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SAP C-TFIN22-65 Exam Syllabus Topics:

SectionObjectives
Cost Center Accounting- Define and create cost centers and hierarchies
- Perform planning and allocations for cost centers
Cost Element Accounting- Configure and interpret cost element types
- Integration with Financial Accounting
Product Cost Controlling- Analyze variances for cost objects
- Understand integration with material valuation
Organizational Structure in Management Accounting- Understand organisational levels relevant for CO processes
- Define and describe Controlling area and assignment
Profitability Analysis (CO-PA)- Define characteristics and value fields
- Configure costing based CO-PA
Reporting and Integration- Understand integration with FI and other SAP modules
- Generate CO reports (cost center, internal orders, etc.)
Internal Orders- Commitment and actual postings and settlement
- Configure internal order types and attributes

SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EHP5 Sample Questions:

1. Which of the following views and results do profit center accounting reports in New GL provide? Note: There are 3 correct answers to this question.

A) Fixed and variable cost portions
B) Return on investment
C) Cost of goods sold
D) Balance sheet statement
E) Variance categories of production


2. 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? Note: There are 2 correct answers to this question.

A) Select profit center as a characteristic for real time reconciliation between CO and FI.
B) Define a G/L reconciliation account for direct activity allocation.
C) Execute the periodic transfer to profit center accounting.
D) Carry out a reconciliation run for activities types in the new GL.


3. Which master data is required for a direct activity allocation? Note: There are 3 correct answers to this question.

A) Secondary cost element
B) Cost center
C) Activity type
D) Activity price
E) Allocation cycle


4. How does material costing support semi-finished and finished materials that are valuated in stock with consistent valuation strategies per company code?

A) You are only allowed to use iterative activity prices in material cost estimates which update standard prices.
B) You are only allowed to use material cost estimates with quantity structure to update standard prices.
C) You are only allowed to use one single costing variant to update standard prices per period and company code.
D) Costing runs to update the standard prices have to run generally under observation of an external auditor.


5. A customer allocates a variety of cost elements from many cost centers to others by distribution cycles. The customer complains about the long duration and runtime. What do you recommend to shorten the runtime? Note: There are 2 correct answers to this question.

A) Use cycle run groups for parallel processing.
B) Use an allocation structure within the distribution cycles.
C) Use assessment instead of distribution.
D) Use iteration within the cycles.


Solutions:

Question # 1
Answer: B,C,D
Question # 2
Answer: A,B
Question # 3
Answer: A,B,C
Question # 4
Answer: C
Question # 5
Answer: A,C

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