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SAP Exam C_S4FTR_2023 Topic 2 Question 7 Discussion

Actual exam question for SAP's C_S4FTR_2023 exam
Question #: 7
Topic #: 2
[All C_S4FTR_2023 Questions]

You are in the process of replacing LIBOR with one of the risk-free rates (RFRs).What are the new interest calculation types with the parallel interest conditions?Note: There are 2 correct answers to this question.

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Suggested Answer: A

You would use the Bank Relationship Overview SAP Fiori app to monitor the total number and amount of incoming and outgoing payments at your house bank in the last 60 days. Bank Relationship Overview app provides a dashboard that displays key information about your bank accounts and bank relationships, such as balances, cash flows, fees, ratings, and contacts. You can filter and drill down the data by various criteria, such as bank country, bank group, account type, or payment direction. Verified Reference: [Bank Relationship Overview App Overview], [Bank Relationship Overview App Configuration Guide]


by Leonard at Jul 05, 2024, 09:07 PM

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Blair
18 days ago
Ah, the joys of financial regulation. I bet the folks who wrote this question are having a good laugh at our expense right now.
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Jacklyn
5 days ago
A) Lookback interest calculation
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Ilene
1 months ago
Wait, is this a trick question? What if the answer is just to throw LIBOR out the window and start over from scratch? Just kidding, I'm sure the solution is more complex than that.
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An
3 days ago
B) Average compound interest calculation
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Peggie
18 days ago
A) Lookback interest calculation
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Jolanda
2 months ago
Floating rate calculation? That's a classic! But I'm not sure it's the right answer for replacing LIBOR. Time to put on my thinking cap.
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Micheline
12 hours ago
B) Average compound interest calculation
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Carol
1 months ago
A) Lookback interest calculation
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Josefa
2 months ago
Average compound interest calculation? Interesting, I haven't heard of that one before. I'll need to do some research on the new RFR interest calculation types.
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Hannah
2 months ago
Lookback interest calculation and Compound interest calculation? Hmm, that's a tricky one. I'll have to think this through carefully.
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Daniel
1 months ago
I believe Compound interest calculation is also one of the new interest calculation types.
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Tora
1 months ago
I think Lookback interest calculation is one of the new interest calculation types.
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Huey
2 months ago
I'm not sure about Lookback, but I think Average compound is definitely one of the correct answers.
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Deeann
2 months ago
I agree with Fannie, Lookback and Average compound make sense for the new interest calculations.
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Fannie
2 months ago
I think the new interest calculation types are Lookback and Average compound.
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