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

Which of the following organizational elements can be shared by several company codes? Note: There are 3 correct answers to this question.

Correct Answer: B,C,D Vote an answer
On what level can you restrict postings using the posting period variant? Note: There are 2 correct answers to this question.

Correct Answer: B,C Vote an answer
Where do you assign the group chart of accounts?

Correct Answer: B Vote an answer
Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting.
Which organizational unit do you need to define?

Correct Answer: C Vote an answer
SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA? Note: There are 3 correct answers to this question.

Correct Answer: A,B,D Vote an answer
Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.

Correct Answer: A,C,E Vote an answer
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.

Correct Answer: A,C,E Vote an answer
In the stard sales process when is the COGS posting generated in Financial Accounting?

Correct Answer: A Vote an answer
Your system uses parallel currencies.
What is the posting indicator of the depreciation area for the parallel currency?

Correct Answer: A Vote an answer

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