- Exam Code: C-P2WFI-2023
- Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
- Updated: Jul 31, 2026
- Q & A: 82 Questions and Answers
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| Section | Objectives |
|---|---|
| Topic 1: Financial Accounting in SAP S/4HANA Cloud Private Edition | - Asset Accounting
|
1. Which object is used to directly support the preparation for consolidation?
A) Functional Areas
B) Company/Trading Partner
C) Segments/Profit Centers
D) Ledgers/Ledger Groups
2. You post a vendor invoice for asset acquisition without reference to a purchase order.
Which accounting documents are generated?
A) One document per accounting principle
B) One document per accounting principle & one document for all accounting principles
C) One document for all accounting principles
D) Separate documents for each every accounting principle
3. What separates the leading ledger from other parallel stard ledgers?
A) It is used for performing segment reporting.
B) It is assigned to all company codes.
C) It doesn't derive values from other ledgers.
D) It is used to represent the group valuation.
4. 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
5. In the stard sales process when is the COGS posting generated in Financial Accounting?
A) Issue customer invoice
B) Create delivery document
C) Create billing document
D) Do PGI (Post Goods Issue)
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C,D,E | Question # 5 Answer: D |
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