Exam Flashcards by Armando Cisneros

Which settings can be configured to generate outgoing correspondance? 3 correct answers

A. Transaction type
B. Product type
C. Activity category
D. House bank account
E. Processing category

A. Transaction type
B. Product type
C. Activity category

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You are working with a private version of your liquidity planning sheet in SAP analytics cloud. Which option would you choose to save it with a different category under a new public version ?

A. Publish
B. Share as
C. Share
D. Publish as

D. Publish as

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You are working with security transaction. The position is the basis for which of the following?

A. Valuation flows
B. Correspondance
C. Settlement of the trade
D. Posting of a trade’s purchase cash flow

B. Correspondance

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What are some factors to consider when using flow types in SAP Cash Management? 2 correct answers

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

B. They represent the source of the cash flow
D. They distinguish forecasted cash flows from confirmed cash flows

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Which activity categories can you configure to initiate the deal release for workflow in money market transaction? 3 correct answers

A. Rollover
B. Interest rate adjustment
C. Contract
D. Fixing
E. Underlying

A. Rollover
B. Interest rate adjustment
C. Contract

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You configure a new foreign exchange product and want automatic settlement on counter confirmation. At what level of configuration do you specify this requirement? 3 correct answer

A. Product type
B. Activity category
C. Transaction type
D. Forex attributes

A. Product type
B. Activity category
C. Transaction type

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You want to use the basic cash management capability in SAP S4 HANA. Which functional features are provided with this setup? 3 correct answers

A. Manage memo records
B. Payment advice reconciliation
C. Monitor cash position
D. Manage liquidity items
E. Manage workflows

A. Manage memo records
C. Monitor cash position
D. Manage liquidity items

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You want to post subscription rights for a capital increase. Which function would you use?

A. Corporate actions (FWKB)
B. Manual debit position (FWZE)
C. Post flows (TBB1)
D. Post and fix (from status planned) (TPM18)

A. Corporate actions (FWKB)

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You are testing a current-account style transaction. Which of the following are some of the characteristics of this product type? 3 correct answers

A. Capitalized interest condition
B. Accrued interest condition
C. Scaled interest condition
D. Final repayment
E. Increase/decrease amounts

B. Accrued interest condition
C. Scaled interest condition
D. Final repayment

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Which type of payments can be processed with the automatic payment transactions for payment request app? 2 correct answers

A. Mobile payments
B. In-house cash payments
C. Payroll payments
D. Freeform payments

A. Mobile payments
C. Payroll payments

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When defining a liquidity item, what must be specified?

A. Certainty level
B. Cash flow direction
C. Flow type
D. Planning level

B. Cash flow direction

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Which of the following are types of hedging area? 2 correct answers

A. Reference-based
B. Period-based
C. Risk-based
D. Rule-based

A. Reference-based
B. Period-based

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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? 2 correct answers

A. Update with configured interest rate
B. Zero update, assign 0
C. Update with benchmark interest rate
D. Update with current interest rate

B. Zero update, assign 0
D. Update with current interest rate

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You are configuring credit risk analyzer. What must you do to activate the single transaction check functionality? 3 correct answers

A. Schedule the utilization reports
B. Configure the automatic financial object integration
C. Activate the integrated default risk limit check
D. Enable end-of-day processing of the credit risk analyzer
E. Define at least one single-transaction-check product

B. Configure the automatic financial object integration
C. Activate the integrated default risk limit check
E. Define at least one single-transaction-check product

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You are using credit risk analyzer. Which type of risk can be tracked?

A. Settlement risk
B. Liquidity risk
C. Interest rate risk
D. Inflationary risk

A. Settlement risk

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You are testing cross-currency swaps. Which of the following are some of the characteristics of this product type? 2 correct answers

A. Nominal amounts are not exchange
B. Interest based on the nominal currency amount is exchange
C. Nominal amounts are exchanged
D. Interest payment amounts are netted

B. Interest based on the nominal currency amount is exchange
C. Nominal amounts are exchanged

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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?

