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

C_P2WFI_2023 real exams

Exam Code: C_P2WFI_2023

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

Updated: Jul 30, 2026

Q & A: 82 Questions and Answers

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SAP C_P2WFI_2023 Exam Syllabus Topics:

SectionObjectives
Financial Accounting in SAP S/4HANA Cloud Private Edition- 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 logistics processes
          • 2. Integration with controlling (CO)
            - Asset Accounting
            • 1. Asset master data management
              • 2. Asset acquisition and retirement
                • 3. Depreciation calculation
                  - Accounts Receivable
                  • 1. Customer master data
                    • 2. Incoming payments and clearing
                      • 3. Dunning processes
                        - Closing Operations
                        • 1. Month-end closing activities
                          • 2. Year-end closing activities
                            - Accounts Payable
                            • 1. Vendor master data
                              • 2. Invoice processing and payments
                                • 3. Automatic payment programs

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

                                  1. What is the prerequisite for a G/L account to switch off open item management for it?

                                  A) It has no open items.
                                  B) It has a zero balance.
                                  C) It has not been posted to.
                                  D) It has been blocked against postings.


                                  2. You perform the depreciation run for your assets. For a specific asset you would like to post the depreciation costs to a different cost center than the one specified in the asset master data.
                                  How do you achieve this?

                                  A) By removing the cost center from the asset master data
                                  B) By creating a substitution in Financial Accounting line items
                                  C) By changing the corresponding error into a warning via configuration
                                  D) By setting the "identical" parameter as not activated in the account assignment configuration


                                  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


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

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


                                  5. 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 accounts
                                  D) Chart of depreciation


                                  Solutions:

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

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