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: Aug 22, 2026
  • Q&As: 82 Questions and Answers

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SAP C-P2WFI-2023 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Accounts Payable & Accounts Receivable11% - 20%- Vendor and customer master data
- Special G/L transactions and down payments
- Invoice processing and payments
- Credit management and dunning
Topic 2: Financial Closing Operations11% - 20%- Intercompany reconciliation and consolidation preparation
- Foreign currency valuation and remeasurement
- Month-end and year-end closing activities
- Accruals and deferrals
Topic 3: Managing Clean Core<= 10%- Clean core principles and implementation
- Extensibility options in SAP S/4HANA Cloud Private Edition
Topic 4: 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
Topic 5: Organizational Assignments and Process Integration11% - 20%- Organizational units and their assignments
- Integration between financial accounting components
- Document types, number ranges and validations
- Currencies and currency settings
Topic 6: Overview and Deployment of SAP S/4HANA<= 10%- SAP S/4HANA scope and deployment options
- SAP HANA architecture
Topic 7: Asset Accounting11% - 20%- Depreciation calculation and posting
- Asset acquisitions, retirements and transfers
- Asset reporting and year-end processing
- Asset master data and depreciation areas

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

1. When defining a new stard ledger which action must you take to manually post a general journal entry to it?

A) Include the ledger in a ledger group
B) Define the underlying ledger
C) Assign the ledger to a company code
D) Assign a chart of accounts to the ledger


2. You want to implement purchase order accruals in SAP S/4HAN
Which of the following use cases are relevant? Note: There are 2 correct answers to this question.

A) Purchase of services
B) Purchase of consumable materials
C) Purchase of fixed assets (using direct capitalization method)
D) Purchase of raw materials for inventory


3. You have cleared a customer open item but want to undo this action.
What are the available options? Note: There are 2 correct answers to this question.

A) Reset the clearing document
B) Reverse the clearing document
C) Reset reverse the clearing document
D) Repost the clearing document


4. Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.

A) 00 = Document currency
B) 60 = Global company currency
C) 40 = Hard currency
D) 10 = Company code currency
E) 30 = Group currency


5. What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question.

A) It helps customers to collaborate to build flexible value chains.
B) It supports customers in understing their stakeholder's needs.
C) It supports application development integration.
D) It provides data management analytics.


Solutions:

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

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