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| Section | Objectives |
|---|---|
| Topic 1: Profitability Analysis (CO-PA) | - Characteristics and value fields - Account-based CO-PA |
| Topic 2: Product Costing | - Costing variants and structures - Cost object controlling - Material cost estimates |
| Topic 3: Overhead Management and Allocations | - Activity allocation - Assessments and distributions |
| Topic 4: Cost Center Accounting | - Reporting in cost centers - Actual postings and allocations - Planning and budgeting |
| Topic 5: Internal Orders | - Settlement processes - Planning and budgeting |
| Topic 6: Organizational Structures and Master Data | - Cost center accounting master data - Internal orders master data - Cost element accounting |
| Topic 7: Profit Center Accounting | - Profit center structures - Reporting and analysis |
1. When you define assessment cycles for the period-end closing in overhead cost accounting, which object can you assign to the cycle segment?
Response:
A) Allocation structure
B) Settlement rule
C) Template
D) Costing sheet
2. Which management accounting currencies can you use for evaluation when you use cross-company- code cost accounting?
There are THREE correct answers for this question
Response:
A) Reference currency
B) Controlling area currency
C) Object currency
D) Company code currency
E) Transaction currency
3. What are the benefits of using valuated sales order stock compared to non-valuated sales order stock?
There are TWO correct answers for this question
Response:
A) Production cost calculation
B) Simplified inventory value determination
C) Combined quantity and value flow analysis
D) Production order settlement to sales order
4. Which key performance indicators (KPIs) does profit center accounting help you report?
There are TWO correct answers for this question
Response:
A) Return on capital expenditure investment
B) Profit contribution of a department
C) Contribution of new customers to gross revenue
D) Impact on sales of a marketing activity
5. 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?
Response:
A) Creating multi-dimension sets
B) Configuring derivation rules
C) Defining flexible hierarchies
D) Copying groups with suffix
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B,C,D | Question # 3 Answer: B,C | Question # 4 Answer: A,B | Question # 5 Answer: D |
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