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

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 currency
C) Sort key
D) Account number

3. You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting should then be reversed.
What account does the system use to post the valuation differences?

A) Individual supplier accounts with special G/L indicator
B) Alternative reconciliation G/L account
C) Adjustment G/L account for foreign currency
D) Supplier reconciliation G/L account

4. 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 confirmation
B) Account statement
C) Balance request
D) Balance notification

5. Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting.
Which organizational unit do you need to define?

A) Segment
B) Functional area
C) Profit center
D) Business area

Solutions: