SAP CO Paper

4/20/2020 SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates - Full | ERPPrep
SAP Certified Application Associate - SAP S/4HANA for

Management Accounting Associates - Full
You got 64 of 68 possible points.

Your score was: 94 %
Question Results
Question: Score 1 of 1
You want to set up budget availability control for your projects and internal
orders. What can you check using budget availability control?
There are 2 correct answers to this question
Response:
The availability of funds using overall plan value
The availability of funds on period level
The availability of funds in object currency
The availability of funds according to tolerance limits
Which parameters can you enter when you create a costing run?
There are THREE correct answers for this question
Response:
Costing variant
Costing version
Valuation variant
Transfer control
Production version
https://www.erpprep.com/node/16254/myresults/1529523 1/26
Which object do you configure to reuse material cost estimate for the costing
process?
Response:
Quantity structure control
Group costing
Transfer control
Valuation variant
What is the highest reporting level in management accounting?
Response:
Operating concern
Controlling area
Company code
Profit center
How can you configure the transfer price solution in SAP S/4HANA?
There are 2 correct answers to this question.
Response:
Use separate segments for each valuation.
Use separate ledgers for each valuation.
Use separate accounts for each valuation.
Use separate currency types within the same ledger for each valuation.
You use a production order with Product Cost by Period and you entered a
results analysis key and variance key. How does the system calculate variances
in Product Cost by Period?
Please choose the correct answer.
Response:
Variances = Target costs - Delivery value - WIP
Variances = Actual costs - Delivery value - WIP
Variances = Target costs - Delivery value
Variances = Actual costs - Delivery value
What are the benefits of using valuated sales order stock compared to non-
valuated sales order stock?
There are TWO correct answers for this question
Response:
Combined quantity and value flow analysis
Production cost calculation
Simplified inventory value determination
Production order settlement to sales order
Your customer uses account-based CO-PA. Which sales documents create an

account-based CO-PA line item for each standard ledger in the universal journal
table in SAP S/4HANA 1809?
Response:
Goods issue
Goods receipt
Sales order
Billing
When do you use an assessment instead of a distribution?

Response:
When you need the option to reverse the cycle as often as required
When you need to transfer secondary costs
When you want to consolidate allocated expenses
When you want to view the original cost elements on the receiver
How do you maintain number intervals/ranges in Controlling?

Response:
By document type
By business transactions
By company code
By posting key
Which customizing activity do you perform in overhead cost controlling?
Response:
Define cost center categories
Define company centers categories
Maintain costing variant parameters
Create value fields
You configured an overhead costing sheet that uses the quantity-based

overhead approach to calculate the overhead amount. What is required for the
amount to be calculated?
Response:
Cost accounts with the option to record quantity
Settlement rules with valid receiver objects
Activity types with actual or plan quantities maintained
Statistically figures with values for the period
What is required before you can create a multi-level material cost estimate
without quantity structure?
Response:
Material master with costing view
Specific costing variants for material costings without quantity structure
Specific valuation variants for material costings without quantity structure
Material master with accounting view and with MRP views
For which revenue-carrying cost objects does the system perform results
analysis?
Response:
Customer service orders
Cost center
Business processes
Work breakdown structure
Internal order
Which of the following objects can be selected in templates for activity-based

costing?
Response:
WBS element
Cost center/activity type
Internal order
Business process
Which activities can you perform while you create cost center hierarchies?
Response:
Reassign a cost center to another node of the standard hierarchy.
Append nodes and cost centers to a node of the standard hierarchy.
Create a cost center without specifying a standard hierarchy.
Assign a standard hierarchy to several controlling areas.
Where can you find actual transaction data of account-based CO-PA in SAP
S/4HANA?
Response:
CE1XXXX
COEJ
ACDOCA
BSEG
You want to maintain a cost component structure. What can you determine for
each cost component?
There are 3 correct answers to this question
Response:
Relevance of cost component to inventory valuation
Assignment of cost component to cost component group
Assignment of cost component to calculation base for overheads in costing sheet
Relevance of cost component to results analysis
Relevance of cost component to goods manufactured
Which default values can you configure for the product cost collector?
Response:
Variance variant
Results Analysis (RA) key
Costing variant for preliminary costing
Results Analysis (RA) version
How can you configure cycles for period-end allocation?

Response:
Define allocation for the same cost center in multiple segments
Assign several segments to a cycle
Create cycles that iterate with each other
Use different allocation rules within one segment
You want to set up integrated planning for your internal orders. What do you
need to do?
Response:
Set the relevant indicator in the internal order master record.
Set the relevant indicators in the CO version.
Set the relevant indicator in the controlling area.
Set the relevant indicator in the planning profile of the order type.
What are the prerequisites for automatic generation of the settlement rule to a
market segment for a sales order item?
Response:
Profitability Analysis (CO-PA) is activated.
The material in the sales order item is a service.
The sales order item is a cost object.
The sales order item is assigned to a project.
To which object do you assign a costing sheet?

Response:
Costing variant
Cost component structure
Valuation variant
Transfer control
You want to prevent periodic cost fluctuations. Which activity should you choose
to distribute irregular expenses to the relevant periods?
Response:
Accrual calculation
Periodic reposting
Cost splitting
Variance calculation
Which management accounting currencies can you use for evaluation when you
use cross-company-code cost accounting?
Response:
Company code currency
Transaction currency
Reference currency
Object currency
Controlling area currency
Which of the following steps are part of the procedure to update the standard
price of the material?
Response:
Split the costs.
Release the cost estimate.
Archive the cost estimates.
Mark the cost estimate.
Which processes belong to the “final costing” of cost objects?

Response:
Variance calculation
Overhead surcharge
Revaluation at actual costs
Work in process
You want to understand why costs are collected on sales order item level. What
do you need to check in the configuration?
Response:
Requirement type
Valuation variant
Account assignment category
Costing type
Requirements class
Which process can you use to credit internal orders during period-end closing?
Response:
Assessment
Distribution
Indirect activity allocation
Periodic reposting
What can you use to difference two or more cost estimates for the same
material?
Response:
Transfer control
Costing variant
Costing version
Valuation variant
Which characteristic controls the eligible cost element categories for G/L
accounts in SAP S/4HANA?
Response:
Account group
Account type
Field status group
Account currency
You are considering using commitment management with internal orders. What
do you need to do in the configuration?
Response:
Activate commitment management only in the order type.
Activate commitment management in both the company code and the order type.
Activate commitment management in both the controlling area and the order type.
Activate commitment management only in the controlling area.
What are some of the characteristics of internal order planning?

Response:
Availability control is checked.
Multiple versions are allowed.
Costs are entered.
Tolerance limits are defined.
You are setting up costing-based Profitability Analysis for your organization.

How do you configure the different market segments?
Response:
As characteristics
As value fields
As divisions
As key figures
Which of the following statements best describe Product Cost by Order?

Response:
It is used when full cost traceability is needed.
It is used when you perform repetitive manufacturing.

It is used when controlling by individual production lots or discrete quantities is

needed.
It is recommended for products with a long production time.
What is the default option for planning profit center values in SAP S/4HANA?
Response:
Financial accounting planning
Management accounting planning
Profitability analysis planning
Business planning and consolidation
Which characteristic of an internal order does the order type control?
Response:
Controlling areas the order is assigned to
Types of costs posted to the order
Time period for which the order is valid
Budget profile assigned to the order
When trying to assign a profit center to a new cost center, you receive an error.
What can cause this error?
Response:
The lock indicator is activated in the profit center master record
The validity period of the profit center is shorter than that of the cost center
The profit center has already been assigned to a different cost center
The validity period of the cost center is shorter than that of the profit center
Which of the following controls can you set when you determine a characteristic
derivation?
Response:
Conditions for execution
Display authority
System response when unsuccessful
Valuation calculation
Overwriting authority
What are some of the unique attributes of an assessment cycle in Controlling?

Response:
They use the original cost element during transfer.
They use a secondary cost element during transfer.
They transfer primary and secondary costs.
They transfer only primary costs.
You need to analyze different planning scenarios for cost centers. With which
object do you differentiate the planning scenarios?
Response:
Company code
Cost center group
CO version
Operating concern
What can you analyze in detail when you transfer the cost component split from
product cost planning to costing-based CO-PA?
Response:
Variance categories
Cost of goods sold
Sales revenues
Cost of goods manufactured
What must the referenced cost estimate and the receiving cost estimate have in
common?
Response:
The quantity structure
The plant
The company codes
The cost component structure
Which views can you use to analyze the costing results within the costing run
tool?
Response:
Variance report
Work in progress report
Analysis report
Material list report
Costing levels report
How does SAP S/4HANA determine if a characteristic value is valid in

Profitability Analysis?
Response:
By defining the characteristic value as a value field
By defining the characteristic value in the field catalog
By defining the characteristic value in the check table
By defining the characteristic value as a key figure
What can you specify when you create an activity type?

Response:
The activity type category for allocation
The valid receiving cost center types
The secondary costs G/L account for internal activity allocation
The primary costs G/L account for internal activity allocation
The valid sending cost center types
How does SAP S/4HANA select line-item-based data for costing-based

Profitability Analysis reports?
Response:
It selects actual data from table CE2XXXX and plan data from table CE3XXXX.
It selects actual data from table ACDOCA and plan data from table COSP.
It selects actual data from table ACDOCA and plan data from table ACDOCP.
It selects actual data from table CE1XXXX and plan data from table CE2XXXX.
In which SAP S/4HANA components can you report the results of the results
analysis?
Response:
Profit center accounting
Inventory management
Profitability analysis
Financial accounting
Sales and distribution
What do you do to create a primary cost component split?

Response:
Assign a cost component structure to the CO-version
Enter split activity prices manually
Run an activity price calculation
Use the cost splitting tool on cost centers
How can you populate local variables in Profitability Analysis reports?

Response:
By user exit
By Business Add-In
By populating from user parameters
By user entry during report execution
You are executing an indirect activity allocation. What do you post to the sender
and receiver?
Response:
You post quantity and cost to both the sender and receiver.
You post both quantity and cost to the sender, and cost only to the receiver.
You post cost only to both the sender and receiver.
You post both quantity and cost to the receiver, and cost only to the sender.
You want to create alternative plan versions for your controlling area, in
addition to version 000. What would you use additional CO versions for?
Response:
To store different budget data
To store different plan data
To store parallel valuation
To store actual-plan variance
What are some of the characteristics of SAP Core Data Services (CDS) views?
Response:
CDS views support authorizations.
CDS views are considered system modifications.
CDS views have ready-to-use content.
CDS views have no latency.
CDS views duplicate data for reporting efficiencies.
You are setting up a direct internal activity allocation in SAP S/4HANA. What are
valid receivers for the activity?
Response:
Statistical overhead order
General ledger account
Network
Cost center
Sales order item
Which of the following statements best describe Product Cost by Period?

Response:
It is used to analyze work in process based on actual costs.
It is used in conjunction with a product cost collector.
It is used for joint production with process orders.
It is used when the focus of controlling is on a stable and continuous production

process.
You have implemented Product Cost by Sales Order in conjunction with revenue-
based results analysis in your organization. For a particular sales order item, you
have the following:
- Plan revenue = 3000

- Plan costs = 2000
- Actual revenue = 1200
- Actual costs = 1000
What data does the system calculate during results analysis?

Response:
Revenue = 1200; Cost of sales = 1000; Reserve = 200
Revenue = 1200; Cost of sales = 800; Reserve = 200
Revenue = 1200; Cost of sales = 1000; WIP = 200
Revenue = 1200; Cost of sales = 800; WIP = 200
What action do you perform to use the Cost-Based Percentage of Completion

(POC) method?
Response:
Costing of an order
Billing of a sales order during production
Setting to profitability analysis
Running the results analysis
Which activity do you perform during period-end in profit center accounting?
Response:
Process distribution cycles
Settle costs
Post activity allocation
Execute template allocation
Which component provides insight into the effectiveness and results for areas of
responsibility within the enterprise?
Response:
Profitability analysis
Results analysis
Profit center accounting
Revenue accounting and reporting
In the Product Cost by Order component, what does the system calculate
depending on the order status?
Response:
WIP at actual costs or variances
Both WIP and variances or only variances
WIP at planned costs or variances
WIP at target costs or variances
Which object controls the tiles a business user can assign to their SAP Fiori
launchpad?
Response:
Tile catalog
App library
Tile group
App finder
Which are mandatory attributes, when you create an operating concern with
costing-based and account-based CO-PA?
Response:
Fiscal year variant
Company code currency in costing-based CO-PA
Second period type
Operating Concern Currency
What is the difference when you perform repost line items (TA: KB61) compared
to manual reposting of costs (KB11n) for a cost center?
Response:
The line item values are validated against the original document
The line item needs a reference to an FI document
There is the option to assign the line item to several receiver objects
The report of the line item is updated in the original F1 document
Which attributes can you configure in the activity type master record?
Response:
Activity type category
Price indicator
Valid cost center categories
CO version
Company code
Which of the following statements are applicable to automatic account

assignment in SAP S/4HANA?
Response:
It can be defined for postings on general ledger accounts of secondary costs type.
It can be defined for postings on general ledger accounts of primary costs type.
It takes precedence over validation and substitution.
It can be overwritten in the application.
When you define assessment cycles for the period-end closing in overhead cost
accounting, which object can you assign to the cycle segment?
Response:
Allocation structure
Costing sheet
Template
Settlement rule
How does SAP S/4HANA capture costs?

Response:
All primary and secondary costs are captured by creating them as cost elements.
Primary and secondary costs are captured in general ledger accounts.
Only primary costs are captured in general ledger accounts.
Secondary costs are captured as secondary cost elements, and NOT as general
ledger accounts.
You post an expense line in an accounting document and enter an internal order
and a cost center as the account assignments. After posting, the system allows
you to settle the posted values from the internal order.
Which settings do the cost center and internal order have?

Response:
Real internal order

Real cost center
Real internal order

Statistical cost center
Statistical internal order

Real cost center
Statistical internal order

Statistical cost center
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4/20/2020 SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates - Full | ERPPrep

SAP Certified Application Associate - SAP S/4HANA for

You got 64 of 68 possible points.

The availability of funds using overall plan value

The availability of funds on period level

The availability of funds in object currency

The availability of funds according to tolerance limits

Quantity structure control

What is the highest reporting level in management accounting?

Use separate segments for each valuation.

Use separate ledgers for each valuation.

Use separate accounts for each valuation.

Variances = Target costs - Delivery value - WIP

Variances = Actual costs - Delivery value - WIP

Variances = Target costs - Delivery value

Variances = Actual costs - Delivery value

Combined quantity and value flow analysis

Production cost calculation

Simplified inventory value determination

Production order settlement to sales order

Your customer uses account-based CO-PA. Which sales documents create an

When do you use an assessment instead of a distribution?

When you need to transfer secondary costs

When you want to consolidate allocated expenses

How do you maintain number intervals/ranges in Controlling?

Which customizing activity do you perform in overhead cost controlling?

Define cost center categories

Define company centers categories

Maintain costing variant parameters

Create value fields

You configured an overhead costing sheet that uses the quantity-based

Cost accounts with the option to record quantity

Settlement rules with valid receiver objects

Activity types with actual or plan quantities maintained

Statistically figures with values for the period

Material master with costing view

Specific costing variants for material costings without quantity structure

Specific valuation variants for material costings without quantity structure

Material master with accounting view and with MRP views

Customer service orders

Work breakdown structure

Which of the following objects can be selected in templates for activity-based

Cost center/activity type

Reassign a cost center to another node of the standard hierarchy.

Append nodes and cost centers to a node of the standard hierarchy.

Create a cost center without specifying a standard hierarchy.

Assign a standard hierarchy to several controlling areas.

Relevance of cost component to inventory valuation

Assignment of cost component to cost component group

Assignment of cost component to calculation base for overheads in costing sheet

Relevance of cost component to results analysis

Relevance of cost component to goods manufactured

Results Analysis (RA) key

Costing variant for preliminary costing

Results Analysis (RA) version

How can you configure cycles for period-end allocation?

Define allocation for the same cost center in multiple segments

Assign several segments to a cycle

Create cycles that iterate with each other

Use different allocation rules within one segment

Set the relevant indicator in the internal order master record.

Set the relevant indicators in the CO version.

Set the relevant indicator in the controlling area.

Profitability Analysis (CO-PA) is activated.