Question:
What must the referenced cost estimate and the receiving cost estimate have in common?
Please choose the correct answer. The company codes The quantity structure The plant The cost component structure.
Question:
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?
There are 2 correct answers to this question. Indirect determination, indirect allocation Manual entry, manual allocation Manual entry, indirect allocation Manual entry, no allocation.
Question:
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?
Please choose the correct answer. Creating multi-dimension sets Configuring derivation rules Defining flexible hierarchies Copying groups with suffix.
Question:
What is required before you can create a multi-level material cost estimate without quantity structure?
Please choose the correct answer. Specific costing variants for material costings without quantity structure Material master with costing view Material master with accounting view and with MRP views Specific valuation variants for material costings without quantity structure.
Question:
What are the benefits of using valuated sales order stock compared to non-valuated sales order stock?
There are 2 correct answers for this question. Simplified inventory value determination Combined quantity and value flow analysis Production cost calculation Production order settlement to sales order.
Question:
At which level do you define the valuation method for results analysis?
Please choose the correct answer. Sales organization Company code Controlling area Operating concern.
Question:
Which objects do you use when you assign costs and revenue to the value fields in costing-based CO-PA?
Please choose the correct answer. Transfer structure Allocation template Overhead group Allocation structure.
Question:
Which of the following statements best describe Product Cost by Period?
There are 2 correct answers to this question. It is used in conjunction with a product cost collector. 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 to analyze work in process based on actual costs.
Question:
Which component provides insight into the effectiveness and results for areas of responsibility within the enterprise?
Please choose the correct answer. Profit center accounting Revenue accounting and reporting Profitability analysis Results analysis.
Question:
Which currency types can you use for costing-based CO-PA?
There are 2 correct answers for this question. Group currency Controlling area currency Operating concern currency Company code currency.
Question:
You want to set up budget availability control for your projects and internal orders. What can you check using budget availability control?
There are 2 correct answers to this question. The availability of funds in object currency The availability of funds according to tolerance limits The availability of funds on period level The availability of funds using overall plan value.
Question:
In the material master record there are three planned prices. What do you use them for?
Please choose the correct answer.
To valuate material stocks To valuate the materials in cost estimates To valuate goods movement To update the standard price during the release of a standard cost estimate.
Question:
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?
Please choose the correct answer. WBS element Project definition Network header Dummy profit center.
Question:
What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item?
There are 2 correct answers to this question. Profitability Analysis (CO-PA) is activated. The sales order item is assigned to a project.The sales order item is assigned to a project. The sales order item is a cost object. The material in the sales order item is a service.
Question:
What can you do with statistical internal orders?
Please choose the correct answer. Transfer posting to another internal order. Apply overhead rates to the internal order. Settle costs to a cost center. Simultaneously post to a cost center.
Question:
Where do you activate commitment management for internal orders?
There are 2 correct answers for this question. In the budget profile In the company code In the controlling area In the order type.
Question:
How can you configure the transfer price solution in SAP S/4HANA?
There are 2 correct answers to this question. 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.
Question:
When you configure period-end closing, which accrual calculations methods can you use?
There are 2 correct answers for this question. Statistical key figure Template Target equals actual Percentage.
Question:
How do you maintain number intervals/ranges in Controlling?
Please choose the correct answer. By document type By posting key By business transactions By company code.
Question:
For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA?
Please choose the correct answer. 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 costing is needed in order to calculate separate costs of goods manufactured for different accounting principles. Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
Question:
Which object do you configure to reuse material cost estimate for the costing process?
Please choose the correct answer. Quantity structure control Transfer control Group costing Valuation variant.
Question:
What are some of the characteristics of SAP Core Data Services (CDS) views?
There are 3 correct answers to this question. CDS views duplicate data for reporting efficiencies. CDS views have no latency. CDS views have ready-to-use content. CDS views are considered system modifications. CDS views support authorizations.
Question:
You want to enable WIP calculation in Product Cost by Period. What do you need to configure?
Please choose the correct answer. Profitability Analysis (PA) transfer structure Settlement profile Variance variant Valuation variant.
Question:
How can you define a dynamic group for internal orders?
Please choose the correct answer. Use wild cards in the order codes assigned to nodes Define an order coding mask for order types Assign a selection variant to an end node Create a substitution rule for mass changes.
Question:
Where can you adjust the automatic account assignment?
There are 2 correct answers for this question. Substitution (TA: GGB1) Cost center (TA: KS01) G/L account (TA: FS00) Default account assignment (TA: OKB9).
Question:
You want to use a template to consider overhead during product costing. How do you assign the template to your material?
Please choose the correct answer. Using an origin group and an overhead group Using a profit center and an overhead key Using an overhead group and an overhead key Using a special procurement type and an overhead group.
Question:
Which management accounting currencies can you use for evaluation when you use cross-company-code cost accounting?
There are 3 correct answers for this question. Transaction currency Reference currency Object currency Controlling area currency Company code currency.
Question:
When do you use an assessment instead of a distribution?
There are 2 correct answers for this question. 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.
Question:
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?
Please choose the correct answer. They are assigned to different segments They are defined in separate controlling areas They are defined in separate company codes They are assigned to different functional areas.
Question:
Which processes belong to the “final costing” of cost objects?
There are 2 correct answers to this question. Work in process Variance calculation Overhead surcharge Revaluation at actual costs.
Question:
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?
Please choose the correct answer PA transfer structure Cycle iteration Tracing factor Template.
Question:
Which object can you select for reporting in costing-based Profitability Analysis, and NOT in account-based Profitability Analysis?
Please choose the correct answer. Company code Cost element Record type Period/year.
Question:
You are setting up a direct internal activity allocation in SAP S/4HANA. What are valid receivers for the activity?
There are 3 correct answers to this question. Cost center Sales order item Statistical overhead order General ledger account Network.
Question:
You want to use a template for activity and process assignment to your material cost estimate. What do you need to do?
Please choose the correct answer. Use the template allocation function in the material cost estimate and the costing run Assign a template to an operation in the routing of the material 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.
Question:
What action do you perform to use the Cost-Based Percentage of Completion (POC) method?
Please choose the correct answer. Billing of a sales order during production Costing of an order Setting to profitability analysis Running the results analysis.
Question:
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?
There are 2 correct answers to this question. Goods issue from order Purchase requisition Outgoing payment Incoming invoice.
Question:
You are posting a purchase order for a warehouse material. From which object is the profit center derived?
Please choose the correct answer. Cost center Plant Material master Business partner.
Question:
For which objects can you revaluate activities and business processes at actual prices?
There are 3 correct answers for this question. Profit centers Work centers Work breakdown structure elements Cost centers Profitability segments.
Question:
What do you need to define in order to report variable costs that refer to the cost component split in account-based CO-PA?
There are 2 correct answers for this question. A variable cost field in ACDOCA A cost splitting profile A price difference profile A calculation formula.
Question:
You need to assign a company code to a controlling area. Which settings must be identical for both organizational objects?
There are 2 correct answers to this question. Operational Chart of accounts Currency Operational Posting period Fiscal year variant.
Question:
When do you select the percentage method for accrual calculation?
There are 2 correct answers for this question. When you accrue activity-independent costs and an appropriate cost element is NOT available When you accrue activity-independent 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-dependent costs and an appropriate cost element for defining overhead rates is available.
Question:
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?
There are 2 correct answers for this question. Production order settlement External goods receipt on sales order stock Delivery from production order to sales order stock Production order confirmation.
Question:
You want to create cost centers for your company. What is the prerequisite to building an organizational structure for overhead cost controlling?
Please choose the correct answer. Cost center types Standard hierarchy top node Functional area Cost center categories.
Question:
Which attributes can you configure in the activity type master record?
There are 3 correct answers to this question. Company code Price indicator Valid cost center categories Activity type category CO version.
Question:
How can you populate local variables in Profitability Analysis reports?
Please choose the correct answer. By user entry during report execution By user exit By Business Add-In By populating from user parameters.
Question:
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?
Please choose the correct answer. An extension ledger of type "Simulation" A multi-valuation ledger An extension ledger of type "Prediction and Commitment" A new standard G/L ledger with exclusive usage of "Prediction".
Question:
Which field can you select for both reporting in costing based and account-based Profitability Analysis?
Please choose the correct answer. Value in Controlling Area Currency Cost element Record type Version.
Question:
You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?
Please choose the correct answer. Periodic reposting Assessment Indirect activity allocation Distribution.
Question:
On which document in the sales process is the profit center initially entered?
Please choose the correct answer. Sales inquiry Goods issue Service contract Sales order.
Question:
When is the standard hierarchy of the controlling area created?
Please choose the correct answer. When the controlling area is defined When the first company code is assigned to the controlling area When the first cost center for a controlling area is created When the controlling area is assigned to the operating concern.
Question:
Which of the following steps are part of the procedure to update the standard price of the material?
There are 2 correct answers to this question. Release the cost estimate. Mark the cost estimate. Split the costs. Archive the cost estimates.
Question:
Which of the following are typical activities of the sales planning phase in SAP S/4HANA?
There are 2 correct answers for this question. Transfer of GL account data Top-down distribution Manual entry of data Bottom-up distribution.
Question:
Which statement best describes a cost center standard hierarchy?
Please choose the correct answer. 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 enables you to assign the same attributes to similar cost centers within a controlling area. It is a structure to which all the cost centers within a controlling area are assigned.
Question:
Which views can you use to analyze the costing results within the costing run tool?
There are 3 correct answers to this question. Analysis report Material list report Costing levels report Variance report Work in progress report.
Question:
Which processes split costs into their primary cost components?
There are 2 correct answers to this question. Business process price calculation Execution of the assessment cycles Cost center/activity type price calculation Settlement of internal orders.
Question:
You post a billing document in Sales and Distribution (SD). What data flows to Profit Center Accounting?
There are 3 correct answers to this question. Payment discount Accruals Order quantity Revenues Sales deductions.
Question:
You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for?
There are 3 correct answers to this question. To permit or forbid specific transactions To define the user status To set the initial status as Created or Released To activate the CO partner update To define users for the order.
Question:
Which cost estimates must you reuse with the transfer control functionality?
Please choose the correct answer. Cost estimates with same cost component structure Cost estimates across company codes Cost estimates with quantity structure Cost estimates within the same plant.
Question:
When you define assessment cycles for the period-end closing in overhead cost accounting, which object can you assign to the cycle segment?
Please choose the correct answer. Costing sheet Template Settlement rule Allocation structure.
Question:
Which main elements do you configure for the overhead costing sheet?
There are 3 correct answers for this question. Overhead rate Credit key Revaluation rate Calculation base Allocation structure.
Question:
What can you use to difference two or more cost estimates for the same material?
There are 2 correct answers for this question. Costing version Costing variant Valuation variant Transfer control.
Question:
Which receiver must be allowed in the settlement profile of a product cost collector?
Please choose the correct answer. Material Cost center Business process Order.
Question:
You want to prevent periodic cost fluctuations. Which activity should you choose to distribute irregular expenses to the relevant periods?
Please choose the correct answer. Variance calculation Accrual calculation Periodic reposting Cost splitting.
Question:
You want to understand why costs are collected on sales order item level. What do you need to check in the configuration?
There are 3 correct answers to this question. Valuation variant Requirements class Account assignment category Costing type Requirement type.
Question:
When you create a planning layout, which objects can you use to define the data columns?
There are 3 correct answers for this question. Value fields Distribution key Characteristics Formulas Summarization level.
Question:
You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this?
There are 2 correct answers to this question. By marking the Relevance to Costing indicator in 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 cost indicator in the control key assigned to the operation.
Question:
Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA?
Please choose the correct answer. Field status group Account type Account currency Account group.
Question:
Which activities can you perform while you create cost center hierarchies?
There are 2 correct answers to this question. Assign a standard hierarchy to several controlling areas. Append nodes and cost centers to a node of the standard hierarchy. Create a cost center without specifying a standard hierarchy. Reassign a cost center to another node of the standard hierarchy.
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