Which configuration is possible when you assign multiple company codes to a controlling area in SAP S/4HANA? 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 currency may differ from the controlling area currency The company code fiscal year variant may differ from the controlling area fiscal year variant In the number of special periods.
Which activities can you perform while you create cost center hierarchies?
There are 2 correct answers to this question. Create a cost center without specifying a standard hierarchy. Reassign a cost center to another node of the standard hierarchy. Assign a standard hierarchy to several controlling areas. Append nodes and cost centers to a node of the standard hierarchy.
Which process can you use to credit internal orders during period-end closing? Periodic reposting Indirect activity allocation Assessment Distribution.
You want to settle primary cost elements and secondary cost elements to different receivers. What do you use? Overhead structure Source structure PA transfer structure 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? They are assigned to different functional areas They are defined in separate company codes They are assigned to different segments They are defined in separate controlling areas.
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? Assign both cycles to the same cycle run group Select iteration in the cycle header of both cycles Select iteration in the cycle header of the new cycle Assign each cycle to a different cycle run group.
Which customizing do you use for calculating work in progress (WIP)?
There are THREE correct answers for this question Posting rule table Assignment table Allocation structure table Settlement profile table Update table.
Which cost objects can only be controlled by period?
There are TWO correct answers for this question Cost object hierarchy Product cost collector Process order Production order.
Which controls can you set when you determine a characteristic derivation?
There are 3 correct answers to this question. Valuation calculation Conditions for execution System response when unsuccessful Overwriting authority Display authority.
What can you analyze in detail when you transfer the cost component split from product cost planning to costing-based CO-PA? Variance categories Cost of goods sold Sales revenues Cost of goods manufactured.
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? A. Real internal order B. Statistical internal order C. Statistical cost center D. Real cost center.
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 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 want to view the original cost elements on the receiver When you need to transfer secondary costs When you want to consolidate allocated expenses.
Which objects can you plan in cost center accounting?
There are THREE correct answers for this question Statistical key figures Activity prices Non-operating expense accounts Secondary cost accounts Balance sheet accounts.
What can you define for a user status in the status profile? The assigned user status after a business transaction is executed The business user IDs authorized to change the user status The order types for which a user status is valid The versions for which you can enter plan data.
Which object do you have to assign the cost component structure to? Valuation variant Costing variant Costing type Material master record.
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 Billing Goods receipt Sales order Goods issue.
What must the referenced cost estimate and the receiving cost estimate have in common? The cost component structure The plant The company codes The quantity structure.
When is the standard hierarchy of the controlling area created? When the first cost center for a controlling area is created When the controlling area is defined When the controlling area is assigned to the operating concern When the first company code is assigned to the controlling area.
Independent from the cost object, which parameters are always contained in a costing variant?
There are TWO correct answers for this question Transfer control Costing type Reference variant Valuation variant.
What do you use to map the primary cost component split to the production cost component structure? Allocation structure Assignment scheme Transfer structure Cost Component groups.
A profit center standard hierarchy contains all profit centers that are assigned to which organizational unit? Controlling area Plant Client Operating concern.
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 Cost accounts with the option to record quantity Settlement rules with valid receiver objects.
What action do you perform to use the Cost-Based Percentage of Completion (POC) method? Running the results analysis Billing of a sales order during production Costing of an order Setting to profitability analysis.
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 confirmation Production order settlement Delivery from production order to sales order stock External goods receipt on sales order stock.
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 Operating Concern Currency Fiscal year variant Second period type Company code currency in costing-based CO-PA.
What do you do to create a primary cost component split?
There are TWO correct answers for this question Use the cost splitting tool on cost centers Enter split activity prices manually Run an activity price calculation Assign a cost component structure to the CO-version.
Which process determines the target costs of the cost object in a product cost by order scenario? Work in progress (WIP) calculation Variance calculation Accrual calculation Actual costs calculation.
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? Network header WBS element Project definition Dummy profit center.
For which revenue carrying cost objects does the system perform results analysis?
There are 3 correct answers to this question. Customer service orders Cost center Business processes Work breakdown structure Internal order.
How can you define a dynamic group for internal orders? Define an order coding mask for order types Create a substitution rule for mass changes Assign a selection variant to an end node Use wild cards in the order codes assigned to nodes.
What can you use to differentiate two or more cost estimates for the same material?
There are TWO correct answers for this question Costing variant Valuation variant Costing version Transfer control.
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 Incoming invoice Outgoing payment Goods issue from order Purchase requisition.
In which SAP S/4HANA components can you analyze the results of the results analysis?
There are 3 correct answers to this question. Profitability analysis Financial accounting Profit center accounting Sales and distribution Inventory management.
Which views can you use to analyze the costing results within the costing run tool?
There are THREE correct answers for this question Variance report Material list report Work in progress report Costing levels report Analysis report.
You want to use a template for activity and process assignment to your material cost estimate. What do you need to do? Use the costing sheet of the costing view 1 in the template determination table Assign a template to an operation in the routing of the material Assign a template directly to costing view 1 of the material master record Use the template allocation function in the material cost estimate and the costing run.
Which key performance indicators (KPIs) does profit center accounting help you report?
There are TWO correct answers for this question Contribution of new customers to gross revenue Profit contribution of a department Return on capital expenditure investment Impact on sales of a marketing activity.
Which are levels of internal order planning?
There are TWO correct answers for this question Overall planning Primary and secondary cost and revenue planning Group costing Integrated planning.
Which object do you configure to reuse material cost estimate for the costing process? Group costing Transfer control Valuation variant Quantity structure control.
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? Creating multi-dimension sets Defining flexible hierarchies Configuring derivation rules Copying groups with suffix.
On which organizational level do you maintain profit center accounting in SAP S/4HANA? Operating concern Company code Controlling area Financial statement version.
What does the calculation of a condition type in the costing sheet depend on?
There are 2 correct answers to this question. Valuation Condition class Segment Calculation type.
When you define assessment cycles for the period-end closing in overhead cost accounting, which object can you assign to the cycle segment? Template Costing sheet Settlement rule Allocation structure.
Which processes belong to the “final costing” of cost objects?
There are TWO correct answers for this question Revaluation at actual costs Variance calculation Work in process Overhead surcharge.
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 Manual entry, indirect allocation Manual entry, manual allocation Manual entry, no allocation Indirect determination, indirect allocation.
What is the highest reporting level in management accounting? Operating concern Company code Controlling area Profit center.
Which object controls the tiles a business user can assign to their SAP Fiori launchpad? Tile group Tile catalog App finder App library.
Which activity do you perform during period-end in profit center accounting? Process distribution cycles Settle costs Post activity allocation Execute template allocation.
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.
Where can you adjust the automatic account assignment?
There are TWO correct answers for this question Substitution (TA: GGB1) Default account assignment (TA: OKB9) Cost center (TA: KS01) G/L account (TA: FS00).
You are posting a purchase order for a warehouse material. From which object is the profit center derived? Material master Business partner Plant Cost center.
What does the internal order settlement profile define?
There are THREE correct answers for this question The valid receivers The template allocation Whether commitment management is necessary The accounting document type Whether settlement is necessary.
When trying to assign a profit center to a new cost center, you receive an error. What can cause this error? The validity period of the profit center is shorter than that of the cost center The validity period of the cost center is shorter than that of the profit center The profit center has already been assigned to a different cost center The lock indicator is activated in the profit center master record.
For which objects can you revaluate activities and business processes at actual prices?
There are THREE correct answers for this question Work breakdown structure elements Cost centers Work centers Profitability segments Profit centers.
To which objects do you settle values of the results analysis?
There are TWO correct answers for this question Cost center Profit center Profitability segment Segment.
