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C_BCFIN_2502 Visual Cert Exam - C_BCFIN_2502 Latest Study Questions
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SAP Certified Associate - Positioning SAP Business Suite via SAP Financial Management Solutions Sample Questions (Q24-Q29):NEW QUESTION # 24
Scenario: A retail company wants to accelerate its financial closing process and improve reporting accuracy. The company is currently facing delays due to manual reconciliation, decentralized financial data, and lack of automation in closing tasks.
Which SAP solutions should they implement to improve their financial closing process?
- A. SAP SuccessFactors
- B. SAP Business Workflow
- C. SAP Financial Closing Cockpit
- D. SAP S/4HANA Finance
- E. SAP Asset Management
Answer: B,C,D
NEW QUESTION # 25
How does SAP Business Suite ensure regulatory compliance?
- A. Through SAP Governance, Risk, and Compliance (GRC)
- B. By outsourcing financial processes
- C. By reducing financial reporting requirements
- D. By increasing manual intervention
Answer: A
NEW QUESTION # 26
What is the core function of the SAP Identity Access Governance solution?
- A. Identifying, analyzing and neutralizing cyberattacks.
- B. Performing risk assessments and strategic planning.
- C. Supporting adherence to regulatory requirements.
- D. Managing user authorizations and permissions.
Answer: D
Explanation:
Comprehensive and Detailed 150 to 250 words of Explanation From Positioning SAP Business Suite via SAP Financial Management Solutions documents:
SAP Identity Access Governance (IAG) is a cloud-based service that focuses specifically on the management of user authorizations and permissions across an organization's hybrid landscape. In a modern finance environment, where data privacy and security are paramount, IAG provides a centralized way to control "who can do what" within the SAP system. This is critical for maintaining internal controls and protecting sensitive financial information.
The solution automates the provisioning process and ensures that "Segregation of Duties" (SoD) is strictly maintained. For example, it can prevent a user from having both the permission to create a purchase order and the permission to approve it, which is a fundamental requirement to prevent internal fraud. By automating these checks, IAG reduces the workload on IT and Audit teams while significantly lowering the risk of unauthorized access. While it helps meet regulatory requirements (Option C) and contributes to overall security, its primary operational function is the precise governance of user identities and the enforcement of access policies to ensure that every user has exactly the permissions they need-and no more.
NEW QUESTION # 27
What is the role of SAP Financial Closing Cockpit?
- A. To manage employee benefits
- B. To optimize supply chain operations
- C. To automate and streamline financial closing processes
- D. To generate marketing reports
Answer: C
NEW QUESTION # 28
What is the purpose of SAP Business Data Cloud?
- A. To manage employee benefits
- B. To unify data from various sources
- C. To optimize supply chain operations
- D. To automate payroll processing
Answer: B
NEW QUESTION # 29
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