Test001

1-Which objects are predefined characteristics in SAP S/4HANA? There are 3 correct answers for this question. Controlling area. Company code. Plant. Region. Product category.

2- Which of the following statements are applicable to automatic account assignmentin SAP S/4HANA? There are 2 correct answers to this question. 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. It can be overwritten in the application.

3- Which attributes can you configure in the activity type master record? There are 3 correct answers to this question. Activity type category. Company code. Price indicator. CO version. Valid cost center categories.

4- Your customer defined one distribution cycle in SAP S/4HANA. You need to define anew distribution cycle. How can you ensure the new cycle is executed only after theexisting one is completed? Please choose the correct answer. Select iteration in the cycle header of both cycles. Assign each cycle to a different cycle run group. Select iteration in the cycle header of the new cycle. Assign both cycles to the same cycle run group.

5- What is the highest reporting level in management accounting? Please choose the correct answer. Operating concern. Company code. Profit center. Controlling area.

6- In the Product Cost by Order component, what does the system calculate dependingon the order status? Please choose the correct answer. WIP at actual costs or variances. WIP at planned costs or variances. Both WIP and variances or only variances. WIP at target costs or variances.

7- Which configuration is possible when you assign multiple company codes to acontrolling area in SAP S/4HANA? Please choose the correct answer. The company code fiscal year variant may differ from the controlling area fiscal yearvariant in the number of periods and number of especial periods. The company code currency may differ from the controlling area currency. The company code fiscal year variant may differ from the controlling area fiscal yearvariant In the number of special periods. The company code operational chart of accounts may differ from the controlling areaoperational chart of accounts.

8- You are implementing SAP S/4HANA and you want to run analytical reports off asingle data model. Which statement best describes reporting in SAP S/4HANA? Please choose the correct answer. Reporting on data in real time is difficult, and complex to design. Reporting can be either broad and deep for analysis, or speedy and simple, but notboth. Reporting analytical data is always done in a business warehouse system. Reporting on data is available in real-time at every level of detail.

9- Which costs exist in SAP S/4HANA? There are 2 correct answers for this question. Primary costs without G/L account. Primary costs with G/L account. Secondary costs with G/L account. Secondary costs without G/L account.

10- What are the benefits of using Account-based CO-PA in SAP S/4HANA? There are 2 correct answers to this question. Streamlined vendor management. Detailed cost allocation. Enhanced production planning capabilities. Real-time integration with financial accounting.

11- When you define assessment cycles for the period-end closing in overhead costaccounting, which object can you assign to the cycle segment? Please choose the correct answer. Settlement rule. Costing sheet. Allocation structure. Template.

12- Which of the following are true regarding settlement of internal orders in SAPS/4HANA? There are 2 correct answers to this question. Internal orders cannot be settled to a cost center. Settlement rules can be defined manually or automatically. Internal orders must be settled to a profit center. Settlement can be performed periodically or at the end of the order's lifecycle.

13- What can you specify when you create an activity type? There are 3 correct answers for this question. The valid receiving cost center types. The activity type category for allocation. The secondary costs G/L account for internal activity allocation. The valid sending cost center types. The primary costs G/L account for internal activity allocation.

14- Which of the following steps are part of the procedure to update the standard priceof the material? There are 2 correct answers to this question. Release the cost estimate. Archive the cost estimates. Mark the cost estimate. Split the costs.

17- Which tools can be used to ensure custom code compliance with SAP S/4HANACloud Private Edition's clean core strategy? There are 2 correct answers to this question. SAP Solution Manager. SAP Code Inspector. SAP Readiness Check. SAP Fiori.

15- At which level do you define the valuation method for results analysis? Please choose the correct answer. Company code. Sales organization. Operating concern. Controlling area.

16- What are some of the characteristics of Profit Center Accounting in SAP S/4HANA? There are 2 correct answers to this question. It can be used with period and/or cost of sales accounting. It is possible to derive the profit center from the segment in configuration. It is integrated in the universal journal. It can be used in the settlement rule for internal orders.

18- When is the standard hierarchy of the controlling area created? Please choose the correct answer. When the controlling area is assigned to the operating concern. When the first cost center for a controlling area is created. When the controlling area is defined. When the first company code is assigned to the controlling area.

19- What do you get if you mark a standard price cost estimate? There are 2 correct answers for this question. An accounting document for material ledger. A future standard price. A cost-based CO-PA document for material revaluation. A new status in the cost estimate.

20- What can you manage via the account assignment category? There are 2 correct answers to this question. Separate sales order stock. Product cost by sales order. Valuated sales order stock. Costing variant.

