SAP C_S4FTR_2023 SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Treasury Exam Practice Test

Answer : B, C, E

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.

Answer : B, C

The monitoring rules for the intraday bank statements are assigned in two SAP Fiori apps: Manage Bank Accounts app and Define Monitoring Rules - Intraday Statements app. The Manage Bank Accounts app is used to assign the monitoring rule to a bank account. The Define Monitoring Rules - Intraday Statements app is used to define the conditions and actions for the monitoring rule.

Answer : A, B, E

To set up the SAP Business Workflow for Bank Account Management, you need to perform three steps: activate a workflow template, define approvers, and define a release strategy. The workflow template defines the process flow and the tasks for approving bank account changes. The approvers are the users who are responsible for reviewing and approving the bank account changes. The release strategy defines the conditions and rules for triggering the workflow and assigning the approvers.

Answer : A, B, E

After you activate the Financial Operations source application for each company code, some additional steps that must be performed to include the cash flow data for these company codes in One Exposure are rebuilding flow types, planning levels and planning groups, and liquidity items in accounting documents. One Exposure is a function that provides a consolidated view of cash flows from various sources, such as Financial Accounting, Management Accounting, or Treasury. To include the cash flow data from Financial Operations source application in One Exposure, you need to rebuild flow types, planning levels and planning groups, and liquidity items in accounting documents by using specific programs or transactions. These steps ensure that the cash flow data is correctly classified and displayed in One Exposure.

Answer : B

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.

Answer : B, C

To use Liquidity Planning, you need to configure two components: SAP Cloud Connector and SAP S/4HANA on premise. SAP Cloud Connector is a software that connects your on-premise system to SAP Analytics Cloud securely and reliably. SAP S/4HANA on premise is the source system that provides the actual and plan data for liquidity planning.

Answer : B

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.