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Last Updated: Aug 25, 2026

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SAP C-P2WFI-2023 Practice Q&A's

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SAP C-P2WFI-2023 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Organizational Assignments and Process Integration11% - 20%- Utilize reporting tools and manage number ranges
- Configure validations and document types
- Manage organizational units and currencies
Topic 2: Overview and Deployment of SAP S/4HANA<= 10%- Explain SAP HANA architecture
- Describe SAP S/4HANA scope and deployment options
Topic 3: Accounts Payable & Accounts Receivable11% - 20%- Process vendor and customer invoices
- Handle credit management
- Manage payment processes and dunning
Topic 4: Financial Closing Operations11% - 20%- Manage accruals and deferrals
- Handle foreign currency valuations
- Perform month and year-end closing in Financial Accounting
Topic 5: Asset Accounting11% - 20%- Perform asset transactions
- Create and maintain asset master data
- Configure depreciation areas and keys
Topic 6: General Ledger Accounting> 20%- Create and maintain general ledger accounts
- Manage profit centers and segments
- Post journal entries and adjustments

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. As a pre-closing activity selected suppliers are to confirm their balances.
Which confirmation procedure do you use when a response is expected only in case of discrepancies?

A) Balance request
B) Account statement
C) Balance notification
D) Balance confirmation


3. 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) Business area
C) Profit center
D) Company code


4. What are the consequences of the activation of segment reporting in Asset Accounting? Note: There are 2 correct answers to this question.

A) The segment activation can be reversed.
B) The segment appears in the additional account assignment configuration.
C) The segment is automatically updated in existing asset master data.
D) The segment appears in the screen layout for asset master data.


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


Solutions:

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

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