SAP C-P2WFI-2023 Q&A - in .pdf

  • Exam Code: C-P2WFI-2023
  • Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
  • Updated: Sep 18, 2026
  • Q & A: 82 Questions and Answers
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SAP C-P2WFI-2023 Q&A - Testing Engine

  • Exam Code: C-P2WFI-2023
  • Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
  • Updated: Sep 18, 2026
  • Q & A: 82 Questions and Answers
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SAP C-P2WFI-2023 Exam Syllabus Topics:

SectionObjectives
Topic 1: Financial Accounting in SAP S/4HANA Cloud Private Edition- Asset Accounting
  • 1. Depreciation calculation
    • 2. Asset acquisition and retirement
      • 3. Asset master data management
        - Accounts Payable
        • 1. Automatic payment programs
          • 2. Vendor master data
            • 3. Invoice processing and payments
              - Closing Operations
              • 1. Year-end closing activities
                • 2. Month-end closing activities
                  - General Ledger Accounting
                  • 1. Financial statements and reporting
                    • 2. Journal entries and postings
                      • 3. Chart of accounts and account determination
                        - SAP S/4HANA Finance Integration
                        • 1. Integration with controlling (CO)
                          • 2. Integration with logistics processes
                            - Accounts Receivable
                            • 1. Incoming payments and clearing
                              • 2. Customer master data
                                • 3. Dunning processes

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

                                  Question #1

                                  Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question.

                                  • A. Balance valuation on items for balance sheet accounts not defined as open item management
                                  • B. Balance valuation on items for balance sheet accounts defined with ledger group specific open item management
                                  • C. Line item valuation for balance sheet accounts not defined as reconciliation account
                                  • D. Line item valuation for balance sheet accounts defined as open item management
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C,D  🗳️

                                  Question #2

                                  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 task list execution of tasks.
                                  • B. It allows cross task list monitoring of task status.
                                  • C. It allows cross template maintenance.
                                  • D. It covers multiple companies with same or similar tasks.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C,D  🗳️

                                  Question #3

                                  You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your S S/4HANA system in a single client. The others use separate legacy systems. How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?

                                  • A. 05
                                  • B. 15
                                  • C. 10
                                  • D. 01
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

                                  Question #4

                                  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. Asset Class
                                  • B. Depreciation area
                                  • C. Account determination
                                  • D. Chart of Accounts
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,D  🗳️

                                  Question #5

                                  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.

                                  • A. Secondary costs resulting from an assessment
                                  • B. Intercompany postings
                                  • C. Primary costs resulting from a distribution
                                  • D. Budgeted costs for a cost center
                                  • E. Plan depreciation amounts
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B,C,E  🗳️

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