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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?

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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.


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Katlyn
12 days 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
12 days 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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