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C_TFIN22_67 Exam Dumps - SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7

Question # 4

A customer considers implementing valuated project stock. Which are the benefits of the valuated project stock?

A.

The inventory in a project stock always shows the same valuation as in the common stock of the material.

B.

At period-end closing; the inventory in a valuated project stock is additionally posted as work in process on the project.

C.

The valuated project stock is simple to handle because there is always only one per project.

D.

Creating an inventory will result in an inventory posting instead of a cost posting.

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Question # 5

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 # 6

Which of the following statements are TRUE regarding SAP Solution Manager?

There are 2 correct answers to this question.

Response:

A.

It is the same toolset as ASAP

B.

It is an integrated platform that controls both implementation and operation of the live system

C.

Supports customers in ALL project phases, from creating a blueprint to configuring business processes and testing through support of the live environment

D.

Can only be used to manage business processes on SAP

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Question # 7

What is the advantage of using a key figure scheme in drilldown reports in profitability analysis?

A.

The key figure scheme allows the calculating of lines with subtotals in a drill down report.

B.

A key figure scheme allows for simultaneous access to different databases.

C.

The key figure scheme allows quick access to predefined key figures in the database.

D.

A key figure scheme improves the runtime of the drilldown report.

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Question # 8

A company runs Sales Order Management and account-based CO-P

A.

Which transaction posts the cost of goods sold to account-based CO-PA?

B.

The "periodic transfer of incoming order value" creates the posting.

C.

The goods issue creates the posting.

D.

The billing creates the posting.

E.

Saving the released sales order creates the posting.

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Question # 9

Which of the following statement are correct in context of cost center accounting in an organization?

Please choose the correct answer.

Response:

A.

Determining the cost incurred within an organization

B.

Measuring the cost efficiency at various area of organization.

C.

Valuate semi finished, finished goods realistically

D.

Revenues can be posted directly to cost center

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Question # 10

A company requests CO-PA reports with more detailed information. Which methods help to achieve more details in the CO-PA cost analysis? (Choose two)

A.

Refine the asset valuation area settings and the account determination logic for assets.

B.

Refine the cost component structure in CO-PC and optimize the assignment to value fields.

C.

Define a cost splitting structure in the overhead surcharges to different characteristics in CO-PA.

D.

Use an allocation structure in the assessment cycle to CO-PA to assign different cost elements to different value fields

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Question # 11

Which planning transactions debit receivers with secondary cost elements?

There are 2 correct answers to this question.

Response:

A.

Transfer of depreciations from Asset Accounting

B.

Activity input planning

C.

Transfer of personnel costs from SAP HCM

D.

Plan assessment

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Question # 12

A customer wants to allocate the over absorption/under absorption of cost centers source related to receiver. What is the most accurate allocation rule?

Please choose the correct answer.

Response:

A.

Assessment of fixed portions based on any value field of the market segments.

B.

Assessment of posted amounts based on any value field of the market segments.

C.

Assessment of posted amounts based on any derivation rule of characteristics.

D.

Assessment of fixed portions based on statistical key figures of the market segment.

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Question # 13

What is the purpose of material ledger?

Please choose the correct answer.

Response:

A.

The requirement of track the inventories values in more than one currency in SAP ERP.

B.

Multi level price determination can calculate the variances that flowed to the higher levels of production process.

C.

Material ledger can be used to revaluate products or raw materials based on actual prices during the period-end closing.

D.

All the above.

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Question # 14

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 # 15

What runtime environments are provided by SAP NetWeaver? (Choose two)

A.

WebSphere AS

B.

Apache Tomcat

C.

ASABAP

D.

AS Java

E.

Boss AS

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Question # 16

You are using plan revaluation function in CO Planning. Which of this statement is correct?

Please choose the correct answer.

Response:

A.

It can be used to create a new plan based on planned version or actual version.

B.

You do not need to manually rekeying the plan.

C.

You can maintain different planned version.

D.

All the above

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Question # 17

A certain cost element has conflicting cost center assignments in the Default Account Assignment field (cost element master data) and in the Automatic Account Assignment table (IMG). What happens when a document is posted with this cost element?

A.

The Automatic Account Assignment (IMG) has a higher priority.

B.

An error message is displayed.

C.

The system prompts you in a dialog box.

D.

The Default Account Assignment (cost element master data) has a higher priority.

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Question # 18

Which of the following is defined in the PA transfer structure?

A.

Assignment of source cost elements to allocation cost elements.

B.

Assignment of distribution rules to certain cost elements.

C.

