SAP SAP Certifications C_TFIN22_67 Questions & Answers

• Question 161:

  Let say for a product there exists three production versions. There are steps required to create a mixed cost estimate.

  What are they?

  A. Select the configured quantity structure type and execute a material cost estimate based on the costing version.

  B. Define mixing ratios for the procurement alternatives.

  C. All the above.

  D. Create procurement alternatives for each of the production version.

  Correct Answer: C

• Question 162:

  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.

  Correct Answer: BD

• Question 163:

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

  A. ERP Pricing (SD)

  B. Internet Pricing and Configurator (IPC)

  C. ERP Quality Management (QM)

  D. ERP Finance (FI)

  E. ERP Costing (CO)

  Correct Answer: ABE

• Question 164:

  What data is retained when a material cost estimate with quantity structure is saved? (Choose three.)

  A. Extract

  B. Cost component split

  C. Variance categories

  D. Itemization

  E. Log

  Correct Answer: BDE

• Question 165:

  Your customer wants to see a PandL statement for profit centers by the cost-of-sales accounting approach.

  Which of the following is the minimum requirement?

  A. Activate profitability analysis.

  B. Activate the scenario functional area in New GL.

  C. Create a derivation rule for the functional area.

  D. Enter the functional area in the profit center master.

  Correct Answer: B

• Question 166:

  Which of the following statements is correct with reference to Standard price?

  A. Price fluctuations credit/debit the cost objects.

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

  C. All stock posting takes place at moving average price.

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

  Correct Answer: B

• Question 167:

  How does the decoupling scenario for production orders in combination with a product cost collector work?

  A. Costs are posted to the product cost collector and statistically to the production order.

  B. Costs are only posted to the product cost collector and not to the production order.

  C. Costs are posted to the production order and statistically to the product cost collector.

  D. All costs are posted to the production order, which settles to the product cost collector.

  Correct Answer: B

• Question 168:

  Which of the following statements is correct?

  A. Additional costs have a corresponding expense.

  B. Valuation difference doesn't have a corresponding expense.

  C. Accrual calculation is used to distribute irregular expenses to the relevant periods.

  D. Accrued costs have a corresponding expense in financial accounting.

  Correct Answer: C

• Question 169:

  In New GL, how would you incorporate companies with different fiscal years if you wanted to assign them to the same controlling area?

  A. Create company codes with the same fiscal year variant and assign the company codes that have a different fiscal year to non-leading ledgers with the appropriate fiscal year variant.

  B. Use the same fiscal year variant for all company codes and set up parallel accounting for company codes that have different fiscal years.

  C. Use the same fiscal year variant for all company codes and do a reversible close for the company codes that have different fiscal years.

  D. Create company codes with different fiscal year variants and assign them to the same group company for reporting purposes.

  Correct Answer: A

• Question 170:

  Suppose the financial accounting and management accounting has same number of posting period, but in financial accounting four special periods have been setup but in management accounting two special periods have been setup.

  The posting in financial accounting are done for third and fourth special period then what will be the posting in management accounting?

  A. The posting will be done in the Second special period in management accounting.

  B. No posting will be done in management accounting.

  C. The posting will be done in last management accounting posting period.

  D. The posting will be done in the first special period in management accounting.

  Correct Answer: A