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| Section | Objectives |
|---|---|
| Cost Center Accounting | - Planning and budgeting - Allocations and periodic activities - Organizational structures and master data |
| Cost Object Controlling | - Cost object planning - Production order controlling |
| Profit Center Accounting | - Integration with controlling - Master data and assignments |
| Profitability Analysis (CO-PA) | - Valuation strategies - Reporting and segment analysis |
| Internal Orders | - Settlement rules - Order types and settings - Commitment management and budget control |
| Product Cost Planning | - Material cost estimates - Costing variants - Cost component structures |
1. Which activity do you perform during period-end in profit center accounting?
Response:
A) Settle costs
B) Post activity allocation
C) Process distribution cycles
D) Execute template allocation
2. Which of the following controls can you set when you determine a characteristic derivation?
There are 3 correct answers to this question.
Response:
A) Display authority
B) Overwriting authority
C) System response when unsuccessful
D) Valuation calculation
E) Conditions for execution
3. How can you define a dynamic group for internal orders?
Response:
A) Create a substitution rule for mass changes
B) Define an order coding mask for order types
C) Use wild cards in the order codes assigned to nodes
D) Assign a selection variant to an end node
4. What can you specify when you create an activity type?
There are THREE correct answers for this question
Response:
A) The secondary costs G/L account for internal activity allocation
B) The valid receiving cost center types
C) The activity type category for allocation
D) The primary costs G/L account for internal activity allocation
E) The valid sending cost center types
5. You use a ledger, an additional standard ledger and an extension ledger. You post a general journal entry without indicating a ledger group.
For which ledger(s) are separate line items posted in the universal journal?
Response:
A) All ledgers
B) The leading ledger only
C) The standard ledgers
D) The leading and extension ledgers
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B,C,E | Question # 3 Answer: C | Question # 4 Answer: A,C,E | Question # 5 Answer: D |
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