You want to determine which operations of the oruting should be considered in a product cost calculation .
How do you do this? 2 Answers
- A . By marking the cost indicator in the control key assigned to the operation
- B . By assigning a cost center top the work center in the operation
- C . By defining a usage key in the header of the routing
- D . By marking the Relevance to Costing indicator in the operation
Which statements are relevant to the cost of sales accounting method in profitability management? 2 Answers
- A . It aims to match revenues for goods and services against sales-related expenses.
- B . It presents the costs and revenues information in a format that is ideal for conducting margin analyses.
- C . It aims to summarize activity and situational change for a given organizational unit over a period of u time.
- D . It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities.
What does the internal order settlement profile define? There are THREE correct answers for this question
- A . Whether settlement is necessary
- B . The template allocation
- C . The valid receivers
- D . Whether commitment management is necessary
- E . The accounting document type
Which objects can statistical key figures be applied to?
- A . Profit centers
- B . General ledger accounts
- C . Cost centers
- D . Functional areas
On which document in the sales process is the profit initially entered?
- A . Sales inquiry
- B . Sales order
- C . Goods issue
- D . Service contract
On which organizational level do you maintain profit center accounting in SAP S/4HANA?
- A . Financial statement version
- B . Operating concern
- C . Company code
- D . Controlling area
When you define assessment cycles for the period-end closing in overhead cost accounting, which object can you assign to the cycle segment?
- A . Template
- B . Costing sheet
- C . Settlement rule
- D . Allocation structure
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?
- A . Costing-based only
- B . Periodic accounting-based
- C . Account-based only
- D . Both account-based and costing-based only
Which processes belong to the "final costing" of cost objects? There are TWO correct answers for this question
- A . Work in process
- B . Variance calculation
- C . Revaluation at actual costs
- D . Overhead surcharge
What is required before you can create a multi-level material cost estimate without quantity structure?
- A . Material master with costing view
- B . Specific valuation variants for material costings without quantity structure
- C . Material master with accounting view and with MRP views
- D . Specific costing variants for material costings without quantity structure
You want to use a template to consider overhead during product costing .
How do you assign the template to your material?
- A . Using a profit center and an overhead key
- B . Using a special procurement type and an overhead group
- C . Using an origin group and an overhead group
- D . Using an overhead group and an overhead key
You want to settle primary cost elements and secondary cost elements to different receivers .
What do you use?
- A . Allocation structure
- B . PA transfer structure
- C . Overhead structure
- D . Source structure
In which module do you process profit center allocations in SAP S4/HANA
- A . Profit center Accounting
- B . Cost center Accounting
- C . General Ledger Accounting
- D . Product Cost Accounting
Which default values can you configure for the product cost collector? 2 answers
- A . Costing variant for preliminary costing
- B . Results Analaysis (RA) version
- C . Results Analaysis (RA) key
- D . Variance variant
You want to understand why costs are collected on sales order item level .
What do you need to check in the configuration? 3 answers
- A . Account assignment category
- B . Valuation variant
- C . Requirement type
- D . Requirement class
- E . Costing type
What are some of the characteristics of Profit Center Accounting in SAp S/4HANA? 2 answers
- A . It is possible to derive the profit center from the segment in configuration
- B . It is integrated in the universal journal
- C . It can be used in the settlement rule for internal orders
- D . It can be used with period and/or cost of sales accounting
What can you use to difference two or more cost estimates for the same material? 2 answers
- A . Valuation variant
- B . Transfer control
- C . Costing variant
- D . Costing version
Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA?
- A . Account currency
- B . Account group
- C . Field status group
- D . Account type
What do you need to define in order to report variable costs that refer to the cost component split in account-based CO-PA? There are TWO correct answers for this question
- A . A variable cost field in
- B . A calculation formula
- C . A cost splitting profile
- D . A price difference profile
Which of the following statements are applicable to SAP S/4HANA embedded analytics? 2 Answer
- A . It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analytics Tools for reporting
- B . It is part of SAP S/4HANA Strategic Analytics tools stack that uses virtual data models for reporting.
- C . It is part of the core SAP S/4HANA license and uses the same technical stack and user interface.
- D . It uses core data services (CDS) views to create virtual data models (VDMs) for reporting
WXhat is the highest reporting level in management accounting?
- A . Controlling area
- B . Operating concern
- C . Profit center
- D . Company code
How does SAP S4HANA select line-item-based data for costing-based Profitability Analysis reports?
- A . It selects data from table ACDOCA and plan data from table ACDOCP
- B . It selects data from table CE1XXXX and plan data from table CE2XXXX
- C . It selects data from table CE2XXXX and plan data from table CE3XXXX
- D . It selects data from table ACDOCA and plan data from table COSP
What can you use to difference two or more cost estimates for the same material? There are TWO correct answers for this question
- A . Transfer control
- B . Valuation variant
- C . Costing version
- D . Costing variant
Which criteria do you use to specify the G/L account for the work in process (WIP) settlement? There are THREE correct answers for this question
- A . Results analysis category
- B . Results analysis method
- C . Results analysis profit center
- D . Results analysis version
- E . Results analysis cost element
How does SAP S/4HANA capture costs?
- A . Secondary costs are captured as secondary cost elements, and NOT as general ledger accounts.
- B . Only primary costs are captured in general ledger accounts
- C . All primary and secondary costs are captured by creating them as cost elements.
- D . Primary and secondary costs are captured in general ledger accounts
You are implementing SAP S4/HANA and you want to run analytical reports off a single data model .
Which statement best describes reporting in SAP S4/HANA?
- A . Reporting can be either broad and deep for analysis, or speedy and simple, but not both.
- B . Reporting on data in real time is difficult, and complex to design.
- C . Reporting analytical data is always done in business warehouse system.
- D . Reporting on data is available in real time at every level of detail.
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?
- A . The leading and extension ledgers
- B . The standard ledgers
- C . The leading ledger only
- D . All ledgers
Which statement best describes the query browser for reporting?
- A . It is a desktop browser that interates with SAP S/4HANA
- B . It is a strategic analytical tool in SAP S/4HANA
- C . It is availability as an additional license product in SAP S/4HANA
- D . It is a design studio app that comes as standard SAP Fiori content
You want to use a template for activity and process assignment to your material cost estimate .
What do you need to do?
- A . Assign a template to an operation in the routing of the material
- B . Use the costing sheet of the costind view 1 in the template determination table
- C . Assign a template directly to costing view 1 of the material master record
- D . Use the template allocation function in the material cost estimate and the costing run
When trying to assign a profit center to a new cost center, you receive an error .
What can cause this error?
- A . The profit center has already been assigned to a different cost center
- B . The validity period of the cost center is shorter than that of the profit center
- C . The lock indicator is activated in the profit center master record
- D . The validity period of the profit center is shorter than that of the cost center
Which of the following are typical activities of the sales planning phase in SAP S/4HANA? There are TWO correct answers for this question
- A . Bottom-up distribution
- B . Transfer of GL account data
- C . Manual entry of data
- D . Top-down distribution
At which level can you assign a valuation strategy in CO-PA? There are TWO correct answers for this question
- A . Sales order type
- B . Costing key
- C . Record type
- D . Point of valuation
Which parameters can you enter when you create a costing run? There are THREE correct answers for this question
- A . Transfer control
- B . Production version
- C . Costing version
- D . Valuation variant
- E . Costing variant
To which objects do you settle values of the results analysis? There are TWO correct answers for this question
- A . Profitability segment
- B . Cost center
- C . Profit center
- D . Segment
During posting, from which object does the system first derive the profit center if the profit center is NOT directly assigned to a network activity?
- A . Dummy profit center
- B . Project definition
- C . Network header
- D . WBS element
You want to set up budget availability control for your projects and internal ordders .
What can you check using budget availability control? 2 Answers
- A . The availability of funds in object currency
- B . The availability of funds using overall plan value
- C . The availability of funds on period level
- D . The availability of funds according to tolerance limits
You want to maintain a cost component structure .
What can you determine for each cost component?
- A . Relevance of cost component to goods manufactured
- B . Relevance of cost component to results analysis
- C . Assignment of cost component to calculation base for overheads in costing sheet
- D . Relevance of cost component to inventory valuation
- E . Assignment of cost component to cost component group
To which object do you settle values of the result analysis?
- A . Profitability segment
- B . Cost center
- C . Profit Center
- D . Segment
Which of the following statements best describe Product Cost by Period? 2 Answers
- A . It is used to analyse work in a process based on actual costs
- B . It is used when the focus of controlling is on a stable continuous production process
- C . It is used in conjunction with a product cost collector
- D . It is used joint production with process orders
Which tasks can you perform on a production order in a make-to-order scenario with valuated stock? There are TWO correct answers for this question
- A . Calculate production variances
- B . Settle the variances to CO-PA
- C . Transfer reserves for realized costs
- D . Perform results analysis
Which objects are predifined characteristics in SAP S/4HANA? 3 Answers
- A . Product Category
- B . Controlling Area
- C . Region
- D . Company Code
- E . Plant
In the product Cost by Order component, what does the system calculate depending on the order status? 1 answer
- A . WIP at target costs or variances
- B . WIP at actual costs or variances
- C . WIP at planned costs or variances
- D . Both WIP and variances or only variances
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
- A . Fiscal year variant
- B . Currency
- C . Chart of accounts
- D . Posting period variant
You configured an overhead costing sheet that uses the quantity-based overhead approach to calculate the overhead amount .
What is required for the amount to be calculated?
- A . Cost accounts with the option to record quantity
- B . Activity types with actual or plan quantities maintained
- C . Statistically figures with values for the period
- D . Settlement rules with valid receiver objects
Which parameters are controlled by the costing type in a costing variant? 2 answers
- A . Price for materials
- B . Price update
- C . Save with date key
- D . Costing sheet
In a standard system delivery, how many characteristics can be added to an operating concern?
- A . Over 150
- B . 101-150
- C . 0-70
- D . 71-100
Which cost estimates must you reuse with the transfer control functionality?
- A . Cost estimates across company codes
- B . Cost estimates with same cost component structure
- C . Cost estimates with quantity structure
- D . Cost estimates within the same plant
You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration .
What requirement must be fulfilled? 2 Answers
- A . The type of the corresponding general ledger must be primary cost/revenue or secondary cost
- B . Costing-based Profitability Analysis must be active
- C . Account-based profitability must be active.
- D . The type of the corresponding general ledger must be balance sheet
Which views can you use to analyse the costing results withn the costing run tool?
- A . Variance report
- B . Material list report
- C . Work in progress report
- D . Analysis report
- E . Costing levels report
What can you do with statistical internal orders?
- A . Apply overhead rates to the internal order
- B . Settle costs to a cost center
- C . Simultaneously post to a cost center
- D . Transfer posting to another internal order
How do you define the relationship between an operating concern and a controlling area?
- A . One-to-many (1:N)
- B . One-to-one (1:1)
- C . Many-to-many(N:N)
- D . Many-to-one (N:l)
Which order status is relevant for creating work in process (WIP) calculations when you use Product Cost by Order (PCO)?
- A . Partially released
- B . Technically completed
- C . Delivered
- D . Created
What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item? 2 answers
- A . The sales order item is a cost object
- B . The material in the sales order item is a service
- C . The sales order item is assigned to project
- D . Profitability Analysis (CO-PA) is activated
What is the default option for planning profit center values in SAP S/4HANA?
- A . Profitability analysis planning
- B . Business planning and consolidation
- C . Management accounting planning
- D . Financial accounting planning
Which of the following steps are part of the procedure to update the standard price of the material? 2 answers
- A . Split the cost
- B . Archive the cost estimates
- C . Release the cost estimate
- D . Mark the cost estimate
When you configure period-end closing, which accrual calculations methods can you use? There are TWO correct answers for this question
- A . Statistical key figure
- B . Percentage
- C . Template
- D . Target equals actual
How do you maintain number intervals/ranges in Controlling?
- A . By posting key
- B . By business transaction
- C . By company code
- D . By document type
Which activity do you perform during period-end in profit center accounting?
- A . Settle costs
- B . Post activity allocation
- C . Execute template allocation
- D . Process distribution cycles
How can you define a dynamic group for internal orders?
- A . Use wild cards in the order codes assigned to nodes
- B . Assign a selection variant to an end node
- C . Define an order coding mask for order types
- D . Create a substitution rule for mass changes
What are some of the characteristics of internal order planning? 2 answers
- A . Tolerance limits are defined
- B . Availability control is checked
- C . Multiple versions are allowed
- D . Costs are entered