EMT Practice Test

1. Question Content...

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Question1: How are bank keys assigned to payment transactions areas? Select one answer

Question2: Effective cash pooling can be described as? (Select one answer)

Question3: The bank has implemented dual control for product X, and User A has created an account requiring user B to approve. Where would user B process the approval (Select one answer)

Question4: Which of these statements is true about a loan disbursement (3 answers are correct)

Question5: What does setting up a payment transaction area allow you to do? Select one answer

Question6: What function does a payment directive perform? (Select one answer)

Question7: What functions are supported by the payment advice feature (2 answers are correct)

Question8: How can the credit interest rate determined for a time deposit (3 answers are correct)

Question9: Which of these are loan specific features of an account holder change (3 answers are correct)

Question10: Your bank charges your customers a monthly charge. You want to remove this charge for this particular customer for 3 months. How would you do this (2 answers are correct)

Question11: What status must a product version be in to be able to create an account (Select one answer)

Question12: Interest earned on a savings account is to be paid to another account. How can this be done? 2 answers are correct

Question13: Which statement is true about penalty interest

Question14: What configuration object is used to define a PLM document (Select one answer)

Question15: How is charge & interest compensation executed (Select one answer)

Question16: What can you assign a standard financial condition to (3 answers are correct)

Question17: Which of these are methods of applying interest on a time deposit (3 answers are correct)

Question18: What object is total commitment applied to? Select one answer

Question19: Which end of day function should be executed FIRST in the EOD job schedule (Select one answer)

Question20: Which of these elements of an account can be changed while it has a status 'Active, not used'? 2 answers are correct

Question21: What features are available to loans but not deposits management (3 answers are correct)

Question22: What statement below is correct for a payment order (Select one answer)

Question23: Which of the statements is true about SOA (3 answers are correct)

Question24: If an Effective cash pooling is only required in USD, how would you achieve this using product settings (Select one answer)

Question25: What key figures of master data attributes are available to determine bundle pricing (3 answers are correct)FS242 PAGE 380

Question26: A customer who receives a statement monthly requests that their tax advisor receive one quarterly.
How would you set this in the account? Select one answer

Question27: Where are individual transactions aggregated prior to posting in the general ledger (Select one answer)

Question28: A customer wants to set up a regular transfer of EUR100 to a friend on 15th of each month. How can this be set up (Select one answer)