Learn with SAP : C-P2WFI-2023 training material for 100% pass

Updated: Jun 06, 2026

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

1. You are implementing the Financial Closing Cockpit for your organization.
What are the advantages of defining task groups? Note: There are 2 correct answers to this question.

A) It allows cross task list monitoring of task status.
B) It allows cross task list execution of tasks.
C) It covers multiple companies with same or similar tasks.
D) It allows cross template maintenance.


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


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


4. You try to create a G/L account but you get an error because the account number is not in the accepted range.
Which object do you need to customize to extend the number range?

A) Account group
B) Tolerance group
C) Chart of accounts
D) Account type


5. When defining a new stard ledger which action must you take to manually post a general journal entry to it?

A) Assign a chart of accounts to the ledger
B) Include the ledger in a ledger group
C) Assign the ledger to a company code
D) Define the underlying ledger


Solutions:

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

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