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SAP Certified - Positioning SAP Business Suite via SAP Financial Management Solutions Sample Questions:
1. Which component of Management Accounting is used to report on profitability in real-time?
A) Overhead Cost Accounting
B) Actual Costing
C) Product Cost Planning
D) Margin Analysis
2. Which key area of Financial Management uses both financial and non-financial data to model effective business scenarios that facilitate steering?
A) Financial Planning & Analysis
B) Quote-to-Cash
C) Governance, Risk, & Compliance
D) Accounting & Financial Close
3. How does SAP Sanctioned Party Screening support compliance? Note: There are 2 correct answers to this question.
A) Manages stock requirements and inventory levels
B) Analyzes sales data to identify market trends
C) Performs automatic blocking of transactions
D) Provides efficient review workflows
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) Using customer data for creating new products and encouraging purchases, supporting renewal, upsell, cross-sell initiatives.
C) Flexibly creating bundled products, services, or subscriptions with varying pricing plans, eg, mobile phone plans
D) Automated payment collection for on-time payments, a unified system for handling receivables, collections, credit, and automating partner revenue- share settlements.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: C,D | Question # 4 Answer: A |


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