Exam 2 Flashcards
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)
When the asset information is deleted from asset-related fields of the Fl documents, for example from thefields ANLN1 and ALN2?
A. Add-In (BAdl) to transfer the asset information to customer defined fields
B. Before this type of document is posted in the Central Finance system
C. The G/L accounts to which acquisition
D All asset accounts for APC and cumulated depreciation
B. Before this type of document is posted in the Central Finance system
Where you collect future incoming and outgoing payments of your company that are associated witha currency risk?
A. In Exposure Management 2.0
B. The approver can be an external (e-mail) user.
C. Documents must be in Published status.
D. The approver must be a user in the system.
A. In Exposure Management 2.0
You customize the Define Search String for Electronic Bank Statement node. What do you enter into the target field?
The posting rule
The value to be searched
The clearing algorithm
The value that is derived
The value that is derived
What Is Hedge Accounting?
Hedge accounting is a method of accounting in which entries to adjust the fair value of a security and its opposing hedge are treated as one. Hedge accounting attempts to reduce the volatility created by the repeated adjustment to a financial instrument’s value, known as fair value accounting or mark to market. This volatility is reduced by combining the instrument and the hedge as one entry, which offsets the opposing’s movements
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
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
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
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
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
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
You are using Credit Risk Analyzer. Which type of Counterparty risk is tracked?
Please choose the correct answer.
Response:
A. Interest rate risk
B. Inflationary risk
C. Liquidity risk
D. Settlement risk
D. Settlement risk
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
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
SAP Cash application
Your company experiences low automatic reconciliation for incoming payments. To use ML to improve the
clearing automation?
Please choose the correct answer.
Response:
A.Search string
B. Reprocessing rules
C. SAP Cash Application
D. Interpretation algorithm
C. SAP Cash Application
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
Manage cash concentration
Which SAP Fiori app can a business use execute to create a cash pool structure whithout having to transport configuration
Cash Pool Transfer Report
Manage Cash Concentrarion
Bank Hierachy View
Manage Cash pool
Manage Cash Concentrarion
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 GL 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
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. Share
B. Publish
C. Share as
D. Publish as
D. Publish as
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
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
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
Your current payment outflows meet all netting requirements. Which Transaction Manager flows can you
link through netting?
There are 3 correct answers to this question.
A. Five derivative flows and one security flow
B. Two or more money market transaction flows
C. Bank-to-bank repetitive payment and a money market flow
D. One money market flow and a freeform payment request
E. Two money market flows and a foreign exchange flow
A. Five derivative flows and one security flow
B. Two or more money market transaction flows
E. Two money market flows and a foreign exchange flow
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
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/interest rates
Which of the following market data types can you import into the system?
There are 3 correct answers to this question.
Response:
A. Interest rates
B.Exchange rates
C. Exchange limits
D. Correlations
E. Discount factors
A. Interest rates
B.Exchange rates
D. Correlations
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
How does SAP support parallel interest conditions?
A. Interest calculation method
B. Multiple condition items
C. Parallel shifts of yield curves
D. Conditions groups
Conditions groups
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
Which function is performed in the Credit Risk analyzer?
Please choose the correct answer.
Response:
A. Value at risk calculation
B. Online limit check
C. Evaluation procedure
D. Portfolio analysis
B. Online limit check
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
Facilities
Which product types are part of the money market sub module?
3 correct answers
A. Futures
B. Deposit at notice
C. Letter of Credit
D. Commercial paper
E. Facilities
B. Deposit at notice
D. Commercial paper
E. Facilities
For which money market trade types are fast entry tiles available?
There are 3 correct answers to this question.
Response:
A. Fixed Term Deposit
B. Cash Flow Instrument
C. Commercial Paper
D. Facility
E. Deposit at Notice
A. Fixed Term Deposit
C. Commercial Paper
E. Deposit at Notice
You are preparing scenarios in market risk analyzer for testing purposes. Which market data can you use to create scenarios?
2 correct answers
A. Credit spreads
B. Correlations
C. Exchange rates
D. Default rates
A. Credit spreads
C. Exchange rates
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
You are working with security transaction. The position is the basis for which of the following?
A. Correspondance
B.Posting of a trades purchase cash flows
C. Settlement of the trade
D. Valuation flows
A. Correspondance
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/net exposure
Which of the following data does the Hedge Management Cockpit incorporate into one view?
There are 3 correct answers to this question.
Response:
A. Hedges
B. Exposures
C. Hedging relationship
D. Yield curves
E. Volatilities
A. Hedges
B. Exposures
C. Hedging relationship
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
Which type of connection is used when data is uploaded to the SAP Analytics Cloud in memory HANA
database?
Please choose the correct answer.
Response:
A. Unified modelling
B. Live connection
C. Embedded Data Source
D. Data Acquisition
B. Live connection
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 medi
A. Payment run
In SAP S/4HANA, which component of Payment Processing is primarily responsible for executing payments
to vendors and employees?
Please choose the correct answer.
A. Hedge Designation
B. Risk Analysis
C. Payment Run
D. Transaction Manager
C. Payment Run
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
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
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
You work on a business blueprint for the correspondence business partner group. Which configuration
settings can you select?
There are 2 correct answers to this question.
Response:
A. Automatic correspondence
B. Contract settlement required
C. Counter confirmation required
D. Correspondence object creation
A. Automatic correspondence
D. Correspondence object creation
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
A. Company code
D. Account type
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
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
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
For self-initiated payments (SIP) in combination with the bank reconciliation ledger, which configuration tasks are used to determine the GL 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
What are some factors to consider when using flow types in SAP Cash Management?
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
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
B. Activate via workflow
D. Activate directly
E. Activate via dual control
What are the available account revision options when you configure the bank account revision process?
There are 3 correct answers to this question.
Response:
A. Activate directly
B. Formal activation
C. Activate via workflow
D. Activate via dual control
Indirect activation
A. Activate directly
C. Activate via workflow
D. Activate via dual control
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
Which of the following accrual and deferral methods are supported?
There are 2 correct answers to this question.
A. Difference
B.Partial
C. Reset
D. Amortization
A. Difference
C. Reset
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
It is required to performing the efectiveness test
You implement Hedge Management and Hedge Accounting. How do you explain the hypothetical derivative?
Please choose the correct answer.
Response:
A. It is the representation of the hedging relationship in Market Risk Analyzer.
B. It is the link between the hedged item and hedging instrument.
C. It is the representation of the hedged item.
D. It is the representation of the hedging instrument.
C. It is the representation of the hedged item.
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
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/ Decouple the calculation of key figures from reporting
B. Combine sensitivity per basis point and net present value in one report/Combine net present value and value risk in one rpeort
You implement Market Risk Analyzer. What can you achieve when you use the results database?
There are 2 correct answers to this question.
A.Forward the net present value to transaction manager
B. Decouple the calculation of key figures from reporting.
C. Combine net present value and value at risk in one report.
D. Import yield curves, foreign exchange rates, and sensitivities.
B. Decouple the calculation of key figures from reporting.
C. Combine net present value and value at risk in one report.
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
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
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
Which methods are available to capture analysis characteristic values within a trade?
There are 2 correct answers to this question.
Response:
Idoc
Manual input
Direct interface
Derivation strategy
A. Manual input
C. Direct interface
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
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
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/contract settlement
C. Contract
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
Which organizational units, in addition to the company code, can be displayed in Cash Flow analyzer?
Cost center
Business area
Functional area
Profit center
Segment
Business area
Profit center
Segment
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)
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
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
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
When you execute the treasury payment program, in which order must you execute the steps?
Please choose the correct answer.
Response:
“1. Enter payment parameters
2. Run payment proposal
3. Payment run — create payment medium
4. Payment run — accounting entries”
“1. Run payment proposal
2. Enter payment parameters
3. Payment run — accounting entries
4. Payment run — create payment medium”
“1. Run payment proposal
2. Enter payment parameters
3. Payment run — create payment medium
4. Payment run — accounting entries”
“1. Enter payment parameters
2. Run payment proposal
3. Payment run — accounting entries
4. Payment run — create payment medium”
“1. Enter payment parameters
2. Run payment proposal
3. Payment run — accounting entries
4. Payment run — create payment medium”
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 HIB.
B. For cash flow hedges, the non-effective portion of the gain or loss of the HIC.
C. For fair value hedges, the effective portion of the change in fair value of the HID.
D. For fair value hedges, the non-effective portion of the change in fair value of the HI
B. For cash flow hedges, the effective portion of the gain or loss of the HI
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
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. Liabilities (LEQ)
Which cash pool type is supported by default in SAP S/4HANA Cash Management?
