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Title of test:
iron_9081_oc4st_c_171

Description:
iron_9081_oc4st_c_171

Author:
iron1208
(Other tests from this author)

Creation Date:
24/09/2021

Category:
Others

Number of questions: 171
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Which of the following statements best describe Product Cost by Period? There are 2 correct answers to this question. Response: 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.
Which of the following statements best describe Product Cost by Order? There are 2 correct answers to this question. Response: 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 parameters can you set up when defining order types? There are 2 correct answers to this question. Response: Allow revenue postings. Set up work lists. Define document type. Define default parameters for master record fields.
How does the system derive the requirement type from the material master data? There are 2 correct answers to this question. Response: 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.
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. Response: 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.
You want to use a template for activity and process assignment to your material cost estimate. What do you need to do? Response: 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.
Which Customizing for Document Splitting settings do you maintain to ensure that financial statements can always be produced separately for each profit center? Response: Zero-balance Inheritance Dummy profit center Standard account assignment.
Which objects do you use when you assign costs and revenue to the value fields in costing-based CO-PA? Response: Transfer structure Allocation structure Allocation template Overhead group.
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. Response: To store parallel valuation To store different plan data To store actual-plan variance To store different budget data.
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 Response: Production order settlement to sales order Combined quantity and value flow analysis Production cost calculation Simplified inventory value determination.
How does SAP S/4HANA select line-item-based data for costing-based Profitability Analysis reports? Please choose the correct answer. Response: 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 process determines the target costs of the cost object in a product cost by order scenario? Response: Actual costs calculation Accrual calculation Variance calculation Work in progress (WIP) calculation.
When do you use an assessment instead of a distribution? There are TWO correct answers for this question Response: 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 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? Response: All ledgers The standard ledgers The leading and extension ledgers The leading ledger 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 Response: 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.
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 Response: 2 - Level 2 0 - ALL 3 - ALL 1 - Level 1.
Which object controls the tiles a business user can assign to their SAP Fiori launchpad? Please choose the correct answer. Response: Tile group App library App finder Tile catalog.
When you define assessment cycles for the period-end dosing in overhead cost accounting, which object can you assign to the cycle segment? Response: Costing sheet Template Settlement rule Allocation structure.
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? There are 2 correct answers to this question. Response: 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.
What can you do with statistical internal orders? Please choose the correct answer. Response: 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.
What master data objects can you set up using time-based fields? There are 2 correct answers to this question. Response: Standard hierarchies Statistical key figures Activity types Cost centers.
How can you configure cycles for period-end allocation? There are TWO correct answers for this question Response: Create cydes 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.
How can you configure the transfer price solution in SAP S/4HANA? There are 2 correct answers to this question. Response: Use separate ledgers for each valuation. Use separate currency types within the same ledger for each valuadon. Use separate segments for each valuation. Use separate accounts for each valuation.
Which statement best describes the Query Browser for reporting? Please choose the correct answer. Response: 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 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 Response: Periodic reposting Assessment Indirect activity allocation Distribution.
Which default values can you configure for the product cost collector? There are 2 correct answers to this question. Response: Costing variant for preliminary costing Results Analysis (RA) version Results Analysis (RA) key Variance variant.
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. Response: Release the cost estimate. Mark the cost estimate. Split the costs. Archive the cost estimates.
Which costs exist in SAP S/4HANA? There are TWO correct answers for this question Response: Secondary costs with G/L account Secondary costs without G/L account Primary costs without G/L account Primary costs with G/L account.
Which of the following objects can be selected in templates for activity-based costing? There are 2 correct answers to this question. Response: Internal order Cost center/activity type Business process WBS element.
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 Response: 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? Response: Source structure Allocation structure Overhead structure PA transfer structure.
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.
Which objects are predefined characteristics in SAP S/4HANA? There are THREE correct answers for this question Response: Plant Controlling area Product category Company code Region.
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. Response: Cost center types Standard hierarchy top node Functional area Cost center categories.
What is required before you can create a multi-level material cost estimate without quantity structure? Response: 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.
What are some of the characteristics of Profit Center Accounting in SAP S/4HANA? There are 2 correct answers to this question. Response: 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 are considering using commitment management with internal orders. What do you need to do in the configuration? Please choose the correct answer. Response: 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.
What can you define for a user status in the status profile? Response: 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 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 Response: 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.
Which cost objects can only be controlled by period? There are TWO correct answers for this question Response: Product cost collector Process order Cost object hierarchy Production order.
Which statement best describes a cost center standard hierarchy? Please choose the correct answer. Response: 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.
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. Response: Variances = Actual costs - Delivery value Variances = Actual costs - Delivery value - WIP Variances = Target costs - Delivery value Variances = Target costs - Delivery value - WIP.
Which settings can you configure per order type for the budget and availability control? There are TWO correct answers for this question Response: Budget tolerance limits Budget data entry layout Design budget manager Budgeting on cost element level.
Which currency types can you use for costing-based CO-PA? There are TWO correct answers for this question Response: Controlling area currency Company code currency Operating concern currency Group currency.
What do you get if you mark a standard price cost estimate? There are TWO correct answers for this question Response: 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.
Which activity do you perform during period-end in profit center accounting? Response: Post activity allocation Execute template allocation Settle costs Process distribution cycles.
Which objects can you plan in cost center accounting? There are THREE correct answers for this question Response: Secondary cost accounts Non-operating expense accounts Statistical key figures Balance sheet accounts Activity prices.
How can you define a dynamic group for internal orders? Response: 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.
Which views can you use to analyze the costing results within the costing run tool? There are THREE correct answers for this question Response: Analysis report Material list report Costing levels report Variance report Work in progress report.
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 Response: Results analysis profit center Results analysis method Results analysis cost element Results analysis category Results analysis version.
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery? Please choose the correct answer. Response: Periodic accounting-based Both account-based and costing-based Costing-based only Account-based only.
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. Response: Payment discount Accruals Order quantity Revenues Sales deductions.
You have activated budget availability control for an internal order a nd entered an overall budget of 1OOOO. Actuals of 1OOOO were posted for this internal order in the current vear. How is that possible? There are 2 correct answers to this question. Response: 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.
Which order status is relevant for creating work in process (WIP) calculations when you use Product Cost by Order (PCO)? Response: Partially released Created Technically completed Delivered.
On Which document in the sales process is the profit center initially entered? Response: Sales inquiry Goods issue Service contract Sales order.
What are some of the characteristics of internal order planning? There are 2 correct answers to this question. Response: Tolerance limits are defined. Availability control is checked. Multiple versions are allowed. Costs are entered.
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? Response: Project definition Network header Dummy profit center WBS element.
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 Response: A variable cost field in ACDOCA A cost splitting profile A price difference profile A calculation formula.
For which revenue-carrying cost objects does the system perform results analysis? There are 3 correct answers to this question. Response: Cost center Business processes Internal order Work breakdown structure Customer service orders.
Which receiver must be allowed in the settlement profile of a product cost collector? Please choose the correct answer. Response: Material Cost center Business process Order.
On which organizational level do you maintain profit center accounting in SAP S/4HANA? Response: Operating concern Financial statement version Company code Controlling area.
What can you analyze in detail when you transfer the cost component split from product cost planning to costing-based CO-PA? Response: Cost of goods manufactured Cost of goods sold Sales revenues Variance categories.
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. Response: 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.
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? Response: Defining flexible hierarchies Configuring derivation rules Creating multi-dimension sets Copying groups with suffix.
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. Response: Allocation structure Settlement rule Settlement profile Template.
You are posting a purchase order for a warehouse material. From which object is the profit center derived? Response: Cost center Plant Material master Business partner.
To which objects do you settle values of the results analysis? There are TWO correct answers for this question Response: Profit center Profitability segment Segment Cost center.
Which process can you use to credit internal orders during period-end dosing? Please choose the correct answer. Response: Assessment Distribution Indirect activity allocation Periodic reposting.
Which customizing do you use for calculating work in progress (WIP)? There are THREE correct answers for this question Response: Assignment table Allocation structure table Update table Posting rule table Settlement profile table.
Which objects can statistical key figures be applied to? There are 2 correct answers to this question. Response: Functional areas Profit centers General ledger accounts Cost centers.
Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA? Response: Field status group Account type Account currency Account group.
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? Response: WBS element Internal order Cost center Fixed asset.
At which level do you define the valuation method for results analysis? Please choose the correct answer. Response: Company code Sales organization Operating concern Controlling area.
Which process determines the target costs of the cost object in a product cost by order scenario? Response: Actual costs calculation Accrual calculation Variance calculation Work in progress (WIP) calculation.
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 Response: Production order settlement External goods receipt on sales order stock Delivery from production order to sales order stock Production order confirmation.
What are some of the objectives of Profitability Analysis? There are 2 correct answers to this question. Response: 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.
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 Response: Goods issue Sales order Goods receipt Billing.
Which are mandatory attributes, when you create an operating concern with costingĀ­ based and account-based CO-PA? There are TWO correct answers for this question Response: Second period type Company code currency in costing-based CO-PA Fiscal year variant Operating Concern Currency.
What is the default option for planning profit center values in SAP S/4HANA? Please choose the correct answer. Response: Profitability analysis planning Financial accounting planning Business planning and consolidation Management accounting planning.
Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA? Response: CE1XXXX ACDOCA BSEG COEJ.
Which object can you configure t offset overhead surcharges for a cost object? There are THREE correct answers for this question Response: Profitability segment Business process Profit center Cost center Internal order.
At which level can you assign a valuation strategy in CO-PA? There are TWO correct answers for this question Response: Record type Point of valuation Costing key Sales order type.
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? Response: Assign each cyde 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.
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 Response: Goods issue from order Purchase requisition Incoming invoice Outgoing payment.
When you create a planning layout, which objects can you use to define the data columns? There are THREE correct answers for this question Response: Value fields Distribution key Characteristics Formulas Summarization level.
What do you use to map the primary cost component split to the production cost component structure? Response: Assignment scheme Transfer structure Allocation structure Cost Component groups.
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. Response: 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.
Which main elements do you configure for the overhead costing sheet? There are Three correct answers for this question Response: Overhead rate Credit key Revaluation rate Calculation base Allocation structure.
A profit center standard hierarchy contains all profit centers that are assigned to which organizational unit? Please choose the correct answer. Response: Client Plant Controlling area Operating concern.
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. Response: Valuation variant Requirements class Account assignment category Costing type Requirement type.
Where can you adjust the automatic account assignment? There are TWO correct answers for this question Response: Default account assignment (TA: OKB9) G/L account (TA: FSOO) Substitution (TA: GGB1) Cost center (TA: KS01).
Which cost estimates must you reuse with the transfer control functionality? Please choose the correct answer. Response: Cost estimates with same cost component structure Cost estimates across company codes Cost estimates with quantity structure Cost estimates within the same plant.
What does the internal order settlement profile define? There are THREE correct answers for this question Response: Whether settlement is necessary The valid receivers Whether commitment management is necessary The template allocation The accounting document 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 Response: Settle the variances to CO-PA Calculate production variances Transfer reserves for realized costs Perform results analysis.
In which SAP S/4HANA components can you report the results of the results analysis? There are 3 correct answers to this question. Response: Profitability analysis Inventory management Profit center accounting Sales and distribution Financial accounting.
You have implemented Product Cost by Sales Order in conjunction with cost-based 1 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 does the calculation of a condition type in the costing sheet of CO-PA depend on? There are 2 correct answers to this question. Response: Valuation Calculation type Segment Condition class.
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. Response: 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.
When do you select the percentage method for accrual calculation? There are TWO correct answers for this question Response: 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.
Which of the following statements are applicable to SAP S/4HANA embedded analytics? There are 2 correct answers to this question. Response: 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.
When you create a profit center, what company code(s) is it assigned to by default? Please choose the correct answer. Response: 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.
To which object do you assign a costing sheet? Please choose the correct answer. Response: Costing variant Cost component structure Transfer control Valuation variant.
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 scenarios can be covered by the costing run? There are 2 correct answers to this question. Response: 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 parameters are controlled by the costing type in a costing variant? There are 2 correct answers to this question. Response: Save with date key Price updates Price for materials Costing sheet.
Which of the following controls can you set when you determine a characteristic derivation? There are 3 correct answers to this question. Response: Valuation calculation System response when unsuccessful Display authority Overwriting authority Conditions for execution.
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? Response: 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.
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. Response: 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 activities can you perform while you create cost center hierarchies? There are 2 correct answers to this question. Response: 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. Response: One-to-many (1:N) Many-to-many (N:N) Many-to-one (N:l) One-to-one (1:1).
Which statements are relevant to the cost of sales accounting method in profitability management? There are 2 correct answers to this question. Response: 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.
Independent from the cost object, which parameters are always contained in a costing variant? There are TWO correct answers for this question Response: Transfer control Reference variant Valuation variant Costing type.
What is the highest reporting level in management accounting? Response: Operating concern Controlling area Profit center Company code.
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. Response: 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.
For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA? Please choose the correct answer. Response: 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.
At what level do you create the structure of the operating concern? Please choose the correct answer. Response: Client level Sales organization level Controlling area level Company code level.
What can you manage via the account assignment category? There are 2 correct answers to this question. Response: Valuated sales order stock Separate sales order stock Costing variant Product cost by sales order.
What are some of the unique attributes of an assessment cycle in Controlling? There are 2 correct answers to this question. Response: 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.
Which key performance indicators (KPIs) does profit center accounting help you report? There are TWO correct answers for this question Response: Return on capital expenditure investment Impact on sales of a marketing activity Contribution of new customers to gross revenue Profit contribution of a department.
What action do you perform to use the Cost-Based Percentage of Completion (POC) method? Response: Running the results analysis Costing of an order Billing of a sales order during production Setting to profitability analysis.
When you configure period-end closing, which accrual calculations methods can you use? There are TWO correct answers for this question Response: Statistical key figure Percentage Target equals actual Template.
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 Response: Indirect determination, indirect allocation Manual entry, indirect allocation Manual entry, no allocation Manual entry, manual allocation.
Which of the following values can be calculated using results analysis? There are 3 correct answers to this question. Response: Work in progress Cost of sales Gross margin Reserves for unrealized costs Cost of goods manufactured.
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. Response: Functional area Activity type Cost center category Cost center type.
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. Response: 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.
In the Product Cost by Order component, what does the system calculate depending on the order status? Please choose the correct answer. Response: 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.
Which attributes can you configure in the activity type master record? There are 3 correct answers to this question. Response: Company code Price indicator Valid cost center categories Activity type category CO version.
Which of the following are typical activities of the sales planning phase in SAP S/4HANA? There are TWO correct answers for this question Response: Transfer of GL account data Top-down distribution Manual entry of data Bottom-up distribution.
How can you populate local variables in Profitability Analysis reports? Please choose the correct answer. Response: By user entry during report execution By user exit By Business Add-In By populating from user parameters.
What values flow from Sales and Distribution billing to costing-based Profitability Analysis? There are 2 correct answers to this question. Response: Revenue Maintenance overhead costs Accrued production overhead Sales deductions.
What are some of the characteristics of SAP Core Data Services (CDS) views? There are 3 correct answers to this question. Response: 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.
How does SAP S/4HANA capture costs? There are 2 correct answers to this question. Response: 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.
To which objects do you assign the elements of the cost component split to ensure the transfer of costing to costing-based CO-PA? Response: Segments G/L accounts Value fields Controlling areas.
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. Response: Operational Chart of accounts Currency Operational Posting period Fiscal year variant.
When is the standard hierarchy of the controlling area created? Response: 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.
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 Response: Template Cycle iteration PA transfer structure Tracing factor.
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. Response: Statistical overhead order Sales order item Cost center General ledger account Network.
Which object do you have to assign the cost component structure to? Response: Valuation variant Costing type Costing variant Material master record.
In which module do you process profit center allocations in SAP S/4HANA? Please choose the correct answer. Response: General Ledger Accounting Product Cost Accounting Profit Center Accounting Cost Center Accounting.
You are setting up costing-based Profitability Analysis for your organization. How do you configure the different market segments? Response: As value fields As divisions As key figures As characteristics.
Where do you activate commitment management for internal orders? There are TWO correct answers for this question Response: In the company code In the budget profile In the controlling area In the order type.
What tasks are performed by the system during activity allocation? There are TWO correct answers for this question Response: 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.
Which configuration is possible when you assign multiple company codes to a controlling area in SAP S/4HANA? Response: 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 are levels of internal order planning? There are TWO correct answers for this question Response: Group costing Overall planning Primary and secondary cost and revenue planning Integrated planning.
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? Response: 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.
Why would you use manual cost allocation in Controlling? There are 2 correct answers to this question. Response: 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.
For which objects can you revaluate activities and business processes at actual prices? There are THREE correct answers for this question Response: Profit centers Work centers Work breakdown structure elements Cost centers Profitability segments.
What can you specify when you create an activity type? There are THREE correct answers for this question Response: 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.
What can you use to difference two or more cost estimates for the same material? There are TWO correct answers for this question Response: Costing version Costing variant Valuation variant Transfer control.
Which component provides insight into the effectiveness and results for areas of responsibility within the enterprise? Response: Results analysis Profit center accounting Revenue accounting and reporting Profitability analysis.
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 Response: There is the option to assign the line item to several receiver objects The report of the line item is updated in the original Fl document The line item values are validated against the original document The line item needs a reference to an FI document.
Which processes belong to the ''final costing" of cost objects? There are TWO correct answers for this question Response: Work in process Variance calculation Revaluation at actual costs Overhead surcharge.
Which parameters can you enter when you create a costing run? There are THREE correct answers for this question Response: Costing variant Valuation variant Production version Transfer control Costing version.
How can you define the overhead rate in a costing sheet? There are 2 correct answers to this question. Response: As percentage rate As equivalence number As lot-based surcharge As quantity-based surcharge.
How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis? Please choose the correct answer. Response: 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 functionalities can create primary cost component splits? There are 2 correct answers to this question. Response: Settlement of internal orders Business processes price calculation Execution of the assessment cycles Cost center/activity type price calculation.
Which object do you configure to reuse material cost estimate for the costing process? Response: Valuation variant Transfer control Group costing Quantity structure control.
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. Response: Costing type Transfer control Reference variant Costing version.
What can you configure in the settlement profile? There are 2 correct answers to this question Response: Define document management parameters. Define a number range for settlement documents. Determine an overhead key. Determine whether settlement is required.
Which characteristic of an internal order does the order type control? Response: 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.
In the material master record there are three planned prices. What do you use them for? Please choose the correct answer. Response: 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.
How do you maintain number intervals/ranges in Controlling? Please choose the correct answer. Response: By posting key By document type By company code By business transactions.
In a standard system delivery, how many characteristics can be added to an operating concern? Please choose the correct answer. Response: 0-70 71-100 101-150 Over 150.
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.
What must the referenced cost estimate and the receiving cost estimate have in common? Please choose the correct answer. Response: The cost component structure The company codes The quantity structure The plant.
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. Response: Variance calculation Accrual calculation Periodic reposting Cost splitting.
Which customizing activity do you perform in overhead cost controlling? Response: Create value fields Define cost center categories Define company centers categories Maintain costing variant parameters.
You need to analyze different planning scenarios for cost centers. With which object do you differentiate the planning scenarios? Response: Operating concern Cost center group CO version Company code.
Which object can you select for reporting in costing-based Profitability Analysis, and NOT in account-based Profitability Analysis? Please choose the correct answer. Response: Cost element Record type Company code Period/year.
When trying to assign a profit center to a new cost center, you receive an error. What can cause this error? Response: 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.
What do you do to create a primary cost component split? There are TWO correct answers for this question Response: 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.
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