Sap Co Question and Answer With Explanation

8/18/2019 Sap Co Question and Answer With Explanation

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Contoh Soal Sertifikasi SAP Fundamental

1. Parameter ID is used to…

1. Open a transaction2. Display transaction program ID

3. Set default value for a field4. Display table space of a field5. Display transaction code of a transaction

2. It is possible to combine a three-tier system into one server

TrueFalse

3. Material Documents is created in the background upon completed the following transaction… 1. Purchase Requisition

2. Purchase Order

3. Good Receipt4. Invoice Verification5. Outgoing Payment

4. It is possible to add and delete transactions and folder from the User Menu

TrueFalse

5. When user created Purchase Order in client 200, it can also be found in Client 300.True

False

6. Company Code in SAP represents the following in the actual organization structure…

1. Negotiate Price and sales term to the customer

2. Distributing different types of products to customer

3. Manufacture product4. A location in a plant where materials are differentiated and stored

5. Legal independent accounting unit

7. A process in Procurement where the SAP system is used to simulate pricing schemes from

different vendor is called Source Determination

True

False

8. A client that is used for daily transactions is called…

1. Development client

2. Quality Assurance client3. Training client

4. Sand Box client

5. Production client



9. The followings are the development tools provided within the SAP system, except…

1. ABAP Workbench2. Screen Painter

3. ABAP Interpreter

4. ABAP Dictionary5. All of the above10. A company records all of their employee attendance times including any deviation. In other

words, this company uses the following method:

1. Recording Exceptions

2. Self Service applications3. Cross Application Time Sheet

4. Recording Actual Times

11. The followings are the advantages of posting good receipt by referencing to Purchase Orders,

except…

1. Data from Purchase Order is copied automatically to the Good Receipt transaction2. Purchase Order history is updated upon Good Receipt creation

3. Accounting document relating to Good Receipt transaction is automatically posted

4. Material Document is automatically created containing material information and quantity

5. All of the above

12. The cost and revenues can be posted into the following accounts, except…

1. Customer accounts receivable2. Vendor accounts receivable

3. Accrual account

4. Revenue account

5. Cash clearing account

13. The following statements are TRUE in regards with Recruitment except:

1. When you hire an applicant, you can transfer the applicant data recorded in Recruitment to

Personnel Administration as employee data2. There is a direct integration between Recruitment and Payroll

3. The recruitment sub module may maintain recruitment activities for both external and internal

applicants4. Applicant actions automate processes of recruitment so that the entry of applicant data, receipt

confirmation and letter to applicant can be processed automatically

14. It is possible to change SAP user setting created in client 100 by administrator user who is

currently logged in client 200.

True

False

15. The followings are capabilities of Controlling, except…

1. Internal Orders2. Activity Based Costing



24. SAP ERP HCM suppports payroll functions and regulatory requirements for:

1. 50 countries

2. more than 50 countries3. no more than 50 countries

4. None of the above

25. The followings are TRUE statements in regards with Personnel Cost Planning, except… 1. The results of time evaluation can be used as a data source for Personnel Cost Planning

2. Payroll result and planned payment for position in Organization Management can be used as a

data basis for Personnel Cost Planning.

3. You may create a training budget once a plan has been released4. You may transfer data to mySAP ERP Controlling once a plan has been released

26. The following statements are TRUE in regards to Infotype maintenance, except:1. Through personnel actions you may maintain sequence of infotypes per person

2. Fast Entry allows an employee to maintain several infotypes at once

3. The personnel actions make it possible for an employee to implement several infotypes in a pre-defined sequence

4. If you want to maintain one infotype for an individual person, you may use single-screen

maintenance

27. The followings are data components in SAP system, except…

1. Repository

2. Customizing3. Client

4. User

28. It is possible to change customer address without entering the sales area data.True

False

29. The employee information is stored in SAP R/3 using HR infotypes. The followings areTRUE statement in regards with infotypes, except:

