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Certificacao AXX

Question 1 of 199

1

1-Which of the following is a valid method for assignments between bank keys and payment transaction areas?
1

Select one of the following:

  • Each payment transaction area must be assigned to a bank key

  • Multiple payment transaction areas can be assigned to a bank key

  • Multiple bank keys can be assigned to the same payment transaction area

  • Each bank key must be assigned to a different payment transaction area

Explanation

Question 2 of 199

1

2-A customer would like his or her monthly bank statement to be sent to his or her home adress. He or she would also like his or her tax advisor to receive the account statement on a quarterly basis. What do you need to define in the master account data to achieve this? 1

Select one or more of the following:

  • Define one binding bank statement agreement with monthly periodicity and one non-binding bank statement agreement with quarterly

  • periodicity. Assign the tax advisor to a correspondence recipient group and then assign the group to the non-binding bank statement agmt.

  • Define one binding bank statement agreement with monthly and quarterly periodicity. Assing the tax advisor to a correspondence recipient

  • Define two additional bank statement agreements, one with monthly periodicity and on with quarterly periodicity. Assign the tax advisor in

  • Define one binding bank statement agreement with monthly periodicity and one additional bank statement agreement with quarterly

Explanation

Question 3 of 199

1

3-You can create and maintain payment counterparties for each account holder. The payment counterparty describes the receiver of payments, collections or transfers. The copunterparty is based on a unique payment advice category that determines the required information for the counterparty. Which of the following categories are available for payment advice? 3

Select one or more of the following:

  • Lockbox information

  • Alias name

  • Name and postal address

  • Bank account information

  • e-mail adress

Explanation

Question 4 of 199

1

4-Which of the following options are available for configuring the external account identification? 2

Select one or more of the following:

  • Bank country + bank key + account number + currency

  • (Bank country + account number) or IBAN

  • Account GUID

  • (Bank country + bank key + account number) or IBAN

  • Bank country + account number

Explanation

Question 5 of 199

1

5-When creating a BP which BP categories are available? 3

Select one or more of the following:

  • Customer

  • Group

  • Organization

  • Company

  • Person

Explanation

Question 6 of 199

1

6-Which of the following account types are internal accounts on banking services from SAP? 3

Select one or more of the following:

  • Customer accounts

  • Foreign exchange position accounts

  • Reference accounts

  • Profit and Loss (PandL) accounts

  • Suspense accounts (CpD)

Explanation

Question 7 of 199

1

7-When can the system generate an event-controlled bank statement?
2

Select one or more of the following:

  • When a standing order cannot be executed

  • When an account product change order is executed

  • When a check is not honored

  • When a payment order cannot be executed within a specified number of days

Explanation

Question 8 of 199

1

8-You want to use the currency conversion function for banking services from SAP. What do you need to configure?
3

Select one or more of the following:

  • Create foreign exchange position accounts and define derivation rules for them

  • Define transaction type groups for currency exchange and assign them to the appropiate transaction type and prenote types

  • Define transaction type groups for currency exchange and assign them to the appropiate posting control rules

  • Define derivation rules for currency exchange spreads

  • Define derivation rules for exchange rate types

Explanation

Question 9 of 199

1

9-A customer has a savings account at bank A. According to the customer instructions bank A should transfer the credit interest calculated for this account to the customer's current account at bank Which contract feature enables this function? 2

Select one or more of the following:

  • Settlement payment details

  • Transfer advice

  • Payment advice

  • Posting advice

  • Payment details (esta función es reemplazada en la v7 por Payment advice)

Explanation

Question 10 of 199

1

10-What is the purpose of a payment transaction area? 1

Select one or more of the following:

  • To define a geographical area for payments

  • To collect and pool transactions

  • To define the currency conversion rules

  • To define the internal bank payment transaction structure

Explanation

Question 11 of 199

1

11-Which of the following objects comprises the total commitment? 1

Select one or more of the following:

  • Product configurator

  • Master contract

  • Account

  • BP

Explanation

Question 12 of 199

1

12-Which objects are controlled by the bank posting area?
3

Select one or more of the following:

  • Posting date for start-of-day processing

  • Posting control group

  • Posting date for end-of-day processing

  • Posting date for payment transactions

  • Posting calendar

Explanation

Question 13 of 199

1

13-Wich of the following features are available for a savings scheme product?
3

Select one or more of the following:

  • Multiple plan payment agreements

  • Inactivity phase at the end of the plan payment agreement

  • Bonus interest calculation

  • Special payment at the end of the plan payment agreement

  • Availability of funds can be limited by the notice period and notice rules

Explanation

Question 14 of 199

1

14-How is the credit interest rate for time deposits calculated?
3

Select one or more of the following:

  • The credit interest rate for time deposits can depend on the duration of the rate lock period

  • The credit interest rate for time deposits is fixed at the start of term

  • The credit interest rate for time deposits can depend on the capital amount and the duration of the deposit term

  • The credit interest rate for time deposits can be based on the reference interest rate

  • The credit interest rate for time deposits is fixed when the account is opened

Explanation

Question 15 of 199

1

15-Which statement applies to the calculation and posting of the interest penalty results?
1

Select one or more of the following:

  • In the account closure process, the interest penalty amount cannot be limited by the revenue (credit interest) from the current period

  • The interest penalty is calculated immediately at the time of withdrawal, and posted as an info item

  • In the account closure process, the interest penalty is posted as an info item during the final settlement

  • The interest penalty amount cannot exceed the revenue (credit interest) from the current period

Explanation

Question 16 of 199

1

16-A bank wants to offer the following time deposit product. The customer receives a special interest rate if the timeframe between the account opening date and initial time deposit is less than 3 days. Which product attributes have to be activated to fulfill this requirement? 2

Select one or more of the following:

  • Grace period

  • Term duration

  • Latest start of term

  • Rate lock period

Explanation

Question 17 of 199

1

17-What is used as temporary identification for a card until the final card number is received from the card processor? 1

Select one or more of the following:

  • Internal card number and suffix

  • Linked account number and prefix

  • Linked account number and suffix

  • Internal card number and prefix

Explanation

Question 18 of 199

1

18-How are the limits for a card pool with two cards handled? 2

Select one or more of the following:

  • The limit of the card pool is handled by a facility master contract

  • There is a single card pool limit shared by both participant cards

  • There is an individual limit for each card defined at card pool level

  • Each participant card can have its own limit, but the limit of the card pool determines the total limit amount for both participant cards

  • The individual limits must be deactivated for both participant cards

Explanation

Question 19 of 199

1

19-When can a grace period take effect in a time deposit? 1

Select one or more of the following:

  • Between the rate lock period and a fixing phase

  • At the beginning of a fixing phase after the latest start of term

  • At the beginning of a fixing phase after renewal

  • Between the current fixing phase and the fixing phase after renewal

Explanation

Question 20 of 199

1

20-Which of the following are valid interest usages in a time deposit account? 2

Select one or more of the following:

  • Reserving interest within the term

  • Capitalizing interest within the term

  • Reserving interest for the grace period at the end of term

  • Capitalizing interest at the end of term

Explanation

Question 21 of 199

1

21-A savings scheme account includes a plan payment agreement. Which of the following actions can be executed by the system at the end of the plan payment agreement? 3

Select one or more of the following:

  • Automatic product change

  • Repayment of a savings scheme without account closure

  • Renewal of a plan payment agreement

  • Repayment of a savings scheme and account closure

  • Automatic account lock

Explanation

Question 22 of 199

1

22-A monthly administration charge is set up as a standard condition for all accounts of a certain product. For a specific customer, you do not levy this charge for a period of 3 months due to goodwill reasons. How do you implement this requirment? 2

Select one or more of the following:

  • Create an automatic waiver condition

  • Delete the standard condition for the administration charge from the condition group

  • Create an individual condition with the condition form "Zero Condition"

  • Deactivate settlement for this account for the 3 month period

Explanation

Question 23 of 199

1

25-To which objects can you assign standard financial conditions?
3

Select one or more of the following:

  • Product

  • Billing

  • Account

  • BP

  • Settlement

Explanation

Question 24 of 199

1

26-Which action relating to financial conditions can be allowed in an account?
1

Select one or more of the following:

  • Copy a standard condition into an individual condition

  • Create a standard condition

  • Assign a condition to a condition group

  • Create a new condition group

Explanation

Question 25 of 199

1

27-You can use reference interest rates when creating interest conditions. Which of the following features are available in the interest condition?
3

Select one or more of the following:

  • Absolute markup/markdown

  • Minimum interest rate and a maximum interest rate

  • Maximum markup/markdown

  • Relative markup/markdown

  • Average interest rate

Explanation

Question 26 of 199

1

28-For a current account product a charge settlement is executed on a monthly basis while an interest settlement is executed quarterly. Which of the following settings allows you to achieve this?
1

Select one or more of the following:

  • Extended settlement

  • Settlement on extraordinary date

  • Combined settlement

  • Individual settlement

Explanation

Question 27 of 199

1

29-A customer authorizes the bank to create a direct debt for loan receivables. To ensure that the transaction is processed on time, the bank needs to create the file for the direct 3 days prior to the due date of the receivable. How do you fulfill the requirement?

Select one or more of the following:

  • Set the settlement date for the loan account 3 days prior to the installment due date

  • Set 3 lead days for billing

  • Set the payment tolerance days for the loan account to 3 days

  • Set the due date of the payment condition for installments 3 days prior to the actual due date

Explanation

Question 28 of 199

1

30-What can you do with a Payment Directive? 1

Select one or more of the following:

  • Post an event charge to the loan account

  • Define a threshold for overpayments that are posted automatically to the loan account

  • Define the automatic payment distribution rule set for a specific account that matches the conditions of the payment directive

  • Define a specific use for an incoming payment that matches the conditions of the payment directive

Explanation

Question 29 of 199

1

31-You have selected the PPP for a loan product. Which of the following statements describe the impact of this principle on the cash flow calculation?
2

Select one or more of the following:

  • The cash flow of an account based on the IPP is the same as that of an account based on the PPP, providing all expected payments are made

  • Nominal interest is charged on overdue capital repayments on time and with the exact amount

  • Late payments change the interest calculation capital on the value date of the incoming payment

  • Interest on arrears may be changed on overdue capital repayments

Explanation

Question 30 of 199

1

32-The next cash flow installment has to be processed. The installment is paid by direct debit. Which sequence of processing steps do you use? 1

Select one or more of the following:

  • Execute the standing order - run invoicing - create the payment file for direct debits in the open item management system and transfer file to

  • Create the payment file for direct debits in the open item management system and transfer file to the PTS - Run billing - Run invoicing - Post

  • Run billing - run invoicing - create the payment file for direct debits in the open item management system and transfer file to the PTS

  • receive the payment from the PTS and post the incoming payment to a clearing account - run payment distribution

  • Distribute the account master data - Run billing - Run invoicing - create the payment file for direct debits in the open item management syst

Explanation

Question 31 of 199

1

33-The cash flow of a loan account is based on payment conditions and price conditions. For wich of the following requirements do you need to set up a payment condition? 2

Select one or more of the following:

  • You want to define a payoff charge of EUR 20 for every executed payoff

  • You want to set up a nominal interest condition of 6%

  • You want to specify an automatic waiver for an account maintenance charge

  • You want to specify the installment due date as the first of the month instead of the end of the month, as defined in the standard conditions

  • You want to limit the charges requested from the customer to EUR 50 per month

Explanation

Question 32 of 199

1

34-Which functions are supported by Payment Advice Management? 2

Select one or more of the following:

  • Create a payment file for direct debit and send it to a Payment Transaction System (PTS)

  • Send correspondence to the customer to request collection authorization for direct debit

  • Specify that the customer transfers the installment independently

  • Define the recipient account for a loan disbursement

Explanation

Question 33 of 199

1

35-What can you achieve by applying the business operation Payment Plan Change?
2

Select one or more of the following:

  • Change the payment advice data

  • Change the nominal interest rate

  • Change the installment amount

  • Change the end of term of the loan account

Explanation

Question 34 of 199

1

36-Which relationship exists between loan accounts, clearing accounts and contract accounts?
3

Select one or more of the following:

  • For each contract account there is a clearing account in open item management

  • Each loan account is assigned to just one clearing account

  • Incoming payments are received on the clearing account and transferred to the loan account

  • For each clearing account there is a contract account in open item management

  • Incoming payments are received on the loan account and transferred to the clearing account

Explanation

Question 35 of 199

1

37-Which cash flow items can be capitalized by using the corresponding business operation? 2

Select one or more of the following:

  • Future items (not yet billed)

  • Incoming payments

  • Requested (billed) but unpaid items

  • Paid items

Explanation

Question 36 of 199

1

38-Which of the following features are available to loan accounts but not to deposit accounts?
3

Select one or more of the following:

  • Disbursement order

  • Settlement

  • Billing

  • Cash Flow calculation

  • Account holder change order

Explanation

Question 37 of 199

1

39-Which loan-specific features are provided by the business operation Account Holder Change?
3

Select one or more of the following:

  • Deactivate a payoff quote given to the old account holder

  • Change the collateral assignment for an account

  • Transfer open items from the old contract account to the new contract account

  • Change the payment advice details of the loan installment

  • Change the correspondence address of the current account holder

Explanation

Question 38 of 199

1

40-Which of the following changes can you make with the business operation Manual Renewal?
2

Select one or more of the following:

  • You can create a new condition fixing agreement

  • You can change the frequency of the current inpayment agreement

  • You can disburse additional funds to the customer

  • You can extend the agreement term

  • You can change the nominal interest rate of the current condition fixing agreement

Explanation

Question 39 of 199

1

41-You discuss requirements for automatic processing of incoming payments with your SAP customer. Which of the following options are available for overpayments as part of the payment distribution rule set in SAP Loans Management?
3

Select one or more of the following:

  • Curtailment

  • Reversal of incoming payments

  • Prepayment

  • Automatic write-off

  • Transfer to another account

Explanation

Question 40 of 199

1

42-Which of the following business processes sets the status of a cash flow item to REQUESTED? 1

Select one or more of the following:

  • Billing

  • Invoicing

  • Payment distribution

  • Settlement

Explanation

Question 41 of 199

1

43-You have activated a disbursement order. Which periodic reports do you have to execute to complete the process?
2

Select one or more of the following:

  • Run Execute Forward Order to create a payment order for future disbursements

  • Run Execute Payment Distribution to transfer the withholding amount of a disbursement from the clearing account to the loan account

  • Run Execute Due Disbursements to create a payment order for the disbursement amount and the withholding amount

  • Run Billing to transfer the disbursement amount to the customer's current account

Explanation

Question 42 of 199

1

44- A customer queries the amount of the most recent installment payment on a loan that was debited from his current account. Which system function gives you sufficient details to explain how the intallment payment comprising of interest, charges and repayment was calculated? 1

Select one or more of the following:

  • Display cash flow

  • Simulate settlement

  • Display payment agreement and corresponding payment conditions

  • Display billing items

Explanation

Question 43 of 199

1

45-A customer who has multiple current accounts wants to concentrate the funds in the high yield account (main account) at the end of the day in wich the interest accrues. However, on the next day, the current accounts should be provided with the liquidity needed for daily business. Wich effective cash pooling (ECP) technique can be used to implement this scenario?
1

Select one or more of the following:

  • Target balancing

  • Trigger balancing

  • Automated balance transfer

  • Zero balancing

Explanation

Question 44 of 199

1

46-What is the purpose of a combined statement? 1

Select one or more of the following:

  • A comb stmnt can replace multiple single bank statements and contain information about the turnovers and balances of several accounts

  • A combined statement represents a snapshot statement in addition to the regular bank statement

  • A combined statement enables master contract charges and refunds to be calculated for bundle pricing

  • A combined statement enables charge and interest compensation to be calculated

Explanation

Question 45 of 199

1

47-Which high-level features are availale for effective cash pooling? 1

Select one or more of the following:

  • Multi-entity, multi-system, multi-user, multi-enterprise

  • Multi-currency, multi-system, multi-entity, multi-user

  • Multi-time zone, multi-system, multi-level, multi-currency

  • Multi-time zone, multi-enterprise, multi-level, multi-currency

Explanation

Question 46 of 199

1

48-Which key figures and account master data can the system evaluate when calculating discounts in bundle pricing?
3

Select one or more of the following:

  • Value of transactions

  • Volume of transactions

  • Interest rates

  • Account product

Explanation

Question 47 of 199

1

49-Which of the following statements describe possible scenarios for defining the limits of a multi-level facility master contract?
2

Select one or more of the following:

  • The global limit is the sum of nominal utilization and effective utilization

  • You must define a limit at hierarchy level. The accounts then use the global limits

  • You can define a limit at the highest hierarchy level and all participant accounts can use this global limit

