entries are created by the selected Financial Statement (FS) items for automatic posting. This feature ensures that the balance sheet and income statement are always in balance (SAP Help Portal: Group Journal Entries).