C-TFIN22-67 by SAP Valid Free Exam Practice Test

Question 1

A company wants to use Profitability Analysis (CO-PA) to obtain an early analysis of their anticipated profits. Which functionality provides the best results?

A. Analyze sales quotation as a detail value. B. Transfer the plan balance data from Fl to account-based CO-PA and use record type "F" for analysis. C. Transfer the plan data from the "Sales and operation planning" to costing-based CO-PA and use record type "P" for analysis. D. Transfer sales orders and quotations from SD to costing-based CO-PA and use record type "A" for analysis. E. Transfer sales orders and quotations from SD to account-based CO-PA and use record type "F" for analysis.

Correct Answer: D

Question 2

You want planning for profit center accounting & for that you need to perform certain configuration. Which of the following statements are correct?
Please choose the correct answer.
Response:

A. The planning document type is already activated B. The planning layout is by default available for planning C. The plan period for planning is copied from the fiscal year variant of company code D. You have to activate the summary tables

Correct Answer: D

Question 3

What are the requirements to create primary cost component splits?
Please choose the correct answer.
Response:

A. Assign a cost component structure in the CO version in cost center and process cost planning. B. Define a transfer structure for the transfer of cost components in cost centers and Activity-based-costing to the cost components. C. Determine the prices through planned price iteration. D. All the above E. Define a cost component structure for the primary cost component split of product cost planning.

Correct Answer: D

Question 4

Which of the following processes changes the acquisition value of an asset?

A. Change of the depreciation key of the asset B. Unplanned depreciation of the asset C. Change of the useful life of the asset D. Retirement of the asset

Correct Answer: A,B,C

Question 5

Your customer requires a new Report Painter report that displays both cost information and statistical key figures.
How can you implement this requirement?

A. Define two horizontal pages in the report. B. Define two separate reports and combine them C. Define two variants for the report. D. Define two sections in the report.

Correct Answer: D

Question 6

A customer uses assessment cycles in cost center accounting. How can the customer see the results on the profit centers in New GL?

A. By defining and execute the equivalent cycles in the New GL. B. By activating plan integration for profit centers. C. By activating document split for cost centers in New GL. D. By activating the real-time reconciliation between CO and FI.

Correct Answer: D

Question 7

Which of the following is the typical sequence of steps in an ASAP roadmap?
Please choose the correct answer.
Response:

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 8

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

A. Incoming order -> Goods receipts/transport -> Dunning and payment -> Billing B. Incoming order -> Transport/delivery -> Billing -> Dunning and payment C. Purchase requisition -> Billing -> Transport/goods receipts -> Dunning and payment D. Purchase requisition -> Delivery/transport -> Dunning and payment -> Billing

Correct Answer: B

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:

A. Distributing data that has been planned at one level in CO-PA, to the additional level based on some reference data. B. Distribute the data from a higher planning level to lower levels. C. Reference data by period or reference data aggregated across the periods. D. It can only be used for automatic planning.

Correct Answer: D

Question 10

Suppose the financial accounting & management accounting has same number of posting period, but in financial accounting four special periods have been setup but in management accounting two special periods have been setup.
The posting in financial accounting are done for third & fourth special period then what will be the posting in management accounting?
Please choose the correct answer.
Response:

A. No posting will be done in management accounting. B. The posting will be done in the first special period in management accounting. C. The posting will be done in last management accounting posting period. D. The posting will be done in the Second special period in management accounting.

Correct Answer: D

Question 11

Which of the following views and results do profit center accounting reports in New GL provide? (Choose three)

A. Cost of goods sold B. Return on investment C. Fixed and variable cost portions D. Variance categories of production E. Balance sheet statement

Correct Answer: A,B,E

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