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SAP C-P2WFI-2023 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Financial Closing Operations11% - 20%- Handle foreign currency valuations
- Perform month and year-end closing in Financial Accounting
- Manage accruals and deferrals
Topic 2: Asset Accounting11% - 20%- Perform asset transactions
- Create and maintain asset master data
- Configure depreciation areas and keys
Topic 3: General Ledger Accounting> 20%- Create and maintain general ledger accounts
- Post journal entries and adjustments
- Manage profit centers and segments
Topic 4: Overview and Deployment of SAP S/4HANA<= 10%- Explain SAP HANA architecture
- Describe SAP S/4HANA scope and deployment options
Topic 5: Organizational Assignments and Process Integration11% - 20%- Manage organizational units and currencies
- Configure validations and document types
- Utilize reporting tools and manage number ranges
Topic 6: Accounts Payable & Accounts Receivable11% - 20%- Handle credit management
- Manage payment processes and dunning
- Process vendor and customer invoices

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

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. Balance valuation on items for balance sheet accounts defined with ledger group specific open item management
  • C. Balance valuation on items for balance sheet accounts not defined as open item management
  • D. Line item valuation for balance sheet accounts defined as open item management
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

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

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

Correct Answer: C,D  🗳️

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. Company code
  • B. Profit center
  • C. Segment
  • D. Business area
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

You try to create a G/L account but you get an error because the account number is not in the accepted range.
Which object do you need to customize to extend the number range?

  • A. Tolerance group
  • B. Account group
  • C. Chart of accounts
  • D. Account type
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

You post an incoming payment from a customer with a residual item for a payment difference.
What are the consequences? Note: There are 2 correct answers to this question.

  • A. The residual item is written off to a cost account.
  • B. Both the original open item the residual item remain on the account as open items.
  • C. The residual item becomes a new receivable.
  • D. The original document the payment are cleared.
Reveal Solution  Discussion  0

Correct Answer: B,C  🗳️

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