Updated Jul-2023 C-S4FTR-2021 Exam Practice Test Questions
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NEW QUESTION # 35
What are the available options when you configure the bank account revision process?Note: There are 3 correct answers to this question.
- A. Activate sequentially
- B. Activate via two-factor authorization
- C. Activate via workflow
- D. Activate directly
- E. Activate via dual control
Answer: A,C,E
NEW QUESTION # 36
Which settings can be configured to generate outgoing correspondence?Note: There are 3 correct answers to this question.
- A. Processing category
- B. House bank account
- C. Activity category
- D. Transaction type
- E. Product type
Answer: C,D,E
NEW QUESTION # 37
Which cash pool type is supported using the Manage Cash Pools SAP Fiori app?
- A. Centralized
- B. Notional
- C. Physical
- D. Internal
Answer: A
NEW QUESTION # 38
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 procedures
- C. Valuation classes
- D. Valuation areas
Answer: A
Explanation:
Explanation
Valuation rules are used to enable specific evaluation type settings via product type. Valuation rules define how financial transactions are valued for market risk analysis purposes. They specify which evaluation types, valuation procedures, valuation classes, and market data sources are used for each product type.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 39
Which of the following are features of the analysis structure in Market Risk Analyzer?
- A. The valuation rule is defined on the basis of the analysis structure.
- B. Multiple analysis structures can be active in a client at the same time.
- C. An analysis structure is defined as master data.
- D. The analysis structure is the basis for market and credit risk reporting.
Answer: A
NEW QUESTION # 40
Which activity categories can you configure to initiate the deal release workflow for a money market transaction?Note: There are 3 correct answers to this question.
- A. Interest rate adjustment
- B. Underlying
- C. Contract
- D. Rollover
- E. Fixing
Answer: A,C,D
Explanation:
Explanation
The activity categories that can be configured to initiate the deal release workflow for a money market transaction are rollover, interest rate adjustment, and contract. The deal release workflow is a function that allows you to control and approve financial transactions before they are posted to accounting. The activity category defines the business event that triggers the deal release workflow, such as rollover of a term deposit, interest rate adjustment of a variable rate loan, or creation of a new money market transaction.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 41
Which of the following acts as the account dimension in your liquidity planning model?
- A. Time
- B. Liquidity item
- C. Company code
- D. Bank account
Answer: B
NEW QUESTION # 42
You are using Credit Risk Analyzer.Which type of risk can be tracked?
- A. Interest rate risk
- B. Liquidity risk
- C. Inflationary risk
- D. Settlement risk
Answer: D
Explanation:
Explanation
The type of risk that can be tracked by using Credit Risk Analyzer is settlement risk. Settlement risk is the risk that one party will fail to deliver the terms of a contract with another party at the time of settlement. Credit Risk Analyzer is a submodule of Financial Risk Management that allows you to manage credit risk for financial transactions and business partners. You can use Credit Risk Analyzer to track settlement risk by using online limit check or monitor risk exposure functions.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 43
You want to use the SOFR risk-free rate (RFR).For which product categories can parallel interest conditions be activated?Note: There are 2 correct answers to this question.
- A. 040 - Bonds
- B. 540 - Cash Flow Transaction
- C. 600 - FX Transaction
- D. 550 - Interest Rate Instrument
Answer: A,D
Explanation:
Explanation
The product categories that can activate parallel interest conditions for using the SOFR risk-free rate (RFR) are 040 - Bonds and 550 - Interest Rate Instrument. SOFR is one of the alternative risk-free rates (RFRs) that are replacing LIBOR as a benchmark interest rate for financial transactions. Parallel interest conditions are interest conditions that use different interest calculation methods or interest rates for the same financial transaction. You can activate parallel interest conditions for product categories 040 - Bonds and 550 - Interest Rate Instrument by using parallel shifts of yield curves or lookback interest calculation methods.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 44
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. An analysis structure is defined as master data.
- D. Multiple analysis structures can be active in a client at the same time.
Answer: A,B,D
Explanation:
Explanation
The features of the analysis structure in Market Risk Analyzer are the analysis structure is the basis for market and credit risk reporting; the valuation rule is defined on the basis of the analysis structure; and multiple analysis structures can be active in a client at the same time. An analysis structure is a parameter that defines how financial transactions and positions are analyzed and valued for market risk purposes in Market Risk Analyzer. Market Risk Analyzer is a submodule of Financial Risk Management that allows you to perform market risk analysis for financial transactions and positions based on various scenarios and key figures. The features of the analysis structure in Market Risk Analyzer are the analysis structure is the basis for market and credit risk reporting, which means that all market risk reports are generated based on an analysis structure; the valuation rule is defined on the basis of the analysis structure, which means that each analysis structure has its own valuation rule that defines how financial transactions and positions are valued; and multiple analysis structures can be active in a client at the same time, which means that you can create different analysis structures for different purposes or scenarios.
References:https://help.sap.com/viewer/product/SAP_S4HANA_FINANCE_FOR_TREASURY_AND_RISK_M
NEW QUESTION # 45
You want to post subscription rights for a capital increase.Which function would you use?
- A. Manual Debit Position (FWZE)
- B. Post and Fix (from status Planned) (TPM18)
- C. Corporate Action (FWKB)
- D. Post Flows (TBB1)
Answer: C
NEW QUESTION # 46
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. Deriving funds
- B. Allocating funds
- C. Spreading funds
- D. Distributing funds
Answer: C
NEW QUESTION # 47
You configure a new foreign exchange product and want automatic settlement on counter confirmation.At what level of configuration do you specify this requirement?
- A. Product type
- B. Forex attributes
- C. Transaction type
- D. Activity category
Answer: B
Explanation:
Explanation
You can specify the requirement for automatic settlement on counter confirmation at the level of forex attributes when configuring a new foreign exchange product. Forex attributes are the attributes that define the characteristics and behavior of a foreign exchange product. One of the forex attributes is the settlement type, which determines whether the settlement is manual or automatic and whether it requires counter confirmation or not.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 48
Which of the following describes SAP Multi-Bank Connectivity?
- A. Integration can be established with member banks only.
- B. There is embedded SWIFT network connectivity.
- C. There are minimal additional hardware costs.
- D. There are development, test, and production tenants.
Answer: B
NEW QUESTION # 49
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? Note: There are 3 correct answers to this question.
- A. Fund
- B. Business area
- C. Profit center
- D. WBS element
- E. Internal order
Answer: C,D,E
Explanation:
Explanation
The additional account assignments that are available for differentiating treasury positions are profit center, internal order, and WBS element. Treasury positions are financial transactions that are managed by Treasury and Risk Management module. You can use additional account assignments to differentiate treasury positions based on various criteria, such as cost center, profit center, internal order, fund, or WBS element. These account assignments allow you to allocate costs and revenues to different accounting objects and perform segment reporting or profitability analysis.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f748
NEW QUESTION # 50
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?Note: There are 3 correct answers to this question.
- A. To derive liquidity items from remote systems
- B. To derive liquidity items from various fields of the accounting document
- C. To derive liquidity items from the incoming bank statements
- D. To derive liquidity items from G/L accounts
- E. To derive liquidity items from source applications such as Treasury and Risk Management
Answer: A,C,E
Explanation:
Explanation
The use cases where a query sequence is required to derive liquidity items are to derive liquidity items from remote systems, to derive liquidity items from source applications such as Treasury and Risk Management, and to derive liquidity items from the incoming bank statements. A query sequence is a parameter that defines the order and conditionsfor deriving liquidity items based on various data sources and fields. A liquidity item is a parameter that represents an account dimension in the liquidity planning model. A query sequence is required to derive liquidity items from remote systems, such as SAP S/4HANA Cloud or SAP Business ByDesign; from source applications such as Treasury and Risk Management, which provide cash flow data for financial transactions; and from the incoming bank statements, which provide cash flow data for bank account transactions.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 51
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?Note: There are 3 correct answers to this question.
