SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EHP6 (C-TFIN22-66) Free Practice Test

Question 1

You post goods to storage location A.
You notice that documents are missing, so you decide that the goods should not be used any further for the time being.
The missing documents turn up at a later stage and you proceed with the respective posting.
The goods are subsequently moved from storage location A to storage location B, which you also record in the system.
In what sequence are the three goods movements carried out? Select the correct answer.

A. Goods receipt - transfer order - goods issue

B. Goods receipt - transfer posting - goods issue

C. Goods receipt - transfer posting - stock transfer

D. Goods receipt - stock transfer - transfer posting

Correct Answer: C

Question 2

On what does SAP Early Watch Alert report?
(Choose two)

A. System configuration

B. Hardware failures

C. Performance trending

D. Business processes

Correct Answer: A,C

Question 3

A customer considers implementing valuated project stock. Which are the benefits of the valuated project stock?

A. At period-end closing; the inventory in a valuated project stock is additionally posted as work in process on the project.

B. The inventory in a project stock always shows the same valuation as in the common stock of the material.

C. The valuated project stock is simple to handle because there is always only one per project.

D. Creating an inventory will result in an inventory posting instead of a cost posting.

Correct Answer: D

Question 4

Which of the following transactions can generate commitments on CO objects automatically?(Choose two)

A. Purchasing contract

B. Purchase order

C. Purchasing quotation

D. Purchase requisition

Correct Answer: B,D

Question 5

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

A. Implementation

B. Optimization

C. Retirement

D. Validation

E. Operations

Correct Answer: A,B,E

Question 6

What are the advantages of a real internal order compared to a statistical order?
(Choose two)

A. Settlement splitting to different receivers

B. Overhead surcharges collection

C. Exception reporting

D. Budget and availability control

Correct Answer: A,B

Question 7

Which of the following management accounting (CO) components requires an operating concern?

A. Overhead Cost Controlling

B. Profitability Analysis

C. Product Cost Accounting

D. Profit Center Accounting

Correct Answer: B

Question 8

When creating an internal order, which data is derived from the order type?(Choose two)

A. Commitment profile

B. Settlement rule

C. Settlement profile

D. Model or reference order default entries

Correct Answer: C,D

Question 9

A customer, who already runs SAP ERP, wants to implement a BI solution. You are building a presentation in order to show the advantages of the SAP BI solution.
What would be the key benefits of SAP BI in your presentation?(Choose two)

A. SAP BI enables Online Transaction Processing (OLTP) for the staging of information from large amounts of operative and historical data.

B. SAP BI easily integrates information from various operative SAP applications and non-SAP applications.

C. SAP BI always provides real-time data from operative SAP applications.

D. SAP BI, with its delivered Business Content, can be easily set up to extract data from SAP applications.

Correct Answer: B,D

Question 10

A customer wants to prepare and execute a global roll-out.
Which type of project within SAP Solution Manager do you recommend to start with?

A. Template Project

B. Implementation Project

C. Upgrade Project

D. Maintenance Project

Correct Answer: A

Question 11

In January, you posted a headcount of 10 employees as an actual statistical key figure on a cost center. The key figure is defined as fixed value. In July, the headcount is reduced to 8
employees for the rest of the year. What headcount do you have to post?

A. -2 in each period July to December.

B. -2 in period July.

C. 8 in period July.

D. 8 in each period July to December.

Correct Answer: C

Question 12

A company in a high-inflation country wants to valuate their finished products with actual costs reflecting all the latest price variances. Which method do you recommend?

A. Use lowest-value determination of raw materials.

B. Activate FIFO valuation in the special ledger

C. Valuate all materials with LIFO valuation.

D. Use actual price determination in the material ledger

Correct Answer: D

Question 13

Which of the following elements are required to create a customer-specific drilldown report for New General Ledger Accounting?(Choose two)

A. Variables

B. A form

C. A report header

D. Characteristics

Correct Answer: B,D

Question 14

A company requests CO-PA reports with more detailed information. Which methods help to achieve more details in the CO-PA cost analysis?(Choose two)

A. Define a cost splitting structure in the overhead surcharges to different characteristics in CO-PA.

B. Use an allocation structure in the assessment cycle to CO-PA to assign different cost elements to different value fields

C. Refine the asset valuation area settings and the account determination logic for assets.

D. Refine the cost component structure in CO-PC and optimize the assignment to value fields.

Correct Answer: B,D

Question 15

10. The SAP List Viewer, commonly known as the ALV, is a powerful tool for displaying data. Among the various ALV types, the ALV Grid Control is used for displaying non-hierarchical table data.
Which of the following statements about the ALV Grid Control are correct?

A. When a report with an ALV Grid Control is executed in background processing, the program will terminate abnormally since controls can-not be addressed in background processing.

B. The ALV Grid Control can be integrated into a list, a selection-screen, and a classical screen (dynpro).

C. By default, a column header will be taken from the data element which is used for specifying the type of the column.

D. The ALV display is automatically refreshed when the data in the data-base table is changed

Correct Answer: C

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SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EHP6 (C-TFIN22-66) Free Practice Test