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

Question 1

You are working with a private version of your liquidity planning sheet in SAP Analytics Cloud.Which option would you choose to save it with a different category under a new public version?

A. Share

B. Publish

C. Publish as

D. Share as

Correct Answer: C

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 2

What does the Manage Banks SAP Fiori app allow you to do?Note: There are 2 correct answers to this question.

A. Create, edit, and delete bank accounts and house bank accounts.

B. Associate house banks, contact persons, and business partners with your banks.

C. Navigate to other SAP Fiori apps, such as Manage Bank Statements and Cash Flow Analyzer.

D. Define bank risk partners for the banks.

Correct Answer: B,C

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 3

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

A. Trading partner

B. Business partner type

C. Partner bank

D. Business partner relationships

Correct Answer: C

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 4

When you execute the Automatic Payment Transactions for Payment Requests app, in which order are the steps executed?

A. Enter payment parameters Run payment proposal Payment run - accounting entries Payment run - create payment medium

B. Run payment proposal Enter payment parameters Payment run - create payment medium Payment run - accounting entries

C. Enter payment parameters Run payment proposal Payment run - create payment medium Payment run - accounting entries

D. Run payment proposal Enter payment parameters Payment run - accounting entries Payment run
- create payment medium

Correct Answer: A

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Question 5

You configure a new foreign exchange product and want automatic settlement on counter confirmation. At what level of configuration do you specify this requirement?

A. Forex attributes

B. Transaction type

C. Activity category

D. Product type

Correct Answer: A

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 6

Your customer requires you to create a two-step approval process. All payment approver groups must receive the workflow approval request at the same time.Which approval sequence will you implement in Bank Account Management?

A. Automatic approval pattern

B. Non-sequential approval pattern

C. Hierarchical approval pattern

D. Sequential approval pattern

Correct Answer: B

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 7

When deriving liquidity items, the system first tries to apply the assigned query sequences.In which use cases is a query sequence required to derive liquidity items?Note: There are 3 correct answers to this question.

A. To derive liquidity items from G/L accounts

B. To derive liquidity items from various fields of the accounting document

C. To derive liquidity items from remote systems

D. To derive liquidity items from source applications such as Treasury and Risk Management

E. To derive liquidity items from the incoming bank statements

Correct Answer: A,B,E

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 8

When entering a trade, you can add the differentiation-relevant account assignments.Which of the following are the additional account assignments available for differentiating treasury positions? Note: There are 3 correct answers to this question.

A. Business area

B. Fund

C. WBS element

D. Internal order

E. Profit center

Correct Answer: C,D,E

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

Question 9

Your company is performing FX balance sheet hedging.What data is captured with the Take Snapshot Balance Sheet FX Risk SAP Fiori app?Note: There are 2 correct answers to this question.

A. FX hedges

B. Market data

C. Hedge quotas

D. Balance sheet exposures

Correct Answer: B,D

Explanation: Only visible for TestSimulate members. You can sign-up / login (it's free).

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