SAP C-P2WFI-2023 : SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting

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

1. What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question.

A) The account where a residual item is posted
B) The special G/L indicator for the down payment
C) The document type of the payment
D) The exclusion of disputed residual items from credit limit checks
E) The type of payment notice sent to a customer

2. What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.

A) Integrate clean core practices in the end-to-end value process chain.
B) Define roles responsibilities as part of a process transformation office.
C) Establish an organizational structure technical foundation transformation methodology for clean core.
D) Establish regular housekeeping tasks procedures.
E) Establish release management.

3. 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.

4. What does the fiscal year variant define? Note: There are 2 correct answers to this question.

A) The authorization to post to special periods
B) The posting periods open for posting
C) The start end date of posting periods
D) The number of posting periods

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

Solutions: