All SAP S/4HANA For Management Accounting Associates Certification

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  • 1/90 Questions

    What is the highest reporting level in management accounting? 3.1

    • Operating concern
    • Controlling area
    • Profit center
    • Company code
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About This Quiz

This quiz assesses knowledge in SAP S\/4HANA for Management Accounting, focusing on user statuses, profit centers, cost center hierarchies, and commitment management. It is designed for associates seeking certification, enhancing skills in financial operations within SAP systems.

All SAP S/4HANA For Management Accounting Associates Certification - Quiz

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  • 2. 

    On which document in the sales process is the profit center initially entered? 4.2

    • Sales order

    • Sales inquiry

    • Goods issue

    • Service contract

    Correct Answer
    A. Sales order
    Explanation
    In the sales process, the profit center is initially entered on the sales order document. The sales order is a document that is created when a customer places an order for goods or services. It contains all the relevant information such as the customer's details, the items ordered, pricing, and payment terms. By entering the profit center on the sales order, the company can track and allocate revenue and costs to specific profit centers, enabling them to analyze the profitability of different business units or departments.

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  • 3. 

    On which organizational level do you maintain profit center accounting in SAP S/4HANA? 3.1

    • Company code

    • Operating concern

    • Controlling area

    • Financial statement version

    Correct Answer
    A. Controlling area
    Explanation
    Profit center accounting in SAP S/4HANA is maintained at the controlling area level. The controlling area is a central organizational unit in SAP that represents a self-contained unit within the company. It is responsible for managing and controlling costs, revenues, and profits. Profit center accounting allows for the analysis and reporting of profit and loss by individual profit centers within the controlling area. By maintaining profit center accounting at the controlling area level, companies can effectively track and evaluate the financial performance of different segments or business units within the organization.

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  • 4. 

    Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA? 3.1

    • Account type

    • Account group

    • Field status group

    • Account currency

    Correct Answer
    A. Account type
    Explanation
    The account type in SAP S/4HANA controls the eligible cost element categories for G/L accounts. The account type determines the nature of the account, such as whether it is a balance sheet account or a profit and loss account. Based on the account type, certain cost element categories are assigned to the G/L accounts, which determine the types of costs that can be posted to those accounts.

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  • 5. 

    Which configuration is possible when you assign multiple company codes to a controlling area in SAP S/4HANA? 3.1

    • The company code currency may differ from the controlling area currency

    • The company code operational chart of accounts may differ from the controlling area operational chart of accounts

    • 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

    Correct Answer
    A. The company code currency may differ from the controlling area currency
    Explanation
    In SAP S/4HANA, it is possible to assign multiple company codes to a controlling area where the company code currency may differ from the controlling area currency. This means that each company code can have its own currency, while the controlling area can have a different currency for consolidation and reporting purposes. This allows for flexibility in financial management and reporting across different company codes within the same controlling area.

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  • 6. 

    Which order status is relevant for creating work in process (WIP) calculations when you use Product Cost by Order (PCO)? 4.1

    • Delivered

    • Created

    • Partially released

    • Technically completed

    Correct Answer
    A. Partially released
    Explanation
    The order status that is relevant for creating work in process (WIP) calculations when using Product Cost by Order (PCO) is "Partially released". This means that the order has been partially released for production, indicating that some of the work has been started but not completed. This status allows for accurate tracking of the costs incurred for the work that has been partially completed, which is necessary for calculating the WIP.

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  • 7. 

    Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA? 4.2

    • CE1XXXX

    • ACDOCA

    • BSEG

    • COEJ

    Correct Answer
    A. ACDOCA
    Explanation
    ACDOCA is the correct answer because it is the table in SAP S/4HANA where actual transaction data of account-based CO-PA can be found. The ACDOCA table stores all the financial accounting and controlling data in a single unified table, making it the ideal source for retrieving actual transaction data for reporting and analysis purposes.

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  • 8. 

    Which objects are predefined characteristics in SAP S/4HANA? There are THREE correct answers for this question 3.1

    • Region

    • Product category

    • Plant

    • Company code

    • Controlling area

    Correct Answer(s)
    A. Plant
    A. Company code
    A. Controlling area
    Explanation
    The objects that are predefined characteristics in SAP S/4HANA are Plant, Company code, and Controlling area. These objects are preconfigured in the system and cannot be changed or modified by the user. The Plant represents a physical location where goods are produced or stored. The Company code represents a legal entity or organization within the SAP system. The Controlling area is responsible for cost accounting and management accounting activities. These predefined characteristics play a crucial role in various business processes and help in organizing and managing data in SAP S/4HANA.

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  • 9. 

    Your customer defined one distribution cycle in SAP S/4HANA. You need to define a new distribution cycle. How can you ensure the new cycle is executed only after the existing one is completed? 3.1

    • Assign each cycle to a different cycle run group

    • Select iteration in the cycle header of both cycles

    • Select iteration in the cycle header of the new cycle

    • Assign both cycles to the same cycle run group

    Correct Answer
    A. Assign both cycles to the same cycle run group
    Explanation
    By assigning both cycles to the same cycle run group, you can ensure that the new cycle is executed only after the existing one is completed. This is because the cycle run group determines the order in which the cycles are executed. When both cycles are assigned to the same group, the system will execute them sequentially, ensuring that the new cycle is not executed until the existing one is completed.

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  • 10. 

    What do you get if you mark a standard price cost estimate? There are TWO correct answers for this question 3.2

    • An accounting document for material ledger

    • A future standard price

    • A new status in the cost estimate

    • A cost-based CO-PA document for material revaluation

    Correct Answer(s)
    A. A future standard price
    A. A new status in the cost estimate
    Explanation
    When you mark a standard price cost estimate, you get a future standard price and a new status in the cost estimate. This means that the marked cost estimate will be used as the standard price for future calculations and it will also have a new status indicating that it has been marked.

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  • 11. 

    You need to assign a company code to a controlling area. Which settings must be identical for both organizational objects? There are 2 correct answers to this question. 3.1

    • Fiscal year variant

    • Chart of accounts

    • Currency

    • Posting period variant

    Correct Answer(s)
    A. Fiscal year variant
    A. Chart of accounts
    Explanation
    The company code and controlling area must have the same fiscal year variant and chart of accounts in order to ensure consistency and compatibility in financial reporting and accounting processes. These settings determine the fiscal year periods and the chart of accounts structure that will be used by both organizational objects. Having different settings for these parameters may result in discrepancies and errors in financial data and reporting. The currency and posting period variant, on the other hand, can be different between the company code and controlling area as they do not require identical settings for proper functioning.

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  • 12. 

    Where can you adjust the automatic account assignment? There are TWO correct answers for this question 3.1

    • G/L account (TA: FS00)

    • Cost center (TA: KS01)

    • Default account assignment (TA: OKB9)

    • Substitution (TA: GGB1)

    Correct Answer(s)
    A. Default account assignment (TA: OKB9)
    A. Substitution (TA: GGB1)
    Explanation
    The automatic account assignment can be adjusted in two places. One is through the transaction code TA: OKB9, which allows for default account assignment settings. The other is through the transaction code TA: GGB1, which allows for substitution settings. These two options provide the ability to customize and modify the automatic account assignment process.

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  • 13. 

    In an SAP S/4HANA system, you have two profit centers with the same profit center code and the same validity period, but different names. What does this indicate about the configuration of the profit centers? 4.1

    • They are assigned to different functional areas

    • They are defined in separate company codes

    • They are assigned to different segments

    • They are defined in separate controlling areas

    Correct Answer
    A. They are defined in separate controlling areas
    Explanation
    This indicates that the profit centers are defined in separate controlling areas. The fact that they have the same profit center code and validity period suggests that they are intended to serve similar purposes or functions within their respective controlling areas. However, the different names indicate that they may have distinct characteristics or responsibilities within their respective areas.

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  • 14. 

    Which activities can you perform while you create cost center hierarchies? There are 2 correct answers to this question. 3.1

    • Create a cost center without specifying a standard hierarchy.

    • Append nodes and cost centers to a node of the standard hierarchy.

    • Assign a standard hierarchy to several controlling areas.

    • Reassign a cost center to another node of the standard hierarchy.

    Correct Answer(s)
    A. Append nodes and cost centers to a node of the standard hierarchy.
    A. Reassign a cost center to another node of the standard hierarchy.
    Explanation
    You can perform the activities of appending nodes and cost centers to a node of the standard hierarchy and reassigning a cost center to another node of the standard hierarchy while creating cost center hierarchies.

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  • 15. 

    When do you select the percentage method for accrual calculation? There are TWO correct answers for this question 3.1

    • When you accrue-dependent costs and an appropriate cost element for defining overhead rates is available

    • When you accrue activity-dependent costs and an appropriate cost element in NOT available

    • When you accrue activity-independent costs and an appropriate cost element is NOT available

    • When you accrue activity-independent costs and an appropriate cost element for defining overhead rates is available

    Correct Answer(s)
    A. When you accrue-dependent costs and an appropriate cost element for defining overhead rates is available
    A. When you accrue activity-independent costs and an appropriate cost element for defining overhead rates is available
    Explanation
    The percentage method for accrual calculation is used when you have accrue-dependent costs and an appropriate cost element for defining overhead rates is available. It is also used when you have activity-independent costs and an appropriate cost element for defining overhead rates is available. In both cases, the percentage method is chosen because it allows for the calculation of accruals based on a percentage of the total cost or activity.

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  • 16. 

    What is required before you can create a multi-level material cost estimate without quantity structure? 3.2

    • Material master with costing view

    • Material master with accounting view and with MRP views

    • Specific costing variants for material costings without quantity structure

    • Specific valuation variants for material costings without quantity structure

    Correct Answer
    A. Material master with costing view
    Explanation
    Before you can create a multi-level material cost estimate without quantity structure, it is necessary to have the material master with costing view. This view contains all the relevant cost-related information for the material, such as the standard cost, cost components, and costing variants. Without this information in the material master, it would not be possible to accurately calculate the cost estimate for the material.

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  • 17. 

    You need to analyze different planning scenarios for cost centers. With which object do you differentiate the planning scenarios? 3.1

    • Cost center group

    • Company code

    • Operating concern

    • CO version

    Correct Answer
    A. CO version
    Explanation
    The planning scenarios for cost centers are differentiated with the CO version. CO version is a controlling area-specific parameter that allows for different versions of the same data to be maintained. By using different CO versions, organizations can create and analyze various planning scenarios for cost centers, enabling them to compare and evaluate different budgeting or forecasting options. This helps in making informed decisions and optimizing cost center planning.

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  • 18. 

    What does the calculation of a condition type in the costing sheet depend on? There are 2 correct answers to this question. 4.1

    • Valuation

    • Calculation type

    • Condition class

    • Segment

    Correct Answer(s)
    A. Calculation type
    A. Condition class
    Explanation
    The calculation of a condition type in the costing sheet depends on the calculation type and the condition class. The calculation type determines how the condition is calculated, such as fixed amount or percentage, while the condition class determines the purpose of the condition, such as pricing or taxes. Both factors play a crucial role in determining the calculation of a condition type in the costing sheet.

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  • 19. 

    Which costs exist in SAP S/4HANA? There are TWO correct answers for this question 3.1

    • Primary costs without G/L account

    • Secondary costs without G/L account

    • Primary costs with G/L account

    • Secondary costs with G/L account

    Correct Answer(s)
    A. Primary costs with G/L account
    A. Secondary costs with G/L account
    Explanation
    The correct answer is "Primary costs with G/L account" and "Secondary costs with G/L account". In SAP S/4HANA, primary costs refer to the direct costs incurred in the production of goods or services, which are assigned to a specific G/L account. Secondary costs, on the other hand, are indirect costs that cannot be directly attributed to a specific G/L account. Therefore, both primary and secondary costs can exist in SAP S/4HANA with a G/L account.

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  • 20. 

    When you configure period-end closing, which accrual calculations methods can you use? There are TWO correct answers for this question 3.1

    • Percentage

    • Template

    • Target equals actual

    • Statistical key figure

    Correct Answer(s)
    A. Percentage
    A. Target equals actual
    Explanation
    When configuring period-end closing, you can use the accrual calculation methods of percentage and target equals actual. The percentage method calculates the accrual based on a specified percentage of the total amount. The target equals actual method accrues the difference between the target amount and the actual amount. Template and statistical key figure are not mentioned as valid accrual calculation methods in the question.

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  • 21. 

    Which process can you use to credit internal orders during period-end closing? 3.1

    • Periodic reposting

    • Distribution

    • Indirect activity allocation

    • Assessment

    Correct Answer
    A. Periodic reposting
    Explanation
    Periodic reposting is the process that can be used to credit internal orders during period-end closing. This process involves transferring costs or revenues from one internal order to another. It allows for the redistribution of costs or revenues based on predefined rules or allocations. By using periodic reposting, organizations can ensure accurate and transparent financial reporting by properly allocating costs and revenues to the appropriate internal orders.

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  • 22. 

    What is the default option for planning profit center values in SAP S/4HANA? 4.2

    • Management accounting planning

    • Business planning and consolidation

    • Profitability analysis planning

    • Financial accounting planning

    Correct Answer
    A. Business planning and consolidation
    Explanation
    The default option for planning profit center values in SAP S/4HANA is Business planning and consolidation. This means that when users want to plan profit center values in the system, they will use the Business planning and consolidation functionality. This option allows for comprehensive planning and consolidation of financial data, making it suitable for profit center planning.

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  • 23. 

    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? 3.1

    • WBS element

    • Cost center

    • Internal order

    • Fixed asset

    Correct Answer
    A. Fixed asset
    Explanation
    When performing a settlement with a primary cost account that is different from the original expense cost account, a valid receiver for the settlement would be a fixed asset. This means that the amount will be transferred to the fixed asset account to reflect the correct allocation of expenses.

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  • 24. 

    How can you configure cycles for period-end allocation? There are TWO correct answers for this question 3.1

    • Create cycles that iterate with each other

    • Use different allocation rules within one segment

    • Define allocation for the same cost center in multiple segments

    • Assign several segments to a cycle

    Correct Answer(s)
    A. Define allocation for the same cost center in multiple segments
    A. Assign several segments to a cycle
    Explanation
    To configure cycles for period-end allocation, you can define allocation for the same cost center in multiple segments. This means that you can allocate costs from the same cost center to different segments within the cycle. Additionally, you can assign several segments to a cycle, which allows you to allocate costs from multiple segments within the same cycle. By doing so, you can distribute costs effectively and accurately across different segments and cost centers.

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  • 25. 

    Which cost estimates must you reuse with the transfer control functionality? 3.2

    • Cost estimates within the same plant

    • Cost estimates with same cost component structure

    • Cost estimates across company codes

    • Cost estimates with quantity structure

    Correct Answer
    A. Cost estimates with same cost component structure
    Explanation
    The transfer control functionality allows for the reuse of cost estimates with the same cost component structure. This means that if two cost estimates have the same breakdown of cost components, they can be transferred and reused. This can save time and effort in creating new cost estimates from scratch, as the existing structure can be used as a template. The other options listed, such as cost estimates within the same plant, across company codes, or with quantity structure, do not specifically mention the need for the same cost component structure, and therefore do not apply to the question.

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  • 26. 

    Which of the following controls can you set when you determine a characteristic derivation? There are 3 correct answers to this question. 4.1

    • Display authority

    • Overwriting authority

    • System response when unsuccessful

    • Valuation calculation

    • Conditions for execution

    Correct Answer(s)
    A. Overwriting authority
    A. System response when unsuccessful
    A. Conditions for execution
    Explanation
    When determining a characteristic derivation, you can set the controls for overwriting authority, system response when unsuccessful, and conditions for execution. Overwriting authority determines whether the derived characteristic can be overwritten manually. System response when unsuccessful defines how the system should respond if the derivation is unsuccessful. Conditions for execution specify the conditions under which the derivation should be executed.

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  • 27. 

    In a make-to-order scenario, you use a sales order with an assigned production order and non-valuated sales order stock. Which process do you use to post actual costs on a sales order in SAP S/4HANA? There are TWO correct answers for this question 3.2

    • Delivery from production order to sales order stock

    • Production order settlement

    • External goods receipt on sales order stock

    • Production order confirmation

    Correct Answer(s)
    A. Production order settlement
    A. Production order confirmation
    Explanation
    In a make-to-order scenario, the process used to post actual costs on a sales order in SAP S/4HANA includes production order settlement and production order confirmation. Production order settlement allows for the allocation of costs from the production order to the sales order, ensuring accurate cost accounting. Production order confirmation confirms the completion of the production order and updates the costs on the sales order accordingly. These two processes work together to ensure that the actual costs incurred during production are properly reflected on the sales order.

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  • 28. 

    When you define assessment cycles for the period-end closing in overhead cost accounting, which object can you assign to the cycle segment? 3.1

    • Template

    • Allocation structure

    • Costing sheet

    • Settlement rule

    Correct Answer
    A. Allocation structure
    Explanation
    In overhead cost accounting, when defining assessment cycles for the period-end closing, you can assign the object "Allocation structure" to the cycle segment. This means that the allocation of costs to different cost centers or cost objects will be based on the predefined allocation structure. The allocation structure determines the rules and methods for distributing overhead costs, ensuring accurate and fair allocation of expenses to the appropriate cost centers or cost objects.

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  • 29. 

    You are posting a purchase order for a warehouse material. From which object is the profit center derived? 4.2

    • Plant

    • Cost center

    • Business partner

    • Material master

    Correct Answer
    A. Material master
    Explanation
    The profit center is derived from the material master. The material master is a central database that contains all the information about a material, including its profit center. The profit center is a key element in determining the financial performance of a material, as it helps in tracking and analyzing the profitability of the material in the warehouse. Therefore, the profit center is derived from the material master.

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  • 30. 

    Which are levels of internal order planning? There are TWO correct answers for this question 3.1

    • Integrated planning

    • Primary and secondary cost and revenue planning

    • Group costing

    • Overall planning

    Correct Answer(s)
    A. Integrated planning
    A. Overall planning
    Explanation
    The correct answers for the levels of internal order planning are integrated planning and overall planning. Integrated planning involves coordinating different aspects of planning, such as financial, operational, and strategic planning, to ensure alignment and efficiency. Overall planning refers to the comprehensive planning of all resources and activities within an organization to achieve its goals. These two levels of planning are important in ensuring that internal orders are effectively managed and resources are allocated appropriately.

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  • 31. 

    When is the standard hierarchy of the controlling area created? 3.1

    • When the first company code is assigned to the controlling area

    • 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

    Correct Answer
    A. When the controlling area is defined
    Explanation
    The standard hierarchy of the controlling area is created when the controlling area is defined. This means that when the controlling area is set up and its parameters are defined, the standard hierarchy is automatically created. The standard hierarchy is a structure that organizes the different elements within the controlling area, such as cost centers, profit centers, and internal orders. It provides a framework for reporting and analysis within the controlling area.

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  • 32. 

    You want to use a template for activity and process assignment to your material cost estimate. What do you need to do?* 3.2

    • Use the costing sheet of the costing view 1 in the template determination table

    • Use the template allocation function in the material cost estimate and the costing run

    • Assign a template to an operation in the routing of the material

    • Assign a template directly to costing view 1 of the material master record

    Correct Answer
    A. Use the template allocation function in the material cost estimate and the costing run
  • 33. 

    In which SAP S/4HANA components can you analyze the results of the results analysis? There are 3 correct answers to this question. 4.1

    • Sales and distribution

    • Inventory management

    • Profitability analysis

    • Financial accounting

    • Profit center accounting

    Correct Answer(s)
    A. Profitability analysis
    A. Financial accounting
    A. Profit center accounting
    Explanation
    You can analyze the results of the results analysis in the Profitability analysis, Financial accounting, and Profit center accounting components of SAP S/4HANA. These components provide insights and reports on the profitability, financial performance, and cost allocation of the organization.

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  • 34. 

    What action do you perform to use the Cost-Based Percentage of Completion (POC) method? 4.1

    • Running the results analysis

    • Billing of a sales order during production

    • Setting to profitability analysis

    • Costing of an order

    Correct Answer
    A. Running the results analysis
    Explanation
    To use the Cost-Based Percentage of Completion (POC) method, you need to run the results analysis. This process helps in determining the percentage of completion for a project based on the costs incurred and the progress made. By running the results analysis, you can accurately calculate the revenue and costs associated with the project, allowing for better financial reporting and decision-making.

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  • 35. 

    To which objects do you assign the elements of the cost component split to ensure the transfer of costing to costing-based CO-PA? 4.1

    • G/L accounts

    • Segments

    • Value fields

    • Controlling areas

    Correct Answer
    A. Value fields
    Explanation
    In order to transfer costing to costing-based CO-PA, the elements of the cost component split need to be assigned to value fields. Value fields are used to capture and record specific values in CO-PA, such as revenue, cost, or quantity. By assigning the cost component split elements to value fields, the system can accurately calculate and track the costs associated with different objects in CO-PA, providing valuable insights into profitability analysis.

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  • 36. 

    Which characteristic of an internal order does the order type control? 3.1

    • Time period for which the order is valid

    • Budget profile assigned to the order

    • Controlling areas the order is assigned to

    • Types of costs posted to the order

    Correct Answer
    A. Budget profile assigned to the order
    Explanation
    The order type controls the budget profile assigned to the order. This means that when an order is created with a specific order type, it will automatically be assigned a budget profile that determines how the budget for that order will be managed. The budget profile includes settings such as the budget control parameters, tolerance limits, and availability control settings. By assigning a budget profile to an order type, the system ensures that the order is managed according to the specific budgeting requirements set for that type of order.

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  • 37. 

    Which activity do you perform during period-end in profit center accounting? 4.2

    • Settle costs

    • Execute template allocation

    • Post activity allocation

    • Process distribution cycles

    Correct Answer
    A. Process distribution cycles
    Explanation
    During period-end in profit center accounting, one of the activities performed is the process distribution cycles. This involves the allocation of costs and revenues from one profit center to another based on predefined distribution rules. It ensures that the financial results are accurately reflected in each profit center and helps in analyzing the performance of individual profit centers.

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  • 38. 

    You enter the actual activity quality for work and vacation in the cross-application time sheet. Which options can you choose in the master data of the activity type to ensure the quantities and values are posted in Management Accounting? There are TWO correct answers for this question 3.1

    • Manual entry, manual allocation

    • Manual entry, indirect allocation

    • Indirect determination, indirect allocation

    • Manual entry, no allocation

    Correct Answer(s)
    A. Manual entry, manual allocation
    A. Manual entry, no allocation
    Explanation
    The correct answer is "Manual entry, manual allocation" and "Manual entry, no allocation" because these options allow the user to manually enter the activity quality for work and vacation in the time sheet without any automatic allocation or determination. This ensures that the quantities and values are posted as per the user's manual input in the Management Accounting system.

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  • 39. 

    When you create a planning layout, which objects can you use to define the data columns? There are THREE correct answers for this question 4.2

    • Distribution key

    • Value fields

    • Summarization level

    • Characteristics

    • Formulas

    Correct Answer(s)
    A. Value fields
    A. Characteristics
    A. Formulas
    Explanation
    When creating a planning layout, you can use value fields, characteristics, and formulas to define the data columns. Value fields represent the actual data that you want to include in the layout, such as sales figures or expenses. Characteristics are attributes or dimensions that provide additional context to the data, such as product categories or regions. Formulas allow you to perform calculations or manipulate the data in the layout. These three objects together help define and organize the data columns in the planning layout.

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  • 40. 

    To which objects do you settle values of the results analysis? There are TWO correct answers for this question 4.1

    • Cost center

    • Profitability segment

    • Profit center

    • Segment

    Correct Answer(s)
    A. Profitability segment
    A. Profit center
    Explanation
    The results analysis settles values to both profitability segments and profit centers. Profitability segments are used to analyze the profitability of different business segments or product lines within an organization. Profit centers, on the other hand, are used to analyze the profitability of different organizational units or divisions. By settling values to both profitability segments and profit centers, organizations can gain insights into the profitability of different aspects of their business operations.

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  • 41. 

    What tasks are performed by the system during activity allocation? There are TWO correct answers for this question 3.1

    • The allocation amount is calculated based on the quantity and price of the activity

    • The sender cost object is debited and the receiver cost object is credited

    • The cost element is derived from the master data for the activity type

    • A primary costs G/L account is used for debiting and crediting

    Correct Answer(s)
    A. The allocation amount is calculated based on the quantity and price of the activity
    A. The cost element is derived from the master data for the activity type
    Explanation
    During activity allocation, the system performs two tasks. Firstly, it calculates the allocation amount by considering the quantity and price of the activity. This helps in determining the appropriate amount to allocate to the relevant cost objects. Secondly, the system derives the cost element from the master data for the activity type. This ensures that the correct cost element is used for the allocation process, aligning it with the specific activity being performed.

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  • 42. 

    You post an expense line in an accounting document and enter an internal order and a cost center as the account assignments. After posting, the system allows you to settle the posted values from the internal order. Which settings do the cost center and internal order have? 3.1

    • Real internal orderStatistical cost center

    • Statistical internal orderStatistical cost center

    • Real internal orderReal cost center

    • Statistical internal orderReal cost center

    Correct Answer
    A. Real internal orderReal cost center
    Explanation
    The cost center and internal order have the settings of a real internal order and a real cost center. This means that the expenses posted in the accounting document can be settled from the internal order, indicating that it is a real internal order. Additionally, the cost center is also a real cost center, allowing for the settlement of expenses.

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  • 43. 

    Which customizing activity do you perform in overhead cost controlling? 3.1

    • Maintain costing variant parameters

    • Define cost center categories

    • Define profit center groups

    • Create value fields

    Correct Answer
    A. Define cost center categories
    Explanation
    In overhead cost controlling, one of the customizing activities is to define cost center categories. Cost center categories are used to classify cost centers based on their characteristics or functions. This classification helps in analyzing and controlling overhead costs effectively. By defining cost center categories, an organization can group cost centers based on their similarities and assign specific characteristics or attributes to each category. This allows for better allocation and monitoring of overhead costs, ultimately aiding in cost control and decision-making processes.

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  • 44. 

    What can you define for a user status in the status profile? 3.1

    • The versions for which you can enter plan data

    • The order types for which a user status is valid

    • The business user IDs authorized to change the user status

    • The assigned user status after a business transaction is executed

    Correct Answer
    A. The assigned user status after a business transaction is executed
    Explanation
    The correct answer is the assigned user status after a business transaction is executed. In the status profile, you can define the user status that will be assigned to a business transaction after it is executed. This allows you to track the progress or stage of the transaction.

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  • 45. 

    Which key performance indicators (KPIs) does profit center accounting help you report? There are TWO correct answers for this question 4.2

    • Contribution of new customers to gross revenue

    • Return on capital expenditure investment

    • Profit contribution of a department

    • Impact on sales of a marketing activity

    Correct Answer(s)
    A. Return on capital expenditure investment
    A. Profit contribution of a department
    Explanation
    Profit center accounting helps you report the return on capital expenditure investment and the profit contribution of a department. This means that it provides information on the profitability and efficiency of investments made in capital expenditures, as well as the profitability of individual departments within the organization.

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  • 46. 

    Your customer uses account-based CO-PA. Which sales documents create an account-based CO-PA line item for each standard ledger in the universal journal table in SAP S/4HANA 1709? There are TWO correct answers for this question 4.1

    • Goods issue

    • Goods receipt

    • Sales order

    • Billing

    Correct Answer(s)
    A. Goods issue
    A. Billing
    Explanation
    Goods issue and billing are the two sales documents that create an account-based CO-PA line item for each standard ledger in the universal journal table in SAP S/4HANA 1709. When goods are issued, it affects the inventory and CO-PA is updated accordingly. Similarly, when billing is done, it affects the revenue and CO-PA is updated with the corresponding line item.

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  • 47. 

    When do you use an assessment instead of a distribution? There are TWO correct answers for this question 3.1

    • When you need the option to reverse the cycle as often as required

    • When you need to transfer secondary costs

    • When you want to view the original cost elements on the receiver

    • When you want to consolidate allocated expenses

    Correct Answer(s)
    A. When you need to transfer secondary costs
    A. When you want to consolidate allocated expenses
    Explanation
    When you need to transfer secondary costs, it means that there are additional costs associated with the main cost that need to be accounted for and allocated. Using an assessment allows for the transfer of these secondary costs to the appropriate cost objects.

    When you want to consolidate allocated expenses, it means that there are multiple expenses that need to be combined and reported together. Using an assessment allows for the consolidation of these allocated expenses into a single cost element, making it easier to analyze and report on the overall expenses.

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  • 48. 

    Which settings can you configure per order type for the budget and availability control? There are TWO correct answers for this question 3.1

    • Design budget manager

    • Budget data entry layout

    • Budgeting on cost element level

    • Budget tolerance limits

    Correct Answer(s)
    A. Budgeting on cost element level
    A. Budget tolerance limits
    Explanation
    You can configure the budget and availability control per order type by setting the budgeting on cost element level and budget tolerance limits. The budgeting on cost element level allows you to define the specific cost elements that will be included in the budget for each order type. The budget tolerance limits allow you to set limits on the amount of budget that can be exceeded for each order type, ensuring that spending stays within the defined limits.

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  • 49. 

    What do you do to create a primary cost component split? There are TWO correct answers for this question 3.2

    • Assign a cost component structure to the CO-version

    • Use the cost splitting tool on cost centers

    • Run an activity price calculation

    • Enter split activity prices manually

    Correct Answer(s)
    A. Assign a cost component structure to the CO-version
    A. Run an activity price calculation
    Explanation
    To create a primary cost component split, you need to assign a cost component structure to the CO-version. This allows you to define the different cost components that make up the total cost. Additionally, running an activity price calculation is necessary to determine the cost of each activity. These two actions together enable the system to split the primary cost into its various components accurately.

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Quiz Review Timeline (Updated): Mar 19, 2024 +

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  • Current Version
  • Mar 19, 2024
    Quiz Edited by
    ProProfs Editorial Team
  • Mar 19, 2020
    Quiz Created by
    U123456

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