Please choose the correct answer.
A. National
B. Internal
C. Physical
D. Centralized
D. Physical
Which cash pool type is supported using the manage cash pools SAP fiori app?
A. Notional
B. Internal
C. Physical
D. Centralized
C. Physical
Which cash management attributes are defined in the GL 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
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. Transaction type
B. Activity category
C. Forex attributes
D. Product type
D. Product type
B. Activity category
A. Transaction type
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
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
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
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
Payment medium format
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 (derived flows)
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
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
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
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
Preparing a handbook for testers on new Foreign exchange (FX) Hedge management solution. When must
you take a snapshot?
Please choose the correct answer.
Response:
A. After you capture raw exposure data; Before you conclude the hedging contract
B. After you determine hedging requirements; Before the decision on a hedging instrument is final.
C. After you capture raw exposure data; Before you create hedging area
D. After the decision on a hedging instrument is final; Before you process the hedging instrument.
A. After you capture raw exposure data; Before you create hedging area
You are centralizing your sap s4 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
B. Value date
C. Account ID
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
You want to use SAP S/4HANA Basic Cash Management. Which functional features are provided with this
setup?
There are 3 correct answers to this question
A. Manage liquidity items
B. Monitor Cash positions
C. Display bank accounts
D. Manage memo records
E. Manage workflows
A. Manage liquidity items (Arm)
B. Monitor Cash positions
D. Manage memo records
Which GL 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
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.
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.
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
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
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
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
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
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
E. Hedging instruments
Derivatives
Exposures
Hedging relationship
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
A.Créate, edit, and delete bank accounts and house bank accounts
D. Associate house banks, contracts persons, and business partners with your banks
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
Which of the following is a required configuration step when implementing self-initiated payments (SIP) in the bank account ledger?
A. Assign GL 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
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
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
Which settings can be configured to generate outgoing correspondance? 3 correct answers
A. Transaction type
B Product type
C. House bank account
D. Activity category
E. Processing category
A. Transaction type
B. Product type
D. Activity category
You need to setup dual control process for bank accounts with workflow. According to requirements, implement for all business units but only for deposit accounts during opening & closing and not for changing.
Preconditions for workflow?
There are 2 correct answers to this question.
A. Account type
B. Account action
C. Account number
D. Company code
A. Account type
D. Company code
Payables Management functions within SAP can be summarized in 4 main parts:
Account Management,
Payment Processing.
Correspondence
Supplier Analytics.
Reconciliation Account
account from your General Ledger that consolidates transactions from multiple customers. Adding this account to the customer master record will ensure that your General Ledger is always up-to-date with all customer transactions
SSCUI
Self-Service Configuration User Interface
What are 2 ways to create asset master data?
Using asset class default values. AND Using reference asset default values.
Which dimension can be used for grouping to represent areas of internal responsibility?
Profit Center
Which dimension can be used for presenting the P&L Statement according to cost of sales accounting?
Functional Area
Which object defines the position of any asset transaction in the asset history sheet?
Transaction type
Which of these functions does not belong to payables management?
Post goods receipt
What is a non-deliverable forward contract?
A non-deliverable forward (NDF) is a cash-settled, and usually short-term, forward contract
Business Partner Concept
- Category: Person, Organization or group
- Role: Supplier or customer
- Grouping: Internal numeric, external numeric, external alphanumerical
How many roles can you assign to a business partner?
Unlimited number
What are some factors to consider when using flow types in SAP Cash Management?
2 correct answers
A. They represent the source of the cash flow
B. The flow types from 20 to 80 are forecasted cash flows
C. They allow classification of customers and vendors in the cash forecast
D. They distinguish forecasted cash flows from confirmed cash flows.
A. They represent the source of the cash flow
D. They distinguish forecasted cash flows from confirmed cash flows
Which money market activity categories can you configure to generate correspondence?
A. Rollover
B. Contract
C. Premature settlement
D. Rate fixing
D. Offer
A. Rollover
B. Contract
D. Offer
Which of these functions does not belong to payables management?
Post goods receipt
Which analytical tool do you use to display and develop liquidity plans?
