Which process can you use to credit internal orders during period-end closing?
Please choose the correct answer. Assessment Distribution Indirect activity allocation Periodic reposting.
How can you configure cycles for period-end allocation?
There are TWO correct answers for this question. Create cycles that iterate with each other Use different allocation rules within one segment Define allocation for the same cost center in multiple segments Assign several segments to a cycle.
Which statement best describes the Query Browser for reporting?
Please choose the correct answer. It is available as an additional license product in SAP S/4HANA. It is a strategic analytical tool in SAP S/4HANA. It is a desktop browser that integrates with SAP S/4HANA. It is a design studio app that comes as standard SAP Fiori content.
You want to understand why costs are collected on sales order item level. What do you need to check in the configuration?
There are 3 correct answers to this question. Valuation variant Requirements class Account assignment category Costing type Requirement type.
To which objects do you settle values of the results analysis?
There are TWO correct answers for this question Profit center Profitability segment Segment Cost center.
Where do you activate commitment management for internal orders?
There are TWO correct answers for this question In the company code In the budget profile In the controlling area In the order type.
How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?
Please choose the correct answer. 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 key figure By defining the characteristic value as a value field.
Which receiver must be allowed in the settlement profile of a product cost collector?
Please choose the correct answer. Material Cost center Business process Order.
Which key performance indicators (KPIs) does profit center accounting help you report?
There are TWO correct answers for this question. Return on capital expenditure investment Impact on sales of a marketing activity Contribution of new customers to gross revenue Profit contribution of a department.
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 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. Reporting on data is available in real-time at every level of detail.
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?
Please choose the correct answer. Costing type Costing version Transfer control Reference variant.
You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?
Please choose the correct answer Periodic reposting Assessment Indirect activity allocation Distribution.
What is the difference when you perform repost line items (TA: KB61) compared to manual reposting of costs (KB11n) for a cost center?
There are TWO correct answers for this question There is the option to assign the line item to several receiver objects The report of the line item is updated in the original FI document The line item values are validated against the original document The line item needs a reference to an FI document.
When trying to assign a profit center to a new cost center, you receive an error. What can cause this error?
Please choose the correct answer. The profit center has already been assigned to a different cost center The validity period of the cost center is shorter than that of the profit center The lock indicator is activated in the profit center master record The validity period of the profit center is shorter than that of the cost center.
How does SAP S/4HANA select line-item-based data for costing-based Profitability Analysis reports?
Please choose the correct answer. It selects actual data from table ACDOCA and plan data from table COSP. It selects actual data from table CE2XXXX and plan data from table CE3XXXX. 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.
Which views can you use to analyze the costing results within the costing run tool?
There are THREE correct answers for this question. Analysis report Material list report Costing levels report Variance report Work in progress report.
What do you use to map the primary cost component split to the production cost component structure?
Please choose the correct answer. Assignment scheme Transfer structure Allocation structure Cost Component groups.
To which object do you assign a costing sheet?
Please choose the correct answer. Costing variant Cost component structure Transfer control Valuation variant.
When you create a planning layout, which objects can you use to define the data columns?
There are THREE correct answers for this question. Value fields Distribution key Characteristics Formulas Summarization level.
What master data objects can you set up using time-based fields?
There are 2 correct answers to this question. Standard hierarchies Statistical key figures Activity types Cost centers.
Which objects can you plan in cost center accounting?
There are THREE correct answers for this question. Secondary cost accounts Non-operating expense accounts Statistical key figures Balance sheet accounts Activity prices.
Which object do you have to assign the cost component structure to?
Please choose the correct answer. Valuation variant Costing type Costing variant Material master record.
You want to set up budget availability control for your projects and internal orders. What can you check using budget availability control?
There are 2 correct answers to this question. The availability of funds on period level The availability of funds using overall plan value The availability of funds according to tolerance limits The availability of funds in object currency.
At which level do you define the valuation method for results analysis?
Please choose the correct answer. Company code Sales organization Operating concern Controlling area.
What do you do to create a primary cost component split?
There are TWO correct answers for this question Run an activity price calculation Assign a cost component structure to the CO-version Use the cost splitting tool on cost centers Enter split activity prices manually.
In a standard system delivery, how many characteristics can be added to an operating concern?
Please choose the correct answer. 0-70 71-100 101-150 Over 150.
Independent from the cost object, which parameters are always contained in a costing variant?
There are TWO correct answers for this question. Transfer control Reference variant Valuation variant Costing type.
Which tasks can you perform on a production order in a make-to-order scenario with valuated stock?
There are TWO correct answers for this question. Settle the variances to CO-PA Calculate production variances Transfer reserves for realized costs Perform results analysis.
What are some of the unique attributes of an assessment cycle in Controlling?
There are 2 correct answers to this question. They transfer primary and secondary costs. They transfer only primary costs. They use the original cost element during transfer. They use a secondary cost element during transfer.
What are the benefits of using valuated sales order stock compared to non-valuated sales order stock?
There are TWO correct answers for this question. Production order settlement to sales order Combined quantity and value flow analysis Production cost calculation Simplified inventory value determination.
What does the internal order settlement profile define?
There are THREE correct answers for this question. Whether settlement is necessary The valid receivers Whether commitment management is necessary The template allocation The accounting document type.
You are configuring internal order settlement. Where do you define which cost elements should be settled, using either the original or settlement cost elements?
Please choose the correct answer. Allocation structure Settlement rule Settlement profile Template.
Which cost estimates must you reuse with the transfer control functionality?
Please choose the correct answer. Cost estimates with same cost component structure Cost estimates across company codes Cost estimates with quantity structure Cost estimates within the same plant.
You want to enable WIP calculation in Product Cost by Period. What do you need to configure?
Please choose the correct answer. Profitability Analysis (PA) transfer structure Valuation variant Settlement profile Variance variant.
What is the highest reporting level in management accounting?
Please choose the correct answer. Operating concern Controlling area Profit center Company code.
Which default values can you configure for the product cost collector?
There are 2 correct answers to this question. Costing variant for preliminary costing Results Analysis (RA) version Results Analysis (RA) key Variance variant.
Which object can you select for reporting in costing-based Profitability Analysis, and NOT in account-based Profitability Analysis?
Please choose the correct answer. Cost element Record type Company code Period/year.
Which configuration is possible when you assign multiple company codes to a controlling area in SAP S/4HANA?
Please choose the correct answer. The company code operational chart of accounts may differ from the controlling area operational chart of accounts The company code fiscal year variant may differ from the controlling area fiscal year variant in the number of periods and number of especial periods The company code fiscal year variant may differ from the controlling area fiscal year variant In the number of special periods The company code currency may differ from the controlling area currency.
Which of the following steps are part of the procedure to update the standard price of the material?
There are 2 correct answers to this question. Release the cost estimate. Mark the cost estimate. Split the costs. Archive the cost estimates.
What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item?
There are 2 correct answers to this question. The material in the sales order item is a service. The sales order item is a cost object. The sales order item is assigned to a project. Profitability Analysis (CO-PA) is activated.
In a make-to-order scenario, you use a sales order with an assigned production order and non-valuated sales order stock. Which process do you use to post actual costs on a sales order in SAP S/4HANA?
There are TWO correct answers for this question. Production order settlement External goods receipt on sales order stock Delivery from production order to sales order stock Production order confirmation.
How can you define the overhead rate in a costing sheet?
There are 2 correct answers to this question. As percentage rate As equivalence number As lot-based surcharge As quantity-based surcharge.
What are some of the objectives of Profitability Analysis?
There are 2 correct answers to this question. 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 if the sales force achieved their contribution margin goals. Allow the company to determine standard costs and revenues according to the period accounting method.
Which parameters are controlled by the costing type in a costing variant?
There are 2 correct answers to this question. Save with date key Price updates Price for materials Costing sheet.
Which of the following statements are applicable to SAP S/4HANA embedded analytics?
There are 2 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 uses core data services (CDS) views to create virtual data models (VDMs) for reporting. 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.
Which object can you configure t offset overhead surcharges for a cost object?
There are THREE correct answers for this question. Profitability segment Business process Profit center Cost center Internal order.
Which statement best describes a cost center standard hierarchy?
Please choose the correct answer. It is grouped together with alternative hierarchies to represent decision control and responsibility units. It represents an organizational 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 a structure to which all the cost centers within a controlling area are assigned.
What is the default option for planning profit center values in SAP S/4HANA?
Please choose the correct answer. Profitability analysis planning Financial accounting planning Business planning and consolidation Management accounting planning.
A profit center standard hierarchy contains all profit centers that are assigned to which organizational unit?
Please choose the correct answer. Client Plant Controlling area Operating concern.
In the material master record there are three planned prices. What do you use them for?
Please choose the correct answer. To valuate goods movement To valuate the materials in cost estimates To valuate material stocks To update the standard price during the release of a standard cost estimate.
Which parameters can you enter when you create a costing run?
There are THREE correct answers for this question. Costing variant Valuation variant Production version Transfer control Costing version.
When you configure period-end closing, which accrual calculations methods can you use?
There are TWO correct answers for this question. Statistical key figure Percentage Target equals actual Template.
Which activity do you perform during period-end in profit center accounting?
Please choose the correct answer. Post activity allocation Execute template allocation Settle costs Process distribution cycles.
For which revenue-carrying cost objects does the system perform results analysis?
There are 3 correct answers to this question. Cost center Business processes Internal order Work breakdown structure Customer service orders.
You post an expense line in an accounting document and enter an internal order and a cost center as the account assignments. After posting, the system allows you to settle the posted values from the internal order. Which settings do the cost center and internal order have?
Please choose the correct answer. Real internal order
Statistical cost center Statistical internal order
Statistical cost center Statistical internal order
Real cost center Real internal order
Real cost center.
Which costs exist in SAP S/4HANA?
There are TWO correct answers for this question. Secondary costs with G/L account Secondary costs without G/L account Primary costs without G/L account Primary costs with G/L account.
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 3 correct answers to this question. To permit or forbid specific transactions To define the user status To set the initial status as Created or Released To activate the CO partner update To define users for the order.
Which of the following 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.
Which statements are relevant to the cost of sales accounting method in profitability management?
There are 2 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 match revenues for goods and services against sales-related expenses. It aims to summarize activity and situational change for a given organizational unit over a period of time.
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 objects can statistical key figures be applied to?
There are 2 correct answers to this question. Functional areas Profit centers General ledger accounts Cost centers.
Which settings can you configure per order type for the budget and availability control?
There are TWO correct answers for this question. Budget tolerance limits Budget data entry layout Design budget manager Budgeting on cost element level.
Which characteristic of an internal order does the order type control?
Please choose the correct answer. Time period for which the order is valid Controlling areas the order is assigned to Budget profile assigned to the order Types of costs posted to the order.
What parameters can you set up when defining order types?
There are 2 correct answers to this question. Allow revenue postings. Set up work lists. Define document type. Define default parameters for master record fields.
On which organizational level do you maintain profit center accounting in SAP S/4HANA?
Please choose the correct answer. Operating concern Financial statement version Company code Controlling area.
On which document in the sales process is the profit center initially entered?
Please choose the correct answer. Sales inquiry Goods issue Service contract Sales order.
How do you maintain number intervals/ranges in Controlling?
Please choose the correct answer. By posting key By document type By company code By business transactions.
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA?
There are 2 correct answers to this question. It takes precedence over validation and substitution. It can be defined for postings on general ledger accounts of secondary costs type. It can be overwritten in the application. It can be defined for postings on general ledger accounts of primary costs type.
In your company, you tend to go through many reorganizations leading to extra master data maintenance work. Which grouping functionality can save you time maintaining profit center groups?
Please choose the correct answer. Defining flexible hierarchies Configuring derivation rules Creating multi-dimension sets Copying groups with suffix.
How can you configure the transfer price solution in SAP S/4HANA?
There are 2 correct answers to this question. Use separate ledgers for each valuation. Use separate currency types within the same ledger for each valuation. Use separate segments for each valuation. Use separate accounts for each valuation.
Which of the following statements best describe Product Cost by Period?
There are 2 correct answers to this question. It is used when the focus of controlling is on a stable and continuous production process. It is used for joint production with process orders. It is used in conjunction with a product cost collector. It is used to analyze work in process based on actual costs.
How can you populate local variables in Profitability Analysis reports?
Please choose the correct answer. By user entry during report execution By user exit By Business Add-In By populating from user parameters.
In which module do you process profit center allocations in SAP S/4HANA?
Please choose the correct answer. General Ledger Accounting Product Cost Accounting Profit Center Accounting Cost Center Accounting.
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