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

C-P2WFI-2023 testking pdf
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Exam Code: C-P2WFI-2023

Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting

Updated: Sep 14, 2026

Q & A: 82 Questions and Answers

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SAP C-P2WFI-2023 Exam Syllabus Topics:

SectionWeightObjectives
Financial Closing Operations11% - 20%- Accruals and deferrals
- Foreign currency valuation and remeasurement
- Month-end and year-end closing activities
- Intercompany reconciliation and consolidation preparation
General Ledger Accounting11% - 20%- Ledger concept and parallel accounting
- Periodic processing and reporting
- Chart of accounts and G/L account master data
- Posting and document control
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
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
Asset Accounting11% - 20%- Asset acquisitions, retirements and transfers
- Depreciation calculation and posting
- Asset master data and depreciation areas
- Asset reporting and year-end processing
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

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

Question #1

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
Answer: A
Question #2

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

  • A. Stard inventory method
  • B. Actual inventory method
  • C. Continuous inventory method
  • D. Cycle counting method
  • E. Periodic inventory method
Answer: C,D,E
Question #3

What separates the leading ledger from other parallel stard ledgers?

  • A. It is assigned to all company codes.
  • B. It is used for performing segment reporting.
  • C. It doesn't derive values from other ledgers.
  • D. It is used to represent the group valuation.
Answer: C
Question #4

You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting should then be reversed.
What account does the system use to post the valuation differences?

  • A. Supplier reconciliation G/L account
  • B. Adjustment G/L account for foreign currency
  • C. Individual supplier accounts with special G/L indicator
  • D. Alternative reconciliation G/L account
Answer: B
Question #5

How are pages assigned to users on the SAP Fiori Launchpad?

  • A. Via sections assigned to business roles which are assigned to users
  • B. Via spaces assigned to business roles which are assigned to users
  • C. Directly to business roles which are assigned to users
  • D. Via groups assigned to business roles which are assigned to users
Answer: B

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