SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting : C-P2WFI-2023

  • Exam Code: C-P2WFI-2023
  • Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
  • Q & A: 82 Questions and Answers

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SAP C-P2WFI-2023 Exam Syllabus Topics:

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

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

                                  Question 1

                                  Which component of the Intelligent Enterprise allows customers to discover deploy vertical solutions from SAP partners?

                                  A. Experience Management
                                  B. Industry Cloud
                                  C. Business Network
                                  D. Intelligent Suite


                                  Question 2

                                  What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question.

                                  A. It supports application development integration.
                                  B. It provides data management analytics.
                                  C. It helps customers to collaborate to build flexible value chains.
                                  D. It supports customers in understing their stakeholder's needs.


                                  Question 3

                                  You have made an agreement with a customer to guarantee an amount of EUR 10000.
                                  What is the result of recording this guarantee in SAP S/4HANA?

                                  A. One statistical line item
                                  B. Two noted items
                                  C. Two statistical line items
                                  D. One noted item


                                  Question 4

                                  Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question.

                                  A. Balance valuation on items for balance sheet accounts not defined as open item management
                                  B. Line item valuation for balance sheet accounts defined as open item management
                                  C. Line item valuation for balance sheet accounts not defined as reconciliation account
                                  D. Balance valuation on items for balance sheet accounts defined with ledger group specific open item management


                                  Question 5

                                  On which level do you maintain the currency translation ratio between two currencies?

                                  A. Valuation type
                                  B. Document type
                                  C. Exchange rate type
                                  D. Currency type


                                  Solutions:

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

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