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SAP Certified - Positioning SAP Business Suite via SAP Financial Management Solutions Sample Questions:

1. Which processes does SAP Global Trade Services most closely support? Note: There are 2 correct answers to this question.

A) Sales
B) Purchasing
C) Production
D) Marketing

2. Which financial process solution area is responsible for managing interfacing with banking institutions?

A) Financial Planning & Analysis
B) Invoice to Pay
C) Treasury Management
D) Invoice to Cash

3. Which SAP function within International Trade Management is designed to optimize costs by efficiently handling import and export documentation and duties?

A) Sanctioned Party Screening
B) Trade Preference Management
C) Customs Management
D) Compliance Business Partner Management

4. What does the Recognize capability of the Quote-to-Cash process refer to?

A) Adherence to accounting rules for correct revenue reporting, including integrations with financial systems for ASC 6006, IFRS 15, and tax regulation compliance.
B) Flexibly creating bundled products, services, or subscriptions with varying pricing plans, eg, mobile phone plans
C) Automated payment collection for on-time payments, a unified system for handling receivables, collections, credit, and automating partner revenue- share settlements.
D) Using customer data for creating new products and encouraging purchases, supporting renewal, upsell, cross-sell initiatives.

Solutions: