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Exam Code: C-S4FCF-2020
Exam Name: SAP Certified Application Associate - Central Finance in SAP S/4HANA
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NEW QUESTION: 1
Why should the analyst place special emphasis in their assessment of cash balances?
A. All of these answers.
B. Cash is a company's most liquid asset.
C. None of these answers.
D. Cash represents the point in a firm's operating cycle where management has maximum discretion with the deployment and use of its resources.
E. Cash is typically the only asset that is available to meet a firm's financial obligations.
All of these answers are correct because any assessment of a firm's liquidity should be focused on a firm's ability to meet its near-term liabilities. While inventory may be sold, it is subject to shrinkage through loss of value, theft, etc. and while accounts receivable a current assets, not all firms collect the full balance of what they are owed, let alone collecting it when it is due. Cash is king in the world of finance because it is cash and cash alone that is used to meet financial commitments.
NEW QUESTION: 2
Which of the following allows Terraform users to apply policy as code to enforce standardized configurations for resources being deployed via infrastructure as code?
B. module registry
Sentinel is an embedded policy-as-code framework integrated with the HashiCorp Enterprise products. It enables fine-grained, logic-based policy decisions, and can be extended to use information from external sources.
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