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SAP Certified Associate - Positioning SAP Business Suite via SAP Financial Management Solutions Sample Questions (Q21-Q26):NEW QUESTION # 21
Which SAP solution is used for managing fixed assets?
- A. SAP Business One
- B. SAP Asset Management
- C. SAP Ariba
- D. SAP SuccessFactors
Answer: B
NEW QUESTION # 22
What are the five key pillars of SAP Financial Management Solutions to support the business needs of CFOs?
- A. Financial Planning & Analysis, Governance, Risk & Compliance, Integrated Business Planning, 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. Accounting & Financial Close, Financial Planning & Analysis, Governance, Risk & Compliance, Quote-to-Cash, Treasury & Working Capital.
Answer: D
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 # 23
How does SAP Business Suite ensure regulatory compliance?
- A. Through SAP Governance, Risk, and Compliance (GRC)
- B. By reducing financial reporting requirements
- C. By increasing manual intervention
- D. By outsourcing financial processes
Answer: A
NEW QUESTION # 24
Which feature of SAP Business Suite brings transparency to financial issues and unifies data from various sources?
- A. SAP Datasphere
- B. SAP Business Data Cloud
- C. Joule
- D. SAP Analytics Cloud Compass
Answer: A
NEW QUESTION # 25
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 Financial Closing Cockpit
- B. SAP Asset Management
- C. SAP S/4HANA Finance
- D. SAP Business Workflow
- E. SAP SuccessFactors
Answer: A,C,D
NEW QUESTION # 26
......
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