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| Section | Objectives |
|---|---|
| Month-End Closing Activities | - Overhead Allocation - Settlement and Reconciliation |
| Organizational Assignments and Basic Settings | - Integration with Financial Accounting - Controlling Area Configuration |
| Profitability Analysis (CO-PA) | - Contribution Margin Analysis - Market Segment Definition |
| Product Cost Controlling | - Cost Object Controlling - Costing Runs and Material Costing |
| Profit Center Accounting | - Transfer Pricing and Reporting - Profit Center Structure and Maintenance |
| Cost Center Accounting | - Actual Postings and Allocations - Cost Center Planning and Budgeting |
| Internal Orders | - Settlement of Internal Orders - Order Planning and Budget Control |
1. In which master record can you enter a profit center directly? Note: There are 3 correct answers to this question.
A) Material master
B) Cost element
C) Activity type
D) Cost center
E) Internal order
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) Real-time integration CO/FI
B) Scenario segment reporting
C) Document splitting
D) Scenario profit center update
3. Which field in the material master determines if the value of the material stock changes when releasing a cost estimate for this material?
A) Valuation class
B) Price control
C) Valuation type
D) Price determination
4. Which of the following transactions can generate commitments on CO objects automatically? Note: There are 2 correct answers to this question.
A) Purchasing contract
B) Purchase order
C) Purchasing quotation
D) Purchase requisition
5. How can you set up a valuation based on a cost estimate in costing-based profitability analysis? Note: There are 3 correct answers to this question.
A) By assigning the costing key to value fields.
B) By assigning the costing key to products.
C) By assigning the costing variant to valuation variant.
D) By assigning the costing variant in the costing key.
E) By assigning the costing key to material types.
Solutions:
| Question # 1 Answer: A,D,E | Question # 2 Answer: A,D | Question # 3 Answer: B | Question # 4 Answer: B,D | Question # 5 Answer: B,D,E |
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