SAP CO Certification Test: Quiz!

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SAP CO Certification Test: Quiz! - Quiz

SAP CO is an SAP module for Management Accounting that helps companies by providing analytical information for making proper decisions at the management level. Institutions use CO for handling financial accounts for internal analysis and strategy development. Test your knowledge by taking this SAP CO certification test.


Questions and Answers
  • 1. 

    Choose the right sentences about Direct Posing.

    • A.

      You post a fixed amount to an account by specifying the account number.

    • B.

      You can post directly to all primary cost elements

    • C.

      You can only post indirectly to secondary cost elements.

    • D.

      The R/3 System determines the account automatically at the time of posting.

    • E.

      You can not enter the account number with the posting transaction.

    Correct Answer(s)
    A. You post a fixed amount to an account by specifying the account number.
    B. You can post directly to all primary cost elements
    Explanation
    Event-based postings

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  • 2. 

    In Financial Accounting you post to a Management Accounting relevant account. Which statements are true?

    • A.

      Debit a cost center as real.

    • B.

      Debit a cost center as real and an order as real.

    • C.

      Debit a cost center statistically and an order as real.

    • D.

      Debit a statistical order as real and a cost center as statistical.

    Correct Answer(s)
    A. Debit a cost center as real.
    D. Debit a statistical order as real and a cost center as statistical.
    Explanation
    Event-based postings

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  • 3. 

    The Default Account Assignment:

    • A.

      Is defined in the cost element master record.

    • B.

      Chooses automatic account assignment when faced with contradictory information.

    • C.

      Can be overwritten.

    • D.

      Is maintained in Customizing.

    Correct Answer
    C. Can be overwritten.
    Explanation
    Event-based postings.

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  • 4. 

    A validation can always contain only one step.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    Event-based postings. One validation is created per controlling area. A validation can contain several steps.

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  • 5. 

    The substitution is stronger than (has priority over) the validation.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    Event-based posting. The validation has priority over (is stronger than) the substitution.

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  • 6. 

    The manual re-posting is always related to the Financial Management document.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    Event-based posting. The manual posting is created without relation to the FI document.

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  • 7. 

    A sender check is carried out for the transaction “Reposting of Line Items”.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    Event-based posting. When posting line items, a sender check is carried which is not the case for manual repostings.

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  • 8. 

    The internal order can be the sender of a direct activity allocation.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    Event-based posting. The internal order can not be the sender of a direct activity allocation, only the receiver.

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  • 9. 

    The system requires the activity type for direct activity allocation.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    Event-based posting. The activity type is required for activity allocation.

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  • 10. 

    Debiting and crediting can be executed under a primary or a secondary activity type.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    Event-based posting. Debiting and crediting that results from a direct activity allocation are executed a secondary cost element of the category 43.

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  • 11. 

    To calculate accrued costs, use the percentage method.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    Period-end closing.

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  • 12. 

    Statistical key figures (Period-end closing).

    • A.

      Those defined as fixed values are updated from the corresponding posting period onwards, in all of the following posting periods of the fiscal year.

    • B.

      Can be used as a basis for periodical allocations.

    • C.

      Must be defined within the framework of the activity allocation.

    • D.

      Can not be changed once they have been entered.

    Correct Answer(s)
    A. Those defined as fixed values are updated from the corresponding posting period onwards, in all of the following posting periods of the fiscal year.
    B. Can be used as a basis for periodical allocations.
    Explanation
    Fixed values are entered once and then updated in the following posting periods. Statistical key figures can be used as a basis for periodical allocations. They are not required for the activity allocation. The recorded data can be changed at any time.

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  • 13. 

    The periodic reposting can only repost primary costs.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    Primary postings are allocated to the receiver objects with the aid of the periodic reposting. Secondary costs are not allocated further.

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  • 14. 

    A secondary allocation cost element is required for carrying out periodic reposting. (Period-end closing)

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    During periodic reposting, the original cost element remains the same.

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  • 15. 

    Cycles that are assigned to the same cycle run groups can run parallel to one another. (Period-End closing)

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    Cycles that are assigned to different cycle run groups can run parallel to one another.

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  • 16. 

    What advantages does the distribution have compared to periodic reposting?

    • A.

      In comparison to periodic reposting in the totals record, distribution does not represents a complete credit record.

    • B.

      You can not distribute primary costs.

    • C.

      In comparison to periodic reposting in the totals record, distribution represents a complete credit record.

    • D.

      You can see in the totals record to which partner the clearing was made.

    Correct Answer(s)
    C. In comparison to periodic reposting in the totals record, distribution represents a complete credit record.
    D. You can see in the totals record to which partner the clearing was made.
    Explanation
    The distribution method provides a complete credit record, unlike periodic reposting. Additionally, the totals record allows for visibility into which partner the clearing was made with.

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  • 17. 

    What are the building blocks for the SAP Solution Management strategy?

    • A.

      Safeguarding Management, Empowering Management, Solution Management Optimization, Support Programs Management and Testing Management.

    • B.

      Global Strategy and Service Level Management, Business Process Management, Management of mySAP technology, Software Change Management and Support Desk Management.

    • C.

      Project Management, Blueprint Definition Management, Configuration Management, Customizing Synchronization Management and Testing Management.

    • D.

      Integrated Product Management, Project Monitoring and Control, Configuration Management, Supplier Agreement Management and Organizational Effort Management.

    • E.

      Supply Chain Management, Customer Relationship Management, Strategic Enterprise Management, Business Warehouse Management, and Advanced Planner Optimizing.

    Correct Answer
    B. Global Strategy and Service Level Management, Business Process Management, Management of mySAP technology, Software Change Management and Support Desk Management.
    Explanation
    The building blocks for the SAP Solution Management strategy include Global Strategy and Service Level Management, Business Process Management, Management of mySAP technology, Software Change Management, and Support Desk Management. These components are essential for effectively managing and optimizing SAP solutions within an organization. Global Strategy and Service Level Management focuses on aligning SAP solutions with the overall business strategy and ensuring service levels are met. Business Process Management involves analyzing and improving business processes using SAP solutions. Management of mySAP technology involves managing the technical aspects of SAP solutions. Software Change Management ensures smooth and controlled changes to SAP software, while Support Desk Management handles user support and issue resolution.

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  • 18. 

    What are the five phases of the Implementation Roadmap?

    • A.

      Global Strategy, Business Process Management of mySAP technology, Development Management, Software Change Management and Support Desk Management.

    • B.

      Project Preparation, Business Blueprint, Realization, Final Preparation and Go Live & Support.

    • C.

      Integrated Product Management, Project Monitoring and Control, Configuration Management, Supplier Agreement Management and Organizational Effort Management.

    • D.

      Supply Chain Management, Customer Relationship Management, Strategic Enterprise Management, Business Warehouse Management and Advanced Planner Optimizing.

    • E.

      Transactions, Logical Component, Documentation, IMG Assignments and Test Cases.

    Correct Answer
    B. Project Preparation, Business Blueprint, Realization, Final Preparation and Go Live & Support.
    Explanation
    The correct answer is "Project Preparation, Business Blueprint, Realization, Final Preparation and Go Live & Support." This answer accurately identifies the five phases of the Implementation Roadmap in a project. The phases mentioned in the other options do not align with the standard implementation process and are not relevant to the question.

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  • 19. 

    The SAP Solution Manager as the technical and operations infrastructure has some components. What are they?

    • A.

      Operations, Solution Monitoring and Support.

    • B.

      Schedule Manager, Solution Manager and Solution Monitor.

    • C.

      Transactions, Logical Component, Documentation, IMG Assignments and Test Cases.

    • D.

      Project Preparation, Business Blueprint, Realization, Final Preparation and Go Live & Support.

    • E.

      Workflow, SAP Notes search, SAP Notes assistant and interface to SAP Service Marketplace to send

    Correct Answer
    A. Operations, Solution Monitoring and Support.
    Explanation
    The correct answer is Operations, Solution Monitoring, and Support. These components are part of the technical and operations infrastructure of the SAP Solution Manager. Operations involves managing system landscapes, monitoring system availability, and performing system administration tasks. Solution Monitoring focuses on monitoring and analyzing the performance and availability of business processes and technical systems. Support includes managing incidents, service requests, and problem resolution. These components are crucial for maintaining the overall functionality and performance of the SAP Solution Manager.

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  • Current Version
  • Mar 22, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Mar 07, 2009
    Quiz Created by
    Fabianodsouza
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