Maintaining Master Data

1.

At ABC Corporation, you need to add custom fields to your consolidation units for one of the validation rules. Consolidation unit custom attributes can be time and version-independent or time and version-dependent.

Choose the correct answer.

True

False

2.

Additional master data settings are used to control granularity, matrix eliminations, and usability of many group reporting fields. Which of the following describes additional master data?

There are three correct answers.

Additional master data deals with field settings other than consolidation groups, consolidation units, and FS items for example.

You can enable dimensions for use in accounting.

You can change settings to meet your business requirements for group journal fields and hierarchies.

SAP S/4HANA Finance for group reporting can use SAP S/4HANA and non-SAP S/4HANA master data very easily.

3.

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

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 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.

6.

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

7.

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

8.

G/L accounts must be mapped to FS items so that data can be released from accounting into group reporting. Which of the following describes FS Items and GL Account Mapping?

There are three correct answers.

It's time and version dependent.

The G/L accounts represent group accounts.

One or more G/L accounts are mapped to each FS Item.

FS Item mappings to G/L accounts are updated via file upload.

9.

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

10.

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.

Knowledge quiz

At ABC Corporation, you need to add custom fields to your consolidation units for one of the validation rules. Consolidation unit custom attributes can be time and version-independent or time and version-dependent.

Additional master data settings are used to control granularity, matrix eliminations, and usability of many group reporting fields. Which of the following describes additional master data?

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.

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

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.

G/L accounts must be mapped to FS items so that data can be released from accounting into group reporting. Which of the following describes FS Items and GL Account Mapping?

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