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| Section | Weight | Objectives |
|---|---|---|
| Reporting and Period-End Closing | <8% | - Period-end closing process overview - Management accounting reports - Fiori reporting apps |
| Cost Center Accounting | 12%-18% | - Cost center master data - Actual postings and allocations - Planning and budgeting - Period-end closing activities |
| Organizational Assignments and Integration | 8%-12% | - Management accounting organizational structures - Universal Journal integration - Cross-module integration principles |
| Internal Orders | 8%-12% | - Internal order master data - Period-end closing - Settlement rules and processing - Planning and budgeting |
| Profit Center Accounting | 8%-12% | - Reporting and period-end closing - Assignments and integration - Profit center master data |
| Profitability Analysis | 12%-18% | - Account-based profitability analysis - Cost-based profitability analysis - Margin analysis and reporting - Planning and actual postings |
| Product Cost Planning | 12%-18% | - Costing variants and configuration - Cost component structures - Overhead costing - Material cost estimates |
| Cost Object Controlling | 12%-18% | - Product cost by order - Variance calculation and settlement - Product cost by period - Work in process calculation |
1. Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA?
Response:
A) Account type
B) Field status group
C) Account currency
D) Account group
2. What can you define for a user status in the status profile?
Response:
A) The versions for which you can enter plan data
B) The assigned user status after a business transaction is executed
C) The order types for which a user status is valid
D) The business user IDs authorized to change the user status
3. Which cost objects can only be controlled by period?
There are TWO correct answers for this question
Response:
A) Process order
B) Product cost collector
C) Production order
D) Cost object hierarchy
4. 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:
A) Production cost calculation
B) Simplified inventory value determination
C) Production order settlement to sales order
D) Combined quantity and value flow analysis
5. When do you select the percentage method for accrual calculation?
There are TWO correct answers for this question
Response:
A) When you accrue activity-independent costs and an appropriate cost element for defining overhead rates is available
B) When you accrue activity-dependent costs and an appropriate cost element in NOT available
C) When you accrue-dependent costs and an appropriate cost element for defining overhead rates is available
D) When you accrue activity-independent costs and an appropriate cost element is NOT available
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: B,D | Question # 4 Answer: B,D | Question # 5 Answer: A,C |
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