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

Question 1

Which master data is required for a direct activity allocation? Note: There are 3 correct answers to this question.

A. Secondary cost element B. Activity type C. Activity price D. Allocation cycle E. Cost center

Correct Answer: A,B,E

Question 2

Which of the following views and results do profit center accounting reports in New GL provide? Note: There are 3 correct answers to this question.

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

Correct Answer: C,D,E

Question 3

Which postings can be triggered by the settlement of a production order? Note: There are 3 correct answers to this question.

A. Balance of the production order to FI. B. Work in Process (WIP) to profitability analysis. C. Work in Process (WIP) to FI. D. Variance categories to profit centers. E. Variance categories to profitability analysis.

Correct Answer: A,C,E

Question 4

Which of the following needs to be activated in the New GL to implement profit center accounting for all costs and revenues? Note: There are 2 correct answers to this question.

A. Real-time integration CO/FI B. Document splitting C. Scenario segment reporting D. Scenario profit center update

Correct Answer: A,D

Question 5

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

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

Correct Answer: B

Question 6

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? Note: There are 2 correct answers to this question.

A. Template allocation B. Easy cost planning C. Cost element planning D. Overhead surcharges

Correct Answer: A,D

Question 7

Which of the following views and results does costing based CO-PA provide? Note: There are 2 correct answers to this question.

A. Balance sheet statement. B. Cost of sales accounting. C. Contribution margin. D. Return on investment. E. Periodic accounting.

Correct Answer: B,C

Question 8

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

A. Creating a validation rule in the IMG. B. Activating and using availability control for cost centers. C. Creating a lock amount on the control tab in the cost center master data. D. Creating a substitution rule in the IMG.

Correct Answer: A

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