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SAP 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: Oct 17, 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- Accounts Receivable
  • 1. Customer master data
    • 2. Dunning processes
      • 3. Incoming payments and clearing
        - Accounts Payable
        • 1. Vendor master data
          • 2. Automatic payment programs
            • 3. Invoice processing and payments
              - SAP S/4HANA Finance Integration
              • 1. Integration with controlling (CO)
                • 2. Integration with logistics processes
                  - Asset Accounting
                  • 1. Asset master data management
                    • 2. Asset acquisition and retirement
                      • 3. Depreciation calculation
                        - Closing Operations
                        • 1. Month-end closing activities
                          • 2. Year-end closing activities
                            - General Ledger Accounting
                            • 1. Financial statements and reporting
                              • 2. Chart of accounts and account determination
                                • 3. Journal entries and postings

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

                                  Question #1
                                  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. Cash Account
                                  D. Non-operating Expense or Income
                                  E. Balance Sheet Account


                                  Question #2
                                  What does the fiscal year variant define? Note: There are 2 correct answers to this question.

                                  A. The number of posting periods
                                  B. The posting periods open for posting
                                  C. The authorization to post to special periods
                                  D. The start end date of posting periods


                                  Question #3
                                  Which of the following can you use to explore released APIs?

                                  A. SAP Integration Suite
                                  B. SAP Application Interface Framework
                                  C. SAP Business Accelerator Hub


                                  Question #4
                                  At which level do you define functional areas?

                                  A. Client
                                  B. Company code
                                  C. Financial statement version
                                  D. Controlling area


                                  Question #5
                                  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. Foreign currency allowed
                                  B. Permitted Currencies
                                  C. Payment Medium
                                  D. Minimum maximum payment amounts


                                  Solutions:

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

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