Assignment of master data to characteristics.

D.

Assignment of cost elements to value fields.

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Question # 19

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

A.

By adjusting the field selection in the order type.

B.

By defining an appropriate selection variant.

C.

By indicating the fields as mandatory in the model order.

D.

By adjusting the field status variant.

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Question # 20

When settling an investment order for an unfinished asset, the customer, by law, needs to settle the order to an asset under construction (AuC).

How can this be accomplished in the system?

A.

Set up an appropriate investment reason and a threshold for scale level and assign both to the order.

B.

Set up an assessment cycle to allocate the costs of the investment order to the previously created AuC.

C.

Assign a settlement rule to AuC directly to the position of the investment program.

D.

Set up the investment profile to use the AuC of a certain asset class and assign it to the used order type.

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Question # 21

A customer is using sales order controlling. How are the revenues and cost of goods sold transferred to CO-PA?

A.

By results analysis.

B.

By settlement.

C.

By billing.

D.

By outbound delivery.

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Question # 22

A customer is missing the values for commitments for internal orders. Where does the customer have to activate Commitment Management to get these values? (Choose two)

A.

In the order type.

B.

In the original order budget.

C.

In the controlling area.

D.

In the original order budget.

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Question # 23

The differences between Summarization vs. saving reports is as below, which statement is not correct?

Please choose the correct answer.

Response:

A.

Navigation in hierarchies possible in summarization while no navigation in hierarchies is possible in saving.

B.

Navigation in reports not possible in summarization while navigation in reports is possible in saving reports.

C.

In summarization different reports from same area’s data, while data save according to specific report in saving reports.

D.

Quick ad hoc reports in summarization while specific report in saving reports.

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Question # 24

In January, you posted a headcount of 10 employees as an actual statistical key figure on a cost center. The key figure is defined as fixed value. In July, the headcount is reduced to 8 employees for the rest of the year. What headcount do you have to post?

Please choose the correct answer.

Response:

A.

-2 in each period July to December.

B.

-2 in period July.

C.

8 in each period July to December.

D.

8 in period July.

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Question # 25

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 # 26

Which of the following organizational units are maintained in Management Accounting? (Choose two)

A.

Controlling area

B.

Operating concern

C.

Company code

D.

Business area

E.

Functional area

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Question # 27

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 # 28

What is controlled by a schedule line category? (Choose two)

A.

The transfer of requirements

B.

The billing relevance of a material

C.

The determination of the partner determination procedure

D.

The movement type with which stock changes are posted with the goods issue

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Question # 29

Which step in the sales from stock process creates the cost of goods sold in Costing-based Profitability Analysis (CO-PA)?

A.

Billing

B.

Outbound delivery

C.

Creation of the transport order

D.

Creation of the sales order

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Question # 30

Which of the following fields are required to create a cost center in management accounting (CO)? (Choose two)

A.

User responsible

B.

Hierarchy area

C.

Description

D.

Company code

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Question # 31

Which master data is required for a direct activity allocation? (Choose three)

A.

Activity type

B.

Cost center

C.

Allocation cycle

D.

Activity price

E.

Secondary cost element

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Question # 32

The difference between Planning vs. Budgeting is as below, which statement is not correct?

Please choose the correct answer.

Response:

A.

Planning is cost oriented whereas budgeting is funds oriented.

B.

The planning change easily where as budgeting is a binding value and new line item created for each changes.

C.

Planning is based on approved funds whereas budgeting is based on funds requested.

D.

Unutilized budget can be carried forward in subsequent fiscal year but no such function is available in planning.

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Question # 33

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

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Question # 34

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 # 35

A customer wants to allocate the over absorption/under absorption of cost centers source related to receiver. What is the most accurate allocation rule?

A.

Assessment of fixed portions based on any value field of the market segments.

B.

Assessment of posted amounts based on any value field of the market segments.

C.

Assessment of posted amounts based on any derivation rule of characteristics.

D.

Assessment of fixed portions based on statistical key figures of the market segment.

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Question # 36

What is the name of the infrastructure that supports core business solutions in four subcomponents including people integration, information integration, process integration, and application platform?

A.

SAP NetWeaver

B.

SAP Business Process Management

C.

SAP Exchange Infrastructure

D.

SAP Web AS

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Question # 37

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 # 38

A customer wants to add overhead cost to a material cost estimate with quantity structure, without changing the BOM and routing. Which options does the customer have? (Choose two)

A.

Overhead surcharges

B.

Easy cost planning

C.

Cost element planning

D.

Template allocation

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