SAP C_P2WFI_2023 Exam Questions : 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: Nov 08, 2026
  • Q&As: 82 Questions and Answers

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SAP C_P2WFI_2023 Exam Syllabus Topics:

SectionWeightObjectives
Accounts Payable & Accounts Receivable11% - 20%- Manage payment processes and dunning
- Process vendor and customer invoices
- Handle credit management
Organizational Assignments and Process Integration11% - 20%- Manage organizational units and currencies
- Utilize reporting tools and manage number ranges
- Configure validations and document types
Financial Closing Operations11% - 20%- Handle foreign currency valuations
- Perform month and year-end closing in Financial Accounting
- Manage accruals and deferrals
Overview and Deployment of SAP S/4HANA<= 10%- Explain SAP HANA architecture
- Describe SAP S/4HANA scope and deployment options
Asset Accounting11% - 20%- Configure depreciation areas and keys
- Create and maintain asset master data
- Perform asset transactions
General Ledger Accounting> 20%- Post journal entries and adjustments
- Create and maintain general ledger accounts
- Manage profit centers and segments

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

Correct Answer: B,D  🗳️

Question #2

The SAP Business Network helps customers digitalize cross-company business processes.
On which solutions does the network build? Note: There are 3 correct answers to this question.

  • A. Human Capital Management
  • B. Sales
  • C. Contingent Workforce
  • D. Procurement
  • E. Travel
Reveal Solution  Discussion  0

Correct Answer: C,D,E  🗳️

Question #3

You need to explain the concept of noted items in SAP S/4HAN
Which characteristics are specific to noted items? Note: There are 3 correct answers to this question.

  • A. They can be accessed by the payment program the dunning program.
  • B. They generate postings that do not balance.
  • C. They generate statistical postings.
  • D. They update the general ledger in Entry View only.
  • E. They are managed as open items on customer vendor accounts.
Reveal Solution  Discussion  0

Correct Answer: B,C,E  🗳️

Question #4

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

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

Correct Answer: C  🗳️

Question #5

You define the technical clearing account for Integrated Asset Acquisition in Customizing.
Which prerequisites must be met? Note: There are 2 correct answers to this question.

  • A. The account is defined in the account determination for each asset class.
  • B. The account is a balance sheet account.
  • C. The account is defined as a reconciliation account for fixed assets.
  • D. The account is defined as open item managed.
Reveal Solution  Discussion  0

Correct Answer: B,C  🗳️

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