c_TS4CO_1909

A profit center standard hierarchy contains all profit centers that are assigned to which organizational unit? Please choose the correct answer. Operating concern. Controlling area. Plant. Client.

At what level do you create the structure of the operating concern? Please choose the correct answer. Controlling area level. Client level. Company code level. Sales organization level.

At which level can you assign a valuation strategy in CO-PA? There are TWO correct answers for this question. Costing key. Record type. Sales order type. Point of valuation.

At which level do you define the valuation method for result analysis?. Operating concern. Company code. Controlling area. Sales organization.

During postings, from which object does the system first derive the profit center if the profit center is NOT directly assign to a network activity?. Dummy profit center. Network header. WBS element. Project definition.

For which objects can you revaluate activities and business processes at actual prices? There are THREE correct answers to this question. Work breakdown structure elements. Work centers. Profitability segments. Profit centers. Cost centers.

For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA? Please choose the correct answer. Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation. Parallel accounting is needed in order to be compliant with different accounting principles. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.

For which revenue carrying cost objects does the system perform results analysis? There are THREE correct answers to this question. Business processes. Cost center. Customer service orders. Internal order. Work breakdown structure.

How can you configure cycles for period-end allocation? There are TWO correct answers for this question. Create cycles that iterate with each other. Assign several segments to a cycle. Use different allocation rules within one segment. Define allocation for the same cost center in multiple segments.

How can you configure the transfer price solution in SAP S/4HANA? There are TWO correct answers to this question. Use separate ledgers for each valuation. Use separate accounts for each valuation. Use separate segments for each valuation. Use separate currency types within the same ledger for each valuation.

How can you define a dynamic group for internal orders? Please choose the correct answer. Create a substitution rule for mass changes. Assign a selection variant to an end node. Define an order coding mask for order types. Use wild cards in the order codes assigned to nodes.

How can you define the overhead rate in a costing sheet? There are TWO correct answers to this question. As percentage rate. As lot-based surcharge. As equivalence number. As quantity-based surcharge.

How can you populate local variables in Profitability Analysis reports?. By user entry during report execution. By business Add-in. By user exit. By populating from user parameters.

How do you define the relationship between an operating concern and a controlling area?. Many-to-one (N:1). Many-to-many(N:N). One-to-many (1:N). One-to-one (1:1).

How do you maintain number intervals/ranges in Controlling?. By company code. By business transaction. By document type. By posting key.

How does SAP S/4HANA capture costs? There are TWO correct answers to this question. All primary and secondary costs are captured by creating them as cost elements. Only primary costs are captured in general ledger accounts. Secondary costs are captured as secondary cost elements, and NOT as general ledger accounts. Primary and secondary costs are captured in general ledger accounts.

How does SAP S4/HANA determine if a characteristic value is valid in Profitability Analysis?. By defining the characteristic value as a key figure. By defining the characteristic value as a value field. By defining the characteristic value in the field catalog. By defining the characteristic value in the check table.

How does SAP S4HANA select line-item-based data for costing-based Profitability Analysis reports?. It selects actual data from table CE1XXXX and plan data from table CE2XXXX. It selects actual data from table CE2XXXX and plan data from table CE3XXXX. It selects actual data from table ACDOCA and plan data from table ACDOCP. It selects actual data from table ACDOCA and plan data from table COSP.

How does the system derive the requirement type from the material master data? There are TWO correct answers for this question. MRP group ->requirements class -> planning strategy -> requirements type. Strategy group -> planning strategy -> requirements class -> requirements type. Strategy group -> planning strategy -> requirements type. MRP group -> strategy group -> planning strategy -> requirements type.

In a make-to-order scenario, you use a sales order with an assigned production order and non-valuated sales order stock. Which process do you use to post actual costs on a sales order in SAP S/4HANA? There are TWO correct answers for this question. Production order settlement. Production order confirmation. External goods receipt on sales order stock. Delivery from production order to sales order stock.

In a standard system delivery, how many characteristics can be added to an operating concern? Please choose the correct answer. 101-150. 71-100. 0-70. Over 150.

In an SAP S/4HANA system, you have two profit centers with the same profit center code and the same validity period, but different names. What does this indicate about the configuration of the profit centers?. They are assigned to different segments. They are defined in separate controlling areas. They are defined in separate company codes. They are assigned to different functional areas.

In SAP S/4HANA, you decided to activate only account-based profitability analysis for your organization. You want to settle costs and revenue of a sales order item to a profitability segment. What do you need to configure?. PA transfer structure. Source structure. Cost component structure. Allocation structure.

In the material master record there are three planned prices. What do you use them for? Please choose the correct answer. WIP at planned costs or variances. WIP at actual costs or variances. WIP at target costs or variances. Both WIP and variances or only variances.

In which SAP S/4HANA components can you report the results of the results analysis? There are THREE correct answers to this question. Profitability analysis. Profit center accounting. Inventory management. Financial accounting. Sales and distribution.

In which module do you process profit center allocations in SAP S4/HANA?. Cost Center Accounting. General Ledger Accounting. Profit Center Accounting. Product Cost Accounting.

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? Please choose the correct answer. Creating multi-dimension sets. Defining flexible hierarchies. Copying groups with suffix. Configuring derivation rules.

Independent from the cost object, which parameters are always contained in a costing variant? There are TWO correct answers to this question. Costing type. Transfer control. Valuation variant. Reference variant.

On which document in the sales process is the profit center initially entered? Please choose the correct. Service contract. Goods issue. Sales inquiry. Sales order.

In the material master record there are three planned prices. What do you use them for? Please choose the correct answer. To valuate material stocks. To valuate goods movement. To valuate the materials in cost estimates. To update the standard price during the release of a standard cost estimate.

On which organizational level do you maintain profit center accounting in SAP S/4HANA? Please choose the correct answer. Company code. Operating concern. Financial statement version. Controlling area.

Please choose the correct answer. When do you use an assessment instead of a distribution?. Technically completed. Partially released. Created. Delivered.

To which object do you assign a costing sheet? Please choose the correct answer. Cost component structure. Transfer control. Valuation variant. Costing variant.

To which objects do you assign the elements of the cost component split to ensure the transfer of costing to costing-based CO-PA? Please choose the correct answer. Controlling areas. G/L accounts. Segments. Value fields.

To which objects do you settle values of the results analysis? There are TWO correct answers for this question. Profit center. Segment. Profitability segment. Cost center.

What action do you perform to use the Cost-Based Percentage of Completion (POC) method? Please choose the correct answer. Setting to profitability analysis. Running the results analysis. Billing of a sales order during production. Costing of an order.

What are some of the characteristics of internal order planning? There are TWO correct answers to this question. Multiple versions are allowed. Availability control is checked. Costs are entered. Tolerance limits are defined.

What are some of the characteristics of Profit Center Accounting in SAP S/4HANA? There are TWO correct answers to this question. It can be used with period and/or cost of sales accounting. It is possible to derive the profit center from the segment in configuration. It can be used in the settlement rule for internal orders. It is integrated in the universal journal.

What are some of the characteristics of SAP Core Data Services (CDS) views? There are THREE correct answers to this question. CDS views have no latency. CDS views are considered system modifications. CDS views duplicate data for reporting efficiencies. CDS views support authorizations. CDS views have ready-to-use content.

What are some of the objectives of Profitability Analysis? There are TWO correct answers to this question. Provide the company with information on the performance of its market segments. Allow the company to determine standard costs and revenues according to the period accounting method. Provide the company with a detailed view of its financial statements by responsibility units. Allow the company to determine if the sales force achieved their contribution margin goals.

What are some of the unique attributes of an assessment cycle in Controlling? There are TWO correct answers to this question. They use a secondary cost element during transfer. They use the original cost element during transfer. They transfer only primary costs. They transfer primary and secondary costs.

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. Combined quantity and value flow analysis. Production order settlement to sales order. Production cost calculation. Simplified inventory value determination.

What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item? There are TWO correct answers to this question. Profitability Analysis (CO-PA) is activate. The material in the sales order item is a service. The sales order item is assigned to a project. The sales order item is a cost object.

What can you analyze in detail when you transfer the cost component split from product cost planning to costing-based CO-PA? Please choose the correct answer. Sales revenues. Variance categories. Cost of goods sold. Cost of goods manufactured.

What can you configure in the settlement profile? There are TWO correct answers to this question. Define document management parameters. Determine an overhead key. Determine whether settlement is required. Define a number range for settlement documents.

What can you define for a user status in the status profile? Please choose the correct answer. The versions for which you can enter plan data. The business user IDs authorized to change the user status. The assigned user status after a business transaction is executed. The order types for which a user status is valid.

What can you do with statistical internal orders? Please choose the correct answer. Settle costs to a cost center. Transfer posting to another internal order. Apply overhead rates to the internal order. Simultaneously post to a cost center.

What can you manage via the account assignment category? There are TWO correct answers to this question. Separate sales order stock. Costing variant. Valuated sales order stock. Product cost by sales order.

What can you specify when you create an activity type? There are THREE correct answers for this question. The secondary costs G/L account for internal activity allocation. The activity type category for allocation. The valid receiving cost center types. The primary costs G/L account for internal activity allocation. The valid sending cost center types.

What can you use to difference two or more cost estimates for the same material? There are TWO correct answers for this question. Costing variant. Transfer control. Valuation variant. Costing version.

What do you do to create a primary cost component split? There are TWO correct answers for this question. Use the cost splitting tool on cost centers. Assign a cost component structure to the CO version. Run an activity price calculation. Enter split activity prices manually.

What do you get if you mark a standard price cost estimate? There are TWO correct answers for this question. A future standard price. A cost-based CO-PA document for material revaluation. A new status in the cost estimate. An accounting document for material ledger.

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 cost splitting profile. A variable cost field in ACDOCA. A price difference profile. A calculation formula.

What do you use to map the primary cost component split to the production cost component structure? Please choose the correct answer. Allocation structure. Cost Component groups. Transfer structure. Assignment scheme.

What does the calculation of a condition type in the costing sheet depend on? There are TWO correct answers to this question. Calculation type. Valuation. Condition class. Segment.

What does the internal order settlement profile define? There are THREE correct answers for this question. The template allocation. Whether settlement is necessary. The valid receivers. The accounting document type. Whether commitment management is necessary.

What is required before you can create a multi-level material cost estimate without quantity structure? Please choose the correct answer. Material master with costing view. Material master with accounting view and with MRP views. Specific costing variants for material costings without quantity structure. Specific valuation variants for material costings without quantity structure.

What is the default option for planning profit center values in SAP S/4HANA? Please choose the correct answer. Profitability analysis planning. Business planning and consolidation. Financial accounting planning. Management accounting planning.

What is the difference when you perform repost line items (TA: KB61) compared to manual reposting of costs (KB11n) for a cost center? There are TWO correct answers for this question. The report of the line item is updated in the original FI document. There is the option to assign the line item to several receiver objects. The line item needs a reference to an FI document. The line item values are validated against the original document.

What is the highest reporting level in management accounting? Please choose the correct answer. Company code. Operating concern. Controlling area. Profit center.

What master data objects can you set up using time-based fields? There are TWO correct answers to this question. Standard hierarchies. Activity types. Statistical key figures. Cost centers.

What must the referenced cost estimate and the receiving cost estimate have in common? Please choose the correct answer. The plant. The quantity structure. The company codes. The cost component structure.

What parameters can you set up when defining order types? There are TWO correct answers to this question. Define document type. Define default parameters for master record fields. Set up work lists. Allow revenue postings.

What tasks are performed by the system during activity allocation? There are TWO correct answers for this question. The cost element is derived from the master data for the activity type. A primary costs G/L account is used for debiting and crediting. The sender cost object is debited and the receiver cost object is credited. The allocation amount is calculated based on the quantity and price of the activity.

What values flow from Sales and Distribution billing to costing-based Profitability Analysis? There are Three correct answers to this question. Accrued production overhead. Sales deductions . Maintenance overhead costs. Revenue. Payment Disount*.

When do you select the percentage method for accrual calculation? There are TWO correct answers to this question. When you accrue activity-independent costs and an appropriate cost element for defining overhead rates is available. When you accrue activity-dependent costs and an appropriate cost element in NOT available. When you accrue-dependent costs and an appropriate cost element for defining overhead rates is available. When you accrue activity-independent costs and an appropriate cost element is NOT available.

When do you use an assessment instead of a distribution? There are TWO correct answers for this question. When you want to view the original cost elements on the receiver. When you want to consolidate allocated expenses. When you need to transfer secondary costs. When you need the option to reverse the cycle as often as required.

When is the standard hierarchy of the controlling area created? Select the correct answer. When the first cost center for a controlling area is created. When the first company code is assigned to the controlling area. When the controlling area is defined. When the controlling area is assigned to the operating concern.

When trying to assign a profit center to a new cost center, you receive an error. What can cause this error?. The lock indicator is activated in the profit center master record. The profit center has already been assigned to a different cost center. The validity period of the profit center is shorter than the cost center. The validity period of the cost center is shorter than that of the profit center.

When you configure period-end closing, which accrual calculations methods can you use? There are TWO correct answers for this question. Target equals actual. Percentage. Template. Statistical key figure.

When you create a planning layout, which objects can you use to define the data columns? There are THREE correct answers for this question. Characteristics. Formulas. Value fields. Summarization level. Distribution key.

When you create a profit center, what company code(s) is it assigned to by default?. All company codes where profit center is activated. All company codes within the controlling area. All company codes within the operating concern. All company codes, irrespective of 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? Please choose the correct answer. Template. Settlement rule. Allocation structure. Costing sheet.

Where can you adjust the automatic account assignment? There are TWO correct answers for this question. G/L account (TA: FS00). Substitution (TA: GGB1). Default account assignment (TA: OKB9). Cost center (TA: KS01).

Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA? Please choose the correct answer. COEJ. BSEG. CE1XXXX. ACDOCA.

Where do you activate commitment management for internal orders? There are TWO correct answers for this question. In the order type. In the budget profile. In the controlling area. In the company code.

Which activities can you perform while you create cost center hierarchies? There are TWO correct answers to this question. Reassign a cost center to another node of the standard hierarchy. Create a cost center without specifying a standard hierarchy. Assign a standard hierarchy to several controlling areas. Append nodes and cost centers to a node of the standard hierarchy.

Which activity do you perform during period-end in profit center accounting?. Execute template allocation. Process distribution cycles. Post activity allocation. Settle costs.

Which are levels of internal order planning? There are TWO correct answers for this question. Overall planning. Primary and secondary cost and revenue planning. Group costing. Integrated planning.

Which are mandatory attributes, when you create an operating concern with costing-based and account-based CO-PA? There are TWO correct answers for this question. Operating Concern Currency. Fiscal year variant. Second period type. Company code currency in costing-based CO-PA.

Which attributes can you configure in the activity type master record? There are THREE correct answers to this question. Company code. Price indicator. CO version. Activity type category. Valid cost center categories.

Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA? Please choose the correct answer. Account type. Account currency. Account group. Field status group.

Which characteristic of an internal order does the order type control? Please choose the correct answer. Time period for which the order is valid. Budget profile assigned to the order. Controlling areas the order is assigned to. Types of costs posted to the order.

Which component provides insight into the effectiveness and results for areas of responsibility within the enterprise? Please choose the correct answer. Profitability analysis. Revenue accounting and reporting. Profit center accounting. Results analysis.

Which configuration is possible when you assign multiple company codes to a controlling area in SAP S/4HANA? Please choose the correct answer. The company code currency may differ from the controlling area currency. The company code operational chart of accounts may differ from the controlling area operational chart of accounts. The company code fiscal year variant may differ from the controlling area fiscal year variant in the number of periods and number of especial periods. The company code fiscal year variant may differ from the controlling area fiscal year variant in the number of special periods.

Which controls can you set when you determine a characteristic derivation? There are THREE correct answers to this question. Valuation calculation. Display authority. System response when unsuccessful. Conditions for execution. Overwriting authority.

Which cost estimates must you reuse with the transfer control functionality? Please choose the correct answer. Cost estimates across company codes. Cost estimates with same cost component structure. Cost estimates with quantity structure. Cost estimates within the same plant.

Which cost objects can only be controlled by period? There are TWO correct answers for this question. Process order. Cost object hierarchy. Product cost collector. Production order.

Which costs exist in SAP S/4HANA? There are TWO correct answers for this question. Secondary costs without G/L account. Primary costs without G/L account. Secondary costs with G/L account. Primary costs with G/L account.

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. Results analysis version. Results analysis method. Results analysis profit center. Results analysis cost element. Results analysis category.

Which currency types can you use for costing-based CO-PA? There are TWO correct answers for this question. Controlling area currency. Operating concern currency. Group currency. Company code currency.

Which customizing activity do you perform in overhead accounting?. Create value fields. Define cost center categories. Define company centers categories/ Define cost centers categories. Maintain costing variant parameters.

Which customizing do you use for calculating work in progress (WIP)? There are THREE correct answers for this question. Posting rule table. Assignment table. Settlement profile table. Update table. Allocation structure table.

Which Customizing for Document Splitting settings do you maintain to ensure that financial statements can always be produced separately for each profit center? Please choose the correct answer. Standard account assignment. Inheritance. Zero-balance. Dummy profit center.

Which default values can you configure for the product cost collector There are TWO correct answers to this question. Variance variant. Costing variant for preliminary costing. Results Analysis (RA) version. Results Analysis (RA) key.

Which functionalities can create primary cost component splits? There are TWO correct answers to this question. Cost center/activity type price calculation. Execution of the assessment cycles. Business processes price calculation. Settlement of internal orders.

Which G/L account characteristic controls the integrations of the G/L account with controlling?. Valuation type. Account type. Account group. Valuation group.

Which key performance indicators (KPIs) does profit center accounting help you report? There are TWO correct answers for this question. Contribution of new customers to gross revenue. Return on capital expenditure investment. Profit contribution of a department. Impact on sales of a marketing activity.

Which main elements do you configure for the overhead costing sheet? There are THREE correct answers for this question. Allocation structure. Overhead rate. Revaluation rate. Calculation base. Credit key.

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. Reference currency. Transaction currency. Company code currency. Object currency. Controlling area currency.

Which object can you configure to offset overhead surcharges for a cost object? There are THREE correct answers for this question. Cost center. Business process. Internal order. Profit center. Profitability segment.

Which object can you select for reporting in both costing-based Profitability Analysis and account-based Profitability Analysis?. Record Type. Version. Cost Element.

Which object can you select for reporting in costing-based Profitability Analysis, and NOT in account-based Profitability Analysis? Please choose the correct answer. Record type. Company code. Cost element. Period/year.

Which object controls the tiles a business user can assign to their SAP Fiori launchpad? Please choose the correct answer. App finder. App library. Tile catalog. Tile group.

Which object do you configure to reuse material cost estimate for the costing process? Please choose the correct answer. Quantity structure control. Transfer control. Valuation variant. Group costing.

Which object do you have to assign the cost component structure to?. Costing variant. Material master record. Valuation variant. Costing type.

Which objects are predefined characteristics in SAP S/4HANA? There are THREE correct answers to this question. Region. Company Code. Controlling Area. Product Category. Plant.

Which objects can statistical key figures be applied to? There are Three correct answers for this question. Profit centers. Cost centers. General ledger accounts. Functional areas. Overhead orders.

Which objects can you plan in cost center accounting? There are THREE correct answers for this question. Secondary cost accounts. Statistical key figures. Balance sheet accounts. Activity prices. Non-operating expense accounts.

Which objects do you use when you assign costs and revenue to the value fields in costing-based CO-PA? Please choose the correct answer. Transfer structure. Allocation structure. Allocation template. Overhead group.

Which of the following are features of valuated sales order stock? There are TWO correct answers to this question. Work in process valuation. Combined quantity and value flow analysis. Simplified inventory determination. Production cost calculation.

Which of the following are typical activities of the sales planning phase in SAP S/4HANA? There are TWO correct answers for this question. Transfer of GL account data. Manual entry of data. Top-down distribution. Bottom-up distribution.

Which of the following objects can be selected in templates for activity-based costing? There are TWO correct answers to this question. Business process. Cost center/activity type. Internal order. WBS element.

Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? There are TWO correct answers to this question. It can be defined for postings on general ledger accounts of primary costs type. It can be defined for postings on general ledger accounts of secondary costs type. It can be overwritten in the application. It takes precedence over validation and substitution.

Which of the following statements are applicable to SAP S/4HANA embedded analytics? There are TWO correct answers to this question. It is part of the core SAP S/4HANA license and uses the same technical stack and user interface. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analytics Tools for reporting. It is part of SAP S/4HANA Strategic Analytics tools stack that uses virtual data models for reporting. It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.

Which of the following statements best describe Product Cost by Period? There are Three correct answers to this question. It is used in conjunction with a product cost collector. It is used when the focus of controlling is on a stable and continuous production process. It is used for joint production with process orders. It is used to analyze work in process based on actual costs. Repetitive manufacturing.

Which of the following statements best describes Product Cost by Order? There are TWO correct answers to this question. It is used when full cost traceability is needed. It is used when you perform repetitive manufacturing. It is recommended for products with a long production time. It is used when controlling by individual production lots or discrete quantities is neede.

Which of the following steps are part of the procedure to update the standard price of the material? There are 2 correct answers to this question. Mark the cost estimate. Archive the cost estimates. Release the cost estimate. Split the costs.

Which of the following values can be calculated using results analysis? There are THREE correct answers to this question. Cost of sales. Gross margin. Work in progress. Reserves for unrealized costs. Cost of goods manufactured.

Which order status is relevant for creating work in process (WIP) calculations when you use Product Cost by Order (PCO)?. Delivered. Partially released. Technically completed. Created.

Which parameters are controlled by the costing type in a costing variant? There are TWO correct answers to this question. Costing sheet. Price update. Save with date key. Price for materials.

Which parameters can you enter when you create a costing run? There are THREE correct answers for this question. Valuation variant. Production version. Costing variant. Transfer control. Costing version.

Which process can you use to credit internal orders during period-end closing? Please choose the correct answer. Distribution. Assessment. Periodic reposting. Indirect activity allocation.

Which process determines the target costs of the cost object in a product cost by order scenario? Please choose the correct answer. Accrual calculation. Actual costs calculation. Variance calculation. Work in progress (WIP) calculation.

Which processes belong to the "final costing" of cost objects? There are TWO correct answers to this question. Overhead surcharge. Work in process. Revaluation at actual costs. Variance calculation.

Which receiver must be allowed in the settlement profile of a product cost collector?. Material. Order. Cost center. Business process.

Which scenarios can be covered by the costing run? There are TWO correct answers to this question. Product cost collector cost estimate in one plant. Standard cost estimate of all the materials in all plants of a controlling area. Inventory cost estimate of all the materials in one plant. Current cost estimate of all the materials in all controlling areas.

Which settings can you configure per order type for the budget and availability control? There are FOUR correct answers for this question. Budgeting on cost element level. Budget data entry layout. Budget tolerance limits. Budget manager. Exempt cost elements. Exempt business transactions.

Which statement best describes a cost center standard hierarchy? Please choose the correct answer. It represents an organizational unit in SAP S/4HANA where the costs and revenues are incurred and reported. It enables you to assign the same attributes to similar cost centers within a controlling area. It is grouped together with alternative hierarchies to represent decision control and responsibility units. It is a structure to which all the cost centers within a controlling area are assigned.

Which statement best describes the Query Browser for reporting? Please choose the correct answer. It is a desktop browser that integrates with SAP S/4HANA. It is a design studio app that comes as standard SAP Fiori content. It is a strategic analytical tool in SAP S/4HANA. It is available as an additional license product in SAP S/4HANA.

Which statements are relevant to the periodic accounting method in profitability management? There are TWO correct answers to this question. It aims to match revenues for goods and services against sales-related expenses. It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities. It aims to summarize activity and situational change for a given organizational unit over a period of time. It presents the costs and revenues information in a format that is ideal for conducting margin analyses.

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. Settle the variances to CO-PA. Transfer reserves for realized costs. Perform results analysis. Calculate production variances.

Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?. Account-based only. Costing-based only. Periodic accounting-based. Both account-based and costing-based only.

Which views can you use to analyze the costing results within the costing run tool? There are THREE correct answers for this question. Costing levels report. Material list report. Variance report. Analysis report. Work in progress report.

Why would you use manual cost allocation in Controlling? There are TWO correct answers to this question. To run simple allocations of actual data. To run simple allocations of plan data. To allocate costs using an allocation cycle. To correct secondary postings.

You are configuring internal order settlement. Where do you define which cost elements should be settled, using either the original or settlement cost elements?. Settlement rule. Allocation structure. Settlement profile. Template.

You are considering using commitment management with internal orders. What do you need to do in the configuration? Please choose the correct answer. Activate commitment management only in the controlling area. Activate commitment management only in the order type. Activate commitment management in both the company code and the order type. Activate commitment management in both the controlling area and the order type.

You are executing an indirect activity allocation. What do you post to the sender and receiver?. You post quantity and cost to both the sender and receiver. You post both quantity and cost to the receiver, and cost only to the sender. You post both quantity and cost to the sender, and cost only to the receiver. You post cost only to both the sender and receiver.

You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA? Please choose the correct answer. Reporting on data is available in real-time at every level of detail. Reporting can be either broad and deep for analysis, or speedy and simple, but not both. Reporting on data in real time is difficult, and complex to design. Reporting analytical data is always done in a business warehouse system.

You are posting a purchase order for a warehouse material. From which object is the profit center derived? Please choose the correct answer. Plant. Material master. Cost center. Business partner.

You are setting up a direct internal activity allocation in SAP S/4HANA. What are valid receivers for the activity? There are THREE correct answers to this question. Statistical overhead order. Sales order item. Cost center. General ledger account. Network.

You are setting up costing-based Profitability Analysis for your organization. How do you configure the different market segments? Please choose the correct answer. As divisions. As key figures. As value fields. As characteristics.

You are using availability control in your SAP S/4HANA system. Which documents can cause the system to raise a warning message when the budget was exceeded? There are TWO correct answers for this question. Purchase requisition. Goods issue from order. Outgoing payment. Incoming invoice.

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?. Activity types with actual or plan quantities maintained. Statistically figures with values for the period. Settlement rules with valid receiver objects. Cost accounts with the option to record quantity.

You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? There are THREE correct answers to this question. To permit or forbid specific transactions. To set the initial status as Created or Released. To activate the CO partner update. To define users for the order. To define the user status.

You enter the actual activity quantity for work and vacation in the cross-application time sheet. Which options can you choose in the master data of the activity type to ensure the quantities and values are posted in Management Accounting? There are TWO correct answers for this question. Manual entry, no allocation. Manual entry, manual allocation. Manual entry, indirect allocation. Indirect determination, indirect allocation.

You have activated budget availability control for an internal order and entered an overall budget of 10,000. Actuals of 11,000 were posted for this internal order in the current year. How is that possible? There are TWO correct answers to this question. The difference of 1,000 is within the tolerance limits defined in the configuration. The cost element is exempted from budget availability control. The purchase order has NOT generated a budget document yet. The purchase order was entered in a different year than the budget.

You have implemented Product Cost by Sales Order in conjunction with cost-based POC results analysis in your organization. For a particular sales order item, you have the following: Plan revenue = 3000 Plan costs = 2000 Actual revenue = 1200 Actual costs = 1000 What data does the system calculate during results analysis?. Revenue 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billing) = 300. Revenue 1500; Cost of sales = 1000; Revenue surplus = 300. Revenue 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billing) = 200. Revenue 1500; Cost of sales = 1000; Revenue surplus = 200.

You have implemented Product Cost by Sales Order in conjunction with revenue-based results analysis in your organization. For a particular sales order item, you have the following: Plan revenue = 3000 Plan cost = 2000 Actual revenue = 1200 Actual costs = 1000 What data does the system calculate during results analysis?. Revenue = 1200; Cost of sales = 1000; Reserve = 200. Revenue = 1200; Cost of sales = 800; WIP = 200. Revenue = 1200; Cost of sales = 800; Reserve = 200. Revenue = 1200; Cost of sales = 1000; WIP = 200.

You need to analyze different planning scenarios for cost centers. With which object do you differentiate the planning scenarios? Please choose the correct answer. Company code. CO version. Cost center group. Operating concern.

You need to assign a company code to a controlling area. Which settings must be identical for both organizational objects? There are TWO correct answers to this question. Fiscal year variant. Operational Posting period. Currency. Operational Chart of accounts.

You need to create an additional cost estimate for the same material on the same date. What can you use to differentiate the costs estimates? There are TWO correct answers to this question. Costing version. Valuation variant. Cost component structure. Costing variant.

You perform a settlement with a primary cost account which is different from the cost account you used to post the original expense. Which object is a valid receiver for the settlement? Please choose the correct answer. Fixed asset. WBS element. Internal order. Cost center.

You post a billing document in Sales and Distribution (SD). What data flows to profit center accounting? There are THREE correct answers to this question. Sales deductions. Accruals. Payment discount. Order quantity. Revenues.

You post an expense line in an accounting document and enter an internal order and a cost center as the account assignments. After posting, the system allows you to settle the posted values from the internal order. Which settings do the cost center and internal order have?. Statistical internal order/Statistical cost center. Statistical internal order/Real cost center. Real internal order/Real cost center. Real internal order/Statistical cost center.

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?. All ledgers. The standard ledgers. The leading and extension ledgers. The leading ledger only.

You use a production order with product Cost by period and you entered a result analysis key and variance key. How does the system calculate variances in product Cost by Period?. Variances = Target costs - Delivery value – WIP. Variances = Actual costs - Delivery value. Variances = Target costs - Delivery value. Variances = Actual costs - Delivery value - WIP.

You want to configure different cost centers in your company. Which setting in the cost center master data will you use to assign the same attributes to similar cost centers?. Cost center category. Cost center type. Functional area . Activity type.

You want to create a new standard cost estimate based on the quantity structure of the existing standard cost estimate. Which object do you use?. Costing type. Costing version. Transfer control. Reference variant.

You want to create alternative plan versions for your controlling area, in addition to version 000. What would you use additional CO versions for? There are TWO correct answers for this question. To store different plan data. To store different budget data. To store parallel valuation. To store actual-plan variance.

You want to create cost centers for your company. What is the prerequisite to building an organizational structure for overhead cost controlling? Please choose the correct answer. Cost center categories. Cost center types. Standard hierarchy top node. Functional area.

You want to define requirement levels for users for the authorization check in Profitability Analysis reporting. Which requirement level would you set to enable user access to all the interactive drill down functions?. 2 - Level 2. 0 – ALL. 1 - Level 1. 3 - ALL.

You want to derive the profitability segment for a line in the universal journal using SAP S/4HANA standard configuration. What requirement must be fulfilled? There are TWO correct answers to this question. The type of the corresponding general ledger (G/L account) must be primary cost/revenue or secondary cost. The type of the corresponding general ledger (G/L account) must be balance sheet. Costing-based Profitability Analysis must be active. Account-based profitability must be active.

You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this? There are TWO correct answers to this question. By marking the Relevance to Costing indicator in the operation. By defining a usage key in the header of the routing. By assigning a cost center to the work center in the operation. By marking the cost indicator in the control key assigned to the operation.

You want to enable WIP calculation in Product Cost by Period. What do you need to configure? Please choose the correct answer. Profitability Analysis (PA) transfer structure. Settlement profile. Variance variant. Valuation variant.

You want to maintain a cost component structure. What can you determine for each cost component? There are THREE correct answers to this question. Assignment of cost component to calculation base for overheads in costing sheet. Relevance of cost component to results analysis. Relevance of cost component to goods manufactured. Relevance of cost component to inventory valuation. Assignment of cost component to cost component group.

You want to prevent periodic cost fluctuations. Which activity should you choose to distribute irregular expenses to the relevant periods?. Accrual calculation. Variance calculation. Cost splitting. Periodic reposting.

You want to run an assessment cycle in Profitability Analysis to allocate cost center costs during period-end closing for your organization. Which of the following objects is part of the assessment cycle?. Cycle iteration. PA transfer structure. Template. Tracing factor.

You want to set up budget availability control for your projects and internal orders. What can you check using budget availability control? There are TWO correct answers to this question. The availability of funds in object currency. The availability of funds according to tolerance limits. The availability of funds using overall plan value. The availability of funds on period level.

You want to set up integrated planning for your internal orders. What do you need to do? There are TWO correct answers to this question. Set the relevant indicator in the planning profile of the order type. Set the relevant indicators in the CO version. Set the relevant indicator in the controlling area. Set the relevant indicator in the internal order master record.

You want to settle primary cost elements and secondary cost elements to different receivers. What do you use? Please choose the correct answer. PA transfer structure. Source structure. Overhead structure. Allocation structure.

You want to understand why costs are collected on sales order item level. What do you need to check in the configuration? There are THREE correct answers to this question. Costing type. Requirement class. Account assignment category. Requirement type. Valuation variant.

You want to use a template for activity and process assignment to your material cost estimate. What do you need to do? Please choose the correct answer. Use the template allocation function in the material cost estimate and the costing run. Use the costing sheet of the costing view 1 in the template determination table. Assign a template to an operation in the routing of the material. Assign a template directly to costing view 1 of the material master record.

You want to use a template to consider overhead during product costing. How do you assign the template to your material? Please choose the correct answer. Using a profit center and an overhead key. Using an overhead group and an overhead key. Using a special procurement type and an overhead group. Using an origin group and an overhead group.

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?. Assessment. Distribution. Indirect activity allocation. Periodic reposting.

Your customer defined one distribution cycle in SAP S/4HANA. You need to define a new distribution cycle. How can you ensure the new cycle is executed only after the existing one is completed? Please choose the correct answer. Select iteration in the cycle header of the new cycle. Assign each cycle to a different cycle run group. Select iteration in the cycle header of both cycles. Assign both cycles to the same cycle run group.

Your customer uses account-based CO-PA. Which sales documents create an account-based CO-PA line item for each standard ledger in the universal journal table in SAP S/4HANA 1809? There are TWO correct answers for this question. Billing. Sales order. Goods issue. Goods receipt.

Your customer wants to estimate the profitability of all their plants prior to a period end. Which strategy do you configure in the system to calculate the plant estimation?. Substitution. Derivation. User exit. Valuation.

Mention the four scenarios that can be covered by the costing run.

Where do you integrated Planning?.

Where can you set DO NO COST OPTION? TURN OFF COSTING?.

What Do uou need to transfer to account-based COPA?.