Please choose the correct answer
A. Design Studio
B. SAP Analysis for Microsoft Office
C. Tableau
D. SAP Lumira
B. SAP Analysis for Microsoft Office
In SAP S/4HANA, which tool in liquidity management helps in predicting future cash flows based on
historical data and planned items?
Please choose the correct answer.
A. Cash flow forecasting
B. Bank reconciliation
C. Hedge management
D. Cash concentration
A. Cash flow forecasting
You have enabled two business transaction events (BTE) in configuration to enable signatory control. What
impact does this have on the payment approval process?
Please choose the correct answer.
A. Users defined in SAP Payment Engine can approve payments.
B. Users defined in SAP Multi-Bank Connectivity can approve payments.
C.Users defined in SAP Bank Communication Management can approve payments.
D. Users defined in SAP Bank Account Management can approve payments.
D. Users defined in SAP Bank Account Management can approve payments.
You have enabled two business transaction events (BTE) in configuration to enable signatory control. What
impact does this have on the payment approval process?
Please choose the correct answer.
Response:
A. Users defined in SAP Bank Communication Management can approve payments.
B. Users defined in SAP Bank Account Management can approve payments.
C. Users defined in SAP Payment Engine can approve payments.
D. Users defined in SAP Multi-Bank Connectivity can approve payments.
B. Users defined in SAP Bank Account Management can approve payments.
vWhich features are available when you define payment approvals in Bank Account Management?
There are 3 correct answers to this question.
A. Signatory can be assigned to different signatory groups
B. A validity period can be assigned to each signatory
C. Payment approval patterns can be assigned by bank account country
D. Payment approval limits are specified in local currency
E. Payment approval limits can be defined for each signatory
A. Signatory can be assigned to different signatory groups
B. A validity period can be assigned to each signatory
E. Payment approval limits can be defined for each signatory
You are implementing the new FX Hedge Management and Hedge accounting functionality. What can you
specify in hedging profile?
There are 2 correct answers to this question.
A. Product types for exposure subitems
B. Hedging scenario
C. Designation types
D. Settings used for the effectiveness tests
B. Hedging scenario
D. Settings used for the effectiveness tests
You are setting up a model for Liquidity Planning in SAP Analytics Cloud. Which steps are required to
establish the model?
There are 3 correct answers to this question.
Response:
A.Define a style
B.Add dimensions
C.Map Data
D.Add an input task
E.Add a data source
A.Define a style
B.Add dimensions
D.Add an input task
Why must you assign special accounts (clearing and substitution accounts) for the initial load during
customizing?
There are 2 correct answers to this question.
Response:
A. Loading balances need an offsetting account.
B.Substitution accounts must be used for sensitive data of the source system.
C.There must be a substitution account for every reconciliation account.
D.After initial load, an offsetting account will be posted automatically to achieve a balanced balance sheet.
A. Loading balances need an offsetting account.
C.There must be a substitution account for every reconciliation account.
Which of the following prerequisites must a business partner have who is linked to a bank in the Manage
Banks app?
There are 2 correct answers to this question.
Response:
A. The bank role is assigned.
B. The business partner category is a group.
C. The financial services role is assigned.
D. The business partner category is an organization.
A. The bank role is assigned.
D. The business partner category is an organization.
Which of the partner is used for asset positions, and the company code is used for liabilities positions?
Please choose the correct answer.
Response:
A.Business partner
B.Company
C.Object currency
D.Code currency
A.Business partner
You need to interpret the note to payee values when you customize bank statements. Which setting in the
Assign External Transaction Types to Posting Rules folder do you use?
Please choose the correct answer.
Response:
A. Posting type
B. Account modifier
C. Interpretation algorithm
D. Search string
C. Interpretation algorithm
When a BP is linked to a bank in Manage Banks app, which pre-requisites are required?
There are 2 correct answers to this question.
A. BP category is an organization
B. “Financial services” role is assigned
C. BP category is a group
D. “Bank Role” is assigned
A. BP category is an organization
D. “Bank Role” is assigned
Which of the requests are now relevant for the trader, who searches for the released FX hedge requests in
the Process Hedge Request fuction and creates hedging instruments, according to the information given in
the hedge request?
Please choose the correct answer.
Response:
A. Request for quotation
B. Platform support
C. Released FX hedge requests
D. Payment method
C. Released FX hedge requests
What cannot be posted because of an invalid mapping rule, missing Customizing, or master data?
