SAP S/4HANA for Management Accounting (2020) Part 1

SAP S/4HANA can run on non-HANA databases but it is slower. True. False.

SAP HANA is designed for supporting both online transactional processing and online analytic processing. True. False.

The on-premise edition of SAP S/4HANA can interface with SAP Cloud Platform even though it is cloud only. True. False.

Improvements to finance with SAP S/4HANA currently only concern core accounting functions. True. False.

An existing SAP ERP customer can upgrade their existing system to SAP S/4HANA only if they have already implemented new G/L accounting. True. False.

The currency of the controlling area must always be the same as the currency of the company code. True. False.

In 1:n (CO Area : Company Code) assignments, the operational charts of accounts in all assigned company codes and in the controlling area must be the same. True. False.

Which of the following settings are influenced by the cost center category? Choose the correct answer. The default values for the control indicators. The Cost Element. The Company Code.

Every cost center must be assigned to the standard hierarchy. True. False.

Which of the following statements about activity types are correct? Choose the correct answers. The allocation cost element is a mandatory field in the master data of the activity type. The allocation cost element must be a secondary cost element of the type 43. A cost center can only perform activities for another cost center. The price must be planned per cost center and activity type.

You can define master data fields for cost centers, costs, and activity types as time-based. True. False.

The system performance is better for groups if they do not have selection variants. True. False.

You should have separate CO number ranges for actual and plan documents. True. False.

A manual posting of costs or revenues is always related to the Financial Management document. True. False.

A sender check is carried out for the transaction Reposting of Line Items. True. False.

A validation can always contain only one step. True. False.

The substitution is stronger than (has priority over) the validation. True. False.

The internal order can be the sender of a direct activity allocation. True. False.

The system requires the activity type for the direct activity allocation. True. False.

Debiting and crediting with direct activity allocations can be executed with either primary or secondary cost G/L accounts of type primary or secondary costs. True. False.

Which of the following statements about statistical key figures are correct?. Those defined as fixed values are updated from the corresponding posting period onwards, in all of the following posting periods of the fiscal year. Can be used as a basis for periodical allocations. Must be defined within the framework of the activity allocation. Cannot be changed once they have been entered.

One of the advantages of the distribution compared to periodic reposting in the totals record is that distribution represents a complete credit record. True. False.

Which of the following statements about assessment cycles are true?. They can transfer primary and secondary costs. They can use a primary cost element. They can be reversed and repeated as often as required. They can only be used in conjunction with the allocation structure.

You can select individual business transactions for locking from a list of the actual and plan business transactions. True. False.

Which of the following statements are true?. A statistical order can be settled. A real order can be settled.

An accrual order has the order category 2. True. False.

Revenues of orders can be settled to cost centers. True. False.

In the order type, you can set a planning profile. True. False.

You can permit operations in the user status, although the system status prohibits it. True. False.

You can design your own screen layouts for the order master data. True. False.

When you are posting actual costs to a statistical order, you must enter another statistical cost assignment object. True. False.

To facilitate data entry, you can assign a real cost center to a statistical order in the order master record. True. False.

You cannot carry forward open commitment values into the first period of the next fiscal year. True. False.

The costing sheet combines three central elements: calculation base, overhead amount, and debit key. True. False.

In the settlement profile, you can set an allocation structure. True. False.

To clear the costs of your internal order, you can use periodic reposting, distribution, and allocation. True. False.

What happens if a company running on the SAP HANA On-Premise solution uses SAP Analytics Cloud (SAC)? Choose the correct answers. SAC is called using a browser. Access on the company data takes place via reverse proxy. Data is replicated in the cloud. The data remains in the company and doesn't exit the browser.

In the planning profile, you specify groups of master data, e.g. cost centers, statistical key figures, which can be considered during planning. True. False.

Within the availability control, you can define tolerance limits and specify a budget manager. True. False.

You can budget statistical orders. True. False.

Profitability Analysis is ideal when you want to analyze which of the following kinds of data?. The profit margin of a product launched last year. The revenue brought in by the local sales department last month. The contribution margin of the local sales department year to date. The planned fixed asset costs of a new retail store location.

The universal journal table in SAP General Ledger Accounting is: FAGL_SPLINFO. ACDOCA. ACDOCQ. FAGLFLEXA.

Based on which of the following aspects can you divide your enterprise?. The geographical structure of profit centers. The product-related structure of profit centers. The functional structure of profit centers.

Profit center master data is time independent, which means you cannot create different data for different time periods. True. False.

You can assign profit centers to all account assignment objects to which you can post: Production orders. Cost objects. Costs and revenues. Sales orders.

The profit center can be assigned to the sales order item in which of the following ways?. The profit center is derived from the material. The profit center is entered manually. The profit center is set with a substitution. The profit center is taken from the customer master record.

If an allocation in CO results in a change of characteristics relevant for profit center (or a functional area), ____________________________. Which of the following options completes this sentence correctly?. it means that there is no change of the relevant items in the profit and loss statement. it necessitates a manual change of the relevant items in the profit and loss statement. it also leads to change of the affected items in the profit and loss statement.

The segment and profit center can be defined directly in the asset master record. True. False.

A fixed statistical key figure is not transferred to the subsequent period and has to be entered for each individual period. True. False.

Put the following actions into the logical sequence in relation to invoice receipts for purchase orders: Invoice_receipt_created Goods_receipt_created Any_price_differences_assigned_to_the_profit_center Profit_center_determined.

All secondary allocations between CO objects are mapped to the assigned: cost centers. profit centers. functional areas. unit of measure.

If account-based profitability analysis (CO-PA) is not active in your system, the general ledger account is defined as a: profit center account. profit and loss (P&L) account. group account. cost account.

SAP BPC provides flexible drill-down on drivers of profitability, including customer, product, geography, and channel. True. False.

Which of the following are advantages of using SAP BPC (Business Planning and Consolidation) Optimized for SAP S/4HANA?. SAP BPC helps in eliminating data replication. SAP BPC translates customizing and personalization of the classic graphical planning table into a UI configuration. SAP BPC provides access to real-time master data and actual data maintained in SAP S/4HANA. SAP BPC allows document splitting to identify payables and receivables according to their origin at profit center level.

In Transfer Pricing: Group valuation looks at the business transactions from the point of view of the affiliated companies including markups. True. False.

The transfer price in the profit center viewpoint is based on either the external market price or determined as a markup on the cost of goods manufactured (COGM) as seen from the group view or legal view. True. False.

The costing results in Product Cost Planning (PCP) consist of the cost of goods manufactured (COGM) only. True. False.

Which of the following are stages in a product lifecycle?. Product design and specification. Product idea. Continuous improvement. Saturation. Costing run.

At the product design and specification phase, costs can increase as refinements are made to original specifications. True. False.

Which of the following is necessary for the material costing without quantity structure costing method?. Bill of material (BOM). Material master. Bill of trading (BOT).

You want to introduce a modified variant of an existing product into the market. Which costing method do you use to generate the cost estimate?. Reference and Simulation costing. Material cost estimate with quantity structure. Material cost estimate without quantity structure.

Which of the following prices from the SAP S/4HANA application are used by costing items?. Activity prices from cost center accounting. Material prices from materials management. Valuated prices from materials management.

Which of the following data is required for activities processed internally?. Work Center. Resource. Bill of material (BOM).

The modifiable item categories detail screen displays only the allowed fields that are ready for input. True. False.

Which of the following items is derived from the process template?. Internal activity. External activity. Manual process costs. Automatic process costs.

The formulas for the special item categories cannot be longer than: 25 characters. 50 characters. 100 characters. 150 characters.

Each cost estimate that you create is based on a costing variant. True. False.

Which of the following can you determine from the costing sheet?. Purpose of costing. Direct costs to which overhead is to be applied. Master data entries for the application of overhead.

The material cost estimate without quantity structure automatically explodes and valuates logistical structures. True. False.

Which of the following material master views are relevant to costing?. Accounting. Costing. Plant stock. MRP. Forecasting.

Standard price is always equal to the standard cost estimate. True. False.

The purpose of designing material costing without a quantity structure is: To cost materials without accessing routings. To cost materials without accessing BOMs (Bills of material). To cost materials by accessing BOMs (Bills of material). To cost materials by accessing routings.

When can you use material costing without a quantity structure?. When costing and updating prices for new materials. When costing and updating prices for raw materials. When costing using SAP production planning data. When costing using non-SAP production planning data.

List and Details screens are used for entering costing items in unit costing. True. False.

If you make a copy of the material cost estimate from the worklist, any changes in the copied structure do not affect the original cost estimate. True. False.

What is the function of cost component split?. It groups cost elements in cost components when a multi-level structure is costed. It provides an overview of the cost elements in cost components. It allows you to save the cost elements in cost components. It allows you to delete the cost elements in cost components.

When you revaluate the costing structure of a base planning object, what does the yellow status indicate?. A warning. An error. Changes accepted. Information.

A costing variant contains all the information required to execute a material cost estimate. True. False.

You can create various results for the same material using the same costing variant. True. False.

Which of the following cost estimate options is used in the valuation of actual quantity structure with tax-based and commercial prices?. Standard cost estimate. Current cost estimate. Inventory cost estimate. Modified standard cost estimate.

The valuation variant searches the various price sources listed for each strategy in the sequence in which they are entered in the strategy. True. False.

The quantity structure specifies the material costs that can be manually entered in a unit cost estimate. True. False.

What are the forms in which the views for material costing results are available?. Cost component split. Itemization. Customization. Costed multi-level BOM (Bill of material).

The purpose of a cost rollup is to ensure that the costs of goods manufactured (COGM) of all materials in a multi-level BOM are included in the ______________ of the higher-level material. ...cost estimate... ...production estimate... ...original cost of production...

You can assign various cost component structures for each company code and plant combination. True. False.

Determining prices through planned price iteration is a requirement to create primary cost component splits. True. False.

The function of the primary cost component split is to show the ______________ of a product when valuating cost centers/activity types and process costs. ...fixed costs... ...primary costs... ...variable costs...

Overhead costing allocates indirect costs to cost estimates by applying a percentage or quantity-based fixed amount to a specified cost base. True. False.

To determine overhead, you use the ___________ that were posted to the order. ...total costs... ...direct costs... ...indirect costs...

The purpose of Activity-Based Costing (ABC) is to accurately account for _______________ based on a specific cost driver. ...direct costs... ...indirect costs... ...fixed costs...

Material costing with quantity structure can allocate cost parts that are not contained in the BOM or routing. True. False.

A business process is a process or an activity within a company that uses resources and activities from one or more cost centers. True. False.

The process template can include multiple processes or even multiple process templates to allocate as many _________________ as appropriate. ...direct costs... ...indirect costs... ...fixed costs...

What is the correct sequence to perform costing?. Finished products, followed by semi-finished products, followed by raw materials and purchased parts. Raw materials and purchased parts, followed by semi-finished products, followed by finished products. Raw materials and purchased parts, followed by finished products, followed by semi-finished products.

A routing can contain multiple materials involved in the same production process. True. False.

Which of the following functions can the control key in a work center operation specify?. Dimension. Keyword. Capacity planning. Costing.

The parameter key specifies which of the following functions?. Scheduling. Dimension. Keyword. Capacity planning.

The work center describes the quantity of an activity and the location of the operations. True. False.

The quantity structure control ID describes a list of priorities for the BOM and routing through _____________________ and __________________________. ...routing selection keys... ...costing variant... ...quantity structure... ...BOM application...

Which parameters are used by the selection ID to determine which routing it selects first?. Task list type. Plan status. Task list usage. Task list plan.

The explanation facilities enable the cost planner to access the master data directly from the cost estimate screen. True. False.

You can create your own display variants for displaying error logs. True. False.

Which dates are proposed by the system from the costing variant?. Validity dates (from/to) of the cost estimate. BOM (bill of material) date. Valuation date. Routing date. Quantity structure date.

Which of the following prices can you use to valuate the materials in the cost estimate?. Tax-based prices. Planned prices 1, 2 and 3. Price control. Commercial prices.

The system uses the itemization of standard cost estimates to determine: Actual costs for manufacturing order. Target costs for manufacturing order. Revenues of the billed quantity. Cost component split of the product.

The system can detect content errors, such as incorrect prices or quantities. True. False.

Release converts the future standard price to the current standard price. True. False.

Which of the following items is not removed from the database when you delete the current standard cost estimate?. Standard price. Cost component split. Itemization. Link to material master.

Authorization has to be granted in order to make changes to the standard price without making changes to the standard cost estimate. True. False.

While creating a costing run, if some materials are costed with errors, the costing activity is only repeated for these materials before price update is performed. True. False.

The costing run organizes the processing steps and checks the generated material cost estimates. True. False.

The selection list can be used to select materials for a costing run by assigning the ___________ to the selection step. ...material number... ...selection list... ...product...

Which parameters are required to create a costing run?. Company Code. Profit Center. Costing variant. Costing dates.

The Analysis option in the costing run enables only one mass report. When analysis is performed again, the old result is: Overwritten. Saved. Archived.

You need to print the log at each stage of a large costing run. True. False.

The "cost estimates with errors only" procedure is used when only few errors are expected in the costing run. True. False.

In customizing for transfer control, you can specify the cost estimates that can be used. True. False.

Transfer control is taken into account when the material has a cost estimate in one plant, but is valuated by another plant. True. False.

The prerequisites for transfer control to access existing cost estimates are: Cost estimates based on the same cost component structure. Cost estimates not based on the same cost component structure. Same cost component structure assigned to each costing variant of the company code or plant. Different cost component structure assigned to each costing variant of the company code or plant.

The use of the transfer control key is determined by the: Costing variant. Valuation variant. BOM. Quantity structure.