Test sap s/4 hana 1610 preparation part ii

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Title of test:
SAP S/4 Hana 1610 Preparation Part II

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RoselineS
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Creation Date:
18/05/2018

Category: Others

Number of questions: 102

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Cost Accounting Methods: Types of Cost Accounting Methods Note: There are 3 correct answers to this question. Cost allocations Internal activity allocations Fixed and variable costs distributions and assessments.
Plan costs can be transferred from feeder systems, such as SAP ERP Human Capital Management (HCM), Asset Accounting (FI-AA), and the Logistics Information System (LIS). Please choose the correct answer. True False.
What are the three planning areas? Note: There are 3 correct answers to this question. Cost elements and activity input Mathematical key figures Activity types and prices Statistical key figures.
The SAP system contains standard planner profiles and planning layouts that cover numerous, potential planning situations. You can use the SAPALL planner profile to plan three planning areas with various assigned standard SAP layouts. activity type planning statistical key figures primary costs .
Planning Statistical Key Figures Note: There are 2 correct answers to this question. When you plan the value for fixed value statistical key figures, the value you enter for a period is copied to all future periods of the fiscal year. When you plan a totals value key figure, the quantity you enter is only valid for the specified period;for following periods, the value is zero. When you plan the value for fixed value statistical key figures, the value you entered is only valid for the specified period When you plan a totals value key figure, the quantity you enter is the value you enter for a period is copied to all future periods of the fiscal year.
SAP provides layouts for statistical key figures, which you can access via the SAPALL standard profile. Note: There are 2 correct answers to this question. Standard layout 1-302 Specialized layout 1-705 Standard layout 1-301 Custom layout 5-203.
You can plan activity-independent secondary costs by cost element on the cost centers. Please choose the correct answer. True False.
Typical Characteristics of Activity Types Note: There are 4 correct answers to this question. Activity types are used to measure cost center performance. Activity types are used to describe the activity output (output quantity) of a cost center Activity types are used to calculate the operating rate and the target costs Activity types are allocated using a secondary cost element, which is stored in the activity type master record. Activity types are use for business planning.
Planned secondary (activity-independent) costs are always fixed costs for a receiver cost center. Please choose the correct answer. True False.
Planning Secondary Costs: To calculate the planned secondary costs, the SAP system multiplies the price of the activity type (from the sender cost center) with the activity quantity that is consumed by the receiver cost center; Please choose the correct answer. True False.
Planned secondary (activity-independent) costs are always fixed costs for a receiver cost center. Please choose the correct answer. True False.
When do you plan the cost as a variable cost? Please choose the correct answer. If the cost depends on the output quantity of the activity type If the cost does not depend on the activity quantity If the cost depends on the consumption forecast.
Which of the following are typical planning steps for cost centers? Note: There are 3 correct answers to this question. Planning statistical key figure Activity type planning Planning the primary costs and the additional secondary costs Variable cost calculation.
Assigning Planning Methods to Controlling Methods Standard Cost Accounting and Controlling Planned Cost Accounting and Controlling.
Activity type allocations combine both quantity flows and value flows. Please choose the correct answer. True False.
Target costs = planned fixed costs + planned variable costs * operating rate True False.
Actual costs are recorded using Execution Services on the basis of the planned data. Please choose the correct answer. True False.
What are the costs that you expect for a specific operating rate? Please choose the correct answer. Activity-dependent costs Variable costs Target costs Fixed costs.
Cost Center Planning in IBP 3 2 7 6 4 5 1.
Which of the following approaches are used in sales and profit planning? Note: There are 3 correct answers to this question. Top-down planning Centralized planning Profit planning Decentralized planning.
The integrated planning cycle begins with a sales plan. Please choose the correct answer. True False.
Which of the following enables you to plan sales, revenue, and profitability? Please choose the correct answer. Profitability Analysis Production planning Sales and Operations planning Centralized planning.
Master Data for Planning Integration in Manufacturing Note: There are 4 correct answers to this question. Material masters Bills of material Work centers Routings Work Break Down Structrures.
You can transfer a sales quantity plan created in Profitability Analysis (CO-PA) to Sales and Operations Planning. Please choose the correct answer. True False.
Components for Integrating Planning Data in Cost Centers Note: There are 3 correct answers to this question. Human Capital Management Fixed asset management Plan-integrated orders Plan-integrated work breakdown structure elements (in Project System) Templates.
You can use a plan-integrated order to plan resources. Please choose the correct answer. True False.
Tools for Product Cost Planning Note: There are 3 correct answers to this question. Product costing with quantity structures Product costing without quantity structures Reference and simulation costing Product Cost Planner.
The results of cost estimates can be updated in the standard price field or in another price field of the material master record. Please choose the correct answer. True False.
In the costing sheet you will determine how the overhead costs are calculated for the cost of goods manufactured and the cost of goods sold. Please choose the correct answer. True False.
Direct Material Costs + Material Overhead Costs.
Direct Costs of Production + Production Overhead Costs.
Material Costs + Production Costs.
Cost of Goods Manufactured + Administrative Overhead + Sales Overhead .
When you release the standard cost estimate, these future prices are updated as the current standard price. Please choose the correct answer. True False.
When you create a cost estimate with a quantity structure, you must enter which of the following data? Note: There are 4 correct answers to this question. Costing variant Material Plant Activity type Lot size.
Valuation in Profitability Analysis can use the results of ____________________ to calculate the cost of goods manufactured and the cost of goods sold. Please choose the correct answer. product costing activity price calculation price splitting reference costing.
Which of the following is the central tool for assigning (or tracing) process quantities to cost objects? Please choose the correct answer. Process template Business process Assessment cycle Periodic re-posting cycle.
Services that do not depend on production plans are realized using which of the following in the integrated planning cycle. Please choose the correct answer. Product cost estimate Primary Cost Planning Template Price determination.
The posting logic in SAP S/4HANA Finance supports an aggregated posting which leads to the posting into Note: There are 3 correct answers to this question. Line item table ACDOCA Financial Accounting document in table BKPF (document head) and BSEG (document item) account used. Management Accounting document in table COEP Index Tables BSID, BSAD etc.
PRIMANOTA principle, ensures the tracking of the posting up to the first entry. True False.
Which of the following details does the Financial Accounting document item with account type “P” contain? Note: There are 3 correct answers to this question. Company Code Controlling Area Management Accounting Object Posted Amount.
When a Financial Accounting document posts to an expense or revenue account (Account Type “S” — Primary), a financial and controlling document will be created. True False.
True and Statistical Objects in Management Accounting True Objects Statistical Objects.
Statistical objects can allocate costs to other objects. Please choose the correct answer. True False.
The advantages of New G/L in SAP S/4HANA over the classic General Ledger Accounting in SAP R/3 Enterprise are as follows: Note: There are 4 correct answers to this question. Extended data structure and ability to add customer fields to the totals table of FI Document splitting Real-time integration of Management Accounting with FI Ability to manage several general ledgers in FI Posting costs and revenues to Management Accounting.
Cost centers are true objects in Management Accounting, but you cannot make statistical postings to them. Please choose the correct answer. True False.
Additional Fields Data Structure; Examples of additional fields data structure now includes the following: Note: There are 3 correct answers to this question. Profit center (PRCTR) Functional area (RFAREA) Segment (SEGMENT) Account Number (RACCT).
Real-time integration of Management Accounting with Financial Accounting makes the reconciliation ledger obsolete. Please choose the correct answer. True False.
Why do you use document splitting? Please choose the correct answer. To create a trial balance for the company To create balance sheets on levels below the company code To create a bank reconciliation form To create a funds flow statement.
Real-Time Integration of Controlling with FI Note: There are 4 correct answers to this question. The posting can be carried out in real time (per document). The reconciliation ledger in Cost Element Accounting (transaction code KALC) is not required. The FI document does not require clearing accounts. However, clearing accounts are still required in cross-company-code postings. FI documents generated by the system in real-time can be accessed from the Management Accounting document, and the other way around. The documents created by real time integration between Management Accounting and FI using a trace for subsequent analysis can be logged. The FI document still requires clearing accounts for interim posting. .
New GIL ledgers are the same as those in the Special Purpose Ledger in SAP R13 Enterprise. Please choose the correct answer. False True.
Characteristics of Parallel Accounting. Note: There are 2 correct answers to this question. Each client has only one leading ledger You can also have non-leading ledgers (within Fl-GL) alongside the leading ledger Each client has multiple leading ledgers You can also non-leading ledgers (within Fl-GL) alongside multiple leading ledgers.
Prerequisites for Posting from Financial Accounting that includes an expense line item, you can post this expense to Management Accounting as a cost. Note: There are 3 correct answers to this question. A G/L account with account type “P” has been created. A valid cost center is referenced in the FI line item. After posting the expense to Management Accounting, the system creates two separate documents: an FI document and a Management Accounting document. A G/L account with account type “S” has been created. .
With posting a goods issue in Materials Management to controlling object, the profitt center of the controlling object will be selected and cannot be overwritten. Please choose the correct answer. True False.
A purchase order is not a firm commitment because it is not based on a contractual agreement. Please choose the correct answer. True False.
Commitments Through the Purchase Function Note: There are 4 correct answers to this question. A purchase requisition is an internal procurement requirement (from the requestor to the buyer). A purchase order is a contractual agreement to purchase goods or services from a vendor according to agreed conditions. A purchase order is a firm commitment because it is based on a contractual agreement. A purchase requisition represents a provisional commitment, which can be changed at any time. If a purchase item is to be entered under a G/L Account with Type “S”, you must enter a Management Accounting (Controlling) object. .
When posting the invoice receipt to the purchase order with items assigned to different cost centers, profit centers, or business areas, you may see a document split in the FI document. Please choose the correct answer. True False.
To post a goods issue in Materials Management to controlling object, a specific movement type is required. Please choose the correct answer. True False.
When you post a Financial Accounting document with a valid cost center, the system generates one document only in Financial Accounting. Please choose the correct answer. True False.
How can you reduce the commitment? Please choose the correct answer. By posting a goods receipt against a purchase order By assigning a Management Accounting object to a purchase requisition item By cancelling a purchase order.
Statistical orders can be used to evaluate costs that cannot be itemized in detail in Cost Center Accounting. Please choose the correct answer. True False.
What happens when both a real internal order and a cost center are specified in the source document line item? Please choose the correct answer. Real posting goes to the order Real posting goes to cost center.
Revenue postings to cost centers are always statistical. Please choose the correct answer. True False.
Manual reposting of costs or revenues; This type of reposting simply transfers costs from one Management Accounting object to another. lt does not preserve a direct link between the amount transferred and the transaction that originally posted the costs to Management Accounting. Please choose the correct answer. True False.
Reposting of line items; When you repost line items, you specify the Financial Accounting document number. The reposting document contains a reference to the original Financial Accounting document. This means that the link to the original document from Financial Accounting is preserved after the correction posting and the receiver of the reposting can thus jump directly to the Financial Accounting document. Please choose the correct answer. True False.
You can repost primary costs from one controlling object to another, using transaction-based reposting. Please choose the correct answer. True False.
Only a cost center can be the sender in an activity allocation. Please choose the correct answer. True False.
To obtain the activity allocation value, which of the following Items can you multiply with the provided quantity? Please choose the correct answer. Planned cost Actual cost Planned price.
In addition to other budgeting parameters, which of the following does the budget profile control? Please choose the correct answer. Availability control Planning layout to be used Minimum and maximum amounts allowed.
Postings Supported by Execution Services Note: There are 5 correct answers to this question. Internal activity allocations (for internal activities) Direct process allocations (for processes) Reservations (for material items) Goods issues (for material items) Purchase requisitions and purchase orders (for material items, external activity items, service items, or variable items) Budgeting.
You can use Execution Services to record commitments and actual costs. Please choose the correct answer. True False.
Which of the following postings does Execution Services support? Note: There are 3 correct answers to this question. Goods issues Budgeting Reservations Internal activity allocations.
Production Cost Analysis; Methods for Analyzing Production Costs Note: There are 3 correct answers to this question. By lot size, using Product Cost by Order By period, using Product Cost by Period By sales order, using Product Cost by Sales Order By period, using Product Cost by Order.
Production orders can have one of the following statuses In Preparation Released Started Finished Closed.
In Product Cost Controlling at order level. production orders are the cost objects. Please choose the correct answer. True False.
When raw materials from the warehouse and activity types from cost centers are consumed, actual costs are incurred. Please choose the correct answer. True False.
