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SAP Certified Associate - Positioning SAP Business Suite via SAP Financial Management Solutions Sample Questions (Q37-Q42):

NEW QUESTION # 37
Which solution can you integrate with the Global Tax solutions to manage corporate income tax?

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

Answer: B

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

NEW QUESTION # 38
Which of the following is a benefit of using SAP Analytics Cloud?

A. Manual data integration
B. Real-time insights and predictive analytics
C. Limited data visualization
D. No support for financial reporting

Answer: B

NEW QUESTION # 39
What is the purpose of SAP Business Data Cloud?

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

Answer: C

NEW QUESTION # 40
Which of the following is a key benefit of SAP Business Suite?

A. Manual data entry
B. Batch-based reporting
C. Limited integration
D. Real-time data sharing

Answer: D

NEW QUESTION # 41
Which financial process solution area is responsible for managing interfacing with banking institutions?

A. Invoice to Cash
B. Treasury Management
C. Invoice to Pay
D. Financial Planning & Analysis

Answer: B

Explanation:
Comprehensive and Detailed 150 to 250 words of Explanation From Positioning SAP Business Suite via SAP Financial Management Solutions documents:
Within the SAP Financial Management ecosystem, the Treasury Management solution area is primarily responsible for the relationship and technical interfacing with banking institutions. While "Invoice to Cash" and "Invoice to Pay" involve transactions that eventually hit a bank account, it is the Treasury function that governs the overall cash liquidity, bank account management, and communication protocols.
SAP Treasury Management, supported by tools like SAP Multi-Bank Connectivity (MBC), provides a secure, automated link between the corporate ERP and the global banking network. This allows for the automated transmission of payment files and the retrieval of electronic bank statements. Beyond simple connectivity, Treasury Management enables the CFO to see a global view of cash positions in real-time, manage financial risks (such as currency or interest rate exposure), and optimize the company's funding strategy. By centralizing the bank interface within Treasury Management, organizations can ensure high security through encryption and digital signatures, reduce bank fees through consolidation, and gain the visibility needed to ensure the business always has the necessary liquidity to operate and grow.

NEW QUESTION # 42
......

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SAP Certified Associate - Positioning SAP Business Suite via SAP Financial Management Solutions Sample Questions (Q37-Q42):

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