  • The global limit is the sum of the commited limit and the tolerated limit

Explanation

Question 48 of 199

1

50-How is charge and interest compensation executed?
1

Select one or more of the following:

  • By virtual transfer of outstanding balances

  • By virtual offsetting of credit and debit balances

  • By physical transfer of funds between accounts

  • By physical cash sweeping to or from the master account

Explanation

Question 49 of 199

1

51-A bank wants to offer an effective cash pooling product that only allows USD subaccounts to participate. How can you achieve this in the product settings? 1

Select one or more of the following:

  • Define a currency restriction for the effective cash pooling contract

  • Activate the check for the same currency in the master contract and participant accounts

  • Define a currency restriction for the participant accounts

  • Define a currency restriction for the master contract product

Explanation

Question 50 of 199

1

52-What restrictions can you define for a master contract product in the Product Configurator?
3

Select one or more of the following:

  • Set the average number of participant accounts and master contracts

  • Allow or restrict multi.level hierarchy

  • Define the maximum number of participant master contracts

  • Require the same holder for the master contract and all participant accounts

  • Define the maximum number of participant accounts

Explanation

Question 51 of 199

1

53-Which account attributes are always carried over when executing an account product change?
2

Select one or more of the following:

  • Limits

  • Account identification data

  • Account holder

  • Settlement condition group

Explanation

Question 52 of 199

1

54-What can you do with an account holder change order? 1

Select one or more of the following:

  • Add an additional BP to the account

  • Assign missing roles to the new account holder

  • Replace the account holder with a new one from a different BP category

  • Assign a new alias to the current account holder

Explanation

Question 53 of 199

1

55-You implement the dual control principle for product X. A product change performed by user A has to be approved by user B. Where in the system is user B notified of the product change performed by user A? 1

Select one or more of the following:

  • Account Change Order

  • Posting Control Office

  • Business Workplace

  • Business Workflow

Explanation

Question 54 of 199

1

56-Which business functions can you perform using order management? 3

Select one or more of the following:

  • Account creation

  • Card replacement

  • Account product change

  • Notice on amount

  • Account holder change

Explanation

Question 55 of 199

1

57-Which objects are changed as a result of an account product change?
2

Select one or more of the following:

  • The attributes of the source account according to the attributes of the target product

  • The attributes of the target product according to the defined transfer procedure

  • The attributes of the current product version

  • The attributes of the source account according to the attributes of a new version of the same product

Explanation

Question 56 of 199

1

58-A posting control office (PCO) order has been created because a posting error ocurred with a payment item. Wich of the following options are available in PCO? 3

Select one or more of the following:

  • Resubmit

  • Lock Post

  • Return

  • Transfer Post

  • Create Prenote

Explanation

Question 57 of 199

1

59-Which of the following objects can you assign to a prenote type in Customizing? 1

Select one or more of the following:

  • Order

  • Account

  • Turnover class

  • Limit

Explanation

Question 58 of 199

1

60-A customer wants to transfer EUR 100 from a current account to a savings account automatically on a monthly basis. Which type of order can the customer use for this type of transfer? 1

Select one or more of the following:

  • Standing order

  • Payment order

  • Forward order

  • Direct debir order

Explanation

Question 59 of 199

1

61-Due to an error during posting of a recipient item, the item is automatically redirected to posting control. Which status is assigned to the recipient payment item? 1

Select one or more of the following:

  • Not posted

  • In Postprocessing

  • Redirected

  • In Release

Explanation

Question 60 of 199

1

62-A bank creates a new current account product for premium customers. The bank wants to assign the manual error handling for this product to a limited number of bank clerks. What do you have to do in the system to enable this restriction? 1

Select one or more of the following:

  • Create an authorization group for the bank clerks and assign it to the new product

  • Create a worklist for the new product and assign the bank clerks to the worklist

  • Create a new role and assign the role to the bank clerks

  • Create a new exception list and assign the bank clerks to the exception list

Explanation

Question 61 of 199

1

63-Which combinatoin of item types is allowed for a payment order? 1

Select one or more of the following:

  • One ordering party item and one routing item

  • One ordering party item and multiple recipient items

  • One ordering party item and one info item

  • One ordering party item and multiple turnover items

Explanation

Question 62 of 199

1

64-An incoming payment fails and is sent to the Post Processing Office because the recipient account is closed. Which of the following posting control rules is applied? 2

Select one or more of the following:

  • Reject

  • Reallocate

  • Postprocessing

  • Redirect

Explanation

Question 63 of 199

1

65-When is a payment item sent to the Posting Control Office for processing? 1

Select one or more of the following:

  • When an error occurs while posting the payment item

  • When the final response of the rule that matches the payment item attributes is set to Manual Processing

  • When the final response of the rule that matches the payment item attributes is set to Postprocessing

  • When more than one rule matches the payment item attributes in the Posting Control Office

Explanation

Question 64 of 199

1

66-Which action do you have to carry out to post charges related to an existing Posting Lock Management (PLM) document? 1

Select one or more of the following:

  • Create PLM document

  • Schedule PLM document

  • Activate PLM document

  • Lock PLM document

Explanation

Question 65 of 199

1

67-A bank is informed about the death of a customer. In accordance with legal requirements the bank is obliged to lock the customer's assets for a certain period of time. Which object locks do you need to set this scenario? 3

Select one or more of the following:

  • Lock all accounts for the BP

  • Lock the BP

  • Lock all existing standing orders for the BP

  • Lock all cards for the BP

  • Lock all existing payment orders for the BP

Explanation

Question 66 of 199

1

68-A customer has just informed the bank about a debit card loss. The bank creates a PLM doc for this card. What must be locked in this scenario? 1

Select one or more of the following:

  • The following features of the lost card: card replacement, PIN replacement, card renewal

  • The lost card

  • The lost card and all debit postings for the linked account

  • The lost card and the account linked to the card

Explanation

Question 67 of 199

1

69-Which configuration object do you need to set up to create a PLM document? 1

Select one or more of the following:

  • Posting type

  • Event type

  • Event category

  • Lock type

Explanation

Question 68 of 199

1

70-Given a specific product with multiple prod versions, which prod version do you require in order to create an account at a specific contract start date? 1

Select one or more of the following:

  • An active and valid version

  • Any active version

  • The latest version

  • A version flagged for activation

Explanation

Question 69 of 199

1

71-When you create a product which of the following attribute categories are available? 2

Select one or more of the following:

  • Item

  • Features

  • Table

  • Matrix

  • Limits

Explanation

Question 70 of 199

1

72-A product should only allow transactions over the phone if this has been specifically requested by the customer. How should the matrix for transaction type groups/media be defined in Customizing? 1

Select one or more of the following:

  • Set the traffic light for the telephone to green and the padlock to closed

  • Set the traffic light for the telephone to green and the padlock to open

  • Set the traffic light for the telephone to red and the padlock to closed

  • Set the traffic light for the telephone to red and the padlock to open

Explanation

Question 71 of 199

1

73-You make changes to a non-active version of a product. In which version can you save the changes?
1

Select one or more of the following:

  • In the latest version

  • In the same version or in a new version

  • In the same version only

  • In the new version only

Explanation

Question 72 of 199

1

74-You implement Banking Services from SAP using a service-oriented arcchitecture (SOA) approach. BS from SAP deploys modeling and design in three interactive dimensions. Which ones?
1

Select one or more of the following:

  • Front-end Processes, Back-end Processes, Integration

  • Service Definition, Service Development, Integration

  • Configuration, Implementation, Testing

  • Business Process, Architecture, Service Definition

Explanation

Question 73 of 199

1

75-Banking Serv is a process platform with serv-oriented arch. What does this mean for the integration of BS with other back-end and front-end comp? 2

Select one or more of the following:

  • Services from the Enterprise Service Repository (ESR) are used to offer inbound functions to other components (ESR está en PI)

  • All ingoing and outgoing interfaces to and from banking services must be implemented as a service

  • Services from the Enterprise Service Repository (ESR) are used to consume outbound functions from other components (ESR está en PI)

  • In banking services from SAP all remote-enabled BAPIs are replaced by services from the Enterprise Service Repository (ESR)

Explanation

Question 74 of 199

1

76-How are postings in DM and LM transferred to general ledger (G/L) accounts?
1

Select one or more of the following:

  • Postings are transferred as part of the reconciliation process between the subledger and G/L

  • Postings are cumulated and transferred to G/L accounts

  • Each posting is transferred to G/L accounts real-time

  • Postings are aggregated in SAP Business Warehouse and transferred to G/L accounts

