SAP C_S4FTR_2021 Exam Practice Test Instant Access

Question 1

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

ANominal amounts are not exchanged.

BInterest based on the nominal currency amount is exchanged.

CNominal amounts are exchanged.

DInterest payment amounts are netted.

Answer : B, C

Question 2

Which process steps are part of exposure management?Note: There are 2 correct answers to this question.

ALink the hedging instrument to the exposure

BPerform an effectiveness test

CCreate the raw exposures

DRelease the raw exposures that could be hedged

Answer : C, D

Question 3

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?

ASAP digital payments add-on

BSAP S/4HANA Cloud for advanced payment management

CSAP Cash Application

DSAP Multi-Bank Connectivity

Answer : C

Question 4

Which of the following must be configured to use Liquidity Planning?Note: There are 2 correct answers to this question.

ASAP Liquidity Planner

BSAP Cloud Connector

CSAP S/4HANA on premise

DSAP Cash Application

Answer : A, C

Question 5

What are the available options when you configure the bank account revision process?Note: There are 3 correct answers to this question.

AActivate sequentially

BActivate via workflow

CActivate via two-factor authorization

DActivate directly

EActivate via dual control

Answer : B, D, E

Question 6

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)?

AFor cash flow hedges, the effective portion of the gain or loss of the HI

BFor cash flow hedges, the non-effective portion of the gain or loss of the HI

CFor fair value hedges, the effective portion of the change in fair value of the HI

DFor fair value hedges, the non-effective portion of the change in fair value of the HI

Answer : B

Question 7

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.

ARebuild flow types in accounting documents

BRebuild planning levels and planning groups in accounting documents

CRebuild value dates in accounting documents

DRebuild liquidity item hierarchies

ERebuild liquidity items in accounting documents

Answer : A, B, E

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