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SAP C-P2WFI-2023 Exam Syllabus Topics:

Section

Objectives

Topic 1: Financial Accounting in SAP S/4HANA Cloud Private Edition

- Closing Operations

1. Year-end closing activities
2. Month-end closing activities

- SAP S/4HANA Finance Integration

1. Integration with controlling (CO)
2. Integration with logistics processes

- General Ledger Accounting

1. Journal entries and postings
2. Chart of accounts and account determination
3. Financial statements and reporting

- Accounts Payable

1. Invoice processing and payments
2. Automatic payment programs
3. Vendor master data

- Asset Accounting

1. Asset master data management
2. Depreciation calculation
3. Asset acquisition and retirement

- Accounts Receivable

1. Dunning processes
2. Incoming payments and clearing
3. Customer master data

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

Question #1

What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.

A. Define roles responsibilities as part of a process transformation office.
B. Establish release management.
C. Establish an organizational structure technical foundation transformation methodology for clean core.
D. Establish regular housekeeping tasks procedures.
E. Integrate clean core practices in the end-to-end value process chain.

Reveal Solution Discussion 0

Correct Answer: A,B,C 🗳️

Question #2

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.

A. You have added an account to the wrong node it is included in the assets section.
B. You have accounts that you have not assigned in the financial statement version.
C. You selected account group assignment by balance for an account it is displayed as a liability.
D. You have added an account to the liabilities node that belongs to the financial statement notes.

Reveal Solution Discussion 0

Correct Answer: B,D 🗳️

Question #3

Which of the following API types does SAP recommend to use to achieve clean core integrations? Note: There are 2 correct answers to this question.