SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting : C-P2WFI-2023

C-P2WFI-2023 real exams

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

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SAP C-P2WFI-2023 Exam Syllabus Topics:

SectionWeightObjectives
Organizational Assignments and Process Integration11% - 20%- Document types, number ranges and validations
- Currencies and currency settings
- Organizational units and their assignments
- Integration between financial accounting components
General Ledger Accounting11% - 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 Operations11% - 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 Accounting11% - 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 Receivable11% - 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

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

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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