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: Oct 02, 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. Automatic payment programs
    • 2. Invoice processing and payments
      • 3. Vendor master data
        - Accounts Receivable
        • 1. Dunning processes
          • 2. Customer master data
            • 3. Incoming payments and clearing
              - General Ledger Accounting
              • 1. Financial statements and reporting
                • 2. Journal entries and postings
                  • 3. Chart of accounts and account determination
                    - Asset Accounting
                    • 1. Asset acquisition and retirement
                      • 2. Asset master data management
                        • 3. Depreciation calculation
                          - SAP S/4HANA Finance Integration
                          • 1. Integration with logistics processes
                            • 2. Integration with controlling (CO)
                              - Closing Operations
                              • 1. Year-end closing activities
                                • 2. Month-end closing activities

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

                                  Question #1

                                  You notice that the GR/IR account does not have a zero balance.
                                  What could be the cause? Note: There are 2 correct answers to this question.

                                  • A. A purchase order has a partial goods receipt for which we have not yet received an invoice.
                                  • B. A purchase order has a goods receipt an invoice receipt with the same quantity but with different values.
                                  • C. A purchase order has a partial invoice receipt but not yet a goods receipt.
                                  • D. A purchase order has a goods receipt an invoice receipt with the same quantity values.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,B  🗳️

                                  Question #2

                                  On which levels do you define FI-AA account determination? Note: There are 2 correct answers to this question.

                                  • A. Chart of accounts
                                  • B. Chart of depreciation
                                  • C. Company code
                                  • D. Client
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,B  🗳️

                                  Question #3

                                  You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting should then be reversed.
                                  What account does the system use to post the valuation differences?

                                  • A. Individual supplier accounts with special G/L indicator
                                  • B. Supplier reconciliation G/L account
                                  • C. Alternative reconciliation G/L account
                                  • D. Adjustment G/L account for foreign currency
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

                                  Question #4

                                  You define payment methods.
                                  Which parameters do you define on the level of the company code? Note: There are 2 correct answers to this question.

                                  • A. Minimum maximum payment amounts
                                  • B. Payment Medium
                                  • C. Foreign currency allowed
                                  • D. Permitted Currencies
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,C  🗳️

                                  Question #5

                                  On what level can you restrict postings using the posting period variant? Note: There are 2 correct answers to this question.

                                  • A. Fixed asset number
                                  • B. Supplier account
                                  • C. G/L account
                                  • D. Customer reconciliation account
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B,C  🗳️

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