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SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7

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Question # 1

A customer wants you to explain the results of the preliminary costing of a production order. How are the results determined?

Options:

A.  

The actual quantities are valuated with plan values.

B.  

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

C.  

The standard cost estimate is copied from the material master and adjusted by the order quantity.

D.  

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

Discussion 0
Question # 2

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

Discussion 0
Question # 3

The differences between Summarization vs. saving reports is as below, which statement is not correct?

Please choose the correct answer.

Response:

Options:

A.  

Navigation in hierarchies possible in summarization while no navigation in hierarchies is possible in saving.

B.  

Navigation in reports not possible in summarization while navigation in reports is possible in saving reports.

C.  

In summarization different reports from same area’s data, while data save according to specific report in saving reports.

D.  

Quick ad hoc reports in summarization while specific report in saving reports.

Discussion 0
Question # 4

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

Discussion 0
Question # 5

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.

Discussion 0
Question # 6

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.

Discussion 0
Question # 7

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.

Discussion 0
Question # 8

A customer, who already runs SAP ERP, wants to implement a BI solution. You are building a presentation in order to show the advantages of the SAP BI solution.

What would be the key benefits of SAP BI in your presentation? (Choose two)

Options:

A.  

SAP BI always provides real-time data from operative SAP applications.

B.  

SAP BI enables Online Transaction Processing (OLTP) for the staging of information from large amounts of operative and historical data.

C.  

SAP BI, with its delivered Business Content, can be easily set up to extract data from SAP applications.

D.  

SAP BI easily integrates information from various operative SAP applications and non-SAP applications.

Discussion 0
Question # 9

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

Discussion 0
Question # 10

Many of a company's customers regularly pay less than is charged on their bills, or fail to pay their bills at all. Along with normal dunning letters, the company uses a manual, not IT-based process, to track and resolve these cases.

Which application would you recommend to improve the processing of accounts receivable and to reduce outstanding invoices?

Options:

A.  

SAP Cash Management

B.  

SAP Credit Management

C.  

SAP Billing Consolidation

D.  

SAP Collections and SAP Dispute Management

Discussion 0
Question # 11

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

Options:

A.  

Controlling area

B.  

Company code

C.  

Business area

D.  

Plant

Discussion 0
Question # 12

A customer is missing the values for commitments for internal orders. Where does the customer have to activate Commitment Management to get these values? (Choose two)

Options:

A.  

In the order type.

B.  

In the original order budget.

C.  

In the controlling area.

D.  

In the original order budget.

Discussion 0
Question # 13

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

Discussion 0
Question # 14

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.

Discussion 0
Question # 15

Which of the following statement not correct with reference to revaluation?

Please choose the correct answer.

Response:

Options:

A.  

We can increase or decrease planning data on a percentage basis.

B.  

We can revaluate cost and amounts.

C.  

We can revaluate all cost elements used in the primary cost element and revenue planning.

D.  

We can revaluate assessment cost center, imputed cost elements and cost elements used in indirect activity allocation.

Discussion 0
Question # 16

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.

Discussion 0
Question # 17

A controlling area has been created for more than one company code. Which of the following statement are not correct?

Please choose the correct answer.

Response:

Options:

A.  

The operating chart of accounts for company codes & controlling area has to be identical.

B.  

The profit centre covers more than one company codes.

C.  

The closing in management accounting is independent of final closing in financial accounting.

D.  

Group costing is required for goods manufactured across the company code.

Discussion 0
Question # 18

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

Discussion 0
Question # 19

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

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).

Discussion 0
Question # 20

Where do you determine the price finding strategy for material costing?

Options:

A.  

Valuation variant

B.  

Price control

C.  

Price determination

D.  

Valuation class

Discussion 0
Question # 21

You are using drill down reporting to evaluate data in Profitability analysis and you have defined an exception for an entire column, which of the following functionality is available in the drill down report?

There are 2 correct answers to this question.

Response:

Options:

A.  

The exception can be applied to entire list of the report.

B.  

The exception can be defined on a drill-down list.

C.  

The exception consists of two threshold values.

D.  

The exception is not visible if we drill down to next level.

Discussion 0
Question # 22

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-P

A.  

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-P

A.  

D.  

Determine the distribution rule from the assigned account assignment category.

E.  

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

Discussion 0
Question # 23

A customer in a high-inflation country produces goods consuming raw materials with high price differences. Which option allows the roll-up of these price differences to the final product?

Options:

A.  

Use moving average price for all materials.

B.  

Use actual activity price determination in Cost Center Accounting.

C.  

Implement Actual Costing in the Material Ledger.

D.  

Implement Transfer pricing in the Material Ledger.

Discussion 0
Question # 24

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

Discussion 0
Question # 25

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

Discussion 0
Question # 26

Which of the following statement are correct in reference to primary cost element?

Please choose the correct answer.

Response:

Options:

A.  

It can be created without the respective general ledger existing in Operational charts of accounts.

B.  

The posting of primary cost element doesn’t require an object in the management accounting to identify the origin of the costs.

C.  

You need to create expense accounts in financial accounting with corresponding primary cost elements in controlling.

D.  

An example of primary cost is depreciation of fixed assets, telephone expenses, repair& maintenance expenses in a manufacturing organization.

Discussion 0
Question # 27

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

Discussion 0
Question # 28

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

Discussion 0
Question # 29

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

Discussion 0
Question # 30

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.

Discussion 0
Question # 31

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

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.

Discussion 0
Question # 32

Your organization wants to find out the following:

Where is the overhead costs incurred in the organization?

How to allocate the overhead costs from different areas to the actual cost causes?

Cause based allocation of costs in the form of activities? How the responsibility areas working efficiently?

Please choose the correct answer.

Response:

Options:

A.  

Cost Center Accounting

B.  

Cost Element Accounting

C.  

Profit Center Accounting

D.  

Overhead Cost controlling

Discussion 0
Question # 33

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.

Discussion 0
Question # 34

What are the names of the process hierarchy levels in SAP Solution Manager?

Options:

A.  

Business Processes, Business Process Step, Activities

B.  

Business Process Maps, Business Scenarios, Business Processes

C.  

Business scenarios, Business Processes, Activity Steps

D.  

Business Scenarios, Business Processes, Business Process Steps

Discussion 0
Question # 35

Which of the following statement is not correct?

Please choose the correct answer.

Response:

Options:

A.  

Statistical key figures are tracing factor for reposting & allocation of the cost relating to cost center, profit center, Overheads.

B.  

We can post both planned as well as actual statistical key figures.

C.  

The fixed value statistical key figure is posted in the period in which it is entered.

D.  

We can use statistical key figures both as a basis for periodic transactions and for analysis of key figures.

Discussion 0
Question # 36

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

Discussion 0
Question # 37

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

Discussion 0
Question # 38

Which of the following SAP Life-Cycle Data Management functions provides the integration of external files into SAP ERP?

Options:

A.  

Variant Configuration Management

B.  

Engineering Change Management

C.  

Document Management

D.  

Product Structure Browser

Discussion 0
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