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SAP Certified Associate - Positioning SAP Business Suite via SAP Financial Management Solutions Sample Questions (Q18-Q23):

NEW QUESTION # 18
What are some insights that finance provides in SAP Business Suite?

A. Supply chain optimization
B. Cost management
C. Technology ROI
D. Employee performance evaluation

Answer: A,B,D

NEW QUESTION # 19
Which solution can you integrate with the Global Tax solutions to manage corporate income tax?

A. SAP Document and Reporting Compliance
B. SAP Profitability and Performance Management
C. SAP Watch List Screening
D. SAP Global Trade Services

Answer: B

Explanation:
Comprehensive and Detailed 150 to 250 words of Explanation From Positioning SAP Business Suite via SAP Financial Management Solutions documents:
In the SAP Financial Management landscape, managing corporate income tax necessitates the ability to handle complex data modeling and high-volume calculations. SAP Profitability and Performance Management (PaPM) is the primary solution for this requirement. While SAP Document and Reporting Compliance is tailored for electronic invoicing and real-time statutory reporting, PaPM provides the sophisticated calculation engine required for tax provisioning, transfer pricing, and complex tax allocations.
Integrating PaPM with Global Tax solutions allows finance teams to automate the consolidation of tax- relevant data from disparate sources. This ensures that the tax department utilizes the "Single Source of Truth" provided by the SAP S/4HANA Universal Journal. By leveraging PaPM, CFOs can ensure that their corporate income tax calculations are transparent, auditable, and compliant with evolving international standards like Pillar Two. This integration streamlines the end-of-year tax accounting process, moving it from a manual, spreadsheet-heavy task to an automated, defensible workflow that provides a clear view of the effective tax rate (ETR) and its impact on the organization's overall financial health.

NEW QUESTION # 20
What is the primary function of SAP Business Workflow?

A. To automate business processes
B. To optimize supply chain operations
C. To manage employee benefits
D. To enhance customer relationship management

Answer: A

NEW QUESTION # 21
What are the five key pillars of SAP Financial Management Solutions to support the business needs of CFOs?

A. Accounting & Financial Close, Financial Planning & Analysis, Governance, Risk & Compliance, 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, Inventory Management & Stock Control.
D. Accounting & Financial Close, Field Service Management, Financial Planning & Analysis, Quote-to- Cash, Treasury & Working Capital.

Answer: A

Explanation:
Comprehensive and Detailed 150 to 250 words of Explanation From Positioning SAP Business Suite via SAP Financial Management Solutions documents:
SAP structures its Financial Management portfolio around five strategic pillars designed to cover the end-to- end responsibilities of the modern CFO. These pillars include:
* Accounting & Financial Close: Focused on the "Record-to-Report" process, ensuring a fast, accurate, and compliant closing cycle using the Universal Journal.
* Financial Planning & Analysis (FP&A): Enabling continuous planning, budgeting, and forecasting combined with real-time performance analysis.
* Governance, Risk & Compliance (GRC): Protecting the business by embedding automated controls, identity governance, and international trade compliance into operations.
* Quote-to-Cash: Managing the entire lifecycle of a sale, from initial offer to revenue recognition and cash collection, supporting modern subscription-based models.
* Treasury & Working Capital: Optimizing liquidity, managing financial risks, and ensuring efficient bank connectivity and cash flow.
These pillars represent the holistic "Office of the CFO" strategy. Options like Field Service Management (A), Inventory Management (C), or Integrated Business Planning (D) are important operational areas within the broader SAP ERP ecosystem, but they are not categorized as the five core pillars specifically defined for Financial Management Solutions when positioning the suite to finance leadership.

NEW QUESTION # 22
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 # 23
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