Terms in this set (88)

You are executing an indirect activity allocation. What do you post to the
sender and receiver?
a. You post quantity and cost to both the sender and receiver
You want to run an assessment cycle in Profitability Analysis to allocate cost
center costs during period-end closing for your organization.
a. Tracing Factor
3. You want to maintain a cost component structure. What can you
determine for each cost component?
a. Assignment of cost component to calculation base for overheads in costing
sheet
b. Relevance of cost component to inventory valuation
c. Relevance of cost component to goods manufactured
4. How does SAP S/4HANA select line-item-based data for costing-based
Profitability Analysis reports?
a. It selects actual data from table CE1XXXX and plan data from table
CE2XXXX.
5. What are some of the characteristics of Profit Center Accounting in SAP
S/4HANA? (2)
a. It is integrated in the universal journal
b. It can be used with period and/or cost of sales accounting.
6. What are some of the characteristics of SAP Core Data Services (CDS)
views?
a. CDS views have ready-to-use content.
b. CDS views have no latency.
c. CDS views support authorizations
7. You want to create alternative plan versions for your controlling area, in
addition to version 000. What would you use additional CO versions for?
a. To store parallel valuation
b. To store different plan data
8. Why would you use manual cost allocation in Controlling?
a. To correct secondary postings
b. To run simple allocations of actual data
10. Which of the following statements best describe Product Cost by Period?
a. It is used when the focus of controlling is on a stable and continuous
production process
b. It is used in conjunction with a product cost collector.
c. Repetitive Manufacturing
9. You want to create cost centers for your company. What is the
prerequisite to building an organizational structure for overhead cost
controlling? (1)
c. Standard hierarchy top node
11. Which of the following statements best describe Product Cost by Order
a. It is used when controlling by individual production lots or discrete
quantities is needed.
b. It is used when full cost traceability is needed.
12. You want to set up budget availability control for your projects and
internal orders. What can you check using budget availability control?
a. The availability of funds using overall plan value
b. The availability of funds according to tolerance limits
13. You want to use a template to consider overhead during product costing.
How do you assign the template to your material?
a. Using an overhead group and an overhead key
14. Which of the following statements are applicable to SAP S/4HANA
embedded analytics?
a. It uses core data services (CDS) views to create virtual data models
(VDMs) for reporting.
b. It is part of the core SAP S/4HANA license and uses the same technical
stack and user interface
15. You define rules in a status profile and assign the profile to your internal
order type. What do you use the status profile for?
a. To define the user status
b. To permit or forbid specific transactions
c. To set the initial status as Created or Released
16. Which default values can you configure for the product cost collector?
a. Costing Variant for preliminary costing
b. Results Analysis (RA) key
17. Which objects can statistical key figures be applied to?
a. Profit centers
b. Cost centers
c. OH Orders
18. You want to prevent periodic cost fluctuations. Which activity should you
choose to distribute irregular expenses to the relevant periods>?
a. Accrual calculation
19. How do you calculate overhead?
a. Percentage
b. Quantity Based
20. For which of the following situations would you need to implement the
transfer price solution in SAP S/4HANA?
a. Parallel valuation views of the same logistical flows are needed to
differentiate between legal and profit center valuation.
21. Which of the following objects can be selected in templates for activity-
based costing?
a. Business process
b. Cost center/activity type
22. When you create a profit center, what company code(s) is it assigned to
by default?
a. All company codes within the controlling area
23. What values flow from Sales and Distribution billing to costing-based
Profitability Analysis?
a. Revenue
b. Sales Deductions
c. Payment Discount*
24. How can you populate local variables in Profitability Analysis reports?
a. By user entry during report execution
25. How can you configure the transfer price solution in SAP S/4HANA?
a. Use separate ledgers for each valuation.
b. Use separate currency types within the same ledger for each valuation.
26. You want to configure different cost centers in your company. Which
setting in the cost center master data will you use to assign the same
attributes to similar cost centers?
a. Cost center category
27. How do you define the relationship between an operating concern and a
controlling area?
a. One-to-many (1:N)
28. Which statements are relevant to the cost of sales accounting method in
profitability management?
a. It presents the costs and revenues information in a format that is ideal for
conducting margin analyses.
b. It aims to match revenues for goods and services against sales-related
expenses.
29. Which parameters are controlled by the costing type in a costing variant?
a. Save with date key
b. Price updates
30. In a standard system delivery, how many characteristics can be added to
an operating concern?
a. 0-70
31. You want to derive the profitability segment for a line item in the
universal journal using SAP S/4HANA standard configuration. What
requirements must be fulfilled? (2)
a. The type of the corresponding general ledger account must be primary
cost/revenue or secondary cost.
b. Account-based Profitability Analysis must be active.
32. Which object can you select for reporting in costing-based Profitability
Analysis, and NOT in account-based Profitability Analysis? (1)
b. Record type
33. What do you do to create a primary cost component split?
a. Run an activity price calculation
b. Assign a cost component structure to the CO-version
34. What do you get if you mark a standard price cost estimate?
a. A future standard price
b. A new status in the cost estimate
35. Which of the following statements are applicable to automatic account
assignment in SAP S/4HANA?
a. It can be overwritten in the application.
b. It can be defined for postings on general ledger accounts of primary costs
type.
36. Which statement best describes a cost center standard hierarchy?
a. It is a structure to which all the cost centers within a controlling area are
assigned.
37. What are the benefits of using valuated sales order stock compared to
non-valuated sales order stock?
a. Combined quantity and value flow analysis
b. Simplified inventory value determination
38. Which characteristic of an internal order does the order type control?
a. Budget profile assigned to the order
39. In which module do you process profit center allocations in SAP
S/4HANA?
a. Profit Center Accounting
40. When is the standard hierarchy of the controlling area created?
a. When the controlling area is defined
41. You would like to allocate primary and secondary costs from a cost
center to another cost center. Which allocation method will you use?
a. Assessment
42. For which revenue carrying cost objects does the system perform results
analysis?
a. Work breakdown structure
b. Internal order
c. Customer service orders
44. You want to enable WIP calculation in Product Cost by Period. What do
you need to configure?
a. Valuation variant
45. At which level do you define the valuation method for results analysis?
a. Controlling area
46. What are some of the unique attributes of an assessment cycle in
Controlling?
a. They use a secondary cost element during transfer.
b. They transfer primary and secondary costs.
47. What are some of the objectives of Profitability Analysis?
a. Provide the company with information on the performance of its market
segments.
b. Allow the company to determine if the sales force achieved their
contribution margin goals.
48. What tasks are performed by the system during activity allocation? (2)
a. The allocation amount is calculated based on the quantity and price of the
activity
b. The cost element is derived from the master data for the activity type
49. What can you do with statistical internal orders?
a. Simultaneously post to a cost center.
50. What master data objects can you set up using time-based fields?
a. Cost centers
b. Activity types
51. Which component provides insight into the effectiveness and results for
areas of responsibility within the enterprise?
c. Profit center accounting
52. You want to understand why costs are collected on sales order item
level. What do you need to check in the configuration? (3)
a. Requirement Type
b. Account Assignment Category
c. Requirements Class
53. You are setting up costing-based Profitability Analysis for your
organization. How do you configure the different market segments?
a. As characteristics
54. Which cost objects can only be controlled by period?
a. Product cost collector
b. Cost object hierarchy
55. Which receiver must be allowed in the settlement profile of a product
cost collector?
a. Order
56. Which of the following steps are part of the procedure to update the
standard price of the material?
a. Mark the cost estimate.
b. Release the cost estimate.
57. Which objects can you plan in cost center accounting? (3)
a. Statistical key figures
b. Activity prices
c. Secondary cost accounts
58. What parameters can you set up when defining order types?
a. Allow revenue postings.
b. Define default parameters for master record fields
59. You have activated budget availability control for an internal order and
entered an overall budget of 10000. Actuals of 10000 were posted for this
internal order in the current year.
a. The cost element is exempted from budget availability control
b. The purchase order is entered in a different year than a budget
60. What can you manage via the account assignment category?
a. Valuated sales order stock
b. Costing Variant
61. You are configuring internal order settlement. Where do you define which
cost elements should be settled, using either the original or settlement cost
elements?
a. Allocation Structure
62. What are the prerequisites for automatic generation of the settlement
rule to a market segment for a sales order item? (2)
a. Profitability Analysis (CO-PA) is activated (this is an answer)
b. The sales order item is a cost object
63. How does SAP S/4HANA determine if a characteristic value is valid in
Profitability Analysis?
a. By defining the characteristic value in check table
64. You are implementing SAP S/4HANA and you want to run analytical
reports off a single data model. Which statement best describes reporting in
SAP S/4HANA?
a. Reporting on data is available in real-time at every level of detail.
65. What can you configure in the settlement profile? (2)
a. Determine whether settlement is required.
b. Define document management parameters.
66. In the material master record there are three planned prices. What do
you use them for?
a. To valuate the materials in cost estimates
67. What are some of the characteristics of internal order planning? (2)
a. Costs are entered
b. Tolerance limits are defined
68. You post a billing document in Sales and Distribution (SD). What data
flows to Profit Center Accounting?
a. Payment Discount
b. Revenues
c. Sales deductions
69. How does SAP S/4HANA capture costs?
a. All primary and secondary costs are captured by creating them as cost
elements.
b. Primary and secondary costs are captured in general ledger accounts
Revenue =
Cost of Sales =
WIP =
1200
800
200
70. What is the level of the operation concern?
a. Client
71. How to calculate variance?
Actual Debits - XXXXX - WIP (NO SCRAP)
Costing Run Scenarios (these are all of them, unsure which one will be used)
a. Standard cost estimate of all materials in all plants
b. Monthly modified standard cost estimate of all the materials in all plants
c. Current cost estimate of all materials in a product group
d. Current cost estimate of a highly complex product structure
Order Type Configuration
CO Partner Update --> influences the performance, only set when necessary
Where do you do integrated planning?
a. Plan Versions
b. Order Master
c. Governs whether planning is passed on to PCA and special purpose
ledger...also ensures documentation of plan line item
Where can you set Do Not Cost option? Turn off costing?
a. Operation Detail Relevancy
b. Control Key
Requirements Type
a. MRP Group -> Strategy Group -> Plan Strategy -> Req Type
b. Strategy Group -> Plan Strategy -> Req Type
Which management accounting currencies can you use for evaluation when
you use cross company code accounting?
a. Controlling Area Currency
b. Company Code
c. Transaction
Account Based
Delivery
Costing Based
Billing
Who can use SKF's?
a. Cost Center
b. Profit Center
c. Overhead Order
What do you need to transfer to account-based COPA?
a. Allocation structure
77. Math Questions
a. 200 WIP
b. 300 Cap Rev
78. Requirements Type
a. MRP Group -> Strategy Group -> Plan Strategy ->Req Type
b. Strategy Group -> Plan Strategy ->Req Type
79. Account Based and Costing Based
a. Know when revenue is recognized: Cost based: revenue & cost of sales
recognized at billing
account based: revenue at billing and COS at delivery
80. Level Question
A. 0 NOT 1,2, or 3
81. 3 planned prices
A. Valuate materials for a cost estimate
82. # intervals
Business transactions
Which process can you use to credit internal orders during period-end
closing?
Periodic Reposting