Knowledge quiz

It's time to put what you've learned to the test, get 8 right to pass this week.

What is the SAP solution that can support plastic tax needs?

Choose the correct answer.

SAP Profitability and Performance Management

SAP Enterprise Resource Planning

SAP Responsible Design and Production

SAP Risk and Assurance Management

What are some of the capabilities of SAP’s circular economy solutions?

There are two correct answers.

Enable design for circularity with upstream and downstream insights

Calculate scope 3 emissions across the supply chain

Planning the future with actionable insights, forecasts and setting targets

Understand the implications of regulations on materials to optimize resource use

What are some of the key guiding points when preparing for an SAP S/4HANA Tax implementation?

There are three correct answers.

Get really clear on the vision and roadmap for the new Tax function.

Disregard the imagine/design phase as this is not an important stage.

Ensure that you have the right Tax support.

Prioritize either localization or standardization.

Understand the demands on your people and have backfill options where needed.

Which of the following solutions are relevant for tax?

There are three correct answers.

SAP Profitability and Performance Management

SAP Service Cloud

SAP Risk and Assurance Management

SAP Document and Reporting Compliance

SAP Customer Relationship Management

Which of the following goods would typically attract health taxes?

There are three correct answers.

Alcohol

Tobacco

Dairy products

Sugary beverages

Tea and coffee

Approximately how many countries have pledged to significantly reduce the use of plastics by 2030 (according to UNEP)?

Choose the correct answer.

120

150

170

180

In the context of plastic packaging tax in the United Kingdom (UK), which of the following items is subject to the tax?

Choose the correct answer.

Plastic packaging with 15% of recycled content that was manufactured and used in Portugal

Plastic packaging with 50% of recycled content that was manufactured in Spain and then imported to the UK

Plastic packaging with 25% of recycled content that was manufactured in Portugal and then imported to the UK

Packaging with 60% of cardboard and 40% of virgin plastic

What are the focus points of SAP’s social responsibility solutions?

There are three correct answers.

Provide supply chain transparency to ensure human rights due diligence

Support immigration processes to enhance global talent mobility

Ensure product compliance, workforce health, and workplace safety

Provide equitable learning access and connect people to opportunities

Improve workforce understanding on climate strategies

What are some of the business implications of plastic taxes?

There are two correct answers.

Companies have to address additional data requirements and collect information from disparate sources.

Companies have to collect information on the emissions from manufacturing plastic packaging.

Companies are required to make their plastic packaging visually more appealing.

Companies need to manage different rulesets across markets to ensure local market compliance.

10.

What do you need to ensure future readiness for all reporting requirements, such as Pillar 2, operational transfer pricing, and indirect tax (ViDA)?

Choose the correct answer.

An SAP S/4HANA standard implementation

An SAP S/4HANA standard implementation with Tax fully scoped

The implementation of non-core transformation areas

The implementation of localized and standardized requirements