SAP CCA Online Quiz

Following quiz provides Multiple Choice Questions (MCQs) related to SAP CCA. You will have to read all the given answers and click over the correct answer. If you are not sure about the answer then you can check the answer using Show Answer button. You can use Next Quiz button to check new set of questions in the quiz.

Q 1 - In Cost Center hierarchy, which of the following comes at the top in a normal scenario?

Answer : A

Q 2 - Which of the following is incorrect about Cost Center?

A - Cost center in accounting is used to differentiate between different activities and for differentiated controlling of costs arising in an organization.

B - Each cost center is assigned with different activity types and each activity type shows the specific activities in cost center.

C - You can create Cost center without using cost center hierarchical structure.

D - Cost centers can be further combined into cost center groups and they can be used to create cost center hierarchies.

Answer : C

Explanation

A Cost center hierarchy contains cost centers for a given and it is known as standard hierarchy.

To create a cost center, you have to first define cost center hierarchical structure.

Q 3 - While creating a Cost element group structure, you can create which of the following elements in Cost element group structure?

Answer : E

Q 4 - If you are able to create a primary cost element in SAP CO system. What would you check first?

A - A Valid Cost Element Category exists

B - P/L account exists

C - G/L has the same currency as Controlling Area.

D - All of the above

Answer : B

Q 5 - Costs and revenues incurred for activities for external partners or for internal activities that do not form part of the core business for your organization are monitored using?

A - Internal Order

B - Investment Order

C - Accrual Order

D - Order with Revenues

Answer : D

Explanation

Investment cost related to fixed assets are monitored using Investment orders.

Period-related accrual calculation between expenses in FI and the costing-based costs debited in Cost Accounting are monitored using Accrual orders.

Costs and revenues incurred for activities for external partners or for internal activities that do not form part of the core business for your organization are monitored using order with revenues.

Q 6 - Which of the following statement is correct about Company Code?

A - A company code is not an organizational unit.

B - A company code must use business areas.

C - A company code can only be linked to one controlling area.

D - A company code can have more than one operating Chart of Account.

Answer : C

Q 7 - In which of the following process, you need to transfer the data from other SAP components and post in Finance Accounting?

A - Cost Center Planning

B - Period End closing

C - Actual Cost Accounting

D - Cost Center Groups

Answer : B

Explanation

Period end closing is work carried out at period end as part of cost controlling. To perform period end closing, it is required to transfer the data from other SAP components. You should perform all the posting in Finance Accounting.

Q 8 - Which of the following are typical use cases for product cost by period?

A - Very flexible production environment

B - Customer-specific production

C - Continuous production

D - All of the above