C TFIN22 64-s

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SAP C_TFIN22_64 Exam

Topic 1, Volume A
QUESTION NO: 1
State the importance of the fiscal year variant in an operating concern.
A. The variant you choose for the operating concern must agree with that of the other areas.
B. Each controlling area assigned to the operating concern and each company code assigned to
each of those controlling areas can have its own fiscal year variant.
C. The fiscal year variant determines the number of posting periods for each fiscal year.
Answer: A,B,C
Explanation:
QUESTION NO: 2
Characteristic derivation signifies the process to determine the characteristic values for all CO-PA
characteristics
A. False
B. True
Answer: B
Explanation:
QUESTION NO: 3
Costing-based CO-PA stores its transaction data in the transaction data tables for Overhead Cost
Management
A. True
B. False
Answer: B
Explanation:

QUESTION NO: 4
How are production variances calculated?
A. None
B. The difference between the actual costs of goods manufactured and standard costs
Answer: B
Explanation:
QUESTION NO: 5 CORRECT TEXT

A_____ consists of a number of different steps, which derive different characteristic values
Answer: derivation strategy
QUESTION NO: 6
What does a controlling area represent?
A. Company codes are assigned to controlling areas when organizational structures are defined.
B. The controlling area is an organization unit delimiting the independent cost accounting
operations of the organization, such as cost center accounting .profit center accounting, and order
accounting.
Answer: A,B
Explanation:
QUESTION NO: 7
What all can a valuation strategy contain?
A. A valuation strategy can contain CO-PA costing sheets, SD pricing procedures, product costing
calls, and user exit calls in a sequence that can be customized.
B. Nothing.

Answer: A
Explanation:

The characteristics, such as "sales organization", "customer", "and product", are predefined
automatically for every operating concert and are known as
Answer: fixed characteristics
QUESTION NO: 9
In costing-based Profitability Analysis, the actual data is always updated in the company code
currency
A. True
B. False
Answer: B
Explanation:

In the costing-based CO-PA contain the amounts and quantities on which you want to report
Answer: Value fields

In costing-based Profitability Analysis, _____store the base quantities and amounts for reporting
Answer: value fields
QUESTION NO: 12
Identify the actual value flows that can be analyzed using the value field analysis function
4

A. Transfer of billing documents
B. Income sales order from Sales and Distribution
C. Direct postings from Fl and MM
D. Actual costs
Answer: A,B,C
Explanation:
QUESTION NO: 13
What all can you settle in SAP R/3?
A. sales orders (SD)

B. production orders
C. projects (PS)
D. internal orders (CO)
Answer: A,B,C,D
Explanation:
QUESTION NO: 14
Which of the following is the highest level within CO-PA?
A. Operating Concern
B. Plant
C. Controlling area
D. Company Code
Answer: A
Explanation:
QUESTION NO: 15
What do costing sheets consist of?

A. a sequence of user-defined condition types, each of which access a value or performs specific
calculations, as dictated by the definitions of the condition types
B. nothing
Answer: A
Explanation:
QUESTION NO: 16
What is a derivation strategy?
A. None.
B. Derivation strategy is a sequence of steps, where each step uses one derivation technique to
calculate one or more values for one or more characteristics, respectively.
Answer: B
Explanation:
QUESTION NO: 17
The system automatically creates a standard derivation strategy for each operating concern
A. True
B. False
Answer: A
Explanation:

-base CO-PA stores its transaction data in its own data tables, which are created when activating
and generating the operating concern
Answer: Costing

You can transfer the overhead costs from Cost Center Accounting either on an activity-allocation
or a _____basis
Answer: periodic
QUESTION NO: 20
The scale basis determines how the system interprets the value or quantity scale for a condition.
These scales can be dependent on a_____ or a______.
A. quantity, currency amount

B. currency amount, quantity
Answer: A
Explanation:
QUESTION NO: 21
To define data structures, you need to copy the required characteristics and value fields of the
operating concern
A. False
B. True
Answer: B
Explanation:
QUESTION NO: 22
What is the Product costing module used for?
A. None
B. The Product Cost Controlling (CO-PC) module is used to generate the product cost estimates
for materials

Answer: B
Explanation:

Using a_____ you can determine which cost estimate should be used with which validity date for
valuation
Answer: costing key
QUESTION NO: 24
One of the important tasks in Customizing for the costing-based CO-Pa is to assign your costs and
revenues to the required value fiends
A. False
B. True
Answer: B
Explanation:
QUESTION NO: 25
What must be done after you generate the operating concern, and before you activate Profitability
Analysis for data entry?
A. You don't need to do anything.

B. After you generate the operating concern and before you activate Profitability Analysis for data
entry, you need to add the valid characteristic values to the check tables generated for the new
characteristics.
Answer: B
Explanation:

8

The_____ application component provides an alternative form of overhead control
Answer: Activity-Based Costing
QUESTION NO: 27
Advantages of operating concern templates:
A. Enable you to gain an insight into Profitability Analysis without the need to perform extensive
Customizing.
B. Operating concern templates simplify the Customizing in the profitability analysis. If necessary,
you can adjust your Customizing settings for an operating concern template as required, copy
these and then use the copied and adjusted operating concern productively.
Answer: A,B
Explanation:

Supplements automatically mapped characteristics values
Answer: Derivation

IN_____ costs are settled to the settlement cost element specified in the settlement structure
Answer: account-based CO-PA
QUESTION NO: 30
What is a table lookup?
A. None
B. A table look up is a derivation technique that is utilized by CO-PA to access the characteristics
9

values from SAP master data tables
Answer: B
Explanation:
QUESTION NO: 31
The value field analysis function enables you to analyze all the flows of actual data to Profitability
Analysis
A. False
B. True
Answer: B
Explanation:

If you want to implement an operating concern template as a template for your Profitability
Analysis, you first need to copy it using the copy function under
Answer: Tools

And discounts are transferred to profitability segments in Profitability Analysis at the point of billing
in Sales Order Management
Answer: Revenues
QUESTION NO: 34
How can you assign a profit center to a sales order item?
A. The profit center can be set with a substitution

B. The profit center can be entered manually
10

C. The profit center is taken from the customer master record
D. The profit center for the material is set automatically.
Answer: A,B,D
Explanation:
QUESTION NO: 35
Profit Center Accounting features both basic drilldown reports and form-based drill down reports
A. False
B. True
Answer: B
Explanation:
QUESTION NO: 36
Allocations within profit centers are reflected in the assigned cost center (parallel accounting
system)
A. True
B. False
Answer: B
Explanation:
QUESTION NO: 37
Which valuation approach is applied in Profit Center Accounting if transfer prices are used?
A. Profit center transfer price

B. Sales and purchase price
C. Group cost of goods manufactured
D. Standard price of material
11

Answer: A
Explanation:
QUESTION NO: 38
Planning data cannot be transferred from costing based profitability analysis to Profit Center
Accounting because there are no value fields in Profit Center Accounting.
A. True
B. False
Answer: B
Explanation:
QUESTION NO: 39
Material stocks are transferred to Profit Center Accounting at Plant Level
A. False
B. True
Answer: B
Explanation:
QUESTION NO: 40
Costs and revenues are posted to the profit center of the sales order item during settlement
A. False
B. True
Answer: A
Explanation:
12

QUESTION NO: 41
Profitability Analysis uses drilldown reports as a reporting tool. For this reason, profit center data is
analyzed using drilldown reports only
A. False
B. True
Answer: A
Explanation:
QUESTION NO: 42
What options does Profit Center Accounting in the sAP system offer for structuring profit centers?
A. You can use master data assignments to distinguish between geographical, functional, and
product-related profit center divisions
B. No answer
Answer: A
Explanation:
QUESTION NO: 43
If a profit center is assigned to an account assignment object, it is also the assigned the same
postings
A. True
B. False
Answer: B
Explanation:
QUESTION NO: 44
There are no restrictions with regard to copying planning layouts in Profit Center Accounting
13

A. False
B. True
Answer: A
Explanation:
QUESTION NO: 45
Profitability Analysis allows you to compile a profitability report using cost of sales accounting and
period accounting
A. False
B. true
Answer: A
Explanation:
QUESTION NO: 46
You cannot upload planning data to Profit Center Accounting from Excel because planning data
can be copied from Cost center accounting
A. False
B. True
Answer: A
Explanation:
QUESTION NO: 47
By default, the profit center assignment for cost objects is made on a sales-related basis
A. False
B. True
Answer: A
14

Explanation:
QUESTION NO: 48
You can use up to three currencies in Profit Center Accounting
A. False
B. True
Answer: B
Explanation:
QUESTION NO: 49
Asset balances in Asset Accounting can only be transferred periodically
A. True
B. False
Answer: B
Explanation:
QUESTION NO: 50
Characteristic derivation signifies the process to determine the characteristic values for all CO-PA
characteristics
A. True
B. False
Answer: A
Explanation:
15

