Online Access Free C_TFIN22_67 Practice Test

To which organizational level do you have to assign the valuation area to create material costings?
Please choose the correct answer.
Response:

• A.Plant
• B.Company code
• C.Controlling area
• D.Business area

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

• A.At period-end closing; the inventory in a valuated project stock is additionally posted as work in process on the project.
• B.The inventory in a project stock always shows the same valuation as in the common stock of the material.
• 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.

Why is preliminary cost estimate required?
Please choose the correct answer.
Response:

• A.To valuate the unplanned scrap in variance calculation.
• B.All the above
• C.To confirm the actual activity quantities.
• D.To calculate production variances in variance calculation.
• E.To valuate work in progress

A company requests CO-PA reports with more detailed information. Which methods help to achieve more details in the CO-PA cost analysis? (Choose two)

• A.Refine the cost component structure in CO-PC and optimize the assignment to value fields.
• B.Define a cost splitting structure in the overhead surcharges to different characteristics in CO-PA.
• C.Use an allocation structure in the assessment cycle to CO-PA to assign different cost elements to different value fields
• D.Refine the asset valuation area settings and the account determination logic for assets.

The difference between Planning vs. Budgeting is as below, which statement is not
correct?
Please choose the correct answer.
Response:

• A.Unutilized budget can be carried forward in subsequent fiscal year but no such function is available in planning.
• B.Planning is based on approved funds whereas budgeting is based on funds requested.
• C.Planning is cost oriented whereas budgeting is funds oriented.
• D.The planning change easily where as budgeting is a binding value and new line item created for each changes.