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TFIN22_2 - Management Accounting II (SAP CO Certificati Description: TFIN22_2 - Management Accounting II (SAP CO Certificatiton) Author: Kinney Other tests from this author Creation Date: 27/10/2010 Category: Others Number of questions: 33 |
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What does a controlling area represent? The controlling area is an organization unit delimiting the independen cost accouting operations of the organization, such as cost center accounting,profit center accounting, and order accouting. Company codes are assigned to controlling areas when organizational structures are defined. In costing-based Profitability Analysis, _____ store the base quantities and amounts for reporting. State the importance of the fiscal year variant in an operating concern. The fiscal year variant determines the number of posting periods for each fiscal year. Each controlling area assigned to the operating concern and each company code assigned to each of those controlling areas can have its own fiscal year variant. The variant you choose for the operating concern must agree with that of the other areas. Which of the following is the highest level within CO-PA? Operating Concern Controlling area Company Code Plant. The characteristics, such as "sales organization", "customer", "and produc", are predefined automatically for every operating concernt and are known as _____. . In costing-based Profitability Analysis, the actual data is always updated in the company code currency. True False. To define data structures, you need to copy the required characteristics and value fields of the operating concern. True False. _____ -base CO-PA stores its transaction data in its own data tables, which are created when activating and generating the operating concern. If you want to implement an operating concern template as a template for your Profitability Analysis, you first need to copy it using the copy function under _____. . What must be done after you generate the operating concern, and before you activate Profitability Analysis for data entry? After you generate the operating concern and before you activate Profitability Analysis for data entry, you need to add the valid characteristic values to the check tables generated for the new characteristics. You don't need to do anything. Costing-based CO-PA stores its transaction data in the transaction data tables for Overhead Cost Management. True False. Advantages of operating concern templates: Enable you to gain an insight into Profitability Analysis without the need to perform extensive Customizing. Operating concern templates simplify the Customizing in the profitability analysis. If necessary, you can adjust your Customizing settings for an operating concern template as required, copy these and then use the copied and adjusted operating concern productively. _____ supplements automatically mapped characteristics values. What all can a valuation strategy contain? A valuation strategy can contain CO-PA costing sheets, SD pricing procedures, product costing calls, and user exit calls in a sequence that can be customized. Nothing. What is a derivation strategy? Derivation strategy is a sequence of steps, where each step uses one derivation technique to calculate one or more values for one or more characteristices, respectively. None. A _____ consists of a number of different steops, which derive different characteristic values. Characteristic derivation signifies the process to determine the characteristic values for all CO-PA characteristics. True False. What is a table lookup? A table look up is a derivation technique that is utilized by CO-PA to access the characteristics values from SAP master data tables. None. The system automatically creates a standard derivation strategy for each operating concern. True False. What is the Product costing module used for? The Product Cost Controlling (CO-PC) module is used to generate the product cost estimates for materials None. The scale basis determines how the system interprets the value or quantity scale for a condition. These scales can be dependent on a _____ or a _____. quantity, curreny amount currency ammount, quantity. Identify the actual value flows that can be analyzed using the value field analysis function. Transfer of billing documents Income sales order from Sales and Distribution Direct postings from FI and MM Actual costs. Using a _____, you can determine which cost estimate should be used with which validity date for valuation. What do costing sheets consist of? a sequence of user-defined condition types, each of which access a value or performse specific calculations, as dictated by the definitions of the condition types nothing. The value field analysis function enables you to analyze all the flows of actual data to Profitability Analysis. True False. _____ and discounts are transferred to profitability segments in Profitability Analysis at the point of billing in Sales Order Management. . How are production variances calculated? The difference between the actual costs of goods manufactured and standard costs. None. One of the important tasks in Customizing for the costing-based CO-Pa is to assign your costs and revenues to the required value fiends. True False. _____ in the costing-based CO-PA contain the amounts and quantities on which you want to report. You can transfer the overhead costs from Cost Center Accounting either on an activity-allocation or a _____ basis. What all can you settle in SAP R/3? internal orders (CO) sales orders (SD) projects (PS) production orders. The _____ application component provides an alternative form of overhead control. IN _____, costs are settled to the settlement cost element specified in the settlement structure. |
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