SAP Certified Application Associate - Transactional Banking in SAP for Banking 8.0 (C_FSTBAN_80) Free Practice Test

Question 1

Which of these are loan specific features of an account holder change (3 answers are correct)

A. deactivate a payoff quote for the old account holder

B. change the payment advice of the loan installment

C. change in assignment of collateral

D. correction of the address of the current account holder

E. transfer open items from the old to new contract account in FI-CA

Correct Answer: A,B,E

Question 2

What function does a payment directive perform? (Select one answer)

A. Define a specific use for a particular incoming payment

B. Define a payment rule that automatically creates a payment distribution rule for a payment matching the selection criteria

C. Create a one sided turnover for an incoming payment

D. Define a threshold for overpayments on an account

Correct Answer: B

Question 3

A company wants to perform Effective Cash Pooling to ensure that all bank accounts in the subsidiary bank accounts are left with 1000 EUR at the end of each sweep. What function would be used to achieve this (Select one answer)

A. Trigger balance function

B. Target balance function

C. Auto-balance function

D. Zero balance function

Correct Answer: B

Question 4

Where overpayments are received for a loan, what is it possible to configure with payment distribution rules (2 answers are correct)

A. Reverse income

B. Prepay against future instalments

C. Automatic write off

D. Curtail the loan

E. Transfer to another account

Correct Answer: B,D

Question 5

Which statement is true about penalty interest

A. Is always applied on closure of an account

B. Calculated at the time of a withdrawal and posted as an information item

C. It cannot exceed the credit interest in the current period

D. It is limited to 90 days in the calculation

Correct Answer: B

Question 6

What PLM actions can create a charge (Select one answer)

A. Lock PLM document

B. Close PLM document

C. Schedule PLM document

D. Activate PLM document

Correct Answer: D

Question 7

What can be changed in Financial condition set up (3 answers are correct)

A. Condition

B. Condition types

C. Condition categories

D. Condition group categories

E. Condition group types

Correct Answer: A,B,E

Question 8

What status must a product version be in to be able to create an account (Select one answer)

A. latest version

B. active and valid

C. parked/new

D. flagged for activation

Correct Answer: B

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SAP Certified Application Associate - Transactional Banking in SAP for Banking 8.0 (C_FSTBAN_80) Free Practice Test