Which objects can statistical key figures be applied to? General ledger accounts Profit Centers Functional areas Cost Centers.
Which process can you use to credit internal orders during period-end closing? Periodic reposting Distribution Assessment Indirect activity allocation.
How does the system derive the requirement type from the material master data? Strategy group, planning strategy, requirements type MRS group, requirement class, planning strategy, requirements type MRS group, strategy group, planning strategy, requirements type Strategy group ,planning strategy, requirements class, requirements type.
Yoυ want to configure different cost centers in your company. Which settings in the cost center master data will you se to assign the same attributes to similar cost centers? Cost center category Functional area Cost center type Activity type.
Which statements are relevant to the cost of sales accounting method in profitability management? (2 correct answers) It aims to match revenues for goods and services against sales-related expenses It presents the costs and revenues information in format that is ideal for conducting margin analysis It aims to summarize activity and situational change for given organizational unit over a period time It presents revenues, primary expenses, change in stock, WIP, and capitalized activities.
How does SAP S4HANA select line-item-based data for costing-based Profitability Analysis reports? It selects actual data from table CE2XXXX and plan data from table CE3XXXX It selects actual data from table ACDOCA and plan data from table COSP It selects actual data from table CE1XXXX and plan data from table CE2XXXX It selects actual data from table ACDOCA and plan data from table ACDOCP.
What are some of the characteristics of Profit Center Accounting in SAP S/4HANA? (2 correct answers) It is integrated in the universal journal It can be used in the settlement rule for internal orders It can be used with period and/or cost of sales accounting It is possible to derive the profit center form the segment in configuration.
You want to create cost centers for your company. What is the prerequisite to building an organizational structure for overhead cost controlling? Standard hierarchy top node Functional area Cost center type Cost center category.
You want to set up budget availability control for your projects and internal orders. What can you check using availability control? ( 2 correct answers) The availability of funds in object currency The availability of funds on period level The availability of funds using overall plan value The availability of funds according to tolerance limits.
What can you do with statistical internal orders? Settle costs to a cost center Transfer posting to another internal order Apply overhead rates to the internal order Simultaneously post to a cost center.
Which customizing activity do you perform in overhead accounting? Create value fields Maintain costing variant parameters Define cost center categories Define cost element categories/ company center categories/ cost center categories.
What can you configure in the settlement profile? (2 correct answers) Determine whether settlement is required Define document management parameters Determine an overhead key Define a number range for settlement documents.
You want to create alternative plan versions for your controlling area, in addition to version 000. What would you use additional CO versions for? (2 correct answers) To store different plan data To store actual-plan variance To store parallel valuation To store different budget data.
Which objects can you select for reporting in costing-based Profitability Analysis, and NOT in account-based Profitability Analysis? Record type Cost element Period/year Company code.
In the material master record there are three planed prices. What do you use them for? To valuate the materials in cost estimates To update the standard price during the release of a standard cost estimate To valuate material stocks To valuate goods movement.
In which module do you process profit center allocations in SAP S4/HANA Product Product Cost Accounting General Ledger Accounting Cost Center Accounting Profit Center Accounting.
You are configuring internal order settlement. Where do you define which cost elements should be settled, using either the original or settlement cost elements? Allocation structure Settlement profile Settlement rule Template.
When you define assessment cycles for the period-end closing in overhead cost accounting, which object can you assign to the cycle segment? Costing sheet Template Allocation structure Settlement rule.
You want to define requirement levels for users for the authorization check in Profitability Analysis reporting. Which requirement level would you set to enable user access to all the interactive drill down functions? 0-ALL 2-Level 2 3-ALL 1-Level 1.
Which statement best describes a cost center standard hierarchy? It is a structure to which all the cost centers within a controlling area are assigned It represents an organization 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 grouped together with alternative hierarchies to represent decision control and responsibility units.
You are setting up a direct internal activity allocation in SAP S/4HANA. What are valid receivers for the activity? (3 correct answers) Sales order item Network Cost center Statistical overhead order General ledger account.
You have implemented Product Cost by Sales Order in conjunction with cost-based POC results analysis in your organization. For a particular sales order item, you have the following: Plan revenue=3000 Plan costs=2000 Actual revenue=1200 Actual costs=1000. What data does the system calculate during result analysis? Revenue 1500, Cost of sales=1000, Capitalized revenue=300 Revenue 1500, Cost of sales=1000, Capitalized revenue=200 Revenue 1500, Cost of sales=1000, Revenue surplus=200
Revenue 1500, Cost of sales=1000, Revenue surplus=300
.