21- When trying to assign a profit center to a new cost center, you receive an error.What can cause this error? Please choose the correct answer. The lock indicator is activated in the profit center master record. The profit center has already been assigned to a different cost center. The validity period of the profit center is shorter than that of the cost center. The validity period of the cost center is shorter than that of the profit center.

22- Which data sources can be used for cost estimates in Product Cost Planning? There are 2 correct answers to this question. Bank statements. Bill of Materials (BOM). Customer invoices. Routing.

23- Which of the following values can be calculated using results analysis? There are 3 correct answers to this question. Work in progress. Cost of goods manufactured. Gross margin. Reserves for unrealized costs. Cost of sales.

24- You want to create a new standard cost estimate based on the quantity structure ofthe existing standard cost estimate. Which object do you use? Please choose the correct answer. Costing version. Costing type. Transfer control. Reference variant.

25- You want to prevent periodic cost fluctuations. Which activity should you choose todistribute irregular expenses to the relevant periods? Please choose the correct answer. Cost splitting. Accrual calculation. Variance calculation. Periodic reposting.

26- In SAP S/4HANA, you have decided to activate only account-based profitabilityanalysis for your organization. you want to settle costs and revenue of a sales orderitem to a profitability segment. What do you need to configure?. Cost component structure. Source structure. allocation structure. PA transfer structure.

27- Which of the following are steps involved in the Product Cost Planning process? There are 2 correct answers to this question. Manage customer relationships. Mark and release cost estimate. Process payroll. Create cost estimate.

28- What can you do with statistical internal orders? Please choose the correct answer. Simultaneously post to a cost center. Settle costs to a cost center. Apply overhead rates to the internal order. Transfer posting to another internal order.

29- Which object do you have to assign the cost component structure to? Please choose the correct answer. Material master record. Costing type. Valuation variant. Costing variant.

30- You want to create alternative plan versions for your controlling area, in addition toversion 000. What would you use additional CO versions for? There are 2 correct answers to this question. To store different plan data. To store parallel valuation. To store different budget data. To store actual-plan variance.

31- You want to enable WIP calculation in Product Cost by Period. What do you need toconfigure? Please choose the correct answer. Profitability Analysis (PA) transfer structure. Settlement profile. Valuation variant. Variance variant.

32- You are using availability control in your SAP S/4HANA system. Which documentscan cause the system to raise a warning message when the budget was exceeded? There are 2 correct answers to this question. Incoming invoice. Purchase requisition. Goods issue from order. Outgoing payment.

33- Scenario: You are the cost planning manager at a manufacturing company. Youhave been tasked with determining the cost of a new product using SAP S/4HANA'sProduct Cost Planning. Describe the steps you would take to create and analyze thecost estimate, ensuring accuracy and completeness. Please select all the correct answers that apply. Develop a routing plan to outline production steps. Mark and release the cost estimate for use in production planning. Calculate activity costs and overheads. Process customer invoices to determine pricing. Create a Bill of Materials (BOM) for the new product.

34- Which controls can you set when you determine a characteristic derivation? There are 3 correct answers to this question. Conditions for execution. Valuation calculation. System response when unsuccessful. Overwriting authority. Display authority.

35- What are some benefits of using profit center accounting in SAP S/4HANA? There are 2 correct answers to this question. Improved financial transparency. Enhanced product lifecycle management. Better internal reporting and analysis. Streamlined procurement processes.

36- You want to configure different cost centers in your company. Which setting in thecost center master data will you use to assign the same attributes to similar costcenters? Please choose the correct answer. Activity type. Functional area. Cost center category. Cost center type.

37- Scenario: You are an SAP consultant tasked with ensuring that a client's SAPS/4HANA Cloud Private Edition system adheres to a clean core approach. The clienthas several customizations in place. Describe the steps you would take to evaluateand streamline their customizations to maintain a clean core. Please select all the correct answers that apply. Implement user exits for necessary enhancements. Replace custom code with standard SAP functionality where possible. Develop new customizations to replace existing ones. Use SAP Fiori apps to replace custom user interfaces.

38- What is the primary purpose of maintaining a clean core in SAP S/4HANA CloudPrivate Edition? Please choose the correct answer. To ensure ease of future upgrades. To increase system performance. To enhance data security. To improve user experience.

39- Scenario: You are a management accountant at a large manufacturing companyusing SAP S/4HANA. The company has multiple plants and business areas. Yourtask is to ensure that cost accounting is integrated across all company codes andbusiness areas. Describe the steps you would take to achieve this integration in SAP S/4HANA. Assign all relevant company codes to a single controlling area. Configure cross-company code cost allocations. Assign the business areas to the controlling area. Create individual controlling areas for each business area. Ensure that all plants are assigned to the correct company codes.

40- What parameters can you set up when defining order types? There are 2 correct answers to this question. Set up work lists. Define document type. Allow revenue postings. Define default parameters for master record fields.

41 -Which of the following statements best describe Product Cost by Period? There are 2 correct answers to this question. It is used for joint production with process orders. It is used in conjunction with a product cost collector. It is used to analyze work in process based on actual costs. It is used when the focus of controlling is on a stable and continuous productionprocess.

42- On which document in the sales process is the profit center initially entered? Please choose the correct answer. Sales order. Goods issue. Sales inquiry. Service contract.

43- During posting, from which object does the system first derive the profit center ifthe profit center is NOT directly assigned to a network activity? Please choose the correct answer. WBS element. Dummy profit center. Project definition. Network header.

44- Which management accounting currencies can you use for evaluation when you usecross-company-code cost accounting? There are 3 correct answers for this question. Transaction currency. Object currency. Reference currency. Company code currency. Controlling area currency.

45- What action do you perform to use the Cost-Based Percentage of Completion (POC)method? Please choose the correct answer. Setting to profitability analysis. Costing of an order. Billing of a sales order during production. Running the results analysis.

46- Which of the following cost objects can be used in SAP S/4HANA for Cost ObjectControlling? There are 2 correct answers to this question. Internal orders. Assets. Sales orders. Purchase requisitions.

47 -Which objects do you use when you assign costs and revenue to the value fields incosting-based CO-PA? Please choose the correct answer. Overhead group. Allocation structure. Transfer structure. Allocation template.

48- How can you configure the transfer price solution in SAP S/4HANA? There are 2 correct answers to this question. Use separate ledgers for each valuation. Use separate currency types within the same ledger for each valuation. Use separate accounts for each valuation. Use separate segments for each valuation.

49- What tasks are performed by the system during activity allocation? There are 2 correct answers for this question. A primary costs G/L account is used for debiting and crediting. The sender cost object is debited and the receiver cost object is credited. The allocation amount is calculated based on the quantity and price of the activity. The cost element is derived from the master data for the activity type.

50- Which field can you select for both reporting in costing based and account-basedProfitability Analysis? Please choose the correct answer. Record type. Value in Controlling Area Currency. Version. Cost element.

51- Which type of Profitability Analysis updates the cost of goods sold at the time ofdelivery? Please choose the correct answer. Account-based only. Costing-based only. Both account-based and costing-based. Periodic accounting-based.

52- What is the primary purpose of reporting in SAP S/4HANA ManagementAccounting? Please choose the correct answer. To provide detailed financial and management information for decision-making. To control inventory levels. To track employee attendance. To manage vendor invoices.

53- Which object controls the tiles a business user can assign to their SAP Fiorilaunchpad? Please choose the correct answer. Tile group. App finder. App library. Tile catalog.

54- What do you need to setup in order to bring the values incoming sales orders intoaccount-based Profitability Analysis? Please choose the correct answer. A new standard G/L ledger with exclusive usage of "Prediction". An extension ledger of type "Simulation". An extension ledger of type "Prediction and Commitment". A multi-valuation ledger.

55- How can you define a dynamic group for internal orders? Please choose the correct answer. Define an order coding mask for order types. Create a substitution rule for mass changes. Assign a selection variant to an end node. Use wild cards in the order codes assigned to nodes.

56- Which object can you configure t offset overhead surcharges for a cost object? There are 3 correct answers for this question. Business process. Profitability segment. Profit center. Internal order. Cost center.

57- What is the primary purpose of Product Cost Planning (PCP) in SAP S/4HANA? Please choose the correct answer. To manage vendor payments. To determine the cost of manufactured products. To control overhead costs. To handle payroll processing.

58- What are the key benefits of using cost center accounting in SAP S/4HANA? There are 2 correct answers to this question. Streamlined customer relationship management. Better decision-making through detailed cost tracking. Enhanced control over overhead costs. Improved inventory management.

59- To which object can you settle an internal order using cost elements with cost element category 21 (internal settlement)? There are 3 correct answers to this question. Asset. General ledger account. WBS element. Network. Sales order item.

60- What is required before you can create a multi-level material cost estimate withoutquantity structure? Please choose the correct answer. Specific valuation variants for material costings without quantity structure. Specific costing variants for material costings without quantity structure. Material master with costing view. Material master with accounting view and with MRP views.

61- In SAP S/4HANA, how often can standard cost estimates be updated? Please choose the correct answer. Quarterly. Only at the end of the fiscal year. Monthly, quarterly, or annually. Only during budget planning.

62- Which steps are involved in setting up Profitability Analysis (CO-PA) in SAPS/4HANA? There are 2 correct answers to this question. Create value fields. Configure payroll processes. Define characteristics. Manage customer discounts.

63- Which main elements do you configure for the overhead costing sheet? There are 3 correct answers for this question. Credit key. Calculation base. Revaluation rate. Overhead rate. Allocation structure.

64- In Account-based CO-PA, which ledger is used to record the profitability data? Please choose the correct answer. General Ledger. Profit Center Ledger. Special Purpose Ledger. Costing Ledger.

65- Which of the following controls can you set when you determine a characteristicderivation? There are 3 correct answers to this question. Overwriting authority. Conditions for execution. Valuation calculation. Display authority. System response when unsuccessful.

66- In an SAP S/4HANA system, you have two profit centers with the same profit centercode and the same validity period, but different names. What does this indicate about the configuration of the profit centers?. They are defined in separate controlling areas. They are defined in separate company codes. They are assigned to different functional areas. They are assigned to different segments.

67- How does the system derive the requirement type from the material master data? There are 2 correct answers to this question. Strategy group -> planning strategy -> requirements class -> requirements type. MRP group -> strategy group -> planning strategy -> requirements type. Strategy group -> planning strategy -> requirements type. MRP group requirements class -> planning strategy -> requirements type.

68- When do you use an assessment instead of a distribution? There are 2 correct answers for this question. When you need the option to reverse the cycle as often as required. When you need to transfer secondary costs. When you want to consolidate allocated expenses. When you want to view the original cost elements on the receiver.

69- When do you select the percentage method for accrual calculation? There are 2 correct answers for this question. When you accrue activity-independent costs and an appropriate cost element fordefining overhead rates is available. When you accrue activity-dependent costs and an appropriate cost element in NOTavailable. When you accrue activity-independent costs and an appropriate cost element is NOTavailable. When you accrue-dependent costs and an appropriate cost element for definingoverhead rates is available.

70- 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 ledgeraccounts. 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.

71- How can you define the overhead rate in a costing sheet? There are 2 correct answers to this question. As quantity-based surcharge. As equivalence number. As percentage rate. As lot-based surcharge.

72- In which module do you process profit center allocations in SAP S/4HANA? Please choose the correct answer. General Ledger Accounting. Profit Center Accounting. Cost Center Accounting. Product Cost Accounting.

73- Which are levels of internal order planning? There are 2 correct answers for this question. Group costing. Integrated planning. Overall planning. Primary and secondary cost and revenue planning.

74- Where can you adjust the automatic account assignment? There are 2 correct answers for this question. Substitution (TA: GGB1). G/L account (TA: FS00). Cost center (TA: KS01). Default account assignment (TA: OKB9).

75- Scenario: You are an SAP consultant tasked with implementing internal orderaccounting for a company that wants to monitor costs associated with its marketingcampaigns. Describe the steps you would take to configure internal orderaccounting and ensure accurate cost tracking and reporting. There are 3 correct answers to this question. Configure real-time integration with sales orders. Set up settlement rules to allocate costs to relevant cost centers. Assign budget values to each internal order. Create a cost center for each marketing campaign. Define internal order types specific to marketing campaigns.

76- Which process determines the target costs of the cost object in a product cost byorder scenario? Please choose the correct answer. Work in progress (WIP) calculation. Accrual calculation. Actual costs calculation. Variance calculation.

77- Which views can you use to analyze the costing results within the costing run tool? There are 3 correct answers to this question. Costing levels report. Work in progress report. Material list report. Variance report. Analysis report.

78- How does SAP S/4HANA select line-item-based data for costing-based ProfitabilityAnalysis reports? Please choose the correct answer. It selects actual data from table ACDOCA and plan data from table ACDOCP. It selects actual data from table CE2XXXX and plan data from table CE3XXXX. It selects actual data from table CE1XXXX and plan data from table CE2XXXX. It selects actual data from table ACDOCA and plan data from table COSP.

79- You want to create cost centers for your company. What is the prerequisite tobuilding an organizational structure for overhead cost controlling? Please choose the correct answer. Cost center categories. Functional area. Standard hierarchy top node. Cost center types.

80- Which statements are relevant to the cost of sales accounting method inprofitability management? There are 2 correct answers to this question. It presents the costs and revenues information in a format that is ideal for conductingmargin analyses. It aims to match revenues for goods and services against sales-related expenses. It presents revenues, primary expenses, changes in stock, WIP, and capitalizedactivities. It aims to summarize activity and situational change for a given organizational unitover a period of time.