C-TFIN22-64 by SAP Valid Free Exam Practice Test

Question 1

In which master record can you enter a profit center directly? Note: There are 3 correct answers to this question.

A. Cost element B. Cost center C. Internal order D. Activity type E. Material master

Correct Answer: B,C,E

Question 2

Which of the following is the typical sequence of steps in an ASAP roadmap?

A. Project preparation -> Business blueprint -> Realization -> Final preparation -> Go-live and support B. Business blueprint -> Project preparation -> Final preparation -> Realization -> Go-live and support C. Project preparation -> Final preparation -> Business blueprint -> Realization -> Go-live and support D. Project preparation -> Realization -> Business blueprint -> Final preparation -> Go-live and support

Correct Answer: A

Question 3

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

A. You are only allowed to use iterative activity prices in material cost estimates which update standard prices. B. Costing runs to update the standard prices have to run generally under observation of an external auditor. C. You are only allowed to use one single costing variant to update standard prices per period and company code. D. You are only allowed to use material cost estimates with quantity structure to update standard prices.

Correct Answer: C

Question 4

For what purpose can you use a statistical internal order? Note: There are 2 correct answers to this question.

A. Settlement. B. Cost planning. C. Budget and availability control. D. Overhead surcharges.

Correct Answer: B,C

Question 5

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. Characteristics and key figures. D. Formats and format figures.

Correct Answer: C

Question 6

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 allocation cycle with sender receiver segments. B. Accrual settlement rules with percentage method. C. Secondary cost element (category 31) as accrual cost element. D. Primary cost element (category 3) as accrual cost element. E. Cost center or internal order (order category 2) as credit object.

Correct Answer: D,E

Question 7

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 goods issue posting (valuated according price control). B. Material costs are taken from the goods issue posting (valuated with cost component structure). C. Material costs are taken from the billing document (valuated with cost component structure). D. Material costs are taken from the billing document (valuated according price control).

Correct Answer: A

Question 8

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. Value field derivation B. Substitution C. Results analysis D. Costing sheet

Correct Answer: D

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