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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:

SAP C_TFIN22_64 Exam 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.

SAP C_TFIN22_64 Exam Answer: A Explanation:

QUESTION NO: 8 CORRECT TEXT 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:

QUESTION NO: 10 CORRECT TEXT 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

SAP C_TFIN22_64 Exam 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?

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 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:

QUESTION NO: 18 CORRECT TEXT -base CO-PA stores its transaction data in its own data tables, which are created when activating and generating the operating concern

Answer: Costing

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 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

SAP C_TFIN22_64 Exam Answer: B Explanation:

QUESTION NO: 23 CORRECT TEXT 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:

QUESTION NO: 26 CORRECT TEXT 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. Answer: A,B Explanation:

QUESTION NO: 28 CORRECT TEXT 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 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:

QUESTION NO: 32 CORRECT TEXT 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 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

SAP C_TFIN22_64 Exam 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

SAP C_TFIN22_64 Exam 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

SAP C_TFIN22_64 Exam 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

SAP C_TFIN22_64 Exam 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

SAP C_TFIN22_64 Exam 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:

QUESTION NO: 53 CORRECT TEXT ________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

SAP C_TFIN22_64 Exam 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:

QUESTION NO: 56 CORRECT TEXT 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:

QUESTION NO: 58 CORRECT TEXT _____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 Answer: B Explanation:

QUESTION NO: 62 CORRECT TEXT 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

SAP C_TFIN22_64 Exam Answer: derivation strategy

QUESTION NO: 64 CORRECT TEXT 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:

QUESTION NO: 66 CORRECT TEXT _____ 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 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:

QUESTION NO: 70 CORRECT TEXT ___________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 Answer: A Explanation:

QUESTION NO: 73 CORRECT TEXT _______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

SAP C_TFIN22_64 Exam Answer: A Explanation:

QUESTION NO: 76 CORRECT TEXT 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

SAP C_TFIN22_64 Exam QUESTION NO: 81 CORRECT TEXT 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

SAP C_TFIN22_64 Exam Explanation:

QUESTION NO: 86 CORRECT TEXT 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:

QUESTION NO: 89 CORRECT TEXT The business purpose of_____ is to provide profitability-oriented performance information on the market segments or sales channels of a company

24

SAP C_TFIN22_64 Exam Answer: profitability analysis

QUESTION NO: 90 CORRECT TEXT 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 Answer: B Explanation:

QUESTION NO: 93 CORRECT TEXT 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

SAP C_TFIN22_64 Exam 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:

QUESTION NO: 96 CORRECT TEXT 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:

QUESTION NO: 98 CORRECT TEXT 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 Answer: B Explanation:

QUESTION NO: 100 CORRECT TEXT ______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 QUESTION NO: 101 CORRECT TEXT 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

SAP C_TFIN22_64 Exam A. False B. True Answer: A Explanation:

QUESTION NO: 103 CORRECT TEXT 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 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

SAP C_TFIN22_64 Exam A. True B. False Answer: A Explanation:

QUESTION NO: 107 CORRECT TEXT _____ 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

SAP C_TFIN22_64 Exam 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

SAP C_TFIN22_64 Exam

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:

QUESTION NO: 115 CORRECT TEXT 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

SAP C_TFIN22_64 Exam 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:

QUESTION NO: 118 CORRECT TEXT _____ 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