- A. Rebuild liquidity items in accounting documents
- B. Rebuild planning levels and planning groups in accounting documents
- C. Rebuild liquidity item hierarchies
- D. Rebuild flow types in accounting documents
- E. Rebuild value dates in accounting documents
Answer: A,B,D
NEW QUESTION # 52
When defining a payment method, which of the following can you set?Note: There are 2 correct answers to this question.
- A. Allowed origins of payments
- B. Number of payments
- C. Document type for payment and clearing
- D. Direction of payment method
Answer: A,C
Explanation:
Explanation
When defining a payment method, some of the settings that you can set are allowed origins of payments, document type for payment and clearing, and direction of paymentmethod. A payment method is a code that defines the characteristics and processing rules for payments, such as bank transfer, check, or direct debit. The allowed origins of payments define the sources of payments that can use the payment method, such as invoices, down payments, or payment requests. The document type for payment and clearing define the document types that are used for posting payments and clearing open items when using the payment method.
The direction of payment method defines whether the payment method is used for outgoing payments or incoming payments.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f748
NEW QUESTION # 53
What are some factors to consider when creating a house bank for your company code?Note: There are 2 correct answers to this question.
- A. The house bank name can be freely defined.
- B. Every account at a house bank is represented by an account ID.
- C. A bank can only be defined once as a house bank.
- D. Each company code can have only one house bank.
Answer: A,B
NEW QUESTION # 54
Which types of payments can be processed with the Automatic Payment Transactions for Payment Requests app?Note: There are 2 correct answers to this question.
- A. In-house cash payments
- B. Mobile payments
- C. Payroll payments
- D. Freeform payments
Answer: B,C
NEW QUESTION # 55
Which of the following functions are performed in Credit Risk Analyzer?Note: There are 2 correct answers to this question.
- A. Online limit check
- B. Monitor risk exposure
- C. Asset/liability management (ALM) analysis
- D. Value-at-risk calculation
Answer: A,B
Explanation:
Explanation
The functions that are performed in Credit Risk Analyzer are online limit check and monitor risk exposure.
Credit Risk Analyzer is a submodule of Financial Risk Management that allows you to manage credit risk for financial transactions and business partners. The functions that are performed in Credit Risk Analyzer are online limit check, which allows you to check whether a financial transaction or position exceeds the predefined credit limit for a business partner; and monitor risk exposure, which allows you to analyze and report the credit risk exposure for financial transactions and business partners based on various criteria, such as rating, country, or industry.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 56
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 as
- B. Share as
- C. Publish
- D. Share
Answer: A
NEW QUESTION # 57
Which G/L account type must be set when working with the bank reconciliation ledger?
- A. Bank reconciliation account
- B. Cash account
- C. Balance sheet account
- D. Bank sub account
Answer: A
Explanation:
Explanation
The G/L account type that must be set when working with the bank reconciliation ledger is bank reconciliation account. The bank reconciliation ledger is a function that allows you to reconcile bank statements with accounting documents in SAP S/4HANA by using a subledger approach. The bank reconciliation account is a G/L account type that represents a bank subaccount in the bank reconciliation ledger. The bank reconciliation account must be assigned to a bank account in Bank Account Management and must have a corresponding G/L account in Financial Accounting.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f748
NEW QUESTION # 58
Where are the monitoring rules for the intraday bank statements assigned?Note: There are 2 correct answers to this question.
- A. Configuration of Bank Statements
- B. Define Monitoring Rules - Intraday Statements app
- C. Manage Bank Accounts app
- D. Manage Banks app
Answer: C,D
NEW QUESTION # 59
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 Multi-Bank Connectivity
- B. SAP S/4HANA Cloud for advanced payment management
- C. SAP digital payments add-on
- D. SAP Cash Application
Answer: D
NEW QUESTION # 60
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