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SAP C_P2WFI_2023 real answers - 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 01, 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. Vendor master data
      • 3. Automatic payment programs
        - Closing Operations
        • 1. Year-end closing activities
          • 2. Month-end closing activities
            - SAP S/4HANA Finance Integration
            • 1. Integration with logistics processes
              • 2. Integration with controlling (CO)
                - Asset Accounting
                • 1. Asset master data management
                  • 2. Asset acquisition and retirement
                    • 3. Depreciation calculation
                      - General Ledger Accounting
                      • 1. Journal entries and postings
                        • 2. Chart of accounts and account determination
                          • 3. Financial statements and reporting
                            - Accounts Receivable
                            • 1. Incoming payments and clearing
                              • 2. Customer master data
                                • 3. Dunning processes

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

                                  Question #1

                                  You are entering a credit memo in Financial Accounting are wondering why the entered payment terms are being ignored.
                                  What are the reasons? Note: There are 2 correct answers to this question.

                                  • A. The credit memo was created without reference to an invoice.
                                  • B. The field "Reference" of the credit memo is blank.
                                  • C. The due date determined based on the entered payment terms is in the past.
                                  • D. The credit memo was entered in Financial Accounting.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,D  🗳️

                                  Question #2

                                  Which of the following objects is only a statistical account assignment for cost postings to an asset?

                                  • A. Cost center
                                  • B. WBS element
                                  • C. Internal order
                                  • D. Profit center
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

                                  Question #3

                                  What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.

                                  • A. It must be defined as a cost accounting valuation area type.
                                  • B. It must be linked to leading ledger OL.
                                  • C. It cannot take over values from other areas.
                                  • D. It must always post in real time.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A,D  🗳️

                                  Question #4

                                  Where can you see the matching results from the Intercompany Matching Reconciliation tool?

                                  • A. In the Accounting Document Segment table (BSEG)
                                  • B. In an application specific table (ICADOCM)
                                  • C. In the Universal Journal table (ACDOCA)
                                  • D. In the Consolidation Journal table (ACDOCU)
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

                                  Question #5

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

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

                                  Correct Answer: A,B,D  🗳️

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