- Exam Code: C-P2WFI-2023
- Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
- Updated: Aug 09, 2026
- Q & A: 82 Questions and Answers
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| Section | Objectives |
|---|---|
| Financial Accounting in SAP S/4HANA Cloud Private Edition | - Accounts Payable
|
1. 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
2. Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.
A) 30 = Group currency
B) 10 = Company code currency
C) 00 = Document currency
D) 60 = Global company currency
E) 40 = Hard currency
3. You define the technical clearing account for Integrated Asset Acquisition in Customizing.
Which prerequisites must be met? Note: There are 2 correct answers to this question.
A) The account is defined as a reconciliation account for fixed assets.
B) The account is a balance sheet account.
C) The account is defined in the account determination for each asset class.
D) The account is defined as open item managed.
4. On which level do you maintain the currency translation ratio between two currencies?
A) Valuation type
B) Exchange rate type
C) Currency type
D) Document type
5. Your system uses parallel currencies.
What is the posting indicator of the depreciation area for the parallel currency?
A) Posts to G/L in real time
B) Does not post to G/L
C) Posts to G/L periodically
D) Posts APC real time depreciation periodically
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,B,D | Question # 3 Answer: A,B | Question # 4 Answer: B | Question # 5 Answer: C |
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