C-S4FTR-2021 Free Study Guide! with New Update 82 Exam Questions
Get up-to-date Real Exam Questions for C-S4FTR-2021 UPDATED [2024]
SAP C_S4FTR_2021 exam is an excellent certification for professionals who work with SAP S/4HANA's Treasury module. SAP Certified Application Associate - Treasury with SAP S/4HANA (SAP S/4HANA 2021) certification validates the candidate's expertise in managing financial operations and treasury functions using SAP's cutting-edge technology. C-S4FTR-2021 exam is globally recognized and highly valued by employers in the finance and treasury management industry. Passing the exam requires a comprehensive understanding of SAP's Treasury module, its features, and the ability to configure and customize it to meet specific business requirements.
SAP C_S4FTR_2021 certification exam covers a range of topics, including cash management, liquidity management, risk management, and financial risk management. C-S4FTR-2021 exam questions are designed to test the candidate's ability to configure and customize SAP Treasury and Risk Management solutions, as well as their ability to analyze and solve complex business scenarios.
NEW QUESTION # 13
Which cash management attributes are defined in the G/L account master record?Note: There are 2 correct answers to this question.
- A. Planning group
- B. Planning level
- C. Certainty level
- D. Relevance to cash flow
Answer: B,D
NEW QUESTION # 14
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. Schedule the utilization reports.
- B. Activate the integrated default risk limit check.
- C. Configure the automatic financial object integration.
- D. Define at least one single-transaction-check product.
- E. Enable end-of-day processing of the Credit Risk Analyzer.
Answer: B,C,D
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 financial transactions 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/f22248cc13f74872af15bd2e
NEW QUESTION # 15
Regardless of configuration, by which criterion are payment requests always grouped in the collector of SAP Bank Communication Management?
- A. House bank
- B. Payment approver
- C. Payment currency
- D. Payment medium format
Answer: C
Explanation:
Explanation
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/3a3a8f6f7a6e4c2b8d5b8f1e2
NEW QUESTION # 16
When defining a liquidity item, what must be specified?
- A. Certainty level
- B. Flow type
- C. Planning level
- D. Cash flow direction
Answer: D
NEW QUESTION # 17
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. Transaction type
- B. Forex attributes
- C. Product type
- D. Activity category
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 # 18
Which of the following must be configured to use Liquidity Planning?Note: There are 2 correct answers to this question.
- A. SAP Cloud Connector
- B. SAP S/4HANA on premise
- C. SAP Cash Application
- D. SAP Liquidity Planner
Answer: A,B
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 # 19
What are the key components included in the Hedge Management Cockpit?Note: There are 3 correct answers to this question.
- A. Accounting principles
- B. Hedging scenarios
- C. Hedging instruments
- D. Exposures
- E. Hedge requests
Answer: C,D,E
Explanation:
Explanation
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 components included in the Hedge Management Cockpit are exposures, hedge requests, and hedging instruments. Exposures are the financial transactions or positions that are exposed to market risks and can be hedged using hedging instruments. Hedge requests are the requests to hedge exposures using hedging instruments and create hedging relationships. Hedging instruments are the financial instruments that are used to hedge exposures and reduce market risks. References:
https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2
NEW QUESTION # 20
Which G/L account type must be set when working with the bank reconciliation ledger?
- A. Bank sub account
- B. Balance sheet account
- C. Cash account
- D. Bank reconciliation account
Answer: C
NEW QUESTION # 21
Which of the following market data types can you import into the system?Note: There are 3 correct answers to this question.
- A. Net present values
- B. Security prices
- C. Forex swap rates
- D. Credit spreads
- E. Discount factors
Answer: B,C,E
Explanation:
Explanation
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/3a3a8f6f7a6e4c2b8d5b8f1e2
NEW QUESTION # 22
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.