Please choose the correct answer.
Response:
A. Profit Center Accounting
B. Profit Center Accounting Simulation
C. Documents
D. Central Finance Project System Master Data
C. Documents
You note missing memo record information on a report. Which table do you check to analyze the problem?
Please choose the correct answer.
Response:
A. FDSB
B. FDES
C. FQM_FLOW
D. FQLSUM
C. FQM_FLOW
Which type of user; who is responsible for analyzing errors in AIF a user based on the role template
SAP_AIF_USER?
Please choose the correct answer.
Response:
A. End user
B. Business user
C. Client
D. The replication of asset
B. Business user
What must you do before you can use the Reconcile Cash Flows - Intraday Memo Record process?
Please choose the correct answer.
Response:
A. Set the Create Planning Types per Bank Account node.
B. Configure the Define Transaction node.
C. Configure tolerance groups.
D. Set the monitoring rules for the Intraday Bank Statements app.
C. Configure tolerance groups.
Which of the ID is displayed and you can open a dialog box with detailed information about the snapshot
corresponding to the exposure item?
Please choose the correct answer.
Response:
A. Article
B. Project Owners
C. Relevant snapshot ID
D. Surrogate Bidders
C. Relevant snapshot ID
Which of the manager is responsible for providing information about the short- and medium-term financial
situation as a basis for financial planning?
Please choose the correct answer.
Response:
A. Amount-based commodities
B. Project Owners
C. Surrogate Bidders
D. Fund manager
D. Fund manager
From which sources can you copy reference data during the planning process?
There are 3 correct answers to this question.
Response:
A. Forecast data
B. Previous plans
C. Cash position data
D. Treasury cash flow data
E. Actual data
A. Forecast data
B. Previous plans
E. Actual data
What are used for the interest rate instrument on which the reference interest rate is based to describe
when and how much money is paid?
Please choose the correct answer.
Response:
A. Perform cost accounting
B. Interest conditions
C. Review tasks
D. Sales order management
B. Interest conditions
Which of the values are required for the valuation that takes place during the release of hedging business
transactions?
Please choose the correct answer.
Response:
A. Component values
B. SAP ERP systems
C. SAP ERP users
D. Open ODS View
A. Component values
Which of the following statements about the Transaction Manager in SAP S/4HANA is TRUE?
Please choose the correct answer.
Response:
A. It supports centralized control over bank accounts.
B. It is primarily used for long-term financial planning.
C. It provides real-time visibility into cash positions.
D. It handles different types of financial transactions.
D. It handles different types of financial transactions.
Which logic is not active in the productive source system, the raw posting information does not get
captured and is also not included in a copy of the system?
Please choose the correct answer.
Response:
A. Central Projects (WBS) - Reporting Scenario
B. Partial Payments integration
C. Central Finance
D. Activate central payment by company code
A. Central Projects (WBS) - Reporting Scenario
Which type of documents requires specific configuration in the Central Finance system?
Please choose the correct answer.
Response:
A. Replicated FI documents
B. Replicated FI-GL document
C. Replicated FI-AA document
D. The replication of asset
D. The replication of asset
Which of the date is determined according to the settings that you have made in the Balance Sheet
Recognition field on the Hedge Accounting I tab of the hedging area?
Please choose the correct answer.
Response:
A. Existing kits
B. SAP HANA Platform
C. Reclassification date
D. Non-catalog items
C. Reclassification date
Which of the date is derived from the designation splitting settings made on the Hedge Accounting I tab in
the hedging area?
Please choose the correct answer.
Response:
A. Price components
B. Payment method
C. Deviant date
D. Platform support
C. Deviant date
Which of the item represents the operational exposure that results from designation splitting?
Please choose the correct answer.
Response:
A. Request for Proposals
B. Hedged item
C. Approval tasks
D. SAP HANA
B. Hedged item
Which of the program first checks whether the flows and sub raw exposures can be archived?
Please choose the correct answer.
Response:
A. Preprocessing program
B. Statistical authorities
C. Customer projects
D. Direct cost projects
A. Preprocessing program
Which of the following is NOT a primary function of Financial Risk Management in SAP S/4HANA?
Please choose the correct answer.
Response:
A. Assessing risks
B. Prioritizing risks
C. Identifying risks
D. Managing bank accounts
D. Managing bank accounts
