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SAP S/4HANA for Management Accounting 1809 and 1909 - T1

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Title of test:
SAP S/4HANA for Management Accounting 1809 and 1909 - T1

Description:
SAP S/4HANA for Management Accounting

Author:
Rahul
(Other tests from this author)

Creation Date:
12/01/2021

Category:
Others

Number of questions: 80
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Content:
Which of the following are typical activities of the sales planning phase in SAP S/4HANA? There are TWO correct answers for this question Manual entry of data Bottom-up distribution Transfer of GL account data Top-down distribution.
What can you define for a user status in the status profile? The assigned user status after a business transaction is executed The versions for which you can enter plan data The business user IDs authorized to change the user status The order types for which a user status is valid.
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? There are 2 correct answers to this question. It can be overwritten in the application It can be defined for postings on general ledger accounts of primary costs type It takes precedence over validation and substitution It can be defined for postings on general ledger accounts of secondary costs type.
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 External goods receipt on sales order stock Production order settlement Delivery from production order to sales order stock Production order confirmation.
Where do you activate commitment management for internal orders? There are TWO correct answers for this question In the controlling area In the order type In the budget profile In the company code.
At which level do you define the valuation method for results analysis? Please choose the correct answer. Sales organization Controlling area Operating concern Company code.
How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis? Please choose the correct answer. By defining the characteristic value in the field catalog By defining the characteristic value as a key figure By defining the characteristic value as a value field By defining the characteristic value in the check table.
Which object can you configure t offset overhead surcharges for a cost object? There are THREE correct answers for this question Profitability segment Business process Internal order Cost center Profit center.
What can you do with statistical internal orders? Please choose the correct answer. Transfer posting to another internal order. Apply overhead rates to the internal order Settle costs to a cost center. Simultaneously post to a cost center.
What master data objects can you set up using time-based fields? There are 2 correct answers to this question. Standard hierarchies Activity types Cost centers Statistical key figures.
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. Mark the cost estimate. Archive the cost estimates Split the costs Release the cost estimate.
What can you manage via the account assignment category? There are 2 correct answers to this question. Costing variant Product cost by sales order Valuated sales order stock Separate sales order stock.
Which costs exist in SAP S/4HANA? There are TWO correct answers for this question Primary costs with G/L account Primary costs without G/L account Secondary costs without G/L account Secondary costs with G/L account.
What is the default option for planning profit center values in SAP S/4HANA? Please choose the correct answer. Financial accounting planning Profitability analysis planning Management accounting planning Business planning and consolidation.
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 Goods issue from order Purchase requisition Incoming invoice Outgoing payment.
When do you select the percentage method for accrual calculation? There are TWO correct answers for this question When you accrue activity-independent costs and an appropriate cost element is NOT available When you accrue activity-dependent costs and an appropriate cost element in NOT available When you accrue activity-independent costs and an appropriate cost element for defining overhead rates is available When you accrue-dependent costs and an appropriate cost element for defining overhead rates is available.
In which SAP S/4HANA components can you report the results of the results analysis? There are 3 correct answers to this question. Profitability analysis Sales and distribution Financial accounting Profit center accounting Inventory management.
Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA? CE1XXXX ACDOCA BSEG COEJ.
You need to assign a company code to a controlling area. Which settings must be identical for both organizational objects? There are 2 correct answers to this question. Operational Chart of accounts Currency Operational Posting period Fiscal year variant.
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. Settlement profile Settlement rule Template Allocation structure.
For which objects can you revaluate activities and business processes at actual prices? There are THREE correct answers for this question Work breakdown structure elements Work centers Cost centers Profitability segments Profit centers.
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 Company code currency Controlling area currency Transaction currency Object currency Reference currency.
How does SAP S/4HANA capture costs? There are 2 correct answers to this question. Secondary costs are captured as secondary cost elements, and NOT as general ledger accounts. Only primary costs are captured in general ledger accounts. Primary and secondary costs are captured in general ledger accounts. All primary and secondary costs are captured by creating them as cost elements.
Which receiver must be allowed in the settlement profile of a product cost collector? Please choose the correct answer. Material Order Cost center Business process.
What can you use to difference two or more cost estimates for the same material? There are TWO correct answers for this question Transfer control Costing variant Costing version Valuation variant.
Which functionalities can create primary cost component splits? There are 2 correct answers to this question. Business processes price calculation Cost center/activity type price calculation Settlement of internal orders Execution of the assessment cycles.
Which object do you configure to reuse material cost estimate for the costing process? Quantity structure control Transfer control Valuation variant Group costing.
A profit center standard hierarchy contains all profit centers that are assigned to which organizational unit? Please choose the correct answer. Client Operating concern Plant Controlling area.
You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this? There are 2 correct answers to this question. By marking the Relevance to Costing indicator in the operation By assigning a cost center to the work center in the operation By marking the cost indicator in the control key assigned to the operation By defining a usage key in the header of the routing.
