Sap CO - Planning Budgeting and Availability Control

The types of budgets are. Original Budget. Budget updates. Current Budgets.

The original Budget can be freezed by using __________. Status Management. Locking. Blocking any further entries to the budget profile.

The system does a validation as to the overall value of the order, by comparing the same with the budget, when the budget is saved. True. False.

A budget profile needs to be assigned to the order type. True. False.

The number range used for the budget documents is. 01. 05. 06. 04.

Availability control. Can be activated manually. Can be activated automatically during the budgeting. Need not be activated.

Actual costs and commitiments are funds allotted to an order and they can be checked against the budget using_________. Budget profile. Avialability Control. Funds Management.

where do you define how availability control will operate for your order type. Customizing. Company Code. Controlling Area.

Tolerance Limits: Are used to define how the system should respond if the budget is over run. are defined in the budget profile according o business transaction groups. Difference tolerance levels can be set for differenct business transaction types.

Carry forward of the unused budget to the next fiscal year: Validate the followin statements: You can carry forward unused budgets to the next fiscal year. You can carry forward unused budgets even if the order is in closed status or flagged for deletion. You can execute carry forward for more than once in a fiscal year . Each time the programe carries forward only the budgets previously not carried forward. You can return funds to the old fiscal year upto the amount of budget actually carried forward. Commitments can alos be carried forward.along with the budget carry forward.

Budget Currencies: Validate the following statements. You can chose different curriencies to enter you budget. Budget items are converted and saved automatically in Controlling Area Current and the Object currency. If you use budgeting in controlling area currency then only Controlling area currency can be used for budgeting. If you chose Object currency then only Object currency will be used for budgeting. Object currency is stored in the Master Data of the object. You should chose in the budget profile of the order type or the project profile in which currency the budget items for the order would be entered. in R/3 system the availablility control function is available for all currencies.

The system creates a planning version automatically when the controlling area is created. Which version is that?. 1. 2. 3. 0.

A planning version can contain settings to each fiscal year and to each controlling area. True. False.

A plan cannot be copied from one fiscal year to another fiscal year. A new plan has to be created every year. True. False.

Standar planning lay outs are available for every type of planning area. True. FAlse.

Identity the types of planning area. Profit Center. Cost center. Activity type/prices. Cost element / activity input. Statistical Key Figures.

You can assign multiple planning layouts to a planner area. True. False.

You cannot group the planning layouts. True. False.

During the planning phase you can switch between the planning layouts that belong to a certain planning area or a planner profile. True. False.

Match the following. Standar Lay out 1-301. Standard Lay out 1-302. Standar Lay out 1-201. Standard Layout 1-101.

Activity types are allocated using a primary cost element which is stored in the master record of the activity type. True. False.