SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting - C-P2WFI-2023 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

On what level can you restrict postings using the posting period variant? Note: There are 2 correct answers to this question.

A. G/L account B. Customer reconciliation account C. Fixed asset number D. Supplier account

Discussion 0

Correct Answer: A,D Vote an answer

Question 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

Discussion 0

Correct Answer: C Vote an answer

Question 3

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.

Discussion 0

Correct Answer: B,C Vote an answer

Question 4

What are the consequences of the activation of segment reporting in Asset Accounting? Note: There are 2 correct answers to this question.

A. The segment appears in the screen layout for asset master data. B. The segment activation can be reversed. C. The segment is automatically updated in existing asset master data. D. The segment appears in the additional account assignment configuration.

Discussion 0

Correct Answer: A,D Vote an answer

Question 5

Which parameters can you configure on the dunning level? Note: There are 2 correct answers to this question.

A. Days in arrears B. Interest indicator C. Payment deadline D. Line item grace period

Discussion 0

Correct Answer: A,C Vote an answer

Question 6

You are posting a general journal entry for your company code. After posting the entry you notice the document number is in the wrong number range.
After reversing the document what do you need to change when reposting the document?

A. Document number B. Assignment C. Posting key D. Document type

Discussion 0

Correct Answer: D Vote an answer

Question 7

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

Discussion 0

Correct Answer: A,D Vote an answer

Question 8

You want to post depreciation costs of one asset to two cost centers.
How do you do this?

A. You assign a statistical order in the asset master data which you settle periodically to two cost centers. B. You assign a real cost center a statistical cost center in the asset master data. C. You assign two real cost centers in the asset master data. D. You assign a real internal order in the asset master data which you settle periodically to two cost centers.

Discussion 0

Correct Answer: D Vote an answer

Question 9

The 3-way match is the stard procedure used to post procurement transactions in SAP S/4HAN How does it work?

A. The 3 logistical steps each generate financial documents. B. The invoice needs to be created in reference to the goods receipt. C. The goods receipt needs to be created in reference to the purchase order. D. The purchase order needs to be created in reference to a purchase request.

Discussion 0

Correct Answer: C Vote an answer