2023 Valid C-S4FTR-2021 Real Exam Questions, practice SAP Certified Application Associate
Latest Success Metrics For Actual C-S4FTR-2021 Exam (Updated 82 Questions)
SAP C_S4FTR_2021 Certification Exam is a computer-based exam that consists of 80 multiple-choice questions. Candidates have a maximum of 180 minutes to complete the exam, and the passing score is 64%. C-S4FTR-2021 exam is available in English, German, French, Spanish, Portuguese, Russian, and Japanese.
NEW QUESTION # 23
You are working with a private version of your liquidity planning sheet in SAP Analytics Cloud.Which option would you choose to save it with a different category under a new public version?
- A. Publish
- B. Share as
- C. Share
- D. Publish as
Answer: D
Explanation:
Explanation
The option that you would choose to save your private version of your liquidity planning sheet in SAP Analytics Cloud with a different category under a new public version is publish as. A liquidity planning sheet is a function that allows you to create and maintain liquidity plans based on various data sources, such as Financial Accounting, Management Accounting, or Treasury. SAP Analytics Cloud is a cloud-based service that allows you to perform data analysis and visualization for various scenarios and applications. The option that you would choose to save your private version of your liquidity planning sheet in SAP Analytics Cloud with a different category under a new public version is publish as, which allows you to create a new public version of your liquidity planning sheet with a different name and category than your private version.
References:https://help.sap.com/viewer/product/SAP_ANALYTICS_CLOUD/en-US
NEW QUESTION # 24
You are working with security transactions.The position is the basis for which of the following?
- A. Valuation flows
- B. Settlement of the trade
- C. Posting of a trade's purchase cash flows
- D. Correspondence
Answer: A
Explanation:
Explanation
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/3a3a8f6f7a6e4c2b8d5b8f1e2
NEW QUESTION # 25
Your company is using SAP Bank Communication Management.Which parameter determines if payments in the payment run are routed through SAP Bank Communication Management?
- A. Payment medium format
- B. Paying company code
- C. Payment method
- D. Payment run identification
Answer: C
Explanation:
Explanation
The parameter that determines if payments in the payment run are routed through SAP Bank Communication Management is payment method. SAP Bank Communication Management is a function that allows you to monitor and control outgoing payments and bank statements in a centralized way. The payment method is a setting that defines the characteristics and processing rules for payments, such as bank transfer, check, or direct debit. The payment method determines whether the payments in the payment run are routed through SAP Bank Communication Management for approval and status tracking by using the payment medium format or the payment medium workbench.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f748
NEW QUESTION # 26
You are configuring Market Risk Analyzer.What do derivation strategies derive?
- A. The key figures to be stored in the results database
- 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 product types to be used for financial object integration
Answer: B
Explanation:
Explanation
Derivation strategies derive the analysis structure characteristic values based on the trade data. The analysis structure defines the characteristics and key figures that are used for market risk analysis. The derivation strategies determine how the characteristic values are derived from the trade data or other sources. References:
https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2
NEW QUESTION # 27
When defining payment methods, which setting is made at country level?
- A. Payment medium format
- B. Account determination
- C. Payment ranking order
- D. Minimum payment amounts
Answer: C
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/3a3a8f6f7a6e4c2b8d5b8f1e2
NEW QUESTION # 28
You configure a new foreign exchange product and want automatic settlement on counter confirmation.At what level of configuration do you specify this requirement?
- A. Product type
- B. Forex attributes
- C. Activity category
- D. Transaction type
Answer: B
Explanation:
Explanation
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/3a3a8f6f7a6e4c2
NEW QUESTION # 29
When defining a payment method, which of the following can you set?Note: There are 2 correct answers to this question.
- A. Number of payments
- B. Direction of payment method
- C. Allowed origins of payments
- D. Document type for payment and clearing
Answer: B,D
NEW QUESTION # 30
You implement SAP Bank Communication Management with payment approval.After which process step will the payment medium be created?
- A. Payment run
- B. Payment merge execution
- C. Reservation for cross-payment run payment media
- D. Final payment approval
Answer: A
NEW QUESTION # 31
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. Three derivative flows and one security flow
- B. One money market flow and a bank-to-bank repetitive payment
- C. Two foreign exchange flows and one money market flow
- D. Two freeform payment requests and one money market flow
- E. Two or more money market transaction flows
Answer: A,C,E
Explanation:
Explanation
The Transaction Manager flows that can be linked through netting are two foreign exchange flows and one money market flow, three derivative flows and one security flow, and two or more money market transaction flows. Netting is a process that allows you to offset the payment obligations between two or more business partners and reduce the number of payments. Netting can be applied to transactions that have the same payment date, currency, and bank details. Verified References: Netting Overview, Netting Configuration Guide
NEW QUESTION # 32
Which activity categories can you configure to initiate the deal release workflow for a money market transaction?Note: There are 3 correct answers to this question.
- A. Rollover
- B. Contract
- C. Fixing
- D. Underlying
- E. Interest rate adjustment
Answer: A,B,D
Explanation:
Explanation
The activity categories that can be configured to initiate the deal release workflow for a money market transaction are rollover, contract, and underlying. Rollover is used to extend or renew a money market transaction with the same or different terms. Contract is used to create or change a money market transaction.
Underlying is used to create or change an underlying transaction for a money market transaction, such as a loan request or deposit notification. Verified References: [Deal Release Workflow Overview], [Deal Release Workflow Configuration Guide]
NEW QUESTION # 33
When defining a payment method, which of the following can you set?Note: There are 2 correct answers to this question.
- A. Number of payments
- B. Allowed origins of payments
- C. Direction of payment method
- D. Document type for payment and clearing
Answer: B,D
Explanation:
Explanation
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/f22248cc13f74872af15bd2e
NEW QUESTION # 34
Which of the following is a required configuration step when implementing self-initiated payments (SIP) in the bank account ledger?
- A. Assign account symbol to payment methods
- B. Assign G/L account to cash clearing account
- C. Assign bank account to payment methods
- D. Assign bank subaccount to payment methods
Answer: A
Explanation:
Explanation
The required configuration step when implementing self-initiated payments (SIP) in the bank account ledger is assign account symbol to payment methods. Self-initiated payments (SIP) are payments that are initiated by users directly in Bank Account Management without reference to an underlying transaction. The bank account ledger is a function that allows you to manage bank accounts and their attributes in SAP S/4HANA by using a subledger approach. The required configuration step when implementing self-initiated payments (SIP) in the bank account ledger is assign account symbol to payment methods, which allows you to link a payment method with an account symbol that represents a G/L account or a bank subaccount in the bank account ledger.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f748
NEW QUESTION # 35
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 areas
- D. Valuation rules
Answer: D
NEW QUESTION # 36
You are configuring the planned record update strategy for variable interest rate security instruments. This strategy determines the value to be used for displaying the variable interest rate flows that have not yet been adjusted in the cash flow.Which of the following strategies are available?Note: There are 2 correct answers to this question.
- A. Zero update, assign 0
- B. Update with benchmark interest rate
- C. Update with configured interest rate
- D. Update with current interest rate
Answer: A,D
NEW QUESTION # 37
Which elements control account determination for Transaction Manager deals?Note: There are 3 correct answers to this question.
- A. Valuation area
- B. Condition type
- C. Update type
- D. Portfolio
- E. Account assignment reference
Answer: A,C,E
NEW QUESTION # 38
You want to automatically allocate funds from the global headquarters level down to the lower level subsidiaries.How can you perform this task in your planning sheet on SAP Analytics Cloud?
- A. Spreading funds
- B. Allocating funds
- C. Distributing funds
- D. Deriving funds
Answer: B
Explanation:
Explanation
You can perform the task of automatically allocating funds from the global headquarters level down to the lower level subsidiaries in your planning sheet on SAP Analytics Cloud by using the allocating funds function.
Allocating funds is a function that allows you to distribute amounts from a parent node to its child nodes based on predefined rules or ratios. You can use this function to allocate funds across different dimensions, such as company, currency, or account.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 39
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.
- A. Automatic correspondence
- B. Contract settlement required
- C. Dual control required
- D. Counter confirmation required
Answer: A,D
NEW QUESTION # 40
You are in the process of replacing LIBOR with one of the risk-free rates (RFRs).What are the new interest calculation types with the parallel interest conditions?Note: There are 2 correct answers to this question.
- A. Average compound interest calculation
- B. Lookback interest calculation
- C. Floating rate calculation
- D. Compound interest calculation
Answer: A,D
NEW QUESTION # 41
Which of the following must be configured to use Liquidity Planning?Note: There are 2 correct answers to this question.
- A. SAP S/4HANA on premise
- B. SAP Cash Application
- C. SAP Liquidity Planner
- D. SAP Cloud Connector
Answer: A,C
NEW QUESTION # 42
You work with preconverted currency data for liquidity planning in SAP Analytics Cloud.To which category can this data be applied?
- A. Planning
- B. Actuals
- C. Forecast
- D. Budget
Answer: B
NEW QUESTION # 43
You want to automatically allocate funds from the global headquarters level down to the lower level subsidiaries.How can you perform this task in your planning sheet on SAP Analytics Cloud?
- A. Allocating funds
- B. Spreading funds
- C. Distributing funds
- D. Deriving funds
Answer: B
NEW QUESTION # 44
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. Automatic approval pattern
- B. Non-sequential approval pattern
- C. Sequential approval pattern
- D. Hierarchical approval pattern
Answer: B
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 # 45
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