• Exam Code: C-P2WFI-2023
  • Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
  • Certification Provider: SAP
  • Corresponding Certification:SAP Certified Associate
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SAP C-P2WFI-2023 Exam Syllabus Topics:

SectionWeightObjectives
Financial Closing Operations11% - 20%- Handle foreign currency valuations
- Manage accruals and deferrals
- Perform month and year-end closing in Financial Accounting
Overview and Deployment of SAP S/4HANA<= 10%- Explain SAP HANA architecture
- Describe SAP S/4HANA scope and deployment options
Asset Accounting11% - 20%- Create and maintain asset master data
- Perform asset transactions
- Configure depreciation areas and keys
Accounts Payable & Accounts Receivable11% - 20%- Process vendor and customer invoices
- Handle credit management
- Manage payment processes and dunning
Organizational Assignments and Process Integration11% - 20%- Configure validations and document types
- Utilize reporting tools and manage number ranges
- Manage organizational units and currencies
General Ledger Accounting> 20%- Create and maintain general ledger accounts
- Manage profit centers and segments
- Post journal entries and adjustments

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

1. The SAP Business Network helps customers digitalize cross-company business processes.
On which solutions does the network build? Note: There are 3 correct answers to this question.

A) Sales
B) Travel
C) Human Capital Management
D) Contingent Workforce
E) Procurement


2. Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question.

A) Line item valuation for balance sheet accounts not defined as reconciliation account
B) Line item valuation for balance sheet accounts defined as open item management
C) Balance valuation on items for balance sheet accounts not defined as open item management
D) Balance valuation on items for balance sheet accounts defined with ledger group specific open item management


3. You try to assign an alternative account to a G/L account but receive an error message.
What can be the reason?

A) The alternative account is already assigned to another G/L account for the company code.
B) You have not assigned the alternative chart of accounts to your company.
C) The alternative account has not been created for the company code.
D) You have not assigned the alternative chart of accounts to your operational chart of accounts.


4. Your system uses parallel currencies.
What is the posting indicator of the depreciation area for the parallel currency?

A) Posts to G/L in real time
B) Does not post to G/L
C) Posts to G/L periodically
D) Posts APC real time depreciation periodically


5. You want to assign your 3 newly created company codes to the same controlling area.
Which settings must be common to all the company codes? Note: There are 2 correct answers to this question.

A) Operating chart of accounts
B) Source currency for group currency
C) Posting period variant
D) Fiscal year variant


Solutions:

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

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