nerdexam
SAP

C_S4FCC_2021 · Question #54

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

The correct answer is A. Consolidation group B. Profit center D. Consolidation unit. 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…

Master Data and Configuration

Question

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

Options

  • AConsolidation group
  • BProfit center
  • CReporting item
  • DConsolidation unit
  • EBreakdown category

How the community answered

(28 responses)
  • A
    89% (25)
  • C
    7% (2)
  • E
    4% (1)

Explanation

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

Topics

#global accounting hierarchies#master data objects#consolidation group#profit center

Community Discussion

No community discussion yet for this question.

Full C_S4FCC_2021 Practice