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SAP C_TFIN22_67 SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 Exam Practice Test

Demo: 38 questions
Total 255 questions

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

Question 1

Which data can be saved when storing a material cost estimate with quantity structure? (Choose three)

Options:

A.

Log

B.

Cost components split

C.

Extract

D.

Itemization

E.

Variance categories

Question 2

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.

Question 3

What the significance is of valuated sales order stock?

There are 2 correct answers to this question.

Response:

Options:

A.

Variances cannot be determined for this production orders

B.

Combined quantity and value flow

C.

Assembly costs shown without multi-level make-to-production

D.

Provides a cost component split for the cost of goods sold.

Question 4

Which of the following fields are required to create a cost center in management accounting (CO)? (Choose two)

Options:

A.

User responsible

B.

Hierarchy area

C.

Description

D.

Company code

Question 5

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

There are 2 correct answers to this question.

Response:

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.

Question 6

Which of the following statements are correct?

Please choose the correct answer.

Response:

Options:

A.

Accrued costs have a corresponding expense in financial accounting.

B.

Valuation difference doesn’t have a corresponding expense

C.

Additional costs have a corresponding expenses

D.

Accrual calculation is used to distribute irregular expenses to the relevant periods.

Question 7

The system does not allow you to create a primary cost element.

What do you check first?

Options:

A.

Whether the P/L account exists

B.

Whether the cost element category is valid

C.

Whether the balance sheet account exists

D.

Whether the 6/L account currency is the same as the controlling area currency

Question 8

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.

Question 9

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

Question 10

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.

Question 11

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.

Question 12

Which of the following are interactive functions available in the SAP List Viewer There are 3 correct answers to this question.

Options:

A.

Dual control.

B.

Sorting.

C.

Summation.

D.

Master data modification.

E.

D Filters.

Question 13

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.

Question 14

A customer uses assessment cycles in cost center accounting.

What do you need to do to receive the results on the profit centers in New General Ledger Accounting?

Options:

A.

Define and execute the appropriate cycles in New General Ledger Accounting

B.

Activate plan integration for profit centers

C.

Activate document split for cost centers in New General Ledger Accounting

D.

Activate real-time reconciliation between CO and Fl

Question 15

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

Question 16

What planning options do you have on internal orders? (Choose three)

Options:

A.

Activity output planning

B.

Easy cost planning

C.

Overall planning

D.

Unit cost estimate

E.

Top-down planning for order hierarchies

Question 17

What are the period end closing activities for sales order without production i.e. service?

There are 2 correct answers to this question.

Response:

Options:

A.

Result analysis to calculate the costs and revenues of the cost object

B.

The revenues and costs of the sales are settled to financial accounting and profit center accounting

C.

Stocks and reserves are settled to profitability

D.

Create a debit memo based on CO line items

Question 18

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.

Question 19

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

Question 20

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.

Question 21

What happens when a confirmations is being done in process order?

Please choose the correct answer.

Response:

Options:

A.

The internal activity allocation

B.

Withdrawals and consumption of inputs

C.

Receipt of finished products in stock

D.

All the above

Question 22

An Automotive customer works with 600,000 material numbers in a multi-level production environment. The whole costing run takes several hours. Now they are simulating the impact of an alternative production setup, which uses the same raw materials and semi-finished products.

What option would you recommend to significantly shorten the duration of the costing run?

Options:

A.

Use the Schedule Manager to optimize the duration of the Costing Run.

B.

Use the easy cost planning function for simplified and accelerated costing.

C.

Assign a suitable transfer control strategy to the relevant costing variant in the IMG

D.

Define a mixed costing strategy and maintain mixing ratios.

Question 23

What does the planner profile in cost center accounting determine?

Options:

A.

The available planning layouts.

B.

The required planning sequence.

C.

The available planning level.

D.

The available planning methods (for example, top-down, forecast).

Question 24

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

Options:

A.

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

B.

Assign a cost center and its activities in the work center of the routing operation.

C.

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

D.

Assign a cost center and its activities to the bill of material.

Question 25

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

Question 26

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

Question 27

How does material costing support semi-finished and finished materials that are valuated in stock with consistent valuation strategies per company code?

Options:

A.

Costing runs to update the standard prices have to run generally under observation of an external auditor.

B.

You are only allowed to use one single costing variant to update standard prices per period and company code.

C.

You are only allowed to use iterative activity prices in material cost estimates which update standard prices.

D.

You are only allowed to use material cost estimates with quantity structure to update standard prices.

Question 28

10. The SAP List Viewer, commonly known as the ALV, is a powerful tool for displaying dat

a. Among the various ALV types, the ALV Grid Control is used for displaying non-hierarchical table data.

Which of the following statements about the ALV Grid Control are correct?

Options:

A.

By default, a column header will be taken from the data element which is used for specifying the type of the column.

B.

When a report with an ALV Grid Control is executed in background processing, the program will terminate abnormally since controls can-not be addressed in background processing.

C.

The ALV Grid Control can be integrated into a list, a selection-screen, and a classical screen (dynpro).

D.

The ALV display is automatically refreshed when the data in the data-base table is changed

Question 29

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

Question 30

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.

Question 31

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.

Question 32

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

Question 33

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.

Question 34

Which step in the sales from stock process creates the cost of goods sold in Costing-based Profitability Analysis (CO-PA)?

Options:

A.

Billing

B.

Outbound delivery

C.

Creation of the transport order

D.

Creation of the sales order

Question 35

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

Options:

A.

Implementation

B.

Optimization

C.

Retirement

D.

Operations

E.

Validation

Question 36

A certain cost element has conflicting cost center assignments in the Default Account Assignment field (cost element master data) and in the Automatic Account Assignment table (IMG). What happens when a document is posted with this cost element?

Options:

A.

The Automatic Account Assignment (IMG) has a higher priority.

B.

An error message is displayed.

C.

The system prompts you in a dialog box.

D.

The Default Account Assignment (cost element master data) has a higher priority.

Question 37

You post goods to storage location

Options:

A.

You notice that documents are missing, so you decide that the goods should not be used any further for the time being. The missing documents turn up at a later stage and you proceed with the respective posting. The goods are subsequently moved from storage location A to storage location B, which you also record in the system. In what sequence are the three goods movements carried out? Select the correct answer.

B.

Goods receipt - transfer posting - goods issue

C.

Goods receipt - transfer posting - stock transfer

D.

Goods receipt - stock transfer - transfer posting

E.

Goods receipt - transfer order - goods issue

Question 38

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.

Demo: 38 questions
Total 255 questions