SAP Practice UPDATED ACTUAL Exam
Questions and CORRECT Answers
You are in the process of replacing LIBOR with one of the risk-free rates (RFRs). What are the
new interest calculation types with the parallel interest conditions? Note: There are 2 correct
answers to this question.
A. Average compound interest calculation
B. Lookback interest calculation
C. Compound interest calculation
D. Floating rate calculation - CORRECT ANSWER - A. Average compound interest
calculation
B. Lookback interest calculation
Which of the following are ways to get data to SAP Analytics Cloud? Note: There are 2 correct
answers to this question.
A. Replication
B. Data migration
C. Data Transfer Workbench
D. Live connection - CORRECT ANSWER - A. Replication
D. Live Connection
Which features are available when you define payment approvals in Bank Account
Management? Note: There are 3 correct answers to this question.
A. A validity period can be assigned to each signatory.
B. Payment approval patterns can be assigned by bank account country.
C. Payment approval limits are specified in the local currency.
D. Signatories can be assigned to different signatory groups.
E. Payment approval limits can be defined for each signatory. - CORRECT ANSWER - A.
A validity period can be assigned to each signatory.
D. Signatories can be assigned to different signatory groups.
,E. Payment approval limits can be defined for each signatory.
For the upload of bank fees, in which ISO 20022 standard format are Bank Service Billing files
defined?
A. CAMT.018
B. CAMT.074
C. CAMT.053
D. CAMT.086 - CORRECT ANSWER - D. CAMT.086
Which elements control account determination for transaction manager deals? Note: There are 3
correct answers to this question.
A. Flow type
B. Account assignment reference
C. Update type
D. Portfolio
E. Valuation area - CORRECT ANSWER - B. Account assignment reference
C. Update type
E. Valuation area
You are preparing scenarios in Market Risk Analyzer for testing purposes. Which market data
can you use to create scenarios? Note: There are 2 correct answers to this question.
A. Default rates
B. Correlations
C. Exchange rates
D. Credit spreads - CORRECT ANSWER - C. Exchange rates
D. Credit spreads
You have customized the system for hedge accounting under IFRS. During period-end activities,
which of the following amounts of the hedging instrument (HI) does the system post to equity
(OCI)?
, A. For cash flow hedges, the effective portion of the gain or loss of the HI
B. For cash flow hedges, the non-effective portion of the gain or loss of the HI C. For fair value
hedges, the non-effective portion of the change in fair value of the HI
D. For fair value hedges, the effective portion of the change in fair value of the HI - CORRECT
ANSWER - B. For cash flow hedges, the non-effective portion of the gain or loss of the HI
You are testing cross-currency swaps. Which of the following are some of the characteristics of
this product type? Note: There are 2 correct answers to this question.
A. Nominal amounts are exchanged.
B. Nominal amounts are not exchanged.
C. Interest based on the nominal currency amount is exchanged.
D. Interest payment amounts are netted. - CORRECT ANSWER - A. Nominal amounts
are exchanged.
C. Interest based on the nominal currency amount is exchanged.
Which of the following key figures are included in the Hedge Management Cockpit? Note: There
are 3 correct answers to this question.
A. Designation types
B. Target quota
C. Hedge quota
D. Hedging profile
E. Net exposure - CORRECT ANSWER - B. Target quota
C. Hedge quota
E. Net exposure
Which organizational units, in addition to the company code, can be displayed in Cash Flow
Analyzer? Note: There are 3 correct answers to this question.
A. Business area
B. Profit center
C. Cost center
Questions and CORRECT Answers
You are in the process of replacing LIBOR with one of the risk-free rates (RFRs). What are the
new interest calculation types with the parallel interest conditions? Note: There are 2 correct
answers to this question.
A. Average compound interest calculation
B. Lookback interest calculation
C. Compound interest calculation
D. Floating rate calculation - CORRECT ANSWER - A. Average compound interest
calculation
B. Lookback interest calculation
Which of the following are ways to get data to SAP Analytics Cloud? Note: There are 2 correct
answers to this question.
A. Replication
B. Data migration
C. Data Transfer Workbench
D. Live connection - CORRECT ANSWER - A. Replication
D. Live Connection
Which features are available when you define payment approvals in Bank Account
Management? Note: There are 3 correct answers to this question.
A. A validity period can be assigned to each signatory.
B. Payment approval patterns can be assigned by bank account country.
C. Payment approval limits are specified in the local currency.
D. Signatories can be assigned to different signatory groups.
E. Payment approval limits can be defined for each signatory. - CORRECT ANSWER - A.
A validity period can be assigned to each signatory.
D. Signatories can be assigned to different signatory groups.
,E. Payment approval limits can be defined for each signatory.
For the upload of bank fees, in which ISO 20022 standard format are Bank Service Billing files
defined?
A. CAMT.018
B. CAMT.074
C. CAMT.053
D. CAMT.086 - CORRECT ANSWER - D. CAMT.086
Which elements control account determination for transaction manager deals? Note: There are 3
correct answers to this question.
A. Flow type
B. Account assignment reference
C. Update type
D. Portfolio
E. Valuation area - CORRECT ANSWER - B. Account assignment reference
C. Update type
E. Valuation area
You are preparing scenarios in Market Risk Analyzer for testing purposes. Which market data
can you use to create scenarios? Note: There are 2 correct answers to this question.
A. Default rates
B. Correlations
C. Exchange rates
D. Credit spreads - CORRECT ANSWER - C. Exchange rates
D. Credit spreads
You have customized the system for hedge accounting under IFRS. During period-end activities,
which of the following amounts of the hedging instrument (HI) does the system post to equity
(OCI)?
, A. For cash flow hedges, the effective portion of the gain or loss of the HI
B. For cash flow hedges, the non-effective portion of the gain or loss of the HI C. For fair value
hedges, the non-effective portion of the change in fair value of the HI
D. For fair value hedges, the effective portion of the change in fair value of the HI - CORRECT
ANSWER - B. For cash flow hedges, the non-effective portion of the gain or loss of the HI
You are testing cross-currency swaps. Which of the following are some of the characteristics of
this product type? Note: There are 2 correct answers to this question.
A. Nominal amounts are exchanged.
B. Nominal amounts are not exchanged.
C. Interest based on the nominal currency amount is exchanged.
D. Interest payment amounts are netted. - CORRECT ANSWER - A. Nominal amounts
are exchanged.
C. Interest based on the nominal currency amount is exchanged.
Which of the following key figures are included in the Hedge Management Cockpit? Note: There
are 3 correct answers to this question.
A. Designation types
B. Target quota
C. Hedge quota
D. Hedging profile
E. Net exposure - CORRECT ANSWER - B. Target quota
C. Hedge quota
E. Net exposure
Which organizational units, in addition to the company code, can be displayed in Cash Flow
Analyzer? Note: There are 3 correct answers to this question.
A. Business area
B. Profit center
C. Cost center
