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| Section | Objectives |
|---|---|
| Reporting and Analytics | - SAP Fiori analytical apps for CO - Standard CO reports |
| Product Cost Controlling | - Cost object controlling - Material cost estimation - Product costing and variance analysis |
| Overview of Management Accounting in SAP S/4HANA | - Master data fundamentals (cost centers, profit centers, internal orders) - Organizational structures in Controlling |
| Actual Costing and Material Ledger | - Periodic actual costing - Material ledger configuration and usage |
| Period-End Closing in Controlling | - Overhead allocation and settlements - Reconciliation and closing activities |
| Internal Orders | - Settlement of internal orders - Order types and planning |
| Profitability Analysis (CO-PA) | - Account-based CO-PA and margin analysis - Profitability reporting |
| Cost Center Accounting | - Allocations (assessment and distribution) - Actual postings and reporting - Planning and budgeting |
1. What is required before you can create a multi-level material cost estimate without quantity structure?
Response:
A) Material master with costing view
B) Material master with accounting view and with MRP views
C) Specific costing variants for material costings without quantity structure
D) Specific valuation variants for material costings without quantity structure
2. Which objects can you plan in cost center accounting?
There are THREE correct answers for this question
Response:
A) Non-operating expense accounts
B) Activity prices
C) Statistical key figures
D) Balance sheet accounts
E) Secondary cost accounts
3. What action do you perform to use the Cost-Based Percentage of Completion (POC) method?
Response:
A) Costing of an order
B) Setting to profitability analysis
C) Billing of a sales order during production
D) Running the results analysis
4. Which cost objects can only be controlled by period?
There are TWO correct answers for this question
Response:
A) Process order
B) Product cost collector
C) Production order
D) Cost object hierarchy
5. You need to assign a company code to a controlling are
a. Which settings must be identical for both organizational objects?
There are 2 correct answers to this question.
Response:
A) Currency
B) Posting period variant
C) Fiscal year variant
D) Chart of accounts
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A,C,E | Question # 3 Answer: D | Question # 4 Answer: B,D | Question # 5 Answer: C,D |
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