Free SAP Certified Professional – SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Exam C_S4FTR_2023 Exam Practice Test

Which financial account types require rate type CLOSING when using currency conversion in a planning model?Note: There are 2 correct answers to this question.

• Assets (AST)
• Expense (EXP)
• Liabilities (LEQ)
• Income (INC)

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

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

Which types of payments can be processed with the Automatic Payment Transactions for Payment Requests app?Note: There are 2 correct answers to this question.Mobile paymentsIn-house cash paymentsPayroll paymentsFreeform payments

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

Which of the following are features of the analysis structure in Market Risk Analyzer? (Choose Two)

• 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.

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?Sequential approval patternNon-sequential approval patternHierarchical approval patternAutomatic approval pattern

• An approval sequence is a setting that defines the order and conditions for approving a bank account change request by using workflows. A non-sequential approval pattern is a type of approval sequence that allows multiple approver groups to approve a change request simultaneously without any dependency.

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

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

Which cash pool type is supported using the Manage Cash Pools SAP Fiori app?

• Notional
• Internal
• Physical
• Centralized