Explanation

Question 75 of 199

1

77-Which functions are offered by the GL Connector in SAP Bank Analyzer?
2

Select one or more of the following:

  • Creation of daily reports at general ledger accounts level

  • Aggregation of single transactions

  • Creation of double-entry postings

  • Balance procesing for periodic detailed subledger reporting

Explanation

Question 76 of 199

1

78-You implement banking services from SAP. The project methodology is based on a service-oriented architecture (SOA) approach. Your integration platform is SAP Netweaver. What is the role of SAP Netweaver Process Integration (PI)? 1

Select one or more of the following:

  • To exchange information between banking services from SAP and different channel applications such as call-centers, branches and ATMs

  • To monitor E-O-D processing jobs in BS from SAP, for ex., settlement, automatic account closure and closing of PLM documents

  • To create Posting Control Office orders in case posting of payment item fails

  • To integrate deposit accounts and loan accounts into a master contract account

Explanation

Question 77 of 199

1

79-You use SAP Bank Analyzer for G/L transfer. Where are single transactions aggregated before being submitted to the general ledger accounts? 1

Select one or more of the following:

  • To exchange information between banking services from SAP and different channel applications such as call-centers, branches and ATMs

  • To monitor E-O-D processing jobs in BS from SAP, for ex., settlement, automatic account closure and closing of PLM documents

  • To create Posting Control Office orders in case posting of payment item fails

  • To integrate deposit accounts and loan accounts into a master contract account

Explanation

Question 78 of 199

1

79-You use SAP Bank Analyzer for G/L transfer. Where are single transactions aggregated before being submitted to the general ledger accounts? 1

Select one or more of the following:

  • In the GL Connector, which is part of the Analytics Layer

  • In the SAP Business Warehouse during end-of-day processing

  • In DM and LM during the settlement period

  • In the Profit Analyzer

Explanation

Question 79 of 199

1

1-Which of the following is a valid method for assignments between bank keys and payment transaction areas?
1

Select one or more of the following:

  • Each payment transaction area must be assigned to a bank key

  • Multiple payment transaction areas can be assigned to a bank key

  • Multiple bank keys can be assigned to the same payment transaction area

  • Each bank key must be assigned to a different payment transaction area

Explanation

Question 80 of 199

1

2-A customer would like his or her monthly bank statement to be sent to his or her home adress. He or she would also like his or her tax advisor to receive the account statement on a quarterly basis. What do you need to define in the master account data to achieve this? 1

Select one or more of the following:

  • Define one binding bank statement agreement with monthly periodicity and one non-binding bank statement agreement with quarterly. Assign the tax adviser to a correspondence recipient group and then assing this group to the non- biding bank satatement agreement

  • periodicity. Assign the tax advisor to a correspondence recipient group and then assign the group to the non-binding bank statement agmt.

  • Define one binding bank statement agreement with monthly and quarterly periodicity. Assing the tax advisor to a correspondence recipient

  • Define two additional bank statement agreements, one with monthly periodicity and on with quarterly periodicity. Assign the tax advisor in

  • Define one binding bank statement agreement with monthly periodicity and one additional bank statement agreement with quarterly

Explanation

Question 81 of 199

1

3-You can create and maintain payment counterparties for each account holder. The payment counterparty describes the receiver of payments, collections or transfers. The copunterparty is based on a unique payment advice category that determines the required information for the counterparty. Which of the following categories are available for payment advice? 3

Select one or more of the following:

  • Lockbox information

  • Alias name

  • Name and postal address

  • Bank account information

  • e-mail adress

Explanation

Question 82 of 199

1

4 -Which of the following options are available for configuring the external account identification?
2

Select one or more of the following:

  • Bank country + bank key + account number + currency

  • (Bank country + account number) or IBAN

  • Account GUID

  • (Bank country + bank key + account number) or IBAN

  • Bank country + account number

Explanation

Question 83 of 199

1

5-Which of the following account types are internal accounts on banking services from SAP?
3

Select one or more of the following:

  • Customer accounts

  • Foreign exchange position accounts

  • Reference accounts

  • Profit and Loss (PandL) clearing accounts

  • Suspense accounts (CpD)

Explanation

Question 84 of 199

1

6-When can the system generate an event-controlled bank statement?
2

Select one or more of the following:

  • When na account is closed

  • When a change of address of the account holder is executed

  • When a check is not honored

  • When a payment order cannot be executed within a specified number of days

Explanation

Question 85 of 199

1

7-You want to use the currency conversion function for banking services from SAP. What do you need to configure?
3

Select one or more of the following:

  • Create foreign exchange position accounts and define derivation rules for them

  • Define transaction type groups for currency exchange and assign them to the appropiate transaction type and prenote types

  • Define transaction type groups for currency exchange and assign them to the appropiate posting control rules

  • Define derivation rules for currency exchange spreads

  • Define derivation rules for exchange rate types

Explanation

Question 86 of 199

1

8-A customer has a savings account at bank A. According to the customer instructions bank A should transfer the credit interest calculated for this account to the customer's current account at bank Which contract feature enables this function? 2

Select one or more of the following:

  • Settlement payment details

  • Transfer advice

  • Payment advice

  • Posting advice

  • Payment details (esta función es reemplazada en la v7 por Payment advice)

Explanation

Question 87 of 199

1

09--What is the purpose of a payment transaction area?
1

Select one or more of the following:

  • To define a geographical area for payments

  • To collect and pool transactions

  • To define the internal payment transaction structure

  • To define the internal bank payment transaction types

Explanation

Question 88 of 199

1

10-Which of the following objects comprises the total commitment?
1

Select one or more of the following:

  • Product configurator

  • Cash Flow

  • Account

  • Business Partner

Explanation

Question 89 of 199

1

11-Which objects are controlled by the bank posting area?
3

Select one or more of the following:

  • Posting date for start-of-day processing

  • Posting control group

  • Posting date for end-of-day processing

  • Posting date for payment transactions

  • Posting calendar

Explanation

Question 90 of 199

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12-Which business partner roles are mandatory to hold a bank account and receive account statements in Banking Services?2 roles are mandatory to allow a business partner to hold an account? 2 answers are correct
2

Select one or more of the following:

  • Card holder

  • Account holder

  • Correspondence recipient

  • Sold-to Party

  • Prospect

Explanation

Question 91 of 199

1

13-Wich of the following features are available for a savings scheme product?
3

Select one or more of the following:

  • Multiple plan payment agreements

  • Inactivity phase at the end of the plan payment agreement

  • Bonus interest calculation

  • Special payment at the end of the plan payment agreement

  • Availability of funds can be limited by the notice period and notice rules

Explanation

Question 92 of 199

1

14-How is the credit interest rate for time deposits determined?
3

Select one or more of the following:

  • The credit interest rate for time deposits can depend on the duration of the rate lock period

  • The credit interest rate for time deposits is fixed at the start of term

  • The credit interest rate for time deposits can depend on the capital amount and the duration of the deposit term

  • The credit interest rate for time deposits can be based on the reference interest rate

  • The credit interest rate for time deposits is fixed when the account is opened

Explanation

Question 93 of 199

1

15-Which statement applies to the calculation and posting of the interest penalty results?
1

Select one or more of the following:

  • In the account closure process, the interest penalty amount cannot be limited by the revenue (credit interest) from the current period

  • The interest penalty is calculated immediately at the time of withdrawal, and posted as an info item

  • In the account closure process, the interest penalty is posted as an info item during the final settlement

  • The interest penalty amount cannot exceed the revenue (credit interest) from the current period

Explanation

Question 94 of 199

1

16-A bank wants to offer the following time deposit product. The customer receives a special interest rate if the timeframe between the account opening date and initial time deposit is less than 3 days. Which product attributes have to be activated to fulfill this requirement?
2

Select one or more of the following:

  • Grace period

  • Term duration

  • Latest start of term

  • Rate lock period

Explanation

Question 95 of 199

1

17-When can a grace period take effect in a time deposit?
1

Select one or more of the following:

  • Between the rate lock period and a fixing phase

  • At the beginning of a fixing phase after the latest start of term

  • At the beginning of a fixing phase after renewal

  • Between the current fixing phase and the fixing phase after renewal

Explanation

Question 96 of 199

1

18-Which of the following are validmethods of applying interest in a time deposit account?
3

Select one or more of the following:

  • Reserving interest within the term

  • Capitalizing interest within the term

  • Reserving interest for the grace period at the end of term

  • Disburse all interest at the end of term

  • Capitalizing interest at the end of term

Explanation

Question 97 of 199

1

19-Which of the following actions can be executed by the system at the end of the plan paymnt agrement?
2

Select one or more of the following:

  • Repayment of a savings scheme and account closure

  • Repayment of a savings scheme without account closure

  • Renewal of a plan payment agreement

  • Posting lock on the account

Explanation

Question 98 of 199

1

20-Which of the following card functions are managed in Banking Services from SAP
2

Select one or more of the following:

  • Assignment of a temporary card number for a new card

  • Reference accounts for credit cards ( account details)

  • Initializtion of chips

  • Embossing of cards

Explanation

Question 99 of 199

1

21-Which of the following card functions requeres order management
1

Select one or more of the following:

  • Cancel a card

  • Create a card

  • Issue a card

  • Lock a card.

