What is the correct sequence of the Loan lifecycle? Distribution>Settlement>Billing>Invoicing>Payment Distribution Distribution>Billing>Invoicing>Payment Distribution>Settlement Distribution>Invoicing>Billing>Payment Distribution>Settlement Settlement>Distribution>Invoicing>Billing>Payment Distribution.
What happens to payments during GL transfer? Please choose the correct answer. A payment order becomes a posting debit to debit, or credit to credit A payment item becomes a posting debit to debit, or credit to credit A payment order becomes a posting debit to credit, or credit to debit A payment item becomes a posting debit to credit, or credit to debit
Which of these items change the balance of an account? Billing Item Payment Item Invoicing Item Posting Lock Item
Which of the following are elements of SAP Netweaver technology infrastructure for enterprise SOA? (3 correct answers) Business process platform SAP Netweaver Business Warehouse Enterprise Services repository Composition platform Platform Infrastructure.
Where in the system is user B notified of a product change performed by user A? Posting Control Office Business Workplace Change Account Product Business Workflow.
What is the account that gets created on FI-CAX? Deposit Account Loan Account Clearing Account Contract Account.
What does the skip operation allow you to do in an installment loan?Please choose the correct answer. Pay off the loan completely Remove future installments from the payment schedule Reverse wrong payment postings from the payment schedule Remove paid installments from the payment schedule.
Which of these four elements of Enterprise SOA provides for the process integration and services orchestration? Platform Infrastructure Enterprise Services Repository Provisioning platform Composition platform.
Choose the correct answer. (2 correct answers) Several bank keys can be assigned to the same payment transaction
area When assigning the internal number for the payment order, the system determines the respective payment transaction area involved from the account details data for the receipient party When assigning the internal number for the payment order, the system determines the respective payment transaction area involved from the account details data for the ordering party Only one bank key can be assigned to one payment transaction area.
Which of the following are attribute categories? (2 correct answers) Group Feature Values Grouping.
Which principle allocates instalment payments are credited in the interest calculation capital to the day to which it is received? Payment Plan Principle Actual Payment Plan Principle Incoming Payment Principle Payment Incoming Principle.
What charateristics have to be defined for each organisational unit? Address, Calendar, Payment Recording Area Contract Management Bank, Calendar, Bank Posting Area Standard Bank data, Branch Manager, Posting Area Bank Posting Area, Organisational Area, Internal Bank Accounts.
Choose the correct answer. (2 correct answers) Check digit methods are an optional component Check digit methods are used to determine and check the correctness of the structure of an account number Check digit methods are a mandatory component Check digit methods are used to determine and check the correctness of the structure of a bank key number.
How are products defined in Banking Services? Product manufacturer Product configurator Product generator Product change.
Which of the following are characteristics of an organizational unit in deposit management? (3 correct answers) Bank posting area Business area Calendar Contract management bank.
Which of the following are characteristics of an organizational unit in Deposits Management?
Note: There are three (3) correct answers to this question Internal account Bank posting area Calendar Business area Contract management bank.
What is the minimum information that you need to create an account?
Note: There are three (3) correct answers to this question Business partner Account validity Account product Contract managing unit Business partner relationship.
What types of limit are available for a current account product?
Note: There are three (3) correct answers to this question." Revolving limit Daily overdraft limit Seasonal limit Committed limit Access limit.
A savings account has a notice period of three months. The monthly allowance amount is EUR 2,000. The availability period is the calendar month. An interest penalty is calculated if the customer does not comply with the agreed contract rules.
Which of the following statements are correct?
Note: There are three (3) correct answers to this question. The customer has a right to withdraw more than EUR 2,000 only if he or she has given notice on the desired amount one month in advance The customer can withdraw EUR 2,000 every month. Withdrawals beyond EUR 2,000 are not possible. When the customer withdraws more than EUR 2,000 in a calendar month, an interest penalty is calculated for the duration of the withdrawal period. The customer has a right to withdraw more than EUR 2,000 only if he or she has given notice on the desired amount three months in advance. The customer can withdraw EUR 2,000 every month without incurring an interest penalty.
There are different options available for defining the currency in the financial conditions.
Which of the following statements are correct?
Note: There are three (3) correct answers to this question. You cannot define cross-currency conditions for event and transaction charges. The payment currency can differ from the condition currency but must match the contract currency. You can create standard conditions with and without a condition currency, whereas individual conditions are always in the contract currency. The cross-currency condition applies to contracts for which no explicit conditions (condition currency = contract currency) have been created in the relevant condition group. The payment currency of a condition provides allows you to specify and calculate the conditions in a currency that is different to the condition currency.