A. SAP digital payments add-on
B. SAP HANA Cloud for advance payment management
C. SAP Cash application
D. Sap multi-bank connectivity

C. SAP Cash application

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

A. Manage bank accounts
B. Cash Pool transfer report
C. Manage cash Pool
D. Manage cash concentration

D. Manage cash concentration

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When deriving liquidity items, the system first tries to apply the assigned query sequences. In which use cases is a query sequence required to derive liquidity items? 3 correct answers

A. To derive liquidity items from G/L accounts
B. To derive liquidity items from remote systems
C. To derive liquidity items from source applications such as Treasury and risk management
D. To derive liquidity items from the incoming bank statements
E. To derive liquidity items from various fields of the accounting document

A. To derive liquidity items from G/L accounts
D. To derive liquidity items from the incoming bank statements
E. To derive liquidity items from various fields of the accounting document

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Which process steps are part of exposure management? 2 correct answers

A. Link the hedging instrument to the exposure
B. Perform an effectiveness test
C. Create the raw exposures
D. Release the raw exposures that could be hedged

C. Create the raw exposures
D. Release the raw exposures that could be hedged

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You are creating dimensions for a liquidity planning model in SAP Analytics cloud. Which dimension types can you choose? 3 correct answers

A. Currency
B. Partner
C. Organization
D. Account
E. Measure

A. Currency
C. Organization
D. Account

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Your current payment outflows meet all netting requirements. Which transaction manager flows can you link through netting? 3 correct answers

A. One money market flow and a bank-to-bank repetitive payment
B. Two foreign exchange flows and one money market flow
C. Three derivative flows and one security flow
D. Two Freeform payment request and one money market flow
E. Two or more money market transaction flows

B. Two foreign exchange flows and one money market flow
C. Three derivative flows and one security flow
E. Two or more money market transaction flows

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You are in the process of replacing LIBOR with one of the risk-free rates (RFRs). What are the new interest calculation types with the parallel interest conditions? 2 correct answers

A. Lookback interest calculation
B. Average compound interest calculation
C. Compound interest calculation
D. Floating rate calculation

B. Average compound interest calculation
C. Compound interest calculation

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Which of the following market data types can you import into the system? 3 correct answers

A. Discount factors
B. Forex swap rates
C. Security prices
D. Credit spreads
E. Net present values

B. Forex swap rates
C. Security prices
D. Credit spreads

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25. Your organization would like to use the review process for bank accounts. In which SAP Fiori app do you initiate this process? A. My sent request - for bank accounts B. Review bank accounts C. Manage banks D. Manage bank accounts

B. Review bank accounts

26. How does SAP support parallel interest conditions? A. Interest calculation method B. Multiple condition items C. Parallel shifts of yield curves D. Conditions groups

D. Conditions groups

27. Which of the following functions are performed in credit risk analyzer? 2 correct answers A. Online limit check B. Monitor risk exposure C. Asset/liability management (ALM) analysis D. Value at risk calculation

A. Online limit check D. Value at risk calculation

28. Which product types are part of the money market sub module? 3 correct answers A. Letters of credit B. Commercial paper C. Current account style instrument D. Cash flow transaction E. Subscription rights

B. Commercial paper C. Current account style instrument D. Cash flow transaction

29. You are preparing scenarios in market risk analyzer for testing purposes. Which market data can you use to create scenarios? 2 correct answers A. Security prices B. Yield curves C. Correlations D. Default rates

A. Security prices B. Yield curves

30. Which of the following key figures are included in the hedge management cockpit? 3 correct answers A. Hedge quota B. Designation types C. Hedging profile D. Target quota E. Amount to hedge

A. Hedge quota D. Target quota E. Amount to hedge

31. Which of the following are ways to get data to SAP Analytics cloud? 2 correct answers A. Live connection B. Data transfer workbench C. Replication D. Data migration

A. Live connection C. Replication

32. You implement SAP Bank Communication Management with payment approval. After which process step will the payment medium be created? A. Payment run B. Final payment approval C. Payment merge execution D. Reservation for cross-payment run payment media

A. Payment run

33. Where are the monitoring rules for the intraday bank statements assigned? 2 correct answers A. Manage bank app B. Manage bank accounts app C. Define monitoring rules - intraday statements app D. Configuration of bank statements

A. Manage bank app B. Manage bank accounts app

34. New company codes have been added recently. You want to include the cash flow data for these company codes in one exposure so the data is reflected in the SAP cash management reports. After you activate the financial operations source application for each company code, what additional steps must be performed? 3 correct answers A. Rebuild flow types in accounting documents B. Rebuild planning levels and planning groups in accounting documents C. Rebuild value dates in accounting documents D. Rebuild liquidity items hierarchies E. Rebuild liquidity items in accounting documents

A. Rebuild flow types in accounting documents B. Rebuild planning levels and planning groups in accounting documents E. Rebuild liquidity items in accounting documents

35. You are configuring the correspondence settings for a business partner group. Which settings can you select? 2 correct answers A. Counter confirmation required B. Automatic correspondence C. Contract settlement required D. Dual control required

A. Counter confirmation required B. Automatic correspondence

36. You are interested in the total number and amount of incoming and outgoing payments at your house bank in the last 60 days. Which SAP Fiori app would you use to monitor this kind of information? A. Bank relationship overview B. Track bank transfers C. Cash flow analyzer D. Manage bank payments

A. Bank relationship overview

37. You are configuring workflow processes for bank account management. What options do you have to group a mass change request when workflows are enabled? 2 correct answers A. Bank country B. Account currency C. Company code D. Account type

C. Company code D. Account type

38. You want to use the SOFR risk free rate (RFR). For which product categories can parallel interest conditions be activated? 2 correct answers A. 600 - fx transaction B. 040 - bonds C. 540 - cash flow transaction D. 550 - interest rate instrument

B. 040 - bonds D. 550 - interest rate instrument

39. For self-initiated payments (SIP) in combination with the bank reconciliation ledger, which configuration tasks are used to determine the G/L clearing account? 2 correct answers A. Assign accounts symbol to payment method B. Prepare automatic postings for the payment program C. Make global settings for electronic bank statements D. Set up bank determination for payment transaction

A. Assign accounts symbol to payment method C. Make global settings for electronic bank statements

40. What are the available options when you configure the bank account revision process? 3 correct answers A. Activate sequentially B. Activate via workflow C. Activate via two-factor authorization D. Activate directly E. Activate via dual control

A. Activate sequentially B. Activate via workflow E. Activate via dual control

41. Which of the following procedures are supported when configuring the accrual/deferral functionality? 2 correct answers A. Difference B.Partial C. Reset D. Amortization

A. Difference C. Reset

42. You implement hedge management and hedge accounting. Which of the following describes the hypothetical derivative? A. It is used to simulate accounting entries for hedging instruments B. It is the link between the hedge item and hedge instrument C. It is the representation of the hedging instrument D. It is the representation of the hedge item

D. It is the representation of the hedge item

43. You are building a planning model in SAP Analytics Cloud. Which settings do you need to specify for currency conversion? 2 correct answers A. Currency unit B. Default currency C. Parallel currencies D. Currency dimension

A. Currency unit B. Default currency

44. You are implementing market risk analyzer. What can you achieve when you use the result database? 2 correct answers A. Separate the calculation of the key figures from reporting B. Combine sensitivity per basis point and net present value in one report C. Fix variable interest rates D. Forward the net present value to transaction manager

A. Separate the calculation of the key figures from reporting B. Combine sensitivity per basis point and net present value in one report

45. You configure sap bank communication management in sap s4 Hana. You want to derive the payment approvers from bank account management.which configuration option must be set to facilitate this process? A. Actívate BRF plus functions B. Enable payment approval C. Define release strategy D. Specify digital signature method

B. Enable payment approval

46. You work with preconverted currency data for liquidity planning in sap analytics cloud. Which category can this data be applied? A. Forecast B. Budget C. Planning D. Actuals

D. Actuals

47. You are working with market risk analyzer. Which methods are available to capture characteristics values in the analysis structure for the table (financial object)? 2 correct answers A. Manual input B. Intermediate document (I doc) C. Direct interface D. Derivation strategy

A. Manual input C. Direct interface

48. You are implementing market risk analyzer and need to enable specific evaluation type settings via product type. What must you use ? A. Valuation rules B. Valuation areas C. Valuation procedures D. Valuation classes

A. Valuation rules

49. You are working with a private version of your liquidity planning sheet in sap analytics cloud. Which option would you choose to save it with a different category under a new public version ? A. Publish B. Share as C. Share D. Public as

D. Public as

50. When entering a trade, you can add the differentiation relevant account assignments. Which of the following are the additional account assignments available for differentiating treasury positions? 3 correct answers A. Business areas B. Profit center C. Internal orders D. Fund E. WBS element

