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SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation Sample Questions:

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

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

2. Two partners agree on a financial transaction with a repayment at the end of the contract with no interest payments made during the term. Which financial transaction is used?

A) Deposit at notice
B) Cash flow transaction
C) Bilateral facility
D) Commercial paper

3. Which of the following benefits can be harnessed when using the SAP digital payments add-on? Note:
There are 2 correct Answers to this question.

A) Enhanced credit card number storage
B) Predictable setup and operation costs
C) Future proof payment methods
D) Unlimited number of Payment Service Providers

4. Based on the SAP Activate methodology, which of the following tests are formal, and therefore must be documented during implementation? Note: There are 2 correct Answers to this question.

A) Business process test
B) String test
C) Integration test
D) Unit test

5. Which options are available for the bank account revision in SAP S/4HANA Cloud? Note: There are 2 correct Answers to this question.

A) Activate via machine learning
B) Activate via dual control
C) Activate directly
D) Activate automatically

Solutions: