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SAP C_P2WFI_2023 Exam Syllabus Topics:

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

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

                                  Question 1

                                  What separates the leading ledger from other parallel stard ledgers?

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


                                  Question 2

                                  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. Profitability segments
                                  B. Segments
                                  C. Business areas
                                  D. Profit centers
                                  E. Document splitting


                                  Question 3

                                  Which object is used to directly support the preparation for consolidation?

                                  A. Ledgers/Ledger Groups
                                  B. Company/Trading Partner
                                  C. Segments/Profit Centers
                                  D. Functional Areas


                                  Question 4

                                  You have activated the WBS Element (not related to Investment Management) as an account assignment for asset accounting with the parameters "balance sheet" "identical" active.
                                  What are the consequences? Note: There are 2 correct answers to this question.

                                  A. The WBS Element cannot be used anymore for settlement.
                                  B. The WBS Element is available for input in the asset master record.
                                  C. The WBS Element can no longer be changed in the asset master record once the asset is capitalized.
                                  D. The WBS Element from the asset master data can be changed during planned depreciation posting.


                                  Question 5

                                  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. Profit center
                                  B. Segment
                                  C. Business area
                                  D. Company code


                                  Solutions:

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

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