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SAP C_P2WFI_2023 exam : SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting

C_P2WFI_2023 Exam Questions
  • Exam Code: C_P2WFI_2023
  • Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
  • Updated: Sep 09, 2026
  • Q & A: 82 Questions and Answers
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SAP C_P2WFI_2023 exam demo

SAP C_P2WFI_2023 Exam Syllabus Topics:

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

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

Question 1

Which of the following objects is only a statistical account assignment for cost postings to an asset?

A. Profit center
B. Internal order
C. WBS element
D. Cost center


Question 2

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. Plan depreciation amounts
B. Secondary costs resulting from an assessment
C. Primary costs resulting from a distribution
D. Intercompany postings
E. Budgeted costs for a cost center


Question 3

Which of the following can you use to explore released APIs?

A. SAP Business Accelerator Hub
B. SAP Integration Suite
C. SAP Application Interface Framework


Question 4

You run the balance carry forward for your company code. When looking at the log you see there is an error with regards to Asset Accounting. What is the cause of the error?

A. You have not posted depreciation completely.
B. You have not run the settlement for your assets under construction.
C. You have not closed the previous fiscal year.
D. You have incomplete asset master records.


Question 5

Your company follows IFRS accounting principles needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".
What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answers to this question.

A. Profit centers
B. Business areas
C. Segments
D. Profitability segments
E. Document splitting


Solutions:

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

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