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 - Which of the Transaction code can be used to create an activity type in Controlling?

Answer : B

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 - Which of the following currency type is used for cost accounting and is based on assignment control indicator and currency type?

A - Controlling Area Currency

B - Object Currency

C - Transaction Currency

D - None of these

Answer : A

Explanation

Controlling area currency

The system uses this currency for cost accounting. This currency is set up when you create the controlling area. It is based on the assignment control indicator and the currency type.

Q 5 - In SAP system, you consider Controlling (CO) and Financial Accounting (FI) as two independent components and data flow occurs between two components?

A - True

B - False

Answer : A

Q 6 - Which of the following is incorrect about Profit Center?

A - To analyze the cost of a product line or a business unit.

B - To generate profit and loss accounts according to Profit Center and also generate balance sheet.

C - Key components of a profit center includes- name of the profit center, the controlling area under which it is assigned, time period, person responsible for the profit center, standard hierarchy, etc.

D - Profit center can be used for internal and external reporting purposes.

Answer : D

Explanation

You can also generate profit and loss accounts according to Profit Center and also generate balance sheets however Profit center should only be used for internal reporting purposes.

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 provide you with a profitability report that is permanently reconciled with financial accounting?

A - Costing-based Profitability Analysis

B - Account-based Profitability Analysis

C - Activity-based Profitability Analysis

D - None of these