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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Cost Center Accounting | 12%-18% | - Period-end closing activities - Planning and budgeting - Actual postings and allocations - Cost center master data |
| Topic 2: Profitability Analysis | 12%-18% | - Margin analysis and reporting - Cost-based profitability analysis - Account-based profitability analysis - Planning and actual postings |
| Topic 3: Reporting and Period-End Closing | <8% | - Period-end closing process overview - Fiori reporting apps - Management accounting reports |
| Topic 4: Internal Orders | 8%-12% | - Planning and budgeting - Internal order master data - Period-end closing - Settlement rules and processing |
| Topic 5: Cost Object Controlling | 12%-18% | - Product cost by period - Work in process calculation - Variance calculation and settlement - Product cost by order |
| Topic 6: Product Cost Planning | 12%-18% | - Costing variants and configuration - Overhead costing - Material cost estimates - Cost component structures |
| Topic 7: Organizational Assignments and Integration | 8%-12% | - Management accounting organizational structures - Cross-module integration principles - Universal Journal integration |
| Topic 8: Profit Center Accounting | 8%-12% | - Profit center master data - Assignments and integration - Reporting and period-end closing |
1. You need to assign a company code to a controlling are
a. Which settings must be identical for both organizational objects?
There are 2 correct answers to this question.
Response:
A) Fiscal year variant
B) Chart of accounts
C) Posting period variant
D) Currency
2. What does the internal order settlement profile define?
There are THREE correct answers for this question
Response:
A) Whether commitment management is necessary
B) The template allocation
C) The accounting document type
D) The valid receivers
E) Whether settlement is necessary
3. Which order status is relevant for creating work in process (WIP) calculations when you use Product Cost by Order (PCO)?
Response:
A) Delivered
B) Partially released
C) Created
D) Technically completed
4. Which are levels of internal order planning?
There are TWO correct answers for this question
Response:
A) Overall planning
B) Primary and secondary cost and revenue planning
C) Integrated planning
D) Group costing
5. You enter the actual activity quality for work and vacation in the cross-application time sheet.
Which options can you choose in the master data of the activity type to ensure the quantities and values are posted in Management Accounting?
There are TWO correct answers for this question
Response:
A) Manual entry, indirect allocation
B) Manual entry, manual allocation
C) Indirect determination, indirect allocation
D) Manual entry, no allocation
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: C,D,E | Question # 3 Answer: B | Question # 4 Answer: A,C | Question # 5 Answer: B,D |
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