SAP Certified Application Associate - Transactional Banking in SAP for Banking 8.0

QUESTION NO: 1
Which of these are methods of applying interest on a time deposit (3 answers are correct)

A. capitalise at the end of the term B. capitalise during the term C. disburse at the end of the term D. reserve during the term E. reserve for grace period at the end

Correct Answer: A,B,C

QUESTION NO: 2
In a time deposit, when does the grace period take effect (Select one answer)

A. At the start of the maturity phase B. At renewal date C. Between rate lock period and fixing date D. At the start of fixing

Correct Answer: B

QUESTION NO: 3
What can you assign to a prenote type (Select one answer)

A. Order B. Account C. Limit D. Turnover Class

Correct Answer: D

QUESTION NO: 4
How are bank keys assigned to payment transactions areas? Select one answer

A. multiple bank keys are assigned to one posting transaction area B. each bank key must be assigned to a different posting transaction area C. multiple posting transaction area can be assigned to one bank key D. each posting transaction area must be assigned to a bank key

Correct Answer: A

QUESTION NO: 5
Instalments are to be paid by direct debit. Which flow best describes the process to achieve this (steps within the payment system is not taken into account in this process) (Select one answer)

A. Billing in Banking services, run invoicing in FI-CA, Create DD payment file in FI-CA Another one B. Billing in Banking services, run invoicing in FI-CA, Create DD payment file in FI-CA C. Run Billing and invoicing in Banking Services, Create DD payment file in Banking Services, run payment distribution in payment services to clear FI-CA D. Create DD payment file in FI-CA, run billing in Banking Services, submit payment file in payment system

Correct Answer: B

QUESTION NO: 6
Which of these is true about account product change (2 answers are correct)

A. Source product populates a new version of product B. Add account holder C. Source product populates account field D. Attributes taken from current version of the product

Correct Answer: A,D

QUESTION NO: 7
Interest earned on a savings account is to be paid to another account. How can this be done? 2 answers are correct

A. Create a settlement payment advice B. Create a payment advice C. Create a transfer advice D. Create a direct debit order E. Create a posting advice

Correct Answer: A,B

QUESTION NO: 8
What does setting up a payment transaction area allow you to do? Select one answer

A. Collect and post transactions B. Define internal payment transaction structure C. Process transactions through a limited set of transaction types D. Define a geographical area

Correct Answer: B

SAP Certified Application Associate - Transactional Banking in SAP for Banking 8.0 - C-FSTBAN-80 Exam Questions