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SAP C-P2WFI-2023 Exam Syllabus Topics:

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

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

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


                                  2. What does the fiscal year variant define? Note: There are 2 correct answers to this question.

                                  A) The number of posting periods
                                  B) The authorization to post to special periods
                                  C) The start end date of posting periods
                                  D) The posting periods open for posting


                                  3. Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers to this question.

                                  A) Periodic inventory method
                                  B) Cycle counting method
                                  C) Stard inventory method
                                  D) Continuous inventory method
                                  E) Actual inventory method


                                  4. 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) Posting key
                                  B) Document number
                                  C) Assignment
                                  D) Document type


                                  5. You have cleared a customer open item but want to undo this action.
                                  What are the available options? Note: There are 2 correct answers to this question.

                                  A) Reverse the clearing document
                                  B) Reset the clearing document
                                  C) Repost the clearing document
                                  D) Reset reverse the clearing document


                                  Solutions:

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

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