What type of account do you use to manage open items in the open item management system?
Please choose the correct answer. " Current account Loan account Contract account Clearing account.
What are possible scenarios that you can set up for overdraft protection?
Note: There are three (3) correct answers to this question. " Two different current accounts are protected by the same funding account. One current account is protected by one funding account and one funded account. Two or more funding accounts protect one current account. One current account is protected by one funding account. A facility master contract protects one current account.
Where do you store the sweep rules in the master contract for effective cash pooling?
Please choose the correct answer. In the participation condition In the cash pooling method In the relationship attributes In the agreement.
Which of the following are common features of orders provided within the order management framework?
Note: There are three (3) correct answers to this question. Change documents Uniform follow-up activities Determination of the charge amount in the order interface Release procedure Order status management.
Which of the following input parameters can be used when you define posting control rules?
Note: There are three (3) correct answers to this question." Product category Posting priority Payment item type Error type Transaction type group.
Which of the following is a required configuration for payment orders?
Please choose the correct answer. Assign offsetting transaction types to payment item types. Assign offsetting transaction types to transaction types. Assign transaction types to transaction type groups. Assign offsetting transaction types to error types.
Which individual objects can be locked with Posting Lock Management?
Note: There are three (3) correct answers to this question. Payment order Account Account features Card pool Card.
In Customizing, which combination of traffic light and padlock do you have to specify to make product attributes mandatory at contract level.
Please choose the correct answer. Green traffic light and closed padlock Red traffic light and closed padlock Red traffic light and open padlock Green traffic light and open padlock.
You implement Deposits and Loans Management with banking services from SAP. You want to integrate the banking services from SAP system with other components.
Which components are necessary?
Please choose the correct answer. The general ledger (G/L) in Bank Analyzer An SAP Supply Chain Management (SCM) system to manage billing and invoicing for loan accounts The account origination module in banking services from SAP A Payment Transaction System, to send and receive external payments .
You are implementing banking services based on the SOA approach.
Which of the following SAP NetWeaver components support this implementation scenario?
Note: There are three (3) correct answers to this question. SAP NetWeaver Business Warehouse Enterprise Services Repository SAP NetWeaver Composition Environment SAP NetWeaver Process Integration SAP NetWeaver Master Data Management.
What business operation provides the facility to postpone a payment from the loan payment schedule? Capitalisation Skip Deferment Extension.
The amount that the account holder can withdraw above the credit balance and it is agreed with and notified to the customer is know as? Tolerated Overdraft limit Granted credit limit Seasonal limit Access limits.
Which is the correct priority order of the response in the posting control rules? Reject, Reallocate, Redirect, Postprocessing, Return, Post Reject, Reallocate, Return, Redirect, Postprocessing, Post Reject, Return, Redirect, Postprocessing,Reallocate, Post Reject, Return, Postprocessing, Redirect, Reallocate, Post.
Which of these is not a Condition Group Category? (one correct answer) Non contract based
Payment Waiver Hedge.
Choose the correct answer? If a time deposit is set up for automatic rollover, it will be renewed on grace period date The fixing phase of a term deposit ends with the function Call fix term deposits Within a grace period, the customer cannot make additional deposits A fixed term deposit is capital commitment which can be withdrawn anytime.
What two categories of seasonal limits are there? Additional Seasonal Limit and Integrated Seasonal Limit Multiple Seasonal Limit and Integrated Seasonal Limit Multiple Seasonal Limit and Access Seasonal Limit Access Seasonal Limit and Additional Seasonal Limit.
What is used to implement a lock? PCO PLM PPO PPL.
What is BI Business Content? Collects data from SAP source systems Business evaluation objects Preconfigured Information models Central object used as a basis for reports and analysis.
If the collateral scope id defined as manually adding of receivables which should be secured to the collateral agreement, this is known as? Defined declaration of purpose Global declaration of purpose Narrow declaration of purpose Manual declaration of purpose.
Which of these business operations will suspend expected instalment payments for a given time period? Extension
Prepayment Skip Waiver.
Which of these combinations can be changed at contract level? (two correct answer) Green traffic light and Padlock Open Green traffic light and Padlock Closed Red traffic light and Padlock Open Red traffic light and Padlock Closed.
What are the BP Categories? Natural Person, Company, Grouping People, Organisation, Grouping Person, institution, Group Person, Organisation, Group.
Which fields is the default definition variant for the bank code to identify a bank? Bank Number and Bank key Bank key and Address Country and Bank key Bank grouping object and Bank Number.
What type of account do you use to manage open items in the open item management system? Clearing account Loan account Contract account Current account.
What is the intended use of a global declaration of purpose? Please choose the correct answer. To revaluate the global of a collateral object automatically To assign specific receivables of a business partner to collateral agreement manaually To link a collateral agreement and objects automatically, based on the higher-level criteria.
Choose the correct answer? It is possible to create additional BP Categories Can create a contract with BP in the role of general only You specify a relationship by means of assigning a relationship category Cannot limit the periods for which assignment of roles to BP is valid.
Which element in the due date processing of a loan determins how payments coming into the clearing account are applied to open items of the contract account? Payment Allocation Payment Distribution Invoicing Billing.
Which of these describes the agreement of payment conditions. Inpayment Agreement Condition fixing Agreement Financial Conditions.
Which of the following Cash pooling technique monitors the sub account on a periodic basis in order to take a decision whether a transfer from sub to master account is possible and is to b executed? Zero Balancing Target Balancing Trigger Balancing Automated Balance Transfer.
Which settlement allows the seperation of different conditions by using different settlement tracks? Individual settlement
Extended Settlement Multiple Settlement Types Standard Settlement.
Which is the incorrect answer with regards to payment plan change? A payment plan change can only take effect before the last billed period A payment plan change can be used to adjust the payment key date Can be initiated by the borrower A correspondence may be generated.
Choose the correct answer? The bundle pricing function is not available in Master Contract Management Bundle pricing and the interest and charge compensation cannot be used together in one master contract Pre-period corrections does have any impact on already performed discount calculations Discounting cannot be enabled by using the Bundle Pricing functionality.
What is the connection that assigns the insurance policy to the installment loan embedded directly in the loan master data? Insurance connector insurance Handler Insurance policy Insurance Link.
Which of these is not a formal check? (One correct answer) Value rangeText Prenote exist Format Attribute value empty.
Which are the three product categories? (3 correct answers) Master Contract
Card Card pool Account.
What is used as the differentiation criteria for the general ledger transfer? Variant GL Operation GL Transfer GL Body.
Which is correct? Exponential interest calculation is known as the straight-line calculation The grace period is part of the new fixing phase The grace period is not part of the new fixing phase Grace period is the time interval before the initial fixing phase.
The predefined categories for which locks can be created are? Account, Card, Collateral Contract, Business Partner Account, Card, Master Contract, Business Partner Business Partner, Card Pool, Account, Master Contract Group Business Partner, Card Pool, Master Contract, Account.
Which valuation procedures are supported for a collateral object? (2 correct answers) Income capitalisation method Incoming Payment Principle Customer-specific valuation Payment Plan Principle.
What category dermines whether open items are created in FI-Cax Loan Category Settlement Category Billing Category Invoicing Category.
Choose the correct answer The Product Pricing List has a validity time frame A payment order consists of one receipient party and multiple ordering party A standard condition replaces the individual condition in a defined area of a contract The medium specifies the priority method of how a payment order is processed
With regards to Order Management, choose the correct answer (2 correct answers) Cannot be executed in dialog or mass run Is used to depict business processes that result in a change to a contract With a product change the currency and posting locks can be changed A transfer rule is required when retaining attributes with adjustment according to target product.
What status do the cash flow have on the billed items? Executed Requested Waiting Due.
If a customer wishes to make a funds transfer via internet what combination of padlock and traffic light status should be maintained for the transaction type and media matrix? Red traffic light and Padlock Closed Green traffic light and Padlock Closed Red traffic light and Padlock Open Green traffic light and Padlock Open.
choose which of the following are Product Attributes Grouping Field Feature Matrix admin data.
4 product configurator areas that can changed field attribute feature attribute matrix attribute administrative data default value.
Product configurator can be utilized for accounts master contract card card pool products BP.
choose the correct option Card temporary number = Internal Card number + Suffix Card temporary number = external Card number + Suffix.
Structure of financial conditions Condition Catgeory (Settlement, Event, Transation) Condition Group Type (Free text but groups conditon Types Condition Groups which belong to Group Types (Assigned in product) Condition Type (lowest level).
PCO responses and inputs, sequence of 1st response Reallocation Postprocessing Redirect Return Post Post Reallocation Postprocessing Redirect Return reject
PCO responses and inputs, sequence of 2nd response Return / post / Return / Transfer / Reject / Reverse Transfer / post / Return / Reverse / Reject / Redirect post / Transfer / Return / Reject / Reverse.