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C_TS4FI / C_TS4CO > Prep CO 2 > Flashcards

Prep CO 2 Flashcards

1
Q

What are the benefits of using valuated sales order stock compared to non-valuated sales order stock? 2 antwoorden

Simplified inventory value determination

Combined quantity and value flow analysis

Production order settlement to sales orderS

Production cost calculation

A

Simplified inventory value determination

Combined quantity and value flow analysis

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2
Q

What does the calculation of a condition type in the costing sheet of CO-PA depend on? 2 antwoorden

Condition class

Valuation

Segment

Calculation type

A

Condition class

Calculation type

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3
Q

When you create a planning layout, which objects can you use to define the data columns? 3 antwoorden

Distribution key

Formulas

Value fields

Summarization level

Characteristics

A

Formulas

Value fields

Characteristics

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4
Q

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?

Network header

Project definition

Dummy profit center

WBS element

A

WBS element

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5
Q

Which of the following statements best describe Product Cost by Period? 2 antwoorden

It is used for joint production with process orders.

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 when the focus of controlling is on a stable and continuous production process.

A

It is used in conjunction with a product cost collector.

It is used when the focus of controlling is on a stable and continuous production process.

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6
Q

Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA?

ACDOCA

COEJ

CE1XXXX

BSEG

A

ACDOCA

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7
Q

When trying to assign a profit center to a new cost center, you receive an error. What can cause this error?

The profit center has already been assigned to a different cost center

The validity period of the cost center is shorter than that of the profit center

The validity period of the profit center is shorter than that of the cost center

The lock indicator is activated in the profit center master record

A

The validity period of the profit center is shorter than that of the cost center

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8
Q

Which criteria do you use to specify the G/L account for the work in process (WIP) settlement? 3 antwoorden

Results analysis method

Results analysis cost element

Results analysis category

Results analysis profit center

Results analysis version

A

Results analysis cost element

Results analysis category

Results analysis version

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9
Q

Which process determines the target costs of the cost object in a product cost by order scenario?

Accrual calculation

Work in progress (WIP) calculation

Actual costs calculation

Variance calculation

A

Variance calculation

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10
Q

For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA?

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 costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.

A

Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation.

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11
Q

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

A

Cost center/activity type

Business process

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12
Q

What tasks are performed by the system during activity allocation? 2 antwoorden

The cost element is derived from the master data for the activity type

The allocation amount is calculated based on the quantity and price of the activity

The sender cost object is debited and the receiver cost object is credited

A primary costs G/L account is used for debiting and crediting

A

The cost element is derived from the master data for the activity type

The allocation amount is calculated based on the quantity and price of the activity

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13
Q

When do you use an assessment instead of a distribution? 2 antwoorden

When you want to consolidate allocated expenses

When you need the option to reverse the cycle as often as required

When you need to transfer secondary costs

When you want to view the original cost elements on the receiver

A

When you want to consolidate allocated expenses

When you need to transfer secondary costs

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14
Q

To which object do you assign a costing sheet?

Valuation variant

Costing variant

Cost component structure

Transfer control

A

Valuation variant

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15
Q

In a standard system delivery, how many characteristics can be added to an operating concern?

101-150

71-100

Over 150

0-70

A

0-70

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16
Q

What can you define for a user status in the status profile?

The business user IDs authorized to change the user status

The versions for which you can enter plan data

The order types for which a user status is valid

The assigned user status after a business transaction is executed

A

The assigned user status after a business transaction is executed

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17
Q

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?

Costing version

Transfer control

Costing type

Reference variant

A

Reference variant

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18
Q

Which of the following controls can you set when you determine a characteristic derivation? 3 antwoorden

Valuation calculation

Display authority

Overwriting authority

System response when unsuccessful

Conditions for execution

A

Overwriting authority

Conditions for execution

System response when unsuccessful

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19
Q

What are some of the characteristics of internal order planning? 2 antwoorden

Tolerance limits are defined.

