|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 b. Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300 a. Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200.
What can you configure in the settlement profile?
There are TWO correct answers to this question. Determine whether settlement is required Determine an overhead key Define document management parameters Define a number range for settlement documents.
How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?
Please choose the correct answer. By defining the characteristic in the field catalog By defining the characteristic value in the check table By defining the characteristic as a value field By defining the characteristic value as a key figure.
What can you manage via the account assignment category? Valuated sales order stock Separate sales order stock Costing variant Product cost by sales order.
You want to set up budget availability control for your projects and internal orders. What can you check using budget availability control?
There are TWO correct answers to this question. The availability of funds using overall plan value The availability of funds on period level The availability of funds according to tolerance limits.
What are some of the characteristics of SAP Core Data Services (CDS) views?
There are THREE correct answers to this question. CDS views have no latency. CDS views are considered system modifications. CDS views duplicate data for reporting efficiencies. CDS views support authorizations. CDS views have ready-to-use content.
Which of the following statements are applicable to SAP S/4HANA embedded analytics?
There are TWO correct answers to this question. It is part of the core SAP S/4HANA license and uses the same technical stack and user interface. 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 uses core data services (CDS) views to create virtual data models (VDMs) for reporting.
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?
Please choose the correct answer. Reporting on data is available in real-time at every level of detail. Reporting can be either broad and deep for analysis, or speedy and simple, but not both. Reporting on data in real time is difficult, and complex to design. Reporting analytical data is always done in a business warehouse system.
What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item?
There are TWO correct answers to this question. Profitability Analysis (CO-PA) is activated. The material in the sales order item is a service. The sales order item is assigned to a project. The sales order item is a cost object.
You are setting up a direct internal activity allocation in SAP S/4HANA. What are valid receivers for the activity?
There are THREE correct answers to this question. Network Sales order item General ledger account Cost center Statistical overhead order.
Which of the following statements best describe Product Cost by Period?
There are TWO correct answers to this question. It is used in conjunction with a product cost collector. It is used when the focus of controlling is on a stable and continuous production process. c. It is used for joint production with process orders. It is used to analyze work in process based on actual costs.
Which of the following objects can be selected in templates for activity-based costing?
There are TWO correct answers to this question. Business process Cost center/activity type Internal order WBS element.
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? Activity types with actual or plan quantities maintained Statistically figures with values for the period Settlement rules with valid receiver objects Cost accounts with the option to record quantity.
How can you configure the transfer price solution in SAP S/4HANA?
There are TWO correct answers to this question. Use separate ledgers for each valuation. Use separate accounts for each valuation. Use separate segments for each valuation. Use separate currency types within the same ledger for each valuation.
Which statements are relevant to the cost of sales accounting method in profitability management?
There are TWO correct answers to this question. It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities. It presents the costs and revenues information in a format that is ideal for conducting margin analyses. It aims to summarize activity and situational change for a given organizational unit over a period of time. It aims to match revenues for goods and services against sales-related expenses.
For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA?
Please choose the correct answer. Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation. 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. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
You want to set up integrated planning for your internal orders. What do you need to do?
There are TWO correct answers to this question. Set the relevant indicator in the planning profile of the order type. Set the relevant indicators in the CO version. Set the relevant indicator in the controlling area. Set the relevant indicator in the internal order master record.
What can you define for a user status in the status profile?
Please choose the correct answer. The versions for which you can enter plan data The business user IDs authorized to change the user status The assigned user status after a business transaction is executed The order types for which a user status is valid.
What are some of the objectives of Profitability Analysis?
There are TWO correct answers to this question. Provide the company with information on the performance of its market segments. Allow the company to determine standard costs and revenues according to the period accounting method. Provide the company with a detailed view of its financial statements by responsibility units. Allow the company to determine if the sales force achieved their contribution margin goals.
How can you define the overhead rate in a costing sheet? As percentage rate As lot-based surcharge As equivalence number As quantity-based surcharge.
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA?
There are TWO correct answers to this question. 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 can be overwritten in the application. It takes precedence over validation and substitution.
What can you do with statistical internal orders?
Please choose the correct answer. 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.
You are considering using commitment management with internal orders. What do you need to do in the configuration?
Please choose the correct answer. Activate commitment management only in the controlling area. Activate commitment management only in the order type. Activate commitment management in both the company code and the order type. Activate commitment management in both the controlling area and the order type.
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
There are TWO correct answers for this question The type of the corresponding general ledger account must be primary cost/revenue or secondary cost. Account-based Profitability Analysis must be active.
How do you calculate overhead?
There are TWO correct answers for this question Percentage Quantity Based.
You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for?
There are THREE correct answers for this question To define the user status To permit or forbid specific transactions To set the initial status as Created or Released.
Which of the following statements best describe Product Cost by Period?
There are THREE correct answers for this question 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.
You want to maintain a cost component structure. What can you determine for each cost component?
There are THREE correct answers for this question Relevance of cost component to inventory valuation Relevance of cost component for results analysis Assignment of cost component to cost component group Relevance of cost component to goods manufactured Assignment of cost component calculation base for overhead costing sheet.