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Exam Code: C-P2WFI-2023
Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
Updated: Aug 27, 2026
Q & A: 82 Questions and Answers
C-P2WFI-2023 Free Demo download
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| Section | Weight | Objectives |
|---|---|---|
| Organizational Assignments and Process Integration | 11% - 20% | - Document types, number ranges and validations - Currencies and currency settings - Organizational units and their assignments - Integration between financial accounting components |
| General Ledger Accounting | 11% - 20% | - Periodic processing and reporting - Posting and document control - Ledger concept and parallel accounting - Chart of accounts and G/L account master data |
| Financial Closing Operations | 11% - 20% | - Month-end and year-end closing activities - Intercompany reconciliation and consolidation preparation - Foreign currency valuation and remeasurement - Accruals and deferrals |
| Managing Clean Core | <= 10% | - Clean core principles and implementation - Extensibility options in SAP S/4HANA Cloud Private Edition |
| Asset Accounting | 11% - 20% | - Asset reporting and year-end processing - Depreciation calculation and posting - Asset acquisitions, retirements and transfers - Asset master data and depreciation areas |
| Accounts Payable & Accounts Receivable | 11% - 20% | - Invoice processing and payments - Vendor and customer master data - Special G/L transactions and down payments - Credit management and dunning |
| Overview and Deployment of SAP S/4HANA | <= 10% | - SAP HANA architecture - SAP S/4HANA scope and deployment options |
Question 1
What separates the leading ledger from other parallel stard ledgers?
A. It is used for performing segment reporting.
B. It is assigned to all company codes.
C. It is used to represent the group valuation.
D. It doesn't derive values from other ledgers.
Question 2
You want to include multiple company codes in a single payment run.
What are the prerequisites for the company codes?
A. They must belong to the same controlling area.
B. They must be located in the same country.
C. They must all belong to the same company.
D. They must have the same configuration for payment transactions.
Question 3
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. Depreciation area
C. Asset Class
D. Account determination
Question 4
At which level do you define functional areas?
A. Controlling area
B. Client
C. Financial statement version
D. Company code
Question 5
You notice that the GR/IR account does not have a zero balance.
What could be the cause? Note: There are 2 correct answers to this question.
A. A purchase order has a partial goods receipt for which we have not yet received an invoice.
B. A purchase order has a partial invoice receipt but not yet a goods receipt.
C. A purchase order has a goods receipt an invoice receipt with the same quantity but with different values.
D. A purchase order has a goods receipt an invoice receipt with the same quantity values.
Solutions:
| Question 1 Answer: D | Question 2 Answer: B | Question 3 Answer: A,C | Question 4 Answer: A | Question 5 Answer: A,C |
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