SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EHP4 (C-TFIN22-64) Free Practice Test

Question 1

What does the planner profile in cost center accounting determine?

A. The available planning level.

B. The required planning sequence.

C. The available planning layouts.

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

Correct Answer: C

Question 2

Which of the following are correct descriptions of profit centers? Note: There are 3 correct answers to this question.

A. Profit centers are usually structured in the hierarchy by region, function or product.

B. Profit centers are the basic organizational units of profitability analysis.

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 sub units of cost centers.

Correct Answer: A,C,D

Question 3

Which data do you need to set up an accrual calculation with the percentage method? Note: There are 2 correct answers to this question.

A. Accrual settlement rules with percentage method.

B. Primary cost element (category 3) as accrual cost element.

C. Secondary cost element (category 31) as accrual cost element.

D. Cost center or internal order (order category 2) as credit object.

E. Accrual allocation cycle with sender receiver segments.

Correct Answer: B,D

Question 4

Which of the following organizational units are maintained in Management Accounting? Note: There are 2 correct answers to this question.

A. Controlling area

B. Business area

C. Operating concern

D. Company code

E. Functional area

Correct Answer: A,C

Question 5

Which of the following allows you to calculate additional values for value fields in CO-PA, which are not transferred by the actual source postings?

A. Costing sheet

B. Substitution

C. Results analysis

D. Value field derivation

Correct Answer: A

Question 6

How does the decoupling scenario for production orders in combination with a product cost collector work?

A. Costs are posted to the product cost collector and statistically to the production order.

B. Costs are posted to the production order and statistically to the product cost collector.

C. All costs are posted to the production order, which settles to the product cost collector.

D. Costs are only posted to the product cost collector and not to the production order.

Correct Answer: D

Question 7

How can you credit internal orders at period-end closing? Note: There are 2 correct answers to this question.

A. Use settlement.

B. Use overhead surcharging.

C. Use periodic reposting.

D. Use template allocation.

Correct Answer: A,C

Question 8

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? Note: There are 2 correct answers to this question.

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.

Correct Answer: B,C

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SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EHP4 (C-TFIN22-64) Free Practice Test