AC605 Profitability Analysis

CCA Quiz

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B.Com, CMA

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It’s quiz time!!

Beware of multiple answers!!

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Q1. What are the purposes served by Controlling module
(a) Provides details of expenses incurred per function / location
(b) Helps to capture the expenses for various time bound activities
(c) Calculates the cost of Products / Services
(d) Enables the reporting systems to provide a view of profitability for various dimensions
Q2. To have multiple company codes under one controlling area, the company codes
(a) Must share the same Fiscal Year Variant
(b) Must share the same currencies
(c) Must share the same Chart of Accounts
Q3. What does the “Assignment Control” determine
(a) The possible relationship between company code & controlling area
(b) The possible ‘currency type’ that a controlling area can have
Q4. The choice of 1:1 relationship between company code & controlling area would mean
(a) More than one company code under controlling area
(b) Exactly one company code under controlling area
(c) Currency type is freely definable
(d) Currency type should be “Company Code Currency”

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Q5. When the relationship is 1:N between company code & controlling area, using currency
type “10 – Company Code Currency” is not possible
(a) True
(b) False
Q6. The impact of activating the “All Currencies” indicator for a controlling area
(a) All the direct postings are recorded in transaction currency, controlling area currency
and object currency
(b) Settlements are also done in each currency individually.
Q7. When is the currency type for a controlling area freely definable
(a) When the “assignment control” is 1:1
(b) When the “assignment control” is 1:N
Q8. When you copy the controlling area,
(a) You can copy it with reference to Controlling area 0001
(b) You have to use one of the templates offered by SAP to copy the controlling area
Q9. No. ranges for a controlling area are organized in groups
(a) True
(b) False

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Q10. Before you can start using a controlling area, you must
(a) Activate the required components
(b) Maintain the number ranges
(c) Maintain the planning versions
Q11. Which of the following planning versions are mandatory
(a) Planning version 1
(b) Planning version 0
Q12. Is planning in a cost center mandatory?
(a) Yes
(b) No
Q13. Which type of planning enables you to plan variable expenses
(a) Activity dependant planning
(b) Activity independent planning
Q14. Is planning in a cost center same as budgeting?
(a) Yes
(b) No

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Q15. To enter plan values for a cost center in a currency other than controlling area currency,
(a) You need to prepare custom planning layouts
(b) You need to create custom planner profiles / change planner profile
Q16. Which of the below are components of Cost Center Planning
(a) Expense planning
(b) Activity planning
(c) SKF planning
Q17. Which of the below statements are TRUE with regards to exchange rate type in planning
version
(a) It is needed when the controlling area currency is different than the company code
currency
(b) Exchange rate type P is recommended to be used for planning purposes
(c) “Value date” together with exchange rate type determines the exchange rate for
planning purpose
Q18. Which of the below statements are TRUE
(a) Object currency is the currency of the Cost Objects like CC, IO, etc
(b) Object currency is freely definable when controlling area has multiple company codes

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Q19. Which of the below statements are TRUE
(a) Assessment method reduces the no of line items after allocation
(b) Assessment method should be used when details of the origin cost element is not
needed on the receiver
(c) Assessment method posts a credit to the cost center using one or more secondary
cost elements
Q20. Using Allocation structure during assessment cycle is mandatory
(a) True
(b) False
Q21. No. of segment s in an allocation cycle are determined by
(a) The combination of Sender + Receiver + Receiver tracing factor
(b) The combination of Receiver + Receiver tracing factor
Q22. Using “Variable Portions” in an allocation cycle means that the amounts can be allocated
differently each month without modifying the allocation cycle
(a) True
(b) False
Q23. Reposting (KB11N) is a substitute of allocation cycles
(a) True
(b) False
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