SAP Exam C_S4FTR_2023 Topic 7 Question 24 Discussion

Actual exam question for SAP's C_S4FTR_2023 exam

Question #: 24
Topic #: 7

[All C_S4FTR_2023 Questions]

You are preparing a handbook for testers on the SAP Hedge Management application for foreign exchange (FX).When must you take a snapshot?

AAfter the decision on a hedging instrument is final Before you process the hedging instrument

BAfter you determine the hedging requirements Before the decision on a hedging instrument is final

CAfter you create the hedging area Before you release the raw exposure

DAfter you capture raw exposure data Before you conclude the hedging contract

Show Suggested Answer

Suggested Answer: B

You must take a snapshot after you determine the hedging requirements and before the decision on a hedging instrument is final when using SAP Hedge Management application for foreign exchange (FX). A snapshot is a copy of the relevant data for hedge accounting, such as the hedged item, the hedging instrument, and the market data. It is used to perform the effectiveness test and to document the hedge relationship.

by Tran at Mar 21, 2025, 03:20 PM

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Kristofer

12 days ago

I see your point, Katlyn. However, I think the best time to take a snapshot is after capturing raw exposure data, as mentioned in option D.

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Katlyn

14 days ago

But wouldn't it make more sense to take a snapshot after creating the hedging area, like option C suggests?

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Naomi

14 days ago

D) Ah, the classic 'capture first, then conclude' approach. I like it. Keeps you on your toes, you know? Plus, who doesn't love a good hedging contract?

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Micaela

16 days ago

I disagree, I believe the correct answer is B) After you determine the hedging requirements Before the decision on a hedging instrument is final.

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Marla

20 days ago

C) After creating the hedging area, that's when you should take the snapshot. Gotta get that raw exposure data locked down before you release it to the world.

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Shawnda

21 days ago

B) Hold up, I think I'd want to know the hedging requirements first before deciding on the instrument. Wouldn't want to get ahead of myself here.

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Ronald

4 days ago

A) After the decision on a hedging instrument is final Before you process the hedging instrument

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Katlyn

1 months ago

I think the answer is A) After the decision on a hedging instrument is final Before you process the hedging instrument.

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Kati

1 months ago

A) Seems like the logical choice to me. Gotta capture that snapshot after the decision is made, before you actually process the hedging instrument. Wouldn't want any surprises, right?

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Rodney

18 days ago

Cecily: Exactly, can't afford any surprises when dealing with foreign exchange.

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Cecily

20 days ago

User 2: That makes sense. You want to make sure you have a snapshot at the right time.

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Belen

21 days ago

User 1: I think the answer is A) After the decision on a hedging instrument is final Before you process the hedging instrument.

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