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| Section | Weight | Objectives |
|---|---|---|
| Profit Center Accounting | 12% | - Periodic transfers and reporting - Basic settings and master data - Actual and plan data flows |
| Product Cost Controlling | 25% | - Period-end closing for product costs - Cost estimates and costing variants - Cost object controlling - Order controlling and variance analysis |
| Internal Orders | 15% | - Budgeting, availability control - Order types and master data - Settlement and period-end processing |
| Organizational Concepts and Master Data in CO | 15% | - Statistical key figures and resources - Organizational units and assignments - Cost elements, cost centers, activity types |
| Profitability Analysis (CO-PA) | 13% | - Costing-based and account-based CO-PA - Operating concern and characteristics - Data transfer and results analysis |
| Cost Center Accounting | 20% | - Period-end closing activities - Planning and budgeting - Actual postings and allocations |
1. Which of the following allocation methods in cost center accounting use secondary cost elements? Note: There are 3 correct answers to this question.
A) Overhead surcharges
B) Distribution
C) Assessment
D) Activity allocation
E) Periodic reposting
2. When creating an internal order, which data is derived from the order type? Note: There are 2 correct answers to this question.
A) Settlement rule
B) Settlement profile
C) Commitment profile
D) Model or reference order default entries
3. A company wants to prevent postings of more than 5000 EUR on cost centers by generating an error message. What do you recommend?
A) Creating a substitution rule in the IMG.
B) Creating a validation rule in the IMG.
C) Creating a lock amount on the control tab in the cost center master data.
D) Activating and using availability control for cost centers.
4. Which postings can be triggered by the settlement of a production order? Note: There are 3 correct answers to this question.
A) Variance categories to profit centers.
B) Work in Process (WIP) to FI.
C) Balance of the production order to FI.
D) Variance categories to profitability analysis.
E) Work in Process (WIP) to profitability analysis.
5. Which information is transferred when you settle an Internal Order to costing-based CO-
PA?
A) Characteristic values of the settlement rule.
B) All information of the internal order master data.
C) Variance categories of the internal order.
D) Cost component split of the order cost.
Solutions:
| Question # 1 Answer: A,C,D | Question # 2 Answer: B,D | Question # 3 Answer: B | Question # 4 Answer: B,C,D | Question # 5 Answer: A |
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