SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting : C-P2WFI-2023

  • Exam Code: C-P2WFI-2023
  • Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
  • Updated: Oct 07, 2026     Q & A: 82 Questions and Answers

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About SAP C-P2WFI-2023 Exam

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SAP C-P2WFI-2023 Exam Syllabus Topics:

SectionWeightObjectives
Asset Accounting11% - 20%- Depreciation calculation and posting
- Asset master data and depreciation areas
- Asset reporting and year-end processing
- Asset acquisitions, retirements and transfers
Accounts Payable & Accounts Receivable11% - 20%- Credit management and dunning
- Special G/L transactions and down payments
- Invoice processing and payments
- Vendor and customer master data
Overview and Deployment of SAP S/4HANA<= 10%- SAP S/4HANA scope and deployment options
- SAP HANA architecture
Managing Clean Core<= 10%- Clean core principles and implementation
- Extensibility options in SAP S/4HANA Cloud Private Edition
Financial Closing Operations11% - 20%- Month-end and year-end closing activities
- Accruals and deferrals
- Intercompany reconciliation and consolidation preparation
- Foreign currency valuation and remeasurement
Organizational Assignments and Process Integration11% - 20%- Integration between financial accounting components
- Document types, number ranges and validations
- Organizational units and their assignments
- Currencies and currency settings
General Ledger Accounting11% - 20%- Posting and document control
- Periodic processing and reporting
- Chart of accounts and G/L account master data
- Ledger concept and parallel accounting

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

Question #1

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

  • A. Exchange rate type
  • B. Document type
  • C. Valuation type
  • D. Currency type
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

You run the balance carry forward for your company code. When looking at the log you see there is an error with regards to Asset Accounting. What is the cause of the error?

  • A. You have not closed the previous fiscal year.
  • B. You have incomplete asset master records.
  • C. You have not run the settlement for your assets under construction.
  • D. You have not posted depreciation completely.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #3

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

  • A. Segment
  • B. Business area
  • C. Sales organization
  • D. Plant
  • E. Profit center
Reveal Solution  Discussion  0

Correct Answer: A,B,E  🗳️

Question #4

Which component of the Intelligent Enterprise allows customers to discover deploy vertical solutions from SAP partners?

  • A. Business Network
  • B. Experience Management
  • C. Intelligent Suite
  • D. Industry Cloud
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

Your system uses parallel currencies.
What is the posting indicator of the depreciation area for the parallel currency?

  • A. Posts to G/L in real time
  • B. Posts to G/L periodically
  • C. Posts APC real time depreciation periodically
  • D. Does not post to G/L
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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