Availability control is checked.

Multiple versions are allowed.

Costs are entered.

A

Multiple versions are allowed.

Costs are entered.

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20
Q

How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?

By defining the characteristic value as a value field

By defining the characteristic value in the field catalog

By defining the characteristic value as a key figure

By defining the characteristic value in the check table

A

By defining the characteristic value in the check table

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21
Q

At which level do you define the valuation method for results analysis?

Controlling area

Company code

Sales organization

Operating concern

A

Controlling area

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22
Q

Which views can you use to analyze the costing results within the costing run tool? 3 antwoorden

Analysis report

Material list report

Costing levels report

Variance report

Work in progress report

A

Analysis report

Material list report

Costing levels report

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23
Q

Which statement best describes a cost center standard hierarchy?

It is grouped together with alternative hierarchies to represent decision control and responsibility units.

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 enables you to assign the same attributes to similar cost centers within a controlling area.

A

It is a structure to which all the cost centers within a controlling area are assigned.

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24
Q

What master data objects can you set up using time-based fields? 2 antwoorden

Standard hierarchies

Activity types

Cost centers

Statistical key figures

A

Cost centers

Activity types

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25
Q

Which of the following statements are applicable to SAP S/4HANA embedded analytics? 2 antwoorden

It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.

It is part of the core SAP S/4HANA license and uses the same technical stack and user interface.

It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analytics Tools for reporting.

It is part of SAP S/4HANA Strategic Analytics tools stack that uses virtual data models for reporting.

A

It is part of the core SAP S/4HANA license and uses the same technical stack and user interface.

It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.

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26
Q

It uses core data services (CDS) views to create virtual data models (VDMs) for reporting. 3 antwoorden

Costing version

Production version

Transfer control

Valuation variant

Costing variant

A

Costing version

Transfer control

Costing variant

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27
Q

You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? 3 antwoorden

To set the initial status as Created or Released

To activate the CO partner update

To define users for the order

To permit or forbid specific transactions

To define the user status

A

To set the initial status as Created or Released

To permit or forbid specific transactions

To define the user status

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28
Q

Which objects do you use when you assign costs and revenue to the value fields in costing-based CO-PA?

Overhead group

Allocation structure

Transfer structure

Allocation template

A

Transfer structure

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29
Q

When do you select the percentage method for accrual calculation? 2 antwoorden

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

A

When you accrue-dependent costs and an appropriate cost element for defining overhead rates is available

When you accrue activity-independent costs and an appropriate cost element for defining overhead rates is available

30
Q

You need to analyze different planning scenarios for cost centers. With which object do you differentiate the planning scenarios?

CO version

Operating concern

Company code

Cost center group

A

CO version

31
Q

You are setting up a direct internal activity allocation in SAP S/4HANA. What are valid receivers for the activity? 3 antwoorden

Network

General ledger account

Statistical overhead order

Sales order item

Cost center

A

Network

Sales order item

Cost center

32
Q

You want to create cost centers for your company. What is the prerequisite to building an organizational structure for overhead cost controlling?

Standard hierarchy top node

Cost center categories

Cost center types

Functional area

A

Standard hierarchy top node

33
Q

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 plan data

To store different budget data

To store actual-plan variance

To store parallel valuation

A

To store actual-plan variance

To store parallel valuation

34
Q

What do you need to define in order to report variable costs that refer to the cost component split in account-based CO-PA? 2 antwoorden

A cost splitting profile

A variable cost field in ACDOCA

A price difference profile

A calculation formula

A

A cost splitting profile

A variable cost field in ACDOCA

35
Q

You want to settle primary cost elements and secondary cost elements to different receivers. What do you use?

PA transfer structure

Source structure

Allocation structure

Overhead structure

A

Source structure

36
Q

How do you define the relationship between an operating concern and a controlling area?

Many-to-one (N:1)

One-to-many (1:N)

One-to-one (1:1)

Many-to-many (N:N)

A

One-to-many (1:N)

37
Q

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

The line item values are validated against the original document

The line item needs a reference to an FI document

The report of the line item is updated in the original FI document

There is the option to assign the line item to several receiver objects

A

The report of the line item is updated in the original FI document

There is the option to assign the line item to several receiver objects

38
Q

Which objects can you plan in cost center accounting? 3 antwoorden

Non-operating expense accounts

Balance sheet accounts

Secondary cost accounts

Activity prices

Statistical key figures

A

Non-operating expense accounts

Secondary cost accounts

Statistical key figures

39
Q

Which of the following are typical activities of the sales planning phase in SAP S/4HANA? 2 antwoorden

Top-down distribution

Manual entry of data

Bottom-up distribution

Transfer of GL account data

A

Manual entry of data

Transfer of GL account data

40
Q

What do you do to create a primary cost component split? 2 antwoorden

Assign a cost component structure to the CO-version

Run an activity price calculation

Use the cost splitting tool on cost centers

Enter split activity prices manuall

A

Assign a cost component structure to the CO-version

Run an activity price calculation

41
Q

What do you use to map the primary cost component split to the production cost component structure?

Assignment scheme

Cost Component groups

Transfer structure

Allocation structure

A

Transfer structure

42
Q

How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?

By defining the characteristic value as a value field

By defining the characteristic value as a key figure

By defining the characteristic value in the check table

By defining the characteristic value in the field catalog

A

By defining the characteristic value in the check table

43
Q

Where do you activate commitment management for internal orders? 2 antwoorden

In the company code

In the budget profile

In the order type

In the controlling area

A

In the controlling area

In the order type

44
Q

Which object do you configure to reuse material cost estimate for the costing process?

Transfer control

Valuation variant

Group costing

Quantity structure control

A

Transfer control

45
Q

In your company, you tend to go through many reorganizations leading to extra master data maintenance work. Which grouping functionality can save you time maintaining profit center groups?

Copying groups with suffix

Creating multi-dimension sets

Defining flexible hierarchies

Configuring derivation rules

A

Defining flexible hierarchies

46
Q

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 in the settlement rule for internal orders.

It can be used with period and/or cost of sales accounting.

It is possible to derive the profit center from the segment in configuration.

A

It is integrated in the universal journal.

It can be used with period and/or cost of sales accounting.

47
Q

Which characteristic of an internal order does the order type control?

Controlling areas the order is assigned to

Types of costs posted to the order

Budget profile assigned to the order

Time period for which the order is valid

A

Budget profile assigned to the order

48
Q

Which of the following objects can be selected in templates for activity-based costing? 2 antwoorden

Business process

WBS element

Internal order

Cost center/activity type

A

Cost center/activity type

Business process

49
Q

What can you specify when you create an activity type? 3 antwoorden

The secondary costs G/L account for internal activity allocation

The primary costs G/L account for internal activity allocation

The valid receiving cost center types

The valid sending cost center types

The activity type category for allocation

A

The secondary costs G/L account for internal activity allocation

The valid sending cost center types

The activity type category for allocation

50
Q

What does the internal order settlement profile define? 3 antwoorden

The valid receivers

Whether commitment management is necessary

The template allocation

Whether settlement is necessary

The accounting document type

A

The valid receivers

Whether settlement is necessary

The accounting document type

51
Q

What do you get if you mark a standard price cost estimate? 2 antwoorden

An accounting document for material ledger

A cost-based CO-PA document for material revaluation

A new status in the cost estimate

A future standard price

A

A new status in the cost estimate

A future standard price

52
Q

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 category

Results analysis version

A

Results analysis cost element

Results analysis category

Results analysis version

53
Q

Where can you adjust the automatic account assignment? 2 antwoorden

Substitution (TA: GGB1)

G/L account (TA: FS00)

Cost center (TA: KS01)

Default account assignment (TA: OKB9)

A

Substitution (TA: GGB1)

Default account assignment (TA: OKB9)

54
Q

How can you configure cycles for period-end allocation? 2 antwoorden

Define allocation for the same cost center in multiple segments

Use different allocation rules within one segment

Create cycles that iterate with each other

Assign several segments to a cycle

A

Define allocation for the same cost center in multiple segments

Assign several segments to a cycle

55
Q

What do you do to create a primary cost component split? 2 anwoorden

Use the cost splitting tool on cost centers

Run an activity price calculation

Assign a cost component structure to the CO-version

Enter split activity prices manually

A

Run an activity price calculation

Assign a cost component structure to the CO-version

56
Q

For which objects can you revaluate activities and business processes at actual prices? 3 antwoorden

Profit centers

Work centers

Profitability segments

Cost centers

Work breakdown structure elements

A

Profitability segments

Cost centers

Work breakdown structure elements

57
Q

To which object do you assign a costing sheet?

Costing variant

Cost component structure

Transfer control

Valuation variant

A

Valuation variant

58
Q

What master data objects can you set up using time-based fields? 2 antwoorden

Cost centers

Activity types

Statistical key figures

Standard hierarchies

A

Cost centers

Activity types

59
Q

When do you use an assessment instead of a distribution? 2 antwoorden

When you need to transfer secondary costs

When you want to consolidate allocated expenses

When you need the option to reverse the cycle as often as required

When you want to view the original cost elements on the receiver

A

When you need to transfer secondary costs

When you want to consolidate allocated expenses

60
Q

At which level can you assign a valuation strategy in CO-PA? 2 antwoorden

Point of valuation

Sales order type

Record type

Costing key

A

Record type

Point of valuation

61
Q

Which functionalities can create primary cost component splits? 2 antwoorden

Settlement of internal orders

Business processes price calculation

Execution of the assessment cycles

Cost center/activity type price calculation

A

Settlement of internal orders

Execution of the assessment cycles

62
Q

You are posting a purchase order for a warehouse material. From which object is the profit center derived?

Plant

Business partner

Cost center

Material master

A

Material master

63
Q

Which of the following statements are applicable to SAP S/4HANA embedded analytics? 2 antwoorden

It is part of SAP S/4HANA Strategic Analytics tools stack that uses virtual data models for reporting.

It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analytics Tools for reporting.

It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.

It is part of the core SAP S/4HANA license and uses the same technical stack and user interface.

A

It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.

It is part of the core SAP S/4HANA license and uses the same technical stack and user interface.

64
Q

Which tasks can you perform on a production order in a make-to-order scenario with valuated stock? 2 antwoorden

Perform results analysis

Calculate production variances

Transfer reserves for realized costs

Settle the variances to CO-PA

A

Settle the variances to CO-PA

Calculate production variances

65
Q

Which objects do you use when you assign costs and revenue to the value fields in costing-based CO-PA?

Transfer structure

Overhead group

Allocation structure

Allocation template

A

Transfer structure

66
Q

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

Sales order

Goods issue

A

Billing

Goods issue

67
Q

Which process determines the target costs of the cost object in a product cost by order scenario?

Variance calculation

Accrual calculation

Work in progress (WIP) calculation

Actual costs calculation

A

Variance calculation

68
Q

You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? 3 antwoorden

To set the initial status as Created or Released

To activate the CO partner update

To define the user status

To permit or forbid specific transactions

To define users for the order

A

To set the initial status as Created or Released

To define the user status

To permit or forbid specific transactions

69
Q

You want to settle primary cost elements and secondary cost elements to different receivers. What do you use?

Source structure

PA transfer structure

Allocation structure

Overhead structure

A

Source structure

70
Q

In SAP S/4HANA, you have decided to activate only account-based profitability analysis for your organization. you want to settle costs and revenue of a sales order item to a profitability segment.

What do you need to configure?

Source structure

PA transfer structure

Cost component structure

allocation structure

A

PA transfer structure

C_TS4FI / C_TS4CO (14 decks)

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