SAP C_TFIN22_67 Exam Questions Instant Access

Question 1

Why is preliminary costing used for product cost collector?

There are 3 correct answers to this question.

Response:

ATo determine the activity quantity to be confirmed in repetitive manufacturing

BTo valuate work in progress

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

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

Answer : A, B, D

Question 2

A customer wants to add overhead cost to a material cost estimate with quantity structure, without changing the BOM and routing. Which options does the customer have? (Choose two)

AOverhead surcharges

BEasy cost planning

CCost element planning

DTemplate allocation

Answer : A, D

Question 3

Which field in the material master determines if the value of the material stock changes when releasing a cost estimate for this material?

AValuation class

BPrice determination

CPrice control

DValuation type

Answer : C

Question 4

What happens when a confirmations is being done in process order?

Please choose the correct answer.

Response:

AThe internal activity allocation

BWithdrawals and consumption of inputs

CReceipt of finished products in stock

DAll the above

Answer : D

Question 5

Which of the following are the usage scenarios for Solution Manager? (Choose three)

AImplementation

BOptimization

CRetirement

DOperations

EValidation

Answer : A, B, D

Question 6

Which of the following statement is true in reference to Financial & Management Accounting?

Please choose the correct answer.

Response:

AFinancial accounting is for internal management whereas Management accounting is for external management like stockholders, financial institutions, government& tax authorities.

BManagement accounting is made on the line of standard & legal requirement whereas financial accounting is made as per the internal requirement of the organization.

CFinancial accounting is standard as per legal requirement whereas management accounting is flexible& as per the requirement of the management.

DFinancial accounting reflects the revenue, cost involved in different area whereas management accounting reflects the profitability of the business.

Answer : C

Question 7

How do you receive the internal activities in the material cost estimate using a logistic quantity structure?

AAssign the responsible cost center and its activities directly to the routing header.

BAssign a cost center and its activities in the work center of the routing operation.

CAssign a cost element with type 43 (internal activity allocation) to the routing operation.

DAssign a cost center and its activities to the bill of material.

Answer : B

SAP Certified Application Associate - Management Accounting with SAP C_TFIN22_67 Exam Questions