SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EHP5 (C-TFIN22-65) Free Practice Test

Question 1

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?

A. The system prompts you in a dialog box.

B. An error message is displayed.

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

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

Correct Answer: D

Question 2

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

Question 3

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 4

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

A. Material costs are taken from the billing document (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 goods issue posting (valuated with cost component structure).

D. Material costs are taken from the billing document (valuated according price control).

Correct Answer: B

Question 5

You are missing the commitment values for internal orders.
Where do you have to activate commitment management to get these values? (Choose two)

A. In the original order budget

B. In CO version 0

C. In the order type

D. In the controlling area

Correct Answer: C,D

Question 6

A customer needs an error message to be displayed when the internal order budget has been exceeded by 15%. How can the customer achieve this? Note: There are 2 correct answers to this question.

A. By entering the budget profile in the order type.

B. By activating availability control in the controlling area.

C. By customizing the tolerance limits for the budget profile.

D. By entering the budget profile in the order master data.

Correct Answer: A,C

Question 7

How can you achieve periodic controlling when a lot size based production scenario is used by logistics? Note: There are 2 correct answers to this question.

A. Adjust the default rule in the default values for the production order type.

B. Use a product cost collector in addition to the production order.

C. Use an internal order in addition to the production order.

D. Adjust the costing type of the plan costing variant.

Correct Answer: A,B

Question 8

Where do you have to activate commitment management to enable postings of commitments on cost centers?

A. In the cost center master record

B. In the controlling area

C. In the standard hierarchy

D. In the cost element master record

Correct Answer: B

Question 9

A customer wants to allocate overhead costs to a production order. How can the customer achieve that? Note: There are 3 correct answers to this question.

A. Use a costing sheet.

B. Use indirect activity allocation.

C. Use a template.

D. Use routings and work centers.

E. Define an assessment cycle.

Correct Answer: A,C,D

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SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EHP5 (C-TFIN22-65) Free Practice Test