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SAP Certified Associate - Positioning SAP Business Suite via SAP Financial Management Solutions Sample Questions:

1. 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) Accounting & Financial Close, Financial Planning & Analysis, Governance, Risk & Compliance, Quote-to-Cash, Treasury & Working Capital.
C) Financial Planning & Analysis, Governance, Risk & Compliance, Integrated Business Planning, Quote- to-Cash, Treasury & Working Capital.
D) Accounting & Financial Close, Financial Planning & Analysis, Governance, Risk & Compliance, Quote-to-Cash, Inventory Management & Stock Control.

2. What are key functions of SAP Financial Closing Cockpit?

A) Automates closing tasks
B) Manages employee benefits
C) Generates HR reports
D) Improves audit compliance

3. What is the primary function of SAP Ariba?

A) To optimize procurement processes
B) To enhance customer relationship management
C) To automate payroll processing
D) To manage financial operations

4. Which of the following SAP solutions are designed to support Implementation of Business Controls and monitoring Compliance?
Note: There are 3 correct answers to this question.

A) SAP Business Integrity Screening
B) SAP Entitlement Management
C) SAP Process Control
D) SAP Global Trade Management
E) SAP S/4HANA Finance for Group Reporting

5. How does the SAP Business suite help Chief Financial Officers (CFOs) to achieve their top objectives?
Note: There are 3 correct answers to this question.

A) By managing uncertainty via real-time planning and scenario analysis.
B) By ensuring an engaged and productive workforce as competition intensifies and expectations evolve.
C) By enabling agile and compliant HR in an increasingly complex legal and regulatory landscape.
D) By navigating transformation by continuously optimizing processes for growth and efficiency.
E) By ensuring compliance and sustainability amid evolving regulations.

Solutions: