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SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Question and Answers

SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021)

Last Update May 3, 2024
Total Questions : 80

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Questions 1

What posting level is used when you import group shares?

Options:

A.  

20

B.  

0

C.  

10

D.  

30

Discussion 0
Questions 2

What happens when a workflow request in SAP Intercompany Matching and Reconciliation is approved?

Options:

A.  

The reconciliation status is set to closed.

B.  

Variance entries are posted.

C.  

Elimination entries are posted.

D.  

The elimination status is set to closed.

Discussion 0
Questions 3

You have the following hierarchy and intercompany transactions:

How many elimination entities are generated?

Options:

A.  

5

B.  

6

C.  

3

D.  

4

Discussion 0
Questions 4

What makes up data slices in SAP Intercompany Matching and Reconciliation matching rules?

Note: There are 2 correct answers to this question.

Options:

A.  

Company code

B.  

Company

C.  

Leading unit

D.  

Partner unit

Discussion 0
Questions 5

Which period mode is possible in SAP Group Reporting Data Collection forms?

Options:

A.  

Weekly

B.  

Daily

C.  

Annual

D.  

Periodic

Discussion 0
Questions 6

What can be left blank in a group journal entry substitution rule?

Options:

A.  

Precondition

B.  

Substitution

C.  

Rule Name

D.  

Description

Discussion 0
Questions 7

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

Options:

A.  

Run balance carry forward

B.  

Run the Copy Transaction Data app

C.  

Change your global parameters

D.  

Release data with an offset of -1

Discussion 0
Questions 8

What special version do you need to use in order to share ownership relationships?

Options:

A.  

Structure

B.  

Consolidation unit attribute

C.  

Extension

D.  

Consolidation group attribute

Discussion 0
Questions 9

What update modes are possible when performing a flexible upload into SAP S/4HANA Finance for group reporting? Note: There are 2 correct answers to this question.

Options:

A.  

Delete

B.  

Overwrite

C.  

Append

D.  

Merge

Discussion 0
Questions 10

What validation tasks should be run after running a reclassification with posting level 10?

Note: There are 2 correct answers to this question.

Options:

A.  

Validate consolidated data

B.  

Validate universal journal

C.  

Validate standardized data

D.  

Validate reported data

Discussion 0
Questions 11

What dimensional hierarchy should be selected when running intercompany reports from a legal perspective?

Options:

A.  

Consolidation unit

B.  

Consolidation group

C.  

Company

D.  

Company code

Discussion 0
Questions 12

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.

Options:

A.  

Debit goodwill 50 million

B.  

Credit investment 64 million

C.  

Debit goodwill 40 million

D.  

Credit investment 80 million

Discussion 0