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| Section | Objectives |
|---|---|
| Profitability Analysis (CO-PA) | - Contribution Margin Analysis - Market Segment Definition |
| Product Cost Controlling | - Cost Object Controlling - Costing Runs and Material Costing |
| Cost Center Accounting | - Cost Center Planning and Budgeting - Actual Postings and Allocations |
| Month-End Closing Activities | - Overhead Allocation - Settlement and Reconciliation |
| Internal Orders | - Settlement of Internal Orders - Order Planning and Budget Control |
| Profit Center Accounting | - Transfer Pricing and Reporting - Profit Center Structure and Maintenance |
| Organizational Assignments and Basic Settings | - Controlling Area Configuration - Integration with Financial Accounting |
1. Which information is transferred when you settle an Internal Order to costing-based CO-PA?
A) All information of the internal order master data.
B) Variance categories of the internal order.
C) Characteristic values of the settlement rule.
D) Cost component split of the order cost.
2. Where do you determine the price finding strategy for material costing?
A) Valuation variant
B) Valuation class
C) Price determination
D) Price control
3. How is Work in Process (WIP) calculated on a product cost collector?
A) Based on target cost, depending on the valuation variant settings.
B) Based on the standard cost estimate, independent of the valuation variant settings.
C) Based on actual cost, depending on the order status.
D) Based on the target cost, depending on the order type settings.
4. When creating an internal order, which data is derived from the order type? Note: There are 2 correct answers to this question.
A) Settlement profile
B) Commitment profile
C) Settlement rule
D) Model or reference order default entries
5. A customer wants to allocate internal and external costs, based on statistical key figure values, to the receivers. Which method do you choose?
A) Settlement
B) Distribution
C) Overhead calculation
D) Assessment
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: A,D | Question # 5 Answer: D |
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