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What is the primary function of SAP Business Data Cloud?
A. To automate payroll processing
B. To optimize supply chain operations
C. To manage employee benefits
D. To unify data from various sources
Answer: D
NEW QUESTION # 22
What is the role of SAP Financial Closing Cockpit?
A. To generate marketing reports
B. To optimize supply chain operations
C. To manage employee benefits
D. To automate and streamline financial closing processes
Answer: D
NEW QUESTION # 23
Which of the following SAP solutions are designed to support Implementation of 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 Business Integrity Screening
D. SAP S/4HANA Finance for Group Reporting
E. SAP Process Control
Answer: A,C,E
Explanation:
Comprehensive and Detailed 150 to 250 words of Explanation From Positioning SAP Business Suite via SAP Financial Management Solutions documents:
SAP's Governance, Risk, and Compliance (GRC) portfolio provides a comprehensive suite of tools designed to safeguard the organization through automated controls. SAP Process Control is central to this effort, offering a framework for implementing and continuously monitoring internal business controls. It moves organizations away from manual, sample-based audits toward automated, continuous monitoring of processes, ensuring that compliance is maintained in real-time.
SAP Business Integrity Screening complements this by scanning large volumes of transactional data to detect anomalies that might indicate fraud or errors. By identifying these "red flags" early, CFOs can prevent financial loss and protect the organization's reputation. Furthermore, SAP Global Trade Management (within the context of SAP GTS) ensures that all international trade activities comply with complex global regulations, managing everything from sanctioned party screening to license management. Together, these three solutions provide the transparency and oversight necessary for modern risk management. While SAP S
/4HANA Finance for Group Reporting is essential for consolidation, it is a closing tool rather than a monitoring control solution. SAP Entitlement Management focuses on rights management, which is distinct from the core financial business controls described here.
NEW QUESTION # 24
How does SAP Business Suite ensure regulatory compliance?
A. By reducing financial reporting requirements
B. By outsourcing financial processes
C. By increasing manual intervention
D. Through SAP Governance, Risk, and Compliance (GRC)
Answer: D
NEW QUESTION # 25
Which of the following is a key feature of SAP S/4HANA?
A. Batch-based reporting
B. Real-time data processing
C. Limited scalability
D. Manual reconciliation
Answer: B
NEW QUESTION # 26
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