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| Section | Objectives |
|---|---|
| Profitability Analysis and Profit Center Accounting | - Profitability reporting - Profit center structure and assignments |
| Overhead Cost Controlling | - Cost element accounting - Activity-based costing basics |
| Overview of Management Accounting (CO) | - Integration with Financial Accounting (FI) - Organizational structure in CO |
| Product Cost Controlling | - Cost object controlling - Cost estimation and variance analysis |
| Cost Center Accounting | - Planning and budgeting - Actual postings and allocations - Reporting and analysis |
| Internal Orders | - Settlement processes - Order creation and management |
1. 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) Overhead calculation
C) Settlement
D) Distribution
2. Where do you determine the price finding strategy for material costing?
A) Price control
B) Valuation class
C) Valuation variant
D) Price determination
3. What is the prerequisite for sales order controlling?
A) A product cost collector must be assigned to the sales order item.
B) A valuated customer order special stock must be assigned to the sales order item.
C) The cost object of the sales order item must be created manually in the sales order.
D) The sales order item must have a cost object assigned by a requirement class.
4. Which of the following data do you specify in the definition of costing-based CO-PA? Note:
There are 2 correct answers to this question.
A) Controlling area
B) Results analysis methods
C) Operating concern currency
D) Characteristics and value fields
E) Chart of accounts
5. You have posted the results of an assessment cycle run, but some of the assigned receivers were incorrect.
How can you correct this?
A) Cancel the allocation with the original settings before you correct the receiver entries and rerun the cycle
B) Correct the receiver entries and rerun the cycle. The original run will be canceled automatically
C) Correct the receiver entries and rerun the cycle with a different cycle run group to post only the corrected results to the first run
D) Post a manual cost allocation with the same assessment cost element
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: C,D | Question # 5 Answer: B |
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