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| Section | Objectives |
|---|---|
| Topic 1: SAP Financial Management Solutions | - Financial Accounting (FI) fundamentals - Controlling (CO) overview - Financial close and reporting |
| Topic 2: SAP Business Suite Overview | - Value proposition for enterprise finance - SAP ERP and Business Suite positioning |
| Topic 3: SAP S/4HANA Finance Positioning | - Key innovations in SAP S/4HANA Finance - Migration and transformation benefits |
| Topic 4: Integration and Business Value | - Integration across enterprise processes - Business outcomes and ROI justification |
1. To which core function of the record to report process is SAP S/4HANA Cloud for group reporting most relevant?
A) Report
B) Record
C) Close
D) Account
2. What does the Recognize capability of the Quote-to-Cash process refer to?
A) Using customer data for creating new products and encouraging purchases, supporting renewal, upsell, cross-sell initiatives.
B) Adherence to accounting rules for correct revenue reporting, including integrations with financial systems for ASC 6006, IFRS 15, and tax regulation compliance.
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.
3. What are the five key pillars of SAP Financial Management Solutions to support the business needs of CFOS?
A) * Accounting & Financial Close * Field Service Management * Financial Planning & Analysis * Quote-to-Cash * Treasury & Working Capital
B) * Financial Planning & Analysis * Governance, Risk & Compliance * Integrated Business Planning * Quote-to-Cash * Treasury & Working Capital
C) * Accounting & Financial Close * Financial Planning & Analysis * Governance, Risk & Compliance * Quote-to-Cash * Treasury & Working Capital
D) * Accounting & Financial Close * Financial Planning & Analysis * Governance, Risk & Compliance * Quote-to-Cash * Inventory Management & Stock Control
4. Which key area of Financial Management has a central focus on funding the business and supporting sustainable growth?
A) Governance, Risk, & Compliance
B) Treasury & Working Capital
C) Financial Planning & Analysis
D) Accounting & Financial Close
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: B |
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