Prep CO 1 Flashcards
You post a billing document in Sales and Distribution (SD). What data flows to Profit Center Accounting? 3 antwoorden
Accruals
Revenues
Payment discount
Order quantity
Sales deductions
Accruals
Revenues
Sales deductions
You want to set up budget availability control for your projects and internal orders. What can you check using budget availability control? 2 antwoorden
The availability of funds on period level
The availability of funds according to tolerance limits
The availability of funds in object currency
The availability of funds using overall plan value
The availability of funds according to tolerance limits
The availability of funds in object currency
Which functionalities can create primary cost component splits? 2 antwoorden
Business processes price calculation
Cost center/activity type price calculation
Execution of the assessment cycles
Settlement of internal orders
Settlement of internal orders
Execution of the assessment cycles
What action do you perform to use the Cost-Based Percentage of Completion (POC) method?
Costing of an order
Setting to profitability analysis
Billing of a sales order during production
Running the results analysis
Running the results analysis
At what level do you create the structure of the operating concern?
Company code level
Sales organization level
Client level
Controlling area level
Client level
You are setting up costing-based Profitability Analysis for your organization. How do you configure the different market segments?
As divisions
As value fields
As characteristics
As key figures
As characteristics
Which customizing activity do you perform in overhead cost controlling?
Maintain costing variant parameters
Define cost center categories
Define company centers categories
Create value fields
Define cost center categories
In the material master record there are three planned prices. What do you use them for?
To valuate material stocks
To update the standard price during the release of a standard cost estimate
To valuate goods movement
To valuate the materials in cost estimates
To update the standard price during the release of a standard cost estimate
Which object can you select for reporting in costing-based Profitability Analysis, and NOT in account-based Profitability Analysis?
Record type
Cost element
Company code
Period/year
Record type
A profit center standard hierarchy contains all profit centers that are assigned to which organizational unit?
Controlling area
Client
Plant
Operating concern
Controlling area
In an SAP S/4HANA system, you have two profit centers with the same profit center code and the same validity period, but different names.
What does this indicate about the configuration of the profit centers?
They are defined in separate company codes
They are defined in separate controlling areas
They are assigned to different segments
They are assigned to different functional areas
They are defined in separate controlling areas
What parameters can you set up when defining order types? 2 antwoorden
Define default parameters for master record fields.
Allow revenue postings.
Set up work lists.
Define document type.
Define default parameters for master record fields.
Allow revenue postings.
Which of the following values can be calculated using results analysis? 3 antwoorden
Gross margin
Cost of goods manufactured
Reserves for unrealized costs
Work in progress
Cost of sales
Reserves for unrealized costs
Work in progress
Cost of sales
You want to use a template for activity and process assignment to your material cost estimate. What do you need to do?
Use the costing sheet of the costing view 1 in the template determination table
Assign a template directly to costing view 1 of the material master record
Assign a template to an operation in the routing of the material
Use the template allocation function in the material cost estimate and the costing run
Use the template allocation function in the material cost estimate and the costing run
You want to maintain a cost component structure. What can you determine for each cost component? 3 antwoorden
Assignment of cost component to cost component group
Assignment of cost component to calculation base for overheads in costing sheet
Relevance of cost component to inventory valuation
Relevance of cost component to goods manufactured
Relevance of cost component to results analysis
Assignment of cost component to calculation base for overheads in costing sheet
Relevance of cost component to inventory valuation
Relevance of cost component to results analysis
You configured an overhead costing sheet that uses the quantity-based overhead approach to calculate the overhead amount. What is required for the amount to be calculated?
Settlement rules with valid receiver objects
Activity types with actual or plan quantities maintained
Statistically figures with values for the period
Cost accounts with the option to record quantity
Cost accounts with the option to record quantity
You want to configure different cost centers in your company. Which setting in the cost center master data will you use to assign the same attributes to similar cost centers?
Cost center type
Functional area
Activity type
Cost center category
Cost center category
You want to set up integrated planning for your internal orders. What do you need to do? 2 antwoorden
Set the relevant indicator in the controlling area.
Set the relevant indicators in the CO version.
Set the relevant indicator in the planning profile of the order type.
Set the relevant indicator in the internal order master record.
Set the relevant indicators in the CO version.
Set the relevant indicator in the internal order master record.
To which objects do you settle values of the results analysis? 2 antwoorden
Profit center
Cost center
Profitability segment
Segment
Profit center
Profitability segment
Which of the following statements best describe Product Cost by Order? 2 antwoorden
It is used when you perform repetitive manufacturing.
It is used when full cost traceability is needed.
It is recommended for products with a long production time.
It is used when controlling by individual production lots or discrete quantities is needed.
It is used when full cost traceability is needed.
It is used when controlling by individual production lots or discrete quantities is needed.
In the Product Cost by Order component, what does the system calculate depending on the order status?
WIP at actual costs or variances
WIP at target costs or variances
WIP at planned costs or variances
Both WIP and variances or only variances
WIP at actual costs or variances
You are using availability control in your SAP S/4HANA system. Which documents can cause the system to raise a warning message when the budget was exceeded? 2 antwoorden
Incoming invoice
Purchase requisition
Outgoing payment
Goods issue from order
Incoming invoice
Purchase requisition
Which costs exist in SAP S/4HANA? 2 antwoorden
Primary costs with G/L account
Secondary costs with G/L account
Primary costs without G/L account
Secondary costs without G/L account
Primary costs with G/L account
Secondary costs with G/L account
What does the calculation of a condition type in the costing sheet of CO-PA depend on? 2 antwoorden
Valuation
Segment
Condition class
Calculation type
Condition class
Calculation type
You perform a settlement with a primary cost account which is different from the cost account you used to post the original expense. Which object is a valid receiver for the settlement?
WBS element
Fixed asset
Cost center
Internal order
Fixed asset
When is the standard hierarchy of the controlling area created?
When the controlling area is defined
When the first cost center for a controlling area is created
When the controlling area is assigned to the operating concern
When the first company code is assigned to the controlling area
When the controlling area is defined
Which currency types can you use for costing-based CO-PA? 2 antwoorden
Operating concern currency
Group currency
Controlling area currency
Company code currency
Operating concern currency
Company code currency
What is the highest reporting level in management accounting?
Operating concern
Company code
Profit center
Controlling area
Operating concern
You want to create a new standard cost estimate based on the quantity structure of the existing standard cost estimate. Which object do you use?
Reference variant
Costing version
Transfer control
Costing type
Reference variant
Which component provides insight into the effectiveness and results for areas of responsibility within the enterprise?
Profit center accounting
Results analysis
Profitability analysis
Revenue accounting and reporting
Profit center accounting
What must the referenced cost estimate and the receiving cost estimate have in common?
The company codes
The plant
The quantity structure
The cost component structure
The quantity structure
On which organizational level do you maintain profit center accounting in SAP S/4HANA?
Controlling area
Financial statement version
Company code
Operating concern
Controlling area
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? 2 antwoorden
It can be defined for postings on general ledger accounts of secondary costs type.
It takes precedence over validation and substitution.
It can be overwritten in the application.
It can be defined for postings on general ledger accounts of primary costs type
It can be overwritten in the application.
It can be defined for postings on general ledger accounts of primary costs type.
Which process determines the target costs of the cost object in a product cost by order scenario?
Accrual calculation
Actual costs calculation
Variance calculation
Work in progress (WIP) calculation
Variance calculation
To which objects do you assign the elements of the cost component split to ensure the transfer of costing to costing-based CO-PA?
G/L accounts
Value fields
Controlling areas
Segments
Value fields
How can you populate local variables in Profitability Analysis reports?
By user entry during report execution
By Business Add-In
By user exit
By populating from user parameters
By user entry during report execution
Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA?
Account group
Account type
Account currency
Field status group
Account type
Which receiver must be allowed in the settlement profile of a product cost collector?
Business process
Material
Cost center
Order
Material
Which scenarios can be covered by the costing run? 2 antwoorden
Inventory cost estimate of all the materials in one plant
Standard cost estimate of all the materials in all plants of a controlling area
Current cost estimate of all the materials in all controlling areas
Product cost collector cost estimate in one plant
Standard cost estimate of all the materials in all plants of a controlling area
Current cost estimate of all the materials in all controlling areas
Which characteristic of an internal order does the order type control?
Budget profile assigned to the order
Types of costs posted to the order
Time period for which the order is valid
Controlling areas the order is assigned to
Budget profile assigned to the order
What are some of the unique attributes of an assessment cycle in Controlling? 2 antwoorden
They transfer primary and secondary costs.
They transfer only primary costs.
They use a secondary cost element during transfer.
They use the original cost element during transfer.
They transfer primary and secondary costs.
They use a secondary cost element during transfer.
Which default values can you configure for the product cost collector? 2 antwoorden
Results Analysis (RA) version
Costing variant for preliminary costing
Results Analysis (RA) key
Variance variant
Costing variant for preliminary costing
Results Analysis (RA) key
What are some of the objectives of Profitability Analysis? 2 antwoorden
Provide the company with information on the performance of its market segments.
Provide the company with a detailed view of its financial statements by responsibility units.
Allow the company to determine standard costs and revenues according to the period accounting method.
Allow the company to determine if the sales force achieved their contribution margin goals.
Provide the company with information on the performance of its market segments.
Allow the company to determine if the sales force achieved their contribution margin goals.
In which module do you process profit center allocations in SAP S/4HANA?
Cost Center Accounting
Product Cost Accounting
Profit Center Accounting
General Ledger Accounting
Profit Center Accounting
Where can you adjust the automatic account assignment? 2 antwoorden
Primary and secondary costs are captured in general ledger accounts.
All primary and secondary costs are captured by creating them as cost elements.
Only primary costs are captured in general ledger accounts.
Secondary costs are captured as secondary cost elements, and NOT as general ledger accounts.
Primary and secondary costs are captured in general ledger accounts.
All primary and secondary costs are captured by creating them as cost elements.
At which level do you define the valuation method for results analysis?
Controlling area
Company code
Operating concern
Sales organization
Controlling area
You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA?
Reporting analytical data is always done in a business warehouse system.
Reporting on data in real time is difficult, and complex to design.
Reporting on data is available in real-time at every level of detail.
Reporting can be either broad and deep for analysis, or speedy and simple, but not both.
Reporting on data is available in real-time at every level of detail.
Which management accounting currencies can you use for evaluation when you use cross-company-code cost accounting? 3 antwoorden
Company code currency
Controlling area currency
Reference currency
Object currency
Transaction currency
Company code currency
Controlling area currency
Transaction currency
How does SAP S/4HANA select line-item-based data for costing-based Profitability Analysis reports?
It selects actual data from table ACDOCA and plan data from table ACDOCP.
It selects actual data from table CE1XXXX and plan data from table CE2XXXX.
It selects actual data from table ACDOCA and plan data from table COSP.
It selects actual data from table CE2XXXX and plan data from table CE3XXXX.
It selects actual data from table CE1XXXX and plan data from table CE2XXXX.
You want to use a template for activity and process assignment to your material cost estimate. What do you need to do?
Assign a template directly to costing view 1 of the material master record
Use the costing sheet of the costing view 1 in the template determination table
Assign a template to an operation in the routing of the material
Use the template allocation function in the material cost estimate and the costing run
Use the template allocation function in the material cost estimate and the costing run
Your customer defined one distribution cycle in SAP S/4HANA. You need to define a new distribution cycle. How can you ensure the new cycle is executed only after the existing one is completed?
Assign each cycle to a different cycle run group
Select iteration in the cycle header of the new cycle
Assign both cycles to the same cycle run group
Select iteration in the cycle header of both cycles
Assign both cycles to the same cycle run group
Why would you use manual cost allocation in Controlling? 2 antwoorden
To run simple allocations of plan data
To allocate costs using an allocation cycle
To run simple allocations of actual data
To correct secondary postings
To run simple allocations of actual data
To correct secondary postings
Which configuration is possible when you assign multiple company codes to a controlling area in SAP S/4HANA?
The company code fiscal year variant may differ from the controlling area fiscal year variant In the number of special periods
The company code fiscal year variant may differ from the controlling area fiscal year variant in the number of periods and number of especial periods
The company code currency may differ from the controlling area currency
The company code operational chart of accounts may differ from the controlling area operational chart of accounts
The company code currency may differ from the controlling area currency
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? 2 antwoorden
It can be defined for postings on general ledger accounts of primary costs type.
It can be defined for postings on general ledger accounts of secondary costs type.
It can be overwritten in the application.
It takes precedence over validation and substitution.
It can be overwritten in the application.
It can be defined for postings on general ledger accounts of primary costs type.
What action do you perform to use the Cost-Based Percentage of Completion (POC) method?
Running the results analysis
Costing of an order
Billing of a sales order during production
Setting to profitability analysis
Running the results analysis
What are the benefits of using valuated sales order stock compared to non-valuated sales order stock? 2 antwoorden
Production cost calculation
Production order settlement to sales order
Simplified inventory value determination
Combined quantity and value flow analysis
Simplified inventory value determination
Combined quantity and value flow analysis
Which controls can you set when you determine a characteristic derivation? 3 antwoorden
Conditions for execution
Display authority
Overwriting authority
System response when unsuccessful
Valuation calculation
Conditions for execution
Overwriting authority
System response when unsuccessful
You use a production order with Product Cost by Period and you entered a results analysis key and variance key. How does the system calculate variances in Product Cost by Period?
Variances = Target costs - Delivery value
Variances = Actual costs - Delivery value - WIP
Variances = Target costs - Delivery value - WIP
Variances = Actual costs - Delivery value
Variances = Actual costs - Delivery value - WIP
Which object do you have to assign the cost component structure to?
Valuation variant
Costing variant
Material master record
Costing type
Costing variant
You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this? 2 antwoorden
By assigning a cost center to the work center in the operation
By marking the cost indicator in the control key assigned to the operation
By defining a usage key in the header of the routing
By marking the Relevance to Costing indicator in the operation
By marking the cost indicator in the control key assigned to the operation
By marking the Relevance to Costing indicator in the operation
How do you maintain number intervals/ranges in Controlling?
By posting key
By document type
By business transactions
By company code
By business transactions
When you configure period-end closing, which accrual calculations methods can you use? 2 antwoorden
Target equals actual
Template
Statistical key figure
Percentage
Target equals actual
Percentage
You configured an overhead costing sheet that uses the quantity-based overhead approach to calculate the overhead amount. What is required for the amount to be calculated?
Statistically figures with values for the period
Activity types with actual or plan quantities maintained
Cost accounts with the option to record quantity
Settlement rules with valid receiver objects
Cost accounts with the option to record quantity
Which object can you configure t offset overhead surcharges for a cost object? 3 antwoorden
Profitability segment
Internal order
Business process
Cost center
Profit center
Internal order
Business process
Cost center
You want to use a template to consider overhead during product costing. How do you assign the template to your material?
Using a special procurement type and an overhead group
Using an overhead group and an overhead key
Using a profit center and an overhead key
Using an origin group and an overhead group
Using an origin group and an overhead group
What are some of the characteristics of planning for internal orders? 2 antwoorden
You can define tolerance limits for plan overspend.
Availability control can check against plan values.
You can plan multiple versions.
You can enter costs and revenues.
You can plan multiple versions.
You can enter costs and revenues.
What do you use to map the primary cost component split to the production cost component structure?
Cost Component groups
Transfer structure
Assignment scheme
Allocation structure
Transfer structure
You enter the actual activity quality for work and vacation in the cross-application time sheet.
Which options can you choose in the master data of the activity type to ensure the quantities and values are posted in Management Accounting? 2 antwoorden
Manual entry, manual allocation
Manual entry, no allocation
Manual entry, indirect allocation
Indirect determination, indirect allocation
Manual entry, manual allocation
Manual entry, no allocation
What are some of the characteristics of SAP Core Data Services (CDS) views? 3 antwoorden
CDS views have no latency.
CDS views duplicate data for reporting efficiencies.
CDS views support authorizations.
CDS views are considered system modifications.
CDS views have ready-to-use content.
CDS views have no latency.
CDS views support authorizations.
CDS views have ready-to-use content.
You are configuring internal order settlement. Where do you define which cost elements should be settled, using either the original or settlement cost elements?
Template
Settlement profile
Allocation structure
Settlement rule
Allocation structure
Which objects can statistical key figures be applied to? 2 antwoorden
Cost centers
Profit centers
Functional areas
General ledger accounts
Profit centers
Cost centers
Which statement best describes the Query Browser for reporting?
It is a design studio app that comes as standard SAP Fiori content.
It is a strategic analytical tool in SAP S/4HANA.
It is available as an additional license product in SAP S/4HANA.
It is a desktop browser that integrates with SAP S/4HANA.
It is a strategic analytical tool in SAP S/4HANA.
You want to configure different cost centers in your company. Which setting in the cost center master data will you use to assign the same attributes to similar cost centers?
Activity type
Cost center type
Functional area
Cost center category
Cost center category
In the Product Cost by Order component, what does the system calculate depending on the order status?
Both WIP and variances or only variances
WIP at planned costs or variances
WIP at target costs or variances
WIP at actual costs or variances
WIP at actual costs or variances
Which object controls the tiles a business user can assign to their SAP Fiori launchpad?
Tile catalog
Tile group
App finder
App library
Tile catalog
What is the default option for planning profit center values in SAP S/4HANA?
Profitability analysis planning
Business planning and consolidation
Financial accounting planning
Management accounting planning
Business planning and consolidation
During posting, from which object does the system first derive the profit center if the profit center is NOT directly assigned to a network activity?
Dummy profit center
Network header
WBS element
Project definition
WBS element
You want to define requirement levels for users for the authorization check in Profitability Analysis reporting. Which requirement level would you set to enable user access to all the interactive drilldown functions?
3 - ALL
1 - Level 1
0 - ALL
2 - Level
0 - ALL
You want to understand why costs are collected on sales order item level. What do you need to check in the configuration? 3 antwoorden
Costing type
Requirements class
Valuation variant
Account assignment category
Requirement type
Requirements class
Account assignment category
Requirement type
Which key performance indicators (KPIs) does profit center accounting help you report? 2 antwoorden
Profit contribution of a department
Impact on sales of a marketing activity
Return on capital expenditure investment
Contribution of new customers to gross revenue
Profit contribution of a department
Return on capital expenditure investment
You enter the actual activity quality for work and vacation in the cross-application time sheet. 2 antwoorden
Which options can you choose in the master data of the activity type to ensure the quantities and values are posted in Management Accounting?
Indirect determination, indirect allocation
Manual entry, indirect allocation
Manual entry, no allocation
Manual entry, manual allocation
Manual entry, no allocation
Manual entry, manual allocation
Which of the following statements best describe Product Cost by Period? 2 antwoorden
It is used when the focus of controlling is on a stable and continuous production process.
It is used in conjunction with a product cost collector.
It is used to analyze work in process based on actual costs.
It is used for joint production with process orders.
It is used when the focus of controlling is on a stable and continuous production process.
It is used in conjunction with a product cost collector.
Which are levels of internal order planning? 2 antwoorden
Group costing
Integrated planning
Primary and secondary cost and revenue planning
Overall planning
Integrated planning
Overall planning
What are some of the characteristics of internal order planning? 2 antwoorden
Availability control is checked.
Multiple versions are allowed.
Costs are entered.
Tolerance limits are defined.
Multiple versions are allowed.
Costs are entered.
Which views can you use to analyze the costing results within the costing run tool? 3 antwoorden
Variance report
Analysis report
Costing levels report
Work in progress report
Material list report
Analysis report
Costing levels report
Material list report
What are some of the objectives of Profitability Analysis? 2 antwoorden
Allow the company to determine standard costs and revenues according to the period accounting method.
Allow the company to determine if the sales force achieved their contribution margin goals.
Provide the company with a detailed view of its financial statements by responsibility units.
Provide the company with information on the performance of its market segments.
Allow the company to determine if the sales force achieved their contribution margin goals.
Provide the company with information on the performance of its market segments.
How do you maintain number intervals/ranges in Controlling?
By company code
By business transactions
By document type
By posting key
By business transactions
What is the default option for planning profit center values in SAP S/4HANA?
Profitability analysis planning
Financial accounting planning
Business planning and consolidation
Management accounting planning
Business planning and consolidation
Which process can you use to credit internal orders during period-end closing?
Assessment
Indirect activity allocation
Periodic reposting
Distribution
Periodic reposting
Which object do you have to assign the cost component structure to?
Costing variant
Material master record
Valuation variant
Costing type
Costing variant
Which cost objects can only be controlled by period? 2 antwoorden
Production order
Product cost collector
Cost object hierarchy
Process order
Product cost collector
Cost object hierarchy
What can you use to difference two or more cost estimates for the same material? 2 antwoorden
Costing version
Costing variant
Transfer control
Valuation variant
Costing version
Costing variant
What can you analyze in detail when you transfer the cost component split from product cost planning to costing-based CO-PA?
Cost of goods sold
Variance categories
Cost of goods manufactured
Sales revenues
Cost of goods sold
You want to set up integrated planning for your internal orders. What do you need to do? 2 antwoorden
Set the relevant indicator in the planning profile of the order type.
Set the relevant indicator in the internal order master record.
Set the relevant indicators in the CO version.
Set the relevant indicator in the controlling area.
Set the relevant indicator in the internal order master record.
Set the relevant indicators in the CO version.
Which object can you select for reporting in costing-based Profitability Analysis, and NOT in account-based Profitability Analysis?
Record type
Period/year
Company code
Cost element
Record type
On which organizational level do you maintain profit center accounting in SAP S/4HANA?
Controlling area
Company code
Financial statement version
Operating concern
Controlling area
In an SAP S/4HANA system, you have two profit centers with the same profit center code and the same validity period, but different names.
What does this indicate about the configuration of the profit centers?
They are assigned to different segments
They are defined in separate controlling areas
They are assigned to different functional areas
They are defined in separate company codes
They are defined in separate controlling areas
You use a production order with Product Cost by Period and you entered a results analysis key and variance key. How does the system calculate variances in Product Cost by Period?
Variances = Actual costs - Delivery value
Variances = Target costs - Delivery value - WIP
Variances = Target costs - Delivery value
Variances = Actual costs - Delivery value - WIP
Variances = Actual costs - Delivery value - WIP
When you configure period-end closing, which accrual calculations methods can you use? 2 antwoorden
Statistical key figure
Percentage
Template
Target equals actual
Percentage
Target equals actual
You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this? 2 antwoorden
By marking the Relevance to Costing indicator in the operation
By marking the cost indicator in the control key assigned to the operation
By defining a usage key in the header of the routing
By assigning a cost center to the work center in the operation
By marking the Relevance to Costing indicator in the operation
By marking the cost indicator in the control key assigned to the operation
Which parameters are controlled by the costing type in a costing variant? 2 antwoorden
Costing sheet
Price for materials
Price updates
Save with date key
Price updates
Save with date key
Which attributes can you configure in the activity type master record? 3 antwoorden
Activity type category
Company code
Valid cost center categories
Price indicator
CO version
Activity type category
Valid cost center categories
Price indicator
Which statement best describes a cost center standard hierarchy?
It is grouped together with alternative hierarchies to represent decision control and responsibility units.
It enables you to assign the same attributes to similar cost centers within a controlling area.
It represents an organizational unit in SAP S/4HANA where the costs and revenues are incurred and reported.
It is a structure to which all the cost centers within a controlling area are assigned.
It is a structure to which all the cost centers within a controlling area are assigned.
You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirements must be fulfilled? 2 antwoorden
Costing-based Profitability Analysis must be active.
Account-based Profitability Analysis must be active.
The type of the corresponding general ledger account must be primary cost/revenue or secondary cost.
The type of the corresponding general ledger account must be balance sheet.
Costing-based Profitability Analysis must be active.
The type of the corresponding general ledger account must be primary cost/revenue or secondary cost.
You want to create alternative plan versions for your controlling area, in addition to version 000. What would you use additional CO versions for? 2 antwoorden
To store different budget data
To store actual-plan variance
To store different plan data
To store parallel valuation
To store actual-plan variance
To store parallel valuation
You want to enable WIP calculation in Product Cost by Period. What do you need to configure?
Profitability Analysis (PA) transfer structure
Valuation variant
Variance variant
Settlement profile
Valuation variant
Which Customizing for Document Splitting settings do you maintain to ensure that financial statements can always be produced separately for each profit center?
Standard account assignment
Inheritance
Dummy profit center
Zero-balance
Standard account assignment
You want to settle primary cost elements and secondary cost elements to different receivers. What do you use?
Overhead structure
Source structure
PA transfer structure
Allocation structure
Source structure
Which configuration is possible when you assign multiple company codes to a controlling area in SAP S/4HANA?
The company code currency may differ from the controlling area currency
The company code operational chart of accounts may differ from the controlling area operational chart of accounts
The company code fiscal year variant may differ from the controlling area fiscal year variant In the number of special periods
The company code fiscal year variant may differ from the controlling area fiscal year variant in the number of periods and number of especial periods
The company code currency may differ from the controlling area currency
What can you configure in the settlement profile? 2 antwoorden
Define document management parameters.
Define a number range for settlement documents.
Determine whether settlement is required.
Determine an overhead key.
Define document management parameters.
Determine whether settlement is required.
Which cost estimates must you reuse with the transfer control functionality?
Cost estimates within the same plant
Cost estimates across company codes
Cost estimates with same cost component structure
Cost estimates with quantity structure
Cost estimates with same cost component structure
At what level do you create the structure of the operating concern?
Client level
Sales organization level
Company code level
Controlling area level
Client level
For which revenue-carrying cost objects does the system perform results analysis? 3 antwoorden
Customer service orders
Cost center
Internal order
Work breakdown structure
Business processes
Customer service orders
Internal order
Work breakdown structure
What values flow from Sales and Distribution billing to costing-based Profitability Analysis? 2 antwoorden
Revenue
Sales deductions
Maintenance overhead costs
Accrued production overhead
Revenue
Sales deductions
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? 2 antwoorden
It takes precedence over validation and substitution.
It can be defined for postings on general ledger accounts of secondary costs type.
It can be overwritten in the application.
It can be defined for postings on general ledger accounts of primary costs type
It can be overwritten in the application.
It can be defined for postings on general ledger accounts of primary costs type.
Which of the following statements best describe Product Cost by Order? 2 antwoorden
It is used when full cost traceability is needed.
It is used when you perform repetitive manufacturing.
It is used when controlling by individual production lots or discrete quantities is needed.
It is recommended for products with a long production time.
It is used when full cost traceability is needed.
It is used when controlling by individual production lots or discrete quantities is needed.
How can you configure the transfer price solution in SAP S/4HANA? 2 antwoorden
Use separate accounts for each valuation.
Use separate currency types within the same ledger for each valuation.
Use separate ledgers for each valuation.
Use separate segments for each valuation.
Use separate accounts for each valuation.
Use separate ledgers for each valuation.
You use a ledger, an additional standard ledger and an extension ledger. You post a general journal entry without indicating a ledger group.
For which ledger(s) are separate line items posted in the universal journal?
The leading and extension ledgers
The standard ledgers
The leading ledger only
All ledgers
The leading and extension ledgers
You have implemented Product Cost by Sales Order in conjunction with revenue-based results analysis in your organization. For a particular sales order item, you have the following:
- Plan revenue = 3000
- Plan costs = 2000
- Actual revenue = 1200
- Actual costs = 1000
What data does the system calculate during results analysis?
Revenue = 1200; Cost of sales = 1000; Reserve = 200
Revenue = 1200; Cost of sales = 800; WIP = 200
Revenue = 1200; Cost of sales = 800; Reserve = 200
Revenue = 1200; Cost of sales = 1000; WIP = 200
Revenue = 1200; Cost of sales = 800; WIP = 200
You want to understand why costs are collected on sales order item level. What do you need to check in the configuration? 3 antwoorden
Costing type
Account assignment category
Valuation variant
Requirement type
Requirements class
Account assignment category
Requirement type
Requirements class
Your customer uses account-based CO-PA. Which sales documents create an account-based CO-PA line item for each standard ledger in the universal journal table in SAP S/4HANA 1809? 2 antwoorden
Goods receipt
Billing
Goods issue
Sales order
Billing
Goods issue
To which object do you assign a costing sheet?
Valuation variant
Costing variant
Cost component structure
Transfer control
Valuation variant
You want to enable WIP calculation in Product Cost by Period. What do you need to configure?
Variance variant
Settlement profile
Profitability Analysis (PA) transfer structure
Valuation variant
Valuation variant
You are creating new activity type and want to maintain plan prices for a cost center. Which attribute must you configure in the activity type master record? 3 antwoorden
Activity type category
Company code
CO Version
Valid cost center categories
Price indicator
Activity type category
Valid cost center categories
Price indicator
What are some of the unique attributes of an assessment cycle in Controlling? 2 antwoorden
They use a secondary cost element during transfer.
They use the original cost element during transfer.
They transfer primary and secondary costs.
They transfer only primary costs.
They use a secondary cost element during transfer.
They transfer primary and secondary costs.
Which process can you use to credit internal orders during period-end closing?
Periodic reposting
Assessment
Indirect activity allocation
Distribution
Periodic reposting
Which settings can you configure per order type for the budget and availability control? 2 antwoorden
Budget data entry layout
Budget tolerance limits
Budgeting on cost element level
Design budget manager
Budget tolerance limits
Budgeting on cost element level
Which order status is relevant for creating work in process (WIP) calculations when you use Product Cost by Order (PCO)?
Delivered
Partially released
Technically completed
Created
Partially released
When you create a planning layout, which objects can you use to define the data columns? 3 antwoorden
Characteristics
Distribution key
Value fields
Summarization level
Formulas
Characteristics
Value fields
Formulas
For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA?
Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
Parallel accounting is needed in order to be compliant with different accounting principles.
Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
Which processes belong to the “final costing” of cost objects? 2 antwoorden
Variance calculation
Work in process
Overhead surcharge
Revaluation at actual costs
Variance calculation
Work in process
You use a ledger, an additional standard ledger and an extension ledger. You post a general journal entry without indicating a ledger group.
For which ledger(s) are separate line items posted in the universal journal?
All ledger
The leading ledger only
The standard ledgers
The leading and extension ledgers
The leading and extension ledgers
Which of the following steps are part of the procedure to update the standard price of the material? 2 antwoorden
Mark the cost estimate.
Split the costs.
Archive the cost estimates.
Release the cost estimate.
Mark the cost estimate.
Release the cost estimate.
You have implemented Product Cost by Sales Order in conjunction with revenue-based results analysis in your organization. For a particular sales order item, you have the following:
- Plan revenue = 3000
- Plan costs = 2000
- Actual revenue = 1200
- Actual costs = 1000
What data does the system calculate during results analysis?
Revenue = 1200; Cost of sales = 800; WIP = 200
Revenue = 1200; Cost of sales = 1000; Reserve = 200
Revenue = 1200; Cost of sales = 800; Reserve = 200
Revenue = 1200; Cost of sales = 1000; WIP = 200
Revenue = 1200; Cost of sales = 800; WIP = 200
You enter the actual activity quality for work and vacation in the cross-application time sheet.
Which options can you choose in the master data of the activity type to ensure the quantities and values are posted in Management Accounting? 2 antwoorden
Indirect determination, indirect allocation
Manual entry, no allocation
Manual entry, indirect allocation
Manual entry, manual allocation
Manual entry, no allocation
Manual entry, manual allocation
Which are levels of internal order planning? 2 antwoorden
Integrated planning
Overall planning
Group costing
Primary and secondary cost and revenue planning
Integrated planning
Overall planning
What can you specify when you create an activity type? 3 antwoorden
The primary costs G/L account for internal activity allocation
The secondary costs G/L account for internal activity allocation
The valid sending cost center types
The activity type category for allocation
The valid receiving cost center types
The secondary costs G/L account for internal activity allocation
The valid sending cost center types
The activity type category for allocation
You are considering using commitment management with internal orders. What do you need to do in the configuration?
Activate commitment management only in the controlling area.
Activate commitment management only in the order type.
Activate commitment management in both the company code and the order type.
Activate commitment management in both the controlling area and the order type.
Activate commitment management in both the controlling area and the order type.
You post a billing document in Sales and Distribution (SD). What data flows to Profit Center Accounting? 3 antwoorden
Accruals
Payment discount
Order quantity
Revenues
Sales deductions
Revenues
Accruals
Sales deductions
Which views can you use to analyze the costing results within the costing run tool? 3 antwoorden
Costing levels report
Analysis report
Material list report
Variance report
Work in progress report
Costing levels report
Analysis report
Material list report
You need to assign a company code to a controlling area. Which settings must be identical for both organizational objects? 2 antwoorden
Fiscal year variant
Currency
Operational Chart of accounts
Operational Posting period
Fiscal year variant
Operational Chart of accounts
Which object do you have to assign the cost component structure to?
Costing type
Material master record
Valuation variant
Costing variant
Costing variant
Which objects are predefined characteristics in SAP S/4HANA? 3 antwoorden
Region
Controlling area
Company code
Plant
Product category
Controlling area
Company code
Plant
To which objects do you settle values of the results analysis? 2 antwoorden
Segment
Profitability segment
Cost center
Profit center
Profitability segment
Profit center
A profit center standard hierarchy contains all profit centers that are assigned to which organizational unit?
Client
Plant
Operating concern
Controlling area
Controlling area
Which activities can you perform while you create cost center hierarchies? 2 antwoorden
Append nodes and cost centers to a node of the standard hierarchy.
Reassign a cost center to another node of the standard hierarchy.
Assign a standard hierarchy to several controlling areas.
Create a cost center without specifying a standard hierarchy.
Append nodes and cost centers to a node of the standard hierarchy.
Reassign a cost center to another node of the standard hierarchy.
When do you select the percentage method for accrual calculation? 2 antwoorden
When you accrue activity-independent costs and an appropriate cost element for defining overhead rates is available
When you accrue activity-independent costs and an appropriate cost element is NOT available
When you accrue-dependent costs and an appropriate cost element for defining overhead rates is available
When you accrue activity-dependent costs and an appropriate cost element in NOT available
When you accrue activity-independent costs and an appropriate cost element for defining overhead rates is available
When you accrue-dependent costs and an appropriate cost element for defining overhead rates is available
On which organizational level do you maintain profit center accounting in SAP S/4HANA?
Operating concern
Financial statement version
Controlling area
Company code
Controlling area
What is required before you can create a multi-level material cost estimate without quantity structure?
Material master with accounting view and with MRP views
Specific costing variants for material costings without quantity structure
Specific valuation variants for material costings without quantity structure
Material master with costing view
Material master with costing view
What is the difference when you perform repost line items (TA: KB61) compared to manual reposting of costs (KB11n) for a cost center? 2 antwoorden
There is the option to assign the line item to several receiver objects
The report of the line item is updated in the original FI document
The line item values are validated against the original document
The line item needs a reference to an FI document
There is the option to assign the line item to several receiver objects
The report of the line item is updated in the original FI document
You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?
Distribution
Periodic reposting
Indirect activity allocation
Assessment
Assessment
How do you maintain number intervals/ranges in Controlling?
By business transactions
By document type
By posting key
By company code
By business transactions
Why would you use manual cost allocation in Controlling? 2 antwoorden
To run simple allocations of actual data
To allocate costs using an allocation cycle
To run simple allocations of plan data
To correct secondary postings
To run simple allocations of actual data
To correct secondary postings
Which of the following values can be calculated using results analysis? 3 antwoorden
Cost of goods manufactured
Cost of sales
Work in progress
Reserves for unrealized costs
Gross margin
Cost of sales
Work in progress
Reserves for unrealized costs
What parameters can you set up when defining order types? 2 antwoorden
Define document type.
Allow revenue postings.
Define default parameters for master record fields.
Set up work lists.
Allow revenue postings.
Define default parameters for master record fields.
Which customizing activity do you perform in overhead cost controlling?
Define cost center categories
Maintain costing variant parameters
Create value fields
Define company centers categories
Define cost center categories
In an SAP S/4HANA system, you have two profit centers with the same profit center code and the same validity period, but different names.
What does this indicate about the configuration of the profit centers?
They are defined in separate company codes
They are assigned to different segments
They are assigned to different functional areas
They are defined in separate controlling areas
They are defined in separate controlling areas
What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item? 2 antwoorden
The material in the sales order item is a service.
The sales order item is a cost object.
Profitability Analysis (CO-PA) is activated.
The sales order item is assigned to a project.
The sales order item is assigned to a project.
Profitability Analysis (CO-PA) is activated.
Which default values can you configure for the product cost collector? 2 antwoorden
Variance variant
Results Analysis (RA) version
Costing variant for preliminary costing
Results Analysis (RA) key
Costing variant for preliminary costing
Results Analysis (RA) key
Which main elements do you configure for the overhead costing sheet? 3 antwoorden
Overhead rate
Credit key
Revaluation rate
Allocation structure
Calculation base
Overhead rate
Credit key
Calculation base
You want to settle primary cost elements and secondary cost elements to different receivers. What do you use?
Source structure
Overhead structure
Allocation structure
PA transfer structure
Source structure
You have implemented Product Cost by Sales Order in conjunction with cost-based POC results analysis in your organization. For a particular sales order item, you have the following:
- Plan revenue = 3000
- Plan costs = 2000
- Actual revenue = 1200
- Actual costs = 1000
What data does the system calculate during results analysis?
Revenue = 1500; Cost of sales = 1000; Revenue surplus = 300
Revenue = 1200; Cost of sales = 1000; Revenue surplus = 200
Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300
Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200
Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300
You want to set up integrated planning for your internal orders. What do you need to do? 2 antwoorden
Set the relevant indicators in the CO version.
Set the relevant indicator in the controlling area.
Set the relevant indicator in the planning profile of the order type.
Set the relevant indicator in the internal order master record.
Set the relevant indicators in the CO version.
Set the relevant indicator in the internal order master record.
What can you specify when you create an activity type? 3 antwoorden
The valid sending cost center types
The primary costs G/L account for internal activity allocation
The valid receiving cost center types
The secondary costs G/L account for internal activity allocation
The activity type category for allocation
The valid sending cost center types
The secondary costs G/L account for internal activity allocation
The activity type category for allocation
What are some of the characteristics of Profit Center Accounting in SAP S/4HANA? 2 antwoorden
It is integrated in the universal journal.
It can be used with period and/or cost of sales accounting.
It can be used in the settlement rule for internal orders.
It is possible to derive the profit center from the segment in configuration.
It is integrated in the universal journal.
It can be used with period and/or cost of sales accounting.
Which of the following objects can be selected in templates for activity-based costing? 2 antwoorden
WBS element
Cost center/activity type
Business process
Internal order
Cost center/activity type
Business process
you are running an indirect activity allocation. what do you post to the sender and receiver?
you post both quantity and cost to the sender, and cost only to the receiver.
you post only cost to both the sender and receiver.
you post both quantity and cost to the receiver, and cost only to the sender.
you post quantity and cost to both the sender and receiver.
you post quantity and cost to both the sender and receiver.
Which activity do you perform during period-end in profit center accounting?
Post activity allocation
Execute template allocation
Settle costs
Process distribution cycles
Process distribution cycles
You are configuring internal order settlement. Where do you define which cost elements should be settled, using either the original or settlement cost elements?
Settlement profile
Settlement rule
Allocation structure
Template
Allocation structure
You want to run an assessment cycle in Profitability Analysis to allocate cost center costs during period-end closing for your organization.
Which of the following objects is part of the assessment cycle?
Cycle iteration
Tracing factor
PA transfer structure
Template
Tracing factor
Which criteria do you use to specify the G/L account for the work in process (WIP) settlement? 3 antwoorden
Results analysis cost element
Results analysis method
Results analysis profit center
Results analysis version
Results analysis category
Results analysis cost element
Results analysis version
Results analysis category
You want to prevent periodic cost fluctuations. Which activity should you choose to distribute irregular expenses to the relevant periods?
Cost splitting
Accrual calculation
Variance calculation
Periodic reposting
Accrual calculation
What do you do to create a primary cost component split? 2 antwoorden
Enter split activity prices manually
Use the cost splitting tool on cost centers
Assign a cost component structure to the CO-version
Run an activity price calculation
Assign a cost component structure to the CO-version
Run an activity price calculation
You want to set up integrated planning for your internal orders. What do you need to do? 2 antwoorden
Set the relevant indicators in the CO version.
Set the relevant indicator in the controlling area.
Set the relevant indicator in the planning profile of the order type.
Set the relevant indicator in the internal order master record.
Set the relevant indicators in the CO version.
Set the relevant indicator in the internal order master record.
Which attributes can you configure in the activity type master record? 3 antwoorden
Company code
Price indicator
CO version
Valid cost center categories
Activity type category
Price indicator
Valid cost center categories
Activity type category
Which tasks can you perform on a production order in a make-to-order scenario with valuated stock? 2 antwoorden
Calculate production variances
Transfer reserves for realized costs
Settle the variances to CO-PA
Perform results analysis
Settle the variances to CO-PA
Calculate production variances
Which customizing do you use for calculating work in progress (WIP)? 3 antwoorden
Assignment table
Allocation structure table
Update table
Posting rule table
Settlement profile table
Assignment table
Update table
Posting rule table
In which SAP S/4HANA components can you report the results of the results analysis? 3 antwoorden
Inventory management
Financial accounting
Profitability analysis
Profit center accounting
Sales and distribution
Financial accounting
Profitability analysis
Profit center accounting
What are some of the characteristics of internal order planning? 2 antwoorden
Tolerance limits are defined.
Costs are entered.
Multiple versions are allowed.
Availability control is checked.
Costs are entered.
Multiple versions are allowed.
In a make-to-order scenario, you use a sales order with an assigned production order and non-valuated sales order stock.
Which process do you use to post actual costs on a sales order in SAP S/4HANA? 2 antwoorden
Production order confirmation
Delivery from production order to sales order stock
External goods receipt on sales order stock
Production order settlement
Production order confirmation
Production order settlement
What are some of the unique attributes of an assessment cycle in Controlling? 2 antwoorden
They use the original cost element during transfer.
They transfer primary and secondary costs.
They transfer only primary costs.
They use a secondary cost element during transfer.
They transfer primary and secondary costs.
They use a secondary cost element during transfer.
To which object do you assign a costing sheet?
Costing variant
Cost component structure
Valuation variant
Transfer control
Valuation variant
On which document in the sales process is the profit center initially entered?
Sales inquiry
Sales order
Service contract
Goods issue
Sales order
How can you define a dynamic group for internal orders?
Create a substitution rule for mass changes
Use wild cards in the order codes assigned to nodes
Assign a selection variant to an end node
Define an order coding mask for order types
Assign a selection variant to an end node
What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item? 2 antwoorden
The material in the sales order item is a service.
Profitability Analysis (CO-PA) is activated.
The sales order item is assigned to a project.
The sales order item is a cost object.
Profitability Analysis (CO-PA) is activated.
The sales order item is assigned to a project.
