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

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

                                  1. SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA? Note: There are 3 correct answers to this question.

                                  A) Plan depreciation amounts
                                  B) Secondary costs resulting from an assessment
                                  C) Intercompany postings
                                  D) Budgeted costs for a cost center
                                  E) Primary costs resulting from a distribution


                                  2. What are the 3 matory steps of the dunning process in the SAP S/4HANA system? Note: There are 3 correct answers to this question.

                                  A) Approve the dunning proposal
                                  B) Maintain the parameters of the dunning program
                                  C) Start the dunning printout
                                  D) Change the dunning proposal
                                  E) Schedule the dunning run


                                  3. 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.


                                  4. Your organization has heard about SAP Intercompany Matching Reconciliation (ICMR) is wondering whether it could address their needs.
                                  For which purposes can ICMR be useful? Note: There are 2 correct answers to this question.

                                  A) To highlight solve intercompany data discrepancy triggering a workflow
                                  B) To generate automatic elimination of intercompany AR/AP balances
                                  C) To generate automatic posting to correct intercompany discrepancy
                                  D) To trigger elimination of intercompany revenues & costs based on rules configured


                                  5. Which model can be used for ABAP cloud-native development?

                                  A) ABAP RESTful Application Programming Model
                                  B) The ABAP Cloud Development Model
                                  C) The SAP S/4HANA Cloud Extensibility Model


                                  Solutions:

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

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