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C_TFIN22_67 SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 Free Practice Exam Questions (2025 Updated)

Prepare effectively for your SAP C_TFIN22_67 SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2025, ensuring you have the most current resources to build confidence and succeed on your first attempt.

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Total 255 questions

What is a report group in Report Painter required for?

A.

To add a report as a sub folder in the Easy Access Menu.

B.

To run reports in costing based profitability analysis.

C.

To serve as a template for the creation of new Report Painter reports.

D.

To assign further reports via the report/report interface.

The assignment of organizational units, company code ,business area or profit center of a cost center can be changed during the financial year only if following criteria is meet:

Which of the above statement is not correct?

Please choose the correct answer.

Response:

A.

The currency of new & old company code is same.

B.

The planning data has only been posted in the fiscal year.

C.

The cost center has not been assigned to a fixed asset, HR master record or work center

D.

The transaction data has been posted in the fiscal year

How does the decoupling scenario for production orders in combination with a product cost collector work?

A.

All costs are posted to the production order, which settles to the product cost collector.

B.

Costs are posted to the product cost collector and statistically to the production order.

C.

Costs are posted to the production order and statistically to the product cost collector.

D.

Costs are only posted to the product cost collector and not to the production order.

While working with account assignments, you need to follow certain rules. Which of the following rules need to be followed?

There are 2 correct answers to this question.

Response:

A.

You need to specify a true Controlling object in each posting item.

B.

In each posting item, you can specify up to four statistical Controlling Objects in addition to the true Controlling Object.

C.

The same Controlling Object can be specified as True and statistical in the same posting item.

D.

You can make true revenue posting to a real estate object.

A customer considers implementing valuated project stock. Which are the benefits of the valuated project stock?

A.

The inventory in a project stock always shows the same valuation as in the common stock of the material.

B.

At period-end closing; the inventory in a valuated project stock is additionally posted as work in process on the project.

C.

The valuated project stock is simple to handle because there is always only one per project.

D.

Creating an inventory will result in an inventory posting instead of a cost posting.

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? (Choose two)

A.

Execute the periodic transfer to profit center accounting.

B.

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

C.

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

D.

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

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

A.

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

B.

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

C.

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

D.

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

How can you achieve periodic controlling when a lot size based production scenario is used by logistics? (Choose two)

A.

Adjust the default rule in the default values for the production order type.

B.

Use an internal order in addition to the production order.

C.

Use a product cost collector in addition to the production order.

D.

Adjust the costing type of the plan costing variant.

A customer asks you to explain the category price variances received on production orders. What could be the reason for price variances? (Choose two)

A.

The activity types were consumed from different cost centers.

B.

The master data of the consumed materials is V price indicated.

C.

The valuation variants of the cost estimate and the production order are different.

D.

The respective routing has changed.

Which SAP NetWeaver component realizes cross-system application processes?

A.

SAP Enterprise Portal (SAP EP)

B.

SAP Business Warehouse (SAP BW)

C.

SAP Exchange Infrastructure (SAP XI)

D.

SAP Process Integration (SAP PI)

E.

SAP Master Data Management (SAP MDM)

Where do you have to activate commitment management to enable posting commitments on cost centers?

A.

Cost center master record

B.

Controlling area

C.

Standard hierarchy

D.

Cost element master record

Each billing document creates line items in CO- P

A.

For which characteristics do you need to create specific derivation rules?

There are 2 correct answers to this question.

Response:

B.

Product group

C.

Business area

D.

Sales district

E.

Ship-to-party

What are the key building blocks of the ASAP Roadmap?

A.

Project Quality Gates and Review Services

B.

Phases and Work streams

C.

Phases and Deliverable groups

D.

Phases and Activities

A customer wants to allocate internal and external costs, based on statistical key figure values, to the receivers. Which method do you choose?

A.

Assessment

B.

Overhead calculation

C.

Distribution

D.

Settlement

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

A.

Process models

B.

Business requirements

C.

Project charters

D.

Test cases

E.

Functional solution designs

The characteristic of tangible goods are stated below. Which of the following statement not correct?

Please choose the correct answer.

Response:

A.

Materials can be produced in-house, subcontracted or procured externally.

B.

Productobject. cost estimate can also be used for comparison purpose in cost controlling

C.

No inventory exists.

D.

The product cost planning is used to arrive at the cost estimate for the same.

You want to receive internal activities in the material cost estimate by using a routing. How do achieve this?

Please choose the correct answer.

Response:

A.

Assign a cost element with type 43 (internal activity allocation) to the routing operation.

B.

Assign a cost center with category "production" to the routing operation.

C.

Assign a cost center and its activities to the corresponding work center.

D.

Assign a cost center and its activities directly to the routing header.

When settling an investment order for an unfinished asset, the customer, by law, needs to settle the order to an asset under construction (AuC).

How can this be accomplished in the system?

A.

Set up an appropriate investment reason and a threshold for scale level and assign both to the order.

B.

Set up an assessment cycle to allocate the costs of the investment order to the previously created AuC.

C.

Assign a settlement rule to AuC directly to the position of the investment program.

D.

Set up the investment profile to use the AuC of a certain asset class and assign it to the used order type.

In customization for costing based CO-PA we assign costs and revenues to the required value field. Match the following sources of value fields.

1 Cost Estimate i. Fixed Cost of Goods Manufactured

2 WBS Elements ii. Freight costs

3 General ledger Posting iii. Research & development costs

4 Production order iv. Estimated bonuses

5 Additional costs v. Production Variances

Please choose the correct answer.

Response:

A.

1-i., 2-iii.,3-ii.,4-v.,5-iv.

B.

1-iv., 2-ii.,3-iii.,4-v.,5-i.

C.

1-ii.,2-iii.,3-i.,4-v.,5-iv.

D.

1-v., 2-iii.,3-ii.,4-v.,5-i

How do you receive the internal activities in the material cost estimate using a logistic quantity structure?

A.

Assign the responsible cost center and its activities directly to the routing header.

B.

Assign a cost center and its activities in the work center of the routing operation.

C.

Assign a cost element with type 43 (internal activity allocation) to the routing operation.

D.

Assign a cost center and its activities to the bill of material.

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