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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.


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

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Kristofer
1 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
1 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
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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Vilma
15 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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Lashawnda
25 days ago
A) After the decision on a hedging instrument is final Before you process the hedging instrument
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Micaela
1 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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Timothy
User 4: That makes sense, you want to have all the data before finalizing anything.
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Hayley
11 days ago
User 3: I prefer to capture raw exposure data before concluding the hedging contract.
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Cecil
19 days ago
User 2: I agree, it's important to have that information before deciding on the instrument.
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Kandis
21 days ago
User 1: I always take a snapshot after determining the hedging requirements.
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Dana
23 days ago
C) After you create the hedging area Before you release the raw exposure
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Amie
29 days ago
B) After you determine the hedging requirements Before the decision on a hedging instrument is final
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Ronald
1 months ago
A) After the decision on a hedging instrument is final Before you process the hedging instrument
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Katlyn
2 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
2 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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