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SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) Questions and Answers
According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the translation setting in the sequence that would allow you to preserve an existing group currency amount is reference rate. Reference rate is a field that defines the exchange rate that is used to translate local currency amounts into group currency amounts. If you want to preserve an existing group currency amount, you can set the reference rate to 1, which means no translation will take place.
Question 2
What are the SAP Group Reporting Data Collection mappings based on?
Options:
A.
Data collection configuration tables
B.
Excel Files
C.
CSV Files
D.
Data collection methods
Answer:
A
Explanation:
Explanation:
the SAP Group Reporting Data Collection mappings are based on data collection configuration tables2.
The SAP Group Reporting Data Collection mappings are based on data collection configuration tables. These tables store the mapping rules and definitions that enable the system to import data from various data sources into the SAP Group Reporting Data Collection system. (Reference:
Question 3
Which task uses a blank posting level?
Options:
A.
Release universal journal
B.
Data collection
C.
Calculate net income
D.
Currency translation
Answer:
B
Explanation:
Explanation:
A blank posting level is used in the data collection task. This task collects data from different sources, such as the general ledger, subledgers, and other systems, before the consolidation process begins.