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SAP Certified Application Associate - SAP S/4HANA Cloud public edition - Finance Sample Questions:

1. Which prerequisites need to be fulfilled to reconcile cash flows from intraday bank statements? (Choose two.)

A) Perform the required settings for importing bank statements
B) Set the reconciliation status open in the Cash Flow Analyzer
C) Define the tolerance groups for cash flow reconciliation
D) Activate intraday memo records at the bank account level

2. What does the journal entry type control?

A) Whether a posting posts a debit or credit value
B) The types of accounts allowed to be posted to
C) The transaction currency types allowed to be posted
D) The ledgers updated by the posting values

3. Which key benefit does the machine learning component of the SAP Cash Application provide?

A) Preloaded rule-engines with highly specific process knowledge
B) Rule-based automation using clearly defined processes
C) Finding patterns without explicitly specifying rules
D) Predictable outcome using static rules

4. In what phase of the SAP Activate methodology do you test the business processes?

A) Explore
B) Realize
C) Prepare
D) Deploy

5. Which tool do you use to run the SAP Cloud Integration Automation Service for SAP S/4HANA Cloud?

A) SAP Activate Roadmap
B) SAP Maintenance Planner
C) SAP Solution Manager
D) SAP Best Practices Explorer

Solutions: