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 18, 2026

Q & A: 82 Questions and Answers

C-P2WFI-2023 Free Demo download

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SAP C-P2WFI-2023 Exam Syllabus Topics:

SectionWeightObjectives
General Ledger Accounting11% - 20%- Posting and document control
- Ledger concept and parallel accounting
- Periodic processing and reporting
- Chart of accounts and G/L account master data
Organizational Assignments and Process Integration11% - 20%- Organizational units and their assignments
- Currencies and currency settings
- Integration between financial accounting components
- Document types, number ranges and validations
Financial Closing Operations11% - 20%- Intercompany reconciliation and consolidation preparation
- Accruals and deferrals
- Month-end and year-end closing activities
- Foreign currency valuation and remeasurement
Managing Clean Core<= 10%- Extensibility options in SAP S/4HANA Cloud Private Edition
- Clean core principles and implementation
Accounts Payable & Accounts Receivable11% - 20%- Vendor and customer master data
- Credit management and dunning
- Invoice processing and payments
- Special G/L transactions and down payments
Asset Accounting11% - 20%- Depreciation calculation and posting
- Asset reporting and year-end processing
- Asset acquisitions, retirements and transfers
- Asset master data and depreciation areas
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:

1. On which levels do you define FI-AA account determination? Note: There are 2 correct answers to this question.

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


2. Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers to this question.

A) Cycle counting method
B) Stard inventory method
C) Periodic inventory method
D) Continuous inventory method
E) Actual inventory method


3. You have made an agreement with a customer to guarantee an amount of EUR 10000.
What is the result of recording this guarantee in SAP S/4HANA?

A) Two noted items
B) One noted item
C) Two statistical line items
D) One statistical line item


4. 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 generate automatic elimination of intercompany AR/AP balances
B) To highlight solve intercompany data discrepancy triggering a workflow
C) To generate automatic posting to correct intercompany discrepancy
D) To trigger elimination of intercompany revenues & costs based on rules configured


5. Where do you assign the currency type?

A) Ledger
B) Company
C) Valuation area
D) Accounting principle


Solutions:

Question # 1
Answer: C,D
Question # 2
Answer: A,C,D
Question # 3
Answer: D
Question # 4
Answer: A,B
Question # 5
Answer: A

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