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SAP C-P2WFI-2023 Exam Syllabus Topics:

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

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

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

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


                                  2. What do you configure for regrouping receivables payables?

                                  A) Provision Method
                                  B) Valuation Method
                                  C) Calculation Method
                                  D) Sort Method


                                  3. What separates the leading ledger from other parallel stard ledgers?

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


                                  4. 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) Chart of Accounts
                                  B) Asset Class
                                  C) Account determination
                                  D) Depreciation area


                                  5. You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting should then be reversed.
                                  What account does the system use to post the valuation differences?

                                  A) Adjustment G/L account for foreign currency
                                  B) Individual supplier accounts with special G/L indicator
                                  C) Supplier reconciliation G/L account
                                  D) Alternative reconciliation G/L account


                                  Solutions:

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

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