Special Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: dpt65

C_TFIN22_67 Questions and Answers

Question # 6

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.

Full Access
Question # 7

In which master record can you enter a profit center directly?

There are 3 correct answers to this question.

Response:

A.

Material master

B.

Activity type

C.

Cost element

D.

Cost center

E.

Internal order

Full Access
Question # 8

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

A.

Cost center master record

B.

Controlling area

C.

Standard hierarchy

D.

Cost element master record

Full Access
Question # 9

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.

Full Access
Question # 10

How can you set up segment reporting in the New GL? (Choose two)

A.

By defining segment master records in the application.

B.

By assigning segments in the master record of the profit center.

C.

By assigning segments in the master record of the cost center.

D.

By activating the scenario segment reporting in the customizing.

Full Access
Question # 11

A customer uses sales order-related manufacturing processes and wants to settle these orders at period-end closing to CO-P

A.

They complain about the effort to manually maintain the settlement rules to CO-PA. What is the most efficient option to solve this problem?

B.

Automatically provide a strategy sequence for the settlement parameters of the sales order.

C.

Derive the distribution rule from the "PA transfer structure" of CO-PA.

D.

Determine the distribution rule from the assigned account assignment category.

E.

Enter the number of the profitability segment instead of the characteristics combination.

Full Access
Question # 12

A customer wants you to explain the results of the preliminary costing of a production order. How are the results determined?

A.

The actual quantities are valuated with plan values.

B.

The costs are determined by the cost estimate of the reference order.

C.

The standard cost estimate is copied from the material master and adjusted by the order quantity.

D.

The quantity structure in the production order is valuated by the costing variant settings.

Full Access
Question # 13

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

A.

Assign the costing sheet to the costing variant.

B.

Define an overhead key.

C.

Define a costing sheet.

D.

Assign the costing sheet in the order master data.

Full Access
Question # 14

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).

Full Access
Question # 15

What does the SAP Web AS provide?

Please choose the correct answer.

Response:

A.

Real-time data exchange with all SAP systems.

B.

Master data harmonization cross SAP NetWeaver.

C.

J2EE and ABAP in a single environment.

D.

Storage of all transactional documents in one single database.

Full Access
Question # 16

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

A.

Profit centers are the basic organizational units of profitability analysis.

B.

Profit centers are sub units of cost centers.

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 usually structured in the hierarchy by region, function or product.

Full Access
Question # 17

Which applications are integrated with variant configuration in SAP ERP? (Choose three)

A.

ERP Quality Management (QM)

B.

ERP Finance (Fl)

C.

Internet Pricing and Configurator (IPC)

D.

ERP Pricing (SD)

E.

ERP Costing (CO)

Full Access
Question # 18

Which of the following are the right organizational assignments starting from the top of the organization structure (top-down)?

A.

Controlling area, Operating concern, Company code, Plant, Storage location

B.

Company code, Operating concern, Controlling area, Plant, Storage location

C.

Operating concern, Controlling area, Company code, Plant, Storage location

D.

Operating concern, Controlling area, Company code, Storage location, Plant

Full Access
Question # 19

Why do you use variants in reporting? (Choose two)

A.

To specify parameter values for background processing.

B.

To optimize the runtime of a report.

C.

To predefine values for complex selection screens.

D.

To permit quick navigation between CO objects.

Full Access
Question # 20

What planning options do you have on internal orders? (Choose three)

A.

Activity output planning

B.

Easy cost planning

C.

Overall planning

D.

Unit cost estimate

E.

Top-down planning for order hierarchies

Full Access
Question # 21

What data do you need to set up an accrual calculation with the percentage method?

There are 2 correct answers to this question.

Response:

A.

Cost center or internal order (order category 2) as a credit object

B.

Secondary cost element (category 31) as an accrual cost element

C.

Accrual settlement rules for the cost center

D.

Primary cost element (category 3) as an accrual cost element

Full Access
Question # 22

What are the period end closing activities for sales order without production i.e. service?

There are 2 correct answers to this question.

Response:

A.

Result analysis to calculate the costs and revenues of the cost object

B.

The revenues and costs of the sales are settled to financial accounting and profit center accounting

C.

Stocks and reserves are settled to profitability

D.

Create a debit memo based on CO line items

Full Access
Question # 23

What is the maximum number of function modules you can assign to a single follow-up action for the usage decision in the Implementation Guide (IMG)?

A.

Zero

B.

Ninety-nine

C.

Unlimited

D.

One

Full Access
Question # 24

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

Full Access
Question # 25

A customer uses a discrete manufacturing scenario to produce goods to stock. What is a typical customer requirement for using product cost collectors as cost objects?

A.

The customer demands to get work in process based on actual.

B.

The customer demands to control many production orders on one cost object.

C.

The customer demands to see the aggregated plan costs of the production orders on the product cost collector.

D.

The customer demands to do a multi-level costing for the used cost objects.

Full Access
Question # 26

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

Full Access
Question # 27

Why should you use extracts in Report Painter reports?

A.

To reduce runtime.

B.

For automatic data aggregation.

C.

To reduce use of space in the database.

D.

For automatic updates when new postings are added.

Full Access
Question # 28

What are the impacts on an S price controlled material when releasing a material cost estimate? (Choose two)

A.

Previous material movements are revaluated.

B.

Existing stock is valuated with the new price.

C.

Moving average price is adjusted.

D.

New standard price is set.

Full Access
Question # 29

Which of the following SAP Life-Cycle Data Management functions provides the integration of external files into SAP ERP?

A.

Variant Configuration Management

B.

Engineering Change Management

C.

Document Management

D.

Product Structure Browser

Full Access
Question # 30

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.

Full Access
Question # 31

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.

You have to activate the summary tables

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.

The planning document type is already activated

Full Access
Question # 32

How can you use resource related billing for sales order items?

A.

Assign production orders with BOMs and routings.

B.

Use a Requirement class with an indicator set for resource related billing.

C.

Use Easy Cost Planning and Execution Services.

D.

Assign Dynamic Item Processor (DIP) profiles.

Full Access
Question # 33

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.

Full Access
Question # 34

What does the SAP Web AS provide?

A.

Real-time data exchange with all SAP systems.

B.

Master data harmonization cross SAP NetWeaver.

C.

J2EE and ABAP in a single environment.

D.

Storage of all transactional documents in one single database.

Full Access
Question # 35

Report Writer library is a collection of?

Please choose the correct answer.

Response:

A.

Characteristics

B.

Basic key figures

C.

Key figures

D.

Report groups

Full Access
Question # 36

The function of drilldown reports are divided into 3 levels, so that each user can be given a functionality which he or she requires.

Now you have been asked to assign a user the basic functionality of drill down report & able to send the same to other user via SAPmail.

Which version will be assigned to him?

Please choose the correct answer.

Response:

A.

Report level = 0

B.

Report level = 1

C.

Report level = 2

D.

Report level = 3

Full Access
Question # 37

Select the benefits of SAP Solution Manager from the list of items below. (Choose three)

A.

Integration of SAP Solutions

B.

Reduced cost of operations

C.

Separation of SAP solutions

D.

Faster ROI

E.

Lower ROI

Full Access
Question # 38

Which object has to be used to avoid a change of the reconciliation account in the customer's master data?

A.

The field status of the customer account group

B.

The field status group of the reconciliation account.

C.

The field status of the activity

D.

The field status of the posting key.

Full Access