What are some of the objectives of Profitability Analysis ( 2 correct answers)
Provide the company with information on the performance of its market segments
Provide the company with a detailed view of its financial statements by responsibility units
Allow the company to determine standard costs and revenues according to the period accounting method
Allow the company to determine if the sales force achieved their contribution margin goals
.
What values flow from Sales and Distribution billing to costing-based Profitability Analysis? (2 correct answers)
Sales deductions
Revenue
Maintenance overhead costs
Accrued production overhead
.
How do you maintain number intervals/ranges in Controlling?
By business transaction
By posting key
By company code
By document type
.
Yoy want to prevent periodic cost fluctuations. Which activity should you choose to distribute irregular expenses to the relevant periods?
Variance calculation
Cost splitting
Accrual calculation
Periodic reposting
.
What master data objects can you set up using time-based fields? ( 2 correct answers)
Cost centers
Activity types
Standard hierarchies
Statistical key figures
.
Which functionalities can create primary cost component splits? (2 correct answers)
Settlement of internal orders
Execution of the assessment cycles
Business processes price calculation
Cost center/activity type price calculation
.
What are some of the characteristics of internal order planning? ( 2 correct answers)
Multiple versions are allowed
Costs are entered
Availability control is checked
Tolerance limits are defined
.
Which attributes can you configure in the activity type master record? (3 correct answers)
Activity type category
Valid cost center categories
CO version
Company code
Price indicator
.
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? (2 correct answers)
It can be overwritten in the application
It can be defined for postings on general ledger accounts of primary costs type
It can be defined for postings on general ledger accounts of secondary costs type
It takes precedence over validation and substitution
.
Which object can you select for reporting in both costing-based Profitability Analysis and account-based Profitability Analysis?
Cost Element
Version
Record Type
.
You want to set up integrated planning for your internal orders. What do you need to do? (2 correct answers)
Set the relevant indicator in the CO version
Set the relevant indicator in the internal order master records
Set the relevant indicator in the planning profile of the order type
Set the relevant indicator in the controlling area
.
Which of the following statements best describe Product Cost by Order? (2 correct answers)
It is used when you perform repetitive manufacturing
It is used when full cost traceability is needed
It is recommended for products with a long production time
It is used when controlling by individual production lots or discrete quantities is needed
.
How can you define a dynamic group for internal orders?
Assign a selection variant to an end node
Create a substitution rule for mass change
Use wild cards in the order codes assigned to nodes
Define an order coding mask for order types
.
Which of the following objects can be selected in templates for activity-based costing? (2 correct answers)
Internal order
WBS element
Cost center/activity type
Business process
.
Which of the following steps are part of the procedure to update the standard price of the material?( 2 correct answers)
Mark the cost estimate
Release the cost estimate
Archive the cost estimates
Split the costs
.
You use a production order with product Cost by period and you entered a result analysis key and variance key. How does the system calculate variances in product Cost by Period?
Variances= Target costs-Delivery value
Variances=Actual costs-Delivery value-WIP
Variances=Actual costs-Delivery value
Variances= Target costs-Delivery value-WIP
.
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?
Tracing factor
PA transfer structure
Template
Cycle iteration
.
You define rules ia status profile and assign the profile to your internal order type. What do you use the status profile for? (3 correct answers)
To permit or forbid specific transactions
To define the user status
To define users for the order
To set the initial status as Created or Released
.
You configured an overhead costing sheet that uses the quantity-based overhead approach to calculate the overhead amount. What is required for the amount to be calculated?
Cost accounts with the option to record quantity
Activity types with actual or plan quantities maintained
Statistically figures with values for the period
Settlement rule with valid receiver objects
.
Why would you use manual cost allocation in Controlling? (2 correct answers?
To correct secondary postings
To run simple allocations of actual data
To run simple allocations of plan data
To allocate costs using an allocation cycle
.
You would like to allocate primary and secondary costs from a cost center. Which allocation method will you use?
Indirect activity allocation
Assessment
Distribution
Periodic reposting
.
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?
Account-based only
Costing-based only
Both account-based and costing-based only
Periodic accounting-based
.
What can you define for a user status in the status profile?
The assigned user status after a business transaction is executed
The versions for which you can enter plan data
The order types for which a user status is valid
The business user IDs authorized to change the user status
.
Which of the following statements best describe Product Cost by Period? (2 correct answers)
It is used to analyze work in a process based on actual costs
It is used in conjunction with a product cost collector
It is used joint production with process orders
It is used when the focus of controlling is on a stable continuous production process
.
You are executing an indirect activity allocation. What do you post to the sender and receiver?
You post quantity and cost to both the sender and receiver
You post both quantity and cost to receiver, and cost only to the sender
You post only to both the sender and receiver
You post both quantity and cost to the sender , and cost only to the receiver
.
You have implemented Product Cost by Sales Order in conjunction with cost-based POC results analysis in your organization. For a particular sales order item, you have the following: Plan revenue=3000 Plan costs=2000 Actual revenue=1200 Actual costs=1000. What data does the system calculate during result analysis?
Revenue=1200, Cost of sales=800, WIP=200
Revenue=1200, Cost of sales=1000, Reserve=200
Revenue=1200, Cost of sales=800 , Reserve=200
Revenue=1200, Cost of sales=1000 , WIP=200
.
Which default values can you configure for the product cost collector( 2 correct answers)
Costing variant for preliminary costing
Result Analysis version
Variance variant
Result Analysis key
.
In SAP S/4HANA, you decided to activate only account-based profitability analysis for your organization. You want to settle costs and revenue of a sales order item to a profitability segment. What do you need to configure?
Allocation structure
Source structure
PA transfer structure
Cost component structure
.
You post a billing document in S&D. What data flows to profit center accounting?(3 correct answers)
Accruals
Sales deductions
Revenues
Payment discount
Order quantity
.
At which level do you define the valuation method for result analysis?
Controlling area
Sales organization
Operating concern
Company code
.
What are some of the characteristics of SAP Core Data Service views? (3 correct answers)
CDS views duplicate data for reposting efficiencies
CDS views have ready-to-use content
CDS views have no latency
CDS views support authorizations
.
You want to derive the profitability segment for a line in the universal journal using SAP S/4HANA standard configuration . What requirement must be fulfilled?( 2 correct answers)
Account-based profitability must be active
Costing-based Profitability Analysis must be active
The type of the corresponding general ledger must be balance sheet
The type of the corresponding general ledger must be primary cost/revenue or secondary cost
.
Which of the following are features of valuated sales order stock? (2 correct answers)
Combined quantity and value flow analysis
Simplified inventory determination
Work in process valuation
Production cost calculation
.
Which scenarios can be covered by the costing run? (2 correct answers)
Current cost estimate of all the materials in all controlling area
Product cost collector cost estimate in one plant
Inventory cost estimate of all the materials in one plant
Standard cost estimate of all the materials in all plants of a controlling area
.
How can you define the overhead rate in a costing sheet? (2 correct answers)
As quantity-based surcharge
As percentage rate
As equivalence number
As lot-based surcharge
.
You want to maintain a cost component structure. What can you determine for each cost component? (3 correct answers)
Relevance of cost component to result analysis
Assignment of cost component calculation base for overheads in costing sheet
Assignment of cost component to cost component group
Relevance of cost component to inventory valuation
Relevance of cost component to goods manufactured
.
Which statement best describes the query browser for reporting?
It is a design studio app that comes as standard SAP Fiori content
It is a strategic analytical tool in SAP S/4HANA
It is a desktop browser that integrates with SAP S/4HANA
It is availability as an additional license product in SAP S/4HANA
.
You want to enable WIP calculation in Product Cost by Periodic. What do you need to configure?
Valuation variant
Variance variant
Settlement profile
PA transfer structure
Profitability Analysis
.
What re the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item?( 2 correct answers)
The sales order item is a cost object
Profitability Analysis is activated
The material in the sales order item is a service
The sales order item is assigned to project
.
What can you manage via the account assignment category? (2 correct answers)
Valuated sales order stock
Costing variant
Separate sales order stock
Product cost by sales order
.
Which receiver must be allowed in the settlement profile of a product cost collector?
Material
Order
Business process
Cost center
.
For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA?
Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation
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
.
What parameters can you set up when defining order types? (2 correct answers)
Allow revenue postings
Define default parameters for master record fields
Define document type
Set up work lists
.
What tasks are performed by the system during activity allocation? (2 correct answers)
The allocation amount is calculated based in the quantity and price of the activity
The cost element is derived from the master data for the activity type
A primary costs G/L account is used for debiting and crediting
The sender cost object is debited and the receiver cost object is credited
.
To which object do you assign a costing sheet?
Valuation variant
Transfer control
Cost component structure
Costing variant
.
In a standard system delivery, how many characteristics can be added to an operating concern?
101-150
over 150
71-100
0-70
.
You want to create a new standard cost estimate based on the quantity structure of the existing standard cost estimate. Which object do you use?
Reference variant
Costing version
Transfer control
Costing type
.
When you create a profit center, what company code(s) is it assigned to by default?
All company codes within the controlling area
All company codes where profit center is activated
All company codes within operating concern
All company codes, irrespective of controlling area
.
How does SAP S4/HANA determine if a characteristic value is valid in Profitability Analysis?
By defining the characteristic value as a key figure
By defining the characteristic value in the check table
By defining the characteristic value in the field catalog
By defining the characteristic value as a value field
.
You want to use a template to consider overhead during product costing. How do you assign the template to your material?
Using an overhead group and an overhead key
Using a profit center and an overhead key
Using a special procurement type and an overhead group
Using an origin group and an overhead group
.
What are some of the unique attributes of an assessment cycle in Controlling? (2 correct answers)
They use a secondary cost element during transfer
They transfer primary and secondary costs
They transfer only primary costs
They use the original cost element during transfer
.
How do you define the relationship between an operating concern and a controlling area?
One-to-many
Many-to-many
Many-to-one
One-to-one
.
At what level do you create the structure of the operating concern?
Sales organization level
Controlling area level
Company code level
Client level
.
In the Product Cost by Order component, what does the system calculate depending on the order status?
WIP at actual costs or variances
WIP at planned costs or variances
Both WIP and variances or only variances
WIP at target costs or variances
.
You are setting up costing-based Profitability Analysis for your organization How do you configure the different market segments?
As divisions
As value fields
As characteristics
As key figures
.
Which parameters are controlled by the costing type in a costing variant?( 2 correct answers)
Price update
Save with date key
Price for materials
Costing sheet
.
When do you use an assessment instead of a distribution? (2 correct answers)
When you want to consolidate allocated expenses
When you need to transfer secondary costs
When do you need the option to reverse the cycles as often as required
When you want to view the original cost elements on the receiver
.
You want to determine which operations of the routing should be considered in a product cost calculation . How do you do this? (2 correct answers)
By marking the cost indicator in the control key assigned to the operation
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
.
You want to understand why costs are collected on sales order item level. What do you need to check in the configuration? ( 3 correct answers)
Requirement class
Requirement type
Account assignment category
Costing type
Valuation variant
.
How can you configure the transfer price solution in SAP S4/HANA?( 2 correct answers)
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
.
Which process determines the target costs of the cost object in a product cost by order scenario?
Variance calculation
Accrual calculation
Actual costs calculation
WIP calculation
.
What does the internal order settlement profile define? (3 correct answers)
The accounting document type
The valid receivers
Whether settlement is necessary
Whether commitment management is necessary
The template allocation
.
Which of the following statements are applicable to SAP S/4HANA embedded analytics? (2 correct answers)
It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analytics Tools for reporting
It is part of SAP S/4HANA Strategic Analytics tools stack that uses virtual data models for reporting
It is uses core data services views to create virtual data models for reporting
It is part of the core SAP S/4HANA license and uses the same technical stack and user interface
.
Which of the following values can be calculated using results analysis?(3 correct answers)
Reserves for unrealizes costs
WIP
Cost of sales
Gross margin
Cost of goods manufactured
.
How can you populate local variables in Profitability Analysis reports?
By user exit
By populating from user parameters
By user entry during report execution
By business Add-in
.
You are considering using commitment with internal orders. What do you need to do in the configuration?
Activate commitment management in both the controlling area and the order type
Activate commitment management in both the company code and the order type
Activate commitment management only in the order type
Activate commitment only in the controlling area
.
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?
Reporting on data is available in real time at every level of detail
Reporting on data in real time is difficult, and complex to design
Reporting analytical data is always done in business warehouse system
Reporting can be either broad and deep for analysis, or speedy and simple, but not both
.
How does SAP S/4HANA capture costs?(2 correct answers)
Secondary costs are captured as secondary cost elements, and NOT as general ledger accounts
Primary and secondary costs are captured in general ledger accounts
Only primary costs are captured in general ledger accounts
All primary and secondary costs are captured by creating them as cost elements
.
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