C_P2WFI_2023 Study Materials: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting & C_P2WFI_2023 Certification Training

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

Exam Code: C_P2WFI_2023

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

Updated: Aug 28, 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- Accounts Payable
  • 1. Invoice processing and payments
    • 2. Automatic payment programs
      • 3. Vendor master data
        - SAP S/4HANA Finance Integration
        • 1. Integration with logistics processes
          • 2. Integration with controlling (CO)
            - General Ledger Accounting
            • 1. Chart of accounts and account determination
              • 2. Journal entries and postings
                • 3. Financial statements and reporting
                  - Asset Accounting
                  • 1. Asset master data management
                    • 2. Depreciation calculation
                      • 3. Asset acquisition and retirement
                        - Closing Operations
                        • 1. Month-end closing activities
                          • 2. Year-end closing activities
                            - Accounts Receivable
                            • 1. Customer master data
                              • 2. Incoming payments and clearing
                                • 3. Dunning processes

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

                                  Question 1

                                  What separates the leading ledger from other parallel stard ledgers?

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


                                  Question 2

                                  You are implementing the Financial Closing Cockpit for your organization.
                                  What are the advantages of defining task groups? Note: There are 2 correct answers to this question.

                                  A. It allows cross task list monitoring of task status.
                                  B. It covers multiple companies with same or similar tasks.
                                  C. It allows cross task list execution of tasks.
                                  D. It allows cross template maintenance.


                                  Question 3

                                  On which level do you maintain the currency translation ratio between two currencies?

                                  A. Exchange rate type
                                  B. Valuation type
                                  C. Currency type
                                  D. Document type


                                  Question 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. 00 = Document currency
                                  C. 10 = Company code currency
                                  D. 30 = Group currency


                                  Question 5

                                  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. Secondary Costs
                                  B. Primary Costs or Revenue
                                  C. Balance Sheet Account
                                  D. Cash Account
                                  E. Non-operating Expense or Income


                                  Solutions:

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

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