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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting : 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: Aug 19, 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- SAP S/4HANA Finance Integration
  • 1. Integration with controlling (CO)
    • 2. Integration with logistics processes
      - Closing Operations
      • 1. Year-end closing activities
        • 2. Month-end closing activities
          - Asset Accounting
          • 1. Depreciation calculation
            • 2. Asset master data management
              • 3. Asset acquisition and retirement
                - Accounts Receivable
                • 1. Dunning processes
                  • 2. Customer master data
                    • 3. Incoming payments and clearing
                      - General Ledger Accounting
                      • 1. Journal entries and postings
                        • 2. Chart of accounts and account determination
                          • 3. Financial statements and reporting
                            - Accounts Payable
                            • 1. Automatic payment programs
                              • 2. Invoice processing and payments
                                • 3. Vendor master data

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

                                  1. Your company based in France has a permanent establishment in Switzerl where financial statements are required by law.
                                  Which organizational unit do you need to create for the permanent establishment in Switzerl?

                                  A) Company code
                                  B) Profit center
                                  C) Segment
                                  D) Business area


                                  2. Which of the following organizational elements can be shared by several company codes? Note: There are 3 correct answers to this question.

                                  A) Sales organization
                                  B) Profit center
                                  C) Segment
                                  D) Business area
                                  E) Plant


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

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


                                  4. Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this question.

                                  A) 20 = Controlling area currency
                                  B) 30 = Group currency
                                  C) 10 = Company code currency
                                  D) 00 = Document currency


                                  5. 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) Company code
                                  B) Document type
                                  C) Reversal reason
                                  D) Reversal method


                                  Solutions:

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

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