(2021) C_TFIN22_67 Dumps and Practice Test (255 Questions)
Guide (New 2021) Actual SAP C_TFIN22_67 Exam Questions
Brief Details
Following are the quick details related to the SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 Certification Exam
Cut Score: 56%
Exam Registration: Certifications are now available on cloud in certification hub enabling the candidates to book the examination date individually based on the product code.
Valid Attempts: Candidates can attempt up to 6 times within the 12 months of their subscription. Each retake counts as an attempt. Candidates are allowed to attempt a specific exam a maximum of 3 times. If candidate is not able to clear within 3 attempts, one need to re-register for the next exam release.
Exam type: Multiple Choice Questions
Exam Name: SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7
Language: English, Japanese, Spanish, German, French, Korean, Portuguese, Russian, Chinese
Duration: 180 minutes
Exam Code: C_TFIN22_67
Exam Scores: The score will be notified on-line immediately after finishing the exam. After passing the exam, an SAP Global Certification digital badge will be sent to the registered email ID.
Number of Questions: 80 Questions
SAP C_TFIN22_67 Exam Description:
The "SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7" certification exam verifies that the candidate possesses the required fundamental knowledge and proven skills in the area of SAP ERP Management Accounting. It validates that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under guidance of an experienced consultant. This certificate is the ideal - although not mandatory - prerequisite for the qualification to SAP Certified Professional in Management Accounting. It is recommended as an entry-level qualification to allow consultants to get acquainted within Management Accounting projects.
NEW QUESTION 63
Identify the steps in the ASAP methodology. (Select five)
- A. Realization
- B. Go live & Support
- C. Roll out
- D. Project Preparation
- E. Business Blueprint
- F. Final Preparation
Answer: A,B,D,E,F
NEW QUESTION 64
What the significance is of valuated sales order stock? (Choose two.)
- A. Assembly costs shown without multi-level make-to-production.
- B. Provides a cost component split for the cost of goods sold.
- C. Combined quantity and value flow.
- D. Variances cannot be determined for this production orders.
Answer: B,C
NEW QUESTION 65
Which of the following statements is true in reference to Financial & Management Accounting?
- A. Financial accounting is for internal management whereas Management accounting is for external management like stockholders, financial institutions, government & tax authorities.
- B. Management accounting is made on the line of standard & legal requirement whereas financial accounting is made as per the internal requirement of the organization.
- C. Financial accounting reflects the revenue, cost involved in different area whereas management accounting reflects the profitability of the business.
- D. Financial accounting is standard as per legal requirement whereas management accounting is flexible & as per the requirement of the management.
Answer: D
NEW QUESTION 66
How does the decoupling scenario for production orders in combination with a product cost collector work?
- A. All costs are posted to the production order, which settles to the product cost collector.
- B. Costs are posted to the production order and statistically to the product cost collector.
- C. Costs are posted to the product cost collector and statistically to the production order.
- D. Costs are only posted to the product cost collector and not to the production order.
Answer: D
NEW QUESTION 67
A customer complains that in various FI postings both fields, cost center and internal order, are mandatory.
Which setting causes these two fields to be mandatory?
- A. The field "order" has accidentally been maintained in the master of the respective cost elements (tab
"default account assignment"). - B. The field "actual posted cost center" has accidentally been maintained in the master of the respective internal order (tab "control data").
- C. Both cost center and internal order have accidentally been maintained in the default account assignment (OKB9).
- D. Both cost centers and internal orders have accidentally been set to "mandatory" in the "status variant" field (group "additional account assignment").
Answer: D
NEW QUESTION 68
Which of the following support services can you directly access via the SAP Service Marketplace (http:// service.sap.com)?
- A. Online conferencing with experts on demand.
- B. Execute the SAP remote installation service.
- C. Download SAP upgrade guides.
- D. System access to SAP hosted solutions.
Answer: C
NEW QUESTION 69
What happens when a vendor's invoice is posted?
- A. The goods receipts/invoice receipts (GR/IR) account within the general ledger is debited.
- B. The standard price in the material master is recalculated.
- C. An accounting document is generated that posts directly to the accounts payable account within the general ledger.
- D. The payment is applied to the vendor's account.
Answer: B
NEW QUESTION 70
An Automotive customer works with 600,000 material numbers in a multi-level production environment. The whole costing run takes several hours. Now they are simulating the impact of an alternative production setup, which uses the same raw materials and semi-finished products.
What option would you recommend to significantly shorten the duration of the costing run?
- A. Use the easy cost planning function for simplified and accelerated costing.
- B. Use the Schedule Manager to optimize the duration of the Costing Run.
- C. Define a mixed costing strategy and maintain mixing ratios.
- D. Assign a suitable transfer control strategy to the relevant costing variant in the IMG.
Answer: D
NEW QUESTION 71
A customer wants to allocate internal and external costs, based on statistical key figure values, to the receivers. Which method do you choose?
