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SAP C_P2WFI_2023 Exam Syllabus Topics:

SectionObjectives
Topic 1: Financial Accounting in SAP S/4HANA Cloud Private Edition- Asset Accounting
  • 1. Asset master data management
    • 2. Asset acquisition and retirement
      • 3. Depreciation calculation
        - General Ledger Accounting
        • 1. Journal entries and postings
          • 2. Chart of accounts and account determination
            • 3. Financial statements and reporting
              - Accounts Payable
              • 1. Invoice processing and payments
                • 2. Automatic payment programs
                  • 3. Vendor master data
                    - Closing Operations
                    • 1. Month-end closing activities
                      • 2. Year-end closing activities
                        - SAP S/4HANA Finance Integration
                        • 1. Integration with controlling (CO)
                          • 2. Integration with logistics processes
                            - Accounts Receivable
                            • 1. Incoming payments and clearing
                              • 2. Dunning processes
                                • 3. Customer master data

                                  SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions:

                                  At which levels do you choose between direct indirect quotations? Note: There are 2 correct answers to this question.

                                  • A. Country
                                  • B. Client
                                  • C. Company code
                                  • D. Exchange rate type
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B,D  🗳️

                                  SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA? Note: There are 3 correct answers to this question.

                                  • A. Intercompany postings
                                  • B. Secondary costs resulting from an assessment
                                  • C. Budgeted costs for a cost center
                                  • D. Primary costs resulting from a distribution
                                  • E. Plan depreciation amounts
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,D,E  🗳️

                                  You are entering a credit memo in Financial Accounting are wondering why the entered payment terms are being ignored.
                                  What are the reasons? Note: There are 2 correct answers to this question.

                                  • A. The credit memo was entered in Financial Accounting.
                                  • B. The due date determined based on the entered payment terms is in the past.
                                  • C. The field "Reference" of the credit memo is blank.
                                  • D. The credit memo was created without reference to an invoice.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,D  🗳️

                                  How does the system determine the relevant accounting principle when performing foreign currency valuation?

                                  • A. Via the valuation class
                                  • B. Via the valuation method
                                  • C. Via the valuation area
                                  • D. Via the valuation type
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

                                  You are implementing the Financial Closing Cockpit for your organization.
                                  What are the advantages of defining task groups? Note: There are 2 correct answers to this question.

                                  • A. It allows cross task list execution of tasks.
                                  • B. It covers multiple companies with same or similar tasks.
                                  • C. It allows cross task list monitoring of task status.
                                  • D. It allows cross template maintenance.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B,D  🗳️

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