80q Erp Prep Co 2nd Exam

4/15/2020 SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates - Full | ERPPrep
SAP Certified Application Associate - SAP S/4HANA for

Management Accounting Associates - Full
You got 58 of 72 possible points.

Your score was: 81 %
Question Results
Question: Score 1 of 1
On which organizational level do you maintain profit center accounting in SAP

S/4HANA?
Response:
Financial statement version
Controlling area
Operating concern
Company code
Which of the following objects can be selected in templates for activity-based

costing?
There are 2 correct answers to this question.
Response:
WBS element
Cost center/activity type
Internal order
Business process
https://www.erpprep.com/node/16254/myresults/1515616 1/28
For which revenue-carrying cost objects does the system perform results
analysis?
Response:
Internal order
Business processes
Work breakdown structure
Cost center
Customer service orders
Which customizing activity do you perform in overhead cost controlling?
Response:
Create value fields
Define company centers categories
Maintain costing variant parameters
Define cost center categories
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:
Creating multi-dimension sets
Defining flexible hierarchies
Copying groups with suffix
Configuring derivation rules
When you create a profit center, what company code(s) is it assigned to by

default?
Please choose the correct answer.
Response:
All company codes within the operating concern
All company codes within the controlling area
All company codes, irrespective of controlling area
All company codes where profit center is activated
In which module do you process profit center allocations in SAP S/4HANA?

Response:
Profit Center Accounting
General Ledger Accounting
Cost Center Accounting
Product Cost Accounting
Which statement best describes a cost center standard hierarchy?

Response:
It represents an organizational unit in SAP S/4HANA where the costs and revenues
are incurred and reported.
It is a structure to which all the cost centers within a controlling area are assigned.
It is grouped together with alternative hierarchies to represent decision control and

responsibility units.
It enables you to assign the same attributes to similar cost centers within a
controlling area.
You want to set up integrated planning for your internal orders. What do you
need to do?
Response:
Set the relevant indicator in the controlling area.
Set the relevant indicators in the CO version.
Set the relevant indicator in the planning profile of the order type.
Set the relevant indicator in the internal order master record.
You want to create cost centers for your company. What is the prerequisite to
building an organizational structure for overhead cost controlling?
Response:
Functional area
Cost center categories
Cost center types
Standard hierarchy top node
You want to use a template to consider overhead during product costing. How do
you assign the template to your material?
Response:
Using a special procurement type and an overhead group
Using an overhead group and an overhead key
Using an origin group and an overhead group
Using a profit center and an overhead key
Why would you use manual cost allocation in Controlling?

Response:
To correct secondary postings
To allocate costs using an allocation cycle
To run simple allocations of plan data
To run simple allocations of actual data
Which characteristic controls the eligible cost element categories for G/L
accounts in SAP S/4HANA?
Response:
Field status group
Account type
Account currency
Account group
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?
Response:
Reporting on data is available in real-time at every level of detail.
Reporting analytical data is always done in a business warehouse system.
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.
What values flow from Sales and Distribution billing to costing-based

Profitability Analysis?
Response:
Sales deductions
Revenue
Maintenance overhead costs
Accrued production overhead
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?

Please choose the correct answer
Response:
Template
PA transfer structure
Tracing factor
Cycle iteration
Which default values can you configure for the product cost collector?
Response:
Results Analysis (RA) key
Costing variant for preliminary costing
Results Analysis (RA) version
Variance variant
In the Product Cost by Order component, what does the system calculate
depending on the order status?
Response:
WIP at actual costs or variances
WIP at planned costs or variances
Both WIP and variances or only variances
WIP at target costs or variances
What must the referenced cost estimate and the receiving cost estimate have in
common?
Response:
The quantity structure
The company codes
The plant
The cost component structure
Which activities can you perform while you create cost center hierarchies?
Response:
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.
Reassign a cost center to another node of the standard hierarchy.
You need to assign a company code to a controlling area. Which settings must be
identical for both organizational objects?
Response:
Operational Posting period
Fiscal year variant
Currency
Operational Chart of accounts
Which objects do you use when you assign costs and revenue to the value fields
in costing-based CO-PA?
Response:
Transfer structure
Overhead group
Allocation structure
Allocation template
Which functionalities can create primary cost component splits?

Response:
Cost center/activity type price calculation
Execution of the assessment cycles
Settlement of internal orders
Business processes price calculation
A profit center standard hierarchy contains all profit centers that are assigned to
which organizational unit?
Response:
Plant
Operating concern
Client
Controlling area
How does the system derive the requirement type from the material master
data?
Response:
MRP group -> strategy group -> planning strategy -> requirements type
Strategy group -> planning strategy -> requirements class -> requirements type
MRP group requirements class -> planning strategy -> requirements type
Strategy group -> planning strategy -> requirements type
Which process determines the target costs of the cost object in a product cost by
order scenario?
Response:
Work in progress (WIP) calculation
Variance calculation
Accrual calculation
Actual costs calculation
You want to set up budget availability control for your projects and internal
orders. What can you check using budget availability control?
There are 2 correct answers to this question
Response:
The availability of funds according to tolerance limits
The availability of funds in object currency
The availability of funds on period level
The availability of funds using overall plan value
Which receiver must be allowed in the settlement profile of a product cost

collector?
Response:
Material
Business process
Cost center
Order
How can you configure cycles for period-end allocation?

There are TWO correct answers for this question
Response:
Define allocation for the same cost center in multiple segments
Create cycles that iterate with each other
Assign several segments to a cycle
Use different allocation rules within one segment
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 costs = 2000
- Actual revenue = 1200
- Actual costs = 1000
What data does the system calculate during results analysis?

Response:
Revenue = 1200; Cost of sales = 800; Reserve = 200
Revenue = 1200; Cost of sales = 1000; WIP = 200
Revenue = 1200; Cost of sales = 1000; Reserve = 200
Revenue = 1200; Cost of sales = 800; WIP = 200
Which costs exist in SAP S/4HANA?

Response:
Primary costs with G/L account
Secondary costs without G/L account
Primary costs without G/L account
Secondary costs with G/L account
What are some of the characteristics of SAP Core Data Services (CDS) views?
Response:
CDS views have no latency.
CDS views are considered system modifications.
CDS views support authorizations.
CDS views duplicate data for reporting efficiencies.
CDS views have ready-to-use content.
Which parameters are controlled by the costing type in a costing variant?

Response:
Save with date key
Costing sheet
Price for materials
Price updates
How can you populate local variables in Profitability Analysis reports?

Response:
By Business Add-In
By user exit
By populating from user parameters
By user entry during report execution
What are some of the characteristics of Profit Center Accounting in SAP

S/4HANA?
Response:
It is possible to derive the profit center from the segment in configuration.
It can be used with period and/or cost of sales accounting.
It can be used in the settlement rule for internal orders.
It is integrated in the universal journal.
To which objects do you settle values of the results analysis?

Response:
Cost center
Profit center
Profitability segment
Segment
In which SAP S/4HANA components can you report the results of the results
analysis?
Response:
Financial accounting
Profitability analysis
Profit center accounting
Sales and distribution
Inventory management
You define rules in a status profile and assign the profile to your internal order
type. What do you use the status profile for?
Response:
To permit or forbid specific transactions
To set the initial status as Created or Released
To activate the CO partner update
To define the user status
To define users for the order
You want to maintain a cost component structure. What can you determine for
each cost component?
There are 3 correct answers to this question
Response:
Relevance of cost component to results analysis
Assignment of cost component to calculation base for overheads in costing sheet
Relevance of cost component to inventory valuation
Assignment of cost component to cost component group
Relevance of cost component to goods manufactured
What are some of the objectives of Profitability Analysis?

Response:
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.
Allow the company to determine standard costs and revenues according to the
period accounting method.
Provide the company with information on the performance of its market segments.
You want to understand why costs are collected on sales order item level. What
do you need to check in the configuration?
Response:
Requirement type
Requirements class
Valuation variant
Costing type
Account assignment category
What does the internal order settlement profile define?

There are THREE correct answers for this question
Response:
The valid receivers
The template allocation
The accounting document type
Whether commitment management is necessary
Whether settlement is necessary
Which statement best describes the Query Browser for reporting?

Response:
It is a strategic analytical tool in SAP S/4HANA.
It is available as an additional license product in SAP S/4HANA.
It is a design studio app that comes as standard SAP Fiori content.
It is a desktop browser that integrates with SAP S/4HANA.
Which of the following are typical activities of the sales planning phase in SAP
S/4HANA?
Response:
Manual entry of data
Bottom-up distribution
Transfer of GL account data
Top-down distribution
Which of the following statements best describe Product Cost by Order?

Response:
It is used when controlling by individual production lots or discrete quantities is

needed.
It is recommended for products with a long production time.
It is used when you perform repetitive manufacturing.
It is used when full cost traceability is needed.
Which of the following controls can you set when you determine a characteristic
derivation?
Response:
Conditions for execution
System response when unsuccessful
Display authority
Valuation calculation
Overwriting authority
Which controls can you set when you determine a characteristic derivation?
Response:
Display authority
Conditions for execution
Valuation calculation
System response when unsuccessful
Overwriting authority
What do you use to map the primary cost component split to the production cost
component structure?
Response:
Transfer structure
Assignment scheme
Cost Component groups
Allocation structure
Which object can you select for reporting in costing-based Profitability Analysis,
and NOT in account-based Profitability Analysis?
Response:
Cost element
Company code
Period/year
Record type
Which parameters can you enter when you create a costing run?
Response:
Transfer control
Costing version
Costing variant
Valuation variant
Production version
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?
Response:
Dummy profit center
WBS element
Network header
Project definition
You want to enable WIP calculation in Product Cost by Period. What do you need
to configure?
Response:
Valuation variant
Variance variant
Settlement profile
Profitability Analysis (PA) transfer structure
Which currency types can you use for costing-based CO-PA?

Response:
Operating concern currency
Controlling area currency
Group currency
Company code currency
At what level do you create the structure of the operating concern?

Response:
Controlling area level
Company code level
Client level
Sales organization level
You want to determine which operations of the routing should be considered in a

product cost calculation. How do you do this?
Response:
By marking the cost indicator in the control key assigned to the operation
By assigning a cost center to the work center in the operation
By marking the Relevance to Costing indicator in the operation
By defining a usage key in the header of the routing
Where can you find actual transaction data of account-based CO-PA in SAP
S/4HANA?
Response:
BSEG
CE1XXXX
COEJ
ACDOCA
Where can you adjust the automatic account assignment?

Response:
Substitution (TA: GGB1)
Cost center (TA: KS01)
Default account assignment (TA: OKB9)
G/L account (TA: FS00)
Which are levels of internal order planning?

Response:
Integrated planning
Primary and secondary cost and revenue planning
Group costing
Overall planning
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 drilldown functions?
Please choose the correct answer
Response:
1 - Level 1
3 - ALL
2 - Level 2
0 - ALL
For which objects can you revaluate activities and business processes at actual
prices?
Response:
Profitability segments
Profit centers
Work centers
Cost centers
Work breakdown structure elements
Which object controls the tiles a business user can assign to their SAP Fiori
launchpad?
Response:
App library
Tile catalog
Tile group
App finder
You have activated budget availability control for an internal order and entered
an overall budget of 10000. Actuals of 10000 were posted for this internal order
in the current year.
How is that possible?

Response:
The purchase order was entered in a different year than the budget.
The purchase order has NOT generated a budget document yet.
The cost element is exempted from budget availability control
The difference of 1000 is within the tolerance limits defined in the configuration.
Which customizing do you use for calculating work in progress (WIP)?

Response:
Settlement profile table
Assignment table
Allocation structure table
Posting rule table
Update table
Which object can you configure t offset overhead surcharges for a cost object?
Response:
Cost center
Profit center
Internal order
Business process
Profitability segment
Which of the following values can be calculated using results analysis?

Response:
Cost of sales
Gross margin
Cost of goods manufactured
Work in progress
Reserves for unrealized costs
Which are mandatory attributes, when you create an operating concern with
costing-based and account-based CO-PA?
Response:
Fiscal year variant
Company code currency in costing-based CO-PA

Second period type
Operating Concern Currency
Which of the following statements are applicable to automatic account

assignment in SAP S/4HANA?
Response:
It can be overwritten in the application.
It can be defined for postings on general ledger accounts of secondary costs type.
It can be defined for postings on general ledger accounts of primary costs type.
It takes precedence over validation and substitution.
You want to create alternative plan versions for your controlling area, in
addition to version 000. What would you use additional CO versions for?
Response:
To store different plan data
To store different budget data
To store parallel valuation
To store actual-plan variance
You use a production order with Product Cost by Period and you entered a
results analysis key and variance key. How does the system calculate variances
in Product Cost by Period?

Response:
Variances = Actual costs - Delivery value - WIP
Variances = Target costs - Delivery value
Variances = Actual costs - Delivery value
Variances = Target costs - Delivery value - WIP
What can you use to difference two or more cost estimates for the same
material?
Response:
Valuation variant
Transfer control
Costing version
Costing variant
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?

Response:
Statistical internal order

Real cost center
Real internal order

Statistical cost center
Real internal order

Real cost center
Statistical internal order

Statistical cost center
Which object do you configure to reuse material cost estimate for the costing
process?
Response:
Quantity structure control
Valuation variant
Group costing
Transfer control
Money Back Guarantee Testimonial FAQs Privacy Policy Terms and Conditions About Us Join Us
Contact Us

80q Erp Prep Co 2nd Exam

Uploaded by

Copyright:

Available Formats

You might also like

80q Erp Prep Co 2nd Exam

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

80q Erp Prep Co 2nd Exam

Uploaded by

Copyright:

Available Formats

4/15/2020 SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates - Full | ERPPrep

SAP Certified Application Associate - SAP S/4HANA for

You got 58 of 72 possible points.

On which organizational level do you maintain profit center accounting in SAP

Financial statement version

Which of the following objects can be selected in templates for activity-based

Cost center/activity type

Work breakdown structure

Customer service orders

Which customizing activity do you perform in overhead cost controlling?

Create value fields

Define company centers categories

Maintain costing variant parameters

Define cost center categories

In your company, you tend to go through many reorganizations leading to extra

Creating multi-dimension sets

Defining flexible hierarchies

Copying groups with suffix

Configuring derivation rules

When you create a profit center, what company code(s) is it assigned to by

All company codes within the operating concern

All company codes within the controlling area

All company codes, irrespective of controlling area

All company codes where profit center is activated

In which module do you process profit center allocations in SAP S/4HANA?

Profit Center Accounting

General Ledger Accounting

Cost Center Accounting

Product Cost Accounting

Which statement best describes a cost center standard hierarchy?

It is grouped together with alternative hierarchies to represent decision control and

Set the relevant indicator in the controlling area.

Set the relevant indicators in the CO version.

Set the relevant indicator in the internal order master record.

Cost center categories

Cost center types

Standard hierarchy top node

Using a special procurement type and an overhead group

Using an overhead group and an overhead key

Using an origin group and an overhead group

Using a profit center and an overhead key

Why would you use manual cost allocation in Controlling?

To correct secondary postings

To allocate costs using an allocation cycle

To run simple allocations of plan data

To run simple allocations of actual data

Field status group

Reporting on data is available in real-time at every level of detail.

Reporting analytical data is always done in a business warehouse system.

Reporting on data in real time is difficult, and complex to design.

What values flow from Sales and Distribution billing to costing-based

Maintenance overhead costs

Accrued production overhead

You want to run an assessment cycle in Profitability Analysis to allocate cost

Which of the following objects is part of the assessment cycle?

Results Analysis (RA) key

Costing variant for preliminary costing