SAP EDUCATION SAMPLE QUESTIONS: C_FSIINS_66. Questions

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1 SAP EDUCATION SAMPLE QUESTIONS: C_FSIINS_66 SAP Certified Application Associate - SAP for Insurance ERP 6.0, EHP6 Disclaimer: These sample questions are for self-evaluation purposes only and do not appear on the actual certification exams. Answering the sample questions correctly is no guarantee that you will pass the certification exam. The certification exam covers a much broader spectrum of topics, so do make sure you have familiarized yourself with all topics listed in the exam competency areas before taking the certification exam. Questions 1. Which of the following parties can report a claim that is created in the SAP for Insurance Claims Management claim file? a) O o Insured Third parties b) O o Insurer Third parties c) O o Insured Insurer d) O o Insured Attorney/Lawyer 2. What is the definition of the Business Rule Framework? a) O It is a tool to update screens in SAP for Insurance Claims Management. b) O It is an SAP stand-alone standard insurance industry solution. c) O It is an event-controlled runtime environment in which the system processes certain rules. d) O It is the rule used to extract data to SAP NetWeaver Business Warehouse. 3. What can you achieve with the parallel processing technology (PPT) in SAP Collections and Disbursements for Insurance?

2 a) O Reduce processing time during the creation of master data. b) O Improve runtime performance. c) O Reduce processing time during mass processes of subledger items d) O Distribute the processes to various machines based on insurance contracts. 4. Which of the following activities are possible in payment lot processing? a) O Payment lot items can be added to a closed lot b) O Only closed payment lots can be posted c) O Existing payment lot items can never be changed in a closed lot d) O Closed payment lots can be reopened 5. Which of the following steps are valid for the initial setup of SAP Incentive and Commission Management (SAP ICM)? a) O Create an organizational hierarchy for SAP ICM. b) O Design the commission application in the application construction tool. c) O Select the kernel package for SAP ICM. d) O Create a commission contract for a commission recipient.

3 e) O Define the application name in the Implementation Guide. 6. Which of the following are layers of the architecture of SAP Policy Management? a) O Process layer b) O Integration layer c) O Product layer d) O Object layer e) O Channel layer 7. What does the Structured Fact Capture category indicate? a) O The type of questions allowed to be used in SAP for Insurance Claims Management. b) O The place where the Business Rules Framework action for the question is assigned. c) O The place in SAP for Insurance Claims Management where you can enter additional details using questions. d) O The place where the question sequence is assigned to the internal claim type. 8. Which objects must you customize to create the SAP Claims Management claim recovery functionality for subrogation? a) O A subclaim with at least one payments node

4 b) O The liability rate c) O The benefit types d) O The compensation calculation for limits e) O The claim header with at least one node 9. Which of the following steps are automatically processed by the object wizard? a) O Create new database tables b) O Create channel models c) O Create process models d) O Create subcontroller nodes 10. Which of the following liability functions is set as the default value in SAP Incentive and Commission Management for Insurance? a) O Liability SUM b) O Liability AVG c) O Liability FIFO d) O Liability LIFO

5 Solutions 1 a) Correct 2 a) Incorrect 3 a) Incorrect 4 a) Incorrect 5 a) Incorrect 1 b) Incorrect 2 b) Incorrect 3 b) Correct 4 b) Correct 5 b) Correct 1 c) Incorrect 2 c) Correct 3 c) Correct 4 c) Incorrect 5 c) Correct 1 d) Incorrect 2 d) Incorrect 3 d) Incorrect 4 d) Correct 5 d) Incorrect 5 e) Correct 6 a) Correct 7 a) Incorrect 8 a) Correct 9 a) Incorrect 10 a) Incorrect 6 b) Incorrect 7 b) Incorrect 8 b) Incorrect 9 b) Correct 10 b) Incorrect 6 c) Incorrect 7 c) Correct 8 c) Correct 9 c) Incorrect 10 c) Incorrect 6 d) Correct 7 d) Incorrect 8 d) Incorrect 9 d) Correct 10 d) Correct 6 e) Correct 8 e) Correct Want to learn more? Contact SAP for more information.

1. You want to save your previous standard cost center hierarchy from 2015 for reporting purposes and create a new one for 2016.

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