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| Section | Objectives |
|---|---|
| Topic 1: Cost Center Accounting | - Allocations (assessment and distribution) - Planning and budgeting - Actual postings and reporting |
| Topic 2: Period-End Closing in Controlling | - Overhead allocation and settlements - Reconciliation and closing activities |
| Topic 3: Profitability Analysis (CO-PA) | - Profitability reporting - Account-based CO-PA and margin analysis |
| Topic 4: Actual Costing and Material Ledger | - Periodic actual costing - Material ledger configuration and usage |
| Topic 5: Internal Orders | - Settlement of internal orders - Order types and planning |
| Topic 6: Product Cost Controlling | - Cost object controlling - Product costing and variance analysis - Material cost estimation |
| Topic 7: Overview of Management Accounting in SAP S/4HANA | - Master data fundamentals (cost centers, profit centers, internal orders) - Organizational structures in Controlling |
| Topic 8: Reporting and Analytics | - SAP Fiori analytical apps for CO - Standard CO reports |
1. What is required before you can create a multi-level material cost estimate without quantity structure?
Response:
A) Specific costing variants for material costings without quantity structure
B) Specific valuation variants for material costings without quantity structure
C) Material master with costing view
D) Material master with accounting view and with MRP views
2. Which objects can you plan in cost center accounting?
There are THREE correct answers for this question
Response:
A) Statistical key figures
B) Activity prices
C) Secondary cost accounts
D) Non-operating expense accounts
E) Balance sheet accounts
3. You use a ledger, an additional standard ledger and an extension ledger. You post a general journal entry without indicating a ledger group.
For which ledger(s) are separate line items posted in the universal journal?
Response:
A) The leading and extension ledgers
B) The leading ledger only
C) All ledgers
D) The standard ledgers
4. Which cost objects can only be controlled by period?
There are TWO correct answers for this question
Response:
A) Production order
B) Cost object hierarchy
C) Product cost collector
D) Process order
5. Which settings can you configure per order type for the budget and availability control?
There are TWO correct answers for this question
Response:
A) Design budget manager
B) Budget data entry layout
C) Budget tolerance limits
D) Budgeting on cost element level
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,C,D | Question # 3 Answer: A | Question # 4 Answer: B,C | Question # 5 Answer: C,D |
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