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| Section | Objectives |
|---|---|
| Topic 1: Profitability Analysis (CO-PA) | - Configure costing based CO-PA - Define characteristics and value fields |
| Topic 2: Cost Element Accounting | - Integration with Financial Accounting - Configure and interpret cost element types |
| Topic 3: Reporting and Integration | - Generate CO reports (cost center, internal orders, etc.) - Understand integration with FI and other SAP modules |
| Topic 4: Internal Orders | - Configure internal order types and attributes - Commitment and actual postings and settlement |
| Topic 5: Cost Center Accounting | - Define and create cost centers and hierarchies - Perform planning and allocations for cost centers |
| Topic 6: Product Cost Controlling | - Analyze variances for cost objects - Understand integration with material valuation |
| Topic 7: Organizational Structure in Management Accounting | - Understand organisational levels relevant for CO processes - Define and describe Controlling area and assignment |
1. Scenario Profit Center Update with real time integration is activated in the New GL. How is the profit center information stored in financial postings to a CO object?
A) In a separate profit center accounting document.
B) In a separate New GL document.
C) In a reconciliation ledger document.
D) In a separate field in the New GL document.
2. For what purpose can you use a statistical internal order? Note: There are 2 correct answers to this question.
A) Overhead surcharges.
B) Budget and availability control.
C) Settlement.
D) Cost planning.
3. Your customer wants to see a P&L statement for profit centers by the cost-of-sales- accounting approach. Which of the following is the minimum requirement?
A) Enter the functional area in the profit center master.
B) Activate the scenario functional area in New GL.
C) Activate profitability analysis.
D) Create a derivation rule for the functional area.
4. Which of the following organizational units are maintained in Management Accounting?
Note: There are 2 correct answers to this question.
A) Controlling area
B) Functional area
C) Business area
D) Operating concern
E) Company code
5. The system does not allow you to create a primary cost element.
What do you check first?
A) Whether the cost element category is valid
B) Whether the P/L account exists
C) Whether the balance sheet account exists
D) Whether the 6/L account currency is the same as the controlling area currency
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B,D | Question # 3 Answer: B | Question # 4 Answer: A,D | Question # 5 Answer: B |
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