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C_TFIN22_64 - SAP Certified Application Associate(R) - Management Accounting (CO) with SAP ERP 6.0 EHP4 - Dump Information

Vendor : SAP
Exam Code : C_TFIN22_64
Exam Name : SAP Certified Application Associate(R) - Management Accounting (CO) with SAP ERP 6.0 EHP4
Questions and Answers : 451 Q & A
Updated On : May 25, 2017
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C_TFIN22_64 Questions and Answers

C_TFIN22_64


QUESTION: 432

Process orders are of order type


  1. 50

  2. 40

  3. 10

  4. 5


Answer: B


QUESTION: 433

The order type of the PCC must belong to Order Category


  1. 05

  2. 01

  3. 06

  4. 03

  5. 02


Answer: A


QUESTION: 434

Variance Key can be defined at Planned level and shall apply to all material master recordscreated in the plant


  1. True

  2. False


Answer: A


QUESTION: 435

When you create the product cost collector you can decide on which level the cost is allocated to the PCC


  1. False


  2. True


Answer: B


QUESTION: 436

is used when the controlling focus is on concrete quantities


  1. Product cost By Order

  2. Sales Order

  3. Product cost by Period


Answer: A


QUESTION: 437

Standard Cost Estimate includes Planned component Scrap


  1. True

  2. False


Answer: A


QUESTION: 438

The system valuates the planned activity quantities using the master recipe


  1. True

  2. False


Answer: A


QUESTION: 439

You can specify in the material list whether a cost of the catalyst is taken into account


  1. True


  2. Not true, the cost is automatically taken into account.


Answer: A


QUESTION: 440

Variance can only be calculated on a cost object only if a is stored in the masterrecord


  1. Costing Key

  2. Variance Key

  3. Overhead Key


Answer: C


QUESTION: 441

You use valuated stock if you want to post the Good Movements to have corresponding postings Fl


  1. True

  2. False


Answer: A


QUESTION: 442

Co-product indication must be selected in the Material master record or in the BOM for Byproductsalso


  1. True

  2. False


Answer: B


QUESTION: 443

Costing Sheet: Meaning


  1. Whether overhead is allocated on a percentage basis or on the basis of quantity

  2. The validity period of overhead

  3. Which cost object is credited (cost center, process or order), under which cost element in thecase of actual postings

  4. The conditions under which the over heads are applied.(dependency)

  5. The direct costs to which overhead needs to be applied ( calculation base)

  6. The amount of overhead percentage or the amount of overhead measure for each unit ofmeasure (overhead)


Answer: A, B, C, D, E, F


QUESTION: 444

What would recommend in case of Repetitive Manufacturing


  1. Product Cost by Order

  2. Sales Order

  3. Product Cost Collectors


Answer: C


QUESTION: 445

A Master Recipe: Validate the following statements.


  1. Phase is a self contained work step that describes one part of the production process in detail

  2. Operation and phases can use Secondary resources in addition to the Primary resource.

  3. Constrains Operations and Phases

  4. Operations consolidate several phases


Answer: A, B, C, D


QUESTION: 446

The system valuates the planned quantities of the Material Components using the Material list


  1. True

  2. False


Answer: A


QUESTION: 447

If the circulating material is flagged for costing, the material cost appears in the itemization listonce with a plus sign and once with a minus sign. The difference is treated as material usagecosts.


  1. False

  2. True


Answer: B


QUESTION: 448

Overheads for sales and administration are calculated using of the requirement level.Overheads for material and production costs are calculated using the pricing procedure of the of the costing variant.


  1. valuation variant, pricing procedure

  2. valuation variant, costing variant.

  3. pricing procedure, valuation variant

  4. costing variant, valuation variant


Answer: C


QUESTION: 449

The Product Cost Collector uses which of the following Settlement Rules


  1. FUL

  2. PER


Answer: B


QUESTION: 450


Input Material:


  1. Are temporty and exists only between production phases

  2. Raw Material and semin finished products used in the manufacturing process

  3. Are debited to the Manufacturing order when are withdrawn from the Inventory ( goods issueposting)


Answer: B, C


QUESTION: 451

Preliminary costing is used to


  1. Revaluate reporting point quantities if the reporting point structure is changed

  2. Determine the activity quantity to be confirmed in repetitive manufacturing. C. Valuate work in process

D. Determine production variances and valuate scrap variances


Answer: A, B, C, D


SAP C_TFIN22_64 Exam (SAP Certified Application Associate(R) - Management Accounting (CO) with SAP ERP 6.0 EHP4) Detailed Information

What is SAP Certification?
SAP has been continuously adding onto its product offerings with new e-business applications, web interfaces, tools for supply chain management, customer relationship management and much more. SAP systems comprise various fully integrated modules covering almost every aspect of business management. While most businesses today are looking to work upon a SAP framework, a SAP certification is increasingly becoming important for the career of employees. Not just regional job prospects, but SAP entertains hiring across the world. SAP is a globally recognized business platform today in various functional fields including Financial Accounting and Controlling (FICO), Production Planning (PP) and Materials Management (MM). The demand for SAP expertise is increasing in both production facilities are managerial workplaces, with companies coming up with a wide spectrum of SAP facilitated modules.
Eligibility of SAP Certification and the Courses Offered
SAP constitutes lot many courses and modules. The eligibility depends on which particular SAP course one is interested in and the skill he/she possesses. It is recommended that the candidate has a relevant academic background in subjects including Computer Science, Business Administration, Finance, Accounting, Human Resource, Information Systems, Operations Management and Systems Engineering.
SAP certification is divided into two types of courses – one being more functional and the other being more technical. However, both the courses present similar authorization and transaction codes related to your educational background. Further, the course content can be greatly varied as per the nature of the course.
The Technical SAP certification focuses more on programming and module customization.
This is further complimented by roles that mix both the functional and technical skills including the responsibilities of business analysts. Technical courses are advises if you come from a programming / developing / computer background.
There aren’t any particular courses or sets of courses that need to be taken before sitting for the certification exam. However, if you are applying for a higher level Professional Certification, you must hold an Associate level Certification. SAP certifications help validate the expertise and experience of SAP partners, software users, customers and professionals who are looking to be placed in a SAP environment. The certification is recognized globally and is a standardized criterion for several roles and responsibilities.
Advantages of SAP certification
SAP is one of the most sought after certification in the current business environment. IT professionals acquainted with SAP platforms are demanded in every part of the world and it has been one of the most successful It certifications recently. SAP implementation is a complicated process and demands adequate knowledge and training for the same. For professional it takes years of experience to gain adequate expertise. This is also the reason that modern businesses look out for SAP certified professionals.
Job
Getting better jobs is the primary reason that professionals enroll for a SAP certification. Numerous candidates have been able to move up the ladder using their SAP certification. SAP is currently being recognized by all global companies and can bring about a huge leap in anyone’s career. 70% of companies listed under the Forbes 500 run on SAP ERP. With demand getting bigger, the opportunities to eligible professionals too are swelling.
Money Matters
SAP certified professionals are subsequently higher paid that those without a certification. SAP consultants begin with a significantly higher pay scale than those without a certification. The average salary also depends upon a lot of other factors including their level of experience, educational background, employer type and the industry they are applying in. Professionals with a minimum of 4 years of experience can demand an average salary between $57,200 and $79,100. Veteran SAP executives earn between $92,000 and $137,600. Coming to education, professionals backed by an MBA (Masters in Business Administration) degree can demand anywhere between $67,400 and $115,500.
With SAP professionals are hired by both the government and private firms. Those working with the Federal Department can earn between $79,500 and $165,000. Coming to the industry type now, those working in software companies have reported the highest salaries between $82,500 and $113,700. However, SAP consultants are also required in consultancies, ERP systems, CRM solutions, manufacturing, logistics, production, distribution and many other industries.
Reputation and Recognition
Better role and paycheck is automatically followed by reputation and recognition among peers, colleagues, and clients. This can even act as a motivator to help them do better in their jobs and earn higher benefits. SAP professionals will be recognized by their certification. The accreditation can be used along with the names and this indeed makes a strong impression among recruiters and employers.
Prospects of Promotion
SAP certification can act as a special cushion in every professional’s career. There are endless opportunities after getting the certification and it makes it easier to reach career goals that it would have been without the certification. In the workplace, SAP certified employees are prioritized for promotion that those without it. Being the recognized experts in the platform, they are an asset to the company and thus are subsequently looked after.
Conclusion
Today, SAP systems define both large scale and small businesses. It is one of the most benefiting ERP platforms that facilitate better functioning of a business in all aspects. Having a SAP certification enables a professional to be better prepared for the rising workplace complexities. In some cases, it is not just an advantage but a strict criterion for selection.
World-class SAP education, enablement & certification
Empower your SAP end users, from developers to marketers – with our suite of SAP training courses and certification programs. Create a comprehensive training plan, choose from live, mobile, or online courses – and ultimately boost technology proficiency across your organization. Our software training covers SAP S/4HANA, SAP HANA, SAP SuccessFactors, SAP BusinessObjects, and more.
Visit the training and certification shop
Make the grade with SAP Education
No one knows SAP like SAP. And no one else has the systems and instructional experience to help you learn it as effectively. No matter where you are in the world, SAP Education offers the most up-to-date and accurate SAP training available.
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Learn about SAP innovations when, where, and how you want – free of charge – with openSAP. This innovative platform for Enterprise MOOCs (Massive Open Online Courses) offers a flexible, fun and engaging learning experience through gamification to get started with learning at SAP.
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Gain a competitive advantage, for you and your team, with SAP certification. Globally recognized, our training certifications demonstrate that you have honed your skills through rigorous study and direct experience in your area of expertise. Whether you are an SAP partner, customer, or user – we offer certificate training by area of focus and skill level that will increase your technology value.
Learn More About the Value of Certification ›
Current Certifications
The Valid Certifications list shows if a certification is still up-to-date and valid. SAP updates the list regularly as both new on-premise and cloud exams go live. We also remove exams retired for 12 months or more. Find out more about SAP certification here.
List of Valid Exams ›
Are you ready for SAP SuccessFactors Professional Certification?
This expert level of Certification is based on successful project experience and does not require a new exam. SAP SuccessFactors Professional Certification shows the world that you have the highest level of competency on SuccessFactors products.
Do you meet the requirements?
Are you an SAP SuccessFactors Partner or an SAP SuccessFactors Consultant?
Do you have a valid SuccessFactors Associate Certification?
Have you been part of 3 successful SuccessFactors implementations in the last 30 months?
2 projects as lead consultant
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If you answered yes Apply or Learn More.
Global Partner Certifications
You can trust certified global SAP service partners to get the job done right: they’ve proven their real-world expertise on the latest SAP technologies..
The links below identify the certification levels for certified partners in Analytics, Applications (ERP), Database & Technology, Mobility, SAP HANA and Cloud in their respective regions..
World-class SAP training and education
Give your workforce the knowledge and skills they need to maximise the power of your SAP solutions – with our suite of training courses, education programs, and SAP certifications. Create a comprehensive training plan, empower end users with live, online, and mobile courses – and ultimately boost software and technology proficiency across your organisation.
Credential Manager
The Credential Manager™ portal is a complimentary service to provide you access to rewards and benefits for going that extra mile, help you more easily manage and administer certification-related tasks and last but certainly not least help you to fully leverage your expertise.
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Accessing Credential Manager Questions
If you have problems logging into Credential Manager or have not yet received an e-mailplease contact credential-manager@sap.com listing your current Person ID (former SAP User-ID or S-User) and any additional user ID’s with which you are SAP Certified.
Looking for SAP Certified resources to drive your project success?
SAP Certification is an important benchmark to help you make smart business decisions on engaging, recruiting or up-skilling the people essential for your business success with SAP. Search in the Certificant Registry today for certified individuals in the appropriate solution area near to you.
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C_BOCR_11 Expired listed until June 30th 2017
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