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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting (C_P2WFI_2023) Free Practice Test

Question 1
Where do you assign the currency type?

Correct Answer: D
Question 2
At which level do you define functional areas?

Correct Answer: A
Question 3
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?

Correct Answer: C
Question 4
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?

Correct Answer: D
Question 5
You try to create a G/L account but you get an error because the account number is not in the accepted range.
Which object do you need to customize to extend the number range?

Correct Answer: D
Question 6
What does the fiscal year variant define? Note: There are 2 correct answers to this question.

Correct Answer: B,D
Question 7
On which levels do you define FI-AA account determination? Note: There are 2 correct answers to this question.

Correct Answer: A,B
Question 8
On what level can you restrict postings using the posting period variant? Note: There are 2 correct answers to this question.

Correct Answer: A,D
Question 9
Which object is used to directly support the preparation for consolidation?

Correct Answer: C