NKT_CO_22II

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Title of test:
NKT_CO_22II

Description:
My Test_CO_22II

Author:
Neeraj Tiwari
(Other tests from this author)

Creation Date:
10/09/2014

Category:
Computers
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Content:
The costing results in the product panning consist of the cost of goods manufactured only. Determine whether this statement is true or false. TRUE FALSE.
Which of the following are the stages in a product lifecycle ? Choose the correcct answers. A Product design and specification B Product idea C Continuous improvement D Saturation E Costing run.
At the product design and specification phae, costs can increase as refinements are made to original specifications. Determine whether this statement is true or false. TRUE FALSE.
Reference and simulition costing is typically used at the ……………………..stage of the product lifecycle. Choose the correcct answers. A Saturation B decline C Product idea D market maturity.
The purpose of Reference and Simulation Costing is to allow intial planning and cost projections for a new product for which there is no master data in the SAP ERP application. Determine whether this statement is true or false. TRUE FALSE.
Which costing method do you use to introduce an entirely new product into the market ? Choose the correct answer. A Reference and Simulation Costing B Material cost estimate with quantity structure C Material cost estimate without quantity structure.
Which of the following is necessary for the material costing without quantity structure costing method ? Choose the correcct answer. A Bill of material B Material Master C Bill of trading.
You want to introduce a modified variant of an existing product into the market. Which costing method do you use to generate the cost estimate ? Choose the correcct answer. A Reference and Simulation Costing B Material cost estimate with quantity structure C Material cost estimate without quantity structure.
Which of the following prices from the SAP ERP application are used by costing items ? Choose the correcct answers. A Activity prices from Cost Center Accounting B Material prices from material management C Valuated prices from materials management.
Which of the following data is required for activities processed internally ? Choose the correcct answer. A Resource B Work center C Unit of measure.
The modifiable item categories detail screen displays only the permitted fields that are ready for input. Determine whether this statement is true or false. TRUE FALSE.
Which of the following items is derived from the process template ? Chose the correct answer. A Internal activity B External activity C Manual process costs D Automatic process costs.
The formulas for the special item categories cannot be longer than …………………….. Chose the correct answer. A 25 Characters B 50 Characters C 100 Characters D Unlimited.
Each cost estimate that you create is based on a costing variant. Determine whether this statement is true or false. TRUE FALSE.
Which of the following are components of the costing variant ? Chose the correct answers. A Costing type B Valuation variant C Control parameters D Base object cost estimate.
Which of the following can you determine from the costing sheet ? Chose the correct answer. A Purpose of costing B Direct costs to which overhead is to be applied C Master data entries for the application of overhead.
The purpose of Reference and Simulation Costing is to allow initial planning and cost projections for a new product for which there is no master data in the SAP ERP system. Determine whether this statement is true or false. TRUE FALSE.
Which of the following assignments do you make while creating a base planning object ? Chose the correct answers. A Asset sheet valuation B Assignment to company code C Base unit of measure D Costing sheet E Cost element.
You can enter costing items in unit costing using the list screen or the detail screen. Determine whether this statement is true or false. TRUE FALSE.
When creating a base planning object through reference, text changes and assignment alterations are the only adjustments that should be made. Determine whether this statement is true or false. TRUE FALSE.
Which of the following functions do you use to insert the itemization of an existing material cost estimate in the itemization ? Chose the correct answer. A Explode Base planning Objects B Explode Material Cost Estimate C Copy Cost estimate D Create Base Planning Object: Master Data.
The explation facilities that are available are same for all objects. Determine whether this statement is true or false. TRUE FALSE.
You can only copy the base planning object as a whole into a new cost estimate. It is not possible to select only some items from the base planning object and leave out others. Determine whether this statement is true or false. TRUE FALSE.
The material cost estimate without quantity structure automatically explodes and valuates logistical structures. Determine whether this statement is true or false. TRUE FALSE.
Which of the following material master views are relevant to costing ? Chose the correct answers. A Accounting B Costing C Plant stock D MRP E Forecasting.
Standard price is always equal to the standard cost estimate. Determine whether this statement is true or false. TRUE FALSE.
Which of the following objects can you use if the domestic raw material costs are to be shown as a different cost component from the imported raw material costs ? Chose the correct answer. A Cost elements B Origin group C Valuation area D Valuation class E Overhead group.
The purpose of designing material costing without a quantity structure is: Chose the correct answers. A To cost materials without accessing routings. B To cost materials without accessing bills of material C To cost materials by accessing bills of material D To cost materials by accessing routings.
When can you use material costing without a quantity structure ? Chose the correct answers. A When costing and updating prices for new materials B When costing and updating prices for raw materials C When costing using SAP production planning data. D When costing using non-SAP production planning data.
Overheads and process costs have to be entered manually when using material costing without a quantity structure. Determine whether this statement is true or false. TRUE FALSE.
In which of the following ways can you use multilevel unit costing for product changes ? Chose the correct answer. A Make changes to the existing product. B Copy the existing cost estimate and then make changes to the copy. C Make changes to the existing cost estimate. D Make new cost estimates for the changes in the product.
If you make a copy of the material cost estimate from the work list. Any changes in the copied structure do not affect the original cost estimate. Determine whether this statement is true or false. TRUE FALSE.
You can drag and drop substructures and individual costing items from the cost estimate in the costing structure to the work list or vice versa. Determine whether this statement is true or false. TRUE FALSE.
What is the function of cost component split ? Chose the correct answer. A It groups cost elements in cost components when a multilevel structure is costed. B It provides an overview of the cost elements in cost components. C It allows you to save the cost elements in cost components. D It allows you to delete the cost elements in cost components.
When you revaluate the costing structure of a base planning object, what does the yellow status indicate. Chose the correct answer. A A warning B An error C Changes accepted D Information.
A filter once inserted cannot be deleted from the system. Determine whether this statement is true or false. TRUE FALSE.
What is the correct sequence to perform costing ? Chose the correct answer. A Finished products, followed by semi finished products, followed by raw materials and purchased parts B Raw materials and purchased parts, followed by semi finished products, followed by finished products C Raw materials and purchased parts, followed by finished products, followed by semi finished products D Finished products, followed by raw materials and purchased parts, followed by semi finished products.
A routing can contain multiple materials involved in the same production process. Determine whether this statement is true or false. TRUE FALSE.
Which of the following functions can the control key in a work center operation specify ? Chose the correct answers. A Dimension B Keyword C Capacity planning D Costing.
The parameter key specifies which of the following functions ? Chose the correct answers. A Scheduling B Dimension C Keyword D Capacity planning.
The work center describes the quantity of an activity and the location of the operations. Determine whether this statement is true or false. TRUE FALSE.
The quantity structure control ID describes a list of priorities for the bill of material and routing through ……………………………and……………………………… Chose the correct answers. A Routing selection keys B Costing variant C Quantity structure D Bill of material application.
Which parameters are used by the selection ID to determine which routing it selects first ? Chose the correct answers. A Task list type B Plan status C Task list usage D Task list plan.
The explanation facilities enable the cost planner to access the master data directly from the cost estimate screen. Determine whether this statement is true or false. TRUE FALSE.
You can create your own display variants for displaying error logs. Determine whether this statement is true or false. TRUE FALSE.
Which dates are proposed by the system from the costing variant ? Chose the correct answers. A Validity dates (from/to) of the cost estimate B Bill of material date C Valuation date D Routing date E Quantity structure date.
Which of the following prices can you use to valuate the materials in the cost estimate ? Chose the correct answer. A Tax-based prices B Planned prices 1,2 and 3 C Price control D Commercial prices.
The system uses the itemization of standard cost estimate to determine: Chose the correct answer. A Actual costs for manufacturing order B Revenue of the billed quantity C Cost component spilit of the product D Target costs for manufacturing order.
The system can detect content errors, such as incorrect prices or quantities. Determine whether this statement is true or false. TRUE FALSE.
Release converts the future standard price to the current standard price. Determine whether this statement is true or false. TRUE FALSE.
Which of the following items is not removed from the database when you delete the current standard cost estimate ? Chose the correct answer. A Standard price B Cost component spilit C Itemization D Link to material master.
The change in standard price does not affect its link to the standard cost estimate. Determine whether this statement is true or false. TRUE FALSE.
Authorization has to be granted in order to make changes to the standard price without making changes to the standard cost estimate. Determine whether this statement is true or false. TRUE FALSE.
It is possible to delete the standard cost estimate without deleting the standard price. Determine whether this statement is true or false. TRUE FALSE.
While creating a cost run, if some materials are costed with error, the costing activity is also repeated for these materials before price update is performed. Determine whether this statement is true or false. TRUE FALSE.
The costing run organizes the processing steps and checks the generated material cost estimates. Determine whether this statement is true or false. TRUE FALSE.
The selection list can be used to select materials for a cost run by assigning the …………………..to the selection step. Chose the correct answer. A Material number B Selection list C Product.
Which parameters are required to create a costing run ? Chose the correct answers. A Company code B Profit center C Costing variant D Costing dates.
The analysis option in the costing run enables only one mass report. When analysis is performed again, the old result is ……………………… Chose the correct answer. A deleted B Overwritten C duplicated D maintained as is.
Which of the following reports are available for analyzing the results of a processing activity ? Chose the correct answers. A Costing levels B General data C material overview D Analysis.
You need to print the log at each stage of a large costing run. Determine whether this statement is true or false. TRUE FALSE.
The cost estimates with errors only procedure is used when few errors are expected in the costing run. Determine whether this statement is true or false. TRUE FALSE.
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