Explanation

Question 100 of 199

1

22-A monthly administration charge is set up as a standard condition for all accounts of a certain product. For a specific customer, you do not levy this charge for a period of 3 months due to goodwill reasons. How do you implement this requirment?
2

Select one or more of the following:

  • Create an automatic waiver condition

  • Delete the standard condition for the administration charge from the condition group

  • Create an individual condition with the condition form "Zero Condition"

  • Deactivate settlement for this account for the 3 month period

Explanation

Question 101 of 199

1

23-Which elements of the condition model can be changed?
3

Select one or more of the following:

  • Condition group types

  • Condition group category

  • Condition type

  • Condition group

  • Condition category

Explanation

Question 102 of 199

1

24-Which of the following actions do you have to execute fisrt during end-of-day processing?
1

Select one or more of the following:

  • Set the posting date for payment transactions to the next working day

  • Set the posting date for end-of-day processing to the next working day

  • Run the posting date for payment transactions to the next working day

  • Post settlement of all dail activities to the general ledger

Explanation

Question 103 of 199

1

25-To which objects can you assign standard financial conditions?
3

Select one or more of the following:

  • Product

  • Billing

  • Account

  • BP

  • Settlement

Explanation

Question 104 of 199

1

26-Which action relating to financial conditions can be allowed in an account?
1

Select one or more of the following:

  • Copy a standard condition into an individual condition

  • Create a standard condition

  • Assign a condition to a condition group

  • Create a new condition group

Explanation

Question 105 of 199

1

27-You can use reference interest rates when creating interest conditions. Which of the following features are available in the interest condition?
3

Select one or more of the following:

  • Absolute markup/markdown

  • Minimum and a maximum interest rate

  • Maximum markup/markdown

  • Relative markup/markdown

  • Average interest rate

Explanation

Question 106 of 199

1

28-For a current account product a charge settlement is executed on a monthly basis while an interest settlement is executed quarterly. Which of the following settings allows you to achieve this?
1

Select one or more of the following:

  • Extended settlement

  • Settlement on extraordinary date

  • Combined settlement

  • Individual settlement

Explanation

Question 107 of 199

1

29-Which pricing component allows you to define financial conditions for a single product or product group?
1

Select one or more of the following:

  • product price list

  • pricing agreement

  • business partner default price

  • business partner standard price.

Explanation

Question 108 of 199

1

30-A customer authorizes the bank to create a direct debt for loan receivables. To ensure that the transaction is processed on time, the bank needs to create the file for the direct 3 days prior to the due date of the receivable. How do you fulfill the requirement?
1

Select one or more of the following:

  • Set the settlement date for the loan account 3 days prior to the installment due date

  • Set 3 lead days for billing

  • Set the payment tolerance days for the loan account to 3 days

  • Set the due date of the payment condition for installments 3 days prior to the actual due date

Explanation

Question 109 of 199

1

31-You have selected the PPP for a loan product. Which of the following statements describe the impact of this principle on the cash flow calculation?
2

Select one or more of the following:

  • The cash flow of an account based on the IPP is the same as that of an account based on the PPP, providing all expected payments are made on time and with the exact amount
    2

  • Nominal interest is charged on overdue capital repayments on time and with the exact amount

  • Late payments change the interest calculation capital on the value date of the incoming payment

  • Interest on arrears may be changed on overdue capital repayments

Explanation

Question 110 of 199

1

32-The next cash flow installment has to be processed. The installment is paid by direct debit. Which sequence of processing steps do you use?
1

Select one or more of the following:

  • 1.Execute the standing order 2.run invoicing - 3.create the payment file for direct debits in the open item management system and transfer file to

  • 1.Create the payment file for direct debits in the open item management system and transfer file to the PTS - 2.Run billing - 3.Run invoicing 4. Post

  • 1.Run billing -2.run invoicing - 3.create the payment file for direct debits in the open item management system and transfer file . 4.Recieve the payment from the PTS and post the incoming payment to a clearing account. 5. Run payment distribution

  • 1.receive the payment from the PTS 2.post the incoming payment to a 3. clearing account - 4. run payment distribution

  • 1.Distribute the account master data - 2.Run billing - 3.Run invoicing - 4.create the payment file for direct debits in the open item management syst

Explanation

Question 111 of 199

1

33-Which functions are supported by Payment Advice Management?
2

Select one or more of the following:

  • Define the recipient account for a loan disbursement

  • Send correspondence to the customer to request collection authorization for direct debit

  • Specify the relevant FI_CA contract account management within the payment adive

  • Maintain counterparties that refer to the account holder and can be reused within the account holder’s contracts

Explanation

Question 112 of 199

1

34-What can you achieve by applying the business operation Payment Plan Change?
3

Select one or more of the following:

  • Change the payment advice data

  • Change the nominal interest rate

  • Change the installment amount

  • Change the istallment due date

  • Change the end of term of the loan account

Explanation

Question 113 of 199

1

35-Which cash flow items can be capitalized by using the corresponding business operation?
2

Select one or more of the following:

  • Future items (not yet billed)

  • Incoming payments

  • Requested (billed) but unpaid items

  • Paid items

Explanation

Question 114 of 199

1

36-Which of the following changes can you make with the business operation Manual Renewal?
2

Select one or more of the following:

  • You can create a new condition fixing agreement

  • You can change the frequency of the current inpayment agreement

  • You can disburse additional funds to the customer

  • You can extend the agreement term

  • You can change the nominal interest rate of the current condition fixing agreement

Explanation

Question 115 of 199

1

37-You discuss requirements for automatic processing of incoming payments with your SAP customer. Which of the following options are available for overpayments as part of the payment distribution rule set in SAP Loans Management?

Select one or more of the following:

  • Curtailment

  • Reversal of incoming payments

  • Prepayment

  • Automatic write-off

  • Transfer to another account

Explanation

Question 116 of 199

1

38-Which of the following business processes sets the status of a cash flow item to REQUESTED?
1

Select one or more of the following:

  • Billing in FI_CA

  • Invoicing in FI_CA

  • Billing in Banking Services

  • Invoicing in Banking Services

Explanation

Question 117 of 199

1

39- The cash flow of a loan account is based on payment conditions and price conditions. Which of the following characteristics are covered by the condition fixing agreement (cfa)
2

Select one or more of the following:

  • CFA specifies the determination date of used conditions

  • CFA extends the term conditions

  • CFA specifies the customer’s expected payment behavior

  • CFA has a timeline for which conditions are not changed

Explanation

Question 118 of 199

1

40-Which of the floowing features are available to loans account but no deposits management
3

Select one or more of the following:

  • Business partner cleansing

  • Assignment of a participant contract to a facility in Master Contract Management

  • Usage of Payment plan principle and incoming payment principle

  • Open items managed in FI-CA

  • Early repayment compensation

Explanation

Question 119 of 199

1

41-Which loan-specific features are provided by the operation Account holder change?
3

Select one or more of the following:

  • transfer open items from the old to new contract account in FI-CA

  • change the payment advice of the loan instalment

  • deactivate a payoff quote for the old account holder

  • change in assignment of collateral for na accunt

  • correction of the address of the current account holder

Explanation

Question 120 of 199

1

42-Which of the following item statuses are shown when you check the cash flow of a loan?
3

Select one or more of the following:

  • simulated

  • requested

  • posted

  • cancelled

  • reversed

Explanation

Question 121 of 199

1

43-What can you do with a payment directive
1

Select one or more of the following:

  • Define a threshold for overpayments that are posted automatically to the loan account

  • Define a one-side tuurnover to na account, which represents a debit posting

  • Define the automatic payment distribution rule set for a specific account that matches the conditions of the payment directive

  • Define a specific use for an incoming payment that matches the conditions of the payment directive

Explanation

Question 122 of 199

1

44-Which of the following statements about a loan disbursement are correct
3

Select one or more of the following:

  • The reversal of a disbursement order recalls the funds automatically

  • A disbursement can be reversed before any repayments are made

  • Open items cannot be withheld

  • The disbusement order provides the capability to maintain multiple payment advices

  • A disbursement order is assigned to one contract only

Explanation

Question 123 of 199

1

45-Which relationship exists between loan accounts, clearing accounts and contract accounts?
3

Select one or more of the following:

  • For each contract account there is a clearing account in open item management

  • Each loan account is assigned to a clearing account

  • Incoming payments are received on the clearing account and transferred to the loan account

  • For each clearing account ,there is a contract account in open item management

  • Incoming payments are received on the loan account and transferred to the clearing account

Explanation

Question 124 of 199

1

46-A customer who has multiple current accounts wants to concentrate the funds in the high yield account (main account) at the end of the day in wich the interest accrues. However, on the next day, the current accounts should be provided with the liquidity needed for daily business. Wich effective cash pooling (ECP) technique can be used to implement this scenario?
1

Select one or more of the following:

  • Target balancing

  • Trigger balancing

  • Automated balance transfer

  • Zero balancing

Explanation

Question 125 of 199

1

47-What is the purpose of a combined statement?
1

Select one or more of the following:

  • A combined statement replace multiple single bank statements and contains information of several accounts on the same account holder

  • A combined statement represents a snapshot statement in addition to the regular bank statement

  • A combined statement enables master contract charges and refunds to be calculated for bundle pricing

  • A combined statement enables charge and interest compensation to be calculated

Explanation

Question 126 of 199

1

48-Which high-level features are availale for effective cash pooling?
1

Select one or more of the following:

  • Multi-entity, multi-system, multi-user, multi-enterprise

  • Multi-currency, multi-system, multi-entity, multi-user

  • Multi-time zone, multi-system, multi-level, multi-currency

  • Multi-time zone, multi-enterprise, multi-level, multi-currency

Explanation

Question 127 of 199

1

49-Which key figures and account master data can the system evaluate when calculating discounts in bundle pricing?
3

Select one or more of the following:

  • Value of transactions

  • Volume of transactions

  • Interest rates

  • Account product

Explanation

Question 128 of 199

1

50-Which of the following statements describe possible scenarios for defining the limits of a multi-level facility master contract?
2

Select one or more of the following:

  • You define a global limit as the sum of nominal utilization and effective utilization

  • You must define a limit at each hierarchy level. The accounts then use the global limits

  • You can define a limit at the highest hierarchy level and all participant accounts can use this global limit

  • You define a global limit as the sum of the global external limit and the global internal limit

Explanation

Question 129 of 199

1

51-How is charge and interest compensation executed?
1

Select one or more of the following:

  • By virtual transfer of outstanding balances

  • By virtual offsetting of credit and debit balances

  • By physical transfer of funds between accounts

  • By physical cash sweeping to or from the master account

Explanation

Question 130 of 199

1

52-A bank wants to offer an effective cash pooling product that only allows USD subaccounts to participate. How can you achieve this in the product settings?
1

Select one or more of the following:

  • Define a currency restriction for the effective cash pooling contract

  • Activate the check for the same currency in the master contract and participant accounts

  • Define a currency restriction for the participant accounts

  • Define a currency restriction for the master contract product

Explanation

Question 131 of 199

1

53-What restrictions can you define for a master contract product in the Product Configurator?
3

Select one or more of the following:

  • Set the average number of participant accounts and master contracts

  • Allow or restrict multi.level hierarchy

  • Define the maximum number of participant master contracts

  • Require the same holder for the master contract and all participant accounts

  • Define the maximum number of participant accounts

Explanation

Question 132 of 199

1

54-Which account attributes are always carried over when executing an account product change?
2

Select one or more of the following:

  • Limits

  • Account identification data

  • Account holder

  • Settlement condition group

Explanation

Question 133 of 199

1

55-What can you do with an account holder change order?
1

Select one or more of the following:

  • Add an additional BP to the account

  • Assign missing roles to the new account holder

  • Replace the account holder with a new one

  • Assign a new alias to the current account holder

Explanation

Question 134 of 199

1

56-You implement the dual control principle for product X. A product change performed by user A has to be approved by user B. Where in the system is user B notified of the product change performed by user A?
1

Select one or more of the following:

  • Account Change Order

  • Posting Control Office

  • Business Workplace

  • Business Workflow

Explanation

Question 135 of 199

1

57-Which business functions can you perform using order management?
3

Select one or more of the following:

  • Account creation

  • Card replacement

  • Account product change

  • Notice on amount

  • Account holder change

Explanation

Question 136 of 199

1

58-Which objects are changed as a result of an account product change?
2

Select one or more of the following:

  • The attributes of the source account according to the attributes of the target product

  • The account holder address of the target proct according to the defined transfer procedure

  • The attributes of the current product version

  • The attributes of the source account according to the attributes of a new version of the same product

Explanation

Question 137 of 199

1

59-An order was automatically generated in the posting control office (PCO) to check a posting error that had occurred with a payment item.Which of the following options are available in PCO?
3

Select one or more of the following:

  • Resubmit

  • Lock Post

  • Return

  • Transfer Post

  • Create Prenote

Explanation

Question 138 of 199

1

60-Which of the following objects can you assign to a prenote type in Customizing?
1

Select one or more of the following:

  • Order

  • Account

  • Turnover class

  • Limit

Explanation

Question 139 of 199

1

61-A customer wants to transfer EUR 100 from a current account to a savings account automatically on a monthly basis. Which type of order can the customer use for this type of transfer?
1

Select one or more of the following:

  • Standing order

  • Payment order

  • Forward order

  • Direct debir order

Explanation

Question 140 of 199

1

62-Due to an error during posting of a recipient item, the item is automatically redirected to posting control Office. Which status is assigned to the recipient payment item?

Select one or more of the following:

  • Reversed

  • In Postprocessing

  • Redirected

  • Returned

Explanation

Question 141 of 199

1

63-A bank creates a new current account product for premium customers. The bank wants to assign the manual error handling for this product to a limited number of bank clerks. What do you have to do in the system to enable this restriction?
1

Select one or more of the following:

  • Create an authorization group for the bank clerks and assign it to the new product

  • Create a worklist for the new product and assign the bank clerks to the worklist

  • Create a new role and assign the role to the bank clerks

  • Create a new exception list and assign the bank clerks to the exception list

Explanation

Question 142 of 199

1

64-Considering the payment order structure, which combinatoin of item types is allowed for a payment order?
1

Select one or more of the following:

  • One ordering party item and one routing item

  • One ordering party item and multiple recipient items

  • One ordering party item and one info item

  • One ordering party item and multiple turnover items

Explanation

Question 143 of 199

1

65-An incoming payment fails and is sent to the Post Processing Office because the recipient account is closed. Which of the following posting control rules is applied?
2

Select one or more of the following:

  • Reject

  • Reverse

  • Postprocessing

  • Redirect

Explanation

Question 144 of 199

1

66-When is a payment item sent to the Posting Control Office for processing?
1

Select one or more of the following:

  • When an error occurs while posting the payment item the first Response of the rule that matches the payment item attributes is set to postprocessing

  • When the final response of the rule that matches the payment item attributes is set to Manual Processing

  • When an error occurs while posting the payment item the first Response of the rule that matches the payment item attributes is set to reallocation

  • When more than one rule matches the payment item attributes in the Posting Control Office

Explanation

Question 145 of 199

1

67-Which action do you have to carry out to post charges related to an existing Posting Lock Management (PLM) document?
1

Select one or more of the following:

  • Create PLM document

  • Schedule PLM document

  • Activate PLM document

  • Lock PLM document

Explanation

Question 146 of 199

1

68-A bank is informed about the death of a customer. In accordance with legal requirements the bank is obliged to lock the customer's assets for a certain period of time. Which object locks do you need to set this scenario?
3

Select one or more of the following:

  • Lock all accounts for the Business Partiner

  • Lock the Business Partiner

  • Lock all existing standing orders for the Business Partiner

  • Lock all cards for the Business Partiner

  • Lock all existing payment orders for the Business Partiner

Explanation

Question 147 of 199

1

69-A customer has just informed the bank about a debit card loss. The bank creates a PLM doc for this card. What must be locked in this scenario?
1

Select one or more of the following:

  • The following features of the lost card: card replacement, PIN replacement, card renewal

  • The lost card only

  • The lost card and all debit postings for the linked account

  • The lost card and the account linked to the card

Explanation

Question 148 of 199

1

70-Which configuration object do you need to set up to create a PLM document?
1

Select one or more of the following:

  • Posting type

  • Event type

  • Event category

  • Lock type

Explanation

Question 149 of 199

1

71-For specifi product with multiple prod versions, which prod version do you require in order to create an account at a specific contract start date?
1

Select one or more of the following:

  • An active and valid version

  • Any active version

  • The latest version

  • A version flagged for activation

Explanation

Question 150 of 199

1

72-When you create a product which of the following attribute categories are available?
3

Select one or more of the following:

  • Grouping

  • Features

  • process control

  • Matrix

  • Limits

Explanation

Question 151 of 199

1

73-A product should only allow transactions over the phone if this has been specifically requested by the customer. How should the matrix for transaction type groups/media be defined in Customizing?
1

Select one or more of the following:

  • Set the traffic light for the telephone to green and the padlock to closed

  • Set the traffic light for the telephone to green and the padlock to open

  • Set the traffic light for the telephone to red and the padlock to closed

  • Set the traffic light for the telephone to red and the padlock to open

Explanation

Question 152 of 199

1

74-You make changes to a non-active version of a product. In which version can you save the changes?
1

Select one or more of the following:

  • In the latest version

  • In the same version or in a new version

  • In the same version only

  • In the new version only

Explanation

Question 153 of 199

1

75-How are postingsthat originate in DM or LM transferred to general ledger (G/L) accounts in the recommended SAP standard setup?
1

Select one or more of the following:

  • Postings are transferred as part of the reconciliation process between the subledger and G/L

  • Postings are cumulated and transferred to G/L accounts

  • Each posting is transferred to G/L accounts real-time

  • Postings are aggregated in SAP Business Warehouse and transferred to G/L accounts

Explanation

Question 154 of 199

1

76-You implement banking services from SAP. The project methodology is based on a service-oriented architecture (SOA) approach. Your integration platform is SAP Netweaver. What is the role of SAP Netweaver Process Integration (PI)?
3

Select one or more of the following:

  • To exchange information between banking services from SAP and different channel applications such as call-centers, branches and ATMs

  • To monitor E-O-D processing jobs in BS from SAP, for ex., settlement, automatic account closure and closing of PLM documents

  • To create Posting Control Office orders in case posting of payment item fails

  • To provide the integration server, which is the runtime environment to provide secure standards- based communication between provider and consumer applications

  • To provide the integration Server to run the financial closure for the period end and enable reconciliation

  • to provide the integration directory as the central tool configuring the processing of messages

Explanation

Question 155 of 199

1

77-You use SAP Bank Analyzer for G/L transfer. Where are single transactions aggregated before being submitted to the general ledger accounts? 1

Select one or more of the following:

  • In the GL Connector, which is part of the Analytics Layer

  • In the SAP Business Warehouse during end-of-day processing

  • In DM and LM during the settlement period

  • In the Profit Analyzer

Explanation

Question 156 of 199

1

78-Whih of the following is today´s SAP atandard approach to derive general ledger accounts
1

Select one or more of the following:

  • Upon arrival of postings in the general ledger

  • Through Deposits Management and Loans Management

  • Through Bank Analyzer

  • During processing by the PI system

Explanation

Question 157 of 199

1

79-Which of the following statements regarding service- orientated architecture (SOA) and Banking Services are correct?
3

Select one or more of the following:

  • Soa for BS is a JAVA- based environment for a banking- specific application front end

  • BS utilizes the Enterprise Service Repository and the Services Registry for the predefined services available.

  • Banking Services are structured according to a harmonized enterprise model based on process components, business objects, and global data types.

  • Soa was adpted by SAP. The term Enterprise SOA is used to communicate the idea of how SOA should be deployed in enterprises.

  • Banking services relies stroungly on ABAP promming. It is prohibited to implement web Services in the Banking Services SOA environment

Explanation

Question 158 of 199

1

80-You implement Banking Services from SAP using a service- oriented architecture (SOA) approach. Banking Services from SAP deploys modeling and design in three interactive dimensions. What are these tree dimensions
1

Select one or more of the following:

  • Sap Solution Manager, Business Process Modeling tool, Enterprise Services Repository

  • Model and design blueprinting, model and design implementation, model and design testing

  • Business models for process modeling, architecture models for component interaction modeling, development models for service definition

  • Service models analysis, service models definition, service models development

Explanation

Question 159 of 199

1

01- Which of the following is valid for the payment items?
2

Select one or more of the following:

  • A payment item could have more that one payment item position

  • The payment order is the only way to create a payment item

  • The payment item is one-sided turnover on an account and represents debit or credit posting

  • The payment items are the loans payments posted in Banking Services

  • The payment items are the loans payments posted in Fi-Cax

Explanation

Question 160 of 199

1

02-The payment order is:
1

Select one or more of the following:

  • Two or more payment items posted into the account

  • The file sent from FI-Cax for debit the loans installments

  • All the collections posted into the loans account

  • It consists in two or more payment items, one ordering party item and at least one recipient item

Explanation

Question 161 of 199

1

03-Which of the following statement applies to the the payment orders?
1

Select one or more of the following:

  • The payment orders can be internal or external

  • There can be more that one ordering party

  • Is not possible to reverse when is posted

  • There must be only one offsetting transaction type

Explanation

Question 162 of 199

1

04-Which of the following are not a mandatory payment item atributes?
2

Select one or more of the following:

  • The product and the product version

  • The transaction type

  • Account identificacion for the credit or for the debit

  • The account holder

  • The posting day

Explanation

Question 163 of 199

1

05-Which of the following statements are true regarding the amount when a payment item is posted ?
1

Select one or more of the following:

  • The amount is not always neccesary to inform to comple the posting

  • There can be two different currency amount in one payment item

  • The amount must be always in the currency of the account

  • The transaction amount is define at the account holder level

Explanation

Question 164 of 199

1

06-Which of the following statement applies to conditions?
2

Select one or more of the following:

  • Conditions group types represents a Bank specifics group of condition types that you define in the customizing

  • Conditions group and conditions are defined by SAP and can not be changed

  • For defining a conditions type is it necessary to assign a condition category to a condition type

  • If there are conditions group category is not necessary to handle conditiong group type into the condition model

Explanation

Question 165 of 199

1

07-Wich of the following are not Disbursement Loan capabilities?
1

Select one or more of the following:

  • Disbursement in a future day

  • Partial Disbursement

  • The disbursement can be replace by a bank transfer account

  • Payment the disbursement to a different parties

  • Multiple disbursement with repayment

Explanation

Question 166 of 199

1

08-Which of the following are disbursement in the future mandatories prerequisite?
2

Select one or more of the following:

  • A maximun disbursement amount can be set-up against each type of document to be summited

  • The payment advice funcionality must be enable on product level

  • Create a forward order for a specified, future day

  • Create a prenote to reserve the disbursement amount to prevent future disbursement payouts

Explanation

Question 167 of 199

1

09-The cashflow contains:
2

Select one or more of the following:

  • Projected and processed data

  • Only projected data

  • Disbursements and prices such as interest and charges

  • Interest and charges but not disbursement informaction

Explanation

Question 168 of 199

1

10-Which of the following statement is not correct regarding payment and price conditions?
1

Select one or more of the following:

  • Price and payment conditions are independent

  • Price and payment conditions are interdependent

  • Price conditions determine what price is

  • Payment conditions determine when payments are made

Explanation

Question 169 of 199

1

11-Which of the following statement are correct statement regarding interest on arreas?
2

Select one or more of the following:

  • Interest on arrears is calculated on the basis on individual open items and not of balances

  • Interest on arrears is calculates in the settelment run

  • Separate price conditions for calculating interest on arrears for different types of receivables are predefined

  • Interest on arrears can be charge only for nominal interest overdue and not for other expenses like insurance.

Explanation

Question 170 of 199

1

12-Which of the following statements applies to payments principles?
3

Select one or more of the following:

  • When there is an underpayment the residual amount remains as an open item

  • The delay of the installment (late payment) amount is usually charged with interest on arrears

  • The late payment does not influence the interest calculation capital

  • Turnover classes are updated by billing and settlement but not by payment distribution

Explanation

Question 171 of 199

1

13-Which of the following are consider business operations?
3

Select one or more of the following:

  • An unexpected event such a deferral of open item

  • Settlement at the end of the period

  • A one time event such a payoff

  • Account master data change

  • Account holder change

Explanation

Question 172 of 199

1

14-Which of the following are the possible options por an skip payment?
3

Select one or more of the following:

  • Increase payment in the current term

  • Change the due day for the payments

  • Increase the final payment

  • Change the amount of the installment

  • Aditional payments at the end of the shcedule which increase the term

Explanation

Question 173 of 199

1

15-The following are characteristics of the product change
1

Select one or more of the following:

  • It is possible to change between product categories

  • Each time a new product version is done in the system a product change must be do it

  • Provide a set of rules for the transitions and versions

  • It should be done for every kind of change in the product

Explanation

Question 174 of 199

1

16-Which of the following are key figures for time deposits?
2

Select one or more of the following:

  • The interest rate is fix for the complete term

  • They have not fixed maturity

  • Money can be withdrawn after the term has ended

  • There is a bonus payment for the amount deposited each year

Explanation

Question 175 of 199

1

17-Which of the following are key figures for saving account with notice?
2

Select one or more of the following:

  • Use for bussiness operations and payments transactions

  • Offers less interest rate than current account

  • Builds up capital an property

  • No agreed or fixed terms

Explanation

Question 176 of 199

1

18-Which of the following are not valid for Special Conditions (Interest)?
2

Select one or more of the following:

  • The condition category and the conditions group category can be changed by the customizing

  • The condition type and the conditions group type can not be changed by the customizing

  • The condition group can be created into the application

  • The condition can be created into the application and are assigned to one condition group

Explanation

Question 177 of 199

1

19-Which of the following statement are correct for the event charge and settlement charge?
2

Select one or more of the following:

  • An event charge is debited to the customer at the settlement run

  • An event charge is debited to the customer immediately when the transaction occurs on the account

  • Settlement charges are debited periodically and are calculated for an specific period of time

  • Settlement charges are debited immediately and are calculated for an specific period of time

Explanation

Question 178 of 199

1

20-Which of the following are valid for the Standard Settlement?
2

Select one or more of the following:

  • You settle all settlement conditions for the contract at the same time

  • You settle different settlement conditions at different time period

  • Only one settlement track with assigned set of settlement conditions and defined periodicity

  • Multiple settlement tracks with a diferent set of settlement condition

Explanation

Question 179 of 199

1

21-Which of the following operations applies to Order Management for the Card?
3

Select one or more of the following:

  • Card Cancelattion

  • Card Pool Cancelattion

  • Card Product Change

  • Card Creation

Explanation

Question 180 of 199

1

22-Which of the following key features applies to Zero Balancing into the cash pooling techniques?
2

Select one or more of the following:

  • Allows the definitions of a targed balance for subaccounts

  • Concetrate the values balances on the main account resulting in higher interest

  • Used for investment sweeping

  • No interest on the subaccounts

Explanation

Question 181 of 199

1

02-When is currency Exchange needed?
3

Select one or more of the following:

  • In postings where the currency of the account is different to the currency of the bank

  • In postings where currency of the transaction is different to the account currency

  • In prenotes posted where currency of the transaction is different to the account currency

  • In posting lock management documents posted where currency of the lock threshold is different to the account currency

  • Where the currency of a facility is different to the currency of an account.

Explanation

Question 182 of 199

1

03-What object is total commitment applied to? Select one answer
1

Select one or more of the following:

  • business partner

  • account

  • product

  • cash flow

Explanation

Question 183 of 199

1

04-How are bank keys assigned to payment transactions areas? Select one answer
1

Select one or more of the following:

  • each bank key must be assigned to a different posting transaction area

  • multiple bank keys are assigned to one posting transaction area

  • each posting transaction area must be assigned to a bank key

  • multiple posting transaction area can be assigned to one bank key.

Explanation

Question 184 of 199

1

05-Which of these elements of an account can be changed while it has a status ‘Active, not used’? 2 answers are correct
2

Select one or more of the following:

  • Contract start date

  • Account holder

  • Product

  • Currency

  • Bank Key.

Explanation

Question 185 of 199

1

06-What does setting up a payment transaction area allow you to do? Select one answer
1

Select one or more of the following:

  • Process transactions through a limited set of transaction types

  • Collect and post transactions

  • Define internal payment transaction structure

  • Define a geographical area.

Explanation

Question 186 of 199

1

07-Interest earned on a savings account is to be paid to another account. How can this be done? 2 answers are correct
2

Select one or more of the following:

  • Create a payment advice

  • Create a direct debit order

  • Create a posting advice

  • Create a transfer advice

  • Create a settlement payment advice

Explanation

Question 187 of 199

1

08-In a payment advice, what categories are available? 3 answers are correct
3

Select one or more of the following:

  • Domestic Payment

  • Forward Order

  • International Payment

  • Cheque payment

  • Standing Order.

Explanation

Question 188 of 199

1

09-Which 2 roles are mandatory to allow a business partner to hold an account? 2 answers are correct
2

Select one or more of the following:

  • Card holder

  • Account holder

  • Correspondence recipient

  • Account processor Counterparty

Explanation

Question 189 of 199

1

10-A customer who receives a statement monthly requests that their tax advisor receive one quarterly. How would you set this in the account? Select one answer
1

Select one or more of the following:

  • One binding recipient in the account and 1 additional

  • Two binding recipients Two additional recipients

  • Two binding recipient with different period settings

Explanation

Question 190 of 199

1

11-What types of orders can use a payment advice? 3 answers are correct
3

Select one or more of the following:

  • Account Closure

  • Rescission of a loan

  • Product Change

  • Early pay off of a loan

  • Notice on account

Explanation

Question 191 of 199

1

12-What functions would require creation of an internal account? 3 answers are correct
3

Select one or more of the following:

  • Translation of a payment item in a currency different to the account currency

  • Profit & Loss postings

  • Payment items sent into Postprocessing status

  • Suspense account posting (CpD

  • Cheque payments made from an account

Explanation

Question 192 of 199

1

13-What is allowed to happen at the end of a savings plan agreement? (2 answers are correct
2

Select one or more of the following:

  • Repayment, but not close the scheme

  • Repayment and close the scheme

  • Renewal of the scheme

  • Lock the scheme

Explanation

Question 193 of 199

1

14-Your bank want to implement a time deposit with a special interest rate applied if the deposit is received within 3 days of opening the account. How would this be achieved (2 answers are correct)
2

Select one or more of the following:

  • apply the rate before the latest start of the term

  • apply the rate within the rate lock period apply

  • the rate within the grace period

  • apply the rate before the start of the term.

Explanation

Question 194 of 199

1

15-In a time deposit, when does the grace period take effect (Select one answer)
1

Select one or more of the following:

  • At renewal date

  • Between rate lock period and fixing date

  • At the start of the maturity phase

  • At the start of fixing.

Explanation

Question 195 of 199

1

16-Which of the following are features of savings plan products (3 answers are correct)
3

Select one or more of the following:

  • Inactive phase at the end of the term

  • Availability of funds limited by notice

  • Bonus interest

  • Multiple initial payments allowed

  • Multiple payment plan payments allowed

Explanation

Question 196 of 199

1

17-What functions are available in SAP for cards (2 answers are correct)

Select one or more of the following:

  • Initialisation of chips

  • Embossing of cards

  • Create a temporary number for new cards

  • Add a reference account for a card.

Explanation

Question 197 of 199

1

18-Which of these are methods of applying interest on a time deposit (3 answers are correct)
3

Select one or more of the following:

  • capitalise during the term

  • disburse at the end of the term

  • capitalise at the end of the term

  • reserve during the term

  • reserve for grace period at the end

Explanation

Question 198 of 199

1

19-Which statement is true about penalty interest
1

Select one or more of the following:

  • Calculated at the time of a withdrawal and posted as an information item

  • It cannot exceed the credit interest in the current period

  • It is limited to 90 days in the calculation

  • Is always applied on closure of an account

Explanation

Question 199 of 199

1

46-Which of these restrictions is available for configuration in the product configurator? (3 answers are correct)
3

Select one or more of the following:

  • Maximum number of participating master contracts allowed

  • Minimum number of participating accounts allowed

  • Allow multi-level hierarchies

  • Enforce that BP of participating contracts must be the same as the master contract

  • Average number of participating accounts allowed.

Explanation

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