Which statement best describes a cost center standard hierarchy? Please choose the correct answer. It represents an organizational unit in SAP S/4HANA where the costs and revenues are incurred and reported It is grouped together with alternative hierarchies to represent decision control and responsibility units. It is a structure to which all the cost centers within a controlling area are assigned. It enables you to assign the same attributes to similar cost centers within a controlling area.
Which cost estimates must you reuse with the transfer control functionality? Please choose the correct answer. Cost estimates across company codes Cost estimates with quantity structure Cost estimates with same cost component structure Cost estimates within the same plant.
What do you get if you mark a standard price cost estimate? There are TWO correct answers for this question A future standard price A cost-based CO-PA document for material revaluation An accounting document for material ledger A new status in the cost estimate.
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 Tracing factor Cycle iteration Template PA transfer structure.
You have activated budget availability control for an internal order and entered an overall budget of 10000. Actuals of 10000 were posted for this internal order in the current year. How is that possible? There are 2 correct answers to this question. The cost element is exempted from budget availability control The purchase order has NOT generated a budget document yet. The difference of 1000 is within the tolerance limits defined in the configuration. The purchase order was entered in a different year than the budget.
Which order status is relevant for creating work in process (WIP) calculations when you use Product Cost by Order (PCO)? Created Partially released Delivered Technically completed.
Which controls can you set when you determine a characteristic derivation? There are 3 correct answers to this question. Overwriting authority Display authority System response when unsuccessful Valuation calculation Conditions for execution.
Which of the following values can be calculated using results analysis? There are 3 correct answers to this question. Work in progress Cost of sales Cost of goods manufactured Gross margin Reserves for unrealized costs.
In a standard system delivery, how many characteristics can be added to an operating concern? Please choose the correct answer. 71-100 Over 150 0-70 101-150.
What can you configure in the settlement profile? There are 2 correct answers to this question Define a number range for settlement documents Define document management parameters. Determine an overhead key. Determine whether settlement is required.
You want to enable WIP calculation in Product Cost by Period. What do you need to configure? Please choose the correct answer. Settlement profile Variance variant Profitability Analysis (PA) transfer structure Valuation variant.
You are considering using commitment management with internal orders. What do you need to do in the configuration? Please choose the correct answer. Activate commitment management in both the company code and the order type. Activate commitment management only in the controlling area. Activate commitment management only in the order type Activate commitment management in both the controlling area and the order type.
What is the difference when you perform repost line items (TA: KB61) compared to manual reposting of costs (KB11n) for a cost center? There are TWO correct answers for this question The report of the line item is updated in the original F1 document The line item values are validated against the original document There is the option to assign the line item to several receiver objects The line item needs a reference to an FI document.
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. Account assignment category Valuation variant Costing type Requirements class Requirement type.
Which of the following statements best describe Product Cost by Order? There are 2 correct answers to this question. It is used when controlling by individual production lots or discrete quantities is needed. It is recommended for products with a long production time. It is used when you perform repetitive manufacturing. It is used when full cost traceability is needed.
Which activities can you perform while you create cost center hierarchies? There are 2 correct answers to this question. Create a cost center without specifying a standard hierarchy. Assign a standard hierarchy to several controlling areas Reassign a cost center to another node of the standard hierarchy. Append nodes and cost centers to a node of the standard hierarchy.
Which settings can you configure per order type for the budget and availability control? There are TWO correct answers for this question Budgeting on cost element level Budget tolerance limits Budget data entry layout Design budget manager.
When you create a planning layout, which objects can you use to define the data columns? There are THREE correct answers for this question Value fields Formulas Distribution key Characteristics Summarization level.
You want to use a template for activity and process assignment to your material cost estimate. What do you need to do? Assign a template directly to costing view 1 of the material master record Assign a template to an operation in the routing of the material Use the costing sheet of the costing view 1 in the template determination table Use the template allocation function in the material cost estimate and the costing run.
What can you specify when you create an activity type? There are THREE correct answers for this question The primary costs G/L account for internal activity allocation The activity type category for allocation The valid sending cost center types The secondary costs G/L account for internal activity allocation The valid receiving cost center types.
What can you define for a user status in the status profile? The assigned user status after a business transaction is executed The versions for which you can enter plan data The order types for which a user status is valid The business user IDs authorized to change the user status.
Which of the following controls can you set when you determine a characteristic derivation? There are 3 correct answers to this question. Valuation calculation System response when unsuccessful Display authority Conditions for execution Overwriting authority.
You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this? There are 2 correct answers to this question. By marking the Relevance to Costing indicator in the operation By marking the cost indicator in the control key assigned to the operation By assigning a cost center to the work center in the operation By defining a usage key in the header of the routing.
Which order status is relevant for creating work in process (WIP) calculations when you use Product Cost by Order (PCO)? Created Technically completed Partially released Delivered.
You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? There are 3 correct answers to this question. To define users for the order To define the user status To set the initial status as Created or Released To activate the CO partner update To permit or forbid specific transactions.
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 Tracing factor PA transfer structure Cycle iteration Template.
What are some of the objectives of Profitability Analysis? There are 2 correct answers to this question. 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 standard costs and revenues according to the period accounting method. Allow the company to determine if the sales force achieved their contribution margin goals.
Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA? ACDOCA COEJ CE1XXXX BSEG.
Which criteria do you use to specify the G/L account for the work in process (WIP) settlement? There are THREE correct answers for this question Results analysis profit center Results analysis cost element Results analysis category Results analysis version Results analysis method.
What action do you perform to use the Cost-Based Percentage of Completion (POC) method? Costing of an order Running the results analysis Setting to profitability analysis Billing of a sales order during production.
How does SAP S/4HANA capture costs? There are 2 correct answers to this question. 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. Only primary costs are captured in general ledger accounts Primary and secondary costs are captured in general ledger accounts.
In the material master record there are three planned prices. What do you use them for? Please choose the correct answer. To valuate goods movement To valuate material stocks To update the standard price during the release of a standard cost estimate To valuate the materials in cost estimates.
A profit center standard hierarchy contains all profit centers that are assigned to which organizational unit? Please choose the correct answer. Client Plant Controlling area Operating concern.
Which of the following statements are applicable to SAP S/4HANA embedded analytics? There are 2 correct answers to this question. It uses core data services (CDS) views to create virtual data models (VDMs) for reporting. It is part of the core SAP S/4HANA license and uses the same technical stack and user interface. It is part of SAP S/4HANA Strategic Analytics tools stack that uses virtual data models for reporting. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analytics Tools for reporting.
Where can you adjust the automatic account assignment? There are TWO correct answers for this question Cost center (TA: KS01) G/L account (TA: FS00) Substitution (TA: GGB1) Default account assignment (TA: OKB9).
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 Calculate production variances Perform results analysis Transfer reserves for realized costs Settle the variances to CO-PA.
How can you configure the transfer price solution in SAP S/4HANA? There are 2 correct answers to this question. Use separate currency types within the same ledger for each valuation. Use separate accounts for each valuation. Use separate segments for each valuation. Use separate ledgers for each valuation.
Which processes belong to the “final costing” of cost objects? There are TWO correct answers for this question Overhead surcharge Revaluation at actual costs Variance calculation Work in process.
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. Variance calculation Cost splitting Accrual calculation Periodic reposting.
Which are mandatory attributes, when you create an operating concern with costing-based and account-based CO-PA? There are TWO correct answers for this question Fiscal year variant Second period type Company code currency in costing-based CO-PA Operating Concern Currency.
You have activated budget availability control for an internal order and entered an overall budget of 10000. Actuals of 10000 were posted for this internal order in the current year. How is that possible? There are 2 correct answers to this question. The purchase order has NOT generated a budget document yet. The cost element is exempted from budget availability control The difference of 1000 is within the tolerance limits defined in the configuration. The purchase order was entered in a different year than the budget.
Which object do you configure to reuse material cost estimate for the costing process? Quantity structure control Group costing Transfer control Valuation variant.
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. Payment discount Order quantity Revenues Accruals Sales deductions.
You enter the actual activity quality for work and vacation in the cross-application time sheet. Which options can you choose in the master data of the activity type to ensure the quantities and values are posted in Management Accounting? There are TWO correct answers for this question Manual entry, manual allocation Manual entry, indirect allocation Indirect determination, indirect allocation Manual entry, no allocation.
In a standard system delivery, how many characteristics can be added to an operating concern? Please choose the correct answer. 0-70 71-100 Over 150 101-150.
Which cost estimates must you reuse with the transfer control functionality? Please choose the correct answer. Cost estimates within the same plant Cost estimates with same cost component structure Cost estimates with quantity structure Cost estimates across company codes.
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery? Please choose the correct answer. Periodic accounting-based Costing-based only Account-based only Both account-based and costing-based.
For which objects can you revaluate activities and business processes at actual prices? There are THREE correct answers for this question Cost centers Profitability segments Work centers Work breakdown structure elements Profit centers.
Which characteristic of an internal order does the order type control? Budget profile assigned to the order Controlling areas the order is assigned to Time period for which the order is valid Types of costs posted to the order.
To which objects do you assign the elements of the cost component split to ensure the transfer of costing to costing-based CO-PA? Segments Value fields G/L accounts Controlling areas.
How does SAP S/4HANA select line-item-based data for costing-based Profitability Analysis reports? Please choose the correct answer. It selects actual data from table CE1XXXX and plan data from table CE2XXXX. It selects actual data from table CE2XXXX and plan data from table CE3XXXX. It selects actual data from table ACDOCA and plan data from table COSP. It selects actual data from table ACDOCA and plan data from table ACDOCP.
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