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Q 1 - Which of the following contains master data objects: Cost center, activity types and Static key figures?
Cost Center represents a smallest unit of responsibility in an organization and contains master data objects: Cost center, activity types and Static key figures.
Q 2 - Which of the following is incorrect about Cost Center?
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?
Q 4 - The transaction currency can differ from the controlling area currency and the object currency?
Q 5 - An internal Order is used as an interim collector of costs and is used for planning, monitoring, and when job has been completed, you settle the costs to one or more receivers like cost centers, fixed assets, etc.?
Q 6 - To create a Profit Center, Use T-code: KE51 or go to Accounting → Controlling → Profit Center Accounting → Master Data → Profit Center → Individual Processing → Create?
Q 7 - Which of the following module is used to find the value of internal cost of products and s also used for profitability and management accounting for production?
Q 8 - Which of the following transaction code is used for Product Costing?
Q 9 - To execute the reports you have to navigate to Information Systems → Accounting → Controlling → Reports for Cost Center Accounting?
Q 10 - Personnel Costs and Material Costs represents?