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

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

• It is used to simulate accounting entries for hedging instruments.
• It is the link between the hedged item and hedging instrument.
• It is the representation of the hedging instrument.
• It is the representation of the hedged item.

When defining a payment method, which of the following can you set?Note: There are 2 correct answers to this question.

• Number of payments
• Allowed origins of payments
• Document type for payment and clearing
• Direction of payment method

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

You have customized the system for hedge accounting under IFRS.During period-end activities, which of the following amounts of the hedging instrument (HI) does the system post to equity (OCI)?

• For cash flow hedges, the effective portion of the gain or loss of the HI
• For cash flow hedges, the non-effective portion of the gain or loss of the HI
• For fair value hedges, the effective portion of the change in fair value of the HI
• For fair value hedges, the non-effective portion of the change in fair value of the HI

You are configuring Credit Risk Analyzer.What must you do to activate the single transaction check functionality?Note: There are 3 correct answers to this question.

• Schedule the utilization reports.
• Configure the automatic financial object integration.
• Activate the integrated default risk limit check.
• Enable end-of-day processing of the Credit Risk Analyzer.
• Define at least one single-transaction-check product.

You are configuring the correspondence settings for a business partner group.Which settings can you select?Note: There are 2 correct answers to this question.

• Counter confirmation required
• Automatic correspondence
• Contract settlement required
• Dual control required

Where are the monitoring rules for the intraday bank statements assigned?Note: There are 2 correct answers to this question.

• Manage Banks app
• Manage Bank Accounts app
• Define Monitoring Rules - Intraday Statements app
• Configuration of Bank Statements

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 medium Payment 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

Which of the following are features of the analysis structure in Market Risk Analyzer?

• The analysis structure is the basis for market and credit risk reporting.
• The valuation rule is defined on the basis of the analysis structure.
• Multiple analysis structures can be active in a client at the same time.
• An analysis structure is defined as master data.

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