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SAP Certified - Positioning SAP Business Suite via SAP Financial Management Solutions Sample Questions:
1. How does SAP Sanctioned Party Screening support compliance? Note: There are 2 correct answers to this question.
A) Provides efficient review workflows
B) Analyzes sales data to identify market trends
C) Manages stock requirements and inventory levels
D) Performs automatic blocking of transactions
2. What are the primary advantages of the Invoice-to-Pay (12P) process within SAP S/4HAANA Finance?
A) It enhances procurement through standalone systems, independent of accounts payable operations.
B) It works across Accounts Payable, Payment Management, and Supplier Management to streamline operations.
C) It automates manual tasks related to accounts receivable and financial reconciliation.
D) It aims to enhance working capital management through managing outgoing invoicing and customer communications.
3. Which component of Management Accounting is used to report on profitability in real-time?
A) Actual Costing
B) Overhead Cost Accounting
C) Product Cost Planning
D) Margin Analysis
4. Which financial process solution area is responsible for managing interfacing with banking institutions?
A) Invoice to Cash
B) Treasury Management
C) Invoice to Pay
D) Financial Planning & Analysis
Solutions:
| Question # 1 Answer: A,D | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: B |
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