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 in both the company code and the order type. Activate commitment management only in the order type. Activate commitment management in both the controlling area and the order type. Activate commitment management only in the controlling area.
During posting, from which object does the system first derive the profit center if the profit center is NOT directly assigned to a network activity?
Please choose the correct answer. Project definition Network header Dummy profit center WBS element.
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?
Please choose the correct answer. Functional area Activity type Cost center category Cost center type.
At which level can you assign a valuation strategy in CO-PA?
There are TWO correct answers for this question Record type Point of valuation Costing key Sales order type.
Which objects do you use when you assign costs and revenue to the value fields in costing-based CO-PA?
Please choose the correct answer. Transfer structure Allocation structure Allocation template Overhead group.
You want to use a template to consider overhead during product costing. How do you assign the template to your material?
Please choose the correct answer. Using a special procurement type and an overhead group Using an origin group and an overhead group Using an overhead group and an overhead key Using a profit center and an overhead key.
Which attributes can you configure in the activity type master record?
There are 3 correct answers to this question. Company code Price indicator Valid cost center categories Activity type category CO version.
How can you define a dynamic group for internal orders?
Please choose the correct answer. Use wild cards in the order codes assigned to nodes Assign a selection variant to an end node Define an order coding mask for order types Create a substitution rule for mass changes.
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 results analysis?
Please choose the correct answer. Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200 Revenue = 1500; Cost of sales = 1000; Revenue surplus = 300 Revenue = 1200; Cost of sales = 1000; Revenue surplus = 200 Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300.
What action do you perform to use the Cost-Based Percentage of Completion (POC) method?
Please choose the correct answer. Running the results analysis Costing of an order Billing of a sales order during production Setting to profitability analysis.
You perform a settlement with a primary cost account which is different from the cost account you used to post the original expense. Which object is a valid receiver for the settlement?
Please choose the correct answer. WBS element Internal order Cost center Fixed asset.
Which processes belong to the “final costing” of cost objects?
There are TWO correct answers for this question. Work in process Variance calculation Revaluation at actual costs Overhead surcharge.
What can you specify when you create an activity type?
There are THREE correct answers for this question. The valid receiving cost center types The valid sending cost center types The activity type category for allocation The primary costs G/L account for internal activity allocation The secondary costs G/L account for internal activity allocation.
Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA?
Please choose the correct answer. Field status group Account type Account currency Account group.
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?
Please choose the correct answer. Periodic accounting-based Both account-based and costing-based Costing-based only Account-based only.
You want to maintain a cost component structure. What can you determine for each cost component?
There are 3 correct answers to this question. Assignment of cost component to calculation base for overheads in costing sheet Relevance of cost component to results analysis Relevance of cost component to goods manufactured Relevance of cost component to inventory valuation Assignment of cost component to cost component group.
How does SAP S/4HANA capture costs?
There are 2 correct answers to this question. Only primary costs are captured in general ledger accounts. All primary and secondary costs are captured by creating them as cost elements. Secondary costs are captured as secondary cost elements, and NOT as general ledger accounts. Primary and secondary costs are captured in general ledger accounts.
Your customer uses account-based CO-PA. Which sales documents create an account-based CO-PA line item for each standard ledger in the universal journal table in SAP S/4HANA 1809?
There are TWO correct answers for this question Goods issue Sales order Goods receipt Billing.
Which objects are predefined characteristics in SAP S/4HANA?
There are THREE correct answers for this question. Plant Controlling Area Product category Company code Region.
Which customizing do you use for calculating work in progress (WIP)?
There are THREE correct answers for this question Assignment table Allocation structure table Update table Posting rule table Settlement profile table.
You are executing an indirect activity allocation. What do you post to the sender and receiver?
Please choose the correct answer. You post quantity and cost to both the sender and receiver. You post both quantity and cost to the receiver, and cost only to the sender. You post both quantity and cost to the sender, and cost only to the receiver. You post cost only to both the sender and receiver.
At what level do you create the structure of the operating concern?
Please choose the correct answer. Client level Sales organization level Controlling area level Company code level.
What is required before you can create a multi-level material cost estimate without quantity structure?
Please choose the correct answer. Specific costing variants for material costings without quantity structure Specific valuation variants for material costings without quantity structure Material master with accounting view and with MRP views Material master with costing view.
For which objects can you revaluate activities and business processes at actual prices?
There are THREE correct answers for this question. Profit centers Work centers Work breakdown structure elements Cost centers Profitability segments.
Which object do you configure to reuse material cost estimate for the costing process?
Please choose the correct answer. Valuation variant Transfer control Group costing Quantity structure control.
You post a billing document in Sales and Distribution (SD). What data flows to Profit Center Accounting?
There are 3 correct answers to this question. Payment discount Accruals Order quantity Revenues Sales deductions.
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?
There are 2 correct answers to this question. The type of the corresponding general ledger account must be primary cost/revenue or secondary cost. The type of the corresponding general ledger account must be balance sheet. Costing-based Profitability Analysis must be active. Account-based Profitability Analysis must be active.
Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA?
Please choose the correct answer. CE1XXXX ACDOCA BSEG COEJ.
Which activities can you perform while you create cost center hierarchies?
There are 2 correct answers to this question. Assign a standard hierarchy to several controlling areas. Append nodes and cost centers to a node of the standard hierarchy. Create a cost center without specifying a standard hierarchy. Reassign a cost center to another node of the standard hierarchy.
How do you define the relationship between an operating concern and a controlling area?
Please choose the correct answer. One-to-many (1:N) Many-to-many (N:N) Many-to-one (N:1) One-to-one (1:1).
You are posting a purchase order for a warehouse material. From which object is the profit center derived?
Please choose the correct answer. Cost center Plant Material master Business partner.
What are some of the characteristics of internal order planning?
There are 2 correct answers to this question. Tolerance limits are defined. Availability control is checked. Multiple versions are allowed. Costs are entered.
In the Product Cost by Order component, what does the system calculate depending on the order status?
Please choose the correct answer. Both WIP and variances or only variances WIP at target costs or variances WIP at planned costs or variances WIP at actual costs or variances.
When you define assessment cycles for the period-end closing in overhead cost accounting, which object can you assign to the cycle segment?
Please choose the correct answer. Costing sheet Template Settlement rule Allocation structure.
Which are mandatory attributes, when you create an operating concern with costing-based and account-based CO-PA?
There are TWO correct answers for this question Second period type Company code currency in costing-based CO-PA Fiscal year variant Operating Concern Currency.
You want to create alternative plan versions for your controlling area, in addition to version 000. What would you use additional CO versions for?
There are 2 correct answers to this question. To store parallel valuation To store different plan data To store actual-plan variance To store different budget data.
What must the referenced cost estimate and the receiving cost estimate have in common?
Please choose the correct answer. The cost component structure The company codes The quantity structure The plant.
When is the standard hierarchy of the controlling area created?
Please choose the correct answer. When the controlling area is defined When the first company code is assigned to the controlling area When the first cost center for a controlling area is created When the controlling area is assigned to the operating concern.
Which cost objects can only be controlled by period?
There are TWO correct answers for this question Production order Product cost collector Process order Cost object hierarchy.
Which main elements do you configure for the overhead costing sheet?
There are Three correct answers for this question Overhead rate Credit key Revaluation rate Calculation base Allocation structure.
In an SAP S/4HANA system, you have two profit centers with the same profit center code and the same validity period, but different names. What does this indicate about the configuration of the profit centers?
Please choose the correct answer. They are assigned to different segments They are assigned to different functional areas They are defined in separate controlling areas They are defined in separate company codes.
Which order status is relevant for creating work in process (WIP) calculations when you use Product Cost by Order (PCO)?
Please choose the correct answer. Partially released Created Technically completed Delivered.
When do you use an assessment instead of a distribution?
There are TWO correct answers for this question. When you need the option to reverse the cycle as often as required When you need to transfer secondary costs When you want to view the original cost elements on the receiver When you want to consolidate allocated expenses.
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?
Please choose the correct answer Template Cycle iteration PA transfer structure Tracing factor.
You are using availability control in your SAP S/4HANA system. Which documents can cause the system to raise a warning message when the budget was exceeded?
There are TWO correct answers for this question Goods issue from order Purchase requisition Incoming invoice Outgoing payment.
You are setting up costing-based Profitability Analysis for your organization. How do you configure the different market segments?
Please choose the correct answer. As value fields As divisions As key figures As characteristics.
Which of the following statements best describe Product Cost by Order?
There are 2 correct answers to this question. It is recommended for products with a long production time. It is used when you perform repetitive manufacturing. It is used when controlling by individual production lots or discrete quantities is needed. It is used when full cost traceability is needed.
What are some of the characteristics of Profit Center Accounting in SAP S/4HANA?
There are 2 correct answers to this question. It is integrated in the universal journal. It is possible to derive the profit center from the segment in configuration. It can be used with period and/or cost of sales accounting. It can be used in the settlement rule for internal orders.
You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this?
There are 2 correct answers to this question. 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 By marking the cost indicator in the control key assigned to the operation.
Which are levels of internal order planning?
There are TWO correct answers for this question Group costing Overall planning Primary and secondary cost and revenue planning Integrated planning.
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 drilldown functions?
Please choose the correct answer 2 - Level 2 0 - ALL 3 - ALL 1 - Level 1.
Where can you adjust the automatic account assignment?
There are TWO correct answers for this question Default account assignment (TA: OKB9) G/L account (TA: FS00) Substitution (TA: GGB1) Cost center (TA: KS01).
You have implemented Product Cost by Sales Order in conjunction with revenue-based 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 results analysis?
Please choose the correct answer. Revenue = 1200; Cost of sales = 800; Reserve = 200 Revenue = 1200; Cost of sales = 1000; Reserve = 200 Revenue = 1200; Cost of sales = 800; WIP = 200 Revenue = 1200; Cost of sales = 1000; WIP = 200.
Your customer defined one distribution cycle in SAP S/4HANA. You need to define a new distribution cycle. How can you ensure the new cycle is executed only after the existing one is completed?
Please choose the correct answer. Assign each cycle to a different cycle run group Select iteration in the cycle header of the new cycle Select iteration in the cycle header of both cycles Assign both cycles to the same cycle run group.
Which object controls the tiles a business user can assign to their SAP Fiori launchpad?
Please choose the correct answer. Tile group App library App finder Tile catalog.
Which currency types can you use for costing-based CO-PA?
There are TWO correct answers for this question Controlling area currency Company code currency Operating concern currency Group currency.
You enter the actual activity quality for work and vacation in the cross-application time sheet. Which options can you choose in the master data of the activity type to ensure the quantities and values are posted in Management Accounting?
There are TWO correct answers for this question Indirect determination, indirect allocation Manual entry, indirect allocation Manual entry, no allocation Manual entry, manual allocation.
You use a production order with Product Cost by Period and you entered a results analysis key and variance key. How does the system calculate variances in Product Cost by Period?
Please choose the correct answer. Variances = Actual costs - Delivery value Variances = Actual costs - Delivery value - WIP Variances = Target costs - Delivery value Variances = Target costs - Delivery value - WIP.
What can you use to difference two or more cost estimates for the same material?
There are TWO correct answers for this question Costing version Costing variant Valuation variant Transfer control.
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 price calculation and invoicing are needed to facilitate intercompany reconciliation. Parallel accounting is needed in order to be compliant with different accounting principles. Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
What can you configure in the settlement profile?
There are 2 correct answers to this question Define document management parameters. Define a number range for settlement documents. Determine an overhead key. Determine whether settlement is required.
What does the calculation of a condition type in the costing sheet of CO-PA depend on?
There are 2 correct answers to this question. Valuation Calculation type Segment Condition class.
What can you analyze in detail when you transfer the cost component split from product cost planning to costing-based CO-PA?
Please choose the correct answer. Cost of goods manufactured Cost of goods sold Sales revenues Variance categories.
Which Customizing for Document Splitting settings do you maintain to ensure that financial statements can always be produced separately for each profit center?
Please choose the correct answer. Zero-balance Inheritance Dummy profit center Standard account assignment.
Which criteria do you use to specify the G/L account for the work in process (WIP) settlement?
There are THREE correct answers for this question. Results analysis profit center Results analysis method Results analysis cost element Results analysis category Results analysis version.
What do you get if you mark a standard price cost estimate?
There are TWO correct answers for this question A new status in the cost estimate A cost-based CO-PA document for material revaluation An accounting document for material ledger A future standard price.
When you create a profit center, what company code(s) is it assigned to by default?
Please choose the correct answer. All company codes within the operating concern All company codes where profit center is activated All company codes, irrespective of controlling area All company codes within the controlling area.
Which management accounting currencies can you use for evaluation when you use cross-company-code cost accounting?
There are THREE correct answers for this question Transaction currency Controlling area currency Reference currency Company code currency Object currency.
You want to settle primary cost elements and secondary cost elements to different receivers. What do you use?
Please choose the correct answer. Source structure Allocation structure Overhead structure PA transfer structure.
What do you need to define in order to report variable costs that refer to the cost component split in account-based CO-PA?
There are TWO correct answers for this question A variable cost field in ACDOCA A cost splitting profile A price difference profile A calculation formula.
To which objects do you assign the elements of the cost component split to ensure the transfer of costing to costing-based CO-PA?
Please choose the correct answer. Segments G/L accounts Value fields Controlling areas.
Which functionalities can create primary cost component splits?
There are 2 correct answers to this question. Settlement of internal orders Business processes price calculation Execution of the assessment cycles Cost center/activity type price calculation.
Which of the following values can be calculated using results analysis?
There are 3 correct answers to this question. Work in progress Cost of sales Gross margin Reserves for unrealized costs Cost of goods manufactured.
You want to use a template for activity and process assignment to your material cost estimate. What do you need to do?
Please choose the correct answer. Assign a template to an operation in the routing of the material Use the template allocation function in the material cost estimate and the costing run Assign a template directly to costing view 1 of the material master record Use the costing sheet of the costing view 1 in the template determination table.
Why would you use manual cost allocation in Controlling?
There are 2 correct answers to this question. To run simple allocations of actual data To allocate costs using an allocation cycle To correct secondary postings To run simple allocations of plan data.
What values flow from Sales and Distribution billing to costing-based Profitability Analysis?
There are 2 correct answers to this question. Revenue Maintenance overhead costs Accrued production overhead Sales deductions.
What can you manage via the account assignment category?
There are 2 correct answers to this question. Valuated sales order stock Separate sales order stock Costing variant Product cost by sales order.
How does the system derive the requirement type from the material master data?
There are 2 correct answers to this question. Strategy group -> planning strategy -> requirements class -> requirements type MRP group requirements class -> planning strategy -> requirements type Strategy group -> planning strategy -> requirements type MRP group -> strategy group -> planning strategy -> requirements type.
What are some of the characteristics of SAP Core Data Services (CDS) views?
There are 3 correct answers to this question. CDS views have no latency. CDS views are considered system modifications. CDS views support authorizations. CDS views duplicate data for reporting efficiencies. CDS views have ready-to-use content.
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.
How is that possible?
There are 2 correct answers to this question. The cost element is exempted from budget availability control The purchase order was entered in a different year than the budget. The purchase order has NOT generated a budget document yet. The difference of 1000 is within the tolerance limits defined in the configuration.
You want to prevent periodic cost fluctuations. Which activity should you choose to distribute irregular expenses to the relevant periods?
Please choose the correct answer. Variance calculation Accrual calculation Periodic reposting Cost splitting.
Which of the following objects can be selected in templates for activity-based costing?
There are 2 correct answers to this question. Internal order Cost center/activity type Business process WBS element.
You want to set up integrated planning for your internal orders. What do you need to do?
There are 2 correct answers to this question. Set the relevant indicator in the controlling area. 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 internal order master record.
What can you do with statistical internal orders?
Please choose the correct answer. Settle costs to a cost center. Simultaneously post to a cost center. Transfer posting to another internal order. Apply overhead rates to the internal order.
You are setting up a direct internal activity allocation in SAP S/4HANA. What are valid receivers for the activity?
There are 3 correct answers to this question. Statistical overhead order Sales order item Cost center General ledger account Network.
Which component provides insight into the effectiveness and results for areas of responsibility within the enterprise?
Please choose the correct answer. Results analysis Profit center accounting Revenue accounting and reporting Profitability analysis.
In which SAP S/4HANA components can you report the results of the results analysis?
There are 3 correct answers to this question. Profitability analysis Inventory management Profit center accounting Sales and distribution Financial accounting.
Which scenarios can be covered by the costing run?
There are 2 correct answers to this question. Standard cost estimate of all the materials in all plants of a controlling area Current cost estimate of all the materials in all controlling areas Inventory cost estimate of all the materials in one plant Product cost collector cost estimate in one plant.
Which process determines the target costs of the cost object in a product cost by order scenario?
Please choose the correct answer. Actual costs calculation Accrual calculation Variance calculation Work in progress (WIP) calculation.
Which of the following are typical activities of the sales planning phase in SAP S/4HANA?
There are TWO correct answers for this question. Transfer of GL account data Top-down distribution Manual entry of data Bottom-up distribution.
Which controls can you set when you determine a characteristic derivation?
There are 3 correct answers to this question. Valuation calculation System response when unsuccessful Display authority Overwriting authority Conditions for execution.
You need to analyze different planning scenarios for cost centers. With which object do you differentiate the planning scenarios?
Please choose the correct answer. Operating concern Cost center group CO version Company code.
Which customizing activity do you perform in overhead cost controlling?
Please choose the correct answer. Create value fields Define cost center categories Define company centers categories Maintain costing variant parameters.
When do you select the percentage method for accrual calculation?
There are TWO correct answers for this question When you accrue activity-independent costs and an appropriate cost element is NOT available When you accrue activity-independent costs and an appropriate cost element for defining overhead rates is available When you accrue activity-dependent costs and an appropriate cost element in NOT available When you accrue-dependent costs and an appropriate cost element for defining overhead rates is available.
You want to create cost centers for your company. What is the prerequisite to building an organizational structure for overhead cost controlling?
Please choose the correct answer. Cost center types Standard hierarchy top node Functional area Cost center categories.
You use a ledger, an additional standard ledger and an extension ledger. You post a general journal entry without indicating a ledger group. For which ledger(s) are separate line items posted in the universal journal?
Please choose the correct answer. All ledgers The standard ledgers The leading and extension ledgers The leading ledger only.
You need to assign a company code to a controlling area. Which settings must be identical for both organizational objects?
There are 2 correct answers to this question. Operational Chart of accounts Currency Operational Posting period Fiscal year variant.
What tasks are performed by the system during activity allocation?
There are TWO correct answers for this question The cost element is derived from the master data for the activity type The allocation amount is calculated based on the quantity and price of the activity 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.
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 assigned user status after a business transaction is executed The order types for which a user status is valid The business user IDs authorized to change the user status.
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?
Please choose the correct answer. Statistically figures with values for the period Activity types with actual or plan quantities maintained Cost accounts with the option to record quantity Settlement rules with valid receiver objects.
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