How would you explain a market segment in CO-PA? What is a market segment in CO-PA? A certain value combination of the defined characteristics. A predefined value combination for the characteristics delivered by SAP. A certain combination of the defined characteristics and value fields. A certain characteristic combination of predefined values.
Where do you determine the price finding strategy for material costing? Valuation variant Price control Price determination Valuation class.
Which data sources can be included directly into service level reports in SAP Solution Manager?(Choose two) Solution Manager BW Wily Introscope Enterprise Manager Early Watch Alert Implementation projects.
Which of the following are valid assignments between company code and controlling area?
(Choose two)
One company code to one controlling area (1:1). One company code to multiple controlling areas (1:n). Multiple company codes to one controlling area (n:1). Multiple company codes to multiple controlling areas (n:n).
When settling an investment order for an unfinished asset, the customer, by law, needs to settle the order to an asset under construction (AuC).
How can this be accomplished in the system?
Set up an appropriate investment reason and a threshold for scale level and assign both to the order. Set up an assessment cycle to allocate the costs of the investment order to the previously created AuC Assign a settlement rule to AuC directly to the position of the investment program. Set up the investment profile to use the AuC of a certain asset class and assign it to the used order type.
Scenario Profit Center Update with real time integration is activated in the New GL. How is the profit center information stored in financial postings to a CO object? In a separate profit center accounting document. In a separate field in the New GL document. In a reconciliation ledger document. In a separate New GL document.
A company wants to use Profitability Analysis (CO-PA) to obtain an early analysis of their anticipated profits. Which functionality provides the best results? Transfer the plan balance data from Fl to account-based CO-PA and use record type "F" for analysis. Analyze sales quotation as a detail value. Transfer the plan data from the "Sales and operation planning" to costing-based CO-PA and use record type "P" for analysis Transfer sales orders and quotations from SD to costing-based CO-PA and use record type "A" for analysis. Transfer sales orders and quotations from SD to account-based CO-PA and use record type "F" for analysis.
How does material costing support semi-finished and finished materials that are valuated in stock with consistent valuation strategies per company code? Costing runs to update the standard prices have to run generally under observation of an external auditor. You are only allowed to use one single costing variant to update standard prices per period and company code. You are only allowed to use iterative activity prices in material cost estimates which update standard prices. You are only allowed to use material cost estimates with quantity structure to update standard prices.
The customer requires a flexible selection of cost elements when starting a Report Painter report. How do you define the report? Using a row model with predefined key figures. Using a variable for the cost element group. Using a predefined report template. Using a variable for the report variant.
Which step of the sales from stock process creates the cost of goods sold in costing-based CO-PA? Creating the billing document. Creating the transport order. Creating the outbound delivery. Creating the sales order.
Which information is transferred when you settle an Internal Order to costing-based CO-PA? Cost component split of the order cost. Characteristic values of the settlement rule. Variance categories of the internal order. All information of the internal order master data.
For what purpose can you use a statistical internal order?(Choose two) Overhead surcharges Settlement. Budget and availability control. Cost planning.
Your customer wants to see a P&L statement for profit centers by the cost-of-sales-accounting approach. Which of the following is the minimum requirement? Activate profitability analysis. Create a derivation rule for the functional area. Activate the scenario functional area in New GL. Enter the functional area in the profit center master.
A customer is producing materials according to planned independent requirements.
At what time during the make-to-stock process is the requirement consumption of a new sales order item visible in the system?
After creating the delivery After posting goods issue After saving the order After a new planning run.
You have completed the basic configuration of SAP Solution Manager and defined the solution landscape. Which of the following scenarios will work without further configuration steps?(Choose two) Business Process and Interface Monitoring Early Watch Alert Change Request Management Maintenance Optimizer.
A customer wants to add overhead cost to a material cost estimate with quantity structure, without changing the BOM and routing. Which options does the customer have?(Choose two) Overhead surcharges Easy cost planning Cost element planning Template allocation.
What options are provided by SAP Business Warehouse (SAP BW) when creating financial reports?(Choose two) You can display an analysis in Microsoft Access using the Business Explorer viewer. You can display an analysis on the Web using Enterprise Portal and BEx Web Analyzer. You can convert a Microsoft Excel pivot table query into an SAP BW report. You can export a Web report to a BEx Web Analyzer report.
Which function do you use to transfer a cost component split that has been calculated in a sales order cost estimate to Profitability Analysis? Product cost estimate Planned cost estimate Unit cost estimate Additive cost estimate.
What is the maximum number of function modules you can assign to a single follow-up action for the usage decision in the Implementation Guide (IMG)? Zero Ninety-nine Unlimited One.
Where do you have to assign the costing sheet to enable overhead surcharging for material costing? Costing version Material master Material cost estimate Costing variant.
A certain cost element has conflicting cost center assignments in the Default Account Assignment field (cost element master data) and in the Automatic Account Assignment table (IMG). What happens when a document is posted with this cost element? The Automatic Account Assignment (IMG) has a higher priority. An error message is displayed. The system prompts you in a dialog box. The Default Account Assignment (cost element master data) has a higher priority.
A customer is using sales order controlling. How are the revenues and cost of goods sold transferred to CO-PA? By results analysis. By settlement. By billing. By outbound delivery.
Why do you use variants in reporting?(Choose two) To specify parameter values for background processing. To optimize the runtime of a report. To predefine values for complex selection screens. To permit quick navigation between CO objects.
A company asks for a real-time sales report to analyze Revenue by Customer Group, by Sales Organization, by Product that allows for navigation to sales order line items.
What reports can provide this information?(Choose two)
Drilldown report based on line items for Costing-Based Profitability Analysis. Drilldown Basic Report for Profit Center Accounting. Drilldown Basic Report for Account-Based Profitability Analysis. Form Report for Profit Center Accounting.
A customer wants to define some fields as mandatory in an internal order. How can the customer achieve this? By adjusting the field selection in the order type. By defining an appropriate selection variant. By indicating the fields as mandatory in the model order. By adjusting the field status variant.
Which are the necessary steps to create a validation? Prerequisite, check, message Check, control, message Check, update, message Prerequisite, check, update, control.
Which of the following organizational units are maintained in Management Accounting?(Choose two) Controlling area Operating concern Company code Business area Functional area.
Which of the following processes changes the acquisition value of an asset? Retirement of the asset Change of the depreciation key of the asset Unplanned depreciation of the asset Change of the useful life of the asset.
Which step in the sales from stock process creates the cost of goods sold in Costing-based Profitability Analysis (CO-PA)? Billing Outbound delivery Creation of the transport order Creation of the sales order.
Which of the following views and results does costing based CO-PA provide?(Choose two) Balance sheet statement. Return on investment. Contribution margin. Periodic accounting.
The system does not allow you to create a primary cost element.
What do you check first?
Whether the P/L account exists Whether the cost element category is valid Whether the balance sheet account exists Whether the 6/L account currency is the same as the controlling area currency.
How can you credit internal orders at period-end closing?(Choose two) Use periodic reposting. Use overhead surcharging. Use settlement. Use template allocation.
How can you use resource related billing for sales order items? Assign production orders with BOMs and routings. Use a Requirement class with an indicator set for resource related billing. Use Easy Cost Planning and Execution Services. Assign Dynamic Item Processor (DIP) profiles.
Your New GL customer uses real-time reconciliation of CO and FI. The customer wants to show the value flow of activity allocations between cost centers assigned to different profit centers. What does the customer have to configure?(Choose two) Execute the periodic transfer to profit center accounting. Define a G/L reconciliation account for direct activity allocation. Select profit center as a characteristic for real time reconciliation between CO and FI Carry out a reconciliation run for activities types in the new GL.
The purpose of SAP Solution Manager is to smoothly integrate various SAP solutions to achieve which of the following? (Choose four) Faster internet access Optimal access to support Faster issue resolution Faster implementation Optimal support for operations.
Which of the following do you define in a library of the Report Painter? Report groups and reports. Formats and format figures. Predefined columns and rows. Characteristics and key figures.
What does the SAP Web AS provide? Real-time data exchange with all SAP systems. Master data harmonization cross SAP NetWeaver. J2EE and ABAP in a single environment. Storage of all transactional documents in one single database.
A customer is missing the values for commitments for internal orders. Where does the customer have to activate Commitment Management to get these values?(Choose two) In the order type. In the original order budget. In the controlling area. In the original order budget.
Which of the following support services can you directly access via the SAP Service Marketplace (http://service.sap.com)? Online conferencing with experts on demand Execute the SAP remote installation service System access to SAP hosted solutions Download SAP upgrade guides.
In New GL, how would you incorporate companies with different fiscal years if you wanted to assign them to the same controlling area? Use the same fiscal year variant for all company codes and set up parallel accounting for company codes that have different fiscal years. Create company codes with different fiscal year variants and assign them to the same group company for reporting purposes. Create company codes with the same fiscal year variant and assign the company codes that have a different fiscal year to non-leading ledgers with the appropriate fiscal year variant. Use the same fiscal year variant for all company codes and do a reversible close for the company codes that have different fiscal years.
Where do you have to activate commitment management to enable posting commitments on cost centers? Cost center master record Controlling area Standard hierarchy Cost element master record.
Which applications are integrated with variant configuration in SAP ERP?(Choose three)
ERP Quality Management (QM) ERP Finance (Fl) Internet Pricing and Configurator (IPC) ERP Pricing (SD) ERP Costing (CO).
A customer wants to settle an internal order to cost centers, but receives an error message. What do you check? The system and the user status. The sender and receiver to be assigned to the same profit center. The PA transfer structure of the order. The costing sheet.
Which of the following are interactive functions available in the SAP List Viewer There are 3 correct answers to this question. Dual control. Sorting. Summation. Master data modification. D Filters.
A customer needs an error message to be displayed when the internal order budget has been exceeded by 15%. How can the customer achieve this?(Choose two) By entering the budget profile in the order type. By customizing the tolerance limits for the budget profile. By activating availability control in the controlling area. By entering the budget profile in the order master data.
A customer wants to perform results analysis on sales orders and needs two different methods for different accounting principles (for example, US-GAAP, IFRS). How can the customer achieve this? Use two requirement classes in the sales order item. Use two results analysis keys in the sales order item. Use two results analysis versions in the IMG Use two separate sales order items.
A service company decides to implement Activity-Based Costing. They collect all process-related cost on ABC processes and want to allocate them periodically to their sales orders in Sales Order Management. Which functionality do you implement? Process assessment cycles Process settlement Template allocation technique Indirect process allocation.
A customer considers implementing valuated project stock. Which are the benefits of the valuated project stock? The inventory in a project stock always shows the same valuation as in the common stock of the material. At period-end closing; the inventory in a valuated project stock is additionally posted as work in process on the project. The valuated project stock is simple to handle because there is always only one per project. Creating an inventory will result in an inventory posting instead of a cost posting.
How can you achieve periodic controlling when a lot size based production scenario is used by logistics?(Choose two) Adjust the default rule in the default values for the production order type. Use an internal order in addition to the production order. Use a product cost collector in addition to the production order. Adjust the costing type of the plan costing variant.
What planning options do you have on internal orders?(Choose three) Activity output planning Easy cost planning Overall planning Unit cost estimate.
Which object has to be used to avoid a change of the reconciliation account in the customer's master data? The field status of the customer account group The field status group of the reconciliation account. The field status of the activity The field status of the posting key.
Many of a company's customers regularly pay less than is charged on their bills, or fail to pay their bills at all. Along with normal dunning letters, the company uses a manual, not IT-based process, to track and resolve these cases.
Which application would you recommend to improve the processing of accounts receivable and to reduce outstanding invoices?
SAP Cash Management SAP Credit Management SAP Billing Consolidation SAP Collections and SAP Dispute Management.
Which of the following do you define in the general data selection of a Report Painter report? Parameters valid for all rows and columns. Parameters for the report to report interface. Default values for the definition of rows and columns. User, date, and time of report creation.
Which SAP Solution Manger Service Desk interfaces are available?(Choose three) SAP Solution Manager Trace Analysis SAP global support backbone Managed SAP systems SAP NetWeaver Administration (NWA) Third-party service desk tool.
Which of the following allocation methods in cost center accounting use secondary cost elements?(Choose three) Activity allocation Periodic reposting Distribution Overhead surcharges Assessment.
A customer wants you to explain the results of the preliminary costing of a production order. How are the results determined? The actual quantities are valuated with plan values. The costs are determined by the cost estimate of the reference order. The standard cost estimate is copied from the material master and adjusted by the order quantity. The quantity structure in the production order is valuated by the costing variant settings.
Which postings can be triggered by the settlement of a production order?(Choose three) Variance categories to profit centers. Work in Process (WIP) to FI. Variance categories to profitability analysis. Balance of the production order to FI. Work in Process (WIP) to profitability analysis.
Which of the following management accounting (CO) components requires an operating concern? Profit Center Accounting Overhead Cost Controlling Product Cost Accounting Profitability Analysis.
What are the advantages of a real internal order compared to a statistical order?
(Choose two) Overhead surcharges collection Budget and availability control Settlement splitting to different receivers Exception reporting.
You post goods to storage location A. You notice that documents are missing, so you decide that the goods should not be used any further for the time being. The missing documents turn up at a later stage and you proceed with the respective posting. The goods are subsequently moved from storage location A to storage location B, which you also record in the system. In what sequence are the three goods movements carried out? Select the correct answer. Goods receipt - transfer posting - goods issue Goods receipt - transfer posting - stock transfer Goods receipt - stock transfer - transfer posting Goods receipt - transfer order - goods issue.
A customer complains that in various Fl postings both fields, cost center and internal order, are mandatory. Which setting causes these two fields to be mandatory? Both cost center and internal order have accidentally been maintained in the default account assignment (OKB9). The field "order" has accidentally been maintained in the master of the respective cost elements (tab "default account assignment"). The field "actual posted cost center" has accidentally been maintained in the master of the respective internal order (tab "control data"). Both cost centers and internal orders have accidentally been set to "mandatory" in the "status variant" field (group "additional account assignment").
How can you separate vendor payments for construction advances from regular down payments? Configure a new vendor account group and assign construction advance vendors to it. Perform a separate payment run for payment of construction advances. Make regular down payments, open them for update, and flag them as down payments. Create and use a Special General Ledger indicator for construction advances.
Which planning transactions create secondary costs on the receivers?
(Choose two) Plan assessment Transfer of depreciations from Asset Accounting Transfer of personnel cost from HR Plan distribution Activity input planning.
A customer wants to allocate internal and external costs, based on statistical key figure values, to the receivers. Which method do you choose? Assessment Overhead calculation Distribution Settlement.
A company in a high-inflation country wants to valuate their finished products with actual costs reflecting all the latest price variances. Which method do you recommend? Use actual price determination in the material ledger Use lowest-value determination of raw materials. Activate FIFO valuation in the special ledger Valuate all materials with LIFO valuation.
What are the names of the process hierarchy levels in SAP Solution Manager? Business Processes, Business Process Step, Activities Business Process Maps, Business Scenarios, Business Processes Business scenarios, Business Processes, Activity Steps Business Scenarios, Business Processes, Business Process Steps.
How do you receive the internal activities in the material cost estimate using a logistic quantity structure? Assign the responsible cost center and its activities directly to the routing header. Assign a cost center and its activities in the work center of the routing operation. Assign a cost element with type 43 (internal activity allocation) to the routing operation. Assign a cost center and its activities to the bill of material.
Which SAP NetWeaver component realizes cross-system application processes? SAP Enterprise Portal (SAP EP) SAP Business Warehouse (SAP BW) SAP Exchange Infrastructure (SAP XI) SAP Process Integration (SAP PI) SAP Master Data Management (SAP MDM).
Which of the following are correct descriptions of profit centers? (Choose three) Profit centers are the basic organizational units of profitability analysis. Profit centers are sub units of cost centers. Profit centers represent an area of responsibility for cost and revenues. Profit centers are structured in a standard hierarchy. Profit centers are usually structured in the hierarchy by region, function or product.
Which of the following is the typical sequence of steps in an ASAP roadmap? Business blueprint -> Project preparation -> Final preparation -> Realization -> Go-live and support Project preparation -> Final preparation -> Business blueprint -> Realization -> Go-live and support Project preparation -> Business blueprint -> Realization -> Final preparation -> Go-live and support Project preparation -> Realization -> Business blueprint -> Final preparation -> Go-live and support.
A company requests CO-PA reports with more detailed information. Which methods help to achieve more details in the CO-PA cost analysis?(Choose two) Refine the asset valuation area settings and the account determination logic for assets. Refine the cost component structure in CO-PC and optimize the assignment to value fields. Define a cost splitting structure in the overhead surcharges to different characteristics in CO-PA. Use an allocation structure in the assessment cycle to CO-PA to assign different cost elements to different value fields.
A company wants to prevent postings of more than 5000 EUR on cost centers by generating an error message. What do you recommend? Activating and using availability control for cost centers. Creating a substitution rule in the IMG. Creating a lock amount on the control tab in the cost center master data. Creating a validation rule in the IMG.
For which of the following objects can you use a standard movement type to post a goods issue directly from the valuated stock?(Choose three) Profit center Project (WBS element) Work center Cost center Production order.
Indentify the benefits of SAP Solution Manager. (Choose five) More leverage from IT investments More Reliable IT solutions. Reduced cost of operation Reduced ROI Faster ROI Reduced cost of implementation.
What language is selected for print correspondence to business partners (such as dunning notice, individual letters, balance confirmations, and payment notices? The language of the country maintained in the vendor or customer master data The language assigned to the accounting clerk maintained in the vendor or customer master data The language maintained in the vendor or customer master data The user's log-on language.
Which field in the material master determines if the value of the material stock changes when releasing a cost estimate for this material? Valuation class Price determination Price control Valuation type.
What runtime environments are provided by SAP NetWeaver?(Choose two) WebSphere AS Apache Tomcat AS ABAP AS Java Boss AS.
The management of an international company perceives the implementation of SAP ECC 6.0 with the New General Ledger Accounting as an opportunity to standardize their global processes and still be in compliance with statutory local reporting. What are some of the key design decisions that support their global requirements?(Choose three) They should design one leading ledger and one non-leading ledger to capture parallel accounting reporting requirements. They should adopt a master data governance strategy to globally enhance the integrity of master data. They should use one global controlling area and assign the credit control areas to the controlling area. They should define multiple controlling areas and assign company codes to the controlling areas. They should use one standard global chart of accounts and one global controlling area and assign the company codes to the controlling area.
Which of the following are the usage scenarios for Solution Manager? (Choose three) Implementation Optimization Retirement Operations Validation.
A new SAP customer is looking for a lean monthly reporting that should visualize their requirements of:
✑ Cost of Goods Sold Accounting ✑ Periodic Profitability Accounting
✑ Return on Investment (ROI) key figures
✑ Cost analysis including additional accrued cost
Which application meets all of these reporting requirements?
Profit Center Accounting drilldown reporting Profitability reporting in account-based CO-PA Profitability reporting in costing-based CO-PA Fl balance sheet and profit and loss reporting based on US GAAP.
You are creating an Fl posting in classic GL with assignment to a CO object? The posting will only be posted to the original assigned CO object. The posting will be assigned to the top node of the profit center standard hierarchy. The posting will be assigned to the dummy profit center. The posting cannot be saved.
A customer wants to prepare and execute a global roll-out.
Which type of project within SAP Solution Manager do you recommend to start with?
Implementation Project Maintenance Project Upgrade Project Template Project.
Which of the following statements regarding the SAP NetWeaver platform are correct?(Choose two) SAP NetWeaver can power both SAP and non-SAP solutions SAP NetWeaver's predefined IT Scenarios describe the allocation of functionality to either the ABAP or Java stack for execution SAP NetWeaver is an application platform that serves as the foundation for integrating solutions on several different levels SAP NetWeaver enables process integration through modules such as Business Intelligence and Knowledge Management.
Your customer requires a new Report Painter report that displays both cost information and statistical key figures.
How can you implement this requirement? Define two separate reports and combine them Define two horizontal pages in the report. Define two variants for the report. Define two sections in the report.
What is the prerequisite for sales order controlling? The sales order item must have a cost object assigned by a requirement class. The cost object of the sales order item must be created manually in the sales order. A product cost collector must be assigned to the sales order item. A valuated customer order special stock must be assigned to the sales order item.
A customer wants to allocate the over absorption/under absorption of cost centers source related to receiver. What is the most accurate allocation rule? Assessment of fixed portions based on any value field of the market segments. Assessment of posted amounts based on any value field of the market segments. Assessment of posted amounts based on any derivation rule of characteristics. Assessment of fixed portions based on statistical key figures of the market segment.
What does the planner profile in cost center accounting determine? The available planning layouts. The required planning sequence. The available planning level. The available planning methods (for example, top-down, forecast).
How does the decoupling scenario for production orders in combination with a product cost collector work? All costs are posted to the production order, which settles to the product cost collector. Costs are posted to the product cost collector and statistically to the production order. Costs are posted to the production order and statistically to the product cost collector. Costs are only posted to the product cost collector and not to the production order.
An Automotive customer works with 600,000 material numbers in a multi-level production environment. The whole costing run takes several hours. Now they are simulating the impact of an alternative production setup, which uses the same raw materials and semi-finished products.
What option would you recommend to significantly shorten the duration of the costing run? Use the Schedule Manager to optimize the duration of the Costing Run. Use the easy cost planning function for simplified and accelerated costing. Assign a suitable transfer control strategy to the relevant costing variant in the IMG Define a mixed costing strategy and maintain mixing ratios.
Which of the following fields are required to create a cost center in management accounting (CO)?(Choose two) User responsible Hierarchy area Description Company code.
What happens when a vendor's invoice is posted? The payment is applied to the vendor's account. The standard price in the material master is recalculated. The goods receipts/invoice receipts (GR/IR) account within the general ledger is debited. An accounting document is generated that posts directly to the accounts payable account within the general ledger.
What are the prerequisites to calculate overhead costs on an internal order?(Choose two) Assign the costing sheet to the costing variant. Define an overhead key. Define a costing sheet. Assign the costing sheet in the order master data.
Your customer wants to add certain values from a source document into the account document automatically. You recommend them to use a function module.
Which of the following are attributes of function modules?(Choose two)
Function modules are automatically imported via Support Packages. Function modules have to be released by SAP. Function modules are reusable subroutines. Function modules can be called out of ABAP programs.
A customer asks you to explain the category price variances received on production orders. What could be the reason for price variances?(Choose two) The activity types were consumed from different cost centers. The master data of the consumed materials is V price indicated. The valuation variants of the cost estimate and the production order are different. The respective routing has changed.
A customer using account based CO-PA sells material from stock. How is the 'cost of goods sold' transferred and valuated? Material costs are taken from the goods issue posting (valuated with cost component structure). Material costs are taken from the goods issue posting (valuated according price control). Material costs are taken from the billing document (valuated with cost component structure). Material costs are taken from the billing document (valuated according price control).
The SAP List Viewer, commonly known as the ALV, is a powerful tool for displaying data. Among the various ALV types, the ALV Grid Control is used for displaying non-hierarchical table data.
Which of the following statements about the ALV Grid Control are correct? By default, a column header will be taken from the data element which is used for specifying the type of the column. When a report with an ALV Grid Control is executed in background processing, the program will terminate abnormally since controls can-not be addressed in background processing. The ALV Grid Control can be integrated into a list, a selection-screen, and a classical screen (dynpro). The ALV display is automatically refreshed when the data in the data-base table is changed.
A customer wants to perform cost center planning to reflect different expectations for the future. How can the customer create different plans in parallel? Use different versions. Use different costing variants. Use different planning areas. Use different valuation areas.
A customer is interested in using the SAP Solution Manager. How do you explain it to them? Provides the development and runtime environment for SAP applications and can be used for custom development and integration with other applications and systems Facilitates the exchange of information among a company's internal software and systems and those of external parties Provides business experts with an infrastructure for realizing and operating planning scenarios or other applications Provides integrated support of the life-cycle of a business solution, from the Business Blueprint, through configuration to production operation.
Which of the following mapping types are supported in SAP NetWeaver PI?
(Choose three) Java Message Mapping XSLT .NET.
What is the main idea of SAP NetWeaver Information Lifecycle Management (ILM)? ILM complements data archiving with retention management and retention warehousing. ILM replaces data archiving. ILM is the new tool to archive SAP NetWeaver Business Warehouse objects. ILM is an external storage system delivered by SAP.
What are the key building blocks of the ASAP Roadmap? Project Quality Gates and Review Services Phases and Work streams Phases and Deliverable groups Phases and Activities.
Which of the following are the right organizational assignments starting from the top of the organization structure (top-down)? Controlling area, Operating concern, Company code, Plant, Storage location Company code, Operating concern, Controlling area, Plant, Storage location Operating concern, Controlling area, Company code, Plant, Storage location Operating concern, Controlling area, Company code, Storage location, Plant.
Which common usage scenario is missing from the list of usage scenarios below?
Implement SAP Solutions, Monitor SAP Solutions, Manage Service Desk, link to SAP services, upgrade SAP solutions. Monitor Service Desk Manage Change Requests Implement SAP services. Link to change Requests.
Which of the following needs to be activated in the New GL to implement profit center accounting for all costs and revenues?(Choose two) Scenario profit center update Scenario segment reporting Real-time integration CO/FI Document splitting.
A customer uses assessment cycles in cost center accounting.
What do you need to do to receive the results on the profit centers in New General Ledger Accounting?
Define and execute the appropriate cycles in New General Ledger Accounting Activate plan integration for profit centers Activate document split for cost centers in New General Ledger Accounting Activate real-time reconciliation between CO and Fl.
A customer uses a discrete manufacturing scenario to produce goods to stock. What is a typical customer requirement for using product cost collectors as cost objects? The customer demands to get work in process based on actual. The customer demands to control many production orders on one cost object. The customer demands to see the aggregated plan costs of the production orders on the product cost collector. The customer demands to do a multi-level costing for the used cost objects.
Select the benefits of SAP Solution Manager from the list of items below. (Choose three) Integration of SAP Solutions Reduced cost of operations Separation of SAP solutions Faster ROI Lower ROI.
Which costing items are valid for a simu-lation costing?(Choose three) K - Cost center T - Text item E - Internal activity M - Material S - Sales order item.
A customer in a high-inflation country produces goods consuming raw materials with high price differences. Which option allows the roll-up of these price differences to the final product? Use moving average price for all materials. Use actual activity price determination in Cost Center Accounting. Implement Actual Costing in the Material Ledger. Implement Transfer pricing in the Material Ledger.
Which of the following SAP Life-Cycle Data Management functions provides the integration of external files into SAP ERP? Variant Configuration Management Engineering Change Management Document Management Product Structure Browser.
A customer has a 1000 cost centers each with about 100 different primary cost elements.
Select the ranking of cost allocation methods according to the shortest expected runtime (list the fastest method first).
Periodic Reposting < Assessment < Distribution Assessment < Periodic Reposting < Distribution Distribution < Assessment < Periodic Reposting.
What is a report group in Report Painter required for? To add a report as a sub folder in the Easy Access Menu. To run reports in costing based profitability analysis. To serve as a template for the creation of new Report Painter reports. To assign further reports via the report/report interface.
When do you calculate variances for a production order with order controlling? At the end of each period, independent of the order status. After the final delivery of the production order. After the first partial delivery of the production order. After the final confirmation for the last operation.
A customer uses assessment cycles in cost center accounting. How can the customer see the results on the profit centers in New GL? By activating plan integration for profit centers. By activating the real-time reconciliation between CO and FI. By activating document split for cost centers in New GL. By defining and execute the equivalent cycles in the New GL.
Which of the following is a typical sequence of steps in a Purchase to Pay process? Purchase requisition -> Purchase order -> Goods receipt -> Invoice verification Payment Purchase requisition -> Goods issue -> Purchase verification -> Invoice receipts Payment Purchase requisition -> Goods verification -> Purchase receipts -> Invoice receipts Payment Purchase order -> Purchase requisition -> Goods receipt -> Invoice verification Payment.
What is the correct sequence of the ASAP methodology phases? Project Preparation -> Business Blueprint -> Realization -> Training -> Go Live Support - > Run Project Launch -> Requirements and Design -> Build -> Go Live -> Run -> Optimization Project Preparation -> Business Blueprint -> Realization -> Final Preparation -> Go Live Support -> Run Plan Project -> Design Solution -> Build Solution -> Test -> Hand Over to IT -> Operate.
How can you settle different cost elements of an internal order to different receivers? Use a splitting structure. Use a PA transfer structure. Use an allocation structure. Use a source structure.
On what does SAP Early Watch Alert report?
(Choose two)
System configuration Business processes Performance trending Hardware failures.
Identify the four main Types of roadmaps reviewed. (Choose four) Upgrade Roadmap Solution Management Roadmap Implementation roadmap Solution Roadmap Download Roadmap Global template roadmap.
Which methods allow a customer to assign their plan costs more accurately to the different activity types per cost center?(Choose two) Activity-dependent manual cost planning Plan cost assessment cycle Usage of a splitting structure for the plan price calculation Pre-distribution of fixed cost.
What is controlled by a schedule line category?(Choose two) The transfer of requirements The billing relevance of a material The determination of the partner determination procedure The movement type with which stock changes are posted with the goods issue.
Which of the following views and results do profit center accounting reports in New GL provide?(Choose three) Return on investment Balance sheet statement Fixed and variable cost portions Variance categories of production Cost of goods sold.
How is Work in Process (WIP) calculated on a product cost collector? Based on the standard cost estimate, independent of the valuation variant settings. Based on the target cost, depending on the order type settings. Based on actual cost, depending on the order status. Based on target cost, depending on the valuation variant settings.
A customer uses sales order-related manufacturing processes and wants to settle these orders at period-end closing to CO-PA. They complain about the effort to manually maintain the settlement rules to CO-PA. What is the most efficient option to solve this problem? Automatically provide a strategy sequence for the settlement parameters of the sales order. Derive the distribution rule from the "PA transfer structure" of CO-PA. Determine the distribution rule from the assigned account assignment category. Enter the number of the profitability segment instead of the characteristics combination.
In which master record can you enter a profit center directly? (Choose three) Material master Activity type Cost element Cost center Internal order.
How can you set up segment reporting in the New GL?(Choose two) By defining segment master records in the application. By assigning segments in the master record of the profit center. By assigning segments in the master record of the cost center. By activating the scenario segment reporting in the customizing.
Where is it possible to carry out a new price determination?(Choose two) Invoice document Invoice transfer to Fl Controlling document Copy control from delivery to invoice.
Which of the following elements are required to create a customer-specific drilldown report for New General Ledger Accounting?(Choose two) Variables Characteristics A form A report header.
What must be included in a bill of material in maintenance?(Choose three) Object number Quantity Account assignment Capital consumption per time period Unit of measure.
Where do you have to activate commitment management to enable postings of commitments on cost centers? In the controlling area In the cost element master record In the cost center master record In the standard hierarchy.
What is the SAP Solution Manager? It is an own related database system that can be used as an alternative to databases from other vendors. It supports throughout the entire life-cycle, from the Business Blueprint to the configuration to production processing. It is an application that is part of the SAP Supply Chain Management application. It is a robust and lean standard-based platform that enables you to develop Java and composite applications from scratch and on top of existing services.
You want to perform results analysis on sales orders and need to use two different methods to reflect different accounting principles such as US-GAAP and IFRS.
How do you achieve this?
Use two results analysis keys in the sales order items Use two requirement classes in the sales order items Use two results analysis versions defined in Customizing Use two separate sales order items.
What is the advantage of using a key figure scheme in drilldown reports in profitability analysis? The key figure scheme allows the calculating of lines with subtotals in a drill down report. A key figure scheme allows for simultaneous access to different databases. The key figure scheme allows quick access to predefined key figures in the database. A key figure scheme improves the runtime of the drilldown report.
Which data do you need to set up an accrual calculation with the percentage method?(Choose two) Accrual settlement rules with percentage method. Secondary cost element (category 31) as accrual cost element. Primary cost element (category 3) as accrual cost element. Accrual allocation cycle with sender receiver segments. Cost center or internal order (order category 2) as credit object.
A customer wants to allocate overhead costs to a production order. How can the customer achieve that?(Choose three) Use routings and work centers. Define an assessment cycle. Use a template. Use a costing sheet. Use indirect activity allocation.
The customer requires a new Report Painter report displaying cost information and statistical key figures in one report. By defining two separate reports and combining them. By defining two variants for the report. By defining additional rows in the report. By defining two sections in the report.
By which distribution rules can you settle an internal order to different receivers?(Choose three) By equivalence numbers. By amounts. By formulas. By statistical key figures. By percentage rates.
Which of the following is a typical process sequence of Product Sale from Stock? Purchase requisition -> Delivery/transport -> Dunning and payment -> Billing Incoming order -> Goods receipts/transport -> Dunning and payment -> Billing Incoming order -> Transport/delivery -> Billing -> Dunning and payment Purchase requisition -> Billing -> Transport/goods receipts -> Dunning and payment.
You have posted the results of an assessment cycle run, but some of the assigned receivers were incorrect.
How can you correct this?
Correct the receiver entries and rerun the cycle with a different cycle run group to post only the corrected results to the first run Cancel the allocation with the original settings before you correct the receiver entries and rerun the cycle Post a manual cost allocation with the same assessment cost element Correct the receiver entries and rerun the cycle. The original run will be canceled automatically.
You want to create a purchase order item for a non-valuated material. Which of the following must you do? Set the indicator for non-valuated goods receipts. Set the indicator for goods receipt. Select an account assignment category. Set the indicator for invoice receipt.
Which master data is required for a direct activity allocation? (Choose three) Activity type Cost center Allocation cycle Activity price Secondary cost element.
A company creates a cost center-related purchase order and complains that the commitment is not visible in the current commitment report, although commitment management is properly setup in CO. What is a possible reason? Commitment relevance is not activated in the relevant vendor master record. Commitments are not posted real-time, but with a periodic transaction. Commitment relevance is not activated in the relevant material master record. The commitment is already posted, but only visible in the report of the future period based on the planned goods receipt date.
Which of the following modules integrates with SAP Learning Solution?(Choose three)s Business Intelligence Personnel Cost Planning Travel Management Controlling Sales & Distribution.
What are the impacts on an S price controlled material when releasing a material cost estimate? (Choose two) Previous material movements are revaluated. Existing stock is valuated with the new price. Moving average price is adjusted. New standard price is set.
When creating an internal order, which data is derived from the order type?(Choose two) Settlement rule Settlement profile Commitment profile Model or reference order default entries.
What is the name of the infrastructure that supports core business solutions in four subcomponents including people integration, information integration, process integration, and application platform? SAP NetWeaver SAP Business Process Management SAP Exchange Infrastructure SAP Web AS.
To which organizational level do you have to assign the valuation area to create material costings? Controlling area Company code Business area Plant.
Which of the following is defined in the PA transfer structure? Assignment of source cost elements to allocation cost elements. Assignment of distribution rules to certain cost elements. Assignment of master data to characteristics. Assignment of cost elements to value fields.
What is the basis for creating projects in SAP Solution Manager? Business scenarios Business blueprint Business content Business documentation.
Which document types are typically incorporated into the Business Blueprint?(Choose three) Process models Business requirements Project charters Test cases Functional solution designs.
Which of the following transactions can generate commitments on CO objects automatically?(Choose two) Purchasing quotation Purchase order Purchase requisition Purchasing contract.
In January, you posted a headcount of 10 employees as an actual statistical key figure on a cost center. The key figure is defined as fixed value. In July, the headcount is reduced to 8 employees for the rest of the year. What headcount do you have to post? -2 in each period July to December. -2 in period July. 8 in each period July to December. 8 in period July.
Identify the steps in the ASAP methodology. (Select five) Roll out Realization Final Preparation Project Preparation Business Blueprint Go live & Support.
A customer, who already runs SAP ERP, wants to implement a BI solution. You are building a presentation in order to show the advantages of the SAP BI solution.
What would be the key benefits of SAP BI in your presentation?(Choose two)
SAP BI always provides real-time data from operative SAP applications. SAP BI enables Online Transaction Processing (OLTP) for the staging of information from large amounts of operative and historical data. SAP BI, with its delivered Business Content, can be easily set up to extract data from SAP applications. SAP BI easily integrates information from various operative SAP applications and non-SAP applications.
Which of the following allows you to calculate additional values for value fields in CO-PA, which are not transferred by the actual source postings? Value field derivation Costing sheet Substitution Results analysis.
A customer allocates a variety of cost elements from many cost centers to others by distribution cycles. The customer complains about the long duration and runtime. What do you recommend to shorten the runtime?(Choose two) Use cycle run groups for parallel processing. Use iteration within the cycles. Use assessment instead of distribution. Use an allocation structure within the distribution cycles.
In Project System, which of the following operative indicators can you set in a WBS element?(Choose three) Planning element Billing element Account assignment element Budgeting element Cost element.
Which objects can be assigned to an asset master record? There are 3 correct answers to this question. Internal order. Profit center. Profitability segment. Cost center WBS element.
Which of the following is a typical process sequence for selling products from stock? Purchase requisition -> Delivery/transport -> Dunning and payment -> Billing Incoming order -> Transport/delivery -> Billing -> Dunning and payment Purchase requisition -> Billing -> Transport/goods receipt -> Dunning and payment Incoming order -> Goods receipt/transport -> Dunning and payment -> Billing.
Which data can be saved when storing a material cost estimate with quantity structure?(Choose three) Log Cost components split Extract Itemization Variance categories.
What do cost center categories allow you to do?(Choose two) Determine the use of cost centers in cost allocations. Provide default values for new cost centers (for example, block indicators). Restrict cost center planning to specific cost elements. Restrict the assignment of specific activity types. Determine the usage of cost centers for certain methods of activity allocation.
Which of the following data do you specify in the definition of costing-based CO-PA?(Choose two) Characteristics and value fields Chart of accounts Controlling area Operating concern currency Results analysis methods.
For which of the following postings to costing-based profitability analysis can you carry out a valuation?(Choose two) For transfer cost center cost by assessment. For transfer of billing documents. For incoming sales orders. For activity allocation.
How can you set up a valuation based on a cost estimate in costing-based profitability analysis? (Choose three) By assigning the costing variant to valuation variant. By assigning the costing key to value fields. By assigning the costing key to products. By assigning the costing key to material types. By assigning the costing variant in the costing key.
Why should you use extracts in Report Painter reports? To reduce runtime. For automatic data aggregation. To reduce use of space in the database. For automatic updates when new postings are added.
Which of the following are characteristics of Master Data? (Choose two) Is typically assigned to organizational levels. Must be assigned on client level. Is used long-term for multiple business processes. Cannot be changed after creation. Is a template for transactional data.
You are missing the commitment values for internal orders.
Where do you have to activate commitment management to get these values? (Choose two)
In the original order budget In the controlling area In CO version 0 In the order type.
A customer plans to prepare their processes for legal consolidation. Which options are possible to assign the trading partner in the system?(Choose two) The trading partner can be assigned in the material master directly. The trading partner can be assigned in a profit center directly. The trading partner can be assigned in G/L accounts directly. The trading partner can be assigned in customer and vendor master records.
What is the correct sequence of the critical tasks in a New General Ledger Accounting migration? 1. Close previous fiscal year using classic G/L
2. Switch off classic G/L
3. Perform new G/L migration and turn on new G/L 1. Close previous fiscal year using classic G/L
2. Perform new G/L migration and turn on new G/L
3. Switch off classic G/L 1. Switch off classic G/L
2. Perform new G/L migration and turn on new G/L
3. Close previous fiscal year using classic G/L 1. Perform new G/L migration and turn on new G/L
2. Close previous fiscal year using classic G/L
3. Switch off classic G/L.
A company runs Sales Order Management and account-based CO-PA. Which transaction posts the cost of goods sold to account-based CO-PA? The "periodic transfer of incoming order value" creates the posting. The goods issue creates the posting. The billing creates the posting. Saving the released sales order creates the posting.
Which are the main elements of the Roadmap structure screen? Roadmap structure Viewing/Text area Attachments Area Roadmap structure Blueprint area Attachments Area Roadmap structure Blueprint area Go-live Area Roadmap structure Viewing/Text area Go-live Area.
Excluding the Continuous improvement phase, how many phases are there in the Accelerated SAP roadmap?
Please choose the correct answer. 4 3 5 6.
How is the preliminary costing of a production order calculated?
Please choose the correct answer. The quantity structure in the production order is valuated by the costing variant settings The costs are determined by the cost estimate of a reference order. The actual quantities are valuated with plan values. The standard price cost estimate of the material master record is adjusted to the order quantity.
You would like to use product cost controlling by sales orders in a make-to-order (MTO) production with sales order stock. How should you configure the system?
Please choose the correct answer. Account assignment category: E Special stock: E Account assignment category: M Special stock: E Consumption posting indicator: Blank Special stock: E Consumption posting indicator: E Special stock: Blank.
You are creating an FI posting in classic GL with assignment to a CO object?
Please choose the correct answer. The posting cannot be saved. The posting will be assigned to the dummy profit center. The posting will only be posted to the original assigned CO object. The posting will be assigned to the top node of the profit center standard hierarchy.
Overhead Cost Controlling component enables you to plan, allocate, control, and monitor
overhead costs. Which of the following fall under Overhead Cost Controlling?
There are 4 correct answers to this question. Cost Element Accounting Cost Center Accounting Internal Orders Activity Based Costing Plant based Costing.
Which of the following statement are correct?
Please choose the correct answer. Cost element category controls FI posting only Cost element is a must for all GL accounts All Profit and Loss general ledger accounts except tax accounts should be cost element. All cost elements are linked to Activity type.
Which of the following statement are correct?
i) Direct activity allocation deals with the measurement, posting and allocation of an organizational activity.
ii) We need to create an activity type to directly allocate activity.
iii) More than one cost center can be the sender of an internal activity allocation & the receiver can be any real management accounting object.
iv) During direct activity the sender cost center are debited and the receiving cost object are credited.
Please choose the correct answer. Only i Both i& ii Both i& iii Both ii & iii Both iii & iv.
A customer plans to prepare their processes for legal consolidation. Which options are possible to assign the trading partner in the system? (Choose two) The trading partner can be assigned in the material master directly. The trading partner can be assigned in a profit center directly. The trading partner can be assigned in G/L accounts directly. The trading partner can be assigned in customer and vendor master records.
Which planning transactions debit receivers with secondary cost elements?
There are 2 correct answers to this question. Transfer of depreciations from Asset Accounting Activity input planning Transfer of personnel costs from SAP HCM Plan assessment.
Which of the following statement is true in reference to Financial & Management Accounting?
Please choose the correct answer. Financial accounting is for internal management whereas Management accounting is for external management like stockholders, financial institutions, government& tax authorities. Management accounting is made on the line of standard & legal requirement whereas financial accounting is made as per the internal requirement of the organization. Financial accounting is standard as per legal requirement whereas management accounting is flexible& as per the requirement of the management. Financial accounting reflects the revenue, cost involved in different area whereas management accounting reflects the profitability of the business.
Which of the following is an application of reference and simulation costing? To update the standard price of a reference material. To calculate a simulated product without material master To calculate a price for an internal activity. To create a material costing for simulation purposes.
You have been asked to explain the benefits of integrating CO-PA with SAP Business information Warehousing. What are they?
There are 3 correct answers to this question. Low Volume data Cross Application reporting Collecting data from different systems Combining legacy system data with CO-PA data All the above.
Difference between periodic reposting and distributions are
There are 2 correct answers to this question. For periodic reposting separate credit record is written in the sender cost center whereas for distributions no separate credit record is written in the sender cost center. In periodic reposting no partner is updated where during distribution the system also updates the partner in the total record for the sender. The distribution is used to transfer primary as well as secondary costs whereas periodic reposting is used to transfer primary costs. The performance of periodic reposting is better distribution.
In variance calculation we are using actual costs as the control costs and planned costs as the target costs. Which target cost version we are using?
Please choose the correct answer. Target cost version 0–total variance Target cost version 1–production variance Target cost version 2–planning variance Target cost version 3–production variance of the period.
In customization for costing based CO-PA we assign costs and revenues to the required
value field. Match the following sources of value fields.
1 Cost Estimate i. Fixed Cost of Goods Manufactured
2 WBS Elements ii. Freight costs
3 General ledger Posting iii. Research & development costs
4 Production order iv. Estimated bonuses
5 Additional costs v. Production Variances
Please choose the correct answer. 1-i., 2-iii.,3-ii.,4-v.,5-iv. 1-iv., 2-ii.,3-iii.,4-v.,5-i. 1-ii.,2-iii.,3-i.,4-v.,5-iv. 1-v., 2-iii.,3-ii.,4-v.,5-i.
Expenses in Finance which are relevant to cost accounting are recorded in controlling using
Please choose the correct answer. Primary expenses elements Secondary expenses elements Primary cost elements Secondary cost elements.
You want to enter items in a reference and simulation cost estimate manually. Which item categories can you use?
There are 3 correct answers to this question. I - Sales order item M - Material E - Internal activity K - Cost center B - Base planning object.
Why do you use variants in reporting? (Choose two) To specify parameter values for background processing. To optimize the runtime of a report. To predefine values for complex selection screens. To permit quick navigation between CO objects.
Which of the following statement are correct in context of cost center accounting in an organization?
Please choose the correct answer. Determining the cost incurred within an organization Measuring the cost efficiency at various area of organization. Valuate semi finished, finished goods realistically Revenues can be posted directly to cost center.
You use real-time reconciliation between Controlling (CO) and Financial Accounting (FI) within New General Ledger Accounting.
You therefore want to receive a reconciliation posting in FI when you allocate an internal activity between cost centers assigned to different profit centers. How do you fulfill this requirement?
There are 2 correct answers to this question. Select profit center as a characteristic for real-time reconciliation. Define a general ledger reconciliation account for direct activity allocation. Execute the periodic transfer to Profit Center Accounting. Carry out a reconciliation run for activity types in the new general ledger.
Excluding the Continuous improvement phase, how many phases are there in the Accelerated SAP roadmap?
Please choose the correct answer. 4 3 5 6.
The controlling department requires the production order variances to be settled to profitability analysis. How can you achieve this?
There are 2 correct answers to this question. Set the Variances indicator in the settlement profile Assign an allocation structure to the settlement profile. Set the To Be Settled in Full indicator in the settlement profile. Assign a PA transfer structure to the settlement profile.
The differences between Summarization vs. saving reports is as below, which statement is not correct?
Please choose the correct answer. Navigation in hierarchies possible in summarization while no navigation in hierarchies is possible in saving. Navigation in reports not possible in summarization while navigation in reports is possible in saving reports. In summarization different reports from same areas data, while data save according to specific report in saving reports. Quick ad hoc reports in summarization while specific report in saving reports.
What are the period end closing activities for sales order without production i.e. service?
There are 2 correct answers to this question. Result analysis to calculate the costs and revenues of the cost object The revenues and costs of the sales are settled to financial accounting and profit center accounting Stocks and reserves are settled to profitability Create a debit memo based on CO line items.
You want planning for profit center accounting & for that you need to perform certain configuration. Which of the following statements are correct?
Please choose the correct answer. You have to activate the summary tables The planning layout is by default available for planning The plan period for planning is copied from the fiscal year variant of company code The planning document type is already activated.
The assignment of organizational units, company code ,business area or profit center of a cost center can be changed during the financial year only if following criteria is meet: Which of the above statement is not correct?
Please choose the correct answer. The currency of new & old company code is same. The planning data has only been posted in the fiscal year. The cost center has not been assigned to a fixed asset, HR master record or work center The transaction data has been posted in the fiscal year.
Why is preliminary cost estimate required?
Please choose the correct answer. To valuate work in progress To calculate production variances in variance calculation. To valuate the unplanned scrap in variance calculation. To confirm the actual activity quantities. All the above.
Which of the following statements are correct?
Please choose the correct answer. Accrued costs have a corresponding expense in financial accounting. Valuation difference doesn’t have a corresponding expense Additional costs have a corresponding expenses Accrual calculation is used to distribute irregular expenses to the relevant periods.
Suppose the financial accounting & management accounting has same number of posting period, but in financial accounting four special periods have been setup but in management accounting two special periods have been setup.
The posting in financial accounting are done for third & fourth special period then what will be the posting in management accounting?
Please choose the correct answer. The posting will be done in last management accounting posting period. The posting will be done in the first special period in management accounting. The posting will be done in the Second special period in management accounting. No posting will be done in management accounting.
You are using top down distribution function in CO-PA planning. Which of the following statement are not correct?
Please choose the correct answer. It can only be used for automatic planning. Distributing data that has been planned at one level in CO-PA, to the additional level based on some reference data. Reference data by period or reference data aggregated across the periods. Distribute the data from a higher planning level to lower levels.
You want to settle an internal order to cost centers, but the system does not allow you to enter a settlement rule. What do you check?
Please choose the correct answer. Whether the sender and receiver are assigned to the same profit center Whether the Statistical Order indicator is set Whether the PA transfer structure of the order is maintained Whether the costing sheet is maintained.
The difference between Planning vs. Budgeting is as below, which statement is not correct?
Please choose the correct answer. Planning is cost oriented whereas budgeting is funds oriented. The planning change easily where as budgeting is a binding value and new line item created for each changes. Planning is based on approved funds whereas budgeting is based on funds requested. Unutilized budget can be carried forward in subsequent fiscal year but no such function is available in planning.
What data is retained when a material cost estimate with quantity structure is saved?
There are 3 correct answers to this question. Itemization Log Extract Variance categories Cost component split.
Which of the following statement is not correct in reference to statistical orders?
Please choose the correct answer. Statistical order is used to evaluate costs which cannot be itemized in details in Cost Element or cost center accounting In order master data we can assign cost center to be posted. If the statistical order has to be posted cross-company code or cross-business area we do not assign a company code or business area. We can settle statistical orders and apply overhead to them.
Which of the following statements are correct?
Please choose the correct answer Cost center can be defaulted in all FI line items in all GL accounts Internal order can be defaulted in all FI line items in all GL accounts Cost center can be defaulted in GL accounts provided it is assigned to company code. Cost center is linked to company code as Chart of accounts is linked to the same company code.
While working with account assignments, you need to follow certain rules. Which of the following rules need to be followed?
There are 2 correct answers to this question. You need to specify a true Controlling object in each posting item. In each posting item, you can specify up to four statistical Controlling Objects in addition to the true Controlling Object. The same Controlling Object can be specified as True and statistical in the same posting item. You can make true revenue posting to a real estate object.
You are creating a customer-specific drilldown report for new general ledger accounting, which of the following elements are required?
There are 2 correct answers to this question. A report header Characteristics A form Variables.
What is the purpose of material ledger?
Please choose the correct answer. The requirement of track the inventories values in more than one currency in SAP ERP. Multi level price determination can calculate the variances that flowed to the higher levels of production process. Material ledger can be used to revaluate products or raw materials based on actual prices during the period-end closing. All the above.
Report Writer library is a collection of?
Please choose the correct answer. Characteristics Basic key figures Key figures Report groups.
Let say for a product there exists three production versions. There are steps required to create a mixed cost estimate. What are they?
Please choose the correct answer. Create procurement alternatives for each of the production version. Define mixing ratios for the procurement alternatives. Select the configured quantity structure type and execute a material cost estimate based on the costing version. All the above.
Which of the following statement not correct with reference to overhead costing sheets?
Please choose the correct answer. It allows to differentiate overhead cost rates or amounts by plant. It allows to differentiate overhead cost rates or amounts by company code. It allows to differentiate overhead cost rates or amounts by profit center. It allows to differentiate overhead cost rates or amounts by material origin.
You want to receive internal activities in the material cost estimate by using a routing. How do achieve this?
Please choose the correct answer. Assign a cost element with type 43 (internal activity allocation) to the routing operation. Assign a cost center with category "production" to the routing operation. Assign a cost center and its activities to the corresponding work center. Assign a cost center and its activities directly to the routing header.
What are the requirements to create primary cost component splits?
Please choose the correct answer. Assign a cost component structure in the CO version in cost center and process cost planning. Determine the prices through planned price iteration. Define a cost component structure for the primary cost component split of product cost planning. Define a transfer structure for the transfer of cost components in cost centers and Activity-based-costing to the cost components. All the above.
Your organization wants to find out the following:
Where is the overhead costs incurred in the organization?
How to allocate the overhead costs from different areas to the actual cost causes?
Cause based allocation of costs in the form of activities?
How the responsibility areas working efficiently?
Please choose the correct answer. Cost Center Accounting Cost Element Accounting Profit Center Accounting Overhead Cost controlling.
What is the purpose of a report group in Report Painter reporting?
Please choose the correct answer It adds a report as a subfolder to the standard information system. It serves as a template for the creation of new Report Painter reports It improves performance when switching reports via the report-report interface It defines characteristics that can be used by reports contained in a group.
You are using plan revaluation function in CO Planning. Which of this statement is correct?
Please choose the correct answer. It can be used to create a new plan based on planned version or actual version. You do not need to manually rekeying the plan. You can maintain different planned version. All the above.
Which of the following statement are correct in reference to primary cost element?
Please choose the correct answer. It can be created without the respective general ledger existing in Operational charts of accounts. The posting of primary cost element doesnt require an object in the management accounting to identify the origin of the costs. You need to create expense accounts in financial accounting with corresponding primary cost elements in controlling. An example of primary cost is depreciation of fixed assets, telephone expenses, repair& maintenance expenses in a manufacturing organization.
What the significance is of valuated sales order stock?
There are 2 correct answers to this question. Variances cannot be determined for this production orders Combined quantity and value flow Assembly costs shown without multi-level make-to-production Provides a cost component split for the cost of goods sold.
A controlling area has been created for more than one company code. Which of the following statement are not correct?
Please choose the correct answer. The operating chart of accounts for company codes & controlling area has to be identical. The profit centre covers more than one company codes. The closing in management accounting is independent of final closing in financial accounting. Group costing is required for goods manufactured across the company code.
The characteristic of tangible goods are stated below. Which of the following statement not correct?
Please choose the correct answer. Materials can be produced in-house, subcontracted or procured externally. Product object. cost estimate can also be used for comparison purpose in cost controlling No inventory exists. The product cost planning is used to arrive at the cost estimate for the same.
Why is preliminary costing used for product cost collector?
There are 3 correct answers to this question. To determine the activity quantity to be confirmed in repetitive manufacturing To valuate work in progress To calculate actual costs on the basis of preliminary cost to valuate the production and scrap variances Costing lot size, BOM and routing of production process used to arrive at preliminary costing.
Which of the following statement is correct with reference to activity type?
There are 2 correct answers to this question. It classifies the specific activities provided by a cost center along cost allocation line. It serves as tracing factor for this cost allocation. The system calculates the associated cost based on the activity price and generates a credit to the receiver and a debit to the sender for both the quantity and the costs. The internal activity allocation is carried out via primary cost elements, which are stored in master data of the activity type master record.
Which of the following statement not correct with reference to revaluation?
Please choose the correct answer. We can increase or decrease planning data on a percentage basis. We can revaluate cost and amounts. We can revaluate all cost elements used in the primary cost element and revenue planning. We can revaluate assessment cost center, imputed cost elements and cost elements used in indirect activity allocation.
A customer, who already runs SAP ERP, wants to implement a BI solution. You are building a presentation in order to show the advantages of the SAP BI solution.
What would be the key benefits of SAP BI in your presentation? (Choose two) SAP BI always provides real-time data from operative SAP applications. SAP BI enables Online Transaction Processing (OLTP) for the staging of information from large amounts of operative and historical data. SAP BI, with its delivered Business Content, can be easily set up to extract data from SAP applications. SAP BI easily integrates information from various operative SAP applications and non- SAP applications.
What happens when a confirmations is being done in process order?
Please choose the correct answer. The internal activity allocation Withdrawals and consumption of inputs Receipt of finished products in stock All the above.
Which of the following statements are TRUE regarding SAP Solution Manager?
There are 2 correct answers to this question. It is the same toolset as ASAP It is an integrated platform that controls both implementation and operation of the live system Supports customers in ALL project phases, from creating a blueprint to configuring business processes and testing through support of the live environment Can only be used to manage business processes on SAP.
Which of the following activities would occur in Phase 2?
There are 2 correct answers to this question. Finalizing the project scope Defining and documenting all business requirements, both functional and technical End user training Cycle and integration testing.
Your company is implementing SAP & wants to analyze profit in your organization. You have chosen Profitability Analysis over Profit Center Accounting. What are the reasons for choosing the same?
There are 2 correct answers to this question. Analyzing the internal Profit and loss of organizational subunit. Analyzing the profitability of segments of your market, structured according to customers, products, orders, etc. and organizational units. The data need to be analyzed by period, or project, or by orders. The data need to be analyzed by period.
The function of drilldown reports are divided into 3 levels, so that each user can be given a functionality which he or she requires.
Now you have been asked to assign a user the basic functionality of drill down report & able to send the same to other user via SAPmail.
Which version will be assigned to him?
Please choose the correct answer. Report level = 0 Report level = 1 Report level = 2 Report level = 3.
Which of the following statement correct with reference to component scrap?
Please choose the correct answer. Component scrap is used in MRP to determine the input quantities of component. The system increases the lot size. The system increases the quantity to be produced. All the above.
What can you achieve by using a key figure scheme in drilldown reports in profitability analysis?
Please choose the correct answer. You can access several databases simultaneously. You can calculate lines with subtotals in a drilldown report. You can improve the runtime of the drilldown report. You can create summarization levels with predefined key figures.
How does the cost and revenue flow to the profit center?
There are 2 correct answers to this question. The profit center is assigned to the cost center master data. The profit center is assigned to sales order The profit center is assigned to material master. All the above.
You post goods to storage location
You notice that documents are missing, so you decide that the goods should not be used any further for the time being. The missing documents turn up at a later stage and you proceed with the respective posting. The goods are subsequently moved from storage location A to storage location B, which you also record in the system. In what sequence are the three goods movements carried out? Select the correct answer. Goods receipt - transfer posting - goods issue Goods receipt - transfer posting - stock transfer Goods receipt - stock transfer - transfer posting Goods receipt - transfer order - goods issue.
Which of the following statement is not correct?
Please choose the correct answer. Statistical key figures are tracing factor for reposting & allocation of the cost relating to cost center, profit center, Overheads. We can post both planned as well as actual statistical key figures. The fixed value statistical key figure is posted in the period in which it is entered. We can use statistical key figures both as a basis for periodic transactions and for analysis of key figures.
Which of the following statement are correct with reference to Standard price?
Please choose the correct answer. All stock posting takes place at moving average price. Price fluctuations credit/debit the cost objects. Price difference cannot be subsequently adjusted to the ending inventories or the consumed products. Where the price varies from the standard price, the differences are posted to material account.
You are using drill down reporting to evaluate data in Profitability analysis and you have defined an exception for an entire column, which of the following functionality is available in the drill down report?
There are 2 correct answers to this question. The exception can be applied to entire list of the report. The exception can be defined on a drill-down list. The exception consists of two threshold values The exception is not visible if we drill down to next level.
In costing, a strategy sequence is used to select a vendor or purchasing info record. The
selection criteria are as follows:
i) Prices of vendors
ii) Source list for material.
iii) Purchasing info records.
iv) Quota arrangement for material.
Please choose the correct answer. iv, i, ii, iii iv, ii, iii, i i, iv, ii, iii iii, i, ii, iv.
What can be sender & receiver in distribution?
Please choose the correct answer. Sender Cost center, project, business process. Receiver Cost center, internal order, WBS element, cost object, business process. Sender Cost center, internal order, project, business process. Receiver Cost center, internal order, WBS element, cost object, business process. Sender Cost center, cost object, project, business process. Receiver Cost center, internal order, WBS element, cost object, business process. Sender Cost center, business process. Receiver Cost center, internal order, WBS element, cost object, business process.
Which of the following is the sequence of step in sales process?
Please choose the correct answer. Quotation > Delivery > Sales order > Payment > Billing Quotation > Sales order > Delivery > Payment > Billing Quotation > Sales order > Delivery > Billing > payment Billing > Delivery > Quotation > Payment > sales order.
For which purpose can you use the result of a reference and simulation cost estimate? To calculate a price for an internal activity To calculate a simulated product without a material master To update the plan data of a production order To update the standard price of a reference material.
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