QUESTION NO: 51
When assessment cycles are defined, you need to specify the controlling area from which the
assessment will take place
A. True
B. False
Answer: A
Explanation:
QUESTION NO: 52
What can valuation strategy contain?
A. User Exit calls

B. SD pricing procedures
C. CO-PA costing sheets
D. Product Costing Calls
Answer: A,B,C,D
Explanation:

________supplements automatically mapped characteristic values
Answer: Derivation

Integration is accomplished in SAP R/3 Enterprise through both real-time and _____
synchronization of data in the plan versions across modules
Answer: periodic
16

QUESTION NO: 55
If an organization divides accounting into internal and external viewpoints, which viewpoint does
CO represent?
A. external because it provides information for the government

B. internal accounting because it provides information for the manger, which means to the
individuals who are inside an organization and who are charged with directing and controlling its
operations.
Answer: B
Explanation:

You can settle or transfer _____ calculated in Product Cost Controlling for both final production
orders as well as run schedule headers, settled periodically to CO-PA.
Answer: the production variances
QUESTION NO: 57
Basic reports require the use of a form
A. True
B. False
Answer: B
Explanation:

_____is a function that allows you to enter a target contribution margin in manual planning and to
have the system calculate the corresponding quantity sold.
Answer: Goal Seek

17

__________in the costing-based CO-PA contain the amounts and quantities on which you want to
report
Answer: Value fields

Reports with a simple, fixed layout are _____reports, and reports with a more complex structure
and formatting are form reports
Answer: basic
QUESTION NO: 61
To define data structures, you need to copy the required characteristics and value fields to the
operating concern
A. False
B. True
Answer: B
Explanation:

The _____ are calculated as the difference between the actual costs of goods manufactured and
standard costs
Answer: production variances

A_____ consists of a number of different steps, which derive different characteristic values
18


A______ is a combination of a forecast model delivered by SAP and a set of user-defined
parameters
Answer: forecast profile
QUESTION NO: 65
Revenue elements that receive automatic postings are assigned to the value fields in the accountbased CO-PA in the PA transfer structure, Fl
A. False
B. True
Answer: A
Explanation:

_____ is an organizational unit delimiting the independent cost accounting operations of the
organization, such as cost center accounting, profit center accounting and order accounting.
Company codes are assigned to_____ when organizational structures are defined.
Answer: Controlling area

Reversing a realignment using the restore function has the effect of restoring the definitions of
the________.
Answer: profitability segments
QUESTION NO: 68
19

In costing-based Profitability Analysis, the actual data is always updated in the company code
currency
A. True
B. False
Answer: B
Explanation:
QUESTION NO: 69
The advantages of operating concern templates are:
A. The operating concern templates simplify the Customizing in the profitability analysis. If
necessary, you can adjust your Customizing settings for an operating concern template as
required, copy these and then use the copied and adjusted operating concern productively
B. They enable you to gain an insight into Profitability Analysis without the need to perform
extensive Customizing.
Answer: A,B
Explanation:

___________represent the most important source of information in CO-PA
Answer: Actual postings

In the scheduler, you can schedule the tasks in a_______.
Answer: structure tree
QUESTION NO: 72
20

What must be done after you generate the operating concern, and before you activate Profitability
Analysis for data entry?
A. You need to add the valid characteristic values to the check tables generated for the new
characteristics.
B. Nothing
Answer: A
Explanation:

_______supplements the data being passed directly from transactions into CO-PA with calculated,
retrieved, or otherwise accessed values
Answer: Valuation
QUESTION NO: 74
Costing-based CO-PA stores its transaction data in the transaction data tables for Overhead Cost
Management
A. True
B. False
Answer: B
Explanation:
QUESTION NO: 75
The period accounting method presents the revenues and primary expenses that have been
incurred during a given period of time and the changes in stock value levels, work-in-process, and
capitalized activities.
A. True
B. False
21

Answer: A
Explanation:

The_____(CO-PC) module is used to generate the product cost estimates for materials
Answer: Product Cost Controlling

A_____ is a sequence of steps, where each step uses one derivation technique to calculate one or
more values for one or more characteristics, respectively.

