1. Consider the following statements:
1.1. Secondary cost elements
area used in production that are produced from outside the
company.
1.2. Cost elements are indicators,
used as a basis for allocations and for performing key figure
analysis.
1.3. Cost centers are the organizational
units that incur and influence costs.
Which of the above sentences
is true (Please choose the correct option)?
a) 1.1.
b) 1.2.
c) 1.3.
d) all of them.
e) none of them.
2. What can you say about the standard hierarchy (Please choose the correct option)?
a) It is the top of a Profit Center
group, which all Cost Centers/Profit Centers may be assigned.
b) This is a representation of
the board directors cost center.
c) It can be defined after creating
cost centers.
d) It must be defined before creating
cost centers.
e) Its name is defined after creating
controlling area and it must follow certain SAP standard rules, as having
the same name of the Controlling Area.
3. "During a fiscal year, you can only change the assignments of the organizational units company code, business area or profit center to a cost center if:
3.1. The currency of the new company code is the same as the currency of the old company code.
3.2. You have only posted planning data in the fiscal year.
3.3. The cost center is not assigned
to a fixed asset, work center or HR master record.
Which of the above sentences
are false (Please choose the correct option)?
a) 3.1 and 3.2. are correct.
b) 3.2 and 3.3. are correct.
c) 3.1 and 3.3. are correct.
d) 3.1, 3.2 and 3.3 are correct.
e) none of them.
4. Define Cost Center Category (Please choose the correct option).
a) It is allowed for only one cost
center master data.
b) It is a CO object where costs
are incurred.
c) It is an indicator in the cost
center master data, which specifies the category for the cost center.
d) It is an indicator in the controlling
area, which specifies what kinds of cost center can be entered.
e) It is an indicator in the chart
of accounts, which specifies the category for the cost center.
5. Define Primary Cost Element (Please choose the correct option).
a) It is the object in CO module
that correspond to the expense and revenue accounts in FI module.
b) It is the object in CO module
that are used to record internal value flows like activity allocation,
assessments and settlements.
c) It is the object in CO module
that are used exclusively to identify internal cost flows and records revenues.
d) It is a revenue element, used
in CO and it corresponds to a Balance Sheet Account in FI module.
e) It is a tracing factor that
helps to classify the specific activities that are provided by one ot more
cost centers within a company.
6. True or false?
6.1. The activity type category is used to determine whether and how an activity type is entered and allocated.
a) [ ] True. b) [ ] False.
6.2. The fixed value is only posted in the period in which it is entered.
a) [ ] True. b) [ ] False.
6.3. You can create your own list variants for collective processing.
a) [ ] True. b) [ ] False.
6.4.SAP recommends that you use the same number interval groups for CO actual and plan transactions.
a) [ ] True. b) [ ] False.
6.5. Validation has priority under Substitution.
a) [ ] True. b) [ ] False.
7. Splitting process can be divided
in to following steps
7.1 Active split
7.2 Passive split
7.3 Legal split
7.4 Clearing lines/zero balance
formation by document
7.5 Partial split
7.6 Total split
Choose the correct option:
a) 7.1, 7.3 and 7.5 are correct.
b) 7.2, 7.5 and 7.6 are correct.
c) 7.2, 7.3 and 7.4 are correct.
d) 7.3, 7.4 and 7.5 are correct.
e) 7.1, 7.2 and 7.4 are correct.
8. Consider the following statements:
8.1. Reposting line items creates
CO documents which don't contain a reference to the FI document.
8.2. Commitments are payment
obligations that are not entered into the accounts, but that lead to actual
costs at a later date.
8.3. Purchase orders reduces
the commitment values.
8.4. To directly allocate activity,
create an activity type of the category 1 (manual entry, manual allocation).
8.5. You can reposting direcy
activity allocations in periods and in the same period form
Which the document to be adjusted
originates.
Choose the correct option:
a) 8.1. and 8.5. are correct.
b) 8.2. and 8.3. are correct.
c) 8.2. and 8.4. are correct.
d) 8.1. and 8.3. are correct.
e) 8.4. and 8.5. are correct.
9. Which of the following are correct about periodic allocation?
a) Both Distribution & Assessment
can be applied as a Periodic Allocation Technique in the New Ledger. However
Periodic Reposting is not used.
b) Statistical Key Figure presently
cannot be used as a Tracing Factor.
c) Distribution Generates a FI
Document as an output.
d) A separate Assessment account
needs to be defined for New General Ledger as a GL Account that is not
a secondary Cost Element of category 42.
10. Which of the following statements is true (Please choose the correct option(s))?
a) The SAP R/3 system saves the
information from the clearing cost center in totals records during a periodic
reposting.
b) The cycle-segment method is
used only for defining periodic reposting.
c) Independent cycles can be processed
in parallel if they have the same allocation type.
d) You can process cycles in the
same cycle flow group in parallel.
e) During distribution, the original
cost elements are summarized into distribution cost
elements (secondary cost element
category = 42).
---
Answers
1. C.
2. D.
3. D.
4. C.
5. A.
6. True or false:
6.1. True.
6.2. False. The TOTALS VALUE is only posted in the period in which it is entered. The fiscal year total is the sum of all the period values. The FIXED VALUE is carried over from the period in which it is entered to all subsequent periods of the same fiscal year. The fiscal year total is an average of the period totals.
6.3. True.
6.4. False. SAP recommends that you create different number interval groups for CO actual and plan transactions.
6.5. True. Validation has priority, or it is "stronger", than Substitution.
7. E.
8. C.
9. All of them
10. C.
