- Exam Code: C-P2WFI-2023
- Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
- Updated: Aug 30, 2026
- Q & A: 82 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Asset Accounting | 11% - 20% | - Perform asset transactions - Create and maintain asset master data - Configure depreciation areas and keys |
| Accounts Payable & Accounts Receivable | 11% - 20% | - Process vendor and customer invoices - Handle credit management - Manage payment processes and dunning |
| Overview and Deployment of SAP S/4HANA | <= 10% | - Explain SAP HANA architecture - Describe SAP S/4HANA scope and deployment options |
| General Ledger Accounting | > 20% | - Create and maintain general ledger accounts - Post journal entries and adjustments - Manage profit centers and segments |
| Financial Closing Operations | 11% - 20% | - Manage accruals and deferrals - Perform month and year-end closing in Financial Accounting - Handle foreign currency valuations |
| Organizational Assignments and Process Integration | 11% - 20% | - Manage organizational units and currencies - Utilize reporting tools and manage number ranges - Configure validations and document types |
Question 1
How would you define Intercompany Matching Reconciliation (ICMR)? Note: There are 2 correct answers to this question.
A. It is a solution embedded in the SAP S/4HANA core.
B. It is a solution that facilitates transaction matching between systems in Central Finance.
C. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
D. It is a solution that can be integrated with Group Reporting.
Question 2
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.
Question 3
Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers to this question.
A. Continuous inventory method
B. Periodic inventory method
C. Cycle counting method
D. Actual inventory method
E. Stard inventory method
Question 4
What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question.
A. It helps customers to collaborate to build flexible value chains.
B. It supports customers in understing their stakeholder's needs.
C. It provides data management analytics.
D. It supports application development integration.
Question 5
What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.
A. Establish regular housekeeping tasks procedures.
B. Establish release management.
C. Establish an organizational structure technical foundation transformation methodology for clean core.
D. Integrate clean core practices in the end-to-end value process chain.
E. Define roles responsibilities as part of a process transformation office.
Solutions:
| Question 1 Answer: A,B | Question 2 Answer: C,D | Question 3 Answer: A,B,C | Question 4 Answer: C,D | Question 5 Answer: B,C,E |
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