|Which of the following configuration settings are used for calculating work in process (WIP)?
There are three correct answers. Create settlement profile Define assignment of cost elements Define update Create allocation structure Define posting rules.
Which order status is relevant for creating WIP calculations when using controlling by order? Created Delivered Partially delivered Technically completed.
Product cost collectors calculate WIP and variances each period. What is the calculation for variance? Actual Debits + Scrap − Goods Receipt Actual Debits − Goods Receipt − WIP Actual Credits − Goods Receipt − WIP − Scrap Actual Credits − WIP − Scrap.
The setting that controls settlement by PER (periodic) or FUL (full) is determined by which of the following? Settlement profile Allocation structure Settlement type.
In controlling by sales order, when using a sales order with an assigned pro- duction order and valuated sales order stock. Which process is used to post costs to the sales order in SAP S/4HANA?
There are two correct answers. Production order confirmation Delivery from production order to sales order stock Production order settlement Externally procured sales order stock.
When using controlling by sales order, to which object do you settle values of results analysis? Profit center Cost center Segment Profitability segment.
Which tasks can be performed on a production order in a controlling by sales order scenario with valuated stock?
There are two correct answers. Perform results analysis Transfer reserves for realized costs Settle the production variances to CO-PA Calculate production variances.
In controlling by sales order, the planned value can come from which of the following?
There are two correct answers. Pricing conditions on the sales order Unit costing Product costing Cost estimate of the planned production order.
In controlling by order, if the order has neither status delivered nor status technically completed, WIP is calculated based on which of the following? Actual cost Target cost Plan cost.
What needs to be specified to calculate WIP for a product cost collector? Default rule Order type Results analysis key Settlement type.
Using a production order, which of the following could cause a difference between the standard cost estimate and the planned cost for the order? Different order types Different results analysis keys Different costing variants.
For cost objects with the settlement type PER, how is WIP calculated? Based on the standard cost estimate Based on target costs Based on actual costs for the orders.
What can cause production order variances?
There are two correct answers. Using the wrong order type Debits to the order in excess of the credits Consuming unplanned materials The splitting profile.
When using controlling by sales order, which of the following applies to results analysis? Individual/collective indicator Non-valuated stock Determining the percentage of completion.
What is the purpose of a splitting profile?
There are two correct answers. To post variance categories to CO-PA value field To provide more variance information in the G/L To post variance categories to separate G/L accounts To determine which variance categories to calculate.
When using controlling by period, how is decoupling the cost object from the production order accomplished? Create a new order type Select the Cost Collector indicator on the logistics order typ Assign the settlement type PER.
Product cost collectors and logistics production orders are linked through which of the following? The results analysis key The production process The order numbers.
True or False: Simultaneous costing refers to the valuation phase when WIP is calculated. True False.
True or False: Product cost collectors can calculate WIP and variance in each accounting period. True False.
True or False: Unvaluated stock can be used with the costing by period scenario. True False.
True or False: Unit costing can produce a cost component split. True False.
True or False: All order values flow through the profit and loss section of the income statement. True False.