This page provides you with the real and most updated / latest Certification Question with Correct Answers for the Management Accounting with SAP ERP (C_TFIN22_67). We at ERPKITE providing these questions for free to all the SAP certification candidate to showcase the quality of the question prepared by our SAP subject experts.

 

We have developed an advanced methodology to prepare for the SAP CO (C_TFIN22_67) exam to make it easy for anyone to pass the SAP C_TFIN22_67 certification and be certified on the Management Accounting with SAP ERP. The methodology is practice to learn, as the memory principle and many deep research suggest, the practice could lead to a very long-lasting memory.

 

Highly Recommended Practice test: SAP CO PRACTICE TEST
Complete Syllabus: SAP C_TFIN22_67 Syllabus

 

SAP CO (C_TFIN22_67) Free Sample Questions

QUESTIONS

01. Which of the following organizational assignments can be stored in the internal order master?

There are 3 correct answers to this question.

a) Segment
b) Profit Center
c) Storage Location
d) Business Area
e) Plant

 

02. You want to save your previous standard cost center hierarchy from 2015 for reporting purposes and create a new one for 2016. Which name is used for the copied hierarchy?

Please choose the correct answer.

a) Original name plus system-defined suffix
b) Original name plus user-defined suffix
c) User-defined prefix plus original name
d) System-defined prefix plus original name

 

03. What selection criteria can be used to copy actuals to a target planning version?

There are 3 correct answers to this question.

a) Cost centers
b) Cost elements
c) Fiscal year
d) Actual version
e) Period

 

04. You can plan business allocations on your internal order and update the sender cost center automatically. However, when you try to do this in the system, the planned values are not updated on your cost center.
What should you check to solve this problem?

Please choose the correct answer.

a) The integrated planning indicator in the planning version
The order master
b) The integrated planning with cost centers/business processes indicator in the planning version
The order category
c) The integrated planning indicator in the planning version
The order type
d) The integrated planning with cost centers/business processes indicator in the planning version
The order master

 

05. What are typical use cases for product cost by period?

There are 2 correct answers to this question.

a) Very flexible production environment
b) Customer-specific production
c) Continuous production
d) High volume production

 

06. You would like to use product cost controlling by sales orders in a make-to-order (MTO) production with sales order stock. How should you configure the system?

Please choose the correct answer.

a) Account assignment category: E
Special stock: E

b) Account assignment category: M
Special stock: E
c) Consumption posting indicator: Blank
Special stock: E
d) Consumption posting indicator: E
Special stock: Blank

 

07. You post a document to Financial Accounting with assignment to a cost center. The General Ledger view of the posted document does NOT contain the profit center.
What do you need to check to resolve the issue?

There are 2 correct answers to this question.

a) Assignment of “profit center update” scenario to leading ledger
b) Availability of profit center field in table FAGLFLEXT
c) Activation of classic Profit Center Accounting (EC-PCA)
d) Profit center assignment in cost center master data

 

08. What do you valuate in the inventory cost estimate?

Please choose the correct answer.

a) Current quantity structure with the tax-based prices and the commercial prices
b) Current quantity structure with the planned prices
c) Planned quantity structure with the planned prices
d) Current quantity structure with the current prices

 

09. Each billing document creates line items in CO-PA. For which characteristics do you need to create specific derivation rules?

There are 2 correct answers to this question.

a) Product group
b) Business area
c) Sales district
d) Ship-to-party

 

10. Which of the following organizational unit assignments is correct?

Please choose the correct answer.

a) Plant → Company code → Operating concern → Controlling Area
b) Company code → Plant → Controlling Area → Operating concern
c) Plant → Company code → Controlling Area → Operating concern
d) Company code → Plant → Operating concern → Controlling Area

 

11. You are missing the commitment values for internal orders. Where do you have to activate commitment management to get these values?

There are 2 correct answers to this question.

a) In the original order budget
b) In the controlling area
c) In CO version 0
d) In the order type

 

12. You want to save your previous standard cost center hierarchy from 2015 for reporting purposes and create a new one for 2016. Which name is used for the copied hierarchy?

Please choose the correct answer.

a) Original name plus system-defined suffix
b) Original name plus user-defined suffix
c) User-defined prefix plus original name
d) System-defined prefix plus original name

13. You want to perform results analysis on sales orders and need to use two different methods to reflect different accounting principles such as US-GAAP and IFRS. How do you achieve this?

Please choose the correct answer.

a) Use two results analysis keys in the sales order items
b) Use two requirement classes in the sales order items
c) Use two results analysis versions defined in Customizing
d) Use two separate sales order items

 

14. Which of the following is a typical process sequence for selling products from stock?

Please choose the correct answer.

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

 

15. The system does not allow you to create a primary cost element. What do you check first?

Please choose the correct answer.

a) Whether the P/L account exists
b) Whether the cost element category is valid
c) Whether the balance sheet account exists
d) Whether the G/L account currency is the same as the controlling area currency

 

16. For which record types can you set up a valuation in costing-based profitability analysis?

There are 2 correct answers to this question.

a) F – Billing data
b) X – Activity allocation
c) K – Cost center assessment
d) B – Direct posting from Financial Accounting

 

17. How can you set up segment reporting in New General Ledger Accounting?

There are 2 correct answers to this question.

a) Define segment master records in Management Accounting.
b) Activate segment reporting in Customizing.
c) Assign segments in the master record of the profit center.

d) Assign segments in the master record of the cost center.

 

18. Which step in the sales-from-stock process creates the cost of goods sold in account-based profitability analysis (CO-PA)?

Please choose the correct answer.

a) Outbound delivery with goods issue
b) Conformation of goods receipt from the customer
c) Billing
d) Creation of the sales order

 

19. You want to plan costs on an internal order. Which of the following options can you use to reduce manual planning effort?

Please choose correct answer.

a) Copy plan to plan
b) Top-down planning for order hierarchies
c) Activity output planning
d) Plan assessment

 

20. Which of the following terms apply to costing-based profitability analysis?

There are 2 correct answers to this question.

a) Contribution margin
b) Balance sheet statement
c) Segment reporting
d) Cost of sales accounting

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