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SAP C-P2WFI-2023 Exam Syllabus Topics:

SectionObjectives
Financial Accounting in SAP S/4HANA Cloud Private Edition- Accounts Receivable
  • 1. Dunning processes
    • 2. Customer master data
      • 3. Incoming payments and clearing
        - SAP S/4HANA Finance Integration
        • 1. Integration with controlling (CO)
          • 2. Integration with logistics processes
            - Asset Accounting
            • 1. Depreciation calculation
              • 2. Asset acquisition and retirement
                • 3. Asset master data management
                  - Closing Operations
                  • 1. Month-end closing activities
                    • 2. Year-end closing activities
                      - 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

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

                                  1. Your company based in France has a permanent establishment in Switzerl where financial statements are required by law.
                                  Which organizational unit do you need to create for the permanent establishment in Switzerl?

                                  A) Business area
                                  B) Company code
                                  C) Profit center
                                  D) Segment


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

                                  A) Via the valuation type
                                  B) Via the valuation class
                                  C) Via the valuation method
                                  D) Via the valuation area


                                  3. At which levels can the print program its variant be assigned to the correspondence type? Note: There are 2 correct answers to this question.

                                  A) Company code
                                  B) System
                                  C) Client
                                  D) Company


                                  4. Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers to this question.

                                  A) Actual inventory method
                                  B) Cycle counting method
                                  C) Stard inventory method
                                  D) Periodic inventory method
                                  E) Continuous inventory method


                                  5. What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.

                                  A) Establish regular housekeeping tasks procedures.
                                  B) Establish release management.
                                  C) Integrate clean core practices in the end-to-end value process chain.
                                  D) Define roles responsibilities as part of a process transformation office.
                                  E) Establish an organizational structure technical foundation transformation methodology for clean core.


                                  Solutions:

                                  Question # 1
                                  Answer: B
                                  Question # 2
                                  Answer: C
                                  Question # 3
                                  Answer: A,B
                                  Question # 4
                                  Answer: B,D,E
                                  Question # 5
                                  Answer: B,D,E

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