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SAP SAP Certified Associate C_P2WFI_2023

C_P2WFI_2023

Exam Code: C_P2WFI_2023

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

Updated: Jul 29, 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- SAP S/4HANA Finance Integration
  • 1. Integration with controlling (CO)
    • 2. Integration with logistics processes
      - Closing Operations
      • 1. Month-end closing activities
        • 2. Year-end closing activities
          - Asset Accounting
          • 1. Asset acquisition and retirement
            • 2. Asset master data management
              • 3. Depreciation calculation
                - Accounts Payable
                • 1. Vendor master data
                  • 2. Invoice processing and payments
                    • 3. Automatic payment programs
                      - Accounts Receivable
                      • 1. Customer master data
                        • 2. Dunning processes
                          • 3. Incoming payments and clearing
                            - General Ledger Accounting
                            • 1. Chart of accounts and account determination
                              • 2. Financial statements and reporting
                                • 3. Journal entries and postings

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

                                  1. In the stard sales process when is the COGS posting generated in Financial Accounting?

                                  A) Do PGI (Post Goods Issue)
                                  B) Create delivery document
                                  C) Issue customer invoice
                                  D) Create billing document


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

                                  A) Continuous inventory method
                                  B) Actual inventory method
                                  C) Cycle counting method
                                  D) Stard inventory method
                                  E) Periodic inventory method


                                  3. Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question.

                                  A) Balance valuation on items for balance sheet accounts defined with ledger group specific open item management
                                  B) Balance valuation on items for balance sheet accounts not defined as open item management
                                  C) Line item valuation for balance sheet accounts defined as open item management
                                  D) Line item valuation for balance sheet accounts not defined as reconciliation account


                                  4. You want to post depreciation costs of one asset to two cost centers.
                                  How do you do this?

                                  A) You assign two real cost centers in the asset master data.
                                  B) You assign a real cost center a statistical cost center in the asset master data.
                                  C) You assign a real internal order in the asset master data which you settle periodically to two cost centers.
                                  D) You assign a statistical order in the asset master data which you settle periodically to two cost centers.


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

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


                                  Solutions:

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

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