Ultimate Guide to the C_TFIN52_67 - Latest Nov 06, 2022 Edition Available Now
2022 Updated Verified Pass C_TFIN52_67 Exam - Real Questions and Answers
NEW QUESTION 85
Which of the following describe characteristics of master data?
There are 2 correct answers to this question.
Response:
- A. Master data is typically assigned to organizational levels.
- B. Master data must be assigned on company code level.
- C. Master data is a template for transactional data.
- D. Master data is used on a long-term basis for multiple business processes.
- E. Master data cannot be changed after creation.
Answer: A,D
NEW QUESTION 86
You can configure different types of Chart of Accounts in the ERP system. Which one of the following are TRUE Chart of Accounts?
There are 3 correct answers to this question.
Response:
- A. Country-specific chart of accounts
- B. Plant-specific chart of accounts
- C. Operating chart of accounts
- D. Group chart of accounts
Answer: A,C,D
NEW QUESTION 87
Which of the following objects can you post via the cash journal? (Choose two.)
- A. Asset master
- B. Material master
- C. One-time customer
- D. Customer
- E. Accrual Engine
Answer: C,D
NEW QUESTION 88
Which of these combinations is true consider the following sentences?
1) A base currency can be assigned to an exchange rate type.
2) To deal with exchange rate spreads, two very efficient combinations of the exchange rate tools are using a base currency for the average rate (M) and using the exchange rate spreads to calculate the buying and selling rates (B and G).
3) A base currency can be used for an average, a buying or a selling rate.
4) The relations between currencies have to be maintained per exchange rate type and currency pair in the translation factors.
- A. 2, 3 and 4
- B. 1, 3 and 4
- C. 1, 2, 3 and 4
- D. 1, 2 and 3
- E. 1, 2 and 4
Answer: E
NEW QUESTION 89
A customer wants to use segment reporting on balance sheet and P/L accounts.
Which business function do you recommend?
- A. Special Purpose Ledger
- B. Profit Center Accounting
- C. Profitability Analysis
- D. New General Ledger Accounting
Answer: D
NEW QUESTION 90
Your customer runs an SAP ERP system with New General Ledger Accounting activated.
What do you need to do for Profit Center updates to be part of the general ledger?
- A. Set up the same group currency for all company codes and profit centers.
- B. Deactivate document splitting for profit centers.
- C. Activate transfer prices in Profit Center Accounting.
- D. Assign the Profit Center Update scenario to the ledger.
Answer: D
NEW QUESTION 91
For which scenario can you use the cash journal?
Please choose the correct answer.
Response:
- A. To post incoming and outgoing payments in any transaction currency
- B. To manage cash in local branches and offices
- C. To record documents that will not be included in the general ledger
- D. To make remittances to vendors
Answer: B
NEW QUESTION 92
Which function can you use to generate inter-company posting documents? (Choose two)
- A. Central payment
- B. Intercompany asset transfer
- C. Central currency valuation
- D. Intercompany dunning
Answer: A,B
NEW QUESTION 93
A customer wants to use segment reporting on balance sheet and P/L accounts.
Which business function do you recommend?
Please choose the correct answer.
Response:
- A. Special Purpose Ledger
- B. Profit Center Accounting
- C. Profitability Analysis
- D. New General Ledger Accounting
Answer: D
NEW QUESTION 94
Which object do you have to activate to maintain profit centers directly in Asset Accounting with all business functions for New General Ledger Accounting activated?
Please choose the correct answer.
Response:
- A. Segment Reorganization
- B. Segment Reporting
- C. Profit Center Update Scenario
- D. Profit Center Reorganization
Answer: B
NEW QUESTION 95
Your customer runs an SAP ERP system with New General Ledger Accounting activated. What do you need to do for Profit Center updates to be part of the general ledger?
Please choose the correct answer.
Response:
- A. Set up the same group currency for all company codes and profit centers.
- B. Deactivate document splitting for profit centers.
- C. Activate transfer prices in Profit Center Accounting.
- D. Assign the Profit Center Update scenario to the ledger.
Answer: D
NEW QUESTION 96
Your company currently uses internal number ranges for documents. You are rolling out your system in a new country. It is a legal requirement in this country to have external document numbering on vendor invoices (currently document type KR). You have copied the number ranges from the existing company code to the new company code. Which Customizing settings do you have to make to meet this requirement and have a minimal effect on the existing system configuration?
- A. Create a new external document type and assign the number range 51 to the new document type.
- B. Mark a new document number range as external and assign it to the document type KR.
- C. Mark existing number range interval 51 as external for the new company code.
- D. Create a new document type and a new external number range interval as external. Assign the new number range to the new document type.
Answer: C
NEW QUESTION 97
You entered a G/L account posting and received an error message saying that account type D (customer) is not allowed. Which object causes this error?
- A. Field status variant
- B. Currency key
- C. Document type
- D. Tolerance group
Answer: C
NEW QUESTION 98
Which of the following objects must you enter when posting an asset acquisition against a vendor? (Choose three.)
- A. Fixed asset balance sheet account
- B. Document type
- C. Asset master record
- D. Special G/L transaction
- E. Transaction type
Answer: B,C,E
NEW QUESTION 99
What do you define when you configure a dunning procedure?
- A. Dunning charges for each dunning level and customers to be dunned
- B. Dunning levels and dunning charges for each dunning level
- C. Dunning levels and account determination to post dunning interest
- D. Dunning levels and the language of the dunning note
Answer: B
NEW QUESTION 100
What are the advantages of the Payment Medium Workbench (PMW)? (Choose three.)
- A. It can be used to create new payment formats.
- B. It provides a uniform set of functions for all kinds of payment methods.
- C. It can be used to change payment formats without modifying the programs.
- D. It automatically creates direct debits.
- E. It activates the automatic import of settings related to changes in payment transaction laws.
Answer: A,B,C
Explanation:
Explanation
NEW QUESTION 101
A customer wants to define a chart of depreciation. How do you recommend setting up depreciation areas?
Please choose the correct answer.
Response:
- A. Based on the aims of internal or external reporting
- B. Based on company codes
- C. Based on the relevant chart of accounts
- D. Based on relevant currencies
Answer: A
NEW QUESTION 102
Which elements of a customer account are created when you maintain the account decentralized in Financial Accounting?
Please choose the correct answer.
Response:
- A. General data and sales area data
- B. General data and company code data
- C. General data, company code data, and sales area data
- D. General data, company code data, and purchasing organization data
Answer: B
NEW QUESTION 103
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SAP C_TFIN52_67 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| SAP Financials Basics 8% - 12% | Map the accounting structure of a company in SAP, create a company code, fiscal year variants, and assign fiscal year variants. Define currencies, configure validations and substitutions, test validations and substitutions, set up document types and number ranges, and utilize and explain posting keys. |
| Reporting 8% - 12% | Use Standard reports in Financial and Management Accounting (financial statements etc, report variants and variables), execute SAP List Viewer reports, and use the SAP List Viewer functions and drilldown reporting. |
| Asset Accounting > 12% | Create and maintain charts of depreciation and the depreciation areas, asset classes, asset master data, and configure and perform FI-AA business processes in the SAP system. Set up valuation and depreciation, perform periodic and year-end closing processes, and explain and configure parallel accounting and new asset accounting. |
| Accounts Receivable 8% - 12% | Create and maintain customer accounts, post invoices and payments, reverse invoices and payments, define terms of payment and payment types, manage partial payments, set up correspondence, send periodic account statements, describe integration with sales and distribution, set up and execute dunning. |
| Financial Closing 8% - 12% | Perform month and year-end closing in Financial Accounting (exchange rate valuation, post provisions etc.), create balance sheet, create profit and loss statements, monitor closing operations using the Financial Closing Cockpit, post accruals with accrual documents and recurring entry documents, and manage posting periods. |
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