Quiz Latest C-P2WFI-2023 - Certification SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Test Answers

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| Section | Weight | Objectives |
|---|
| Topic 1: General Ledger Accounting | 11% - 20% | - Posting and document control - Chart of accounts and G/L account master data - Ledger concept and parallel accounting - Periodic processing and reporting
|
| Topic 2: Asset Accounting | 11% - 20% | - Asset acquisitions, retirements and transfers - Asset reporting and year-end processing - Asset master data and depreciation areas - Depreciation calculation and posting
|
| Topic 3: Organizational Assignments and Process Integration | 11% - 20% | - Integration between financial accounting components - Document types, number ranges and validations - Organizational units and their assignments - Currencies and currency settings
|
| Topic 4: Overview and Deployment of SAP S/4HANA | <= 10% | - SAP S/4HANA scope and deployment options - SAP HANA architecture
|
| Topic 5: Financial Closing Operations | 11% - 20% | - Foreign currency valuation and remeasurement - Intercompany reconciliation and consolidation preparation - Accruals and deferrals - Month-end and year-end closing activities
|
| Topic 6: Managing Clean Core | <= 10% | - Extensibility options in SAP S/4HANA Cloud Private Edition - Clean core principles and implementation
|
| 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 (Q15-Q20):
NEW QUESTION # 15
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. Foreign currency allowed
- B. Permitted Currencies
- C. Minimum maximum payment amounts
- D. Payment Medium
Answer: A,C
NEW QUESTION # 16
Which SAP Fiori apps can be run on any database? Note: There are 2 correct answers to this question.
- A. Make Bank Transfers
- B. Customer Accounting Document
- C. Accounts Payable Overview
- D. Manage Chart of Accounts
Answer: A,D
NEW QUESTION # 17
How would you define Intercompany Matching Reconciliation (ICMR)? Note: There are 2 correct answers to this question.
- A. It is a solution embedded in the SAP S/4HANA core.
- B. It is a solution that can be integrated with Group Reporting.
- C. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
- D. It is a solution that facilitates transaction matching between systems in Central Finance.
Answer: A,D
NEW QUESTION # 18
You are entering a credit memo in Financial Accounting are wondering why the entered payment terms are being ignored.
What are the reasons? Note: There are 2 correct answers to this question.
- A. The field "Reference" of the credit memo is blank.
- B. The due date determined based on the entered payment terms is in the past.
- C. The credit memo was entered in Financial Accounting.
- D. The credit memo was created without reference to an invoice.
Answer: C,D
NEW QUESTION # 19
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 cannot be used anymore for settlement.
- B. The WBS Element is available for input in the asset master record.
- C. The WBS Element from the asset master data can be changed during planned depreciation posting.
- D. The WBS Element can no longer be changed in the asset master record once the asset is capitalized.
Answer: B,C
NEW QUESTION # 20
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