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| Section | Objectives |
|---|---|
| Topic 1: Month-End Closing Activities | - Settlement and Reconciliation - Overhead Allocation |
| Topic 2: Internal Orders | - Order Planning and Budget Control - Settlement of Internal Orders |
| Topic 3: Product Cost Controlling | - Costing Runs and Material Costing - Cost Object Controlling |
| Topic 4: Cost Center Accounting | - Cost Center Planning and Budgeting - Actual Postings and Allocations |
| Topic 5: Organizational Assignments and Basic Settings | - Integration with Financial Accounting - Controlling Area Configuration |
| Topic 6: Profitability Analysis (CO-PA) | - Contribution Margin Analysis - Market Segment Definition |
| Topic 7: Profit Center Accounting | - Transfer Pricing and Reporting - Profit Center Structure and Maintenance |
Question 1
Where do you determine the price finding strategy for material costing?
A. Valuation class
B. Price determination
C. Price control
D. Valuation variant
Question 2
A customer wants to define some fields as mandatory in an internal order. How can the customer achieve this?
A. By indicating the fields as mandatory in the model order.
B. By adjusting the field status variant.
C. By defining an appropriate selection variant.
D. By adjusting the field selection in the order type.
Question 3
Which information is transferred when you settle an Internal Order to costing-based CO-PA?
A. Variance categories of the internal order.
B. Characteristic values of the settlement rule.
C. Cost component split of the order cost.
D. All information of the internal order master data.
Question 4
Which master data is required for a direct activity allocation? Note: There are 3 correct answers to this question.
A. Activity type
B. Allocation cycle
C. Secondary cost element
D. Activity price
E. Cost center
Question 5
How is Work in Process (WIP) calculated on a product cost collector?
A. Based on the target cost, depending on the order type settings.
B. Based on the standard cost estimate, independent of the valuation variant settings.
C. Based on target cost, depending on the valuation variant settings.
D. Based on actual cost, depending on the order status.
Solutions:
| Question 1 Answer: D | Question 2 Answer: D | Question 3 Answer: B | Question 4 Answer: A,C,E | Question 5 Answer: C |
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