2021 C_TFIN22_67 dumps review - Professional Quiz Study Materials
C_TFIN22_67 Test Prep Training Practice Exam Questions Practice Tests
Aim of the Certificate Exam
- Differentiate individual in a crowded job market
- Provide individuals with a mark of excellence that is extremely recognized by the clients and seeks within across the industries
- Empower individuals to execute tasks with confidence and skill
C_TFIN22_67 Exam Certification Details:
| Cut Score: | 56% |
| Sample Questions: | SAP C_TFIN22_67 Exam Sample Question |
| Duration: | 180 mins |
| Exam: | 80 questions |
| Component: | Management Accounting |
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.
NEW QUESTION 152
Which of the following modules integrates with SAP Learning Solution? (Choose three) s
- A. Personnel Cost Planning
- B. Travel Management
- C. Controlling
- D. Business Intelligence
- E. Sales & Distribution
Answer: C,D,E
NEW QUESTION 153
A customer wants to perform results analysis on sales orders and needs two different methods for different accounting principles (for example, US-GAAP, IFRS). How can the customer achieve this?
- A. Use two separate sales order items.
- B. Use two results analysis versions in the IMG
- C. Use two requirement classes in the sales order item.
- D. Use two results analysis keys in the sales order item.
Answer: B
NEW QUESTION 154
You are missing the commitment values for internal orders.
Where do you have to activate commitment management to get these values? (Choose two)
- A. In CO version 0
- B. In the order type
- C. In the controlling area
- D. In the original order budget
Answer: B,C
NEW QUESTION 155
Which of the following fields are required to create a cost center in management accounting (CO)? (Choose two)
- A. Hierarchy area
- B. Company code
- C. Description
- D. User responsible
Answer: A,B
NEW QUESTION 156
Which of the following statement are correct?
Please choose the correct answer.
Response:
- A. All Profit and Loss general ledger accounts except tax accounts should be cost element.
- B. All cost elements are linked to Activity type
- C. Cost element category controls FI posting only
- D. Cost element is a must for all GL accounts
Answer: A
NEW QUESTION 157
What planning options do you have on internal orders? (Choose three)
- A. Easy cost planning
- B. Activity output planning
- C. Overall planning
- D. Top-down planning for order hierarchies
- E. Unit cost estimate
Answer: A,C,E
NEW QUESTION 158
What happens when a confirmations is being done in process order?
Please choose the correct answer.
Response:
- A. Withdrawals and consumption of inputs
- B. All the above
- C. The internal activity allocation
- D. Receipt of finished products in stock
Answer: B
NEW QUESTION 159
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 160
Which of the following are interactive functions available in the SAP List Viewer? (Choose three.)
- A. D Filters
- B. Master data modification
- C. Summation
- D. Sorting
- E. Dual control
Answer: A,C,D
NEW QUESTION 161
How can you credit internal orders at period-end closing? (Choose two.)
- A. Use settlement.
- B. Use template allocation.
- C. Use periodic reposting.
- D. Use overhead surcharging.
Answer: A,C
Explanation:
Explanation
NEW QUESTION 162
Scenario Profit Center Update with real time integration is activated in the New GL. How is the profit center information stored in financial postings to a CO object?
- A. In a reconciliation ledger document.
- B. In a separate profit center accounting document.
- C. In a separate field in the New GL document.
- D. In a separate New GL document.
Answer: C
NEW QUESTION 163
Which planning transactions create secondary costs on the receivers? (Choose two.)
- A. Transfer of personnel cost from HR
- B. Transfer of depreciations from Asset Accounting
- C. Activity input planning
- D. Plan assessment
- E. Plan distribution
Answer: C,D
NEW QUESTION 164
What is the SAP Solution Manager?
- A. It is an own related database system that can be used as an alternative to databases from other vendors.
- B. It is a robust and lean standard-based platform that enables you to develop Java and composite applications from scratch and on top of existing services.
- C. It supports throughout the entire life-cycle, from the Business Blueprint to the configuration to production processing.
