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SAP C_S4FTR_2021 SAP Certified Application Associate - Treasury with SAP S/4HANA (SAP S/4HANA 2021) Exam Practice Test

Demo: 24 questions
Total 80 questions

SAP Certified Application Associate - Treasury with SAP S/4HANA (SAP S/4HANA 2021) Questions and Answers

Question 1

Which settings can be configured to generate outgoing correspondence?Note: There are 3 correct answers to this question.

Options:

A.

Transaction type

B.

Product type

C.

Activity category

D.

House bank account

E.

Processing category

Question 2

Your company experiences low automatic reconciliation for incoming payments. You therefore decide to use machine learning to improve the clearing automation.What do you use to support this kind of functionality?

Options:

A.

SAP digital payments add-on

B.

SAP S/4HANA Cloud for advanced payment management

C.

SAP Cash Application

D.

SAP Multi-Bank Connectivity

Question 3

In which SAP Fiori app can you maintain the minimum transfer amount for the cash pools?

Options:

A.

Manage Bank Accounts

B.

Cash Pool Transfer Report

C.

Manage Cash Pools

D.

Manage Cash Concentration

Question 4

Which cash pool type is supported using the Manage Cash Pools SAP Fiori app?

Options:

A.

Notional

B.

Internal

C.

Physical

D.

Centralized

Question 5

When defining a payment method, which of the following can you set?Note: There are 2 correct answers to this question.

Options:

A.

Number of payments

B.

Allowed origins of payments

C.

Document type for payment and clearing

D.

Direction of payment method

Question 6

Your company is performing FX balance sheet hedging.What data is captured with the Take Snapshot Balance Sheet FX Risk SAP Fiori app?Note: There are 2 correct answers to this question.

Options:

A.

Hedge quotas

B.

Balance sheet exposures

C.

Market data

D.

FX hedges

Question 7

Which G/L account type must be set when working with the bank reconciliation ledger?

Options:

A.

Cash account

B.

Balance sheet account

C.

Bank sub account

D.

Bank reconciliation account

Question 8

You implement SAP Bank Communication Management with payment approval.After which process step will the payment medium be created?

Options:

A.

Payment run

B.

Final payment approval

C.

Payment merge execution

D.

Reservation for cross-payment run payment media

Question 9

You are using Credit Risk Analyzer.Which type of risk can be tracked?

Options:

A.

Settlement risk

B.

Liquidity risk

C.

Interest rate risk

D.

Inflationary risk

Question 10

You are configuring the correspondence settings for a business partner group.Which settings can you select?Note: There are 2 correct answers to this question.

Options:

A.

Counter confirmation required

B.

Automatic correspondence

C.

Contract settlement required

D.

Dual control required

Question 11

What are some factors to consider when using flow types in SAP Cash Management?Note: There are 2 correct answers to this question.

Options:

A.

The flow types from 20 to 80 are forecasted cash flows.

B.

They represent the source of the cash flow.

C.

They allow classification of customers and vendors in the cash forecast.

D.

They distinguish forecasted cash flows from confirmed cash flows.

Question 12

You configure a new foreign exchange product and want automatic settlement on counter confirmation. At what level of configuration do you specify this requirement?

Options:

A.

Product type

B.

Activity category

C.

Transaction type

D.

Forex attributes

Question 13

You are configuring workflow processes for Bank Account Management.What options do you have to group a mass change request when workflows are enabled?Note: There are 2 correct answers to this question.

Options:

A.

Bank country

B.

Account currency

C.

Company code

D.

Account type

Question 14

When defining a liquidity item, what must be specified?

Options:

A.

Certainty level

B.

Cash flow direction

C.

Flow type

D.

Planning level

Question 15

Your customer requires you to create a two-step approval process. All payment approver groups must receive the workflow approval request at the same time.Which approval sequence will you implement in Bank Account Management?

Options:

A.

Sequential approval pattern

B.

Non-sequential approval pattern

C.

Hierarchical approval pattern

D.

Automatic approval pattern

Question 16

You are using Credit Risk Analyzer.At what point is the single transaction check executed for a money market trade?Note: There are 2 correct answers to this question.

Options:

A.

When the limit utilization analysis is executed

B.

When the trade is saved

C.

When settling the trade

D.

When the check icon is clicked

Question 17

You want to use the basic cash management capability in SAP S/4HANA.Which functional features are provided with this setup?Note: There are 3 correct answers to this question.

Options:

A.

Manage memo records

B.

Payment advice reconciliation

C.

Monitor cash position

D.

Manage liquidity items

E.

Manage workflows

Question 18

Which of the following functions are performed in Credit Risk Analyzer?Note: There are 2 correct answers to this question.

Options:

A.

Online limit check

B.

Monitor risk exposure

C.

Asset/liability management (ALM) analysis

D.

Value-at-risk calculation

Question 19

You are preparing scenarios in Market Risk Analyzer for testing purposes.Which market data can you use to create scenarios?Note: There are 2 correct answers to this question.

Options:

A.

Security prices

B.

Yield curves

C.

Correlations

D.

Default rates

Question 20

You are configuring the planned record update strategy for variable interest rate security instruments. This strategy determines the value to be used for displaying the variable interest rate flows that have not yet been adjusted in the cash flow.Which of the following strategies are available?Note: There are 2 correct answers to this question.

Options:

A.

Update with configured interest rate

B.

Zero update, assign 0

C.

Update with benchmark interest rate

D.

Update with current interest rate

Question 21

What does the Manage Banks SAP Fiori app allow you to do?Note: There are 2 correct answers to this question.

Options:

A.

Create, edit, and delete bank accounts and house bank accounts.

B.

Navigate to other SAP Fiori apps, such as Manage Bank Statements and Cash Flow Analyzer.

C.

Define bank risk partners for the banks.

D.

Associate house banks, contact persons, and business partners with your banks.

Question 22

You are implementing the SAP Hedge Management application for foreign exchange (FX) and hedge accounting functionality. You define a hedging profile that is used for the definition of the hedging area.What parameters are driven by the hedging profile?Note: There are 2 correct answers to this question.

Options:

A.

Designation types

B.

Product types for exposure subitems

C.

Effectiveness test method

D.

Hedging relationship scenario

Question 23

Which of the following are types of hedging area?Note: There are 2 correct answers to this question.

Options:

A.

Reference-based

B.

Period-based

C.

Risk-based

D.

Rule-based

Question 24

Regardless of configuration, by which criterion are payment requests always grouped in the collector of SAP Bank Communication Management?

Options:

A.

Payment medium format

B.

Payment approver

C.

Payment currency

D.

House bank

Demo: 24 questions
Total 80 questions