I just took my C_P2WFI_2023 exam and passed it!Thank you!
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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 |
|---|---|---|
| Topic 1: General Ledger Accounting | 11% - 20% | - Chart of accounts and G/L account master data - Periodic processing and reporting - Posting and document control - Ledger concept and parallel accounting |
| Topic 2: Financial Closing Operations | 11% - 20% | - Intercompany reconciliation and consolidation preparation - Month-end and year-end closing activities - Accruals and deferrals - Foreign currency valuation and remeasurement |
| Topic 3: Asset Accounting | 11% - 20% | - Asset acquisitions, retirements and transfers - Depreciation calculation and posting - Asset master data and depreciation areas - Asset reporting and year-end processing |
| Topic 4: Accounts Payable & Accounts Receivable | 11% - 20% | - Credit management and dunning - Special G/L transactions and down payments - Vendor and customer master data - Invoice processing and payments |
| Topic 5: Managing Clean Core | <= 10% | - Clean core principles and implementation - Extensibility options in SAP S/4HANA Cloud Private Edition |
| Topic 6: Organizational Assignments and Process Integration | 11% - 20% | - Document types, number ranges and validations - Organizational units and their assignments - Integration between financial accounting components - Currencies and currency settings |
| Topic 7: Overview and Deployment of SAP S/4HANA | <= 10% | - SAP HANA architecture - SAP S/4HANA scope and deployment options |
1. Which object is used to directly support the preparation for consolidation?
A) Functional Areas
B) Segments/Profit Centers
C) Ledgers/Ledger Groups
D) Company/Trading Partner
2. 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 is available for input in the asset master record.
B) The WBS Element from the asset master data can be changed during planned depreciation posting.
C) The WBS Element cannot be used anymore for settlement.
D) The WBS Element can no longer be changed in the asset master record once the asset is capitalized.
3. You are trying to extend a G/L account to a new company code but are getting an error for incomplete data. All customizable fields have been set to option in the field status. Which fields must you always maintain when extending a G/L account? Note: There are 2 correct answers to this question.
A) Account currency
B) Field status group
C) Sort key
D) Account number
4. You post an incoming payment from a customer with a residual item for a payment difference.
What are the consequences? Note: There are 2 correct answers to this question.
A) The residual item is written off to a cost account.
B) Both the original open item the residual item remain on the account as open items.
C) The residual item becomes a new receivable.
D) The original document the payment are cleared.
5. Which of the following can you use to explore released APIs?
A) SAP Business Accelerator Hub
B) SAP Application Interface Framework
C) SAP Integration Suite
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,B | Question # 3 Answer: A,B | Question # 4 Answer: B,C | Question # 5 Answer: A |
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