C_S4FTR_2021 Tested & Approved SAP Certified Application Associate Study Materials
Validate your Skills with Updated SAP Certified Application Associate Exam Questions & Answers and Test Engine
SAP C-S4FTR-2021 certification exam is designed to assess the candidate's knowledge of the latest SAP S/4HANA 2021 release. As such, it tests the candidate's understanding of the latest features, functionality, and industry-specific practices of SAP's Treasury Management solutions. C_S4FTR_2021 exam comprises 80 multiple-choice questions that need to be answered in 180 minutes. The passing score for this certification exam is 65%.
SAP C_S4FTR_2021 exam covers a wide range of topics related to treasury management with SAP S/4HANA. Some of the key areas that are tested in the exam include cash management, liquidity management, risk management, and financial operations.
NEW QUESTION # 24
Which source applications use origin X when defining queries and query sequences?Note: There are 2 correct answers to this question.
- A. General Ledger Accounting (FI-GL)
- B. Contracts Accounts (FI-CA)
- C. Accounts Receivable (FI-AR)
- D. Treasury and Risk Management (TRM)
Answer: A,C
Explanation:
Explanation
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
NEW QUESTION # 25
When defining payment methods, which setting is made at country level?
- A. Payment medium format
- B. Minimum payment amounts
- C. Account determination
- D. Payment ranking order
Answer: D
Explanation:
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
NEW QUESTION # 26
Regardless of configuration, by which criterion are payment requests always grouped in the collector of SAP Bank Communication Management?
- A. House bank
- B. Payment currency
- C. Payment medium format
- D. Payment approver
Answer: D
NEW QUESTION # 27
What does the Manage Banks SAP Fiori app allow you to do?Note: There are 2 correct answers to this question.
- A. Create, edit, and delete bank accounts and house bank accounts.
- B. Associate house banks, contact persons, and business partners with your banks.
- C. Define bank risk partners for the banks.
- D. Navigate to other SAP Fiori apps, such as Manage Bank Statements and Cash Flow Analyzer.
Answer: B,D
Explanation:
Explanation
The functions that the Manage Banks SAP Fiori app allows you to do are navigate to other SAP Fiori apps, such as Manage Bank Statements and Cash Flow Analyzer; and associate house banks, contact persons, and business partners with your banks. Manage Banks is a SAP Fiori app that allows you to create and maintain banks and their attributes in SAP S/4HANA by using a master data approach. The functions that the Manage Banks SAP Fiori app allows you to do are navigate to other SAP Fiori apps, such as Manage Bank Statements and Cash Flow Analyzer, which allow you to perform various cash management tasks related to bank statements and cash flows; and associate house banks, contact persons, and business partners with your banks, which allow you to define the relationships between banks and other entities involved in bank communication and transactions.
References:https://help.sap.com/viewer/product/SAP_S4HANA_FINANCE_FOR_CASH_MANAGEMENT/en
NEW QUESTION # 28
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.
- A. Enable end-of-day processing of the Credit Risk Analyzer.
- B. Schedule the utilization reports.
- C. Activate the integrated default risk limit check.
- D. Define at least one single-transaction-check product.
- E. Configure the automatic financial object integration.
Answer: C,D,E
Explanation:
Explanation
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 financialtransactions 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/f22248cc13f748
NEW QUESTION # 29
In which SAP Fiori app can you maintain the minimum transfer amount for the cash pools?
- A. Manage Cash Pools
- B. Cash Pool Transfer Report
- C. Manage Bank Accounts
- D. Manage Cash Concentration
Answer: D
Explanation:
Explanation
You can maintain the minimum transfer amount for the cash pools in the Manage Cash Concentration SAP Fiori app. The minimum transfer amount is a parameter that definesthe minimum amount that can be transferred between bank accounts within a cash pool. The Manage Cash Concentration app allows you to create and maintain cash pools and their parameters, such as target balance, transfer frequency, and minimum transfer amount.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 30
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?
- A. Sequential approval pattern
- B. Automatic approval pattern
- C. Non-sequential approval pattern
- D. Hierarchical approval pattern
Answer: C
Explanation:
Explanation
The approval sequence that you will implement in Bank Account Management for creating a two-step approval process where all payment approver groups receive the workflow approval request at the same time is non-sequential approval pattern. Bank Account Management is a function that allows you to create and maintain bank accounts and their attributes in SAP S/4HANA. 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.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f748
NEW QUESTION # 31
You are implementing Market Risk Analyzer and need to enable specific evaluation type settings via product type.What must you use?
- A. Valuation procedures
- B. Valuation classes
- C. Valuation rules
- D. Valuation areas
Answer: C
NEW QUESTION # 32
Which item is part of the standing instructions for the counterparty role for a business partner?
- A. Business partner relationships
- B. Business partner type
- C. Partner bank
- D. Trading partner
Answer: C
Explanation:
Explanation
The standing instructions for the counterparty role for a business partner include the partner bank item. The partner bank is the bank account of the counterparty that is used for settlement of financial transactions. The standing instructions define the default values and rules for processing financial transactions with a counterparty.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 33
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.
- A. Default currency
- B. Parallel currencies
- C. Currency dimension
- D. Currency unit
Answer: A,C
Explanation:
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
NEW QUESTION # 34
You are using Credit Risk Analyzer.At what point is the single transaction check executed for a money market trade?Note: There are 2 correct answers to this question.
- A. When the check icon is clicked
- B. When the limit utilization analysis is executed
- C. When settling the trade
- D. When the trade is saved
Answer: A,D
Explanation:
Explanation
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/3a3a8f6f7a6e4c2
NEW QUESTION # 35
What are the key components included in the Hedge Management Cockpit?Note: There are 3 correct answers to this question.
- A. Hedging instruments
- B. Hedge requests
- C. Hedging scenarios
- D. Exposures
- E. Accounting principles
Answer: A,B,D
NEW QUESTION # 36
Your organization would like to use the review process for bank accounts.In which SAP Fiori app do you initiate this process?
- A. Manage Banks
- B. My Sent Requests - For Bank Accounts
- C. Manage Bank Accounts
- D. Review Bank Accounts
Answer: C
Explanation:
Explanation
The Manage Bank Accounts app is used to initiate the review process for bank accounts. You can use this app to create, change, and display bank accounts and their master data. You can also use this app to submit bank accounts for approval or rejection by reviewers.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 37
You are configuring Market Risk Analyzer.What do derivation strategies derive?
- A. The product types to be used for financial object integration
- B. The analysis structure characteristic values based on the trade
- C. The market data to be used when executing a Monte Carlo simulation
- D. The key figures to be stored in the results database
Answer: B
NEW QUESTION # 38
Your current payment outflows meet all netting requirements.Which Transaction Manager flows can you link through netting?Note: There are 3 correct answers to this question.
- A. One money market flow and a bank-to-bank repetitive payment
- B. Two or more money market transaction flows
- C. Two freeform payment requests and one money market flow
- D. Three derivative flows and one security flow
- E. Two foreign exchange flows and one money market flow
Answer: B,C,E
Explanation:
Explanation
The Transaction Manager flows that you can link through netting are two foreign exchange flows and one money market flow, two freeform payment requests and one money market flow, and two or more money market transaction flows. Netting is a function that allows you to offset or combine multiple payment flows between business partners or internal units to reduce the number of payments and optimize cash management.
The Transaction Manager flows that you can link through netting are two foreign exchange flows and one money market flow, which represent a swap transaction; two freeform payment requests and one money market flow, which represent a loan transaction; and two or more money market transaction flows, which represent deposits or loans between different business partners or internal units.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 39
What are the available options when you configure the bank account revision process?Note: There are 3 correct answers to this question.
- A. Activate via workflow
- B. Activate via two-factor authorization
- C. Activate sequentially
- D. Activate via dual control
- E. Activate directly
Answer: A,C,D
Explanation:
Explanation
The bank account revision process can be configured with three options: activate sequentially, activate via workflow, and activate via dual control. These options determine how the bank account changes are approved and activated by the reviewers. The activate sequentially option allows the reviewers to approve the changes in a predefined sequence. The activate via workflow option allows the reviewers to approve the changes in parallel or in a flexible sequence using SAP Business Workflow. The activate via dual control option allows the reviewers to approve the changes in parallel using a two-factor authorization method.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 40
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SAP C-S4FTR-2021 certification exam is an excellent opportunity for individuals who want to demonstrate their expertise in managing Treasury processes using SAP S/4HANA. Passing the exam requires a solid understanding of SAP S/4HANA Treasury and Risk Management, and candidates can prepare by accessing various training resources and taking practice exams. SAP Certified Application Associate - Treasury with SAP S/4HANA (SAP S/4HANA 2021) certification can help individuals advance their careers and organizations identify qualified professionals who can help them implement SAP S/4HANA Treasury and Risk Management.
C_S4FTR_2021 [Aug-2023] Newly Released] C_S4FTR_2021 Exam Questions For You To Pass: https://examboost.latestcram.com/C_S4FTR_2021-exam-cram-questions.html
