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"SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting", also known as C-P2WFI-2023 exam, is a SAP Certification. With the complete collection of questions and answers, PrepAwayTest has assembled to take you through 82 Q&As to your C-P2WFI-2023 Exam preparation. In the C-P2WFI-2023 exam resources, you will cover every field and category in SAP Certified Associate Certification helping to ready you for your successful SAP Certification.
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| Section | Weight | Objectives |
|---|---|---|
| Organizational Assignments and Process Integration | 11% - 20% | - Organizational units and their assignments - Integration between financial accounting components - Document types, number ranges and validations - Currencies and currency settings |
| Financial Closing Operations | 11% - 20% | - Intercompany reconciliation and consolidation preparation - Accruals and deferrals - Month-end and year-end closing activities - Foreign currency valuation and remeasurement |
| Managing Clean Core | <= 10% | - Extensibility options in SAP S/4HANA Cloud Private Edition - Clean core principles and implementation |
| Overview and Deployment of SAP S/4HANA | <= 10% | - SAP S/4HANA scope and deployment options - SAP HANA architecture |
| General Ledger Accounting | 11% - 20% | - Periodic processing and reporting - Chart of accounts and G/L account master data - Ledger concept and parallel accounting - Posting and document control |
| Accounts Payable & Accounts Receivable | 11% - 20% | - Invoice processing and payments - Credit management and dunning - Vendor and customer master data - Special G/L transactions and down payments |
| Asset Accounting | 11% - 20% | - Depreciation calculation and posting - Asset acquisitions, retirements and transfers - Asset reporting and year-end processing - Asset master data and depreciation areas |
Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting.
Which organizational unit do you need to define?
Correct Answer: B 🗳️
Which of the following organizational elements can be shared by several company codes? Note: There are 3 correct answers to this question.
Correct Answer: A,B,E 🗳️
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?
Correct Answer: A 🗳️
You run a financial statement report notice the net profit calculated is different than what you expect.
What could cause the issue? Note: There are 2 correct answers to this question.
Correct Answer: A,C 🗳️
What is the role of the valuation method in the foreign currency valuation? Note: There are 3 correct answers to this question.
Correct Answer: A,D,E 🗳️
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