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SAP C_S4FTR_2021 exam covers various topics such as financial instruments, risk management, cash and liquidity management, bank account management, and market data management. C-S4FTR-2021 exam consists of 80 multiple-choice questions, and the candidates are given 180 minutes to complete the exam. To pass the exam, a candidate needs to score at least 63%.
C-S4FTR-2021 Exam Certification Details:
| Languages: | English |
| Level: | Associate |
| Sample Questions: | SAP C-S4FTR-2021 Exam Sample Question |
| Cut Score: | 60% |
| Duration: | 180 mins |
NEW QUESTION # 35
You are implementing Credit Risk Analyzer.Which of the following describes counterparty risk?Note: There are 2 correct answers to this question.
- A. It relates to a counterparty not fulfilling their contractual agreements.
- B. It is reportable in Market Risk Analyzer.
- C. It exists only during the settlement period of the trades.
- D. It is subdivided into credit risk and settlement risk.
Answer: A,D
Explanation:
Explanation
Counterparty risk is one of the types of risk that can be analyzed using Credit Risk Analyzer. Counterparty risk describes the risk that a counterparty does not fulfill their contractual agreements, either partially or fully.
Counterparty risk can be subdivided into credit risk and settlement risk. Credit risk is the risk that a counterparty defaults on their obligations before maturity. Settlement risk is the risk that a counterparty defaults on their obligations at maturity. References:
https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2
NEW QUESTION # 36
Which of the following acts as the account dimension in your liquidity planning model?
- A. Bank account
- B. Time
- C. Company code
- D. Liquidity item
Answer: D
NEW QUESTION # 37
What are some factors to consider when creating a house bank for your company code?Note: There are 2 correct answers to this question.
- A. Every account at a house bank is represented by an account ID.
- B. Each company code can have only one house bank.
- C. A bank can only be defined once as a house bank.
- D. The house bank name can be freely defined.
Answer: A,D
Explanation:
Explanation
Some factors to consider when creating a house bank for your company code are the house bank name and the account ID. The house bank name can be freely defined and does not have to match the name of the bank. The account ID is a unique identifier for each account at a house bank and is used for posting and clearing transactions. References:
https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2
NEW QUESTION # 38
You are working with Market Risk Analyzer.Which methods are available to capture characteristic values in the analysis structure for the trade (financial object)?Note: There are 2 correct answers to this question.
- A. Intermediate document (IDoc)
- B. Direct interface
- C. Derivation strategy
- D. Manual input
Answer: C,D
Explanation:
Explanation
The methods that are available to capture characteristic values in the analysis structure for the trade (financial object) are manual input and derivation strategy. A characteristic value is a parameter that defines a specific attribute of a financial transaction or position, such as product type, currency, or maturity date. 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. A trade (financial object) is a parameter that represents a financial transaction or position in Market Risk Analyzer. The methods that are available to capture characteristic values in the analysis structure for the trade (financial object) are manual input, which allows you to enter characteristic values manually when creating or changing a trade; and derivation strategy, which allows you to derive characteristic values automatically from various sources, such as master data, transaction data, or customizing tables. References:
https://help.sap.com/viewer/product/SAP_S4HANA_FINANCE_FOR_TREASURY_AND_RISK_MANAGEM
NEW QUESTION # 39
What are some factors to consider when creating a house bank for your company code?Note: There are 2 correct answers to this question.
- A. Every account at a house bank is represented by an account ID.
- B. Each company code can have only one house bank.
- C. A bank can only be defined once as a house bank.
- D. The house bank name can be freely defined.
Answer: A,D
Explanation:
Explanation
Some factors to consider when creating a house bank for your company code are the house bank name and the account ID. The house bank name can be freely defined and does not have to match the name of the bank. The account ID is a unique identifier for each account at a house bank and is used for posting and clearing transactions.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 40
You implement SAP Bank Communication Management with payment approval.After which process step will the payment medium be created?
- A. Payment merge execution
- B. Final payment approval
- C. Reservation for cross-payment run payment media
- D. Payment run
Answer: A
Explanation:
Explanation
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/3a3a8f6f7a6e4c2
NEW QUESTION # 41
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.
- A. Liabilities (LEQ)
- B. Assets (AST)
- C. Income (INC)
- D. Expense (EXP)
Answer: A,B
Explanation:
Explanation
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/3a3a8f6f7a6e4c2
NEW QUESTION # 42
Which of the following describes SAP Multi-Bank Connectivity?
- A. Integration can be established with member banks only.
- B. There is embedded SWIFT network connectivity.
- C. There are development, test, and production tenants.
- D. There are minimal additional hardware costs.
Answer: D
Explanation:
Explanation
The statement that describes SAP Multi-Bank Connectivity is there are minimal additional hardware costs.
SAP Multi-Bank Connectivity is a cloud-based service that allows you to connect with multiple banks and payment service providers in a secure and standardized way. SAP Multi-Bank Connectivity eliminates the need for additional hardware or software installation for bank communication, which reduces the hardware costs and maintenance efforts.
References:https://help.sap.com/viewer/product/SAP_MULTI-BANK_CONNECTIVITY/en-US
NEW QUESTION # 43
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.
- A. Rebuild flow types in accounting documents
- B. Rebuild value dates in accounting documents
- C. Rebuild liquidity items in accounting documents
- D. Rebuild liquidity item hierarchies
- E. Rebuild planning levels and planning groups in accounting documents
Answer: A,C,E
Explanation:
Explanation
After you activate the Financial Operations source application for each company code, some additional steps that must be performed to include the cash flow data for these company codes in One Exposure are rebuilding flow types, planning levels and planning groups, and liquidity items in accounting documents. One Exposure is a function that provides a consolidated view of cash flows from various sources, such as Financial Accounting, Management Accounting, or Treasury. To include the cash flow data from Financial Operations source application in One Exposure, you need to rebuild flow types, planning levels and planning groups, and liquidity items in accounting documents by using specific programs or transactions. These steps ensure that the cash flow data is correctly classified and displayed in One Exposure. References:
https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f74872af15bd2e
NEW QUESTION # 44
Which of the following key figures are included in the Hedge Management Cockpit?Note: Thereare 3 correct answers to this question.
- A. Hedge quota
- B. Hedging profile
- C. Target quota
- D. Amount to hedge
- E. Designation types
Answer: A,C,D
Explanation:
Explanation
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/3a3a8f6f7a6e4c2
NEW QUESTION # 45
You implement hedge management and hedge accounting.Which of the following describes the hypothetical derivative?
- A. It is the link between the hedged item and hedging instrument.
- B. It is the representation of the hedged item.
- C. It is the representation of the hedging instrument.
- D. It is used to simulate accounting entries for hedging instruments.
Answer: B
Explanation:
Explanation
The hypothetical derivative is a representation of the hedged item that is used to measure the effectiveness of a hedging relationship. It is a hypothetical financial instrument that has terms and conditions that are identical to those of the actual hedging instrument, except for the notional amount and the maturity date.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 46
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.
- A. Account
- B. Organization
- C. Measure
- D. Currency
- E. Partner
Answer: A,B,D
Explanation:
Explanation
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]
NEW QUESTION # 47
Which item is part of the standing instructions for the counterparty role for a business partner?
- A. Partner bank
- B. Business partner relationships
- C. Trading partner
- D. Business partner type
Answer: D
NEW QUESTION # 48
Which of the following is a required configuration step when implementing self-initiated payments (SIP) in the bank account ledger?
- A. Assign bank subaccount to payment methods
- B. Assign account symbol to payment methods
- C. Assign bank account to payment methods
- D. Assign G/L account to cash clearing account
Answer: B
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 # 49
You are using Credit Risk Analyzer.Which type of risk can be tracked?
- A. Interest rate risk
- B. Inflationary risk
- C. Settlement risk
- D. Liquidity risk
Answer: C
NEW QUESTION # 50
Which of the following must be configured to use Liquidity Planning?Note: There are 2 correct answers to this question.
- A. SAP Cash Application
- B. SAP Cloud Connector
- C. SAP Liquidity Planner
- D. SAP S/4HANA on premise
Answer: B,D
Explanation:
Explanation
To use Liquidity Planning, you need to configure two components: SAP Cloud Connector and SAP S/4HANA on premise. SAP Cloud Connector is a software that connects your on-premise system to SAP Analytics Cloud securely and reliably. SAP S/4HANA on premise is the source system that provides the actual and plan data for liquidity planning.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 51
Which item is part of the standing instructions for the counterparty role for a business partner?
- A. Partner bank
- B. Business partner relationships
- C. Business partner type
- D. Trading partner
Answer: A
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/3a3a8f6f7a6e4c2b8d5b8f1e2
NEW QUESTION # 52
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