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

1. Which SAP function within International Trade Management is designed to optimize costs by efficiently handling import and export documentation and duties?

A) Customs Management
B) Sanctioned Party Screening
C) Compliance Business Partner Management
D) Trade Preference Management

2. The head of which finance function is most committed to streamlining operations through automation?

A) Accounting and Controlling
B) Audit, Compliance, and Tax
C) Sales/Revenue
D) Treasury and Shared Service Operations

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

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) Using customer data for creating new products and encouraging purchases, supporting renewal, upsell, cross-sell initiatives.
C) Automated payment collection for on-time payments, a unified system for handling receivables, collections, credit, and automating partner revenue- share settlements.
D) Flexibly creating bundled products, services, or subscriptions with varying pricing plans, eg, mobile phone plans

Solutions: