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NEW QUESTION 37
Company A purchased 80% of Company B for 80 million in December of 2022. Company B's equity is 50 million. What accounting entries should be generated when consolidation is run for December of 2022?
Note: There are 2 correct answers to this question.

A. Credit investment 64 millionB. Debit goodwill 40 millionC. Debit goodwill 50 millionD. Credit investment 80 million

Answer: B

 

NEW QUESTION 38
What ownership chains are supported in the equity pickup solution?
Note: There are 2 correct answers to this question.

A. CircularB. Single levelC. VerticalD. Horizontal

Answer: A

 

NEW QUESTION 39
What field values are controlled by breakdown categories when posting to SAP S$/4HANA Finance for group reporting?

A. Consolidation unitsB. SubitemsC. Custom fieldsD. FS items

Answer: C

 

NEW QUESTION 40
What does activity based consolidation of investments feature?
Note: There are 2 correct answers to this question.

A. Ownership percentages posted with investment valuesB. Ownership percentages posted separately from investment valuesC. Pre-defined posting logicD. Custom posting logic

Answer: C,D

 

NEW QUESTION 41
How can FS items be determined for balance carry forward?
Note: There are 3 correct answers to this question.

A. Via a configuration tableB. Via their FS item typeC. Via selection objectsD. Via their role attributeE. Via their scope attribute

Answer: A,B,D

 

NEW QUESTION 42
......

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