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C_TFIN22_67 Questions and Answers

Question # 6

The customer requires a new Report Painter report displaying cost information and statistical key figures in one report.

A.

By defining two separate reports and combining them.

B.

By defining two variants for the report.

C.

By defining additional rows in the report.

D.

By defining two sections in the report.

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Question # 7

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 customizing the tolerance limits for the budget profile.

C.

By activating availability control in the controlling area.

D.

By entering the budget profile in the order master data.

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Question # 8

For what purpose can you use a statistical internal order? (Choose two)

A.

Overhead surcharges.

B.

Settlement.

C.

Budget and availability control.

D.

Cost planning.

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Question # 9

When creating an internal order, which data is derived from the order type?

There are 2 correct answers to this question.

Response:

A.

Settlement rule

B.

Settlement profile

C.

Commitment profile

D.

Model or reference order default entries

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Question # 10

The characteristic of tangible goods are stated below. Which of the following statement not correct?

Please choose the correct answer.

Response:

A.

Materials can be produced in-house, subcontracted or procured externally.

B.

Productobject. cost estimate can also be used for comparison purpose in cost controlling

C.

No inventory exists.

D.

The product cost planning is used to arrive at the cost estimate for the same.

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Question # 11

Which of the following is a typical sequence of steps in a Purchase to Pay process?

A.

Purchase requisition -> Purchase order -> Goods receipt -> Invoice verification Payment

B.

Purchase requisition -> Goods issue -> Purchase verification -> Invoice receipts Payment

C.

Purchase requisition -> Goods verification -> Purchase receipts -> Invoice receipts Payment

D.

Purchase order -> Purchase requisition -> Goods receipt -> Invoice verification Payment

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Question # 12

A customer uses assessment cycles in cost center accounting.

What do you need to do to receive the results on the profit centers in New General Ledger Accounting?

A.

Define and execute the appropriate cycles in New General Ledger Accounting

B.

Activate plan integration for profit centers

C.

Activate document split for cost centers in New General Ledger Accounting

D.

Activate real-time reconciliation between CO and Fl

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Question # 13

Which of the following statement are correct with reference to Standard price?

Please choose the correct answer.

Response:

A.

All stock posting takes place at moving average price.

B.

Price fluctuations credit/debit the cost objects.

C.

Price difference cannot be subsequently adjusted to the ending inventories or the consumed products.

D.

Where the price varies from the standard price, the differences are posted to material account.

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Question # 14

Which methods allow a customer to assign their plan costs more accurately to the different activity types per cost center? (Choose two)

A.

Activity-dependent manual cost planning

B.

Plan cost assessment cycle

C.

Usage of a splitting structure for the plan price calculation

D.

Pre-distribution of fixed cost

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Question # 15

A service company decides to implement Activity-Based Costing. They collect all process-related cost on ABC processes and want to allocate them periodically to their sales orders in Sales Order Management. Which functionality do you implement?

A.

Process assessment cycles

B.

Process settlement

C.

Template allocation technique

D.

Indirect process allocation

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Question # 16

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?

There are 2 correct answers to this question.

Response:

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.

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Question # 17

How can you settle different cost elements of an internal order to different receivers?

A.

Use a splitting structure.

B.

Use a PA transfer structure.

C.

Use an allocation structure.

D.

Use a source structure.

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Question # 18

Which document types are typically incorporated into the Business Blueprint? (Choose three)

A.

Process models

B.

Business requirements

C.

Project charters

D.

Test cases

E.

Functional solution designs

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Question # 19

A customer allocates a variety of cost elements from many cost centers to others by distribution cycles. The customer complains about the long duration and runtime. What do you recommend to shorten the runtime? (Choose two)

A.

Use cycle run groups for parallel processing.

B.

Use iteration within the cycles.

C.

Use assessment instead of distribution.

D.

Use an allocation structure within the distribution cycles.

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Question # 20

The system does not allow you to create a primary cost element.

What do you check first?

A.

Whether the P/L account exists

B.

Whether the cost element category is valid

C.

Whether the balance sheet account exists

D.

Whether the 6/L account currency is the same as the controlling area currency

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Question # 21

Which data sources can be included directly into service level reports in SAP Solution Manager? (Choose two)

A.

Solution Manager BW

B.

Wily Introscope Enterprise Manager

C.

Early Watch Alert

D.

Implementation projects

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Question # 22

When do you calculate variances for a production order with order controlling?

A.

At the end of each period, independent of the order status.

B.

After the final delivery of the production order.

C.

After the first partial delivery of the production order.

D.

After the final confirmation for the last operation.

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Question # 23

Which are the necessary steps to create a validation?

A.

Prerequisite, check, message

B.

Check, control, message

C.

Check, update, message

D.

Prerequisite, check, update, control

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Question # 24

Identify the steps in the ASAP methodology. (Select five)

A.

Roll out

B.

Realization

C.

Final Preparation

D.

Project Preparation

E.

Business Blueprint

F.

Go live & Support

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Question # 25

A company creates a cost center-related purchase order and complains that the commitment is not visible in the current commitment report, although commitment management is properly setup in CO. What is a possible reason?

A.

Commitment relevance is not activated in the relevant vendor master record.

B.

Commitments are not posted real-time, but with a periodic transaction.

C.

Commitment relevance is not activated in the relevant material master record.

D.

The commitment is already posted, but only visible in the report of the future period based on the planned goods receipt date.

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Question # 26

Which data can be saved when storing a material cost estimate with quantity structure? (Choose three)

A.

Log

B.

Cost components split

C.

Extract

D.

Itemization

E.

Variance categories

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Question # 27

The assignment of organizational units, company code ,business area or profit center of a cost center can be changed during the financial year only if following criteria is meet:

Which of the above statement is not correct?

Please choose the correct answer.

Response:

A.

The currency of new & old company code is same.

B.

The planning data has only been posted in the fiscal year.

C.

The cost center has not been assigned to a fixed asset, HR master record or work center

D.

The transaction data has been posted in the fiscal year

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Question # 28

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.

Planned cost estimate

C.

Unit cost estimate

D.

Additive cost estimate

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Question # 29

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 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 billing document (valuated with cost component structure).

D.

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

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Question # 30

Indentify the benefits of SAP Solution Manager. (Choose five)

A.

More leverage from IT investments

B.

More Reliable IT solutions.

C.

Reduced cost of operation

D.

Reduced ROI

E.

Faster ROI

F.

Reduced cost of implementation

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Question # 31

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

A.

Activating and using availability control for cost centers.

B.

Creating a substitution rule in the IMG.

C.

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

D.

Creating a validation rule in the IMG.

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Question # 32

The customer requires a flexible selection of cost elements when starting a Report Painter report. How do you define the report?

A.

Using a row model with predefined key figures.

B.

Using a variable for the cost element group.

C.

Using a predefined report template.

D.

Using a variable for the report variant.

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Question # 33

How can you credit internal orders at period-end closing? (Choose two)

A.

Use periodic reposting.

B.

Use overhead surcharging.

C.

Use settlement.

D.

Use template allocation.

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Question # 34

What can you achieve by using a key figure scheme in drilldown reports in profitability analysis?

Please choose the correct answer.

Response:

A.

You can access several databases simultaneously.

B.

You can calculate lines with subtotals in a drilldown report.

C.

You can improve the runtime of the drilldown report.

D.

You can create summarization levels with predefined key figures.

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Question # 35

For which of the following objects can you use a standard movement type to post a goods issue directly from the valuated stock? (Choose three)

A.

Profit center

B.

Project (WBS element)

C.

Work center

D.

Cost center

E.

Production order

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Question # 36

How can you separate vendor payments for construction advances from regular down payments?

A.

Configure a new vendor account group and assign construction advance vendors to it.

B.

Perform a separate payment run for payment of construction advances.

C.

Make regular down payments, open them for update, and flag them as down payments.

D.

Create and use a Special General Ledger indicator for construction advances.

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Question # 37

While working with account assignments, you need to follow certain rules. Which of the following rules need to be followed?

There are 2 correct answers to this question.

Response:

A.

You need to specify a true Controlling object in each posting item.

B.

In each posting item, you can specify up to four statistical Controlling Objects in addition to the true Controlling Object.

C.

The same Controlling Object can be specified as True and statistical in the same posting item.

D.

You can make true revenue posting to a real estate object.

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Question # 38

Difference between periodic reposting and distributions are

There are 2 correct answers to this question.

Response:

A.

For periodic reposting separate credit record is written in the sender cost center whereas for distributions no separate credit record is written in the sender cost center.

B.

In periodic reposting no partner is updated where during distribution the system also updates the partner in the total record for the sender.

C.

The distribution is used to transfer primary as well as secondary costs whereas periodic reposting is used to transfer primary costs.

D.

The performance of periodic reposting is better distribution.

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