Free SAP C_S4FCC_2021 Exam Actual Questions

The questions for C_S4FCC_2021 were last updated On Apr 3, 2025

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Question No. 1

What is a prerequisite when planning on group reporting data in an SAP Analytics Cloud story?

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Correct Answer: D

A live connection is a prerequisite when planning on group reporting data in an SAP Analytics Cloud story because it allows real-time access to data without the need for data replication. This provides users with up-to-date information for their analytics and reporting needs. (Reference: https://help.sap.com/viewer/00f68c2e08b941f0818e6fd3a6fdceed/latest/en-US/6f3b4c5f6f9c4f3d9b393a7f5d5f5e5d.html)


Question No. 2

What can you do when using the import group journal entries template?

Note: There are 3 correct answers to this question.

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Correct Answer: A, C, E

When using the import group journal entries template, you can override substitution rules by inputting values directly in the Excel file, adapt the template to include your own custom fields, and upload multiple journal entries using a single Excel file. Reference: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/1909.002/en-US/5a5d5e7b1c5b4f3d8f5e4d7f60e9e4a3.html


Question No. 3

What can be assigned to a report item in a reporting rule?

Note: There are 2 correct answers to this question.

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Correct Answer: A, D

In a reporting rule, a report item can be assigned to subitems and FS (Financial Statement) items. Subitems are used to provide more detailed information or breakdowns of the FS items, while FS items represent the main line items in the financial statements.


Question No. 4

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

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Correct Answer: A, B, D

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).


Question No. 5

What happens when you set the communication status to "Done" in SAP Intercompany Matching and

Reconciliation?

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Correct Answer: B

when you set the communication status to ''Done'' in SAP Intercompany Matching and Reconciliation, overdue alarms are cleared1.

When you set the communication status to 'Done' in SAP Intercompany Matching and Reconciliation, overdue alarms are cleared. This indicates that the communication process for the intercompany matching and reconciliation has been completed. (Reference: https://help.sap.com/viewer/0fa84c9d9c634132a6c3d6f3508c54a3/1809.002/en-US/0b3dbd7c0e264b62a7e2d2a1e7d31fbc.html)