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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 - Which of the following provides a transaction-based and cross-functional approach for activity output in which several cost centers are involved?
Q 5 - In SAP system, you consider Controlling (CO) and Financial Accounting (FI) as two independent components and data flow occurs between two components?
Q 6 - Which of the following allows you to calculate key figures in cost accounting like- ROI, Cash flow etc. and it allows you to delegate responsibility to decentralized units and allows you to treat as separate companies in a company?
SAP CO-Profit center is used for managing internal controlling. When you dividing your company into profit centers, it allows you to delegate responsibility to decentralized units and allows you to treat as separate companies in a company. It also allows you to calculate key figures in cost accounting like- ROI, Cash flow, etc.
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 - While performing Carry forward commitment for year-end closing, which of the following is not available Processing option?
Q 10 - Personnel Costs and Material Costs represents?