Free SAP C_S4FCC_2021 Exam Actual Questions

The questions for C_S4FCC_2021 were last updated On Dec 17, 2025

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Question No. 1

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

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Correct Answer: D

When running intercompany reports from a legal perspective, the 'Company code' dimensional hierarchy should be selected. This is because company codes represent the legal entities within the organization and are the basis for external financial reporting.


Question No. 2

What could be the problem if you cannot release data?

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Correct Answer: A, D

You cannot release data if company codes are not mapped to consolidation units or if the period is closed in group reporting. Both of these conditions prevent the release of data for consolidation.


Question No. 3

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

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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. 4

What dimensions can be used in a hierarchical elimination?

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Question No. 5

What does balance carry forward do?

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Correct Answer: B

Balance carry forward in group reporting carries forward reporting FS (Financial Statement) items to the same FS item as in the previous year by default unless otherwise specified. This ensures that the opening balances for the new fiscal year are correctly set based on the closing balances of the previous fiscal year.