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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 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

Question 2

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

Question 3

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.

Question 4

Which common usage scenario is missing from the list of usage scenarios below?

Implement SAP Solutions, Monitor SAP Solutions, Manage Service Desk, link to SAP services, upgrade SAP solutions.

Options:

A.

Monitor Service Desk

B.

Manage Change Requests

C.

Implement SAP services.

D.

Link to change Requests

Question 5

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 6

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 7

What is the main idea of SAP NetWeaver Information Lifecycle Management (ILM)?

Options:

A.

ILM complements data archiving with retention management and retention warehousing.

B.

ILM replaces data archiving.

C.

ILM is the new tool to archive SAP NetWeaver Business Warehouse objects.

D.

ILM is an external storage system delivered by SAP

Question 8

Which of the following do you define in the general data selection of a Report Painter report?

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.

Question 9

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.

Question 10

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

Question 11

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

Question 12

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.

Question 13

Which of the following do you define in a library of the Report Painter?

Options:

A.

Report groups and reports.

B.

Formats and format figures.

C.

Predefined columns and rows.

D.

Characteristics and key figures.

Question 14

You would like to use product cost controlling by sales orders in a make-to-order (MTO) production with sales order stock. How should you configure the system?

Please choose the correct answer.

Response:

Options:

A.

Account assignment category: E

Special stock: E

B.

Account assignment category: M

Special stock: E

C.

Consumption posting indicator: Blank

Special stock: E

D.

Consumption posting indicator: E

Special stock: Blank

Question 15

The characteristic of tangible goods are stated below. Which of the following statement not correct?

Please choose the correct answer.

Response:

Options:

A.

Materials can be produced in-house, subcontracted or procured externally.

B.

Productobject. cost estimate can also be used for comparison purpose in cost controlling

C.

No inventory exists.

D.

The product cost planning is used to arrive at the cost estimate for the same.

Question 16

When do you calculate variances for a production order with order controlling?

Options:

A.

At the end of each period, independent of the order status.

B.

After the final delivery of the production order.

C.

After the first partial delivery of the production order.

D.

After the final confirmation for the last operation.

Question 17

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 18

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.

Question 19

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

Question 20

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.

Question 21

What options are provided by SAP Business Warehouse (SAP BW) when creating financial reports? (Choose two)

Options:

A.

You can display an analysis in Microsoft Access using the Business Explorer viewer.

B.

You can display an analysis on the Web using Enterprise Portal and BEx Web Analyzer.

C.

You can convert a Microsoft Excel pivot table query into an SAP BW report.

D.

You can export a Web report to a BEx Web Analyzer report.

Question 22

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 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

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

Question 25

A customer is interested in using the SAP Solution Manager. How do you explain it to them?

Options:

A.

Provides the development and runtime environment for SAP applications and can be used for custom development and integration with other applications and systems

B.

Facilitates the exchange of information among a company's internal software and systems and those of external parties

C.

Provides business experts with an infrastructure for realizing and operating planning scenarios or other applications

D.

Provides integrated support of the life-cycle of a business solution, from the Business Blueprint, through configuration to production operation

Question 26

You want to enter items in a reference and simulation cost estimate manually. Which item categories can you use?

There are 3 correct answers to this question.

Response:

Options:

A.

I - Sales order item

B.

M - Material

C.

E - Internal activity

D.

K - Cost center

E.

B - Base planning object

Question 27

What is the basis for creating projects in SAP Solution Manager?

Options:

A.

Business scenarios

B.

Business blueprint

C.

Business content

D.

Business documentation

Question 28

Where do you have to assign the costing sheet to enable overhead surcharging for material costing?

Options:

A.

Costing version

B.

Material master

C.

Material cost estimate

D.

Costing variant

Question 29

A customer wants to allocate overhead costs to a production order. How can the customer achieve that? (Choose three)

Options:

A.

Use routings and work centers.

B.

Define an assessment cycle.

C.

Use a template.

D.

Use a costing sheet.

E.

Use indirect activity allocation.

Question 30

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

Question 31

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

Question 32

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

Question 33

What is the purpose of material ledger?

Please choose the correct answer.

Response:

Options:

A.

The requirement of track the inventories values in more than one currency in SAP ERP.

B.

Multi level price determination can calculate the variances that flowed to the higher levels of production process.

C.

Material ledger can be used to revaluate products or raw materials based on actual prices during the period-end closing.

D.

All the above.

Question 34

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

Question 35

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.

Question 36

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 37

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 38

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

Demo: 38 questions
Total 255 questions