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SAP Certified Application Associate
C_TFIN22_67
SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 Questions and Answers

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Viewing page 4 out of 8 pages

Viewing questions 31-40 out of questions

Questions # 31:

Which of the following statement are correct?

Please choose the correct answer.

Response:

Options:

Cost element category controls FI posting only

Cost element is a must for all GL accounts

All Profit and Loss general ledger accounts except tax accounts should be cost element.

All cost elements are linked to Activity type

Answer

Questions # 32:

Which of the following data do you specify in the definition of costing-based CO-PA? (Choose two)

Options:

Characteristics and value fields

Chart of accounts

Controlling area

Operating concern currency

Results analysis methods

Answer

A, D

Questions # 33:

The system does not allow you to create a primary cost element.

What do you check first?

Options:

Whether the P/L account exists

Whether the cost element category is valid

Whether the balance sheet account exists

Whether the 6/L account currency is the same as the controlling area currency

Answer

Questions # 34:

You want planning for profit center accounting & for that you need to perform certain configuration. Which of the following statements are correct?

Please choose the correct answer.

Response:

Options:

You have to activate the summary tables

The planning layout is by default available for planning

The plan period for planning is copied from the fiscal year variant of company code

The planning document type is already activated

Answer

Questions # 35:

Why is preliminary costing used for product cost collector?

There are 3 correct answers to this question.

Response:

Options:

To determine the activity quantity to be confirmed in repetitive manufacturing

To valuate work in progress

To calculate actual costs on the basis of preliminary cost to valuate the production and scrap variances

Costing lot size, BOM and routing of production process used to arrive at preliminary costing

Answer

A, B, D

Questions # 36:

A customer uses a discrete manufacturing scenario to produce goods to stock. What is a typical customer requirement for using product cost collectors as cost objects?

Options:

The customer demands to get work in process based on actual.

The customer demands to control many production orders on one cost object.

The customer demands to see the aggregated plan costs of the production orders on the product cost collector.

The customer demands to do a multi-level costing for the used cost objects.

Answer

Questions # 37:

For which purpose can you use the result of a reference and simulation cost estimate?

Options:

To calculate a price for an internal activity

To calculate a simulated product without a material master

To update the plan data of a production order

To update the standard price of a reference material

Answer

Questions # 38:

Many of a company's customers regularly pay less than is charged on their bills, or fail to pay their bills at all. Along with normal dunning letters, the company uses a manual, not IT-based process, to track and resolve these cases.

Which application would you recommend to improve the processing of accounts receivable and to reduce outstanding invoices?