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

QUESTION NO: 1
You try to assign an alternative account to a G/L account but receive an error message.
What can be the reason?

A. You have not assigned the alternative chart of accounts to your company. B. The alternative account is already assigned to another G/L account for the company code. C. You have not assigned the alternative chart of accounts to your operational chart of accounts. D. The alternative account has not been created for the company code.

Correct Answer: B

QUESTION NO: 2
You define payment methods.
Which parameters do you define on the level of the company code? Note: There are 2 correct answers to this question.

A. Permitted Currencies B. Minimum maximum payment amounts C. Payment Medium D. Foreign currency allowed

Correct Answer: B,D

QUESTION NO: 3
Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this question.

A. 10 = Company code currency B. 00 = Document currency C. 20 = Controlling area currency D. 30 = Group currency

Correct Answer: A,B

QUESTION NO: 4
From which G/L account types are values shown in the profit loss (P&L) statement? Note: There are 3 correct answers to this question.

A. Cash Account B. Balance Sheet Account C. Primary Costs or Revenue D. Non-operating Expense or Income E. Secondary Costs

Correct Answer: C,D,E

QUESTION NO: 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 fixed assets (using direct capitalization method) B. Purchase of consumable materials C. Purchase of services D. Purchase of raw materials for inventory

Correct Answer: A,C

QUESTION NO: 6
Which component of the Intelligent Enterprise allows customers to discover deploy vertical solutions from SAP partners?

A. Industry Cloud B. Intelligent Suite C. Experience Management D. Business Network

Correct Answer: A

QUESTION NO: 7
On which levels can you define the technical clearing account for Integrated Asset Acquisition in Customizing? Note: There are 2 correct answers to this question.

A. Chart of Accounts B. Asset Class C. Depreciation area D. Account determination

Correct Answer: A,B

QUESTION NO: 8
At which level do you define functional areas?

A. Client B. Company code C. Controlling area D. Financial statement version

Correct Answer: C

QUESTION NO: 9
On which levels do you define FI-AA account determination? Note: There are 2 correct answers to this question.

A. Client B. Chart of accounts C. Company code D. Chart of depreciation

Correct Answer: B,D

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