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C_TFIN22_67 Sample Questions Answers

Questions 4

Which SAP Solution Manger Service Desk interfaces are available? (Choose three)

Options:

A.

SAP Solution Manager Trace Analysis

B.

SAP global support backbone

C.

Managed SAP systems

D.

SAP NetWeaver Administration (NWA)

E.

Third-party service desk tool

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Questions 5

A customer wants to settle an internal order to cost centers, but receives an error message. What do you check?

Please choose the correct answer.

Response:

Options:

A.

The system and the user status.

B.

The sender and receiver to be assigned to the same profit center.

C.

The PA transfer structure of the order.

D.

The costing sheet.

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Questions 6

Your customer wants to add certain values from a source document into the account document automatically. You recommend them to use a function module.

Which of the following are attributes of function modules? (Choose two)

Options:

A.

Function modules are automatically imported via Support Packages.

B.

Function modules have to be released by SAP.

C.

Function modules are reusable subroutines.

D.

Function modules can be called out of ABAP programs.

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Questions 7

Which of the following do you define in the general data selection of a Report Painter report?

Please choose the correct answer.

Response:

Options:

A.

Parameters valid for all rows and columns.

B.

Parameters for the report to report interface.

C.

Default values for the definition of rows and columns.

D.

User, date, and time of report creation.

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Questions 8

What does the SAP Web AS provide?

Options:

A.

Real-time data exchange with all SAP systems.

B.

Master data harmonization cross SAP NetWeaver.

C.

J2EE and ABAP in a single environment.

D.

Storage of all transactional documents in one single database.

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Questions 9

Which of the following is a typical process sequence for selling products from stock?

Options:

A.

Purchase requisition -> Delivery/transport -> Dunning and payment -> Billing

B.

Incoming order -> Transport/delivery -> Billing -> Dunning and payment

C.

Purchase requisition -> Billing -> Transport/goods receipt -> Dunning and payment

D.

Incoming order -> Goods receipt/transport -> Dunning and payment -> Billing

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Questions 10

Which data do you need to set up an accrual calculation with the percentage method? (Choose two)

Options:

A.

Accrual settlement rules with percentage method.

B.

Secondary cost element (category 31) as accrual cost element.

C.

Primary cost element (category 3) as accrual cost element.

D.

Accrual allocation cycle with sender receiver segments.

E.

Cost center or internal order (order category 2) as credit object.

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Questions 11

For what purpose can you use a statistical internal order? (Choose two)

Options:

A.

Overhead surcharges.

B.

Settlement.

C.

Budget and availability control.

D.

Cost planning.

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Questions 12

A customer wants to add overhead cost to a material cost estimate with quantity structure, without changing the BOM and routing. Which options does the customer have? (Choose two)

Options:

A.

Overhead surcharges

B.

Easy cost planning

C.

Cost element planning

D.

Template allocation

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Questions 13

What must be included in a bill of material in maintenance? (Choose three)

Options:

A.

Object number

B.

Quantity

C.

Account assignment

D.

Capital consumption per time period

E.

Unit of measure

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Questions 14

Which objects can be assigned to an asset master record? There are 3 correct answers to this question.

Options:

A.

Internal order.

B.

Profit center.

C.

Profitability segment.

D.

Cost center

E.

WBS element.

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Questions 15

In which master record can you enter a profit center directly? (Choose three)

Options:

A.

Material master

B.

Activity type

C.

Cost element

D.

Cost center

E.

Internal order

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Questions 16

A company wants to prevent postings of more than 5000 EUR on cost centers by generating an error message. What do you recommend?

Options:

A.

Activating and using availability control for cost centers.

B.

Creating a substitution rule in the IMG.

C.

Creating a lock amount on the control tab in the cost center master data.

D.

Creating a validation rule in the IMG.

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Questions 17

Which of the following activities would occur in Phase 2?

There are 2 correct answers to this question.

Response:

Options:

A.

Finalizing the project scope

B.

Defining and documenting all business requirements, both functional and technical

C.

End user training

D.

Cycle and integration testing

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Questions 18

Which of the following do you define in a library of the Report Painter?

Options:

A.

Report groups and reports.

B.

Formats and format figures.

C.

Predefined columns and rows.

D.

Characteristics and key figures.

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Questions 19

Which of the following are the usage scenarios for Solution Manager? (Choose three)

Options:

A.

Implementation

B.

Optimization

C.

Retirement

D.

Operations

E.

Validation

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Questions 20

Which of the following statement are correct?

i) Direct activity allocation deals with the measurement, posting and allocation of an organizational activity.

ii) We need to create an activity type to directly allocate activity.

iii) More than one cost center can be the sender of an internal activity allocation & the receiver can be any real management accounting object.

iv) During direct activity the sender cost center are debited and the receiving cost object are credited.

Please choose the correct answer.

Response:

Options:

A.

Only i

B.

Both i& ii

C.

Both i& iii

D.

Both ii & iii

E.

Both iii & iv

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Questions 21

Which of the following views and results does costing based CO-PA provide? (Choose two)

Options:

A.

Balance sheet statement.

B.

Return on investment.

C.

Contribution margin.

D.

Periodic accounting.

E.

Cost of sales accounting.

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Questions 22

What is controlled by a schedule line category? (Choose two)

Options:

A.

The transfer of requirements

B.

The billing relevance of a material

C.

The determination of the partner determination procedure

D.

The movement type with which stock changes are posted with the goods issue

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Questions 23

What is the advantage of using a key figure scheme in drilldown reports in profitability analysis?

Options:

A.

The key figure scheme allows the calculating of lines with subtotals in a drill down report.

B.

A key figure scheme allows for simultaneous access to different databases.

C.

The key figure scheme allows quick access to predefined key figures in the database.

D.

A key figure scheme improves the runtime of the drilldown report.

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Questions 24

Excluding the Continuous improvement phase, how many phases are there in the Accelerated SAP roadmap?

Please choose the correct answer.

Response:

Options:

A.

4

B.

3

C.

5

D.

6

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Questions 25

Which of the following statement are correct?

Please choose the correct answer.

Response:

Options:

A.

Cost element category controls FI posting only

B.

Cost element is a must for all GL accounts

C.

All Profit and Loss general ledger accounts except tax accounts should be cost element.

D.

All cost elements are linked to Activity type

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Questions 26

A customer is producing materials according to planned independent requirements.

At what time during the make-to-stock process is the requirement consumption of a new sales order item visible in the system?

Options:

A.

After creating the delivery

B.

After posting goods issue

C.

After saving the order

D.

After a new planning run

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Questions 27

You want to perform results analysis on sales orders and need to use two different methods to reflect different accounting principles such as US-GAAP and IFRS.

How do you achieve this?

Options:

A.

Use two results analysis keys in the sales order items

B.

Use two requirement classes in the sales order items

C.

Use two results analysis versions defined in Customizing

D.

Use two separate sales order items

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Questions 28

Which data sources can be included directly into service level reports in SAP Solution Manager? (Choose two)

Options:

A.

Solution Manager BW

B.

Wily Introscope Enterprise Manager

C.

Early Watch Alert

D.

Implementation projects

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Questions 29

The controlling department requires the production order variances to be settled to profitability analysis. How can you achieve this?

There are 2 correct answers to this question.

Response:

Options:

A.

Set the Variances indicator in the settlement profile

B.

Assign an allocation structure to the settlement profile.

C.

Set the To Be Settled in Full indicator in the settlement profile.

D.

Assign a PA transfer structure to the settlement profile

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Questions 30

A customer wants to perform cost center planning to reflect different expectations for the future. How can the customer create different plans in parallel?

Options:

A.

Use different versions.

B.

Use different costing variants.

C.

Use different planning areas.

D.

Use different valuation areas.

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Questions 31

You have been asked to explain the benefits of integrating CO-PA with SAP Business information Warehousing. What are they?

There are 3 correct answers to this question.

Response:

Options:

A.

Low Volume data

B.

Cross Application reporting

C.

Collecting data from different systems

D.

Combining legacy system data with CO-PA data

E.

All the above

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Questions 32

The customer requires a flexible selection of cost elements when starting a Report Painter report. How do you define the report?

Options:

A.

Using a row model with predefined key figures.

B.

Using a variable for the cost element group.

C.

Using a predefined report template.

D.

Using a variable for the report variant.

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Questions 33

What is a report group in Report Painter required for?

Options:

A.

To add a report as a sub folder in the Easy Access Menu.

B.

To run reports in costing based profitability analysis.

C.

To serve as a template for the creation of new Report Painter reports.

D.

To assign further reports via the report/report interface.

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Questions 34

While working with account assignments, you need to follow certain rules. Which of the following rules need to be followed?

There are 2 correct answers to this question.

Response:

Options:

A.

You need to specify a true Controlling object in each posting item.

B.

In each posting item, you can specify up to four statistical Controlling Objects in addition to the true Controlling Object.

C.

The same Controlling Object can be specified as True and statistical in the same posting item.

D.

You can make true revenue posting to a real estate object.

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Questions 35

A service company decides to implement Activity-Based Costing. They collect all process-related cost on ABC processes and want to allocate them periodically to their sales orders in Sales Order Management. Which functionality do you implement?

Options:

A.

Process assessment cycles

B.

Process settlement

C.

Template allocation technique

D.

Indirect process allocation

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Questions 36

How does the cost and revenue flow to the profit center?

There are 2 correct answers to this question.

Response:

Options:

A.

The profit center is assigned to the cost center master data.

B.

The profit center is assigned to sales order

C.

The profit center is assigned to material master.

D.

All the above.

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Questions 37

Which of the following statement is true in reference to Financial & Management Accounting?

Please choose the correct answer.

Response:

Options:

A.

Financial accounting is for internal management whereas Management accounting is for external management like stockholders, financial institutions, government& tax authorities.

B.

Management accounting is made on the line of standard & legal requirement whereas financial accounting is made as per the internal requirement of the organization.

C.

Financial accounting is standard as per legal requirement whereas management accounting is flexible& as per the requirement of the management.

D.

Financial accounting reflects the revenue, cost involved in different area whereas management accounting reflects the profitability of the business.

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Questions 38

Why is preliminary cost estimate required?

Please choose the correct answer.

Response:

Options:

A.

To valuate work in progress

B.

To calculate production variances in variance calculation.

C.

To valuate the unplanned scrap in variance calculation.

D.

To confirm the actual activity quantities.

E.

All the above

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Exam Code: C_TFIN22_67
Exam Name: SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7
Last Update: Mar 22, 2024
Questions: 255
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