1. It is possible to define the infotype you want to view from the user-specific infotype menu

2. You may create, change, copy, delimit, and delete the infotype records3. Infotypes can be maintained in four various ways

4. The infotype that maintains employee assignment to enterprise structure, personnel structure

and organization plan is Organizational Assignment infotype

30. A layer that consist of buffer is called…

1. Database Laye

2. Communication Layer3. Application Layer

4. Presentation Layer

5. Output Layer



31. To see possible entries for a field, users can press the following key on the keyboard…

1. F1

2. F23. F3

4. F4

5. F5

32. Distribution Channel in SAP is responsible for…

1. Negotiate Price and sales term to the customer

2. Distributing different types of products to customer

3. Manufacture product4. A location in a plant where materials are differentiated and stored

5. Legal independent accounting unit

33. The following transactions may be posted to the G/L accounts …

1. Good receipt

2. Create invoice3. Good issue

4. Create new asset

5. All of the above

34. Several Databases can be used to increase the SAP system performance.

True

False

35. Customer master consists of one of the following data…

1. Client

2. Sales Area3. Company Code

4. All of the above

36. Below is the correct statement in regards with the Organizational elements:1. Organizational plan map your current organizational and reporting structure with various

organizational objects such as organizational units, jobs, positions, and tasks.

2. Person can only hold one position within the organizational structure.3. Jobs are the individual employee assignments in the enterprise.

4. Positions serve as descriptions that apply to several jobs with similar requirements, tasks or

other characteristics

37. The Activity Based Costing (ABC) allows costs to be analyzed at the product level by

calculating the cost of each processes involved.

TrueFalse

38. Account payable is posted to accounting upon creation of the following document… 1. Purchase Requisition



2. Purchase Order

3. Good Receipt

4. Invoice verification5. All of the above

39. The following statement is true regarding the Standard Tool Bar… 1. Standard Tool Bar remains the same regardless the transaction2. Standard Tool Bar can be hidden based on user preference

3. Standard Tool Bar changes based on the transaction being opened

4. Icons in Standard Tool Bar can be customized

40. Several Plants can be assigned to the same Company Code

True

False

41. The following modules can transfer cost related information to Cost center accounting,

except… 1. Production Planning

2. Sales Distribution

3. Material Management

4. Payroll5. Asset Accounting

42. Cost Center Accounting and Profit Center Accounting are the two key capabilities ofEnterprise Controlling.

True

False

43. During Delivery document creation the following activities can also be perfor med, except… 1. Picking

2. Packing

3. Billing

4. Transportation5. Good issue

44. Issuing credit memos are part of functions in billingTrue

False

45. The followings are important structures for employee data maintenance, except:

1. Personnel Structure

2. Enterprise Structure

3. Employee Maintenance Structure4. Organizational Structure



46. Personnel Development module maintains the development and further education for

employees. When it compares the job/position requirements and employee qualifications, it is

called as:1. Job comparison

2. Profile matchup

3. Development plans4. Training and Event Management

47. A person who already occupies a position can have also occupy another position.

True

False

48. Purchase Order consists of the following organization data except…

1. Company Code2. Purchasing Group

3. Purchasing

4. General Data

49. One of the following fields in customer master is maintained at the sales area level…

1. Customer name

2. Customer address3. Shipping Condition

4. Customer phone number

5. Reconciliation Account

50. Billing document can be created by referencing the following documents…

1. Inquiry and Quotation

2. Sales Order and Delivery3. Quotation and Sales Order

4. Delivery Document and Billing Document

51. Which of the following is the example of Organizational Unit?1. Position

2. User

3. Finance Department

4. Manager

5. Finance Manager

52. To allow integration and data exchange between SAP components, the following service is

needed…

1. ALE2. BAPI

3. Method

4. Business Object5. Business Framework



53. Web address can be added into the Favorite folder.

TrueFalse

54. Account receivable is posted to accounting upon creation of the following document… 1. Good issue2. Delivery

3. Billing

4. Sales order

5. All of the above

55. Stakeholders that may be interested in looking at the accounting from an external view points

may include… 1. Customer

2. Share holder

3. Supplier4. Tax agency

5. All of the above

56. During the Invoice Verification process, user can use the following document as areference…

1. Purchase Requisition

2. Purchase Order3. Inquiry

4. Material Document

5. Accounting Document

57. You may book,prebook, or cancel the attendance of Training and Event Management in ….

Process

1. Business Event Preparation

2. Business Event Catalog3. Day to Day Activities

4. Recurring Activities

58. Several storage locations can be assigned to the same Plant

True

False

59. The followings are TRUE statements in regards with integration between appraisal document

with other mySAP components:

1. The integration with SAP SEM enables user to display department goals that is derived fromcorporate goals

2. The integration with Personnel Cost Planning enables user to automatically adopt the

compensation adjustment as a result of follow-on processes



3. The integration with Personnel Development enables user to transfer requirement profiles or

qualifications directly to employees’ individual objective-setting agreement

4. The integration with SAP BW enables user to do analyses on the appraisal results

60. A process which involves taking materials from storage location and preparing them for

delivery is called… 1. Good issue2. Good receipt

3. Picking

4. Packing


61. When posting a payment, the system checks for the following information, except…

1. Account number2. Amount

3. Posting key

4. Posting date5. Bank Key

62. The following information can be found in status bar, except…

1. Client2. Transaction code

3. Response time

4. System ID5. Database type

63. The following is a FALSE statement in regards with SAP HR Personnel Time Management:

1. It administers time accounts, such as leave, illness, attendances2. Plan workforce requirements

3. Valuate actual attendance and absence based on planned working time


64. A ‘/i’ entry instruct the SAP system to…

1. Close current session

2. Open new session3. Delete current session

4. Display overview sessions


65. The following document is created upon completion of billing process…

1. Material Document

2. Delivery Document3. Accounting Document

4. Work Order Document

66. A layer that store all transactions data is called…



1. Database Layer

2. Communication Layer

3. Application Layer4. Presentation Layer

5. Output Layer

67. The following statements are TRUE in regards with steps in recruitment process, except:1. Publish vacant positions in job advertisement

2. Applicant data entry

3. Applicant selection process

4. Reentry applicant data to HCM master data

68. SAP stands for…

1. System, Application and Procedure2. System, Application and Program

3. System, Application and Product

4. System Application Procurement

69. One of the following organization units is part of Sales Area…

1. Sales Group

2. Distribution Channel3. Storage Location

4. Plant

5. Business Area

70. You may only book the person into the training course if the course is offered. In this case,

there must be a determined course date.

TrueFalse

SAP CO Certification Sample Question Set - 1

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Note: Please choose the correct answer.

a) Outbound delivery

b) Creation of the transport order

c) Billing

d) Creation of the sales order

05. A customer uses assessment cycles in cost center accounting. What do you need to do to receive

the results on the profit centers in New General Ledger Accounting?


a) Define and execute the appropriate cycles in New General Ledger Accounting

b) Activate plan integration for profit centers

c) Activate document split for cost centers in New General Ledger Accounting

d) Activate real-time reconciliation between CO and FI

06. You have just run and posted the results of an assessment cycle. Some of the receivers were

incorrectly debited. How can you correct this?


a) Cancel the allocation with the original settings before you correct the receiver entries and rerun the

cycle.

b) Correct the receiver entries and rerun the cycle.

c) Correct the receiver entries and rerun the cycle with a different cycle run group to post only the

corrected results to the first run.

d) Post a manual cost allocation with the same assessment cost element.

07. For which purpose can you use the result of a reference and simulation cost estimate?


a) To calculate a price for an internal activity



a) Incoming order -> Goods receipt/transport -> Dunning and payment -> Billing

b) Purchase requisition -> Billing -> Transport/goods receipt -> Dunning and payment

c) Incoming order -> Transport/delivery -> Billing -> Dunning and payment

d) Purchase requisition -> Delivery/transport -> Dunning and payment -> Billing

15. The system does not allow you to create a primary cost element. What do you check first?


a) Whether the P/L account exists

b) Whether the cost element category is valid

c) Whether the balance sheet account exists

d) Whether the G/L account currency is the same as the controlling area currency

16. Your customer requires a new Report Painter report that displays information both for costs and

statistical key figure quantities. How can you implement this requirement?


a) Define two rows in the same report section.

b) Define two sections in the report.

c) Define two separate reports and combine them in the library.

d) Define two variants for the report.

17. You have posted the results of an assessment cycle run, but some of the assigned receivers were

incorrect. How can you correct this?


a) Correct the receiver entries and rerun the cycle with a different cycle run group to post only the

corrected results to the first run

b) Cancel the allocation with the original settings before you correct the receiver entries and rerun the

cycle



c) Post a manual cost allocation with the same assessment cost element

d) Correct the receiver entries and rerun the cycle. The original run will be canceled automatically

18. Where do you have to activate Commitments Management to enable postings of commitments on

cost centers?


a) In the cost element master record

b) In the standard hierarchy

c) In the controlling area

d) In the cost center master record

19. Which of the following is a typical process sequence for selling products from stock?


a) Purchase requisition -> Delivery/transport -> Dunning and payment -> Billing

b) Incoming order -> Transport/delivery -> Billing -> Dunning and payment

c) Purchase requisition -> Billing -> Transport/goods receipt -> Dunning and payment

d) Incoming order -> Goods receipt/transport -> Dunning and payment -> Billing

20. The system does not allow you to create a primary cost element. What do you check first?


a) Whether the G/L account currency is the same as the controlling area currency

b) Whether the P&L account exists

c) Whether the balance sheet account exists

d) Whether the cost element category is valid



Solutions:

QUESTION: 01

Answer: d

QUESTION: 02

Answer: c

QUESTION: 03

Answer: a

QUESTION: 04

Answer: c

QUESTION: 05

Answer: d

QUESTION: 06

Answer: b

QUESTION: 07

Answer: b

QUESTION: 08

Answer: d

QUESTION: 09

Answer: a

QUESTION: 10

Answer: b

QUESTION: 11

Answer: b, d

QUESTION: 12

Answer: b

QUESTION: 13

Answer: c

QUESTION: 14

Answer: c

QUESTION: 15

Answer: a

QUESTION: 16

Answer: b

QUESTION: 17

Answer: d

QUESTION: 18

Answer: c

QUESTION: 19

Answer: b

QUESTION: 20

Answer: b

Sample Questions:

1. Which of the following statements correct with reference to product cost collector?

Note: There are 2 correct answers to this question.

A. It is a cost object for collecting production costs for manufactured product

B. Costing by lot size is required for product cost collector

C. All the costs for a material during the month is debited to a single product cost collector

D. Product cost collector is a single order created for a material

2. What do you define when you set up an operating concern for costing-based profitability analysis?


A. Functional area

B. Characteristics

C. Value fields

D. Chart of accounts

E. Operating concern currency



3. The controlling department requires the production order variances to be settled to profitability

analysis. How can you achieve this?


A. Set the Variances indicator in the settlement profile.

B. Assign an allocation structure to the settlement profile.

C. Set the To Be Settled in Full indicator in the settlement profile.

D. Assign a PA transfer structure to the settlement profile

4. You want to define some fields as mandatory in an internal order. How can you achieve this?

Note: Please choose correct answer

A. Adjust the field status variant in the order layout.

B. Adjust the field selection in the order type.

C. Define the fields as mandatory in the model order.

D. Define a user status in the status profile

5. What data do you need to set up an accrual calculation with the percentage method?

Note: There are 2 correct answers to this question

A. Cost center or internal order (order category 2) as a credit object

B. Secondary cost element (category 31) as an accrual cost element

C. Accrual settlement rules for the cost center

D. Primary cost element (category 3) as an accrual cost element

6. For which record types can you set up a valuation in costing-based profitability analysis?


A. F – Billing data

B. X – Activity allocation



C. K – Cost center assessment

D. B – Direct posting from Financial Accounting

7. How can you set up segment reporting in New General Ledger Accounting?

Note: There are 2 correct answers to this question

A. Define segment master records in Management Accounting.

B. Activate segment reporting in Customizing.

C. Assign segments in the master record of the profit center.

D. Assign segments in the master record of the cost center.

8. By which distribution rules can you settle an internal order to different receivers?

Note: There are 3 correct answers to this question?

A. Formulas

B. Settlement cost elements

C. Amounts

D. Percentage rates

E. Equivalence numbers

9. You want to plan costs on an internal order. Which of the following options can you use to reduce

manual planning effort?

Note: Please choose correct answer

A. Copy plan to plan

B. Top-down planning for order hierarchies

C. Activity output planning

D. Plan assessment



10. Which of the following terms apply to costing-based profitability analysis?

Note: There are 2 correct answers to this question?

A. Contribution margin

B. Balance sheet statement

C. Segment reporting

D. Cost of sales accounting

Solutions:

Note: If you find any typo or data entry error in these sample questions, we request you to update

us by commenting on this page or write an email on [email protected]

Sample QuestionsThese questions are similiar to the ones asked in the actual Test.

How should I know? I know, because although I got my FI/CO Certification five years back, I have re-certified

with the

latest version of the Associate Certification test.

Before you start here are some Key features of the CO Associate Certification Exam

- The exam is Computer based and you have three Hours to answer 80 Questions.

- The Questions are (mostly) multiple choice type and there is NO penalty for an incorrect answer.

- Some of the Questions have more than one correct answers. You must get ALL the options correct for you

to be

awarded points.

- The Official Pass percentage is 65% (But this can vary). You will be told the exact passing percentage before

your

begin your test.

QUESTION: 01

Answer: A, C

QUESTION: 02

Answer: B, C, E

QUESTION: 03

Answer: A, D

QUESTION: 04

Answer: B

QUESTION: 05

Answer: A, D

QUESTION: 06

Answer: A, D

QUESTION: 07

Answer: B, C

QUESTION: 08

Answer: C, D, E

QUESTION: 09

Answer: A

QUESTION: 10

Answer: A, D

mailto:[email protected]






Q1. Cost elements classify an organization’s valuated consumption of production factors within a

controlling

area. A cost element corresponds to a cost-relevant item in the chart of accounts.

Which of the following are types of cost elements?

(More than one answer is correct)

A. Primary cost elements

B. Revenue cost elements

C. Secondary cost elements

D. Personnel cost elements

Answer:

A, B, C

Cost elements in Controlling (CO) are closely related to the general ledger accounts used in Financial

Accounting (FI). This is because the SAP R/3 System is structured as an Integrated Accounting System:

Cost elements document which costs (differentiated by category) are incurred within a settlement

period, and

in which amount. They provide information concerning the value flow and the value consumption within

the

organization. Cost Element Accounting and Cost Center Accounting/Internal Orders are closely linked in

the

R/3 System. Each posting to an account that is also a cost element, is assigned either to a cost center or

order. This ensures that at period-end the data is subdivided by cost elements and cost centers/internal

orders

for analysis purposes.

Primary Cost/Revenue Elements

A primary cost or revenue element is a cost or revenue-relevant item in the chart of accounts, for which

a

corresponding general ledger (G/L) account exists in Financial Accounting (FI). You can only create the

cost or

revenue element if you have first defined it as a G/L account in the chart of accounts and created it as an

account in Financial Accounting. The R/3 System checks whether a corresponding account exists in

Financial

Accounting.

Examples of primary cost elements include:

• Material costs

• Personnel costs

• Energy costs



Secondary Cost Elements

Secondary cost elements can only be created and administrated in cost accounting (CO). They portray

internal

value flows, such as those found in internal activity allocation, overhead calculations and settlement

transactions.

