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SAP C-P2WFI-2023 Exam Syllabus Topics:

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

1. As a pre-closing activity selected suppliers are to confirm their balances.
Which confirmation procedure do you use when a response is expected only in case of discrepancies?

A) Balance request
B) Balance notification
C) Account statement
D) Balance confirmation

2. Your company follows IFRS accounting principles needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".
What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answers to this question.

A) Business areas
B) Document splitting
C) Segments
D) Profit centers
E) Profitability segments

3. Your organization has heard about SAP Intercompany Matching Reconciliation (ICMR) is wondering whether it could address their needs.
For which purposes can ICMR be useful? Note: There are 2 correct answers to this question.

A) To generate automatic elimination of intercompany AR/AP balances
B) To generate automatic posting to correct intercompany discrepancy
C) To trigger elimination of intercompany revenues & costs based on rules configured
D) To highlight solve intercompany data discrepancy triggering a workflow

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

5. You want to implement purchase order accruals in SAP S/4HAN
Which of the following use cases are relevant? Note: There are 2 correct answers to this question.

A) Purchase of services
B) Purchase of consumable materials
C) Purchase of raw materials for inventory
D) Purchase of fixed assets (using direct capitalization method)

Solutions: