Prep CO 2 Flashcards by kevin van de merkt

What are the benefits of using valuated sales order stock compared to non-valuated sales order stock? 2 antwoorden

Simplified inventory value determination

Combined quantity and value flow analysis

Production order settlement to sales orderS

Production cost calculation

Simplified inventory value determination

Combined quantity and value flow analysis

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What does the calculation of a condition type in the costing sheet of CO-PA depend on? 2 antwoorden

Condition class

Valuation

Segment

Calculation type

Condition class

Calculation type

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When you create a planning layout, which objects can you use to define the data columns? 3 antwoorden

Distribution key

Formulas

Value fields

Summarization level

Characteristics

Formulas

Value fields

Characteristics

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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?

Network header

Project definition

Dummy profit center

WBS element

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Which of the following statements best describe Product Cost by Period? 2 antwoorden

It is used for joint production with process orders.

It is used in conjunction with a product cost collector.

It is used to analyze work in process based on actual costs.

It is used when the focus of controlling is on a stable and continuous production process.

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.

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Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA?

ACDOCA

COEJ

CE1XXXX

BSEG

ACDOCA

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When trying to assign a profit center to a new cost center, you receive an error. What can cause this error?

The profit center has already been assigned to a different cost center

The validity period of the cost center is shorter than that of the profit center

The validity period of the profit center is shorter than that of the cost center

The lock indicator is activated in the profit center master record

The validity period of the profit center is shorter than that of the cost center

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Which criteria do you use to specify the G/L account for the work in process (WIP) settlement? 3 antwoorden

Results analysis method

Results analysis cost element

Results analysis category

Results analysis profit center

Results analysis version

Results analysis cost element

Results analysis category

Results analysis version

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Which process determines the target costs of the cost object in a product cost by order scenario?

Accrual calculation

Work in progress (WIP) calculation

Actual costs calculation

Variance calculation

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For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA?

Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.

Parallel accounting is needed in order to be compliant with different accounting principles.

Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation.

Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.

Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation.

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Which of the following objects can be selected in templates for activity-based costing? 2 antwoorden

WBS element

Cost center/activity type

Business process

Internal order

Cost center/activity type

Business process

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What tasks are performed by the system during activity allocation? 2 antwoorden

The cost element is derived from the master data for the activity type

The allocation amount is calculated based on the quantity and price of the activity

The sender cost object is debited and the receiver cost object is credited

A primary costs G/L account is used for debiting and crediting

The cost element is derived from the master data for the activity type

The allocation amount is calculated based on the quantity and price of the activity

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When do you use an assessment instead of a distribution? 2 antwoorden

When you want to consolidate allocated expenses

When you need the option to reverse the cycle as often as required

When you need to transfer secondary costs

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

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To which object do you assign a costing sheet?

Valuation variant

Costing variant

Cost component structure

Transfer control

Valuation variant

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In a standard system delivery, how many characteristics can be added to an operating concern?

101-150

71-100

Over 150

0-70

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What can you define for a user status in the status profile?

The business user IDs authorized to change the user status

The versions for which you can enter plan data

The order types for which a user status is valid

The assigned user status after a business transaction is executed

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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 version

Transfer control

Costing type

Reference variant

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Which of the following controls can you set when you determine a characteristic derivation? 3 antwoorden

Valuation calculation

Display authority

Overwriting authority

System response when unsuccessful

Conditions for execution

Overwriting authority

Conditions for execution

System response when unsuccessful

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What are some of the characteristics of internal order planning? 2 antwoorden

Tolerance limits are defined.

Availability control is checked.

Multiple versions are allowed.

Costs are entered.

Multiple versions are allowed.

Costs are entered.

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How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?

By defining the characteristic value as a value field

By defining the characteristic value in the field catalog

By defining the characteristic value as a key figure

By defining the characteristic value in the check table

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At which level do you define the valuation method for results analysis?

Controlling area

Company code

Sales organization

Operating concern

Controlling area

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Which views can you use to analyze the costing results within the costing run tool? 3 antwoorden

Analysis report

Material list report

Costing levels report

Variance report

Work in progress report

Analysis report

Material list report

Costing levels report

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Which statement best describes a cost center standard hierarchy?

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

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 enables you to assign the same attributes to similar cost centers within a controlling area.

It is a structure to which all the cost centers within a controlling area are assigned.

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What master data objects can you set up using time-based fields? 2 antwoorden

Standard hierarchies

Activity types

Cost centers

Statistical key figures

Cost centers

Activity types

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Which of the following statements are applicable to SAP S/4HANA embedded analytics? 2 antwoorden It uses core data services (CDS) views to create virtual data models (VDMs) for reporting. 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 is part of the core SAP S/4HANA license and uses the same technical stack and user interface. It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.

It uses core data services (CDS) views to create virtual data models (VDMs) for reporting. 3 antwoorden Costing version Production version Transfer control Valuation variant Costing variant

Costing version Transfer control Costing variant

You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? 3 antwoorden To set the initial status as Created or Released To activate the CO partner update To define users for the order To permit or forbid specific transactions To define the user status

To set the initial status as Created or Released To permit or forbid specific transactions To define the user status

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

Transfer structure

When do you select the percentage method for accrual calculation? 2 antwoorden When you accrue activity-independent costs and an appropriate cost element is NOT available When you accrue-dependent 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 activity-independent costs and an appropriate cost element for defining overhead rates is 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 for defining overhead rates is available

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

CO version

You are setting up a direct internal activity allocation in SAP S/4HANA. What are valid receivers for the activity? 3 antwoorden Network General ledger account Statistical overhead order Sales order item Cost center

Network Sales order item Cost center

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

Standard hierarchy top node

You want to create alternative plan versions for your controlling area, in addition to version 000. What would you use additional CO versions for? 2 antwoorden To store different plan data To store different budget data To store actual-plan variance To store parallel valuation

To store actual-plan variance To store parallel valuation

What do you need to define in order to report variable costs that refer to the cost component split in account-based CO-PA? 2 antwoorden A cost splitting profile A variable cost field in ACDOCA A price difference profile A calculation formula

A cost splitting profile A variable cost field in ACDOCA

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

Source structure

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

One-to-many (1:N)

What is the difference when you perform repost line items (TA: KB61) compared to manual reposting of costs (KB11n) for a cost center? 2 antwoorden The line item values are validated against the original document The line item needs a reference to an FI document 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 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

Which objects can you plan in cost center accounting? 3 antwoorden Non-operating expense accounts Balance sheet accounts Secondary cost accounts Activity prices Statistical key figures

Non-operating expense accounts Secondary cost accounts Statistical key figures

Which of the following are typical activities of the sales planning phase in SAP S/4HANA? 2 antwoorden Top-down distribution Manual entry of data Bottom-up distribution Transfer of GL account data

Manual entry of data Transfer of GL account data

What do you do to create a primary cost component split? 2 antwoorden Assign a cost component structure to the CO-version Run an activity price calculation Use the cost splitting tool on cost centers Enter split activity prices manuall

Assign a cost component structure to the CO-version Run an activity price calculation

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

Transfer structure

How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis? By defining the characteristic value as a value field By defining the characteristic value as a key figure By defining the characteristic value in the check table By defining the characteristic value in the field catalog

By defining the characteristic value in the check table

Where do you activate commitment management for internal orders? 2 antwoorden In the company code In the budget profile In the order type In the controlling area

In the controlling area In the order type

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

Transfer control

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? Copying groups with suffix Creating multi-dimension sets Defining flexible hierarchies Configuring derivation rules

Defining flexible hierarchies

What are some of the characteristics of Profit Center Accounting in SAP S/4HANA? 2 antwoorden It is integrated in the universal journal. It can be used in the settlement rule for internal orders. 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 is integrated in the universal journal. It can be used with period and/or cost of sales accounting.

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

Budget profile assigned to the order

Which of the following objects can be selected in templates for activity-based costing? 2 antwoorden Business process WBS element Internal order Cost center/activity type

Cost center/activity type Business process

What can you specify when you create an activity type? 3 antwoorden The secondary costs G/L account for internal activity allocation The primary costs G/L account for internal activity allocation The valid receiving cost center types The valid sending cost center types The activity type category for allocation

The secondary costs G/L account for internal activity allocation The valid sending cost center types The activity type category for allocation

What does the internal order settlement profile define? 3 antwoorden The valid receivers Whether commitment management is necessary The template allocation Whether settlement is necessary The accounting document type

The valid receivers Whether settlement is necessary The accounting document type

What do you get if you mark a standard price cost estimate? 2 antwoorden An accounting document for material ledger A cost-based CO-PA document for material revaluation A new status in the cost estimate A future standard price

A new status in the cost estimate A future standard price

Which criteria do you use to specify the G/L account for the work in process (WIP) settlement? 3 antwoorden Results analysis cost element Results analysis method Results analysis profit center Results analysis category Results analysis version

Results analysis cost element Results analysis category Results analysis version

Where can you adjust the automatic account assignment? 2 antwoorden Substitution (TA: GGB1) G/L account (TA: FS00) Cost center (TA: KS01) Default account assignment (TA: OKB9)

Substitution (TA: GGB1) Default account assignment (TA: OKB9)

How can you configure cycles for period-end allocation? 2 antwoorden Define allocation for the same cost center in multiple segments Use different allocation rules within one segment Create cycles that iterate with each other Assign several segments to a cycle

Define allocation for the same cost center in multiple segments Assign several segments to a cycle

What do you do to create a primary cost component split? 2 anwoorden Use the cost splitting tool on cost centers Run an activity price calculation Assign a cost component structure to the CO-version Enter split activity prices manually

Run an activity price calculation Assign a cost component structure to the CO-version

For which objects can you revaluate activities and business processes at actual prices? 3 antwoorden Profit centers Work centers Profitability segments Cost centers Work breakdown structure elements

Profitability segments Cost centers Work breakdown structure elements

To which object do you assign a costing sheet? Costing variant Cost component structure Transfer control Valuation variant

Valuation variant

What master data objects can you set up using time-based fields? 2 antwoorden Cost centers Activity types Statistical key figures Standard hierarchies

Cost centers Activity types

When do you use an assessment instead of a distribution? 2 antwoorden When you need to transfer secondary costs When you want to consolidate allocated expenses When you need the option to reverse the cycle as often as required When you want to view the original cost elements on the receiver

When you need to transfer secondary costs When you want to consolidate allocated expenses

At which level can you assign a valuation strategy in CO-PA? 2 antwoorden Point of valuation Sales order type Record type Costing key

Record type Point of valuation

Which functionalities can create primary cost component splits? 2 antwoorden Settlement of internal orders Business processes price calculation Execution of the assessment cycles Cost center/activity type price calculation

Settlement of internal orders Execution of the assessment cycles

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

Material master

Which of the following statements are applicable to SAP S/4HANA embedded analytics? 2 antwoorden It is part of SAP S/4HANA Strategic Analytics tools stack that uses virtual data models for reporting. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analytics Tools for reporting. It uses core data services (CDS) views to create virtual data models (VDMs) for reporting. It is part of the core SAP S/4HANA license and uses the same technical stack and user interface.

It uses core data services (CDS) views to create virtual data models (VDMs) for reporting. It is part of the core SAP S/4HANA license and uses the same technical stack and user interface.

Which tasks can you perform on a production order in a make-to-order scenario with valuated stock? 2 antwoorden Perform results analysis Calculate production variances Transfer reserves for realized costs Settle the variances to CO-PA

Settle the variances to CO-PA Calculate production variances

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

Transfer structure

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? 2 antwoorden Goods receipt Billing Sales order Goods issue

Billing Goods issue

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

Variance calculation

You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? 3 antwoorden To set the initial status as Created or Released To activate the CO partner update To define the user status To permit or forbid specific transactions To define users for the order

To set the initial status as Created or Released To define the user status To permit or forbid specific transactions

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

Source structure

In SAP S/4HANA, you have 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? Source structure PA transfer structure Cost component structure allocation structure

PA transfer structure

Prep CO 2 Flashcards

(70 cards)