When you create a secondary cost element, the R/3 System checks whether a corresponding account

already

exists in Financial Accounting. If one exists, you can not create the secondary cost element in cost

accounting.

Examples of secondary cost elements include:

• Assessment cost elements

• Cost elements for Internal Activity Allocation

• Cost elements for Order Settlement

There are no Personnel cost elements in CO

Q2. With reference to the controlling module (CO), which of the following statements are true?


A. Controlling provides information for management decision-making

B. Controlling (CO) and Financial Accounting (FI) are independent components in the SAP system.

C. One of the main task of Controlling is planning.

D. Controlling can be implemented completely independently of FI

Answer:

A, B, C

Controlling provides you with information for management decision-making. It facilitates coordination,

monitoring and optimization of all processes in an organization. This involves recording both the

consumption

of production factors and the services provided by an organization.

As well as documenting actual events, the main task of controlling is planning. You can determine

variances by

comparing actual data with plan data. These variance calculations enable you to control business flows.

Income statements such as, contribution margin accounting, are used to control the cost efficiency of



individual

areas of an organization, as well as the entire organization.

Controlling (CO) and Financial Accounting (FI) are independent components in the SAP system. The data

flow

between the two components takes place on a regular basis.

Therefore, all data relevant to cost flows automatically to Controlling from Financial Accounting. At the

same

time, the system assigns the costs and revenues to different CO account assignment objects, such as

cost

centers, business processes, projects or orders. The relevant accounts in Financial Accounting are

managed

in Controlling as cost elements or revenue elements. This enables you to compare and reconcile the

values

from Controlling and Financial Accounting.

Although Controlling can be implemented independently of FI, there is some basic configuration that

needs to

be done in FI.

(Note: Watch out for the word ‘completely’ in the answer choice!)

Q 3. Overhead Cost Controlling component enables you to plan, allocate, control, and monitor overhead

costs.

Which of the following fall under Overhead Cost Controlling?


A. Cost Element Accounting

B. Cost Center Accounting

C. Internal Orders

D. Activity Based Costing

E. Plant based Costing

Answer:

A, B, C, D

The key areas of Overhead Cost Controlling are:



Cost Element Accounting

Cost and Revenue Element Accounting details which costs and revenues have been incurred. Accrual is

calculated here for valuation differences and additional costs. Cost Accounting and Financial Accounting

are

also reconciled in Cost Element Accounting. This means that the tasks of Cost and Revenue Element

Accounting stretch beyond the bounds of Overhead Cost Controlling.

Cost Center Accounting

Cost Center Accounting determines where costs are incurred in the organization. To achieve this aim,

costs

are assigned to the subareas of the organization where they have the most influence.

By creating and assigning cost elements to cost centers, you not only make cost controlling possible, but

also

provide data for other application components in Controlling, such as Cost Object Controlling. You can

also

use a variety of allocation methods for allocating the collected costs of the given cost center/s to other

controlling objects.

Internal orders

Overhead Orders are internal orders used either to monitor overhead costs for a limited period, or

overhead

incurred by executing a job, or for the long-term monitoring of specific parts of the overhead.

Independently of

the cost center structure, internal orders collect the plan and actual costs incurred, enabling you to

control the

costs continuously. You can also use internal orders to control a cost center in more detail. You can

assign

budgets to jobs. These budgets are then monitored automatically by the SAP system to ensure that they

are

kept to.

Activity-Based Costing

In contrast to the responsibility and function-oriented basis of Cost Center Accounting, Activity-Based

Costing

provides a transaction-based and cross-functional approach for activity output in which several cost

centers

are involved. The emphasis is not on cost optimization in individual departments, but the entire



organization.

Q 4. You can use different currencies in the Controlling component (CO). Which of the following

currencies are

valid in Controlling?


A. Controlling area currency

B. Object currency

C. Exchange rate Currency

Answer:

A, B

The following currencies are valid in Controlling:

• Controlling area currency

The system uses this currency for cost accounting. This currency is set up when you create the

controlling area.

It is based on the assignment control indicator and the currency type.

• Object currency

Each object in Controlling, such as cost center or internal order, may use a separate currency specified in

its

master data. When you create an object in CO, the SAP system defaults the currency of the company

code to

which the object is assigned as the object currency. You can specify a different object currency only if

the

controlling area currency is the same as the company code currency. There is an object currency for the

sender

as well as one for the receiver.

• Transaction currency

Documents in Controlling are posted in the transaction currency. The transaction currency can differ

from the

controlling area currency and the object currency. The system automatically converts the values to the



controlling area currency at the exchange rate specified.

The system always translates actual data with the average rate (exchange rate type M).

You store the exchange rate type for each currency. You can specify a different exchange rate type for

planning

data in the version.

All three currencies are saved in the totals records and the line items. This enables you to use the

different

currencies for evaluations in the information system. This is only possible if you specified that all

currencies

should be updated for the given controlling area.

Q 5. Controlling makes use of two different types of controlling objects, True Controlling Objects &

Statistical

Controlling Objects.

Which of the following are Statistical Controlling Objects?


A. Cost Centers (for account assignment of revenues)

B. Profit Centers

C. Projects

D. Statistical internal Orders

Answer:

A, B, D

For postings in external accounting that use a cost element as the account, you need to use a special

account

assignment logic. This enables the system to ensure that data is reconcilable with all the relevant

application

components. These rules for the account assignment logic always apply for postings in internal

accounting

(Controlling).

Account assignment distinguishes between true and statistical Controlling objects.



True Controlling Objects

• Cost centers (for account assignment of costs)

• Orders (true)

• Projects (true)

• Networks

• Make-to-order sales orders

• Cost objects

• Profitability segments

• Real Estate Objects

• Business Processes

You can use true Controlling objects as senders or receivers.

Statistical Controlling Objects

• Cost centers (for account assignment of revenues)

• Cost centers, if a true account assignment object already exists

• Statistical Internal Orders

• Statistical projects

• Profit centers

You can indicate internal orders and projects in each master record as statistical.

You can also specify Statistical Controlling objects as account assignment objects in addition to true

Controlling objects. You cannot allocate costs on statistical Controlling objects to other objects. Account

assignments are for information purposes only.

Q 6. While working with account assignments, you need to follow certain rules. Which of the following

rules

need to be followed?


A. You need to specify a true Controlling object in each posting item.

B. In each posting item, you can specify up to four statistical Controlling Objects in addition to the true

Controlling Object.

C. The same Controlling Object can be specified as True and statistical in the same posting item.

D. You can make true revenue posting to a real estate object.

Answer:



A, D

The following rules need to be observed for account assignments:

• You need to specify a true Controlling object in each posting item.

You cannot assign to a objects such as a statistical project without specifying a true Controlling object.

• In each posting item, you can specify up to three statistical Controlling objects in addition to the

true

Controlling object.

For example, you can post costs to a cost center and also to a statistical order and a statistical project.

• You cannot specify the same Controlling object as being true and statistical in the same posting

item.

You cannot post to an order and a statistical order in the same posting item.

• You can only make postings to profit centers in addition to true Controlling objects.

This means that costs and revenues are only posted statistically to profit centers. Profit centers are

derived

from true Controlling objects.

When you enter a profit center, it must match the profit center that is assigned from the Controlling

object.

• You need to create P&L accounts as a cost element if you wish to post to them and a Controlling

object.

• You can make true revenue postings to the following:

- A profitability segment

- A make-to-order sales order

- A project with revenues

- An order with revenues

- A real estate object

• You can only post revenues statistically to cost centers and profit centers.

If you specify a cost center or a profit center for a revenue posting, the system treats the object as a

statistical

Controlling object. This means that you must also specify a true Controlling object to which the revenues

are

posted.

The system can automatically derive such an object if account-based profitability analysis is not active.

The

system logs the posting under the object type reconciliation object. The reconciliation object is a



summarized

profitability segment with the characteristics company code, business area, plant, and profit center.

