C_S4FTR_2021 Exam Dumps Pass with Updated Jun-2024 Tests Dumps
C_S4FTR_2021 exam questions for practice in 2024 Updated 82 Questions
SAP C-S4FTR-2021 exam is designed for individuals who are looking to validate their knowledge and skills in the field of treasury management with SAP S/4HANA. SAP Certified Application Associate - Treasury with SAP S/4HANA (SAP S/4HANA 2021) certification is intended for application associates who work in the finance and treasury departments of organizations and are responsible for managing cash and liquidity, financial risk, and investments. C_S4FTR_2021 exam tests the candidate's understanding of fundamental concepts, processes, and functionality related to treasury management in SAP S/4HANA.
To prepare for the SAP C-S4FTR-2021 exam, candidates can take advantage of various training resources available from SAP, such as online courses, study guides, and practice exams. It is also recommended that candidates gain practical experience with SAP S/4HANA Treasury and Risk Management functions, either through real-world projects or through hands-on training. Passing the SAP C-S4FTR-2021 exam is a valuable achievement that can enhance an individual's career prospects and demonstrate their expertise in the field of treasury management with SAP S/4HANA.
NEW QUESTION # 42
When deriving liquidity items, the system first tries to apply the assigned query sequences.In which use cases is a query sequence required to derive liquidity items?Note: There are 3 correct answers to this question.
- A. To derive liquidity items from remote systems
- B. To derive liquidity items from the incoming bank statements
- C. To derive liquidity items from various fields of the accounting document
- D. To derive liquidity items from G/L accounts
- E. To derive liquidity items from source applications such as Treasury and Risk Management
Answer: B,C,D
Explanation:
Explanation
The use cases where a query sequence is required to derive liquidity items are: To derive liquidity items from G/L accounts, which means that the system uses the G/L account number and other criteria to assign a liquidity item to an accounting document. To derive liquidity items from the incoming bank statements, which means that the system uses the bank statement item type and other criteria to assign a liquidity item to a bank statement item. To derive liquidity items from various fields of the accounting document, which means that the system uses the fields such as business partner role, posting key, or document type to assign a liquidity item to an accounting document. Verified References: Query Sequence Overview, [Query Sequence Configuration Guide]
NEW QUESTION # 43
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 memo records
- B. Payment advice reconciliation
- C. Manage liquidity items
- D. Manage workflows
- E. Monitor cash position
Answer: A,C,E
Explanation:
Explanation
The functional features that are provided with the basic cash management capability in SAP S/4HANA are manage memo records, monitor cash position, and manage liquidity items. The basic cash management capability in SAP S/4HANA is a function that allows you to perform basic cash management tasks without activating additional components or licenses. The functional features that are provided with the basic cash managementcapability in SAP S/4HANA are manage memo records, which allow you to enter manual cash flows that are not reflected in accounting documents; monitor cash position, which allow you to view and analyze the cash inflows and outflows for bank accounts; and manage liquidity items, which allow you to classify and aggregate cash flows according to various criteria, such as cash flow type, currency, or bank account.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020_002/en-US/f22248cc13f748
NEW QUESTION # 44
When defining a liquidity item, what must be specified?
- A. Certainty level
- B. Cash flow direction
- C. Planning level
- D. Flow type
Answer: B
NEW QUESTION # 45
Which of the following are ways to get data to SAP Analytics Cloud?Note: There are 2 correct answers to this question.
- A. Data migration
- B. Replication
- C. Live connection
- D. Data Transfer Workbench
Answer: B,C
Explanation:
Explanation
Some ways to get data to SAP Analytics Cloud are live connection and replication. Live connection is a method that allows you to connect to a data source without importing any data into SAP Analytics Cloud. You can access and analyze the data in real time without any latency or duplication. Replication is a method that allows you to import data from a data source into SAP Analytics Cloud. You can store and manipulate the data in SAP Analytics Cloud without affecting the original data source. References:
https://help.sap.com/viewer/00f68c2e08b941f081002fd3691d86a7/release/en-US/3e0c46ebdbbb41e08dbbfdb10d
NEW QUESTION # 46
You work with pre converted currency data for liquidity planning in SAP Analytics Cloud.To which category can this data be applied?
- A. Actuals
- B. Budget
- C. Planning
- D. Forecast
Answer: A
Explanation:
Explanation
You can apply pre converted currency data to the Actuals category for liquidity planning in SAP Analytics Cloud. This category represents the actual cash flows that have occurred in the past. You can use this data to compare with other categories, such as Forecast, Budget, or Planning, which represent the expected or planned cash flows for the future. Verified References: Liquidity Planning in SAP Analytics Cloud, Pre Converted Currency Data
NEW QUESTION # 47
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 subaccount to payment methods
- D. Assign bank account to payment methods
Answer: A
NEW QUESTION # 48
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. Payroll payments
- B. Mobile payments
- C. In-house cash payments
- D. Freeform payments
Answer: A,B
NEW QUESTION # 49
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. Two foreign exchange flows and one money market flow
- B. Three derivative flows and one security flow
- C. One money market flow and a bank-to-bank repetitive payment
- D. Two freeform payment requests and one money market flow
- E. Two or more money market transaction flows
Answer: A,D,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 # 50
You are preparing a handbook for testers on the SAP Hedge Management application for foreign exchange (FX).When must you take a snapshot?
- A. After you capture raw exposure data Before you conclude the hedging contract
- B. After the decision on a hedging instrument is final Before you process the hedging instrument
- C. After you create the hedging area Before you release the raw exposure
- D. After you determine the hedging requirements Before the decision on a hedging instrument is final
Answer: A
Explanation:
Explanation
You must take a snapshot after you capture raw exposure data and before you conclude the hedging contract when using SAP Hedge Management application for foreign exchange (FX). A snapshot is a function that captures the market data and valuation parameters at a specific point in time for hedge accounting purposes.
You need to take a snapshot after capturing raw exposure data to determine the hedging requirements and before concluding the hedging contract to ensure that both the hedged item and the hedging instrument are valued consistently.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 51
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/3a3a8f6f7a6e4c2b8d5b8f1e2
NEW QUESTION # 52
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. Underlying
- B. Rollover
- C. Interest rate adjustment
- D. Fixing
- E. Contract
Answer: B,C,E
NEW QUESTION # 53
When you execute the Automatic Payment Transactions for Payment Requests app, in which order are the steps executed?
- A. Enter payment parameters Run payment proposal Payment run - accounting entries Payment run - create payment medium
- B. Run payment proposal Enter payment parameters Payment run - accounting entries Payment run
- create payment medium - C. Run payment proposal Enter payment parameters Payment run - create payment medium Payment run - accounting entries
- D. Enter payment parameters Run payment proposal Payment run - create payment mediumPayment run - accounting entries
Answer: A
Explanation:
Explanation
The Automatic Payment Transactions for Payment Requests app allows you to execute the payment run for payment requests in four steps: enter payment parameters, run payment proposal, payment run - accounting entries, and payment run - create payment medium. You can also monitor the status of each step and view the payment details.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 54
What are some factors to consider when using flow types in SAP Cash Management?Note: There are 2 correct answers to this question.
- A. They represent the source of the cash flow.
- B. They allow classification of customers and vendors in the cash forecast.
- C. They distinguish forecasted cash flows from confirmed cash flows.
- D. The flow types from 20 to 80 are forecasted cash flows.
Answer: C,D
Explanation:
Explanation
Some factors to consider when using flow types in SAP Cash Management are the range of flow types and their function of distinguishing forecasted cash flows from confirmed cash flows. Flow types are codes that classify cash flows according to their source and direction. The flow types from 20 to 80 are forecasted cash flows that are derived from open items or planned transactions. They distinguish forecasted cash flows from confirmed cash flows that are derived from posted documents or bank statements and have flow types from 01 to 19.
References:https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2
NEW QUESTION # 55
When defining a payment method, which of the following can you set?Note: There are 2 correct answers to this question.
- A. Allowed origins of payments
- B. Document type for payment and clearing
- C. Number of payments
- D. Direction of payment method
Answer: A,B
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 paymentmethod. 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/f22248cc13f748
NEW QUESTION # 56
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. Share
- B. Share as
- C. Publish
- 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 # 57
What does the Manage Banks SAP Fiori app allow you to do?Note: There are 2 correct answers to this question.
- A. Navigate to other SAP Fiori apps, such as Manage Bank Statements and Cash Flow Analyzer.
- B. Associate house banks, contact persons, and business partners with your banks.
- C. Define bank risk partners for the banks.
- D. Create, edit, and delete bank accounts and house bank accounts.
Answer: A,B
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 # 58
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. Counter confirmation required
- B. Automatic correspondence
- C. Contract settlement required
- D. Dual control required
Answer: A,B
NEW QUESTION # 59
Where are the monitoring rules for the intraday bank statements assigned?Note: There are 2 correct answers to this question.
- A. Configuration of Bank Statements
- B. Define Monitoring Rules - Intraday Statements app
- C. Manage Bank Accounts app
- D. Manage Banks app
Answer: B,C
Explanation:
Explanation
The monitoring rules for the intraday bank statements are assigned in two SAP Fiori apps: Manage Bank Accounts app and Define Monitoring Rules - Intraday Statements app. The Manage Bank Accounts app is used to assign the monitoring rule to a bank account. The Define Monitoring Rules - Intraday Statements app is used to define the conditions and actions for the monitoring rule. References:
https://help.sap.com/viewer/0fa84c9d9c634132b7c4abb9ffdd8f06/2020.002/en-US/3a3a8f6f7a6e4c2b8d5b8f1e2
NEW QUESTION # 60
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SAP C-S4FTR-2021 exam is intended for individuals who have a minimum of two years of experience in SAP Treasury and Risk Management or SAP S/4HANA Finance. Candidates for C_S4FTR_2021 exam should also have a good understanding of the SAP S/4HANA system and its treasury functions. It is recommended that candidates complete the SAP S/4HANA Finance and SAP Treasury and Risk Management training courses before attempting the exam.
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