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  • Total Questions: 82
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SAP C_P2WFI_2023 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Asset Accounting11% - 20%- Create and maintain asset master data
- Configure depreciation areas and keys
- Perform asset transactions
Topic 2: Organizational Assignments and Process Integration11% - 20%- Configure validations and document types
- Utilize reporting tools and manage number ranges
- Manage organizational units and currencies
Topic 3: Overview and Deployment of SAP S/4HANA<= 10%- Explain SAP HANA architecture
- Describe SAP S/4HANA scope and deployment options
Topic 4: Financial Closing Operations11% - 20%- Manage accruals and deferrals
- Perform month and year-end closing in Financial Accounting
- Handle foreign currency valuations
Topic 5: General Ledger Accounting> 20%- Post journal entries and adjustments
- Create and maintain general ledger accounts
- Manage profit centers and segments
Topic 6: Accounts Payable & Accounts Receivable11% - 20%- Manage payment processes and dunning
- Handle credit management
- Process vendor and customer invoices

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

1. What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.

A) It must be linked to leading ledger OL.
B) It must be defined as a cost accounting valuation area type.
C) It cannot take over values from other areas.
D) It must always post in real time.


2. What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question.

A) The document type of the payment
B) The exclusion of disputed residual items from credit limit checks
C) The account where a residual item is posted
D) The type of payment notice sent to a customer
E) The special G/L indicator for the down payment


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


4. You define payment methods.
Which parameters do you define on the level of the company code? Note: There are 2 correct answers to this question.

A) Permitted Currencies
B) Payment Medium
C) Minimum maximum payment amounts
D) Foreign currency allowed


5. On what level can you restrict postings using the posting period variant? Note: There are 2 correct answers to this question.

A) G/L account
B) Fixed asset number
C) Supplier account
D) Customer reconciliation account


Solutions:

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

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