Guide (New 2023) Actual SAP C_S4FTR_2021 Exam Questions [Q18-Q34]

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August 29, 2023

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Guide (New 2023) Actual SAP C_S4FTR_2021 Exam Questions

C_S4FTR_2021 Exam Dumps Pass with Updated 2023 Certified Exam Questions

Earning the SAP C_S4FTR_2021 certification can be beneficial for professionals looking to advance their careers in the field of treasury management. It can demonstrate to employers and clients that the individual has the skills and knowledge necessary to effectively manage treasury processes using SAP S/4HANA. Additionally, the certification can help individuals stand out in a competitive job market and potentially increase their earning potential.

QUESTION 18
Which item is part of the standing instructions for the counterparty role for a business partner?

Trading partner

Business partner type

Partner bank

Business partner relationships

QUESTION 19
You are preparing scenarios in Market Risk Analyzer for testing purposes.Which market data can you use to create scenarios?Note: There are 2 correct answers to this question.

Security prices

Yield curves

Correlations

Default rates

Explanation
The market data that you can use to create scenarios in Market Risk Analyzer are security prices and yield curves. Market Risk Analyzer is a submodule of Financial Risk Management that allows you to perform market risk analysis for financial transactions and positions based on various scenarios and key figures. A scenario is a set of assumptions about future market conditions that affect the valuation of financial transactions and positions. The market data that you can use to create scenarios in Market Risk Analyzer are security prices, which define the market prices of securities; and yield curves, which define the relationship between interest rates and maturities of debt instruments.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/3a3a8f6f7a6e4c2

QUESTION 20
When you execute the Automatic Payment Transactions for Payment Requests app, in which order are the steps executed?

Enter payment parameters Run payment proposal Payment run – accounting entries Payment run – create payment medium

Enter payment parameters Run payment proposal Payment run – create payment mediumPayment run – accounting entries

Run payment proposal Enter payment parameters Payment run – accounting entries Payment run
– create payment medium

Run payment proposal Enter payment parameters Payment run – create payment medium Payment run – accounting entries

Explanation
The Automatic Payment Transactions for Payment Requests app allows you to execute the payment run for payment requests in four steps: enter payment parameters, run payment proposal, payment run – accounting entries, and payment run – create payment medium. You can also monitor the status of each step and view the payment details.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2

QUESTION 21
You are implementing the SAP Hedge Management application for foreign exchange (FX) and hedge accounting functionality. You define a hedging profile that is used for the definition of the hedging area.What parameters are driven by the hedging profile?Note: There are 2 correct answers to this question.

Designation types

Product types for exposure subitems

Effectiveness test method

Hedging relationship scenario

QUESTION 22
Which settings can be configured to generate outgoing correspondence?Note: There are 3 correct answers to this question.

Transaction type

Product type

Activity category

House bank account

Processing category

Explanation
The settings that can be configured to generate outgoing correspondence are transaction type, activity category, and processing category. Outgoing correspondence is a function that allows you to create and send documents to business partners, such as confirmations, advices, or statements. The transaction type defines the type of financial transaction that triggers the correspondence. The activity category defines the business event that triggers the correspondence, such as creation, change, or reversal of a transaction. The processing category defines the processing mode and output channel for the correspondence, such as print, fax, or email.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2

QUESTION 23
You are building a planning model in SAP Analytics Cloud.Which settings do you need to specify for currency conversion?Note: There are 2 correct answers to this question.

Currency unit

Default currency

Parallel currencies

Currency dimension

Explanation
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 anddisplayed 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/f22248cc13f74872

QUESTION 24
Which cash management attributes are defined in the G/L account master record?Note: There are 2 correct answers to this question.

Planning group

Certainty level

Planning level

Relevance to cash flow

Explanation
The cash management attributes that are defined in the G/L account master record are planning level and relevance to cash flow. The planning level defines the granularity of the cash flow forecast and liquidity planning based on the G/L account. The relevance to cash flow defines whether the G/L account is relevant for cash flow analysis or not.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2

QUESTION 25
You are interested in the total number and amount of incoming and outgoing payments at your house bank in the last 60 days.Which SAP Fiori app would you use to monitor this kind of information?

Bank Relationship Overview

Track Bank Transfers

Cash Flow Analyzer

Manage Bank Payments

Explanation
The SAP Fiori app that you would use to monitor the total number and amount of incoming and outgoing payments at your house bank in the last 60 days is Cash Flow Analyzer.Cash Flow Analyzer is a SAP Fiori app that allows you to analyze and report cash flows from various sources, such as Financial Accounting, Management Accounting, or Treasury. You can use Cash Flow Analyzer to monitor the total number and amount of incoming and outgoing payments at your house bank in the last 60 days by using filters, charts, or tables.
References:https://help.sap.com/viewer/product/SAP_S4HANA_FINANCE_FOR_CASH_MANAGEMENT/en

QUESTION 26
Which product types are part of the Money Market submodule?Note: There are 3 correct answers to this question.

Letters of credit

Commercial paper

Current account-style instrument

Cash flow transaction

Subscription rights

QUESTION 27
When defining payment methods, which setting is made at country level?

Payment medium format

Minimum payment amounts

Account determination

Payment ranking order

Explanation
When defining payment methods, the payment ranking order is a setting that is made at country level. The payment ranking order determines the priority of payment methods for clearing open items within a country.
The payment method with the lowest ranking order number has the highest priority and is selected first.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2

QUESTION 28
You are building a planning model in SAP Analytics Cloud.Which settings do you need to specify for currency conversion?Note: There are 2 correct answers to this question.

Currency unit

Default currency

Parallel currencies

Currency dimension

QUESTION 29
You are creating dimensions for a liquidity planning model in SAP Analytics Cloud.Which dimension types can you choose?Note: There are 3 correct answers to this question.

Currency

Partner

Organization

Account

Measure

Explanation
When creating dimensions for a liquidity planning model in SAP Analytics Cloud, you can choose from three dimension types: currency, account, and measure. The currency dimension defines the currency in which the data is stored and displayed. The account dimension defines the accounts that are used for liquidity planning, such as cash accounts, bank accounts, or liquidity items. The measure dimension defines the key figures that are used for liquidity planning, such as opening balance, closing balance, inflow, or outflow.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2

QUESTION 30
Which process steps are part of exposure management?Note: There are 2 correct answers to this question.

Link the hedging instrument to the exposure

Perform an effectiveness test

Create the raw exposures

Release the raw exposures that could be hedged

QUESTION 31
New company codes have been added recently. You want to include the cash flow data for these company codes in One Exposure so the data is reflected in the SAP Cash Management reports.After you activate the Financial Operations source application for each company code, what additional steps must be performed?Note: There are 3 correct answers to this question.

Rebuild flow types in accounting documents

Rebuild planning levels and planning groups in accounting documents

Rebuild value dates in accounting documents

Rebuild liquidity item hierarchies

Rebuild liquidity items in accounting documents

Explanation
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.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f748

QUESTION 32
You implement SAP Bank Communication Management with payment approval.After which process step will the payment medium be created?

Payment run

Final payment approval

Payment merge execution

Reservation for cross-payment run payment media

Explanation
SAP Bank Communication Management with payment approval allows you to create and approve payment batches, merge payments into a single file, and send them to banks via SAP Multi-Bank Connectivity. The payment medium is created after the payment merge execution step, which combines payments from different sources into one file per bank and format.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2

QUESTION 33
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?

SAP digital payments add-on

SAP S/4HANA Cloud for advanced payment management

SAP Cash Application

SAP Multi-Bank Connectivity

Explanation
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.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2

QUESTION 34
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.

Business area

Profit center

Internal order

Fund

WBS element

Explanation
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.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f748

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