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| Section | Objectives |
|---|---|
| Topic 1: Cost Center Accounting | - Cost Center Planning and Budgeting - Actual Postings and Allocations |
| Topic 2: Profit Center Accounting | - Profit Center Structure and Maintenance - Transfer Pricing and Reporting |
| Topic 3: Internal Orders | - Settlement of Internal Orders - Order Planning and Budget Control |
| Topic 4: Profitability Analysis (CO-PA) | - Contribution Margin Analysis - Market Segment Definition |
| Topic 5: Organizational Assignments and Basic Settings | - Controlling Area Configuration - Integration with Financial Accounting |
| Topic 6: Product Cost Controlling | - Cost Object Controlling - Costing Runs and Material Costing |
| Topic 7: Month-End Closing Activities | - Settlement and Reconciliation - Overhead Allocation |
1. Which planning transactions create secondary costs on the receivers?
Note: There are 2 correct answers to this question.
A) Activity input planning
B) Plan assessment
C) Transfer of personnel cost from HR
D) Transfer of depreciations from Asset Accounting
E) Plan distribution
2. What planning options do you have on internal orders? Note: There are 3 correct answers to this question.
A) Overall planning
B) Top-down planning for order hierarchies
C) Activity output planning
D) Easy cost planning
E) Unit cost estimate
3. What do cost center categories allow you to do? Note: There are 2 correct answers to this question.
A) Provide default values for new cost centers (for example, block indicators).
B) Determine the usage of cost centers for certain methods of activity allocation.
C) Determine the use of cost centers in cost allocations.
D) Restrict cost center planning to specific cost elements.
E) Restrict the assignment of specific activity types.
4. What does the planner profile in cost center accounting determine?
A) The available planning methods (for example, top-down, forecast).
B) The available planning layouts.
C) The available planning level.
D) The required planning sequence.
5. A company wants to prevent postings of more than 5000 EUR on cost centers by generating an error message. What do you recommend?
A) Creating a validation rule in the IMG.
B) Activating and using availability control for cost centers.
C) Creating a substitution rule in the IMG.
D) Creating a lock amount on the control tab in the cost center master data.
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: A,D,E | Question # 3 Answer: A,E | Question # 4 Answer: B | Question # 5 Answer: A |
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