Full Test 4 CO Management Accounting
Full Test 4 CO Management Accounting
Full Test 4 CO Management Accounting
You use a production order with Product Cost by Period and you entered a results analysis key and
variance key. How does the system calculate variances in Product Cost by Period?
Please choose the correct answer.
Response:
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Question:
Response:
Score 1 of 1
Question:
Response:
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Question: DIANA
When trying to assign a profit center to a new cost center, you receive an error. What can cause this
error?
Response:
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
The profit center has already been assigned to a different cost center
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Question:
What do you use to map the primary cost component split to the production cost component structure?
Response:
Allocation structure
Transfer structure
Assignment scheme
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Question:
Which object can you select for reporting in costing-based Profitability Analysis, and NOT in account-
based Profitability Analysis?
Please choose the correct answer.
Response:
Period/year
Cost element
Record type
Company code
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Question:
Response:
Score 0 of 1
Question:
What must the referenced cost estimate and the receiving cost estimate have in common?
Please choose the correct answer.
Response:
The plant
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Question:
Which settings can you configure per order type for the budget and availability control?
There are TWO correct answers for this question
Response:
Score 1 of 1
Question:
Which of the following controls can you set when you determine a characteristic derivation?
There are 3 correct answers to this question.
Response:
Overwriting authority
Display authority
Valuation calculation
Score 1 of 1
Question:
Which object controls the tiles a business user can assign to their SAP Fiori launchpad?
Please choose the correct answer.
Response:
Tile catalog
Tile group
App finder
App library
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Question:
You want to create a new standard cost estimate based on the quantity structure of the existing
standard cost estimate. Which object do you use?
Please choose the correct answer.
Response:
Costing version
Transfer control
Reference variant
Costing type
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Question:
Response:
Costing variant
Transfer control
Valuation variant
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Question:
Why would you use manual cost allocation in Controlling?
There are 2 correct answers to this question.
Response:
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Question:
Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA?
Response:
Account currency
Account type
Account group
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Question:
Which tasks can you perform on a production order in a scenario with valuated stock?
There are TWO correct answers for this question
Response:
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Question:
What can you use to difference two or more cost estimates for the same material?
There are TWO correct answers for this question
Response:
Valuation variant
Transfer control
Costing version
Costing variant
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Question:
You want to maintain a cost component structure. What can you determine for each cost component?
There are 3 correct answers to this question
Response:
Score 1 of 1
Question:
Which object do you have to assign the cost component structure to?
Response:
Material master record
Costing variant
Costing type
Valuation variant
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Question:
What is required before you can create a multi-level material cost estimate without quantity structure?
Response:
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Question:
What does the calculation of a condition type in the costing sheet of CO-PA depend on?
There are 2 correct answers to this question.
Response:
Condition class
Valuation
Calculation type
Segment
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Question:
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.
Response:
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.
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Question:
You want to set up integrated planning for your internal orders. What do you need to do?
There are 2 correct answers to this question.
Response:
Set the relevant indicator in the planning profile of the order type.
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Question:
What do you need to define in order to report variable costs that refer to the cost component split in
account-based CO-PA?
There are TWO correct answers for this question
Response:
A calculation formula
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Question:
In the Product Cost by Order component, what does the system calculate depending on the order
status?
Please choose the correct answer.
Response:
Score 1 of 1
Question:
Which default values can you configure for the product cost collector?
There are 2 correct answers to this question.
Response:
Variance variant
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Question:
You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA
standard configuration. What requirements must be fulfilled?
There are 2 correct answers to this question.
Response:
The type of the corresponding general ledger account must be balance sheet.
The type of the corresponding general ledger account must be primary cost/revenue or
secondary cost.
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Question:
In which SAP S/4HANA components can you report the results of the results analysis?
There are 3 correct answers to this question.
Response:
Profitability analysis
Financial accounting
Inventory management
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Question:
You want to create alternative plan versions for your controlling area, in addition to version 000. What
would you use additional CO versions for?
There are 2 correct answers to this question.
Response:
To store different plan data
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Question:
When you create a profit center, what company code(s) is it assigned to by default?
Please choose the correct answer.
Response:
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Response:
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Response:
Segment
Profitability segment
Profit center
Cost center
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Question:
Response:
Company code
Operating concern
Controlling area
Profit center
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Question:
When you configure period-end closing, which accrual calculations methods can you use?
There are TWO correct answers for this question
Response:
Template
Percentage
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Question:
Response:
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
The sender cost object is debited and the receiver cost object is credited
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Response:
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Question:
What action do you perform to use the Cost-Based Percentage of Completion (POC) method?
Response:
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Question:
You have implemented Product Cost by Sales Order in conjunction with cost-based POC results analysis
in your organization. For a particular sales order item, you have the following:
Response:
Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300
Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200
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Question:
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
Response:
TEST 2
Question Results
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Question:
You define rules in a status profile and assign the profile to your internal order
type. What do you use the status profile for?
There are 3 correct answers to this question.
Response:
Score 1 of 1
Question:
Which characteristic controls the eligible cost element categories for G/L accounts
in SAP S/4HANA?
Response:
Account currency
Account type
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Question:
Which component provides insight into the effectiveness and results for areas of
responsibility within the enterprise?
Response:
Results analysis
Profitability analysis
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Question:
Which object do you configure to reuse material cost estimate for the costing
process?
Response:
Valuation variant
Group costing
Transfer control
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Question:
You are setting up costing-based Profitability Analysis for your organization. How
do you configure the different market segments?
Please choose the correct answer.
Response:
As characteristics
As value fields
As key figures
As divisions
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Question:
Response:
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Question:
The company code fiscal year variant may differ from the controlling area fiscal year
variant In the number of special periods
The company code fiscal year variant may differ from the controlling area fiscal year
variant in the number of periods and number of especial periods
The company code operational chart of accounts may differ from the controlling area
operational chart of accounts
The company code currency may differ from the controlling area currency
Response:
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Question:
Which object can you configure to offset overhead surcharges for a cost object?
There are THREE correct answers for this question
Response:
Cost center
Profit center
Internal order
Profitability segment
Business process
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Question:
Where can you find actual transaction data of account-based CO-PA in SAP
S/4HANA?
Response:
BSEG
CE1XXXX
ACDOCA
COEJ
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Question:
Response:
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Question:
What can you analyze in detail when you transfer the cost component split from
product cost planning to costing-based CO-PA?
Response:
Sales revenues
Variance categories
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Question:
What does the calculation of a condition type in the costing sheet of CO-PA depend
on?
There are 2 correct answers to this question.
Response:
Segment
Calculation type
Condition class
Valuation
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Question:
You want to understand why costs are collected on sales order item level. What do
you need to check in the configuration?
There are 3 correct answers to this question.
Response:
Requirement type
Requirements class
Costing type
Valuation variant
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Question:
Response:
Profitability segment
Cost center
Profit center
Segment
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Question:
When you configure period-end closing, which accrual calculations methods can
you use?
There are TWO correct answers for this question
Response:
Template
Percentage
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Question:
Which parameters can you enter when you create a costing run?
There are THREE correct answers for this question
Response:
Costing version
Production version
Transfer control
Valuation variant
Costing variant
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Question:
You want to create cost centers for your company. What is the prerequisite to
building an organizational structure for overhead cost controlling?
Please choose the correct answer.
Response:
Functional area
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Question:
Which default values can you configure for the product cost collector?
There are 2 correct answers to this question.
Response:
Variance variant
Score 1 of 1
Question:
What are the benefits of using valuated sales order stock compared to non-
valuated sales order stock?
There are TWO correct answers for this question
Response:
Score 1 of 1
Question:
Which process can you use to credit internal orders during period-end closing?
Please choose the correct answer.
Response:
Periodic reposting
Assessment
Distribution
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Question:
Allow the company to determine standard costs and revenues according to the perio
accounting method.
Provide the company with a detailed view of its financial statements by responsibilit
units.
Allow the company to determine if the sales force achieved their contribution margin
goals.
Provide the company with information on the performance of its market segments.
Response:
Score 0 of 1
Question:
How can you configure the transfer price solution in SAP S/4HANA?
There are 2 correct answers to this question.
Response:
Use separate currency types within the same ledger for each valuation.
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Question:
Response:
Score 1 of 1
Question:
You are executing an indirect activity allocation. What do you post to the sender
and receiver?
Please choose the correct answer.
Response:
You post quantity and cost to both the sender and receiver.
You post both quantity and cost to the sender, and cost only to the receiver.
You post both quantity and cost to the receiver, and cost only to the sender.
Score 0 of 1
Question:
What are the prerequisites for automatic generation of the settlement rule to a
market segment for a sales order item?
There are 2 correct answers to this question.
Response:
Score 1 of 1
Question:
Which controls can you set when you determine a characteristic derivation?
There are 3 correct answers to this question.
Response:
Valuation calculation
Overwriting authority
Display authority
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Question:
Response:
71-100
0-70
101-150
Over 150
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Question:
Response:
When the controlling area is defined
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Question:
Response:
Score 0 of 1
Question:
Which management accounting currencies can you use for evaluation when you
use cross-company-code cost accounting?
There are THREE correct answers for this question
Response:
Reference currency
Transaction currency
Object currency
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Question:
It is part of SAP S/4HANA Strategic Analytics tools stack that uses virtual data
models for reporting.
It is part of the core SAP S/4HANA license and uses the same technical stack and
user interface.
It uses core data services (CDS) views to create virtual data models (VDMs) for
reporting.
Response:
Score 1 of 1
Question:
Response:
It enables you to assign the same attributes to similar cost centers within a
controlling area.
It is a structure to which all the cost centers within a controlling area are assigned.
It represents an organizational unit in SAP S/4HANA where the costs and revenues
are incurred and reported.
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Question:
Response:
Overhead surcharge
Work in process
Variance calculation
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Response:
Question:
Which activities can you perform while you create cost center hierarchies?
There are 2 correct answers to this question.
Response:
Score 1 of 1
Question:
Response:
Work in progress
Gross margin
Cost of sales
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Question:
By marking the cost indicator in the control key assigned to the operation
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Question:
Response:
PA transfer structure
Template
Cycle iteration
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Question:
Response:
Order
Business process
Cost center
Material
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Question:
Response:
Quiz 3
Question Results
Score 1 of 1
Question:
You want to settle primary cost elements and secondary cost elements to different
receivers. What do you use?
Response:
PA transfer structure
Allocation structure
Overhead structure
Source structure
Score 1 of 1
Question:
You are considering using commitment management with internal orders. What do
you need to do in the configuration?
Please choose the correct answer.
Response:
Activate commitment management in both the controlling area and the order
Activate commitment management in both the company code and the order ty
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Question:
Response:
When you accrue-dependent costs and an appropriate cost element for definin
overhead rates is available
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Question:
What are the prerequisites for automatic generation of the settlement rule to a
market segment for a sales order item?
There are 2 correct answers to this question.
Response:
Score 1 of 1
Question:
You want to configure different cost centers in your company. Which setting in the
cost center master data will you use to assign the same attributes to similar cost
centers?
Please choose the correct answer.
Response:
Activity type
Functional area
Score 0 of 1
Question:
When you define assessment cycles for the period-end closing in overhead cost
accounting, which object can you assign to the cycle segment?
Response:
Allocation structure
Settlement rule
Template
Costing sheet
Score 1 of 1
Question:
Which object controls the tiles a business user can assign to their SAP Fiori
launchpad?
Please choose the correct answer.
Response:
Tile catalog
Tile group
App finder
App library
Score 1 of 1
Question:
Response:
Valuation variant
Cost component structure
Transfer control
Costing variant
Score 1 of 1
Question:
You are setting up costing-based Profitability Analysis for your organization. How
do you configure the different market segments?
Please choose the correct answer.
Response:
As value fields
As characteristics
As divisions
As key figures
Score 1 of 1
Question:
What does the calculation of a condition type in the costing sheet of CO-PA depend
on?
There are 2 correct answers to this question.
Response:
Condition class
Calculation type
Valuation
Segment
Score 1 of 1
Question:
Response:
The primary costs G/L account for internal activity allocation – only use secon
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Question:
Response:
Gross margin
Work in progress
Cost of sales
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Question:
How does the system derive the requirement type from the material master data?
There are 2 correct answers to this question.
Response:
MRP group -> strategy group -> planning strategy -> requirements type
Strategy group -> planning strategy -> requirements class -> requirements ty
MRP group requirements class -> planning strategy -> requirements type
Score 1 of 1
Question:
What values flow from Sales and Distribution billing to costing-based Profitability
Analysis?
There are 2 correct answers to this question.
Response:
Sales deductions
Revenue
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Question:
What master data objects can you set up using time-based fields?
There are 2 correct answers to this question.
Response:
Standard hierarchies
Activity types
Cost centers
Score 1 of 1
Question:
You are executing an indirect activity allocation. What do you post to the sender
and receiver?
Please choose the correct answer.
Response:
You post both quantity and cost to the receiver, and cost only to the sender.
You post both quantity and cost to the sender, and cost only to the receiver.
You post quantity and cost to both the sender and receiver.
Score 1 of 1
Question:
Response:
Question:
You are configuring internal order settlement. Where do you define which cost
elements should be settled, using either the original or settlement cost elements?
Please choose the correct answer.
Response:
Settlement profile
Allocation structure
Template
Settlement rule
Score 1 of 1
Question:
You want to define requirement levels for users for the authorization check in
Profitability Analysis reporting. Which requirement level would you set to enable
user access to all the interactive drilldown functions?
Please choose the correct answer
Response:
1 - Level 1
0 - ALL
3 - ALL
2 - Level 2
Score 1 of 1
Question:
To which objects do you assign the elements of the cost component split to ensure
the transfer of costing to costing-based CO-PA?
Response:
Segments
Controlling areas
Value fields
G/L accounts
Score 1 of 1
Question:
You want to understand why costs are collected on sales order item level. What do
you need to check in the configuration?
There are 3 correct answers to this question.
Response:
Requirement type
Costing type
Valuation variant
Requirements class
Score 1 of 1
Question:
Which of the following controls can you set when you determine a characteristic
derivation?
There are 3 correct answers to this question.
Response:
System response when unsuccessful
Valuation calculation
Display authority
Overwriting authority
Score 0 of 1
Question:
For which of the following situations would you need to implement the transfer
price solution in SAP S/4HANA?
Please choose the correct answer.
Response:
Parallel valuation views of the same logistical flows are needed to differentiate
between legal and profit center valuation.
Score 1 of 1
Question:
You use a production order with Product Cost by Period and you entered a results
analysis key and variance key. How does the system calculate variances in Product
Cost by Period?
Please choose the correct answer.
Response:
Variances = Target costs - Delivery value - WIP
Score 1 of 1
Question:
What do you use to map the primary cost component split to the production cost
component structure?
Response:
Assignment scheme
Transfer structure
Allocation structure
Score 1 of 1
Question:
Response:
Score 1 of 1
Question:
Response:
It is part of SAP S/4HANA Strategic Analytics tools stack that uses virtual data
models for reporting.
It is part of the core SAP S/4HANA license and uses the same technical stack a
user interface.
It uses core data services (CDS) views to create virtual data models (VDMs) fo
reporting.
Score 0 of 1
Question:
Response:
By user exit
By Business Add-In
Score 1 of 1
Question:
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.
Response:
The purchase order was entered in a different year than the budget.
The difference of 1000 is within the tolerance limits defined in the configuratio
Score 1 of 1
Question:
Response:
Client level
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Question:
Response:
All company codes within the operating concern
Score 1 of 1
Question:
What is the difference when you perform repost line items (TA: KB61) compared
to manual reposting of costs (KB11n) for a cost center?
There are TWO correct answers for this question
Response:
The line item values are validated against the original document
There is the option to assign the line item to several receiver objects
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Question:
Response:
The cost element is derived from the master data for the activity type
The allocation amount is calculated based on the quantity and price of the act
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Question:
You perform a settlement with a primary cost account which is different from the
cost account you used to post the original expense. Which object is a valid
receiver for the settlement?
Response:
Internal order
Fixed asset
Cost center
WBS element
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Question:
Response:
Internal order
Business process
WBS element
Score 0 of 1
Question:
When you create a planning layout, which objects can you use to define the data
columns?
There are THREE correct answers for this question
Response:
Formulas
Characteristics
Summarization level
Value fields
Distribution key
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Question:
Response: