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  4. FAQ - SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates

FAQ - SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates

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    FAQ - SAP S/4HANA Finance for Group Reporting Associates
    Disclaimer: This blog is independently written and is not affiliated with, endorsed by, or sponsored by SAP SE. All trademarks, exam codes, and product names mentioned are the property of their respective owners. No real exam questions or SAP-proprietary content is used in this article. Only SAP's publicly available information is collected to guide the exam takers accurately.

    Here we are listing all SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Frequently Asked Questions. These are mostly asked when appearing for SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Exam. Once you go through it, this will help you to better prepare for exam.

    What are the total questions for the C_S4FCC_2021 exam?

    80 questions

    What is the cost of C_S4FCC_2021 exam or SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) certification fees?

    200 USD if you purchase CER001 (1 attempt) and 500 USD if you purchase CER006 (6 attempts).

    What is the passing percentage for SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) exam?

    63 percentage

    What is the duration of exam C_S4FCC_2021?

    180 mins

    What are the topics covered in exam C_S4FCC_2021?

    - Structures Master data, (> 12%) => Structures Master data - Data acquisition incl. GRDC, (> 12%) => Data acquisition including Group Reporting Data Collection - Journals Reclassification, (> 12%) => Journals Reclassification - Data validation Currency Translation, (> 12%) => Data validation Currency Translation - ICMR Eliminations, (> 12%) => Intercompany Matching and Reconciliation Eliminations - BCF, Reporting Planning, (> 12%) => Balance Carry Forward, Reporting Planning - Consolidation of Investments, (> 12%) => Consolidation of Investments

    What books/courses needs to be read for exam C_S4FCC_2021?

    1. SAP Learning hub S4F93 - SAP Group Reporting Data Collection pdf
    2. SAP Learning hub S4F94 - Overview SAP S/4HANA Finance for group reporting pdf
    3. SAP Learning hub S4F95 - Implementing SAP S/4HANA Finance for group reporting pdf
    4. SAP Learning hub S4F96 - Consolidation of Investments with SAP S/4HANA Finance for Group Reporting pdf

    Where to get Study Material and books for C_S4FCC_2021?

    You can check here the learning journey provided by SAP here SAP Certification Hub.

    In how many languages C_S4FCC_2021 exam available?

    German, English

    What is the level of SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) exam?

    Associate

    What is the process to register C_S4FCC_2021 exam?

    SAP certification entrollment steps

    • Go to training.sap.com and register with your E-Mail id.
    • Confirm your email address and finish the registration.
    • If you are planning to take only this exam, then you need to buy for Single attempt subscription which is CER001. CER001 giver 12 months period in which you can schedule the C_S4FCC_2021 exam.
    • Search for product CER001 on SAP website and add it to cart and do the checkout.
    • If you are planning to do multiple SAP certifications, then you should consider buying CER006 product. CER006 also gives 12 months period in which you can schedule maximum 6 exams.
    • Once you have purchased either CER001 or CER006, you will get access to SAP certification hub.
    • Click on your profile icon and select "Access purchased Subscriptions":
    • Go to SAP certification hub. click on "Exam Dashboard". Next, click on "Schedule an exam" and you are good to go.
    • Successful completion will make you receive an SAP Certification digital badge for your accomplishment.

    How is the exam conducted?

    SAP C_S4FCC_2021 Certification exam is remotely proctored via a webcam on your PC or laptop, and you can schedule your exam 24/7 via Certification Hub.

    Do I need to go someplace to take the C_S4FCC_2021 exam?

    No, exams are available online 24/7 and each exam is proctored remotely. You can take exams anywhere in the world as long as you have an Internet connection and a laptop or desktop computer with a webcam.

    Do I need to be alone to take exam?

    Yes, phone should also be switched off. Your exam supervisor or examiner will ask you to rotate your webcam around the room prior to beginning your SAP Certification exam. Please ensure the area contains only permitted items approved by your exam supervisor. Whiteboards and bulletin boards must be cleared, erased, or covered, unless they are facing away from you. All cell phones, tablets, and other communication or recording devices must be removed from the computer area.

    Can I take SAP C_S4FCC_2021 Certification exam on a tablet computer?

    No, tablets are not supported.

    What do I receive after successful completion of exam?

    Successful examinees receive an SAP Certification digital badge for their accomplishment.

    What is the benefit of taking the exam?

    • Gain a highly recognized accreditation of excellence.
    • Differentiate yourself in the labour market.
    • Validate your skills to execute with confidence.
    • Possibility to attain higher wages and billable rates with a highly valued credential.

    Can I retake for SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) exam, if fail?

    You can attempt C_S4FCC_2021 exam 2 more times. If in worst case, you still could not clear the exam after 2 times, then you will have to wait for next version of exam to arrive.

    What topics are covered in Book S4F94 (Overview SAP S/4HANA Finance for Group Reporting)?

    • Describing Business Consolidation
    • Using the solution for month-end closing tasks
    • Managing master data
    • Data release from central journal
    • Data collection & validation
    • Currency translation
    • Intercompany matching & reconciliation
    • Intercompany and profit on inventory eliminations
    • Matrix consolidation
    • Consolidation of investments and equity pick up
    • Planning and SAP Analytics Cloud integration
    • Reporting & balance carry forward

    What topics are covered in Book S4F95 (Implementing SAP S/4HANA Finance for Group Reporting)?

    • Business Consolidation with SAP for group reporting overview
      • Describing Business Consolidation with SAP S/4HANA Finance for group reporting
      • Running consolidation tasks
    • Master Data and Structures
      • Describing the structures and architecture
      • Managing time & version dependent master data
      • Managing COAs, versions, subitems, and custom fields
      • Modeling hierarchies, aggregation and additional master data
    • Data preparation
      • Collecting data
      • Balance carryforward
      • Configuring data validation
      • Describing document types, posting levels, and selected items
      • Booking journal entries and using substitution & validation
      • Reclassifying data
      • Translating single and multiple group currencies
    • Consolidation and Eliminations
      • Using Intercompany Reconciliation, matching and integrated eliminations
      • Implementing matrix and profit on inventory eliminations
      • Explaining consolidation of investments and equity pick up
    • Reporting, Planning and Balance Carryforward
      • Build and use report rules for cash flow and comprehensive income reports
      • Use report logic for matrix reporting
      • Run group reporting tasks on planning data and discuss SAP Analytics Cloud integration
      • Execute balance carryforward and report on the results

    What topics are covered in Book S4F96 (Consolidation of Investments with SAP S/4HANA Finance for group reporting)?

    • Activity Based Approach:
      • Initial Consolidation
      • Subsequent Consolidation
      • Step Acquisition
      • Change in Capital
      • Change in Share
      • Partial and Total Transfers
      • Partial Divestiture
      • Total Divestiture
      • Horizontal and Vertical Merger
    • Rule Based Approach:
      • Initial Consolidation
      • Subsequent Consolidation
      • Change in Share
      • Change in Capital
      • Total Divestiture

     

    Tags:

    C_S4FCC_2021 FAQ | C_S4FCC_2021 detail | C_S4FCC_2021 study material

    The Exam Questions Team

    About The Author

    The Exam Questions Team comprises certified consultants and industry experts dedicated to providing accurate, up-to-date exam preparation resources. With years of experience in various technologies, our goal is to empower professionals to achieve their certification goals through high-quality study materials and practical insights.

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