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

1. Which of the following is a key feature of SAP S/4HANA Finance?

A) Real-time analytics
B) Limited integration
C) Batch processing
D) Manual data entry

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

A) Automated payment collection for on-time payments, a unified system for handling receivables, collections, credit, and automating partner revenue-share settlements.
B) Flexibly creating bundled products, services, or subscriptions with varying pricing plans, eg, mobile phone plans.
C) Adherence to accounting rules for correct revenue reverting Including integrations with financial systems for ASC 606.IFRS 15, and tax compliance.
D) Using customer data for creating new products and encouraging purchases, supporting renewal, upsell, cross-seta initiatives.

3. Which financial process solution area is responsible for managing interfacing with banking institutions?

A) Financial Planning & Analysis
B) Invoice to Cash
C) Treasury Management
D) Invoice to Pay

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

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

5. What is one of the key benefits of SAP integrating compliance into real-time operational execution?

A) It separates compliance from daily finance operations.
B) It eliminates the need for manual compliance checks.
C) It focuses on enhancing customer satisfaction.
D) It reduces the need for periodic compliance checks.

Solutions: