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ERASED TEST, YOU MAY BE INTERESTED ONTFIN20_2 (Unit 5)

COMMENTS STATISTICS RECORDS
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Title of test:
TFIN20_2 (Unit 5)

Description:
Costing Run

Author:
AVATAR

Creation Date:
24/05/2014

Category:
Others

Number of questions: 39
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Content:
The costing run is a tool used for ___________ in Product Cost Planning.
Which are the examples of using the costing run? Standard cost estimate of all the materials in one plant. Standard cost estimate of all the materials in all plants. Monthly modified standard cost estimate of all materials. Current cost estimate of all materials of a product group. Current cost estimate of a highly complex product structure.
The costing run organizes the processing steps and checks the material cost estimates generated. True False.
After a costing run and its processing steps are successfully completed, it can not be deleted. False True.
The administrative data in the costing run is also deleted, but the material cost estimates generated by a costing run remain and can be _________________, if required.
After each processing activity, you can study the activity in the __________, and, if required, repeat the activity until costing is free of errors.
What activities are involved in flexible material selection? Provide name and short text of selection list use the selection list with material selection for a costing run Execute material selection Manually add or delete materials included in the selection list Enter selection parameters for materials.
Flexible selection of materials for costing enables more precise selection of materials in support of the cost estimator’s requirements. True False.
There is a separate transaction to maintain the parameters to select materials and generate the selection list(in Flexible material selection) transaction code ____________.
The selection of materials can be restricted through the following characteristics: BOM usage Material number, plant Additional material master fields found in the accounting and costing views Criteria for existing cost estimates Referencing materials from an existing costing run.
After the initial material list is created, it is possible to manually edit the selection list (transaction CKMATCON) by _______________ from the selection list.
The selection list can be used to select materials for a costing run (transaction CK40N) by assigning the__________________.
Materials can be selected using material master fields from the accounting and costing views such as: Profit Center Cost center Valuation Class Special Procurement Type WBS element.
Materials can also be selected based on the characteristics of previous cost estimates, such as:________________________.
The selection list can be used in future costing runs, as required. True False.
A costing run is identified by its ______________________.
Create with reference: As a rule, you should execute costing runs for the same plants on a monthly, quarterly, or yearly basis. If you use this function, all the necessary data and parameters are copied. All you need to do is______________________________.
General data(Costing run) The costing variant specifies the explosion and valuation strategies. Need to enter only the company code if the costing run should be limited to one company code and cross-company costing has not been enabled in Customizing. Similarly, you need to enter only a server group if you use parallel processing.
Before you can initiate the costing run, you need to save the General Data. True False.
The processing activities are offered according to context arranged and the flow is from left to right and top to bottom execute the activities either by clicking icons (hotspots) or context menus.
Processing activities are categorized as _____________________.
The Authorization column is displayed only for ____________________.
The Background processing option enables you to specify if processing should take place ___________________________.
Statistics are generated for each activity. True False.
The Costing results area enables you to analyze the results of a processing activity.You can obtain an overview of the material selected or check the results of individual cost estimates. Three reports are available:.
Costing levels: Provides an overview of the number of materials selected and costing levels created. The lowest level contains the material components, purchased parts and raw materials. If you select specific costing levels and go to the material list, the system displays the materials of only the selected levels. None.
Material list: Contains the selected materials. You can also check the status of the cost estimate for the material. There are several navigation options, such as the context menu, double-click, and the toolbar menu, which can be used to access more cost estimate screens and reports. None.
The standard system provides several variants of this report for various analysis purposes. You can access these reports either in the costing run by choosing the menu option _______ or through the _________(outside of the costing run).
Analyzing the Costing Run Results of Costing Run Price versus Cost Estimate Variances Between Costing Runs.
For an overview of all report options, use the ___________________ option.
The Analysis option in the costing run enables only one mass report. When analysis is performed again, the old result is overwritten. True False.
The extract is interactive and can be quickly displayed. The important feature here is the interplay between selection variants display variants extracts None.
Error handling in the Costing Run Costing by costing level Cost estimates with errors only None All of the above.
If extremely large costing runs are executed, you can create a log for each ____________ to assist the analysis process.
You can not print the log at each stage of the costing run True False.
The administrative data in a costing run should never be deleted. True False.
Which parameters are required to create a costing run? Company code Costing variant Costing dates None.
List the three reports available for analyzing the results of a processing activity. Costing Levels Material List Costing by costing levels Analysis Cost estimates with errors only.
You should print the log at each stage of a large costing run. True False.
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