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| Section | Objectives |
|---|---|
| Topic 1: Cost Element Accounting | - Configure and interpret cost element types - Integration with Financial Accounting |
| Topic 2: Cost Center Accounting | - Perform planning and allocations for cost centers - Define and create cost centers and hierarchies |
| Topic 3: Internal Orders | - Commitment and actual postings and settlement - Configure internal order types and attributes |
| Topic 4: Reporting and Integration | - Generate CO reports (cost center, internal orders, etc.) - Understand integration with FI and other SAP modules |
| Topic 5: Organizational Structure in Management Accounting | - Define and describe Controlling area and assignment - Understand organisational levels relevant for CO processes |
| Topic 6: Product Cost Controlling | - Understand integration with material valuation - Analyze variances for cost objects |
| Topic 7: Profitability Analysis (CO-PA) | - Define characteristics and value fields - Configure costing based CO-PA |
1. How can you use resource related billing for sales order items?
A) Use Easy Cost Planning and Execution Services.
B) Assign production orders with BOMs and routings.
C) Use a Requirement class with an indicator set for resource related billing.
D) Assign Dynamic Item Processor (DIP) profiles.
2. You have posted the results of an assessment cycle run, but some of the assigned receivers were incorrect.
How can you correct this?
A) Correct the receiver entries and rerun the cycle with a different cycle run group to post only the corrected results to the first run
B) Cancel the allocation with the original settings before you correct the receiver entries and rerun the cycle
C) Post a manual cost allocation with the same assessment cost element
D) Correct the receiver entries and rerun the cycle. The original run will be canceled automatically
3. Your New GL customer uses real-time reconciliation of CO and FI. The customer wants to show the value flow of activity allocations between cost centers assigned to different profit centers. What does the customer have to configure? Note: There are 2 correct answers to this question.
A) Carry out a reconciliation run for activities types in the new GL.
B) Define a G/L reconciliation account for direct activity allocation.
C) Select profit center as a characteristic for real time reconciliation between CO and FI.
D) Execute the periodic transfer to profit center accounting.
4. What is a report group in Report Painter required for?
A) To serve as a template for the creation of new Report Painter reports.
B) To run reports in costing based profitability analysis.
C) To assign further reports via the report/report interface.
D) To add a report as a sub folder in the Easy Access Menu.
5. A customer wants to allocate internal and external costs, based on statistical key figure values, to the receivers. Which method do you choose?
A) Assessment
B) Settlement
C) Overhead calculation
D) Distribution
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: B,C | Question # 4 Answer: C | Question # 5 Answer: A |
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