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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 - Which of the following can be used to copy actuals to a target planning version?
Q 4 - If you are able to create a primary cost element in SAP CO system. What would you check first?
Q 5 - How to perform settlement of IO to Cost Centers?
Q 6 - Which of the following is incorrect about Profit Center?
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.
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?
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 Profitability Analysis are supported?
Q 9 - You are not able to create preliminary cost estimate for the product cost collector. What could be the reason?
Q 10 - Key figures can be defined as?
Key figures can be defined as fixed values and total values. All the key figures that you define as fixed values they are available for positing in full fiscal year.