C-P2WFI-2023 Practice Materials: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting & C-P2WFI-2023 Test King & C-P2WFI-2023 Test Questions

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| Section | Weight | Objectives |
|---|
| Topic 1: Managing Clean Core | <= 10% | - Clean core principles and implementation - Extensibility options in SAP S/4HANA Cloud Private Edition
|
| Topic 2: Asset Accounting | 11% - 20% | - Asset acquisitions, retirements and transfers - Asset master data and depreciation areas - Depreciation calculation and posting - Asset reporting and year-end processing
|
| Topic 3: Organizational Assignments and Process Integration | 11% - 20% | - Organizational units and their assignments - Integration between financial accounting components - Currencies and currency settings - Document types, number ranges and validations
|
| Topic 4: Financial Closing Operations | 11% - 20% | - Accruals and deferrals - Month-end and year-end closing activities - Foreign currency valuation and remeasurement - Intercompany reconciliation and consolidation preparation
|
| Topic 5: General Ledger Accounting | 11% - 20% | - Ledger concept and parallel accounting - Periodic processing and reporting - Posting and document control - Chart of accounts and G/L account master data
|
| Topic 6: Overview and Deployment of SAP S/4HANA | <= 10% | - SAP S/4HANA scope and deployment options - SAP HANA architecture
|
| Topic 7: Accounts Payable & Accounts Receivable | 11% - 20% | - Special G/L transactions and down payments - Credit management and dunning - Vendor and customer master data - Invoice processing and payments
|
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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q72-Q77):
NEW QUESTION # 72
Your system uses parallel currencies.
What is the posting indicator of the depreciation area for the parallel currency?
- A. Posts to G/L periodically
- B. Posts APC real time depreciation periodically
- C. Does not post to G/L
- D. Posts to G/L in real time
Answer: A
NEW QUESTION # 73
You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your S S/4HANA system in a single client. The others use separate legacy systems. How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?
Answer: A
NEW QUESTION # 74
You are implementing the Financial Closing Cockpit for your organization.
What are the advantages of defining task groups? Note: There are 2 correct answers to this question.
- A. It allows cross template maintenance.
- B. It allows cross task list execution of tasks.
- C. It allows cross task list monitoring of task status.
- D. It covers multiple companies with same or similar tasks.
Answer: A,D
NEW QUESTION # 75
Where do you assign the currency type?
- A. Company
- B. Valuation area
- C. Accounting principle
- D. Ledger
Answer: D
NEW QUESTION # 76
On which level do you maintain the currency translation ratio between two currencies?
- A. Document type
- B. Valuation type
- C. Exchange rate type
- D. Currency type
Answer: C
NEW QUESTION # 77
......
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