Controlling

1. What is controlling? what is the purpose of it? 2. What is the first integration point between FI & CO? 3. What are the possible relationships between company code & controlling area? 4. What are activated while maintaining a CO area? 5. What are versions? 6. What are cost elements? Types of cost elements &define each of them 7. What is a cost center and what is criteria for creating a cost center? 8. What is the difference between periodic reposting & distribution? 9. What is the difference between distribution & assessment? 10. What is the difference between repost CO line items & manual reposting costs? 11. What is a profit center? What is the criterion for creating profit centers? 12. Is periodic reposting possible in profit centers? 13. What is internal order? Why is it used? 14. What are the types of Internal order, define each of them? 15. What is the difference between internal order & cost center? 16. What is settlement profile? 17. What is allocation structure? 18. What is an operating concern? 19. What is profitability segment? 20. What is a value field? 21. What is characteristic? 22. From where costs & revenues flow to CO-PA? 23. What is report painter?