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SAP Certified Associate - Positioning SAP Business Suite via SAP Financial Management Solutions Sample Questions (Q56-Q61):
NEW QUESTION # 56
Which component of Management Accounting is used to report on profitability in real-time?
- A. Product Cost Planning
- B. Margin Analysis
- C. Overhead Cost Accounting
- D. Actual Costing
Answer: B
Explanation:
Comprehensive and Detailed 150 to 250 words of Explanation From Positioning SAP Business Suite via SAP Financial Management Solutions documents:
In SAP S/4HANA, Margin Analysis (formerly known as Account-based CO-PA) is the primary component of Management Accounting used to report on profitability in real-time. This is made possible by its deep integration with the Universal Journal. Unlike legacy "Costing-based" Profitability Analysis, which stored data in separate tables and often required complex reconciliations with the General Ledger, Margin Analysis uses the same ledger and dimensions as Financial Accounting.
Because every sales transaction-from the moment an item is shipped to when the invoice is posted-is captured in the Universal Journal with full detail (including customer, product, region, and cost of goods sold), the CFO can see real-time profitability without waiting for month-end allocations. Margin Analysis provides a "market-oriented" view of the business, allowing users to drill down into the contribution margins of specific market segments. It also supports advanced features like "predictive accounting," where the system can project future margins based on open sales orders. This provides management with the immediate insights needed to make informed decisions about pricing, product mix, and market strategy, ensuring the business can steer toward the most profitable opportunities as they arise.
NEW QUESTION # 57
Which feature of SAP Business Suite brings transparency to financial issues and unifies data from various sources?
- A. SAP Analytics Cloud compass
- B. SAP Business Data Cloud
- C. SAP Datasphere
- D. Joule
Answer: B
NEW QUESTION # 58
Which of the following is a key feature of SAP Datasphere?
- A. Real-time data unification
- B. Manual data entry
- C. Batch-based reporting
- D. Limited data integration
Answer: A
NEW QUESTION # 59
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 Global Trade Management
- B. SAP Business Integrity Screening
- C. SAP Entitlement Management
- D. SAP S/4HANA Finance for Group Reporting
- E. SAP Process Control
Answer: A,B,E
Explanation:
Comprehensive and Detailed 150 to 250 words of Explanation From Positioning SAP Business Suite via SAP Financial Management Solutions documents:
SAP's Governance, Risk, and Compliance (GRC) portfolio provides a comprehensive suite of tools designed to safeguard the organization through automated controls. SAP Process Control is central to this effort, offering a framework for implementing and continuously monitoring internal business controls. It moves organizations away from manual, sample-based audits toward automated, continuous monitoring of processes, ensuring that compliance is maintained in real-time.
SAP Business Integrity Screening complements this by scanning large volumes of transactional data to detect anomalies that might indicate fraud or errors. By identifying these "red flags" early, CFOs can prevent financial loss and protect the organization's reputation. Furthermore, SAP Global Trade Management (within the context of SAP GTS) ensures that all international trade activities comply with complex global regulations, managing everything from sanctioned party screening to license management. Together, these three solutions provide the transparency and oversight necessary for modern risk management. While SAP S
/4HANA Finance for Group Reporting is essential for consolidation, it is a closing tool rather than a monitoring control solution. SAP Entitlement Management focuses on rights management, which is distinct from the core financial business controls described here.
NEW QUESTION # 60
Which of the following is a key feature of SAP S/4HANA Finance?
- A. Manual data entry
- B. Batch processing
- C. Limited integration
- D. Real-time analytics
Answer: D
NEW QUESTION # 61
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