- A. In-house cash payments
- B. Freeform payments
- C. Payroll payments
- D. Mobile payments
Answer: A,B
Explanation:
Explanation
The types of payments that can be processed with the Automatic Payment Transactions for Payment Requests app are in-house cash payments and freeform payments. The Automatic Payment Transactions for Payment Requests app is a SAP Fiori app that allows you to process payment requests from various sources, such as Treasury, Travel Management, or third-party systems. In-house cash payments are payment requests that are processed by using SAP In-House Cash as an internal payment provider. Freeform payments are payment requests that do not have any reference documents or invoices in SAP S/4HANA. References:
https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f74872af15bd2e
NEW QUESTION # 23
Which item is part of the standing instructions for the counterparty role for a business partner?
- A. Partner bank
- B. Business partner type
- C. Trading partner
- D. Business partner relationships
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 # 24
You want to use the basic cash management capability in SAP S/4HANA.Which functional features are provided with this setup?Note: There are 3 correct answers to this question.
- A. Manage liquidity items
- B. Manage workflows
- C. Payment advice reconciliation
- D. Manage memo records
- E. Monitor cash position
Answer: A,D,E
NEW QUESTION # 25
Which of the following describes SAP Multi-Bank Connectivity?
- A. There is embedded SWIFT network connectivity.
- B. Integration can be established with member banks only.
- C. There are minimal additional hardware costs.
- D. There are development, test, and production tenants.
Answer: C
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 # 26
When defining a liquidity item, what must be specified?
- A. Certainty level
- B. Flow type
- C. Planning level
- D. Cash flow direction
Answer: D
Explanation:
Explanation
The parameter that must be specified when defining a liquidity item is cash flow direction. A liquidity item is a parameter that represents an account dimension in the liquidity planning model. A liquidity item defines how cash flows are classified and aggregated in the liquidity plan according to various criteria, such as cash flow type, currency, or bank account. The parameter that must be specified when defining a liquidity item is cash flow direction, which defines whether the cash flow is an inflow or an outflow for the liquidity item.
References:
https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2
NEW QUESTION # 27
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 liquidity item hierarchies
- B. Rebuild planning levels and planning groups in accounting documents
- C. Rebuild flow types in accounting documents
- D. Rebuild liquidity items in accounting documents
- E. Rebuild value dates in accounting documents
Answer: B,C,D
NEW QUESTION # 28
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 as
- B. Share
- C. Share as
- D. Publish
Answer: A
NEW QUESTION # 29
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. Paying company code
- B. Payment run identification
- C. Payment medium format
- D. Payment method
Answer: D
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 # 30
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. Manual input
- B. Direct interface
- C. Intermediate document (IDoc)
- D. Derivation strategy
Answer: A,B
NEW QUESTION # 31
You are testing cross-currency swaps.Which of the following are some of the characteristics of this product type?Note: There are 2 correct answers to this question.
- A. Nominal amounts are exchanged.
- B. Interest based on the nominal currency amount is exchanged.
- C. Nominal amounts are not exchanged.
- D. Interest payment amounts are netted.
Answer: A,B
Explanation:
Explanation
Cross-currency swaps are financial transactions that involve the exchange of interest payments and principal amounts in different currencies. Some of the characteristics of this product type are: interest based on the nominal currency amount is exchanged and nominal amounts are exchanged. The interest payments can be fixed or variable and are based on the nominal amount of each currency. The nominal amounts are exchanged at the start and end of the swap using agreed exchange rates. References:
https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2
NEW QUESTION # 32
How does SAP support parallel interest conditions?
- A. Interest calculation method
- B. Condition groups
- C. Multiple condition items
- D. Parallel shifts of yield curves
Answer: C
Explanation:
Explanation
SAP supports parallel interest conditions by using multiple condition items. Parallel interest conditions are interest conditions that use different interest calculation methods or interest rates for the same financial transaction. Multiple condition items are condition items that have the same condition type but different attributes, such as validity period, interest rate, or calculation method. You can use multiple condition items to define parallel interest conditions for a financial transaction. References:
https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2
NEW QUESTION # 33
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