Which cost estimates must you reuse with the transfer control functionality? Cost estimates with same cost component structure Cost estimates within the same plant Cost estimates with quantity structure Cost estimates across company codes.
What is required before you can create a multi-level material cost estimate without quantity structure? Specific valuation variants for material costings without quantity structure Material master with costing view Specific costing variants for material costings without quantity structure Material master with accounting view and with MRP views.
On which document in the sales process is the profit center initially entered? Sales order Sales inquiry Goods issue Service contract.
Which parameters can you enter when you create a costing run?
There are THREE correct answers for this question Costing variant Valuation variant Costing version Production version Transfer control.
Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA? Account currency Account type Field status group Account group.
Which order status is relevant for creating work in process (WIP) calculations when you use Product Cost by Order (PCO)? Partially released Technically completed Delivered Created.
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 cost element Results analysis version Results analysis category Results analysis method.
Where do you activate commitment management for internal orders?
There are TWO correct answers for this question In the controlling area In the company code In the order type In the budget profile.
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 Object currency Transaction currency Company code currency Controlling area currency Reference currency.
What is the default option for planning profit center values in SAP S/4HANA? Profitability analysis planning Business planning and consolidation Management accounting planning Financial accounting planning.
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 The line item needs a reference to an FI document There is the option to assign the line item to several receiver objects The report of the line item is updated in the original F1 document The line item values are validated against the original document.
Which main elements do you configure for the overhead costing sheet?
There are Three correct answers for this question Credit key Allocation structure Revaluation rate Overhead rate Calculation base.
What tasks are performed by the system during activity allocation?
There are TWO correct answers for this question The allocation amount is calculated based on the quantity and price of the activity The cost element is derived from the master data for the activity type The sender cost object is debited and the receiver cost object is credited A primary costs G/L account is used for debiting and crediting.
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 Simplified inventory value determination Combined quantity and value flow analysis Production cost 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 Top-down distribution Transfer of GL account data Manual entry of data Bottom-up distribution.
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 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 cost splitting profile A price difference profile A calculation formula A variable cost field in ACDOCA.
When you create a planning layout, which objects can you use to define the data columns?
There are THREE correct answers for this question Characteristics Formulas Summarization level Value fields Distribution key.
Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA? BSEG COEJ CE1XXXX ACDOCA.
Which characteristic of an internal order does the order type control? Budget profile assigned to the order Types of costs posted to the order Controlling areas the order is assigned to Time period for which the order is valid.
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? The leading and extension ledgers The leading ledger only The standard ledgers All ledgers.
To which objects do you assign the elements of the cost component split to ensure the transfer of costing to costing-based CO-PA? Segments G/L accounts Controlling areas Value fields.
When you configure period-end closing, which accrual calculations methods can you use?
There are TWO correct answers for this question Percentage Template Statistical key figure Target equals actual.
Which Customizing for Document Splitting settings do you maintain to ensure that financial statements can always be produced separately for each profit center? Zero-balance Dummy profit center Inheritance Standard account assignment.
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 for defining overhead rates is available When you accrue activity-independent costs and an appropriate cost element is NOT 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.
Which component provides insight into the effectiveness and results for areas of responsibility within the enterprise? Profitability analysis Profit center accounting Revenue accounting and reporting Results analysis.
At which level can you assign a valuation strategy in CO-PA?
There are TWO correct answers for this question Point of valuation Record type 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? Allocation template Transfer structure Allocation structure Overhead group.
How can you configure cycles for period-end allocation?
There are TWO correct answers for this question Assign several segments to a cycle Use different allocation rules within one segment Create cycles that iterate with each other Define allocation for the same cost center in multiple segments.
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? Cost center WBS element Fixed asset Internal order.
Which settings can you configure per order type for the budget and availability control?
There are TWO correct answers for this question Budget data entry layout Budgeting on cost element level Design budget manager Budget tolerance limits.
Which objects are predefined characteristics in SAP S/4HANA?
There are THREE correct answers for this question Plant Product category Region Controlling area Company code.
Which object can you configure to offset overhead surcharges for a cost object?
There are THREE correct answers for this question Internal order Profitability segment Cost center Business process Profit center.
You need to analyze different planning scenarios for cost centers. With which object do you differentiate the planning scenarios? Company code CO version Cost center group Operating concern.
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 Transfer reserves for realized costs Settle the variances to CO-PA Perform results analysis Calculate production variances.
Which customizing activity do you perform in overhead cost controlling? Maintain costing variant parameters Define cost center categories Define cost centers categories Create value fields.
What can you specify when you create an activity type?
There are THREE correct answers for this question The valid sending cost center types The valid receiving 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.
What are some of the characteristics of Profit Center Accounting in SAP S/4HANA?
There are 2 correct answers to this question. 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 is integrated in the universal journal. It can be used in the settlement rule for internal orders.
What parameters can you set up when defining order types?
There are 2 correct answers to this question. Define document type. Allow revenue postings. Set up work lists. Define default parameters for master record fields.
Which statement best describes a cost center standard hierarchy?
Please choose the correct answer. 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 grouped together with alternative hierarchies to represent decision control and responsibility units. It is a structure to which all the cost centers within a controlling area are assigned.
You want to maintain a cost component structure. What can you determine for each cost component?
There are 3 correct answers to this question. Relevance of cost component to results analysis Relevance of cost component to inventory valuation Assignment of cost component to cost component group Assignment of cost component to calculation base for overheads in costing sheet Relevance of cost component to goods manufactured.
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 costing is needed in order to calculate separate costs of goods manufactured for different accounting principles. Parallel accounting is needed in order to be compliant with different accounting principles. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation. Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
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; Revenue surplus = 200 Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300 Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200 Revenue = 1500; Cost of sales = 1000; Revenue surplus = 300.
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 using overall plan value The availability of funds on period level The availability of funds in object currency The availability of funds according to tolerance limits.
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 marking the cost indicator in the control key assigned to 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.
You want to prevent periodic cost fluctuations. Which activity should you choose to distribute irregular expenses to the relevant periods? Variance calculation Periodic reposting Accrual calculation Cost splitting.
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 planning profile of the order type. Set the relevant indicator in the controlling area. Set the relevant indicator in the internal order master record. Set the relevant indicators in the CO version.
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 as a value field 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.
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 one plant 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 Product cost collector cost estimate in one plant.
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 set the initial status as Created or Released To activate the CO partner update To define users for the order To define the user status To permit or forbid specific transactions.
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 purchase order has NOT generated a budget document yet. The cost element is exempted from budget availability control The difference of 1000 is within the tolerance limits defined in the configuration. The purchase order was entered in a different year than the budget.
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.
In the material master record there are three planned prices. What do you use them for?
Please choose the correct answer. To valuate material stocks To valuate goods movement To update the standard price during the release of a standard cost estimate To valuate the materials in cost estimates.
Which default values can you configure for the product cost collector?
There are 2 correct answers to this question. Results Analysis (RA) key Results Analysis (RA) version Costing variant for preliminary costing Variance variant.
How can you define the overhead rate in a costing sheet?
There are 2 correct answers to this question. As percentage rate As lot-based surcharge As equivalence number As quantity-based surcharge.
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 = 1000; Reserve = 200 Revenue = 1200; Cost of sales = 800; WIP = 200 Revenue = 1200; Cost of sales = 800; Reserve = 200 Revenue = 1200; Cost of sales = 1000; WIP = 200.
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 characteristics As value fields As divisions As key figures.
In which module do you process profit center allocations in SAP S/4HANA?
Please choose the correct answer. Cost Center Accounting Profit Center Accounting Product Cost Accounting General Ledger Accounting.
Which of the following objects can be selected in templates for activity-based costing?
There are 2 correct answers to this question. Cost center/activity type Internal order WBS element Business process.
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?
Please choose the correct answer. Both account-based and costing-based Costing-based only Periodic accounting-based Account-based only.
What are some of the characteristics of internal order planning?
There are 2 correct answers to this question. Costs are entered. Availability control is checked. Multiple versions are allowed. Tolerance limits are defined.
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 support authorizations. CDS views have ready-to-use content. CDS views are considered system modifications. CDS views duplicate data for reporting efficiencies.
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, irrespective of controlling area All company codes where profit center is activated All company codes within the controlling area.
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. PA transfer structure Tracing factor Cycle iteration Template.
How can you populate local variables in Profitability Analysis reports?
Please choose the correct answer. By populating from user parameters By Business Add-In By user exit By user entry during report execution.
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. 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.
Which objects can statistical key figures be applied to?
There are 2 correct answers to this question. General ledger accounts Cost centers Profit centers Functional areas.
How does SAP S/4HANA capture costs?
There are 2 correct answers to this question. Only primary costs are captured in general ledger accounts. Secondary costs are captured as secondary cost elements, and NOT as general ledger accounts. Primary and secondary costs are captured in general ledger accounts. All primary and secondary costs are captured by creating them as cost elements.
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 actual-plan variance To store parallel valuation To store different budget data To store different plan data.
What master data objects can you set up using time-based fields?
There are 2 correct answers to this question. Statistical key figures Cost centers Activity types Standard hierarchies.
Which attributes can you configure in the activity type master record?
There are 3 correct answers to this question. Activity type category Valid cost center categories CO version Price indicator Company code.
You want to enable WIP calculation in Product Cost by Period. What do you need to configure?
Please choose the correct answer. Variance variant Valuation variant Profitability Analysis (PA) transfer structure Settlement profile.
Which of the following values can be calculated using results analysis?
There are 3 correct answers to this question. Work in progress Cost of goods manufactured Cost of sales Reserves for unrealized costs Gross margin.
At what level do you create the structure of the operating concern?
Please choose the correct answer. Controlling area level Sales organization level Company code level Client level.
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 - WIP Variances = Target costs - Delivery value Variances = Target costs - Delivery value - WIP Variances = Actual costs - Delivery value.
Which parameters are controlled by the costing type in a costing variant?
There are 2 correct answers to this question. Price updates Costing sheet Save with date key Price for materials.
How do you define the relationship between an operating concern and a controlling area?
Please choose the correct answer. Many-to-many (N:N) One-to-one (1:1) Many-to-one (N:1) One-to-many (1:N).
Which currency types can you use for costing-based CO-PA?
There are TWO correct answers for this question? Operating concern currency Controlling area currency Group currency Company code currency.
Which component of the frame work for the inteligent enterprise includes SAP Leonardo Digiatal platform intelligent technologies machine learning intelligent suite.
You use the search your sap fiori launchpad to loop up information for a cost center. What kind of app is userd for the information shown in the search results Analytical Transactional List Factsheet.
which SAP technological products provide the platform required for SAP to support the digital tranformation of an organozation SAP Cloud platform SAP Leonardo SAP HANA SAP FIORI.
you want to develop a substantial enhancement for the purchase-to-pay process in your Sap S/4 HANA system .where Does Sap recommend you perform this enhancement SAP fiori SAP s/4HANA core SAP Leonardo SAP Cloud platform.
Ture Or False : Company Codes are required for internal Co. False Ture.
The controlling area version controls which of the following ?
There are 3 correct answers Ability to plan across cost centers Ability to post actual data Ability to calculate price Ability to plan the balance sheet Ability to send plan data to other processes.
which allocations use the cycle segment method ?
There are two correct answers. Direct activity allocation Assessment Costing sheet Periodic reposting.
when would you define assessment cycles for the period -end closing in overhead cost accounting?
There are two correct answers Transfer a primary cost element to the sender Transfer primary costs element from an order to a receiver Transfer a secondary cost element to the receiver Transfer primary and secondary to a secondary cost.
When Comparing manual reposting of costs and repost line items ,Which is true Repost line will validate against the FI line item Repost line item will update the original FI Document Manual Reporting Will Link to the original Document Manual Reposting will create an FI and CO Document.
Which activity category requires that you enter the price and quantity allocated with activity allocation Manual ,Indirect Manual ,manual Indirect , indirect.
what is the feature that distinguishes between fixed and variable cost Activity Quantity Variable Cost element Secondary Cost element.
CO Allocations may need corrections what is the effect of reverse and rebook? Reverse value of previous periods and repost the correction in the period Reverse current period and rebook to previous periods Reverse allocations for the several month and rebook in the origi9nal periods.
which object can you assign to the cycle segment?
There are 3 correct answers Non-Operating expencess Secondary cost accounts Statistical key figures Activity prices Balance sheet accounts.
which of the following are features of SAP system status? There are 2 correct answers Requires a status profile Determines which business transaction can post to an order Controls the life cycle of an Order Can be Configured.
which setting controls where fields are positioned on the internal order master Record? Status profile Field selection Order layout.
A cost estimate is made up of several costing items what data is maintained in a costing item? There are 3 correct Answers
validity date price BOM Item Item category Cost element.
what are features of a cost estimate created with unit Costing?
There are 3 correct Answers Estimate is created automatically BOMS and Routings can be used Requires cost element Allows costing early in product lifecycle Material number is required.
In the costing variant date control which date will trigger different prices Quantity structure date BOM validity date Valuation date Costing to and form dates.
what is features of the valuation variant? strategies are defined by costing item strategies are defined at the BOM level Strategies must have at least TWO Options.
Marginal cost estimats with quality structure try to find a valid BOM and Routing what are the some data elements that trigger a BOM OR Routing?
There are 3 Correct answers valid control keys valid lot size valid status valid material items valid dates.
when using controlling by period ,how is decoupling the cost object from production order accomplished select the cost collector indicator on the logistics order type Assign the settlement type PER Create a new order type.
what is the purpose of a splitting profile?
there are 2 correct answers. to post variance categories to separate G/L Accounts to provide more variance information in g/l to post variance categories to CO-PA value fields to determine which variance categories to calculate.
when using controlling by sales order ,which of following applies to result analysis? Individual /collective indicator Determining the percentage of completion Non-valuated stock.
In controlling by sales order ,the planned value can come from which of the following ?
there are 2 correct answers pricing conditions on the sales order cost estimate of the planned production order unit costing product costing.
what can cause production order variances?
there are 2 correct answers consuming unplanned materials debits to the order in excess of the credits using the wrong order type the splitting profile.
For cost object with the settlement type PER ,How is WIP Calculated? Based on actual costs for the order Based on the standard cost estimate Based on target costs.
what needs to be specified to calculate WIP for a product cost collector? Default rule Settlement type Order type Result analysis Key.
The setting that controls settlement by PER Periodic OR FUL (full) Is determined by which of the following Settlement Profile Settlement type Allocation Structure.
Product cost collectors Calculate WIP and Variances Each period. What Is the Calculation For Variance? Actual Credits -WIP - Scrap Actual Debits + Scrap - Goods Receipt Actual Debit - Goods Receipt - WIP Actual Credit - Goods receipt - WIP - scrap.
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 Different result analysis keys Different costing variants.
Which of the following apply to both account based and Costing-Based CO_PA?
There Are 3 Correct Answers Characteristics Valuation Strategy Table CE4***** Derivation Strategy PA Transfer Structure.
Which of the following define an operating concern when it is created?
There are 3 Correct answers. Type of profitability analysis Data structure Operating Concern Currency Derivation strategy Valuation Strategy.
When You Create a Planning layout ,which objects can you use to define the data columns?
There are two correct answers. Formulas Planning package Planning level Characteristics.
Which of the following Applies to cost Splitting Profiles? They are assigned to an operating concern They are used to supply more costing Details to the G/L They are used in Costing -Based CO-PA.
what are the benefits of SAP Analysis For Office?
There are two Correct Answers. Graphical Analysis Execute drilldown reports Excel Spread Sheet Functions Real-Time data views.
What are the benefits of WYSIWYG reporting?
There are 2 correct answers,. Reports are displayed in a visual format Report developers can see output prior to execution Report can use drilldown functions Report developers can see report changes immediately.
When is it appropriate t use sao Lumira?
There are 2 Correct answers Data visualization is required Data is contained in different Sources Data To Day Operations Efficiency is needed Real time Transactions are Required.
you wantto define requirement levels for users for the authorization check in Profitability Analysis reporting .Which requirement level would you sent to enable access to all the interactive drilldown functions? 0 - All 3 - All 1 - Level 1 2 - Level 2.
You are implementing SAPS/ 4 HANA and you want to run analytical reports off a single data model . Which statement best describes reporting in SAP S /4HANA? Reporting analytical data is always done in a business warehouse system Reporting on data in real time is difficult , and complex to design 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.
How does SAP S/4HANA Select line -item-based data for costing -based Profitability Analysis reports ? it selects actual data form 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 functionalities can create primary cost component splits?
There are 2 correct answers to this question Execution of the assessment cycles Settlement of internal orders Cost center / activity type price calculation Business processes price calculation.
You are setting up a direct internal activity allocation in SAP S/$ HANA what are valid receivers for the Activity?
There are 3 correct answers to this question Sales order item General ledger account Cost center Statistical Overhead Network.
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. Sales deductions Order quantity Resale Accruals Payment Discount.
How do you Maintain number intervals / ranges in controlling? By posting key By company code By document type By Business transactions.
You are executing an indirect activity allocation. What do you post to the sender and Receiver? You post cost only to both the sender and receiver You post quantity and cost to both the sender and receiver You post both quantity and cost to sender ,and cost only to the receiver. You post both quantity and cost to the receiver and cost only to the sender.
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? Transfer control Reference variant
Costing type Costing version.
Which of the following statement best describes 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 controlling by Individual production lots or Discrete quantities is needed It is used when you perform repetitive manufacturing It is used when full cost traceability is needed.
Which of the following statement best describes 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 in conjunction with a product cost collector it is used to analyze work in process based on actual costs it is used for joint production with process orders.
How can you Configure the transfer price solution in SAP S/4 HANA?
There are 2 correct answers to this question. Use separate segments for each valuation Use separate ledgers for each valuation Use separate currency types within the same ledger for each valuation Use separate accounts for each valuation.
In a standard system delivery how many characteristics can be added to an operating concern? 0-70 71-100 101-150 Over 150.
Which statement best describes the Query browser for reporting? It is a desktop browser that integrates with SAP S/4 HANA It is a strategic analytical tool in SAP S/4 HANA It is Design studio app that comes as standard SAP Fiori Content it is available as an additional license product in SAP S/4 HANA.
Which object can you select for reporting in cost based profitability analysis , and NOT in Account based Profitability Analysis? Cost element Company Code Period/Year Record Type.
In the product cost by order component ,what does the system calculate depeding on the order status? WIP at planned costs or variances WIP at target costs or variances WIP at actual costs or Variances Both WIP and Variances or Only Variances.
You want to use a template to consider overhead During product costing. How do you assign the template to your material? Using an origin group and an overhead group Using an overhead group and an overhead key Using a profit center and an overhead key Using a special procurement type and an overhead group.
What can you manage via the account assignment category ?
There are Two correct answers to this question Costing variant Separate sales order stock Product Cost by Sales order Valuated Sales Order stock.
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