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SAP Certified - Positioning SAP Business Suite via SAP Financial Management Solutions Sample Questions:

1. Which of the following SAP solutions are designed to support implementation for Business Controls and monitoring Compliance? Note: There are 3 correct answers to this question.

A) SAP S/4HANA Finance for Group Reporting
B) SAP Process Control
C) SAP Entitlement Management
D) SAP Global Trade Management
E) SAP Business Integrity Screening

2. What are the five key pillars of SAP Financial Management Solutions to support the business needs of CFOS?

A) * Accounting & Financial Close * Financial Planning & Analysis * Governance, Risk & Compliance * Quote-to-Cash * Treasury & Working Capital
B) * Accounting & Financial Close * Field Service Management * Financial Planning & Analysis * Quote-to-Cash * Treasury & Working Capital
C) * Accounting & Financial Close * Financial Planning & Analysis * Governance, Risk & Compliance * Quote-to-Cash * Inventory Management & Stock Control
D) * Financial Planning & Analysis * Governance, Risk & Compliance * Integrated Business Planning * Quote-to-Cash * Treasury & Working Capital

3. Which solution can you integrate with the Global Tax solutions to manage corporate income tax?

A) SAP Document and Reporting Compliance
B) SAP Profitability and Performance Management
C) SAP Watch List Screening
D) SAP Global Trade Services

4. What does the Recognize capability of the Quote-to-Cash process refer to?

A) Adherence to accounting rules for correct revenue reporting, including integrations with financial systems for ASC 6006, IFRS 15, and tax regulation compliance.
B) Flexibly creating bundled products, services, or subscriptions with varying pricing plans, eg, mobile phone plans
C) Using customer data for creating new products and encouraging purchases, supporting renewal, upsell, cross-sell initiatives.
D) Automated payment collection for on-time payments, a unified system for handling receivables, collections, credit, and automating partner revenue- share settlements.

Solutions: