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Viewing questions 21-30 out of questions
Questions # 21:

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:

Options:

A.

The exception can be applied to entire list of the report.

B.

The exception can be defined on a drill-down list.

C.

The exception consists of two threshold values.

D.

The exception is not visible if we drill down to next level.

Questions # 22:

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

Options:

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 iterative activity prices in material cost estimates which update standard prices.

D.

You are only allowed to use material cost estimates with quantity structure to update standard prices.

Questions # 23:

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?

Options:

A.

Process assessment cycles

B.

Process settlement

C.

Template allocation technique

D.

Indirect process allocation

Questions # 24:

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

Options:

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.

Questions # 25:

Which of the following allocation methods in cost center accounting use secondary cost elements? (Choose three)

Options:

A.

Activity allocation

B.

Periodic reposting

C.

Distribution

D.

Overhead surcharges

E.

Assessment

Questions # 26:

Where do you have to activate commitment management to enable postings of commitments on cost centers?

Options:

A.

In the controlling area

B.

In the cost element master record

C.

In the cost center master record

D.

In the standard hierarchy

Questions # 27:

What are the impacts on an S price controlled material when releasing a material cost estimate? (Choose two)

Options:

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.

Questions # 28:

A customer complains that in various Fl postings both fields, cost center and internal order, are mandatory. Which setting causes these two fields to be mandatory?

Options:

A.

Both cost center and internal order have accidentally been maintained in the default account assignment (OKB9).

B.

The field "order" has accidentally been maintained in the master of the respective cost elements (tab "default account assignment").

C.

The field "actual posted cost center" has accidentally been maintained in the master of the respective internal order (tab "control data").

D.

Both cost centers and internal orders have accidentally been set to "mandatory" in the "status variant" field (group "additional account assignment").

Questions # 29:

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

Options:

A.

User responsible

B.

Hierarchy area

C.

Description

D.

Company code

Questions # 30:

The assignment of organizational units, company code ,business area or profit center of a cost center can be changed during the financial year only if following criteria is meet:

Which of the above statement is not correct?

Please choose the correct answer.

Response:

Options:

A.

The currency of new & old company code is same.

B.

The planning data has only been posted in the fiscal year.

C.

The cost center has not been assigned to a fixed asset, HR master record or work center

D.

The transaction data has been posted in the fiscal year

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