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SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EHP4 Sample Questions:

1. Which of the following are correct descriptions of profit centers? Note: There are 3 correct answers to this question.

A) Profit centers are structured in a standard hierarchy.
B) Profit centers are usually structured in the hierarchy by region, function or product.
C) Profit centers are the basic organizational units of profitability analysis.
D) Profit centers represent an area of responsibility for cost and revenues.
E) Profit centers are sub units of cost centers.

2. Which of the following needs to be activated in the New GL to implement profit center accounting for all costs and revenues? Note: There are 2 correct answers to this question.

A) Scenario profit center update
B) Real-time integration CO/FI
C) Document splitting
D) Scenario segment reporting

3. Which of the following is a typical sequence of steps in a Purchase to Pay process?

A) Purchase requisition -> Purchase order -> Goods receipt -> Invoice verification Payment
B) Purchase requisition -> Goods issue -> Purchase verification -> Invoice receipts Payment
C) Purchase order -> Purchase requisition -> Goods receipt -> Invoice verification Payment
D) Purchase requisition -> Goods verification -> Purchase receipts -> Invoice receipts Payment

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. How can you set up segment reporting in the New GL? Note: There are 2 correct answers to this question.

A) By defining segment master records in the application.
B) By assigning segments in the master record of the cost center.
C) By activating the scenario segment reporting in the customizing.
D) By assigning segments in the master record of the profit center.

Solutions: