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C_TFIN22_67 Sample Questions Answers

Questions 4

How does the decoupling scenario for production orders in combination with a product cost collector work?

Options:

A.

All costs are posted to the production order, which settles to the product cost collector.

B.

Costs are posted to the product cost collector and statistically to the production order.

C.

Costs are posted to the production order and statistically to the product cost collector.

D.

Costs are only posted to the product cost collector and not to the production order.

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Questions 5

Which of the following needs to be activated in the New GL to implement profit center accounting for all costs and revenues? (Choose two)

Options:

A.

Scenario profit center update

B.

Scenario segment reporting

C.

Real-time integration CO/FI

D.

Document splitting

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Questions 6

A customer allocates a variety of cost elements from many cost centers to others by distribution cycles. The customer complains about the long duration and runtime. What do you recommend to shorten the runtime? (Choose two)

Options:

A.

Use cycle run groups for parallel processing.

B.

Use iteration within the cycles.

C.

Use assessment instead of distribution.

D.

Use an allocation structure within the distribution cycles.

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Questions 7

You are using plan revaluation function in CO Planning. Which of this statement is correct?

Please choose the correct answer.

Response:

Options:

A.

It can be used to create a new plan based on planned version or actual version.

B.

You do not need to manually rekeying the plan.

C.

You can maintain different planned version.

D.

All the above

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Questions 8

Which of the following is the typical sequence of steps in an ASAP roadmap?

Options:

A.

Business blueprint -> Project preparation -> Final preparation -> Realization -> Go-live and support

B.

Project preparation -> Final preparation -> Business blueprint -> Realization -> Go-live and support

C.

Project preparation -> Business blueprint -> Realization -> Final preparation -> Go-live and support

D.

Project preparation -> Realization -> Business blueprint -> Final preparation -> Go-live and support

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Questions 9

What data do you need to set up an accrual calculation with the percentage method?

There are 2 correct answers to this question.

Response:

Options:

A.

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

B.

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

C.

Accrual settlement rules for the cost center

D.

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

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Questions 10

Which of the following are correct descriptions of profit centers? (Choose three)

Options:

A.

Profit centers are the basic organizational units of profitability analysis.

B.

Profit centers are sub units of cost centers.

C.

Profit centers represent an area of responsibility for cost and revenues.

D.

Profit centers are structured in a standard hierarchy.

E.

Profit centers are usually structured in the hierarchy by region, function or product.

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Questions 11

Which of the following statement is not correct in reference to statistical orders?

Please choose the correct answer.

Response:

Options:

A.

Statistical order is used to evaluate costs which cannot be itemized in details in Cost Element or cost center accounting

B.

In order master data we can assign cost center to be posted.

C.

If the statistical order has to be posted cross-company code or cross-business area we do not assign a company code or business area.

D.

We can settle statistical orders and apply overhead to them.

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Questions 12

For which of the following objects can you use a standard movement type to post a goods issue directly from the valuated stock? (Choose three)

Options:

A.

Profit center

B.

Project (WBS element)

C.

Work center

D.

Cost center

E.

Production order

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Questions 13

A customer uses a discrete manufacturing scenario to produce goods to stock. What is a typical customer requirement for using product cost collectors as cost objects?

Options:

A.

The customer demands to get work in process based on actual.

B.

The customer demands to control many production orders on one cost object.

C.

The customer demands to see the aggregated plan costs of the production orders on the product cost collector.

D.

The customer demands to do a multi-level costing for the used cost objects.

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Questions 14

Which of the following statements regarding the SAP NetWeaver platform are correct? (Choose two)

Options:

A.

SAP NetWeaver can power both SAP and non-SAP solutions

B.

SAP NetWeaver’s predefined IT Scenarios describe the allocation of functionality to either the ABAP or Java stack for execution

C.

SAP NetWeaver is an application platform that serves as the foundation for integrating solutions on several different levels

D.

SAP NetWeaver enables process integration through modules such as Business Intelligence and Knowledge Management

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Questions 15

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 16

You are creating an FI posting in classic GL with assignment to a CO object?

Please choose the correct answer.

Response:

Options:

A.

The posting cannot be saved.

B.

The posting will be assigned to the dummy profit center.

C.

The posting will only be posted to the original assigned CO object.

D.

The posting will be assigned to the top node of the profit center standard hierarchy.

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Questions 17

How would you explain a market segment in CO-PA? What is a market segment in CO-PA?

Options:

A.

A certain value combination of the defined characteristics.

B.

A predefined value combination for the characteristics delivered by SAP.

C.

A certain combination of the defined characteristics and value fields.

D.

A certain characteristic combination of predefined values.

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Questions 18

Which of the following elements are required to create a customer-specific drilldown report for New General Ledger Accounting? (Choose two)

Options:

A.

Variables

B.

Characteristics

C.

A form

D.

A report header

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Questions 19

A customer complains that in various Fl postings both fields, cost center and internal order, are mandatory. Which setting causes these two fields to be mandatory?

Options:

A.

Both cost center and internal order have accidentally been maintained in the default account assignment (OKB9).

B.

The field "order" has accidentally been maintained in the master of the respective cost elements (tab "default account assignment").

C.

The field "actual posted cost center" has accidentally been maintained in the master of the respective internal order (tab "control data").

D.

Both cost centers and internal orders have accidentally been set to "mandatory" in the "status variant" field (group "additional account assignment").

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Questions 20

A new SAP customer is looking for a lean monthly reporting that should visualize their requirements of:

Cost of Goods Sold Accounting

Periodic Profitability Accounting

Return on Investment (ROI) key figures

Cost analysis including additional accrued cost

Which application meets all of these reporting requirements?

Options:

A.

Profit Center Accounting drilldown reporting

B.

Profitability reporting in account-based CO-PA

C.

Profitability reporting in costing-based CO-PA

D.

Fl balance sheet and profit and loss reporting based on US GAAP

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Questions 21

Which of the following is the typical sequence of steps in an ASAP roadmap?

Please choose the correct answer.

Response:

Options:

A.

Business blueprint -> Project preparation -> Final preparation -> Realization -> Go-live and support

B.

Project preparation -> Final preparation -> Business blueprint -> Realization -> Go-live and support

C.

Project preparation -> Business blueprint -> Realization -> Final preparation -> Go-live and support

D.

Project preparation -> Realization -> Business blueprint -> Final preparation -> Go-live and support

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Questions 22

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 23

How can you set up a valuation based on a cost estimate in costing-based profitability analysis? (Choose three)

Options:

A.

By assigning the costing variant to valuation variant.

B.

By assigning the costing key to value fields.

C.

By assigning the costing key to products.

D.

By assigning the costing key to material types.

E.

By assigning the costing variant in the costing key.

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Questions 24

Which planning transactions debit receivers with secondary cost elements?

There are 2 correct answers to this question.

Response:

Options:

A.

Transfer of depreciations from Asset Accounting

B.

Activity input planning

C.

Transfer of personnel costs from SAP HCM

D.

Plan assessment

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Questions 25

A customer uses sales order-related manufacturing processes and wants to settle these orders at period-end closing to CO-P

Options:

A.

They complain about the effort to manually maintain the settlement rules to CO-PA. What is the most efficient option to solve this problem?

B.

Automatically provide a strategy sequence for the settlement parameters of the sales order.

C.

Derive the distribution rule from the "PA transfer structure" of CO-PA.

D.

Determine the distribution rule from the assigned account assignment category.

E.

Enter the number of the profitability segment instead of the characteristics combination.

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Questions 26

Which of the following is a typical process sequence of Product Sale from Stock?

Options:

A.

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

B.

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

C.

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

D.

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

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Questions 27

Your New GL customer uses real-time reconciliation of CO and FI. The customer wants to show the value flow of activity allocations between cost centers assigned to different profit centers. What does the customer have to configure?

There are 2 correct answers to this question.

Response:

Options:

A.

Execute the periodic transfer to profit center accounting.

B.

Define a G/L reconciliation account for direct activity allocation.

C.

Select profit center as a characteristic for real time reconciliation between CO and FI.

D.

Carry out a reconciliation run for activities types in the new GL.

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Questions 28

Indentify the benefits of SAP Solution Manager. (Choose five)

Options:

A.

More leverage from IT investments

B.

More Reliable IT solutions.

C.

Reduced cost of operation

D.

Reduced ROI

E.

Faster ROI

F.

Reduced cost of implementation

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Questions 29

Your New GL customer uses real-time reconciliation of CO and FI. The customer wants to show the value flow of activity allocations between cost centers assigned to different profit centers. What does the customer have to configure? (Choose two)

Options:

A.

Execute the periodic transfer to profit center accounting.

B.

Define a G/L reconciliation account for direct activity allocation.

C.

Select profit center as a characteristic for real time reconciliation between CO and FI.

D.

Carry out a reconciliation run for activities types in the new GL.

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Questions 30

In costing, a strategy sequence is used to select a vendor or purchasing info record. The selection criteria are as follows:

i) Prices of vendors

ii) Source list for material.

iii) Purchasing info records.

iv) Quota arrangement for material.

Please choose the correct answer.

Response:

Options:

A.

iv, i, ii, iii

B.

iv, ii, iii, i

C.

i, iv, ii, iii

D.

iii, i, ii, iv

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Questions 31

In January, you posted a headcount of 10 employees as an actual statistical key figure on a cost center. The key figure is defined as fixed value. In July, the headcount is reduced to 8 employees for the rest of the year. What headcount do you have to post?

Options:

A.

-2 in each period July to December.

B.

-2 in period July.

C.

8 in each period July to December.

D.

8 in period July.

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Questions 32

Which of the following data do you specify in the definition of costing-based CO-PA? (Choose two)

Options:

A.

Characteristics and value fields

B.

Chart of accounts

C.

Controlling area

D.

Operating concern currency

E.

Results analysis methods

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Questions 33

A customer wants to perform results analysis on sales orders and needs two different methods for different accounting principles (for example, US-GAAP, IFRS). How can the customer achieve this?

Options:

A.

Use two requirement classes in the sales order item.

B.

Use two results analysis keys in the sales order item.

C.

Use two results analysis versions in the IMG

D.

Use two separate sales order items.

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Questions 34

How can you achieve periodic controlling when a lot size based production scenario is used by logistics? (Choose two)

Options:

A.

Adjust the default rule in the default values for the production order type.

B.

Use an internal order in addition to the production order.

C.

Use a product cost collector in addition to the production order.

D.

Adjust the costing type of the plan costing variant.

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Questions 35

Let say for a product there exists three production versions. There are steps required to create a mixed cost estimate. What are they?

Please choose the correct answer.

Response:

Options:

A.

Create procurement alternatives for each of the production version.

B.

Define mixing ratios for the procurement alternatives.

C.

Select the configured quantity structure type and execute a material cost estimate based on the costing version.

D.

All the above.

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Questions 36

You are using top down distribution function in CO-PA planning. Which of the following statement are not correct?

Please choose the correct answer.

Response:

Options:

A.

It can only be used for automatic planning.

B.

Distributing data that has been planned at one level in CO-PA, to the additional level based on some reference data.

C.

Reference data by period or reference data aggregated across the periods.

D.

Distribute the data from a higher planning level to lower levels.

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Questions 37

Which of the following transactions can generate commitments on CO objects automatically? (Choose two)

Options:

A.

Purchasing quotation

B.

Purchase order

C.

Purchase requisition

D.

Purchasing contract

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Questions 38

Which postings can be triggered by the settlement of a production order? (Choose three)

Options:

A.

Variance categories to profit centers.

B.

Work in Process (WIP) to FI.

C.

Variance categories to profitability analysis.

D.

Balance of the production order to FI.

E.

Work in Process (WIP) to profitability analysis.

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Questions 39

Your company is implementing SAP & wants to analyze profit in your organization. You have chosen Profitability Analysis over Profit Center Accounting. What are the reasons for choosing the same?

There are 2 correct answers to this question.

Response:

Options:

A.

Analyzing the internal Profit and loss of organizational subunit.

B.

Analyzing the profitability of segments of your market, structured according to customers, products, orders, etc. and organizational units.

C.

The data need to be analyzed by period, or project, or by orders.

D.

The data need to be analyzed by period.

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Questions 40

Where do you have to activate commitment management to enable posting commitments on cost centers?

Options:

A.

Cost center master record

B.

Controlling area

C.

Standard hierarchy

D.

Cost element master record

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Questions 41

Identify the four main Types of roadmaps reviewed. (Choose four)

Options:

A.

Upgrade Roadmap

B.

Solution Management Roadmap

C.

Implementation roadmap

D.

Solution Roadmap

E.

Download Roadmap

F.

Global template roadmap

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Questions 42

A customer asks you to explain the category price variances received on production orders. What could be the reason for price variances? (Choose two)

Options:

A.

The activity types were consumed from different cost centers.

B.

The master data of the consumed materials is V price indicated.

C.

The valuation variants of the cost estimate and the production order are different.

D.

The respective routing has changed.

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Questions 43

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 44

You want to receive internal activities in the material cost estimate by using a routing. How do achieve this?

Please choose the correct answer.

Response:

Options:

A.

Assign a cost element with type 43 (internal activity allocation) to the routing operation.

B.

Assign a cost center with category "production" to the routing operation.

C.

Assign a cost center and its activities to the corresponding work center.

D.

Assign a cost center and its activities directly to the routing header.

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Questions 45

How can you set up segment reporting in the New GL? (Choose two)

Options:

A.

By defining segment master records in the application.

B.

By assigning segments in the master record of the profit center.

C.

By assigning segments in the master record of the cost center.

D.

By activating the scenario segment reporting in the customizing.

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Questions 46

What is the SAP Solution Manager?

Options:

A.

It is an own related database system that can be used as an alternative to databases from other vendors.

B.

It supports throughout the entire life-cycle, from the Business Blueprint to the configuration to production processing.

C.

It is an application that is part of the SAP Supply Chain Management application.

D.

It is a robust and lean standard-based platform that enables you to develop Java and composite applications from scratch and on top of existing services.

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Questions 47

Which of the following organizational units are maintained in Management Accounting? (Choose two)

Options:

A.

Controlling area

B.

Operating concern

C.

Company code

D.

Business area

E.

Functional area

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Questions 48

What data is retained when a material cost estimate with quantity structure is saved?

There are 3 correct answers to this question.

Response:

Options:

A.

Itemization

B.

Log

C.

Extract

D.

Variance categories

E.

Cost component split

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Questions 49

A company creates a cost center-related purchase order and complains that the commitment is not visible in the current commitment report, although commitment management is properly setup in CO. What is a possible reason?

Options:

A.

Commitment relevance is not activated in the relevant vendor master record.

B.

Commitments are not posted real-time, but with a periodic transaction.

C.

Commitment relevance is not activated in the relevant material master record.

D.

The commitment is already posted, but only visible in the report of the future period based on the planned goods receipt date.

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Questions 50

A customer wants to prepare and execute a global roll-out.

Which type of project within SAP Solution Manager do you recommend to start with?

Options:

A.

Implementation Project

B.

Maintenance Project

C.

Upgrade Project

D.

Template Project

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Questions 51

Which of the following allows you to calculate additional values for value fields in CO-PA, which are not transferred by the actual source postings?

Options:

A.

Value field derivation

B.

Costing sheet

C.

Substitution

D.

Results analysis

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Questions 52

Which of the following statements are correct?

Please choose the correct answer

Response:

Options:

A.

Cost center can be defaulted in all FI line items in all GL accounts

B.

Internal order can be defaulted in all FI line items in all GL accounts

C.

Cost center can be defaulted in GL accounts provided it is assigned to company code.

D.

Cost center is linked to company code as Chart of accounts is linked to the same company code.

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Questions 53

You want planning for profit center accounting & for that you need to perform certain configuration. Which of the following statements are correct?

Please choose the correct answer.

Response:

Options:

A.

You have to activate the summary tables

B.

The planning layout is by default available for planning

C.

The plan period for planning is copied from the fiscal year variant of company code

D.

The planning document type is already activated

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Questions 54

Which of the following integration scenarios exist in SAP ERP? (Choose two)

Options:

A.

Personnel Cost Planning with Asset Accounting (FI-AA)

B.

Fl integration with Payroll

C.

PA master data with CO cost centers

D.

Cross-Application Time Sheet (CATS) integration with PP confirmations

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Questions 55

What can be sender & receiver in distribution?

Please choose the correct answer.

Response:

Options:

A.

Sender– Cost center, project, business process. Receiver– Cost center, internal order, WBS element, cost object, business process.

B.

Sender– Cost center, internal order, project, business process. Receiver– Cost center, internal order, WBS element, cost object, business process.

C.

Sender– Cost center, cost object, project, business process. Receiver– Cost center, internal order, WBS element, cost object, business process.

D.

Sender– Cost center, business process. Receiver– Cost center, internal order, WBS element, cost object, business process.

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Questions 56

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 57

A customer wants to allocate internal and external costs, based on statistical key figure values, to the receivers. Which method do you choose?

Options:

A.

Assessment

B.

Overhead calculation

C.

Distribution

D.

Settlement

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Questions 58

The management of an international company perceives the implementation of SAP ECC 6.0 with the New General Ledger Accounting as an opportunity to standardize their global processes and still be in compliance with statutory local reporting. What are some of the key design decisions that support their global requirements? (Choose three)

Options:

A.

They should design one leading ledger and one non-leading ledger to capture parallel accounting reporting requirements.

B.

They should adopt a master data governance strategy to globally enhance the integrity of master data.

C.

They should use one global controlling area and assign the credit control areas to the controlling area.

D.

They should define multiple controlling areas and assign company codes to the controlling areas.

E.

They should use one standard global chart of accounts and one global controlling area and assign the company codes to the controlling area.

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Questions 59

Which of the following is a typical sequence of steps in a Purchase to Pay process?

Options:

A.

Purchase requisition -> Purchase order -> Goods receipt -> Invoice verification Payment

B.

Purchase requisition -> Goods issue -> Purchase verification -> Invoice receipts Payment

C.

Purchase requisition -> Goods verification -> Purchase receipts -> Invoice receipts Payment

D.

Purchase order -> Purchase requisition -> Goods receipt -> Invoice verification Payment

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Questions 60

A customer has a 1000 cost centers each with about 100 different primary cost elements.

Select the ranking of cost allocation methods according to the shortest expected runtime (list the fastest method first).

Options:

A.

Periodic Reposting < Assessment < Distribution

B.

Assessment < Periodic Reposting < Distribution

C.

Distribution < Assessment < Periodic Reposting

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Questions 61

What is the correct sequence of the ASAP methodology phases?

Options:

A.

Project Preparation -> Business Blueprint -> Realization -> Training -> Go Live Support -> Run

B.

Project Launch -> Requirements and Design -> Build -> Go Live -> Run -> Optimization

C.

Project Preparation -> Business Blueprint -> Realization -> Final Preparation -> Go Live Support -> Run

D.

Plan Project -> Design Solution -> Build Solution -> Test -> Hand Over to IT -> Operate

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Questions 62

Difference between periodic reposting and distributions are

There are 2 correct answers to this question.

Response:

Options:

A.

For periodic reposting separate credit record is written in the sender cost center whereas for distributions no separate credit record is written in the sender cost center.

B.

In periodic reposting no partner is updated where during distribution the system also updates the partner in the total record for the sender.

C.

The distribution is used to transfer primary as well as secondary costs whereas periodic reposting is used to transfer primary costs.

D.

The performance of periodic reposting is better distribution.

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Questions 63

What happens when a vendor's invoice is posted?

Options:

A.

The payment is applied to the vendor's account.

B.

The standard price in the material master is recalculated.

C.

The goods receipts/invoice receipts (GR/IR) account within the general ledger is debited.

D.

An accounting document is generated that posts directly to the accounts payable account within the general ledger.

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Questions 64

Which of the following are the right organizational assignments starting from the top of the organization structure (top-down)?

Options:

A.

Controlling area, Operating concern, Company code, Plant, Storage location

B.

Company code, Operating concern, Controlling area, Plant, Storage location

C.

Operating concern, Controlling area, Company code, Plant, Storage location

D.

Operating concern, Controlling area, Company code, Storage location, Plant

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Questions 65

Where is it possible to carry out a new price determination? (Choose two)

Options:

A.

Invoice document

B.

Invoice transfer to Fl

C.

Controlling document

D.

Copy control from delivery to invoice

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Questions 66

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 67

How can you use resource related billing for sales order items?

Options:

A.

Assign production orders with BOMs and routings.

B.

Use a Requirement class with an indicator set for resource related billing.

C.

Use Easy Cost Planning and Execution Services.

D.

Assign Dynamic Item Processor (DIP) profiles.

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Questions 68

In which master record can you enter a profit center directly?

There are 3 correct answers to this question.

Response:

Options:

A.

Material master

B.

Activity type

C.

Cost element

D.

Cost center

E.

Internal order

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Questions 69

What runtime environments are provided by SAP NetWeaver? (Choose two)

Options:

A.

WebSphere AS

B.

Apache Tomcat

C.

ASABAP

D.

AS Java

E.

Boss AS

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Questions 70

A customer using account based CO-PA sells material from stock. How is the 'cost of goods sold' transferred and valuated?

Please choose the correct answer.

Response:

Options:

A.

Material costs are taken from the goods issue posting (valuated with cost component structure).

B.

Material costs are taken from the goods issue posting (valuated according price control).

C.

Material costs are taken from the billing document (valuated with cost component structure)

D.

Material costs are taken from the billing document (valuated according price control).

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Questions 71

Which of the following views and results do profit center accounting reports in New GL provide? (Choose three)

Options:

A.

Return on investment

B.

Balance sheet statement

C.

Fixed and variable cost portions

D.

Variance categories of production

E.

Cost of goods sold

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Questions 72

The customer requires a new Report Painter report displaying cost information and statistical key figures in one report.

Options:

A.

By defining two separate reports and combining them.

B.

By defining two variants for the report.

C.

By defining additional rows in the report.

D.

By defining two sections in the report.

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Questions 73

Which information is transferred when you settle an Internal Order to costing-based CO-PA?

Options:

A.

Cost component split of the order cost.

B.

Characteristic values of the settlement rule.

C.

Variance categories of the internal order.

D.

All information of the internal order master data.

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Questions 74

Which of the following is defined in the PA transfer structure?

Options:

A.

Assignment of source cost elements to allocation cost elements.

B.

Assignment of distribution rules to certain cost elements.

C.

Assignment of master data to characteristics.

D.

Assignment of cost elements to value fields.

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Questions 75

Which are the necessary steps to create a validation?

Options:

A.

Prerequisite, check, message

B.

Check, control, message

C.

Check, update, message

D.

Prerequisite, check, update, control

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Questions 76

What are the advantages of a real internal order compared to a statistical order?

(Choose two)

Options:

A.

Overhead surcharges collection

B.

Budget and availability control

C.

Settlement splitting to different receivers

D.

Exception reporting

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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: Oct 7, 2024
Questions: 255
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