In costing-based Profitability Analysis, _____store the base quantities and amounts for reporting
Answer: value fields

The emphasis of the_____ accounting method is on matching the revenues for goods or services
provided against the related expenses for the items
Answer: cost-of-sales

_________are defined using characteristics, value fields, attributes, or formulas
Answer: Value columns
22

The_____ method attains a new level of interoperability between the encapsulated SAP Business
components that can be networked
Answer: BAPI

SAP uses _____and SAP Business Workflow to ensure the integration of the whole system
Answer: Application Link Enabling

___________is the aim of profitability accounting in case of costing-based and account-based
CO-PA
Answer: Market profitability

___________ determines the number of posting period for each fiscal year. Each controlling are
assigned to the operating concern and each company code assigned to each of those controlling
areas can have its own fiscal year variant. For this reason, the variant you choose for the
operating concern must agree with that of other areas.
Answer: fiscal year variant
QUESTION NO: 85
The Full Absorption Costing accounting method can be analyzed only in profitability analysis
A. True
B. False
Answer: B
23

Explanation:

A_____ is a derivation technique that is utilized by CO-PA to access the characteristic values from
SAP master data tables
Answer: table lookup
QUESTION NO: 87
A realignment affects all the historic data in the CO-PA data structures
A. False
B. True
Answer: B
Explanation:
QUESTION NO: 88
You can structure the profit centers of your company according to region (branch offices, plants),
function (production, sales), or product (product ranges, divisions).
A. True
B. False
Answer: A
Explanation:

The business purpose of_____ is to provide profitability-oriented performance information on the
market segments or sales channels of a company
24

Answer: profitability analysis

The _____is the tool used to get data from the source systems into the Business Information
Warehouse
Answer: Administrator Workbench

Automatic postings, such as the ones generated in Materials Management, can be passed on to
Profitability Analysis using the_____ function (s)
Answer: automatic PA assignment
QUESTION NO: 92
SAP recommends that you use summarization data for most or all CO-PA reports
A. True
B. False
Answer: B
Explanation:

The central document in SD is the______.
Answer: sales order
QUESTION NO: 94
Top down distribution enables you to distribute the data from a lower planning level to higher
levels
25

A. False
B. True
Answer: A
Explanation:
QUESTION NO: 95
Types of forms are:
A. one axis with key figure

B. one axis without key figure
C. two axes with key figure
Answer: A,B,C
Explanation:

A_____ is a representation in the system of some aspect of your daily pricing activities, such as
discount or surcharge, which occurs in your business transactions.
Answer: condition type
QUESTION NO: 97
The system automatically creates a standard derivation strategy for each operating concern
A. True
B. False
Answer: A
Explanation:

26

You can summarize the ratios in a_______.
Answer: ratio scheme
QUESTION NO: 99
The function used to transfer data from reports to a spreadsheet application can work only under
the Windows 95 operating system
A. True
B. False
Answer: B
Explanation:

______consist of a sequence of user-defined condition types, each of which accesses a value or
performs specific calculations, as dictated by the definitions of the condition types.
Answer: costing sheets
Topic 2, Volume B
For direct postings in Financial Accounting, all the assignments of values and the quantities to the
value fields in the_____ CO-PA are defined in the
PA transfer structure, Fl.
Answer: costing-based
QUESTION NO: 102

The organizational structures for the current operating concern are displayed in the Where-used
list
27

A. False
B. True
Answer: A
Explanation:

Account-based CO-PA stores all transactions in three currencies, transaction currency, local
currency and_____ currency
Answer: controlling area

A professional planning tool has to support the individual planners by providing personalized
access to the required plan data, using__________.
Answer: planning packages
QUESTION NO: 105

Derivation needs to be carried out manually after saving the plan data
A. True
B. False
Answer: B
Explanation:
QUESTION NO: 106

CO-PA allows you to analyze the profitability of specific market segments structured according to
products, customers and summarizations of these and other characteristics as well as
organizational units, such as company codes or business areas.
28

A. True
B. False
Answer: A
Explanation:

_____ are the market segments or strategic business units that are to be analyzed by the
profitability analysis. They represent combination of product, customer and sales structure
information and can contain information on company codes, business units and profit centers.
Answer: Profitability Segments
QUESTION NO: 108

Which of the following represents a process for distributing data, which has been planned at one
level in CO-PA to the additional levels based on some reference data?
A. Integrated data distribution

B. Bottom up planning
C. Forecasting
D. Top down distribution
Answer: D
Explanation:
QUESTION NO: 109

What all can you settle in SAP R/3?
A. sales orders (SD)

B. projects (PS)
C. production orders
D. internal orders (CO)
Answer: A,B,C,D
29

Explanation:
QUESTION NO: 110

Identify the actual value flows that can be analyzed using the value field analysis function
A. Transfer of billing documents

