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

Question 1

Which function do you use to transfer a cost component split that has been calculated in a sales order cost estimate to Profitability Analysis?

A. Product cost estimate

B. Unit cost estimate

C. Additive cost estimate

D. Planned cost estimate

Correct Answer: A

Question 2

Which of the following is a typical process sequence of Product Sale from Stock?

A. Purchase requisition -> Delivery/transport -> Dunning and payment -> Billing

B. Purchase requisition -> Billing -> Transport/goods receipts -> Dunning and payment

C. Incoming order -> Transport/delivery -> Billing -> Dunning and payment

D. Incoming order -> Goods receipts/transport -> Dunning and payment -> Billing

Correct Answer: C

Question 3

What is the correct sequence of the critical tasks in a New General Ledger Accounting migration?

A. 1. Switch off classic G/L
2.Perform new G/L migration and turn on new G/L
3.Close previous fiscal year using classic G/L

B. 1. Perform new G/L migration and turn on new G/L
2.Close previous fiscal year using classic G/L
3.Switch off classic G/L

C. 1. Close previous fiscal year using classic G/L
2.Perform new G/L migration and turn on new G/L
3.Switch off classic G/L

D. 1. Close previous fiscal year using classic G/L
2.Switch off classic G/L
3.Perform new G/L migration and turn on new G/L

Correct Answer: C

Question 4

Which of the following do you define in the general data selection of a Report Painter report?
Please choose the correct answer.
Response:

A. Parameters valid for all rows and columns.

B. Default values for the definition of rows and columns.

C. User, date, and time of report creation.

D. Parameters for the report to report interface.

Correct Answer: A

Question 5

Which of the following are characteristics of Master Data? (Choose two)

A. Is typically assigned to organizational levels.

B. Cannot be changed after creation.

C. Is used long-term for multiple business processes.

D. Must be assigned on client level.

E. Is a template for transactional data.

Correct Answer: A,C

Question 6

Which planning transactions debit receivers with secondary cost elements?
There are 2 correct answers to this question.
Response:

A. Activity input planning

B. Transfer of personnel costs from SAP HCM

C. Transfer of depreciations from Asset Accounting

D. Plan assessment

Correct Answer: A,D

Question 7

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

A. Report groups and reports.

B. Predefined columns and rows.

C. Formats and format figures.

D. Characteristics and key figures.

Correct Answer: D

Question 8

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

A. By adjusting the field status variant.

B. By adjusting the field selection in the order type.

C. By defining an appropriate selection variant.

D. By indicating the fields as mandatory in the model order.

Correct Answer: B

Question 9

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

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 10

A customer complains that in various Fl postings both fields, cost center and internal order, are mandatory. Which setting causes these two fields to be mandatory?

A. The field "order" has accidentally been maintained in the master of the respective cost elements (tab "default account assignment").

B. Both cost centers and internal orders have accidentally been set to "mandatory" in the "status variant" field (group "additional account assignment").

C. Both cost center and internal order have accidentally been maintained in the default account assignment (OKB9).

D. The field "actual posted cost center" has accidentally been maintained in the master of the respective internal order (tab "control data").

Correct Answer: B

Question 11

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? (Choose two)

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 12

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. 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 13

A company wants to prevent postings of more than 5000 EUR on cost centers by generating an error message. What do you recommend?

A. Creating a lock amount on the control tab in the cost center master data.

B. Activating and using availability control for cost centers.

C. Creating a validation rule in the IMG.

D. Creating a substitution rule in the IMG.

Correct Answer: C

Question 14

What are the prerequisites to calculate overhead costs on an internal order? (Choose two)

A. Assign the costing sheet to the costing variant.

B. Assign the costing sheet in the order master data.

C. Define a costing sheet.

D. Define an overhead key.

Correct Answer: B,C

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