A. Business areas B. Profit center D. Fund

51. Which source applications use origin X when defining queries and query sequences? 2 correct answers A. General ledger accounting (fi-gl) B. Contracts accounts (fi-ca) C. Treasury and risk management (trm) D. Accounts receivable (fi-ar)

B. Contracts accounts (fi-ca) C. Treasury and risk management (trm)

52. Which elements control account determination for transaction manger deals? 3 correct answers A. Valuation area B. Update type C. Condition type D. Portfolio E. Account assignment reference

A. Valuation area B. Update type E. Account assignment reference

53. You configure the Sap business workflow for bank account management. Which steps are requiere to set up this process? 3 correct answers A. Actívate a workflow template B. Define approvers C. Change message control D. Define sensitive fields E. Define a release strategy

A. Actívate a workflow template B. Define approvers D. Define sensitive fields

54. When you execute the automatic payment transaction for payment request app, in which order are the steps executed? A. Enter payment parameters run payment proposal payment run - accounting entries payment run - create payment medium B. Enter payment parameters run payment proposal payment run - create payment medium payment run - accounting entries C. Run payment proposal enter payment parameters payment run - accounting entries payment run - create payment medium D. Run payment proposal enter payment parameters payment run - create payment medium payment run- accounting entries

A. Enter payment parameters run payment proposal payment run - accounting entries payment run - create payment medium

55. You have customized the system for hedge accounting under IFRS. During period-end activities, which of the following amounts of the hedging instrument (hi) does the system post to equity (oci)? A. For cash flow hedges, the effective portion of the gain or loss of the HI B. For cash flow hedges, the non-effective portion of the gain or loss of the HI C. For fair value hedges, the effective portion of the change in fair value of the HI D. For fair value hedges, the non-effective portion of the change in fair value of the HI

B. For cash flow hedges, the non-effective portion of the gain or loss of the HI

56. You are implementing market risk analyzer. What can you achieve when you use the result database? 2 correct answers A. Separate the calculation of key figures from reporting B. Combine sensitive per basis point and net present value in one report C. Fix variable interest rates D. Forward the net present value to transaction manager

A. Separate the calculation of key figures from reporting B. Combine sensitive per basis point and net present value in one report

57. Which financial account types require rate type CLOSING when using currency conversion in a planning model? 2 correct answers A. Assets (AST) B. Expense (EXP) C. Liabilities (LEQ) D. Income (INC)

A. Assets (AST) B. Expense (EXP)

58. Which cash pool type is supported using the manage cash pools SAP fiori app? A. Notional B. Internal C. Physical D. Centralized

D. Centralized

59. Which cash management attributes are defined in the G/L account master record? 2 correct answers A. Planning group B. Certainty level C. Planning level D. Relevance to cash flow

C. Planning level D. Relevance to cash flow

60. What are some factors to consider when creating a house bank for your company code? 2 correct answers A. Each company code can have only one house bank B. The house bank can be freely defined C. A bank can only be defined once as a house bank D. Every account at a house bank is represented by an account Id

B. The house bank can be freely defined D. Every account at a house bank is represented by an account Id

61. When defining payment methods, which settings is made at country level? A. payment medium format B. Minimum payment amounts C. Account determination D. Payment ranking order

A. payment medium format

62. You are using credit risk analyzer. At what point is the single transaction check executed for a money market trade ? 2 correct answers A. When the limit utilization analysis is executed B. When the trade is saved C. When setting the trade D. When the check icon is clicked

C. When setting the trade D. When the check icon is clicked

63. Your company is using sap bank communication management. Which parameter determines if payments in the payment run are routed through Sap bank communication management? A. Payment medium format B. Paying company code C. Payment run identification D. Payment method

A. Payment medium format

64. Which item is part of the standing instructions for the counterparty role for a business partner? A. Trading partner B. Business partner type C. Partner bank D. Business partner relationships

B. Business partner type

65. You want to automatically allocate funds from the global headquarters level down to the lower level subsidiaries. How can you perform this task in your planning sheet on Sap analytics cloud? A. Distributing funds B. Spreading funds C. Deriving funds D. Allocating funds

B. Spreading funds

66. 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? 2 correct answers A. Designation types B. Product types for exposure subitems C. Effectiveness test method D. Hedging relationship

A. Designation types D. Hedging relationship

67. Your company is performing FX balance sheet hedging. What data is capture with the take snapshot balance sheet fax risk sap fiord app? 2 correct answers A. Hedge quotas B. Balance sheet exposures C. Market data D. FX hedges

B. Balance sheet exposures C. Market data

68. You are preparing a handbook for tester on the SAP hedge management application for foreign exchange (fx). When must you take a snapshot? A. After the decision on a hedging instrument is final before you process the hedging instrument B. After you determine the hedging requirements. Before the decision on a hedging instrument is final C. After you create the hedging area before you release the raw exposure D. After you capture raw exposure data before you conclude the hedging contract

D. After you capture raw exposure data before you conclude the hedging contract

69. You are centralizing your sap s/4 Hana finance for cash management processes and bringing in data from a non-sap remote finance system. When you maintain the connectivity path for remote bank accounts, what are the fields of the input file that are part of the bank cash balance update? 2 correct answers A. G/L account number B. Value date C. Account ID D. Bank key

C. Account ID

70. Which G/L account type must be set when working with the bank reconciliation ledger? A. Cash account B. Balance sheet account C. Bank sub account D. Bank reconciliation account

A. Cash account

71. Which of the following describes SAP Multi-bank connectivity? A. There are development, test, and production tenants. B. Integration can be established with member banks only. C. There is embedded SWIFT network connectivity. D. There are minimal additional hardware costs.

C. There is embedded SWIFT network connectivity.

72. Which of the following are features of the analysis structure in Market Risk Analyzer? A. The Analysis structure is the basis for market and credit risk reporting B. The valuation rule is defined on the basis of the analysis structure. C. Multiple analysis structures can be active in a client at the same time. D. An analysis structure is defined as master data

B. The valuation rule is defined on the basis of the analysis structure.

73. Which of the following acts as the account dimension in your liquidity planning model? A. Company code B. Liquidity item C. Time D. Bank account

B. Liquidity item

74. When defining a payment method, which of the following can you set? 2 correct answers A. Number of payments B. Allowed origins of payments C. Document type for payment and clearing D. Direction of payment method

C. Document type for payment and clearing D. Direction of payment method

75. You are configuring Market Risk Analyzer. What do derivation strategies derive? A. The key figures to be stored in the results database B. The product types to be used for financial object integration C. The analysis structure characteristic values based on the trade D. The market data to be used when executing a Monte Carlo simulation

C. The analysis structure characteristic values based on the trade

76. You are implementing credit risk analyzer. Which of the following describes counterparty risk? 2 correct answers A. It relates to a counterparty not fulfilling their contractual agreements. B. It is subdivided into credit risk and settlement risk C. It is reportable in market risk analyzer D. It exists only during the settlement period of the trades

C. It is reportable in market risk analyzer D. It exists only during the settlement period of the trades

77. Which of the following must be configured to use liquidity planning? 2 correct answers A. SAP Liquidity planner B. SAP Cloud connector C. SAP S4HANA on premise D. SAP Cash application

A. SAP Liquidity planner C. SAP S4HANA on premise

78. What are the key components included in the hedge management cockpit? 3 correct answers A. Exposures B. Hedge requests C. Hedging scenarios D. Accounting principles E. Hedging instruments

A. Exposures B. Hedge requests

79. What does the manage banks SAP Fiori app allow you to do? 2 correct answers A. Créate, 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, contracts persons, and business partners with your banks

D. Associate house banks, contracts persons, and business partners with your banks

80. Your customer requires you to create a two-step approval process. All payments approvers groups must receive the workflow approval request at the same time. Which approval sequence will you implement in bank account management? A. Sequential approval pattern B. Non-sequential approval pattern C. Hierarchical approval pattern D. Automatic approval pattern

A. Sequential approval pattern

81. Which of the following is a required configuration step when implementing self-initiated payments (SIP) in the bank account ledger? A. Assign G/L account to cash clearing account B. Assign bank account to payment methods C. Assign account symbol to payment methods D. Assign bank sub account to payment methods

C. Assign account symbol to payment methods

82. Regardless of configuration, by which criterion are payment request always grouped in the collector of SAP bank communication management? A. Payment medium format B. Payment approved C. Payment currency D. House bank

B. Payment approved

Exam Flashcards

(82 cards)