Term
You’ve been asked to provide an explanation of some of the organizational levels in SAP ERP. Which of the following statements will you say is true?
(1 answer) |
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Definition
| - A plant must be allocated to a company code |
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Term
A client has asked you to explain the use of currencies in SAP ERP Management Accounting. What currencies will you say can be used in management accounting?
(3 answers) |
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Definition
- Transaction
- Object currency
- Controlling area |
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Term
You are about to create a statistical key figure to help with the distribution of costs in SAP ERP Management Accounting. What are examples of fixed (Type 1) statistical figures?
(2 answers) |
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Definition
- Square footage of a building
- Kilowatt hour used |
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Term
You are currently working on cost center planning in SAP ERP Management Accounting. Which of the following can serve as inputs to cost center planning?
(3 answers) |
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Definition
- manual entries
- formulas
- HCM planning |
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Term
5. One of the greatest benefits of SAP ERP Management Accounting is the Integrated Planning Process. Your colleagues have asked you to help explain this process. Which one of the following will you say is not a step in the integrated planning process?
(1 answer) |
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Definition
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Term
You are preparing an assessment in SAP ERP Management Accounting. Which type of cost element is used to perform an assessment?
(1 answer) |
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Definition
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Term
An Internal Order is an extremely flexible tool in SAP ERP Management Accounting that can be used for a wide variety of purposes to track costs and, in some cases revenues, within a controlling area. Which of the following order types are internal orders?
(2 answers) |
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Definition
- Result analysis orders for posting accrual costs in CO
- Capital investment orders for creating assets |
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Term
You want to plan costs on internal orders in SAP ERP Management Accounting. Which of the following options are available to you to plan costs on internal orders?
(3 answers) |
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Definition
- Unit costing
- Primary and secondary costs
- Overall planning |
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Term
Your colleagues have asked you assistance in explaining product cost controlling in SAP ERP Management Accounting. You begin by explaining the different components of product cost controlling. Which of the following will you say are components of product cost controlling?
(3 answers) |
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Definition
- Product cost planning
- Cost object controlling
- Actual costing/material ledger |
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Term
| You are updating the standard price of a material. Which of the following actions must be performed to successfully update the standard price? (3 answers) |
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Definition
- Analyze the costs
- Marking
- Releasing |
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Term
What is the standard cost estimate used for?
(2 answers) |
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Definition
- Variance calculation
- In CO-PA for cost of sales calculations |
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Term
What is true of activity types?
(2 answers) |
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Definition
- The rates charged for activity types can be entered manually
- DAA requires both a rate and quantity |
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Term
What type of cost element do you use when passing costs from a sender to receivers utilizing an assessment?
(CATA - 2 answers) |
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Definition
- Secondary Cost Elements
- Primary Cost Elements |
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Term
True statements regarding Profit Center Accounting.
(3 answers) |
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Definition
- is concern about profitability within functional areas of the company
- deals iwth statistical postings
- can have Profit and Loss statements as well as balance sheet statements |
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Term
Which controlling component is tasked with assimilating costs that cannot be directly assigned to the goods and services of a company:
(1 answer) |
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Definition
| Overhead Cost Controlling |
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Term
Which Organizational Structure is required if you want to use Profitability Analysis:
(1 answer) |
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Definition
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Term
True statements about Primary Cost Elements and Secondary Cost Elements.
(3 answers) |
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Definition
- A primary cost elements maintains its idenity thoughout the Controlling process
- Primary Cost Elements must have an equivalent structure on the FI side
- Deal primarily with Expenses and Revenues |
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Term
| What is a Statistical Key Figure? |
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Definition
| provide information on non-monetary data for profit centers, such as the number of employees, number of machines, capacity usage, market information, and so on |
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Term
What are some types of Internal Orders?
(3 answers) |
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Definition
- Orders with Revenues
- Investment Orders
- Overhead Cost Orders |
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Term
What items are used in evaluating Profitability Segment?
(2 answers) |
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Definition
- Value Fields (key figures)
- Characteristics |
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Term
What are some examples of Periodic Allocation techniques?
(5 answers - all) |
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Definition
- assessments
- distribution
- periodic reposting
- indirect activity allocaiton
- template allocation |
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Term
Profit centers can be assigned Balance Sheet Items.
(True/False) |
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Definition
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Term
| What are Key Figures in Profitability Analysis? |
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Definition
- Cost of Goods Sold
- Revenue |
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Term
True statements regarding Product Cost Planning.
(3 answers) |
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Definition
- creates cost estimates
- references prices from the material master
-helps identify variances in product costs |
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Term
What piece of master data do we use to capture costs in Mangement Accounting?
(1 answer) |
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Definition
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