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SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation Sample Questions:

1. Which prerequisites need to be fulfilled to reconcile cash flows from intraday bank statements? Note:
There are 2 correct Answers to this question.

A) Define the tolerance groups for cash flow reconciliation
B) Set the reconciliation status open in the Cash Flow Analyzer
C) Activate intraday memo records at the bank account level
D) Perform the required settings for importing bank statements

2. Your customer wants to simplify the process of outgoing payment management. Which offering do you recommend?

A) SAP Multi-Bank Connectivity
B) SAP Cash Application
C) SAP RealSpend
D) SAP Bank Analyzer

3. How are analytics capabilities built into SAP S/4HANA Cloud?

A) They are extended by the user to a dedicated SAP Fiori frontend server
B) They are installed as an add-on to the application
C) They are embedded in the same technical stack as the application
D) They are installed on a dedicated SAP Fiori frontend server

4. Which key benefit does the machine learning component of the SAP Cash Application provide?

A) Rule-based automation using clearly defined processes
B) Predictable outcome using static rules
C) Finding patterns without explicitly specifying rules
D) Preloaded rule-engines with highly specific process knowledge

5. How can you post accruals in SAP S/4HANA Cloud? Note: There are 2 correct Answers to this question.

A) Use Intelligent GR/IR Reconciliation
B) Post them as manual journal entries
C) Use Commitments by Cost Center
D) Transfer Purchase Orders into the Accrual Engine

Solutions: