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C_TFIN22_67 SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 Questions and Answers

Questions 4

Which of the following statement is correct with reference to activity type?

There are 2 correct answers to this question.

Response:

Options:

A.

It classifies the specific activities provided by a cost center along cost allocation line.

B.

It serves as tracing factor for this cost allocation.

C.

The system calculates the associated cost based on the activity price and generates a credit to the receiver and a debit to the sender for both the quantity and the costs.

D.

The internal activity allocation is carried out via primary cost elements, which are stored in master data of the activity type master record.

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Questions 5

How can you separate vendor payments for construction advances from regular down payments?

Options:

A.

Configure a new vendor account group and assign construction advance vendors to it.

B.

Perform a separate payment run for payment of construction advances.

C.

Make regular down payments, open them for update, and flag them as down payments.

D.

Create and use a Special General Ledger indicator for construction advances.

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Questions 6

Which of the following modules integrates with SAP Learning Solution? (Choose three) s

Options:

A.

Business Intelligence

B.

Personnel Cost Planning

C.

Travel Management

D.

Controlling

E.

Sales & Distribution

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Questions 7

In variance calculation we are using actual costs as the control costs and planned costs as the target costs. Which target cost version we are using?

Please choose the correct answer.

Response:

Options:

A.

Target cost version 0–total variance

B.

Target cost version 1–production variance

C.

Target cost version 2–planning variance

D.

Target cost version 3–production variance of the period

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Questions 8

How can you settle different cost elements of an internal order to different receivers?

Options:

A.

Use a splitting structure.

B.

Use a PA transfer structure.

C.

Use an allocation structure.

D.

Use a source structure.

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Questions 9

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 10

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 11

For which purpose can you use the result of a reference and simulation cost estimate?

Options:

A.

To calculate a price for an internal activity

B.

To calculate a simulated product without a material master

C.

To update the plan data of a production order

D.

To update the standard price of a reference material

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Questions 12

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 13

Which of the following support services can you directly access via the SAP Service Marketplace (http://service.sap.com)?

Options:

A.

Online conferencing with experts on demand

B.

Execute the SAP remote installation service

C.

System access to SAP hosted solutions

D.

Download SAP upgrade guides

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Questions 14

Your customer requires a new Report Painter report that displays both cost information and statistical key figures.

How can you implement this requirement?

Options:

A.

Define two separate reports and combine them

B.

Define two horizontal pages in the report.

C.

Define two variants for the report.

D.

Define two sections in the report.

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Questions 15

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 16

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 17

Which SAP NetWeaver component realizes cross-system application processes?

Options:

A.

SAP Enterprise Portal (SAP EP)

B.

SAP Business Warehouse (SAP BW)

C.

SAP Exchange Infrastructure (SAP XI)

D.

SAP Process Integration (SAP PI)

E.

SAP Master Data Management (SAP MDM)

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Questions 18

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 19

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 20

Which of the following allocation methods in cost center accounting use secondary cost elements? (Choose three)

Options:

A.

Activity allocation

B.

Periodic reposting

C.

Distribution

D.

Overhead surcharges

E.

Assessment

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Questions 21

The difference between Planning vs. Budgeting is as below, which statement is not correct?

Please choose the correct answer.

Response:

Options:

A.

Planning is cost oriented whereas budgeting is funds oriented.

B.

The planning change easily where as budgeting is a binding value and new line item created for each changes.

C.

Planning is based on approved funds whereas budgeting is based on funds requested.

D.

Unutilized budget can be carried forward in subsequent fiscal year but no such function is available in planning.

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Questions 22

The purpose of SAP Solution Manager is to smoothly integrate various SAP solutions to achieve which of the following? (Choose four)

Options:

A.

Faster internet access

B.

Optimal access to support

C.

Faster issue resolution

D.

Faster implementation

E.

Optimal support for operations

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Questions 23

Which function do you use to transfer a cost component split that has been calculated in a sales order cost estimate to Profitability Analysis?

Options:

A.

Product cost estimate

B.

Planned cost estimate

C.

Unit cost estimate

D.

Additive cost estimate

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Questions 24

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 25

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 26

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 27

Which document types are typically incorporated into the Business Blueprint? (Choose three)

Options:

A.

Process models

B.

Business requirements

C.

Project charters

D.

Test cases

E.

Functional solution designs

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Questions 28

How is the preliminary costing of a production order calculated?

Please choose the correct answer.

Response:

Options:

A.

The quantity structure in the production order is valuated by the costing variant settings

B.

The costs are determined by the cost estimate of a reference order.

C.

The actual quantities are valuated with plan values.

D.

The standard price cost estimate of the material master record is adjusted to the order quantity.

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Questions 29

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 30

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 31

To which organizational level do you have to assign the valuation area to create material costings?

Please choose the correct answer.

Response:

Options:

A.

Controlling area

B.

Company code

C.

Business area

D.

Plant

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Questions 32

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 33

Which are the main elements of the Roadmap structure screen?

Options:

A.

Roadmap structure Viewing/Text area Attachments Area

B.

Roadmap structure Blueprint area Attachments Area

C.

Roadmap structure Blueprint area Go-live Area

D.

Roadmap structure Viewing/Text area Go-live Area

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Questions 34

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 35

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 36

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 37

A customer wants to allocate the over absorption/under absorption of cost centers source related to receiver. What is the most accurate allocation rule?

Options:

A.

Assessment of fixed portions based on any value field of the market segments.

B.

Assessment of posted amounts based on any value field of the market segments.

C.

Assessment of posted amounts based on any derivation rule of characteristics.

D.

Assessment of fixed portions based on statistical key figures of the market segment.

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Questions 38

You are creating a customer-specific drilldown report for new general ledger accounting, which of the following elements are required?

There are 2 correct answers to this question.

Response:

Options:

A.

A report header

B.

Characteristics

C.

A form

D.

Variables

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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: Apr 25, 2024
Questions: 255

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