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SAP C_P2WFI_2023 Exam Syllabus Topics:

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

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

How would you define Intercompany Matching Reconciliation (ICMR)? Note: There are 2 correct answers to this question.

  • A. It is a solution that can be integrated with Group Reporting.
  • B. It is a solution that facilitates transaction matching between systems in Central Finance.
  • C. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
  • D. It is a solution embedded in the SAP S/4HANA core.
Reveal Solution  Discussion  0

Correct Answer: B,D  🗳️

What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question.

  • A. The account where a residual item is posted
  • B. The exclusion of disputed residual items from credit limit checks
  • C. The document type of the payment
  • D. The type of payment notice sent to a customer
  • E. The special G/L indicator for the down payment
Reveal Solution  Discussion  0

Correct Answer: A,B,D  🗳️

You want to post a reversal for a document posted in a closed posting period.
Which object do you configure to allow you to enter the reversal with a date different from the original document?

  • A. Reversal reason
  • B. Company code
  • C. Reversal method
  • D. Document type
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

You define payment methods.
Which parameters do you define on the level of the company code? Note: There are 2 correct answers to this question.

  • A. Foreign currency allowed
  • B. Permitted Currencies
  • C. Payment Medium
  • D. Minimum maximum payment amounts
Reveal Solution  Discussion  0

Correct Answer: A,D  🗳️

What separates the leading ledger from other parallel stard ledgers?

  • A. It is used to represent the group valuation.
  • B. It is used for performing segment reporting.
  • C. It is assigned to all company codes.
  • D. It doesn't derive values from other ledgers.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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