- D. It is an application that is part of the SAP Supply Chain Management application.
Answer: C
NEW QUESTION 165
What is the basis for creating projects in SAP Solution Manager?
- A. Business content
- B. Business blueprint
- C. Business scenarios
- D. Business documentation
Answer: C
NEW QUESTION 166
Which master data is required for a direct activity allocation? (Choose three)
- A. Secondary cost element
- B. Activity price
- C. Cost center
- D. Activity type
- E. Allocation cycle
Answer: A,C,D
NEW QUESTION 167
For what purpose can you use a statistical internal order? (Choose two.)
- A. Settlement.
- B. Cost planning.
- C. Budget and availability control.
- D. Overhead surcharges.
Answer: B,C
NEW QUESTION 168
A customer is interested in using the SAP Solution Manager. How do you explain it to them?
- A. Provides business experts with an infrastructure for realizing and operating planning scenarios or other applications
- B. Facilitates the exchange of information among a company's internal software and systems and those of external parties
- C. Provides the development and runtime environment for SAP applications and can be used for custom development and integration with other applications and systems
- D. Provides integrated support of the life-cycle of a business solution, from the Business Blueprint, through configuration to production operation
Answer: D
NEW QUESTION 169
How is Work in Process (WIP) calculated on a product cost collector?
- A. Based on the target cost, depending on the order type settings.
- B. Based on the standard cost estimate, independent of the valuation variant settings.
- C. Based on actual cost, depending on the order status.
- D. Based on target cost, depending on the valuation variant settings.
Answer: D
NEW QUESTION 170
A customer plans to prepare their processes for legal consolidation. Which options are possible to assign the trading partner in the system? (Choose two.)
- A. The trading partner can be assigned in a profit center directly.
- B. The trading partner can be assigned in G/L accounts directly.
- C. The trading partner can be assigned in customer and vendor master records.
- D. The trading partner can be assigned in the material master directly.
Answer: B,C
NEW QUESTION 171
What is the correct sequence of the critical tasks in a New General Ledger Accounting migration?
- A. 1. Switch off classic G/L
2.Perform new G/L migration and turn on new G/L
3.Close previous fiscal year using classic G/L - B. 1. Perform new G/L migration and turn on new G/L
2.Close previous fiscal year using classic G/L
3.Switch off classic G/L - C. 1. Close previous fiscal year using classic G/L
2.Perform new G/L migration and turn on new G/L
3.Switch off classic G/L - D. 1. Close previous fiscal year using classic G/L
2.Switch off classic G/L
3.Perform new G/L migration and turn on new G/L
Answer: C
NEW QUESTION 172
What language is selected for print correspondence to business partners (such as dunning notice, individual letters, balance confirmations, and payment notices)?
- A. The language maintained in the vendor or customer master data.
- B. The user's log-on language.
- C. The language of the country maintained in the vendor or customer master data.
- D. The language assigned to the accounting clerk maintained in the vendor or customer master data.
Answer: A
NEW QUESTION 173
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 174
Which common usage scenario is missing from the list of usage scenarios below?
Implement SAP Solutions, Monitor SAP Solutions, Manage Service Desk, link to SAP services, upgrade SAP solutions.
- A. Implement SAP services.
- B. Manage Change Requests
- C. Monitor Service Desk
- D. Link to change Requests
Answer: B
NEW QUESTION 175
Which of the following is a typical process sequence for selling products from stock?
- A. Incoming order -> Goods receipt/transport -> Dunning and payment -> Billing
- B. Purchase requisition -> Billing -> Transport/goods receipt -> Dunning and payment
- C. Incoming order -> Transport/delivery -> Billing -> Dunning and payment
- D. Purchase requisition -> Delivery/transport -> Dunning and payment -> Billing
Answer: C
NEW QUESTION 176
A customer wants to settle an internal order to cost centers, but receives an error message. What do you check?
- A. The sender and receiver to be assigned to the same profit center.
- B. The PA transfer structure of the order.
- C. The system and the user status.
- D. The costing sheet.
Answer: C
NEW QUESTION 177
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