Get New 2024 Valid Practice To your C-S4FTR-2023 Exam (Updated 80 Questions)
SAP Certified Associate C-S4FTR-2023 Exam Practice Test Questions Dumps Bundle!
SAP C-S4FTR-2023 Exam Syllabus Topics:
| Topic | Details |
|---|---|
| Topic 1 |
|
| Topic 2 |
|
| Topic 3 |
|
| Topic 4 |
|
NEW QUESTION # 34
You are preparing a handbook for testers on the SAP Hedge Management application for foreign exchange (FX).When must you take a snapshot?
- A. After you determine the hedging requirements Before the decision on a hedging instrument is final
- B. After you create the hedging area Before you release the raw exposure
- C. After the decision on a hedging instrument is final Before you process the hedging instrument
- D. After you capture raw exposure data Before you conclude the hedging contract
Answer: A
Explanation:
You must take a snapshot after you determine the hedging requirements and before the decision on a hedging instrument is final when using SAP Hedge Management application for foreign exchange (FX). A snapshot is a copy of the relevant data for hedge accounting, such as the hedged item, the hedging instrument, and the market data. It is used to perform the effectiveness test and to document the hedge relationship. Verified Reference: Snapshot Overview, [Snapshot Configuration Guide]
NEW QUESTION # 35
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. Manage Bank Payments
- B. Cash Flow Analyzer
- C. Track Bank Transfers
- D. Bank Relationship Overview
Answer: D
Explanation:
You would use the Bank Relationship Overview SAP Fiori app to monitor the total number and amount of incoming and outgoing payments at your house bank in the last 60 days. Bank Relationship Overview app provides a dashboard that displays key information about your bank accounts and bank relationships, such as balances, cash flows, fees, ratings, and contacts. You can filter and drill down the data by various criteria, such as bank country, bank group, account type, or payment direction. Verified Reference: [Bank Relationship Overview App Overview], [Bank Relationship Overview App Configuration Guide]
NEW QUESTION # 36
When defining a liquidity item, what must be specified?
- A. Flow type
- B. Cash flow direction
- C. Certainty level
- D. Planning level
Answer: B
Explanation:
The parameter that must be specified when defining a liquidity item is cash flow direction. A liquidity item is a parameter that represents an account dimension in the liquidity planning model. A liquidity item defines how cash flows are classified and aggregated in the liquidity plan according to various criteria, such as cash flow type, currency, or bank account. The parameter that must be specified when defining a liquidity item is cash flow direction, which defines whether the cash flow is an inflow or an outflow for the liquidity item. Reference: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html
NEW QUESTION # 37
You are implementing Market Risk Analyzer and need to enable specific evaluation type settings via product type.What must you use?
- A. Valuation areas
- B. Valuation procedures
- C. Valuation rules
- D. Valuation classes
Answer: C
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. Reference: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html
NEW QUESTION # 38
Your organization would like to use the review process for bank accounts.In which SAP Fiori app do you initiate this process?
- A. Review Bank Accounts
- B. My Sent Requests - For Bank Accounts
- C. Manage Banks
- D. Manage Bank Accounts
Answer: A
Explanation:
You initiate the review process for bank accounts in the Review Bank Accounts app, where you can select the bank accounts that need to be reviewed and send them to the approvers. The approvers can then use the My Sent Requests - For Bank Accounts app to approve or reject the review requests. Verified Reference: Review Bank Accounts, My Sent Requests - For Bank Accounts
NEW QUESTION # 39
Which elements control account determination for Transaction Manager deals? Note: There are 3 correct answers to this question.
- A. Condition type
- B. Update type
- C. Portfolio
- D. Valuation area
- E. Account assignment reference
Answer: B,D,E
NEW QUESTION # 40
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 S/4HANA Cloud for advanced payment management
- B. SAP digital payments add-on
- C. SAP Cash Application
- D. SAP Multi-Bank Connectivity
Answer: C
Explanation:
You can use SAP Cash Application to improve the clearing automation for incoming payments. SAP Cash Application is a cloud-based service that uses machine learning to match incoming bank statement items with open receivables. It learns from past manual clearing actions and applies intelligent algorithms to propose matches with high accuracy. It also provides explanations for the proposed matches and allows users to confirm or reject them. Reference: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html
NEW QUESTION # 41
Which of the following market data types can you import into the system?Note: There are 3 correct answers to this question.
- A. Discount factors
- B. Credit spreads
- C. Net present values
- D. Forex swap rates
- E. Security prices
Answer: A,D,E
Explanation:
Market data types are used to provide market information for valuing financial transactions and performing market risk analysis. Some of the market data types that can be imported into the system are discount factors, forex swap rates, and security prices. Discount factors are used to calculate present values of cash flows based on interest rates. Forex swap rates are used to calculate forward exchange rates based on spot rates and interest rate differentials. Security prices are used to value securities based on market quotations. Reference: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html
NEW QUESTION # 42
Which of the following describes SAP Multi-Bank Connectivity? (Choose two)
- A. There are minimal additional hardware costs.
- B. There are development, test, and production tenants.
- C. Integration can be established with member banks only.
- D. There is embedded SWIFT network connectivity.
Answer: A,D
Explanation:
The statements that describe SAP Multi-Bank Connectivity are: There is embedded SWIFT network connectivity, which means that SAP Multi-Bank Connectivity uses the SWIFT network to communicate with banks and exchange payment messages and statements. There are minimal additional hardware costs, which means that SAP Multi-Bank Connectivity is a cloud-based service that does not require any additional hardware installation or maintenance. Verified Reference: SAP Multi-Bank Connectivity Overview, [SAP Multi-Bank Connectivity Configuration Guide]
NEW QUESTION # 43
Which cash management attributes are defined in the G/L account master record? Note: There are 2 correct answers to this question.
- A. Planning group
- B. Certainty level
- C. Relevance to cash flow
- D. Planning level
Answer: C,D
NEW QUESTION # 44
You implement SAP Bank Communication Management with payment approval.
After which process step will the payment medium be created?
- A. Payment merge execution
- B. Final payment approval
- C. Reservation for cross-payment run payment media
- D. Payment run
Answer: D
NEW QUESTION # 45
You are configuring Market Risk Analyzer.What do derivation strategies derive?
- A. The product types to be used for financial object integration
- B. The analysis structure characteristic values based on the trade
- C. The key figures to be stored in the results database
- D. The market data to be used when executing a Monte Carlo simulation
Answer: B
Explanation:
Derivation strategies derive the analysis structure characteristic values based on the trade data. The analysis structure defines the characteristics and key figures that are used for market risk analysis. The derivation strategies determine how the characteristic values are derived from the trade data or other sources. Reference: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html
NEW QUESTION # 46
How does SAP support parallel interest conditions?
- A. Interest calculation method
- B. Parallel shifts of yield curves
- C. Multiple condition items
- D. Condition groups
Answer: C
Explanation:
SAP supports parallel interest conditions by using multiple condition items. Parallel interest conditions are interest conditions that use different interest calculation methods or interest rates for the same financial transaction. Multiple condition items are condition items that have the same condition type but different attributes, such as validity period, interest rate, or calculation method. You can use multiple condition items to define parallel interest conditions for a financial transaction. Reference: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html
NEW QUESTION # 47
You are preparing scenarios in Market Risk Analyzer for testing purposes.Which market data can you use to create scenarios?Note: There are 2 correct answers to this question.
- A. Correlations
- B. Default rates
- C. Security prices
- D. Yield curves
Answer: C,D
Explanation:
The market data that you can use to create scenarios in Market Risk Analyzer are security prices and yield curves. 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. A scenario is a set of assumptions about future market conditions that affect the valuation of financial transactions and positions. The market data that you can use to create scenarios in Market Risk Analyzer are security prices, which define the market prices of securities; and yield curves, which define the relationship between interest rates and maturities of debt instruments. Reference: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html
NEW QUESTION # 48
Which of the following is a required configuration step when implementing self-initiated payments (SIP) in the bank account ledger?
- A. Assign bank account to payment methods
- B. Assign account symbol to payment methods
- C. Assign bank subaccount to payment methods
- D. Assign G/L account to cash clearing account
Answer: B
NEW QUESTION # 49
You are configuring Market Risk Analyzer.
What do derivation strategies derive?
- A. The product types to be used for financial object integration
- B. The analysis structure characteristic values based on the trade
- C. The key figures to be stored in the results database
- D. The market data to be used when executing a Monte Carlo simulation
Answer: B
NEW QUESTION # 50
Which of the following are types of hedging area?Note: There are 2 correct answers to this question.
- A. Period-based
- B. Risk-based
- C. Reference-based
- D. Rule-based
Answer: B,C
Explanation:
The types of hedging area are reference-based and risk-based. Reference-based hedging area means that the hedging area is defined by a reference object, such as a company code, a profit center, or a segment. Risk-based hedging area means that the hedging area is defined by a risk category, such as foreign currency risk, interest rate risk, or commodity price risk. Verified Reference: [Hedging Area Overview], [Hedging Area Configuration Guide]
NEW QUESTION # 51
Which of the following are ways to get data to SAP Analytics Cloud?Note: There are 2 correct answers to this question.
- A. Replication
- B. Data Transfer Workbench
- C. Data migration
- D. Live connection
Answer: A,D
Explanation:
Some ways to get data to SAP Analytics Cloud are live connection and replication. Live connection is a method that allows you to connect to a data source without importing any data into SAP Analytics Cloud. You can access and analyze the data in real time without any latency or duplication. Replication is a method that allows you to import data from a data source into SAP Analytics Cloud. You can store and manipulate the data in SAP Analytics Cloud without affecting the original data source. Reference: https://help.sap.com/viewer/00f68c2e08b941f081002fd3691d86a7/release/en-US/3e0c46ebdbbb41e08dbbfdb10d329db0.html
NEW QUESTION # 52
You are working with Market Risk Analyzer
Which methods are available to capture characteristic values in the analysis structure for the trade (financial object)? Note: There are 2 correct answers to this question.
- A. Derivation strategy
- B. Manual input
- C. Intermediate document (IDoc)
- D. Direct interface
Answer: B,D
NEW QUESTION # 53
......
Fully Updated Dumps PDF - Latest C-S4FTR-2023 Exam Questions and Answers: https://testoutce.pass4leader.com/SAP/C-S4FTR-2023-exam.html