Maintaining Master Data

1.

You are working on your consolidation units and you are interested in how group reporting handles changes and how many characteris you can use. What is required when creating consolidation units?

There are three correct answers.

Consolidation version.

Extension version.

Fiscal year and period.

An id up to six characters.

2.

You are creating selection objects so they can be used in your methods. Selection objects help to decouple master data from configuration objects.

Choose the correct answer.

True

False

3.

You need to derive consolidation units based on company code and profit center. In order to derive consolidation units, the preparation ledger must be active.

Choose the correct answer.

True

False

4.

Your consolidation unit hierarchies are useful in reporting. Consolidation unit hierarchies are also used to determine elimination entities based on the first-common-parent rule.

Choose the correct answer.

True

False

5.

You are designing your group reporting investment structure. A consolidation group can be a parent of another consolidation group.

Choose the correct answer.

True

False

6.

You are creating your investment structure in group reporting in preparation for your go-live. Consolidation units are assigned to consolidation groups with a valid from and valid to date.

Choose the correct answer.

True

False

7.

You are creating reporting rules for your advanced reports. Which of the following describes reporting rules?

There are three correct answers.

FS Items are grouped into statistical FS Items.

Reporting rules are required to use hierarchies.

SAP S/4HANA Finance for group reporting uses report rules for cash flow and statement of comprehensive income.

Report rules are version dependent.

8.

When you set up a document type to be used for AP AR eliminations, you want the entries to be reversed. Entries in the closing periods 12 through 16, are reversed into period 001 of the subsequent year when posted.

Choose the correct answer.

True

False

9.

You are using custom fields on your project to support reporting requirements. Custom fields can be added to the ACDOCA and ACDOCU tables at the same time.

Choose the correct answer.

True

False

10.

You are evaluating if you need to create breakdown categories and subitems for your implementation. Which of the following describes breakdown categories and subitems?

There are three correct answers.

Breakdown categories (BDC) are used to control subitem and other subassignments for transactional data.

Profit center is a type of subitem.

A functional area is a type of subitem.

Transaction type is a type of subitem.

Knowledge quiz

You are working on your consolidation units and you are interested in how group reporting handles changes and how many characteris you can use. What is required when creating consolidation units?

You are creating selection objects so they can be used in your methods. Selection objects help to decouple master data from configuration objects.

You need to derive consolidation units based on company code and profit center. In order to derive consolidation units, the preparation ledger must be active.

Your consolidation unit hierarchies are useful in reporting. Consolidation unit hierarchies are also used to determine elimination entities based on the first-common-parent rule.

You are designing your group reporting investment structure. A consolidation group can be a parent of another consolidation group.

You are creating your investment structure in group reporting in preparation for your go-live. Consolidation units are assigned to consolidation groups with a valid from and valid to date.

You are creating reporting rules for your advanced reports. Which of the following describes reporting rules?

When you set up a document type to be used for AP AR eliminations, you want the entries to be reversed. Entries in the closing periods 12 through 16, are reversed into period 001 of the subsequent year when posted.

You are using custom fields on your project to support reporting requirements. Custom fields can be added to the ACDOCA and ACDOCU tables at the same time.

You are evaluating if you need to create breakdown categories and subitems for your implementation. Which of the following describes breakdown categories and subitems?