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| Section | Objectives |
|---|---|
| Topic 1: Cost Center Accounting | - Actual postings and reporting - Planning and budgeting - Allocations (assessment and distribution) |
| Topic 2: Period-End Closing in Controlling | - Overhead allocation and settlements - Reconciliation and closing activities |
| Topic 3: Internal Orders | - Order types and planning - Settlement of internal orders |
| Topic 4: Overview of Management Accounting in SAP S/4HANA | - Master data fundamentals (cost centers, profit centers, internal orders) - Organizational structures in Controlling |
| Topic 5: Product Cost Controlling | - Product costing and variance analysis - Material cost estimation - Cost object controlling |
| Topic 6: Reporting and Analytics | - SAP Fiori analytical apps for CO - Standard CO reports |
| Topic 7: Actual Costing and Material Ledger | - Periodic actual costing - Material ledger configuration and usage |
| Topic 8: Profitability Analysis (CO-PA) | - Account-based CO-PA and margin analysis - Profitability reporting |
Question 1
What can you use to difference two or more cost estimates for the same material?
There are TWO correct answers for this question
Response:
A. Costing variant
B. Valuation variant
C. Costing version
D. Transfer control
Question 2
Which activities can you perform while you create cost center hierarchies?
There are 2 correct answers to this question.
Response:
A. Append nodes and cost centers to a node of the standard hierarchy.
B. Create a cost center without specifying a standard hierarchy.
C. Reassign a cost center to another node of the standard hierarchy.
D. Assign a standard hierarchy to several controlling areas.
Question 3
On which document in the sales process is the profit center initially entered?
Response:
A. Service contract
B. Sales inquiry
C. Goods issue
D. Sales order
Question 4
What does the internal order settlement profile define?
There are THREE correct answers for this question
Response:
A. Whether commitment management is necessary
B. Whether settlement is necessary
C. The accounting document type
D. The template allocation
E. The valid receivers
Question 5
What tasks are performed by the system during activity allocation?
There are TWO correct answers for this question
Response:
A. The cost element is derived from the master data for the activity type
B. The allocation amount is calculated based on the quantity and price of the activity
C. The sender cost object is debited and the receiver cost object is credited
D. A primary costs G/L account is used for debiting and crediting
Solutions:
| Question 1 Answer: A,B | Question 2 Answer: A,C | Question 3 Answer: D | Question 4 Answer: B,C,E | Question 5 Answer: A,B |
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