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Terms in this set (74)
You are executing an indirect activity allocation. What do you post to the sender and receiver?
a. You post quantity and cost to both the sender and receiver
You want to run an assessment cycle in Profitability Analysis to allocate cost center costs during period-end closing for your organization.
a. Tracing Factor
You want to maintain a cost component structure. What can you determine for each cost component?
a. Assignment of cost component to cost component group
b. Relevance of cost component to inventory valuation
c. Relevance of cost component to goods manufactured
How does SAP S/4HANA select line-item-based data for costing-based Profitability Analysis reports?
a. It selects actual data from table CE1XXXX and plan data from table CE2XXXX.
What are some of the characteristics of Profit Center Accounting in SAP S/4HANA? (2)
a. It is integrated in the universal journal.
b. It can be used with period and/or cost of sales accounting.
What are some of the characteristics of SAP Core Data Services (CDS) views?
a. CDS views have ready-to-use content.
b. CDS views have no latency.
c. CDS views support authorizations
You want to create alternative plan versions for your controlling area, in addition to version 000. What would you use additional CO versions for?
a. To store parallel valuation
b. To store different plan data
Why would you use manual cost allocation in Controlling?
a. To correct secondary postings
b. To run simple allocations of actual data
You want to create cost centers for your company. What is the prerequisite to building an organizational structure for overhead cost controlling? (1)
a. Standard hierarchy top node
Which of the following statements best describe Product Cost by Period? (2)
a. It is used when the focus of controlling is on a stable and continuous production process
b. It is used in conjunction with a product cost collector.
Which of the following statements best describe Product Cost by Order? (2)
a. It is used when controlling by individual production lots or discrete quantities is needed.
b. It is used when full cost tractability is needed.
You want to set up budget availability control for your projects and internal orders. What can you check using budget availability control?
a. The availability of funds using overall plan value
b. The availability of funds according to tolerance limits
You want to use a template to consider overhead during product costing. How do you assign the template to your material?
a. Using an overhead group and an overhead key
Which of the following statements are applicable to SAP S/4HANA embedded analytics?
a. It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.
b. It is part of the core SAP S/4HANA license and uses the same technical stack and user interface
You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? 3
a. To define the user status
b. To permit or forbid specific transactions
c. To set the initial status as Created or Released
Which default values can you configure for the product cost collector? (2)
a. Costing Variant
b. Results Analysis (RA) key
Which objects can statistical key figures be applied to?
a. Profit centers
b. Cost centers
You want to prevent periodic cost fluctuations. Which activity should you choose to distribute irregular expenses to the relevant periods>?
How do you calculate overhead?
b. Quantity Based
For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA?
Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
Which of the following objects can be selected in templates for activity-based costing?
a. Business process
b. Cost center/activity type
When you create a profit center, what company code(s) is it assigned to by default?
a. All company codes within the controlling area
What values flow from Sales and Distribution billing to costing-based Profitability Analysis?
b. Sales Deductions
How can you populate local variables in Profitability Analysis reports?
a. By user entry during report execution
How can you configure the transfer price solution in SAP S/4HANA? (2)
a. Use separate currency types within the same ledger for each valuation.
b. Use separate ledgers for each valuation
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?
a. Cost center category
How do you define the relationship between an operating concern and a controlling area?
a. One-to-many (1:N)
Which statements are relevant to the cost of sales accounting method in profitability management? (2)
a. It presents the costs and revenues information in a format that is ideal for conducting margin analyses.
b. It aims to match revenues for goods and services against sales-related expenses.
Which parameters are controlled by the costing type in a costing variant? (2)
a. Save with date key
b. Price updates
In a standard system delivery, how many characteristics can be added to an operating concern?
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? (2)
a. The type of the corresponding general ledger account must be primary cost/revenue or secondary cost.
b. Account-based Profitability Analysis must be active.
Which object can you select for reporting in costing-based Profitability Analysis, and NOT in account-based Profitability Analysis? (1)
a. Record type
What do you do to create a primary cost component split?
a. Run an activity price calculation
b. Assign a cost component structure to the CO-version
What do you get if you mark a standard price cost estimate?
a. A future standard price
b. A new status in the cost estimate
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA?
a. It can be overwritten in the application.
b. It can be defined for postings on general ledger accounts of primary costs type.
Which statement best describes a cost center standard hierarchy?
a. It is a structure to which all the cost centers within a controlling area are assigned.
What are the benefits of using valuated sales order stock compared to non-valuated sales order stock?
a. Combined quantity and value flow analysis
b. Simplified inventory value determination
Which process can you use to credit internal orders during period-end closing?
a. Periodic reposting
Which characteristic of an internal order does the order type control?
a. Budget profile assigned to the order
In your company, you tend to go through many reorganizations leading to extra master data maintenance work. Which grouping functionality can save you time maintaining profit center groups? (1)
a. Defining flexible hierarchies
In which module do you process profit center allocations in SAP S/4HANA?
a. General Ledger Accounting
When is the standard hierarchy of the controlling area created?
a. When the controlling area is defined
You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?
For which revenue carrying cost objects does the system perform results analysis?
a. Work breakdown structure
b. Internal order
c. Customer service orders
Which cost objects can be controlled by period?
b. Cost object hierarchy
You want to enable WIP calculation in Product Cost by Period. What do you need to configure?
a. Valuation variant
At which level do you define the valuation method for results analysis?
a. Controlling area
What are some of the unique attributes of an assessment cycle in Controlling?
a. They use a secondary cost element during transfer.
b. They transfer primary and secondary costs.
What are some of the objectives of Profitability Analysis?
a. Provide the company with information on the performance of its market segments.
b. Allow the company to determine if the sales force achieved their contribution margin goals.
What tasks are performed by the system during activity allocation? (2)
a. The allocation amount is calculated based on the quantity and price of the activity
b. The cost element is derived from the master data for the activity type
What can you do with statistical internal orders?
a. Simultaneously post to a cost center.
What master data objects can you set up using time-based fields? (2)
a. Cost centers
b. Activity types
Which component provides insight into the effectiveness and results for areas of responsibility within the enterprise?
a. Profit center accounting
You want to understand why costs are collected on sales order item level. What do you need to check in the configuration? (3)
a. Requirement type
b. Account assignment category
c. Requirements class
You are setting up costing-based Profitability Analysis for your organization. How do you configure the different market segments?
a. As characteristics
Which cost objects can only be controlled by period? (4)
a. Product cost collector
b. Cost object hierarchy
c. Process order
d. Production order
Which receiver must be allowed in the settlement profile of a product cost collector?
Which of the following steps are part of the procedure to update the standard price of the material? (2)
a. Mark the cost estimate.
b. Release the cost estimate.
Which objects can you plan in cost center accounting? (3)
a. Statistical key figures
b. Activity prices
c. Secondary cost accounts
What parameters can you set up when defining order types?
a. Allow revenue postings.
b. Define default parameters for master record fields
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.
a. The cost element is exempted from budget availability control
b. The difference of 1000 is within the tolerance limits defined in the configuration.
What can you manage via the account assignment category?
a. Separate sales order stock
You are configuring internal order settlement. Where do you define which cost elements should be settled, using either the original or settlement cost elements?
a. Settlement rule
What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item? (2)
a. Profitability Analysis (CO-PA) is activated.
b. The material in the sales order item is a service.
How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?
a. By defining the characteristic value as a value field
You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA?
a. Reporting on data is available in real-time at every level of detail.
What can you configure in the settlement profile? (2)
a. Determine whether settlement is required.
b. Define document management parameters.
In the material master record there are three planned prices. What do you use them for?
a. To valuate the materials in cost estimates
What are some of the characteristics of internal order planning? (2)
a. Costs are entered.
b. Multiple versions are allowed.
You post a billing document in Sales and Distribution (SD). What data flows to Profit Center Accounting? (3)
c. Sales deductions
How does SAP S/4HANA capture costs?
a. All primary and secondary costs are captured by creating them as cost elements.
b. Primary and secondary costs are captured in general ledger accounts
Getting to requirement type
MRP - Strategy - Plan - Requirement Type
Strategy - Plan - Requirement Type
Actual - "Something" - WIP
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