SAP Certified Application Associate - Transactional Banking in SAP for Banking 8.0 (C-FSTBAN-80) Free Practice Test

Question 1

What object is total commitment applied to? Select one answer

A. product

B. business partner

C. cash flow

D. account

Correct Answer: B

Question 2

What status must a product version be in to be able to create an account (Select one answer)

A. latest version

B. active and valid

C. parked/new

D. flagged for activation

Correct Answer: B

Question 3

Which of these is true about account product change (2 answers are correct)

A. Attributes taken from current version of the product

B. Source product populates a new version of product

C. Add account holder

D. Source product populates account field

Correct Answer: A,B

Question 4

What options are available to set up a global facility (2 answers are correct)

A. A limit is defined for each account used in the hierarchy, and the sum these limits is defined as the global u limit

B. A limit is set on the highest node of the hierarchy and all accounts utilise this as a global limit

C. Use the sum of the internal and external limit on the highest node of the hierarchy

D. A limit must be defined at each node of the hierarchy, and this is added to make a global limit

Correct Answer: B,C

Question 5

What is the role of PI in the SOA architecture (3 answers are correct)

A. Enterprise Service Repository and service registry,

B. Netweaverplateform

C. Integration Directory

D. Integration Server

Correct Answer: A,C,D

Question 6

Which of these are features of a condition fixing agreement (2 answers are correct)

A. conditions about the term of the loan

B. conditions to determine the due date of instalments

C. to set a time when no condition changes can be made

D. conditions to determine behaviour of payments received

Correct Answer: A,C

Question 7

Your bank charges your customers a monthly charge. You want to remove this charge for this particular customer for 3 months. How would you do this (2 answers are correct)

A. automatic waiver

B. create an individual condition with 'zero conditions'

C. deactivate settlement for 3 months

D. create a manual waiver

Correct Answer: A,D

Question 8

Instalments are to be paid by direct debit 3 days before the due date. Which flow best describes the process to achieve this (steps within the payment system are not taken into account in this process) (Select one answer)

A. Billing, Send file, Invoicing, FiCA

B. Billing, Invoicing, Send File, FiCA

C. FiCA, Send File, Invoicing, Billing,

Correct Answer: B

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SAP Certified Application Associate - Transactional Banking in SAP for Banking 8.0 (C-FSTBAN-80) Free Practice Test