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| Section | Objectives |
|---|---|
| Topic 1: Profit Center Accounting | - Profit center structures - Reporting and analysis |
| Topic 2: Internal Orders | - Settlement processes - Planning and budgeting |
| Topic 3: Cost Center Accounting | - Actual postings and allocations - Planning and budgeting - Reporting in cost centers |
| Topic 4: Organizational Structures and Master Data | - Cost element accounting - Cost center accounting master data - Internal orders master data |
| Topic 5: Product Costing | - Costing variants and structures - Cost object controlling - Material cost estimates |
| Topic 6: Profitability Analysis (CO-PA) | - Characteristics and value fields - Account-based CO-PA |
| Topic 7: Overhead Management and Allocations | - Activity allocation - Assessments and distributions |
1. Which processes belong to the "final costing" of cost objects?
There are TWO correct answers for this question
Response:
A) Work in process
B) Overhead surcharge
C) Variance calculation
D) Revaluation at actual costs
2. For which objects can you revaluate activities and business processes at actual prices?
There are THREE correct answers for this question
Response:
A) Work breakdown structure elements
B) Profitability segments
C) Cost centers
D) Work centers
E) Profit centers
3. 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
Response:
A) Results analysis category
B) Results analysis cost element
C) Results analysis version
D) Results analysis profit center
E) Results analysis method
4. What is required before you can create a multi-level material cost estimate without quantity structure?
Response:
A) Material master with costing view
B) Material master with accounting view and with MRP views
C) Specific valuation variants for material costings without quantity structure
D) Specific costing variants for material costings without quantity structure
5. Which process can you use to credit internal orders during period-end closing?
Response:
A) Assessment
B) Distribution
C) Indirect activity allocation
D) Periodic reposting
Solutions:
| Question # 1 Answer: A,C | Question # 2 Answer: A,B,E | Question # 3 Answer: A,C,E | Question # 4 Answer: A | Question # 5 Answer: D |
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