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| Section | Objectives |
|---|---|
| Product Cost Controlling | - Cost object controlling - Cost estimation and variance analysis |
| Overhead Cost Controlling | - Cost element accounting - Activity-based costing basics |
| Internal Orders | - Order creation and management - Settlement processes |
| Overview of Management Accounting (CO) | - Integration with Financial Accounting (FI) - Organizational structure in CO |
| Cost Center Accounting | - Reporting and analysis - Planning and budgeting - Actual postings and allocations |
| Profitability Analysis and Profit Center Accounting | - Profit center structure and assignments - Profitability reporting |
1. Which of the following organizational units are maintained in Management Accounting?
Note: There are 2 correct answers to this question.
A) Controlling area
B) Operating concern
C) Business area
D) Functional area
E) Company code
2. A customer wants to define some fields as mandatory in an internal order. How can the customer achieve this?
A) By adjusting the field status variant.
B) By adjusting the field selection in the order type.
C) By indicating the fields as mandatory in the model order.
D) By defining an appropriate selection variant.
3. How can you use resource related billing for sales order items?
A) Assign Dynamic Item Processor (DIP) profiles.
B) Use a Requirement class with an indicator set for resource related billing.
C) Assign production orders with BOMs and routings.
D) Use Easy Cost Planning and Execution Services.
4. What is the advantage of using a key figure scheme in drilldown reports in profitability analysis?
A) The key figure scheme allows the calculating of lines with subtotals in a drill down report.
B) A key figure scheme improves the runtime of the drilldown report.
C) The key figure scheme allows quick access to predefined key figures in the database.
D) A key figure scheme allows for simultaneous access to different databases.
5. Which field in the material master determines if the value of the material stock changes when releasing a cost estimate for this material?
A) Price determination
B) Price control
C) Valuation class
D) Valuation type
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: B |
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