C-P2WFI-2023 by SAP Actual Free Exam Q&As

Question 1

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

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

Discussion 0

Correct Answer: B,C,E Vote an answer

Question 2

You are entering a credit memo in Financial Accounting are wondering why the entered payment terms are being ignored.
What are the reasons? Note: There are 2 correct answers to this question.

A. The credit memo was created without reference to an invoice. B. The credit memo was entered in Financial Accounting. C. The due date determined based on the entered payment terms is in the past. D. The field "Reference" of the credit memo is blank.

Discussion 0

Correct Answer: A,B Vote an answer

Question 3

What separates the leading ledger from other parallel stard ledgers?

A. It is used to represent the group valuation. B. It is assigned to all company codes. C. It is used for performing segment reporting. D. It doesn't derive values from other ledgers.

Discussion 0

Correct Answer: D Vote an answer

Question 4

You define the technical clearing account for Integrated Asset Acquisition in Customizing.
Which prerequisites must be met? Note: There are 2 correct answers to this question.

A. The account is defined as a reconciliation account for fixed assets. B. The account is defined in the account determination for each asset class. C. The account is defined as open item managed. D. The account is a balance sheet account.

Discussion 0

Correct Answer: A,D Vote an answer

Question 5

Which of the following API types does SAP recommend to use to achieve clean core integrations? Note: There are 2 correct answers to this question.

A. RFC B. SOAP C. IDoc D. OData

Discussion 0

Correct Answer: B,D Vote an answer

Question 6

You have made an agreement with a customer to guarantee an amount of EUR 10000.
What is the result of recording this guarantee in SAP S/4HANA?

A. Two statistical line items B. One statistical line item C. Two noted items D. One noted item

Discussion 0

Correct Answer: B Vote an answer

Question 7

What are the consequences of the activation of segment reporting in Asset Accounting? Note: There are 2 correct answers to this question.

A. The segment activation can be reversed. B. The segment is automatically updated in existing asset master data. C. The segment appears in the screen layout for asset master data. D. The segment appears in the additional account assignment configuration.

Discussion 0

Correct Answer: C,D Vote an answer

Question 8

You want to post depreciation costs of one asset to two cost centers.
How do you do this?

A. You assign a real cost center a statistical cost center in the asset master data. B. You assign two real cost centers in the asset master data. C. You assign a statistical order in the asset master data which you settle periodically to two cost centers. D. You assign a real internal order in the asset master data which you settle periodically to two cost centers.

Discussion 0

Correct Answer: D Vote an answer

Question 9

You are implementing the Financial Closing Cockpit for your organization.
What are the advantages of defining task groups? Note: There are 2 correct answers to this question.

A. It allows cross task list execution of tasks. B. It allows cross template maintenance. C. It allows cross task list monitoring of task status. D. It covers multiple companies with same or similar tasks.

Discussion 0

Correct Answer: B,D Vote an answer

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