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

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

                                  Question #1

                                  Your company follows IFRS accounting principles needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".
                                  What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answers to this question.

                                  • A. Business areas
                                  • B. Profit centers
                                  • C. Document splitting
                                  • D. Profitability segments
                                  • E. Segments
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,B,E  🗳️

                                  Question #2

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

                                  • A. Actual inventory method
                                  • B. Continuous inventory method
                                  • C. Cycle counting method
                                  • D. Stard inventory method
                                  • E. Periodic inventory method
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B,C,E  🗳️

                                  Question #3

                                  Which SAP Fiori apps can be run on any database? Note: There are 2 correct answers to this question.

                                  • A. Customer Accounting Document
                                  • B. Accounts Payable Overview
                                  • C. Manage Chart of Accounts
                                  • D. Make Bank Transfers
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C,D  🗳️

                                  Question #4

                                  You need to explain the concept of noted items in SAP S/4HAN
                                  Which characteristics are specific to noted items? Note: There are 3 correct answers to this question.

                                  • A. They can be accessed by the payment program the dunning program.
                                  • B. They generate postings that do not balance.
                                  • C. They generate statistical postings.
                                  • D. They update the general ledger in Entry View only.
                                  • E. They are managed as open items on customer vendor accounts.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B,C,E  🗳️

                                  Question #5

                                  On which levels can you define the technical clearing account for Integrated Asset Acquisition in Customizing? Note: There are 2 correct answers to this question.

                                  • A. Asset Class
                                  • B. Chart of Accounts
                                  • C. Account determination
                                  • D. Depreciation area
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,B  🗳️

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