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SAP Certified Associate - Positioning SAP Business Suite via SAP Financial Management Solutions Sample Questions (Q24-Q29):

NEW QUESTION # 24
What is the primary function of SAP Treasury and Risk Management?

• A. To enhance customer relationship management
• B. To manage employee benefits
• C. To optimize cash flow and manage financial risks
• D. To automate payroll processing

Answer: C

 

NEW QUESTION # 25
How does SAP Business Suite help organizations in their financial management?

• A. By unifying all core business processes and enabling real-time data sharing
• B. By delivering timely reporting and optimizing liquidity
• C. By automating operations and predicting sales trends
• D. By enhancing procurement efficiency and securing IT operations

Answer: A,B

 

NEW QUESTION # 26
Which of the following is a key feature of SAP Business One?

• A. Real-time data processing
• B. Batch-based reporting
• C. Manual reconciliation
• D. Limited scalability

Answer: A

 

NEW QUESTION # 27
Which SAP function within International Trade Management is designed to optimize costs by efficiently handling import and duties?

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

Answer: A

Explanation:
Comprehensive and Detailed 150 to 250 words of Explanation From Positioning SAP Business Suite via SAP Financial Management Solutions documents:
Within the SAP Global Trade Services (GTS) framework, Customs Management is the specific functional area dedicated to the technical and financial aspects of moving goods across borders. While compliance- focused modules ensure you are "allowed" to trade, Customs Management focuses on the "how" and the
"cost." It automates the calculation of duties and taxes based on the Harmonized System (HS) codes and the value of the goods, ensuring that companies pay the correct amount-and not more.
By leveraging Customs Management, organizations can participate in special customs procedures such as bonded warehousing or foreign trade zones (FTZ), which allow for the deferral or reduction of duty payments.
It facilitates direct electronic communication with customs authorities, speeding up the clearance process and reducing the risk of costly storage fees at ports. For the CFO, this represents a significant opportunity for cost optimization and cash flow management. By automating the filing of entry summaries and import declarations, SAP ensures that the organization maintains a high level of accuracy in its financial records related to landed costs, directly impacting the gross margin and overall profitability of international operations.

 

NEW QUESTION # 28
What is the primary function of SAP Business Data Cloud?

• A. To optimize supply chain operations
• B. To unify data from various sources
• C. To manage employee benefits
• D. To automate payroll processing

Answer: B

 

NEW QUESTION # 29
......

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