01. Which of the following statements correct with reference to product cost collector?
There are 2 correct answers to this question.
a) It is a cost object for collecting production costs for manufactured product
b) Costing by lot size is required for product cost collector
c) All the costs for a material during the month is debited to a single product cost collector
d) Product cost collector is a single order created for a material
02. Which of the following is a typical process sequence for selling products from stock?
Please choose the correct answer.
a) Incoming order -> Goods receipt/transport -> Dunning and payment -> Billing
b) Purchase requisition -> Billing -> Transport/goods receipt -> Dunning and payment
c) Incoming order -> Transport/delivery -> Billing -> Dunning and payment
d) Purchase requisition -> Delivery/transport -> Dunning and payment -> Billing
03. The controlling department requires the production order variances to be settled to profitability analysis. How can you achieve this?
There are 2 correct answers to this question.
a) Set the Variances indicator in the settlement profile.
b) Assign an allocation structure to the settlement profile.
c) Set the To Be Settled in Full indicator in the settlement profile.
d) Assign a PA transfer structure to the settlement profile.
04. You want to define some fields as mandatory in an internal order. How can you achieve this?
Please choose correct answer
a) Adjust the field status variant in the order layout.
b) Adjust the field selection in the order type.
c) Define the fields as mandatory in the model order.
d) Define a user status in the status profile.
05. A customer uses assessment cycles in Cost Center Accounting. What do you need to do to receive the results on the profit centers in New General Ledger Accounting?
Please choose the correct answer.
a) Activate document split for cost centers in New General Ledger Accounting.
b) Activate real-time reconciliation between Controlling (CO) and Financial Accounting (FI).
c) Activate plan integration for profit centers.
d) Define and execute the appropriate cycles in New General Ledger Accounting.
06. For which record types can you set up a valuation in costing-based profitability analysis?
There are 2 correct answers to this question.
a) F – Billing data
b) X – Activity allocation
c) K – Cost center assessment
d) B – Direct posting from Financial Accounting
07. How can you set up segment reporting in New General Ledger Accounting?
There are 2 correct answers to this question.
a) Define segment master records in Management Accounting.
b) Activate segment reporting in Customizing.
c) Assign segments in the master record of the profit center.
d) Assign segments in the master record of the cost center.
08. Which step in the sales-from-stock process creates the cost of goods sold in account-based profitability analysis (CO-PA)?
Please choose the correct answer.
a) Outbound delivery with goods issue
b) Conformation of goods receipt from the customer
c) Billing
d) Creation of the sales order
09. You want to plan costs on an internal order. Which of the following options can you use to reduce manual planning effort?
Please choose correct answer.
a) Copy plan to plan
b) Top-down planning for order hierarchies
c) Activity output planning
d) Plan assessment
10. Which of the following terms apply to costing-based profitability analysis?
There are 2 correct answers to this question.
a) Contribution margin
b) Balance sheet statement
c) Segment reporting
d) Cost of sales accounting