Basic Steps to Perform Typical Activities in Cost Object Accounting Match the order 1 2 3 4 5 6 7 8.
Steps in a Typical Process Flow for Order-Related Production Match the flow 1 2 3 4 5.
Events Related to Delivery Stock Note: There are 2 correct answers to this question. The costs for the remaining warehouse quantity are posted to the material stock account. The remaining costs are automatically posted to a price difference account. The remaining costs are manually posted to a price difference account. The costs for the remaining warehouse quantity are posted to the G/L account. .
After final delivery, all costs remaining on the order are allocated to inventory or to a price difference account. Please choose the correct answer. True False.
You cannot post primary costs directly to the production order. Please choose the correct answer. True False.
Partial deliveries are possible only at the end of production. Please choose the correct answer. True False.
You can valuate incoming sales orders (as expected revenues) and transfer them from sales order management to CO-PA to enable possible profits to be analyzed at an early stage. This allows you to create reports with which you can analyze contribution margins based on the sales orders received. Please choose the correct answer. True False.
The goods issue and billing data can be transterred to account-based Protitability Analysis only it the general ledger account in Financial Accounting is defined as a Balance Sheet Account . Please choose the correct answer. True False.
In the sales order on which billing is based is a cost object, the revenues are assigned to the sales order. Please choose the correct answer. True False .
From the Management Accounting point of view, after which of the following activities does billing takes place? Please choose the correct answer. Revenue is settled Order is delivered Billing is completed Order is placed.
When selling services with sales order management, how would you refer to the sales order item? Please choose the correct answer. Selling services Profitability object Cost object Customer.
The requirement type 'E' leads to the requirement class which has a specific account assignment category “E”. This account assignment category activates the sales order item as cost object. Please choose the correct answer. True False.
The account assignment category defined in the requirements class contains two indicators that are important for Cost Object Controlling: Note: There are 2 correct answers to this question. special stock indicator consumption indicator material stock indicator.
Key Figure Prerequisites: The prerequisites to use a key figure from the LIS as a statistical key figure in Management Accounting are as follows: Note: There are 3 correct answers to this question. LIS must be active. You must create statistical key figures in Controlling and link them to the corresponding key figure in the LIS. You transfer the selected values of the LIS statistical key figure to the combination of statistical key figure and cost center. LIS can be inactive.
You can transfer the statistical key figures to Cost Center Accounting as activity-dependent or activity-independent values. Please choose the correct answer. True False.
Method Selection for Calculating the Accrual Value in Management Accounting: Note: There are 2 correct answers to this question. Percentage method Target = Actual Method Fixed Method Variable Method.
Target = actual method Calculations Note: There are 2 correct answers to this question. Fixed Plan Cost = Actual Cost Variable Plan Cost * Actual Activity / Plan Activity = Actual Cost Variable Plan Cost = Actual Cost Fixed Plan Cost * Actual Activity / Plan Activity = Actual Cost.
Which of the following can be the receivers of a periodic posting? Note: There are 3 correct answers to this question. Internal orders Business areas Business processes Work breakdown structure elements.
You should use periodic reposting only when the identity of the sender cost center is not important for the receiver cost center. Please choose the correct answer. True False.
By default, only cost centers or business processes can be senders in a distribution allocation. Please choose the correct answer. True False.
You can reverse and repeat an assessment as often as desired. Please choose the correct answer. True False.
When is a 1:n assignment advisable/necessary? Note: There are 5 correct answers to this question. If you require cross-company code reporting If you require cross-company code postings such as activity allocations or assessments, for example Where logistical considerations make it necessary (production in an associate plant) Where a calculated value is to be spread over more than one company code If profit centers cover more than individual company codes.
Which of the following statements about activity types are correct? Note: There are 3 correct answers to this question. The allocation cost element is a mandatory field in the master data of the activity. The allocation cost element must be a secondary cost element of the type 43. A cost center can only perform activities for another cost center. The price must be planned per cost center and activity type.
You can define master data fields for cost centers, costs, and activity types as time-based. Please choose the correct answer. True False.
Revenues can be settled primarily to the following objects: Note: There are 3 correct answers to this question. Profitability segments Other orders with revenues G/L  Accounts Cost Centers.
Costs can be settled to any receiver Please choose the correct answer. True False.

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