SAP C_P2WFI_2023 : 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: Aug 29, 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. Dunning processes
    • 2. Incoming payments and clearing
      • 3. Customer master data
        - Asset Accounting
        • 1. Asset master data management
          • 2. Depreciation calculation
            • 3. Asset acquisition and retirement
              - Accounts Payable
              • 1. Vendor master data
                • 2. Automatic payment programs
                  • 3. Invoice processing and payments
                    - General Ledger Accounting
                    • 1. Financial statements and reporting
                      • 2. Journal entries and postings
                        • 3. Chart of accounts and account determination
                          - SAP S/4HANA Finance Integration
                          • 1. Integration with logistics processes
                            • 2. Integration with controlling (CO)
                              - Closing Operations
                              • 1. Month-end closing activities
                                • 2. Year-end closing activities

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

                                  Question 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. Segment
                                  B. Company code
                                  C. Profit center
                                  D. Business area


                                  Question 2

                                  You have activated the WBS Element (not related to Investment Management) as an account assignment for asset accounting with the parameters "balance sheet" "identical" active.
                                  What are the consequences? Note: There are 2 correct answers to this question.

                                  A. The WBS Element can no longer be changed in the asset master record once the asset is capitalized.
                                  B. The WBS Element is available for input in the asset master record.
                                  C. The WBS Element from the asset master data can be changed during planned depreciation posting.
                                  D. The WBS Element cannot be used anymore for settlement.


                                  Question 3

                                  You perform the depreciation run for your assets. For a specific asset you would like to post the depreciation costs to a different cost center than the one specified in the asset master data.
                                  How do you achieve this?

                                  A. By changing the corresponding error into a warning via configuration
                                  B. By removing the cost center from the asset master data
                                  C. By setting the "identical" parameter as not activated in the account assignment configuration
                                  D. By creating a substitution in Financial Accounting line items


                                  Question 4

                                  Your company follows IFRS accounting principles needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".
                                  What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answers to this question.

                                  A. Document splitting
                                  B. Business areas
                                  C. Segments
                                  D. Profit centers
                                  E. Profitability segments


                                  Question 5

                                  What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question.

                                  A. It supports application development integration.
                                  B. It supports customers in understing their stakeholder's needs.
                                  C. It helps customers to collaborate to build flexible value chains.
                                  D. It provides data management analytics.


                                  Solutions:

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

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