SAP C-P2WFI-2023 Exam : 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: May 30, 2026
  • Q & A: 82 Questions and Answers

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

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


2. How does the system determine the relevant accounting principle when performing foreign currency valuation?

A) Via the valuation method
B) Via the valuation class
C) Via the valuation type
D) Via the valuation area


3. Which fields are maintained on the chart of accounts level of a G/L account? Note: There are 3 correct answers to this question.

A) Field status group
B) Alternative account number
C) Short text
D) Account group
E) Group account number


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 trigger elimination of intercompany revenues & costs based on rules configured
C) To generate automatic posting to correct intercompany discrepancy
D) To generate automatic elimination of intercompany AR/AP balances


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


Solutions:

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

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