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SAP Certified - Positioning SAP Business Suite via SAP Financial Management Solutions Sample Questions:
1. 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 * Inventory Management & Stock Control
B) * Accounting & Financial Close * Field Service Management * Financial Planning & Analysis * Quote-to-Cash * Treasury & Working Capital
C) * Financial Planning & Analysis * Governance, Risk & Compliance * Integrated Business Planning * Quote-to-Cash * Treasury & Working Capital
D) * Accounting & Financial Close * Financial Planning & Analysis * Governance, Risk & Compliance * Quote-to-Cash * Treasury & Working Capital
2. 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
3. What is the core function of the SAP Identity Access Governance solution?
A) Performing risk assessments and strategic planning
B) Managing user authorizations and permissions
C) Supporting adherence to regulatory requirements
D) Identify, analyzing, and neutralizing cyber tacks
4. What are examples of internal barriers to achieving the goals of the finance department? Note:
There are 3 correct answers to this question.
A) Data silos and poor data quality
B) Manual, error-prone processes
C) High cost of capital
D) Constant regulatory shifts
E) Multiple legacy systems
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: A,B,E |






