SAP C_S4FTR_2023 SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Treasury Exam Practice Test

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 ID. A connectivity path is a parameter that defines how data from remote systems or source applications are transferred into SAP S/4HANA for cash management purposes. A remote bank account is a bank account that resides in a non-SAP system or an SAP system other than SAP S/4HANA. A bank cash balance update is a function that allows you to update the cash balance of remote bank accounts based on an input file from external sources. 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, which defines the date on which the cash balance is valid; and account ID, which defines the identification of the remote bank account. References: https://help.sap.com/viewer/product/SAP_S4HANA_FINANCE_FOR_CASH_MANAGEMENT/en-US

You can specify the requirement for automatic settlement on counter confirmation at the level of forex attributes when configuring a new foreign exchange product. Forex attributes are the attributes that define the characteristics and behavior of a foreign exchange product. One of the forex attributes is the settlement type, which determines whether the settlement is manual or automatic and whether it requires counter confirmation or not. References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.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 theirattributes in SAP S/4HANA. A mass change request is a request that allows you to change multiple bank accounts at once by using workflows. You can group a mass change request by bank country or company code to assign different approvers or processors for each group.References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

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 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/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

The functional features that are provided with the basic cash management capability in SAP S/4HANA are manage memo records, monitor cash position, and manage liquidity items. The basic cash management capability in SAP S/4HANA is a function that allows you to perform basic cash management tasks without activating additional components or licenses. The functional features that are provided with the basic cash management capability in SAP S/4HANA are manage memo records, which allow you to enter manual cash flows that are not reflected in accounting documents; monitor cash position, which allow you to view and analyze the cash inflows and outflows for bank accounts; and manage liquidity items, which allow you to classify and aggregate cash flows according to various criteria, such as cash flow type, currency, or bank account.References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f74872af15bd2eca741110.html

The configuration tasks that are used to determine the G/L clearing account for self-initiated payments (SIP) in combination with the bank reconciliation ledger are assign account symbol to payment method and set up bank determination for payment transactions. Self-initiated payments (SIP) are payments that are initiated by users directly in Bank Account Management without reference to an underlying transaction. The bank reconciliation ledger is a function that allows you to reconcile bank statements with accounting documents in SAP S/4HANA by using a subledger approach. The configuration tasks that are used to determine the G/L clearing account for self-initiated payments (SIP) in combination with the bank reconciliation ledger are assign account symbol to payment method, which allows you to link a payment method with an account symbol that represents a G/L account; and set up bank determination for payment transactions, which allows you to define the ranking order and selection criteria for bank accounts and G/L accounts for payment transactions.References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f74872af15bd2eca741110.html

The position is the basis for valuation flows when working with security transactions. The position is the quantity of securities that are held in a portfolio at a given point in time. The valuation flows are the cash flows that are generated by valuing the position based on market data and valuation rules.References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

Some ways to get data to SAP Analytics Cloud are live connection and replication. Live connection is a method that allows you to connect to a data source without importing any data into SAP Analytics Cloud. You can access and analyze the data in real time without any latency or duplication. Replication is a method that allows you to import data from a data source into SAP Analytics Cloud. You can store and manipulate the data in SAP Analytics Cloud without affecting the original data source.References:https://help.sap.com/viewer/00f68c2e08b941f081002fd3691d86a7/release/en-US/3e0c46ebdbbb41e08dbbfdb10d329db0.html

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/f22248cc13f74872af15bd2eca741110.html

The types of hedging area are reference-based and risk-based. Reference-based hedging area means that the hedging area is defined by a reference object, such as a company code, a profit center, or a segment. Risk-based hedging area means that the hedging area is defined by a risk category, such as foreign currency risk, interest rate risk, or commodity price risk.Verified References: [Hedging Area Overview], [Hedging Area 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 financial account types that require rate type CLOSING when using currency conversion in a planning model are assets (AST) and liabilities (LEQ). A financial account type is a parameter that defines the nature of a financial transaction or position in the planning model, such as assets, liabilities, income, or expense. A rate type is a parameter that defines the exchange rate type that is used for currency conversion in the planning model, such as average rate or closing rate. The financial account types that require rate type CLOSING for currency conversion are assets (AST) and liabilities (LEQ), which represent balance sheet items that are converted at the closing rate of the period. References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

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/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

Payment requests are always grouped by payment currency in the collector of SAP Bank Communication Management, regardless of configuration. The payment currency is the currency in which the payment is made to the payee. The collector groups payment requests by payment currency to facilitate the creation of payment batches and payment media.References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

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

The parameters that are driven by the hedging profile when defining a hedging area for SAP Hedge Management application for foreign exchange (FX) and hedge accounting functionality are designation types and effectiveness test method. A hedging profile is a parameter that defines the characteristics and settings for hedge accounting in a hedging area. A hedging area is an organizational unit that groups together financial transactions that are hedged against specific risks. The parameters that are driven by the hedging profile are designation types, which define how hedged items and hedging instruments are designated for hedge accounting; and effectiveness test method, which defines how the effectiveness of hedge relationships is measured and documented.References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f74872af15bd2eca741110.html

The features of the analysis structure in Market Risk Analyzer are the analysis structure is the basis for market and credit risk reporting; the valuation rule is defined on the basis of the analysis structure; and multiple analysis structures can be active in a client at thesame time. An analysis structure is a parameter that defines how financial transactions and positions are analyzed and valued for market risk purposes in Market Risk Analyzer. 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. The features of the analysis structure in Market Risk Analyzer are the analysis structure is the basis for market and credit risk reporting, which means that all market risk reports are generated based on an analysis structure; the valuation rule is defined on the basis of the analysis structure, which means that each analysis structure has its own valuation rule that defines how financial transactions and positions are valued; and multiple analysis structures can be active in a client at the same time, which means that you can create different analysis structures for different purposes or scenarios.References:https://help.sap.com/viewer/product/SAP_S4HANA_FINANCE_FOR_TREASURY_AND_RISK_MANAGEMENT/en-US

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]

The new interest calculation types with the parallel interest conditions that are used to replace LIBOR with one of the risk-free rates (RFRs) are lookback interest calculation and average compound interest calculation. Lookback interest calculation is a method thatuses a fixed number of days as an offset between the interest period and the observation period for the RFRs. Average compound interest calculation is a method that uses a compounded average of the daily RFRs over the observation period to calculate the interest amount.References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

The source applications that use origin X when defining queries and query sequences are General Ledger Accounting (FI-GL) and Accounts Receivable (FI-AR). A query is a parameter that defines how liquidity items are derived from various data sources and fields based on certain conditions. A query sequence is a parameter that defines the order and conditions for deriving liquidity items based on various queries. A liquidity item is a parameter that represents an account dimension in the liquidity planning model. A source application is a system or component that provides cash flow data for liquidity planning purposes. An origin is a parameter that defines the source application from which cash flow data are derived. The source applications that use origin X when defining queries and query sequences are General Ledger Accounting (FI-GL), which provides cash flow data from G/L accounts; and Accounts Receivable (FI-AR), which provides cash flow data from customer invoices.References:https://help.sap.com/viewer/product/SAP_S4HANA_FINANCE_FOR_CASH_MANAGEMENT/en-US

The functions that are performed in Credit Risk Analyzer are online limit check and monitor risk exposure. Credit Risk Analyzer is a submodule of Financial Risk Management that allows you to manage credit risk for financial transactions and business partners. The functions that are performed in Credit Risk Analyzer are online limit check, which allows you to check whether a financial transaction or position exceeds the predefined credit limit for a business partner; and monitor risk exposure, which allows you to analyze and report the credit risk exposure for financial transactions and business partners based on various criteria, such as rating, country, or industry.References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html

The statements that describe SAP Multi-Bank Connectivity are: There is embedded SWIFT network connectivity, which means that SAP Multi-Bank Connectivity uses the SWIFT network to communicate with banks and exchange payment messages and statements. There are minimal additional hardware costs, which means that SAP Multi-Bank Connectivity is a cloud-based service that does not require any additional hardware installation or maintenance. Verified References: SAP Multi-Bank Connectivity Overview, [SAP Multi-Bank Connectivity Configuration Guide]

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/3a3a8f6f7a6e4c2b8d5b8f1e2a2a0d5b.html