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

  • Exam Code: C_P2WFI_2023
  • Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
  • Updated: Nov 10, 2026
  • Q & A: 82 Questions and Answers

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SAP C_P2WFI_2023 Exam Syllabus Topics:

SectionObjectives
Topic 1: Financial Accounting in SAP S/4HANA Cloud Private Edition- Closing Operations
  • 1. Month-end closing activities
    • 2. Year-end closing activities
      - General Ledger Accounting
      • 1. Financial statements and reporting
        • 2. Journal entries and postings
          • 3. Chart of accounts and account determination
            - Accounts Payable
            • 1. Vendor master data
              • 2. Automatic payment programs
                • 3. Invoice processing and payments
                  - Accounts Receivable
                  • 1. Customer master data
                    • 2. Dunning processes
                      • 3. Incoming payments and clearing
                        - SAP S/4HANA Finance Integration
                        • 1. Integration with controlling (CO)
                          • 2. Integration with logistics processes
                            - Asset Accounting
                            • 1. Asset master data management
                              • 2. Asset acquisition and retirement
                                • 3. Depreciation calculation

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

                                  Question #1

                                  What do you configure for regrouping receivables payables?

                                  • A. Sort Method
                                  • B. Calculation Method
                                  • C. Valuation Method
                                  • D. Provision Method
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  🗳️

                                  Question #2

                                  From which G/L account types are values shown in the profit loss (P&L) statement? Note: There are 3 correct answers to this question.

                                  • A. Primary Costs or Revenue
                                  • B. Cash Account
                                  • C. Balance Sheet Account
                                  • D. Secondary Costs
                                  • E. Non-operating Expense or Income
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,D,E  🗳️

                                  Question #3

                                  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 setting the "identical" parameter as not activated in the account assignment configuration
                                  • B. By creating a substitution in Financial Accounting line items
                                  • C. By changing the corresponding error into a warning via configuration
                                  • D. By removing the cost center from the asset master data
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

                                  Question #4

                                  You want to post a reversal for a document posted in a closed posting period.
                                  Which object do you configure to allow you to enter the reversal with a date different from the original document?

                                  • A. Reversal method
                                  • B. Company code
                                  • C. Document type
                                  • D. Reversal reason
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

                                  Question #5

                                  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 been blocked against postings.
                                  • D. It has not been posted to.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  🗳️

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