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NEW QUESTION # 11
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?
- A. An extension ledger of type "P: Line items with technical numbers / no deletion possible"
- B. A multi-valuation ledger
- C. A new standard G/L ledger with exclusive usage for "Prediction"
- D. An extension ledger of type "S: Line items with technical numbers / deletion possible"
Answer: D
NEW QUESTION # 12
To which object can you settle an internal order using cost elements with cost element category 21 (internal settlement)? Note: There are 3 correct answers to this question.
- A. General ledger account
- B. WBS element
- C. Asset
- D. Sales order item
- E. Network
Answer: B,D,E
NEW QUESTION # 13
Which statements are relevant to the cost of sales accounting method in profitability management? Note: There are 2 correct answers to this question.
- A. It aims to summarize activity and situational change for a given organizational unit over a period of time.
- B. It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities.
- C. It presents the costs and revenues information in a format that is ideal for conducting margin analyses.
- D. It aims to match revenues for goods and services against sales-related expenses.
Answer: C,D
NEW QUESTION # 14
Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question.
- A. It is recommended for products with a long production time.
- B. It is used when full cost traceability is needed.
- C. It is used when you perform repetitive manufacturing.
- D. It is used when controlling by individual production lots or discrete quantities is needed.
Answer: B,D
NEW QUESTION # 15
How do you define the relationship between an operating concern and a controlling area?
- A. One-to-many (1:N)
- B. Many-to-many (N:M)
- C. Many-to-one (N:1)
- D. One-to-one (1:1)
Answer: A
NEW QUESTION # 16
You want to run an assessment cycle in Profitability Analysis to allocate cost center costs during period-end closing for your organization. Which of the following objects is part of the assessment cycle?
- A. Cycle iteration
- B. Tracing factor
- C. Template
- D. Sender cost objects
Answer: B
NEW QUESTION # 17
At what level do you create the structure of the operating concern?
- A. Sales organization level
- B. Client level
- C. Company code level
- D. Controlling area level
Answer: B
NEW QUESTION # 18
Which statements best describes a single cost center standard hierarchy?
- A. It is a structure to which all cost center groups create for a controlling area are assigned.
- B. It is a structure to which all cost center groups created within an operating concern are assigned.
- C. It is a structure to which all the cost centers within an operating concern are assigned.
- D. It is a structure to which all the cost centers within a controlling area are assigned.
Answer: D
NEW QUESTION # 19
How do you maintain number range intervals in Controlling?
- A. By document type
- B. By cost element category
- C. By account type
- D. By business transactions
Answer: D
NEW QUESTION # 20
Which of the following steps are part of the procedure to update the standard price of the material? Note: There are 2 correct answers to this question.
- A. Archive the cost estimates.
- B. Release the cost estimate.
- C. Split the costs.
- D. Mark the cost estimate.
Answer: B,D
NEW QUESTION # 21
You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?
- A. Budget availability control
- B. Indirect activity allocation
- C. Periodic reporting
- D. Accrual calculation
Answer: D
NEW QUESTION # 22
In a standard system delivery, how many free characteristics can be added to an operating concern?
- A. 101-150
- B. 71-100
- C. Over 150
- D. 0-70
Answer: D
NEW QUESTION # 23
You want to use template to consider overhead during product costing. How do you assign the template to your material?
- A. Using a profit center and an overhead key
- B. Using an overhead group and an overhead key
- C. Using a special procurement type and an overhead group
- D. Using an origin group and an overhead group
Answer: B
NEW QUESTION # 24
What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.
- A. You can plan multiple versions.
- B. You can enter costs and revenues.
- C. Availability control can check against plan values.
- D. You can define tolerance limits for plan overspend.
Answer: A,B
NEW QUESTION # 25
Which receiver must be allowed in the settlement profile of product cost collector?
- A. Material
- B. G/L Account
- C. Cost center
- D. Order
Answer: A
NEW QUESTION # 26
What parameters can you set up when defining order types?
- A. Define document type.
- B. Define source structure.
- C. Allow revenue postings.
- D. Define default parameters for master record fields.
Answer: C,D
NEW QUESTION # 27
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