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

2 months 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

2 months 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

2 months 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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Vilma

1 months 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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Lashawnda

1 months ago

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

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Micaela

2 months 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

2 months 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

2 months 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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Dominic

10 days ago

User 4: That makes sense, you want to make sure everything is in place before finalizing the contract.

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Andra

11 days ago

User 3: I prefer to capture raw exposure data before concluding the hedging contract.

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Georgene

12 days ago

User 2: I agree, it's important to have all the information before making a decision.

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Ma

14 days ago

User 1: I always take a snapshot after determining the hedging requirements.

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Timothy

18 days ago

User 4: That makes sense, you want to have all the data before finalizing anything.

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Hayley

29 days ago

User 3: I prefer to capture raw exposure data before concluding the hedging contract.

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Cecil

1 months ago

User 2: I agree, it's important to have that information before deciding on the instrument.

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Kandis

1 months ago

User 1: I always take a snapshot after determining the hedging requirements.

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Dana

1 months ago

C) After you create the hedging area Before you release the raw exposure

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Amie

2 months ago

B) After you determine the hedging requirements Before the decision on a hedging instrument is final

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Ronald

2 months ago

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

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Katlyn

3 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

3 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

2 months ago

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

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Cecily

2 months ago

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

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Belen

2 months 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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