The system also updates a reconciliation object by cost element for postings to a profitability segment

with

costing-based profitability analysis.

The system does not post to reconciliation objects if you specify an additional Controlling object on

which true

revenue postings can be made.

Q 7. The profit center assignment is also passed on from the sales order through the supply chain: sales

order

-> delivery note --> goods issue --> billing document. This means that the when a goods issue is posted,

the

corresponding revenue value for the goods is also passed on to the profit center of the sales order.

A. True

B. False

Answer:

A

It is necessary to assign SD sales orders to profit centers in order to reflect receivables, sales revenues,

and

sales deductions on profit centers.

The profit center assignment is also passed on from the sales order through the supply chain: sales order

->

delivery note-> goods issue-> billing document. This means that the when a goods issue is posted, the

corresponding revenue value for the goods is also passed on to the profit center of the sales order.

Sales orders are divided into header data and item data. Each order item is assigned separately to a

profit

center, since this is the finer level of detail.

The system proposes the profit center of the material in the supplying plant as the default profit center.

Consequently, you usually do not need to enter a profit center manually. This default supports both a

product



creates any necessary clearing lines to ensure that the characteristics produce a balance of zero in each

document.

• Active document splitting: Splitting a document

In this subfunction, the line items are split according to the settings in Customizing (the classification of

the

document and the splitting rule assigned to the document).

• Subsequent processes:

¡ Clearing, such as realized exchange rate differences

For example, you can also use the CO account assignments relating to the costs to post the realized

exchange

rate differences occurring in this subsequent process.

¡ Closing operations, such as foreign currency valuation

You can perform closing operations according to the document splitting characteristics defined.

Q 9. You are not able to create preliminary cost estimate for the product cost collector. What could be

the

reason?

Please choose the correct answer.

(Only one answer is correct)

A. You are using controlling level “production version”

B. You are using controlling level “BOM/Routing”

C. You are using controlling level “production Plant/planning plant”

D. None of the above

Answer:

C

The production process has characteristics whose values are unique to that production process. We

specify

which characteristics are updated for the production process by means of the controlling level. There is

separate controlling level for each plant material and process category. The relevant process category in

cost

object controlling is production. When we create product cost collector, we decide on which level the

costs

should be collected on the product cost collector. We can choose from production version, any



BOM/Routing

combination, material per plant.

When we choose the controlling level production version, the product cost collector is created for the

characteristics material, production plant, planning plant and production version and it is always used in

repetitive manufacturing.

When we choose the controlling level BOM/Routing, the product cost collector is created for the

characteristics

material, production plant, planning plant routing and BOM and it should only be used if the material

doesn’t any

production versions.

When we choose the controlling level production plant/planning plant, the product cost collector is

created for

the characteristics material, production plant and planning plant and it is not possible to create a

preliminary

cost estimate for a product cost collector.

Q 10. There are several master data in CO-PA. This includes Characteristic derivation & valuation. You

have

been asked to explain the key points of valuation. What are they?

Note: There are more than one correct answers to this question.

A. Valuation strategies must be assigned to record types, point of valuation and plan versions when

applicable

to be activated

B. It is mandatory.

C. It supplements or overwrites certain automatically mapped values.

D. It can contain CO-PA costing sheets, sales order management pricing procedures, product cost calls,

and

user exit calls, in a sequence that can be customized.

Answer:

A, D

The key points of valuation are:

• Valuation supplements the data being passed directly from transactions into controlling

profitability

analysis with calculated, retrieved, or otherwise accessed values.



• A Valuation strategy can contain CO-PA costing sheets, sales order management pricing

procedures (in

planning), product cost calls, and user exit calls, in a sequence that can be customized.

• Valuation strategy must be assigned to record types, points of valuation, and plan versions when

applicable to be activated.

• Using valuation is optional. It is merely a tool that can be used in an attempt to get the most

complete and

useful information out of CO-PA.

Sap Co Question and Answer With Explanation

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