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SAP C_P2WFI_2023 Exam Syllabus Topics:

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

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

                                  Question 1

                                  What is the prerequisite for a G/L account to switch off open item management for it?

                                  A. It has not been posted to.
                                  B. It has no open items.
                                  C. It has been blocked against postings.
                                  D. It has a zero balance.


                                  Question 2

                                  You are trying to extend a G/L account to a new company code but are getting an error for incomplete data. All customizable fields have been set to option in the field status. Which fields must you always maintain when extending a G/L account? Note: There are 2 correct answers to this question.

                                  A. Field status group
                                  B. Account number
                                  C. Sort key
                                  D. Account currency


                                  Question 3

                                  Which of the following can you use to explore released APIs?

                                  A. SAP Application Interface Framework
                                  B. SAP Business Accelerator Hub
                                  C. SAP Integration Suite


                                  Question 4

                                  At which level do you define functional areas?

                                  A. Client
                                  B. Financial statement version
                                  C. Controlling area
                                  D. Company code


                                  Question 5

                                  You run the balance carry forward for your company code. When looking at the log you see there is an error with regards to Asset Accounting. What is the cause of the error?

                                  A. You have not posted depreciation completely.
                                  B. You have not run the settlement for your assets under construction.
                                  C. You have not closed the previous fiscal year.
                                  D. You have incomplete asset master records.


                                  Solutions:

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

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