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[General] Testking SAP C-BCFIN-2502 Exam Questions | Valid C-BCFIN-2502 Test Pdf

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【General】 Testking SAP C-BCFIN-2502 Exam Questions | Valid C-BCFIN-2502 Test Pdf

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SAP Certified Associate - Positioning SAP Business Suite via SAP Financial Management Solutions Sample Questions (Q12-Q17):NEW QUESTION # 12
What is the primary function of SAP Ariba?
  • A. To enhance customer relationship management
  • B. To automate payroll processing
  • C. To manage financial operations
  • D. To optimize procurement processes
Answer: D

NEW QUESTION # 13
What is the primary function of SAP Asset Management?
  • A. To enhance customer relationship management
  • B. To automate payroll processing
  • C. To manage employee benefits
  • D. To optimize fixed asset management
Answer: D

NEW QUESTION # 14
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 Asset Management
  • B. SAP Financial Closing Cockpit
  • C. SAP Business Workflow
  • D. SAP SuccessFactors
  • E. SAP S/4HANA Finance
Answer: B,C,E

NEW QUESTION # 15
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, Treasury & Working Capital.
  • B. Accounting & Financial Close, Field Service Management, Financial Planning & Analysis, Quote-to- Cash, Treasury & Working Capital.
  • C. Accounting & Financial Close, Financial Planning & Analysis, Governance, Risk & Compliance, Quote-to-Cash, Inventory Management & Stock Control.
  • D. Financial Planning & Analysis, Governance, Risk & Compliance, Integrated Business Planning, Quote- to-Cash, Treasury & Working Capital.
Answer: A
Explanation:
Comprehensive and Detailed 150 to 250 words of Explanation From Positioning SAP Business Suite via SAP Financial Management Solutions documents:
SAP structures its Financial Management portfolio around five strategic pillars designed to cover the end-to- end responsibilities of the modern CFO. These pillars include:
* Accounting & Financial Close: Focused on the "Record-to-Report" process, ensuring a fast, accurate, and compliant closing cycle using the Universal Journal.
* Financial Planning & Analysis (FP&A): Enabling continuous planning, budgeting, and forecasting combined with real-time performance analysis.
* Governance, Risk & Compliance (GRC): Protecting the business by embedding automated controls, identity governance, and international trade compliance into operations.
* Quote-to-Cash: Managing the entire lifecycle of a sale, from initial offer to revenue recognition and cash collection, supporting modern subscription-based models.
* Treasury & Working Capital: Optimizing liquidity, managing financial risks, and ensuring efficient bank connectivity and cash flow.
These pillars represent the holistic "Office of the CFO" strategy. Options like Field Service Management (A), Inventory Management (C), or Integrated Business Planning (D) are important operational areas within the broader SAP ERP ecosystem, but they are not categorized as the five core pillars specifically defined for Financial Management Solutions when positioning the suite to finance leadership.

NEW QUESTION # 16
To which core function of the record to report process is SAP S/4HANA Cloud for group reporting most relevant?
  • A. Account
  • B. Report
  • C. Record
  • D. Close
Answer: D
Explanation:
Comprehensive and Detailed 150 to 250 words of Explanation From Positioning SAP Business Suite via SAP Financial Management Solutions documents:
The Record-to-Report (R2R) process encompasses everything from capturing a business transaction to the final disclosure of financial results. Within this cycle, SAP S/4HANA Cloud for group reporting is specifically designed to address the Close function, specifically the corporate consolidation phase. In large organizations with multiple legal entities, the "closing" process involves not just local entity closes, but also the aggregation of data, intercompany eliminations, and currency translations required for group-level reporting.
SAP S/4HANA Cloud for group reporting is uniquely positioned because it is integrated directly into the SAP S/4HANA core. This allows for "continuous accounting" where local data is available for consolidation without the traditional, time-consuming Extract-Transform-Load (ETL) processes required by legacy consolidation tools. By focusing on the Close phase, it ensures that the consolidated financial statements are produced quickly and accurately, meeting the stringent deadlines of regulatory bodies. It bridges the gap between local accounting (the "Record" and "Account" phases) and the final dissemination of results (the
"Report" phase), making it the engine that powers the complex financial close of a multi-entity enterprise.

NEW QUESTION # 17
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