C_S4FTR_2021 Practice Exam Questions and Answers

The use cases where a query sequence is required to derive liquidity items are: To derive liquidity items from G/L accounts, which means that the system uses the G/L account number and other criteria to assign a liquidity item to an accounting document. To derive liquidity items from the incoming bank statements, which means that the system uses the bank statement item type and other criteria to assign a liquidity item to a bank statement item. To derive liquidity items from various fields of the accounting document, which means that the system uses the fields such as business partner role, posting key, or document type to assign a liquidity item to an accounting document. Verified References: Query Sequence Overview, [Query Sequence Configuration Guide]

The fields of the input file that are part of the bank cash balance update when you maintain the connectivity path for remote bank accounts are value date and account I

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The single transaction check is executed for a money market trade at two points when using Credit Risk Analyzer: when the trade is saved and when the check icon is clicked. The single transaction check is a function that checks whether a trade exceeds a predefined limit or not. The check is performed when the trade is saved to prevent unauthorized trades from being entered into the system. The check can also be performed manually by clicking the check icon before saving the trade to see the potential limit utilization. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

The types of payments that can be processed with the Automatic Payment Transactions for Payment Requests app are in-house cash payments and freeform payments. The Automatic Payment Transactions for Payment Requests app is a SAP Fiori app that allows you to process payment requests from various sources, such as Treasury, Travel Management, or third-party systems. In-house cash payments are payment requests that are processed by using SAP In-House Cash as an internal payment provider. Freeform payments are payment requests that do not have any reference documents or invoices in SAP S/4HAN

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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. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

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. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

The configuration steps that you must do to activate the single transaction check functionality are configure the automatic financial object integration, activate the integrated default risk limit check, and define at least one single-transaction-check product. The single transaction check functionality is a feature of Credit Risk Analyzer that allows you to check whether a financial transaction exceeds the predefined credit limit for a business partner before posting it. The configuration steps that you must do to activate the single transaction check functionality are configure the automatic financial object integration, which allows you to integrate financial transactions from source applications such as Treasury and Risk Management or Financial Accounting; activate the integrated default risk limit check, which allows you to perform online limit checks for financial transactions based on various criteria, such as rating, country, or industry; and define at least one single-transaction-check product, which defines the characteristics and settings for single transaction checks, such as product type, risk category, or limit type. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f74872af15bd2eca741110.html

The elements that control account determination for Transaction Manager deals are update type, condition type, and account assignment reference. Update type defines the business meaning of a cash flow, such as principal payment, interest payment, or valuation result. Condition type defines the calculation rule for a cash flow, such as fixed rate, variable rate, or exchange rate. Account assignment reference defines the account assignment objects for a cash flow, such as company code, business area, or profit center. Verified References: [Account Determination Overview], [Account Determination Configuration Guide]

The key figures that are included in the Hedge Management Cockpit are hedge quota, target quota, and amount to hedge. The Hedge Management Cockpit is a SAP Fiori app that provides an overview of hedge management activities and allows you to perform various tasks related to hedge accounting. The key figures that are displayed in the Hedge Management Cockpit are hedge quota, which is the ratio of hedged amount to exposure amount; target quota, which is the desired ratio of hedged amount to exposure amount; and amount to hedge, which is the difference between exposure amount and hedged amount. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

The product categories that can activate parallel interest conditions for using the SOFR risk-free rate (RFR) are 040 - Bonds and 550 - Interest Rate Instrument. SOFR is one of the alternative risk-free rates (RFRs) that are replacing LIBOR as a benchmark interest rate for financial transactions. Parallel interest conditions are interest conditions that use different interest calculation methods or interest rates for the same financial transaction. You can activate parallel interest conditions for product categories 040 - Bonds and 550 - Interest Rate Instrument by using parallel shifts of yield curves or lookback interest calculation methods. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

The settings that you need to specify for currency conversion when building a planning model in SAP Analytics Cloud are default currency and currency dimension. Default currency is a setting that defines the currency in which the model data is stored and displayed by default. Currency dimension is a setting that defines the dimension that contains the currency information for each record in the model. You can use these settings to enable currency conversion for your planning model and display the data in different currencies based on exchange rates. References: https://help.sap.com/viewer/00f68c2e08b941f081002fd3691d86a7/release/en-US/f22248cc13f74872af15bd2eca741110.html

The accrual/deferral functionality is a function that allows you to accrue or defer interest or other cash flows for financial transactions. The procedures that are supported when configuring the accrual/deferral functionality are difference and amortization. Difference is a procedure that calculates the difference between the planned and posted cash flows and posts it as an accrual or deferral. Amortization is a procedure that calculates the amortized cost of a financial transaction and posts the difference between the nominal value and the amortized cost as an accrual or deferral. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

The dimension types that you can choose when creating dimensions for a liquidity planning model in SAP Analytics Cloud are: Currency, which defines the currency of the cash flows; Organization, which defines the organizational units that are responsible for the cash flows; Account, which defines the categories of cash inflows and outflows. Verified References: [Liquidity Planning Dimensions Overview], [Liquidity Planning Dimensions Configuration Guide]

When defining a payment method, some of the settings that you can set are allowed origins of payments, document type for payment and clearing, and direction of payment method. A payment method is a code that defines the characteristics and processing rules for payments, such as bank transfer, check, or direct debit. The allowed origins of payments define the sources of payments that can use the payment method, such as invoices, down payments, or payment requests. The document type for payment and clearing define the document types that are used for posting payments and clearing open items when using the payment method. The direction of payment method defines whether the payment method is used for outgoing payments or incoming payments. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f74872af15bd2eca741110.html

The options that you have to group a mass change request when workflows are enabled for Bank Account Management are bank country and company code. Bank Account Management is a function that allows you to create and maintain bank accounts and their attributes in SAP S/4HAN

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Market data types are used to provide market information for valuing financial transactions and performing market risk analysis. Some of the market data types that can be imported into the system are discount factors, forex swap rates, and security prices. Discount factors are used to calculate present values of cash flows based on interest rates. Forex swap rates are used to calculate forward exchange rates based on spot rates and interest rate differentials. Security prices are used to value securities based on market quotations. References: https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html