- A. Assessment
- B. Distribution
- C. Settlement
- D. Overhead calculation
Answer: A
Explanation:
Explanation/Reference:
NEW QUESTION 72
How can you achieve periodic controlling when a lot size based production scenario is used by logistics?
(Choose two.)
- A. Adjust the default rule in the default values for the production order type.
- B. Adjust the costing type of the plan costing variant.
- C. Use an internal order in addition to the production order.
- D. Use a product cost collector in addition to the production order.
Answer: A,D
NEW QUESTION 73
You are using drill down reporting to evaluate data in Profitability analysis and you have defined an exception for an entire column, which of the following functionality is available in the drill down report?
There are 2 correct answers to this question.
Response:
- A. The exception is not visible if we drill down to next level.
- B. The exception can be applied to entire list of the report.
- C. The exception consists of two threshold values.
- D. The exception can be defined on a drill-down list.
Answer: C,D
NEW QUESTION 74
In variance calculation we are using actual costs as the control costs and planned costs as the target costs.
Which target cost version we are using?
- A. Target cost version 1-production variance
- B. Target cost version 0-total variance
- C. Target cost version 3-production variance of the period
- D. Target cost version 2-planning variance
Answer: A
NEW QUESTION 75
On what does SAP Early Watch Alert report?
(Choose two)
- A. Performance trending
- B. Hardware failures
- C. Business processes
- D. System configuration
Answer: A,D
NEW QUESTION 76
To which organizational level do you have to assign the valuation area to create material costings?
- A. Plant
- B. Company code
- C. Business area
- D. Controlling area
Answer: A
NEW QUESTION 77
Which of the following support services can you directly access via the SAP Service Marketplace (http:// service.sap.com)?
- A. Online conferencing with experts on demand.
- B. Execute the SAP remote installation service.
- C. Download SAP upgrade guides.
- D. System access to SAP hosted solutions.
Answer: C
Explanation:
Explanation/Reference:
NEW QUESTION 78
The controlling department requires the production order variances to be settled to profitability analysis. How can you achieve this?
There are 2 correct answers to this question.
Response:
- A. Assign an allocation structure to the settlement profile.
- B. Set the To Be Settled in Full indicator in the settlement profile.
- C. Assign a PA transfer structure to the settlement profile
- D. Set the Variances indicator in the settlement profile
Answer: C,D
NEW QUESTION 79
You use real-time reconciliation between Controlling (CO) and Financial Accounting (FI) within New General Ledger Accounting. You therefore want to receive a reconciliation posting in FI when you allocate an internal activity between cost centers assigned to different profit centers.
How do you fulfill this requirement? (Choose two.)
- A. Define a general ledger reconciliation account for direct activity allocation.
- B. Carry out a reconciliation run for activity types in the new general ledger.
- C. Select profit center as a characteristic for real-time reconciliation.
- D. Execute the periodic transfer to Profit Center Accounting.
Answer: A,C
NEW QUESTION 80
A customer, who already runs SAP ERP, wants to implement a BI solution. You are building a presentation in order to show the advantages of the SAP BI solution.
What would be the key benefits of SAP BI in your presentation? (Choose two)
- A. SAP BI easily integrates information from various operative SAP applications and non-SAP applications.
- B. SAP BI, with its delivered Business Content, can be easily set up to extract data from SAP applications.
- C. SAP BI enables Online Transaction Processing (OLTP) for the staging of information from large amounts of operative and historical data.
- D. SAP BI always provides real-time data from operative SAP applications.
Answer: A,B
NEW QUESTION 81
Which of the following allows you to calculate additional values for value fields in CO-PA, which are not transferred by the actual source postings?
- A. Results analysis
- B. Value field derivation
- C. Costing sheet
- D. Substitution
Answer: C
NEW QUESTION 82
A company runs Sales Order Management and account-based CO-PA.
Which transaction posts the cost of goods sold to account-based CO-PA?
- A. The "periodic transfer of incoming order value" creates the posting.
- B. The goods issue creates the posting.
- C. Saving the released sales order creates the posting.
- D. The billing creates the posting.
Answer: B
NEW QUESTION 83
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Exam Content
Types of Question
The examination consists of 80 Multiple Choice Questions. Multiple-choice questions can be of following two types
- Multiple Response: Two or More Correct response from the given options best suits the statement or answers the question.
- Single Response: Only One correct response from the given options best suits the statement or answers the question.
Exam Duration
Candidates will have 180 minutes for attempting 80 multiple-choice questions. So, it becomes important for the candidates to time-box the exam and restrict spending too much time on one question or one topic.
Exam Results
This SAP certification is a pass or fail exam. The examination is scored against a minimum standard established by SAP who are guided by certification industry best practices and guidelines. It is important for the candidates to at least score 56% in the examination to be termed as Pass. The score will be notified on-line immediately after finishing the exam. After passing the exam, an SAP Global Certification digital badge will be sent to the registered email ID.
C_TFIN22_67 Exam Dumps Pass with Updated 2021 Certified Exam Questions: https://skillsoft.braindumpquiz.com/C_TFIN22_67-exam-material.html