C_TFIN22_67 SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 exact Exam Questions

SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7

Last Update 12 hours ago Total Questions : 255

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Question # 11

Which document types are typically incorporated into the Business Blueprint? (Choose three)

Process models

Business requirements

Project charters

Test cases

Functional solution designs

Question # 12

Your New GL customer uses real-time reconciliation of CO and FI. The customer wants to show the value flow of activity allocations between cost centers assigned to different profit centers. What does the customer have to configure?

There are 2 correct answers to this question.

Response:

Execute the periodic transfer to profit center accounting.

Define a G/L reconciliation account for direct activity allocation.

Select profit center as a characteristic for real time reconciliation between CO and FI.

Carry out a reconciliation run for activities types in the new GL.

Question # 13

The management of an international company perceives the implementation of SAP ECC 6.0 with the New General Ledger Accounting as an opportunity to standardize their global processes and still be in compliance with statutory local reporting. What are some of the key design decisions that support their global requirements? (Choose three)

They should design one leading ledger and one non-leading ledger to capture parallel accounting reporting requirements.

They should adopt a master data governance strategy to globally enhance the integrity of master data.

They should use one global controlling area and assign the credit control areas to the controlling area.

They should define multiple controlling areas and assign company codes to the controlling areas.

They should use one standard global chart of accounts and one global controlling area and assign the company codes to the controlling area.

Question # 14

Which of the following is the typical sequence of steps in an ASAP roadmap?

Business blueprint -> Project preparation -> Final preparation -> Realization -> Go-live and support

Project preparation -> Final preparation -> Business blueprint -> Realization -> Go-live and support

Project preparation -> Business blueprint -> Realization -> Final preparation -> Go-live and support

Project preparation -> Realization -> Business blueprint -> Final preparation -> Go-live and support

Question # 15

A customer is interested in using the SAP Solution Manager. How do you explain it to them?

Provides the development and runtime environment for SAP applications and can be used for custom development and integration with other applications and systems

Facilitates the exchange of information among a company's internal software and systems and those of external parties

Provides business experts with an infrastructure for realizing and operating planning scenarios or other applications

Provides integrated support of the life-cycle of a business solution, from the Business Blueprint, through configuration to production operation

Question # 16

The customer requires a new Report Painter report displaying cost information and statistical key figures in one report.

By defining two separate reports and combining them.

By defining two variants for the report.

By defining additional rows in the report.

By defining two sections in the report.

Question # 17

A customer has a 1000 cost centers each with about 100 different primary cost elements.

Select the ranking of cost allocation methods according to the shortest expected runtime (list the fastest method first).

Periodic Reposting < Assessment < Distribution

Assessment < Periodic Reposting < Distribution

Distribution < Assessment < Periodic Reposting

Question # 18

What is the name of the infrastructure that supports core business solutions in four subcomponents including people integration, information integration, process integration, and application platform?

SAP NetWeaver

SAP Business Process Management

SAP Exchange Infrastructure

SAP Web AS

Question # 19

In New GL, how would you incorporate companies with different fiscal years if you wanted to assign them to the same controlling area?

Use the same fiscal year variant for all company codes and set up parallel accounting for company codes that have different fiscal years.

Create company codes with different fiscal year variants and assign them to the same group company for reporting purposes.

Create company codes with the same fiscal year variant and assign the company codes that have a different fiscal year to non-leading ledgers with the appropriate fiscal year variant.

Use the same fiscal year variant for all company codes and do a reversible close for the company codes that have different fiscal years.

Question # 20

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

Please choose the correct answer.

Response:

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

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

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

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