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

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

1. Your company based in France has a permanent establishment in Switzerl where financial statements are required by law.
Which organizational unit do you need to create for the permanent establishment in Switzerl?

A) Company code
B) Profit center
C) Business area
D) Segment

2. Where can you see the matching results from the Intercompany Matching Reconciliation tool?

A) In the Accounting Document Segment table (BSEG)
B) In the Consolidation Journal table (ACDOCU)
C) In an application specific table (ICADOCM)
D) In the Universal Journal table (ACDOCA)

3. You have activated the WBS Element (not related to Investment Management) as an account assignment for asset accounting with the parameters "balance sheet" "identical" active.
What are the consequences? Note: There are 2 correct answers to this question.

A) The WBS Element can no longer be changed in the asset master record once the asset is capitalized.
B) The WBS Element is available for input in the asset master record.
C) The WBS Element from the asset master data can be changed during planned depreciation posting.
D) The WBS Element cannot be used anymore for settlement.

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

5. What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.

A) It must always post in real time.
B) It cannot take over values from other areas.
C) It must be defined as a cost accounting valuation area type.
D) It must be linked to leading ledger OL.

Solutions: