C-TFIN22-67 by SAP Actual Free Exam Q&As

Question 1

Which field in the material master determines if the value of the material stock changes when releasing a cost estimate for this material?

A. Valuation class B. Valuation type C. Price determination D. Price control

Discussion 0

Correct Answer: D Vote an answer

Question 2

Which of the following statement are correct with reference to Standard price?
Please choose the correct answer.
Response:

A. Price difference cannot be subsequently adjusted to the ending inventories or the consumed products. B. Price fluctuations credit/debit the cost objects. C. Where the price varies from the standard price, the differences are posted to material account. D. All stock posting takes place at moving average price.

Discussion 0

Correct Answer: A Vote an answer

Question 3

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)

A. Define a G/L reconciliation account for direct activity allocation. B. Select profit center as a characteristic for real time reconciliation between CO and FI. C. Execute the periodic transfer to profit center accounting. D. Carry out a reconciliation run for activities types in the new GL.

Discussion 0

Correct Answer: A,B Vote an answer

Question 4

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?

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

Discussion 0

Correct Answer: C Vote an answer

Question 5

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

A. Document Management B. Variant Configuration Management C. Engineering Change Management D. Product Structure Browser

Discussion 0

Correct Answer: A Vote an answer

Question 6

You use real-time reconciliation between Controlling (CO) and Financial Accounting (FI) within New General Ledger Accounting.
You therefore want to receive a reconciliation posting in FI when you allocate an internal activity between cost centers assigned to different profit centers. How do you fulfill this requirement?
There are 2 correct answers to this question.
Response:

A. Select profit center as a characteristic for real-time reconciliation. B. Define a general ledger reconciliation account for direct activity allocation. C. Execute the periodic transfer to Profit Center Accounting. D. Carry out a reconciliation run for activity types in the new general ledger.

Discussion 0

Correct Answer: A,B Vote an answer

Question 7

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

A. Material master B. Internal order C. Cost center D. Cost element E. Activity type

Discussion 0

Correct Answer: A,B,C Vote an answer

Question 8

How do you receive the internal activities in the material cost estimate using a logistic quantity structure?

A. Assign a cost center and its activities to the bill of material. B. Assign a cost element with type 43 (internal activity allocation) to the routing operation. C. Assign the responsible cost center and its activities directly to the routing header. D. Assign a cost center and its activities in the work center of the routing operation.

Discussion 0

Correct Answer: D Vote an answer

Question 9

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

A. Profit centers represent an area of responsibility for cost and revenues. B. Profit centers are sub units of cost centers. C. Profit centers are the basic organizational units of profitability analysis. D. Profit centers are usually structured in the hierarchy by region, function or product. E. Profit centers are structured in a standard hierarchy.

Discussion 0

Correct Answer: A,D,E Vote an answer

Question 10

A customer uses assessment cycles in cost center accounting. How can the customer see the results on the profit centers in New GL?

A. By activating document split for cost centers in New GL. B. By activating the real-time reconciliation between CO and FI. C. By defining and execute the equivalent cycles in the New GL. D. By activating plan integration for profit centers.

Discussion 0

Correct Answer: B Vote an answer

Question 11

Which of the following statement is not correct in reference to statistical orders?
Please choose the correct answer.
Response:

A. In order master data we can assign cost center to be posted. B. Statistical order is used to evaluate costs which cannot be itemized in details in Cost Element or cost center accounting 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.

Discussion 0

Correct Answer: D Vote an answer

Question 12

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

A. The posting will be assigned to the top node of the profit center standard hierarchy. B. The posting cannot be saved. C. The posting will only be posted to the original assigned CO object. D. The posting will be assigned to the dummy profit center.

Discussion 0

Correct Answer: D Vote an answer

Question 13

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

A. Faster internet access B. Optimal support for operations C. Faster implementation D. Faster issue resolution E. Optimal access to support

Discussion 0

Correct Answer: B,C,D,E Vote an answer

Question 14

A customer wants to define some fields as mandatory in an internal order. How can the customer achieve this?

A. By adjusting the field selection in the order type. B. By adjusting the field status variant. C. By defining an appropriate selection variant. D. By indicating the fields as mandatory in the model order.

Discussion 0

Correct Answer: A Vote an answer

SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 - C-TFIN22-67 Exam Practice Test