SAP C_S4FTR_2023 Exam Questions Instant Access

Question 1

You implement hedge management and hedge accounting.Which of the following describes the hypothetical derivative?

AIt is used to simulate accounting entries for hedging instruments.

BIt is the link between the hedged item and hedging instrument.

CIt is the representation of the hedging instrument.

DIt is the representation of the hedged item.

Answer : D

The hypothetical derivative is a representation of the hedged item that is used to measure the effectiveness of a hedging relationship. It is a hypothetical financial instrument that has terms and conditions that are identical to those of the actual hedging instrument, except for the notional amount and the maturity date.

Question 2

You work with pre converted currency data for liquidity planning in SAP Analytics Cloud.To which category can this data be applied?

AForecast

BBudget

CPlanning

DActuals

Answer : D

You can apply pre converted currency data to the Actuals category for liquidity planning in SAP Analytics Cloud. This category represents the actual cash flows that have occurred in the past. You can use this data to compare with other categories, such as Forecast, Budget, or Planning, which represent the expected or planned cash flows for the future.

Question 3

Your organization would like to use the review process for bank accounts.In which SAP Fiori app do you initiate this process?

AMy Sent Requests - For Bank Accounts

BReview Bank Accounts

CManage Banks

DManage Bank Accounts

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.

Question 4

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

Cross-currency swaps are financial transactions that involve the exchange of interest payments and principal amounts in different currencies. Some of the characteristics of this product type are: interest based on the nominal currency amount is exchanged and nominal amounts are exchanged. The interest payments can be fixed or variable and are based on the nominal amount of each currency. The nominal amounts are exchanged at the start and end of the swap using agreed exchange rates.

Question 5

Which item is part of the standing instructions for the counterparty role for a business partner?

ATrading partner

BBusiness partner type

CPartner bank

DBusiness partner relationships

Answer : C

The standing instructions for the counterparty role for a business partner include the partner bank item. The partner bank is the bank account of the counterparty that is used for settlement of financial transactions. The standing instructions define the default values and rules for processing financial transactions with a counterparty.

Question 6

You are implementing Market Risk Analyzer and need to enable specific evaluation type settings via product type.What must you use?

AValuation rules

BValuation areas

CValuation procedures

DValuation classes

Answer : A

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.

Question 7

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

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.

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