[Oct 10, 2026] Get New C_P2WFI_2023 Certification – Valid Exam Dumps Questions
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NEW QUESTION # 13
What do you configure for regrouping receivables payables?
- A. Sort Method
- B. Provision Method
- C. Calculation Method
- D. Valuation Method
Answer: A
NEW QUESTION # 14
Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. 00 = Document currency
- B. 30 = Group currency
- C. 10 = Company code currency
- D. 20 = Controlling area currency
Answer: A,C
NEW QUESTION # 15
Which model can be used for ABAP cloud-native development?
- A. The ABAP Cloud Development Model
- B. ABAP RESTful Application Programming Model
- C. The SAP S/4HANA Cloud Extensibility Model
Answer: A
NEW QUESTION # 16
What is the role of the valuation method in the foreign currency valuation? Note: There are 3 correct answers to this question.
- A. Define the posting reversal date for the valuation posting
- B. Define the document type for the valuation posting
- C. Determine the exchange rate type
- D. Define the valuation procedure
- E. Determine the G/L accounts for the valuation posting
Answer: B,C,D
NEW QUESTION # 17
You want to assign your 3 newly created company codes to the same controlling area.
Which settings must be common to all the company codes? Note: There are 2 correct answers to this question.
- A. Source currency for group currency
- B. Fiscal year variant
- C. Operating chart of accounts
- D. Posting period variant
Answer: B,C
NEW QUESTION # 18
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 cannot be used anymore for settlement.
- B. The WBS Element from the asset master data can be changed during planned depreciation posting.
- C. The WBS Element can no longer be changed in the asset master record once the asset is capitalized.
- D. The WBS Element is available for input in the asset master record.
Answer: B,D
NEW QUESTION # 19
How would you define Intercompany Matching Reconciliation (ICMR)? Note: There are 2 correct answers to this question.
- A. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
- B. It is a solution that can be integrated with Group Reporting.
- C. It is a solution that facilitates transaction matching between systems in Central Finance.
- D. It is a solution embedded in the SAP S/4HANA core.
Answer: C,D
NEW QUESTION # 20
You have cleared a customer open item but want to undo this action.
What are the available options? Note: There are 2 correct answers to this question.
- A. Repost the clearing document
- B. Reverse the clearing document
- C. Reset reverse the clearing document
- D. Reset the clearing document
Answer: B,C
NEW QUESTION # 21
Your system uses parallel currencies.
What is the posting indicator of the depreciation area for the parallel currency?
- A. Posts to G/L periodically
- B. Does not post to G/L
- C. Posts to G/L in real time
- D. Posts APC real time depreciation periodically
Answer: A
NEW QUESTION # 22
What is the prerequisite for a G/L account to switch off open item management for it?
- A. It has no open items.
- B. It has been blocked against postings.
- C. It has a zero balance.
- D. It has not been posted to.
Answer: A
NEW QUESTION # 23
You try to assign an alternative account to a G/L account but receive an error message.
What can be the reason?
- A. The alternative account is already assigned to another G/L account for the company code.
- B. You have not assigned the alternative chart of accounts to your company.
- 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.
Answer: A
NEW QUESTION # 24
At which level do you define functional areas?
- A. Financial statement version
- B. Controlling area
- C. Company code
- D. Client
Answer: B
NEW QUESTION # 25
You need to explain the concept of noted items in SAP S/4HAN
Which characteristics are specific to noted items? Note: There are 3 correct answers to this question.
- A. They generate statistical postings.
- B. They generate postings that do not balance.
- C. They can be accessed by the payment program the dunning program.
- D. They are managed as open items on customer vendor accounts.
- E. They update the general ledger in Entry View only.
Answer: A,B,D
NEW QUESTION # 26
The 3-way match is the stard procedure used to post procurement transactions in SAP S/4HAN How does it work?
- A. The goods receipt needs to be created in reference to the purchase order.
- B. The invoice needs to be created in reference to the goods receipt.
- C. The 3 logistical steps each generate financial documents.
- D. The purchase order needs to be created in reference to a purchase request.
Answer: A
NEW QUESTION # 27
You are posting a general journal entry for your company code. After posting the entry you notice the document number is in the wrong number range.
After reversing the document what do you need to change when reposting the document?
- A. Document number
- B. Posting key
- C. Assignment
- D. Document type
Answer: D
NEW QUESTION # 28
In the stard sales process when is the COGS posting generated in Financial Accounting?
- A. Issue customer invoice
- B. Create billing document
- C. Do PGI (Post Goods Issue)
- D. Create delivery document
Answer: C
NEW QUESTION # 29
Your organization has heard about SAP Intercompany Matching Reconciliation (ICMR) is wondering whether it could address their needs.
For which purposes can ICMR be useful? Note: There are 2 correct answers to this question.
- A. To trigger elimination of intercompany revenues & costs based on rules configured
- B. To highlight solve intercompany data discrepancy triggering a workflow
- C. To generate automatic posting to correct intercompany discrepancy
- D. To generate automatic elimination of intercompany AR/AP balances
Answer: B,D
NEW QUESTION # 30
You notice that in the entry view of a document you have fewer items than in the general ledger view.
What is the reason for this?
- A. The sales tax is posted in details in the general ledger view.
- B. An extension ledger has been configured.
- C. Document splitting has been activated.
- D. The sub-ledger accounts are shown in details in the general ledger view.
Answer: C
NEW QUESTION # 31
You run a financial statement report notice the net profit calculated is different than what you expect.
What could cause the issue? Note: There are 2 correct answers to this question.
- A. You selected account group assignment by balance for an account it is displayed as a liability.
- B. You have added an account to the liabilities node that belongs to the financial statement notes.
- C. You have accounts that you have not assigned in the financial statement version.
- D. You have added an account to the wrong node it is included in the assets section.
Answer: B,C
NEW QUESTION # 32
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 template maintenance.
- B. It allows cross task list monitoring of task status.
- C. It allows cross task list execution of tasks.
- D. It covers multiple companies with same or similar tasks.
Answer: A,D
NEW QUESTION # 33
Which parameters can you configure on the dunning level? Note: There are 2 correct answers to this question.
- A. Interest indicator
- B. Days in arrears
- C. Payment deadline
- D. Line item grace period
Answer: B,C
NEW QUESTION # 34
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