B. Incoming sales orders from Sales and Distribution
C. Actual costs
D. Direct postings from Financial Accounting and Materials Management
Answer: A,B,D
Explanation:
QUESTION NO: 111

Advantages of storing data at segment level:
A. Storage of historic data

B. Reduction of the data volume by eliminating redundancy
C. Realignment of posted data
Answer: A,B,C
Explanation:
QUESTION NO: 112

The aim of CO-PA is to provide your sales, marketing, product management and business
planning departments with the market-oriented controlling information to support the decision
making process.
A. False
B. True
Answer: B
Explanation:
30
QUESTION NO: 113

Name the output types of reports
A. Object List Report

B. Drill-down
C. Graphical
Answer: A,B,C
Explanation:
QUESTION NO: 114

The benefits of integrating CO-PA and BW are with regard to database considerations such as
A. Cross Application Reporting

B. collecting data from different systems
C. Combining Legacy System Data with CO-PA Data
D. High Data Volume
Answer: A,B,C,D
Explanation:

In_____, you make a forecast by selecting a value or a column and then clicking the the Forecast
function. In the dialog window, enter the required parameters, such as the forecast period, the
reference data to be used and the forecast profile.
Answer: manual planning

In_____ costs are settled to the settlement cost element specified in the settlement structure
31

Answer: account-based CO-PA
QUESTION NO: 117

What are the two accounting methods used for generating profitability statements?
A. cost-of-sales method
B. period accounting method
Answer: A,B
Explanation:

_____ are the areas of responsibility within a corporation. These are responsible for revenues and
expenses, as well as for certain assets and liabilities in some cases. All _____ are arranged into a
standard hierarchy representing the entire organization.
Answer: profit centers
QUESTION NO: 119

Reports based on line items are available only for costing-based Profitability Analysis
A. False
B. True
Answer: B
Explanation:
QUESTION NO: 120

You can use EC-Pea to analyze internal profit and loss for profit centers. This allows you to
evaluate the different areas or units within your company
32

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Looking for Real Exam Questions for IT Certification Exams!

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SAP C_TFIN22_64 Exam

SAP C_TFIN22_64 Exam

QUESTION NO: 5 CORRECT TEXT

Answer: derivation strategy

SAP C_TFIN22_64 Exam

QUESTION NO: 8 CORRECT TEXT

Answer: fixed characteristics

QUESTION NO: 10 CORRECT TEXT

Answer: Value fields

QUESTION NO: 11 CORRECT TEXT

Answer: value fields

SAP C_TFIN22_64 Exam

A. sales orders (SD)

SAP C_TFIN22_64 Exam

QUESTION NO: 18 CORRECT TEXT

SAP C_TFIN22_64 Exam

A. quantity, currency amount

SAP C_TFIN22_64 Exam

QUESTION NO: 23 CORRECT TEXT

Answer: costing key

A. You don't need to do anything.

QUESTION NO: 26 CORRECT TEXT

SAP C_TFIN22_64 Exam

Answer: Activity-Based Costing

QUESTION NO: 28 CORRECT TEXT

QUESTION NO: 29 CORRECT TEXT

Answer: account-based CO-PA

SAP C_TFIN22_64 Exam

QUESTION NO: 32 CORRECT TEXT

QUESTION NO: 33 CORRECT TEXT

A. The profit center can be set with a substitution

SAP C_TFIN22_64 Exam

A. Profit center transfer price

SAP C_TFIN22_64 Exam

SAP C_TFIN22_64 Exam

SAP C_TFIN22_64 Exam

SAP C_TFIN22_64 Exam

SAP C_TFIN22_64 Exam

A. User Exit calls

QUESTION NO: 53 CORRECT TEXT

QUESTION NO: 54 CORRECT TEXT

SAP C_TFIN22_64 Exam

A. external because it provides information for the government

QUESTION NO: 56 CORRECT TEXT

Answer: the production variances

QUESTION NO: 58 CORRECT TEXT

Answer: Goal Seek

SAP C_TFIN22_64 Exam

QUESTION NO: 59 CORRECT TEXT

Answer: Value fields

QUESTION NO: 60 CORRECT TEXT

QUESTION NO: 62 CORRECT TEXT

Answer: production variances

QUESTION NO: 63 CORRECT TEXT

SAP C_TFIN22_64 Exam

QUESTION NO: 64 CORRECT TEXT