C_TFIN22_64-s

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Topic 1, Volume A

QUESTION NO: 1

SAP C_TFIN22_64 Exam

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


2

QUESTION NO: 4 SAP C_TFIN22_64 Exam

How are production variances calculated?

A. None B. The difference between the actual costs of goods manufactured and standard costs


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.

3

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



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

Answer: Value fields QUESTION NO: 11 CORRECT TEXT

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 SAP C_TFIN22_64 Exam

B. Income sales order from Sales and Distribution C. Direct postings from Fl and MM D. Actual costs


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


QUESTION NO: 15

What do costing sheets consist of?

5

SAP C_TFIN22_64 Exam 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


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.


QUESTION NO: 17

The system automatically creates a standard derivation strategy for each operating concern

A. True B. False



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

Answer: Costing

6

SAP C_TFIN22_64 Exam QUESTION NO: 19 CORRECT TEXT

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


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


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

7




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


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.



8

SAP C_TFIN22_64 Exam 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.



Supplements automatically mapped characteristics values

Answer: Derivation QUESTION NO: 29 CORRECT TEXT

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

SAP C_TFIN22_64 Exam values from SAP master data tables


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



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 QUESTION NO: 33 CORRECT TEXT

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

SAP C_TFIN22_64 Exam 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


QUESTION NO: 36

Allocations within profit centers are reflected in the assigned cost center (parallel accounting system)

A. True B. False


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


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


QUESTION NO: 39

Material stocks are transferred to Profit Center Accounting at Plant Level

A. False B. True


QUESTION NO: 40

Costs and revenues are posted to the profit center of the sales order item during settlement

A. False B. True


12


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


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


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


QUESTION NO: 44

There are no restrictions with regard to copying planning layouts in Profit Center Accounting

13

A. False B. True


QUESTION NO: 45


Profitability Analysis allows you to compile a profitability report using cost of sales accounting and period accounting

A. False B. true


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


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


QUESTION NO: 49

Asset balances in Asset Accounting can only be transferred periodically

A. True B. False


QUESTION NO: 50

Characteristic derivation signifies the process to determine the characteristic values for all CO-PA characteristics

A. True B. False


15


When assessment cycles are defined, you need to specify the controlling area from which the assessment will take place

A. True B. False


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



________supplements automatically mapped characteristic values

Answer: Derivation QUESTION NO: 54 CORRECT TEXT

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.



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



_____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

SAP C_TFIN22_64 Exam QUESTION NO: 59 CORRECT TEXT

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

Answer: Value fields QUESTION NO: 60 CORRECT TEXT

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



The _____ are calculated as the difference between the actual costs of goods manufactured and standard costs

Answer: production variances QUESTION NO: 63 CORRECT TEXT

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

18

Answer: derivation strategy SAP C_TFIN22_64 Exam


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 account- based CO-PA in the PA transfer structure, Fl

A. False B. True



_____ 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 QUESTION NO: 67 CORRECT TEXT

Reversing a realignment using the restore function has the effect of restoring the definitions of the________.

Answer: profitability segments QUESTION NO: 68

19

SAP C_TFIN22_64 Exam In costing-based Profitability Analysis, the actual data is always updated in the company code currency

A. True B. False


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.



___________represent the most important source of information in CO-PA

Answer: Actual postings QUESTION NO: 71 CORRECT TEXT

In the scheduler, you can schedule the tasks in a_______.

Answer: structure tree QUESTION NO: 72

20

SAP C_TFIN22_64 Exam 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



_______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


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




The_____(CO-PC) module is used to generate the product cost estimates for materials

Answer: Product Cost Controlling QUESTION NO: 77 CORRECT TEXT

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.

Answer: derivation strategy QUESTION NO: 78 CORRECT TEXT

In costing-based Profitability Analysis, _____store the base quantities and amounts for reporting

Answer: value fields QUESTION NO: 79 CORRECT TEXT

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 QUESTION NO: 80 CORRECT TEXT

_________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 QUESTION NO: 82 CORRECT TEXT

SAP uses _____and SAP Business Workflow to ensure the integration of the whole system

Answer: Application Link Enabling QUESTION NO: 83 CORRECT TEXT

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

Answer: Market profitability QUESTION NO: 84 CORRECT TEXT

___________ 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: SAP C_TFIN22_64 Exam


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


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



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 SAP C_TFIN22_64 Exam


The _____is the tool used to get data from the source systems into the Business Information Warehouse

Answer: Administrator Workbench QUESTION NO: 91 CORRECT TEXT

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



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


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




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



26

SAP C_TFIN22_64 Exam 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



______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




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

Answer: controlling area QUESTION NO: 104 CORRECT TEXT

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


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




_____ 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


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


30

QUESTION NO: 113

Name the output types of reports

A. Object List Report B. Drill-down C. Graphical


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



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 QUESTION NO: 116 CORRECT TEXT

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



_____ 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


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

C_TFIN22_64-s

Documents

performs specific

sd pricing

sap ctfin2264

check tables

perform extensive

profit center

cost center

user exit