SAP C_P2WFI_2023 - SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting First-grade Certification

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SAP C_P2WFI_2023 Exam Syllabus Topics:

Section	Objectives
Topic 1: Financial Accounting in SAP S/4HANA Cloud Private Edition	- Asset Accounting 1. Asset master data management 2. Depreciation calculation 3. Asset acquisition and retirement - Accounts Payable 1. Automatic payment programs 2. Invoice processing and payments 3. Vendor master data - General Ledger Accounting 1. Journal entries and postings 2. Chart of accounts and account determination 3. Financial statements and reporting - Closing Operations 1. Year-end closing activities 2. Month-end closing activities - Accounts Receivable 1. Dunning processes 2. Incoming payments and clearing 3. Customer master data - SAP S/4HANA Finance Integration 1. Integration with logistics processes 2. Integration with controlling (CO)

Section

Objectives

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

- Asset Accounting

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

- Accounts Payable

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

- General Ledger Accounting

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

- Closing Operations

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

- Accounts Receivable

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

- SAP S/4HANA Finance Integration

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

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q41-Q46):

NEW QUESTION # 41
Where do you assign the group chart of accounts?

A. Company
B. Operating chart of accounts
C. Company code
D. General ledger account

Answer: B

NEW QUESTION # 42
What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question.

A. It provides data management analytics.
B. It supports customers in understing their stakeholder's needs.
C. It helps customers to collaborate to build flexible value chains.
D. It supports application development integration.

Answer: A,D

NEW QUESTION # 43
You need to explain the concept of noted items in SAP S/4HAN
Which characteristics are specific to noted items? Note: There are 3 correct answers to this question.

A. They generate statistical postings.
B. They are managed as open items on customer vendor accounts.
C. They can be accessed by the payment program the dunning program.
D. They update the general ledger in Entry View only.
E. They generate postings that do not balance.

Answer: A,B,E

NEW QUESTION # 44
When defining a new stard ledger which action must you take to manually post a general journal entry to it?

A. Assign a chart of accounts to the ledger
B. Define the underlying ledger
C. Assign the ledger to a company code
D. Include the ledger in a ledger group

Answer: C

NEW QUESTION # 45
Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.

A. 30 = Group currency
B. 10 = Company code currency
C. 00 = Document currency
D. 60 = Global company currency
E. 40 = Hard currency

Answer: A,B,D

NEW QUESTION # 46
......

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