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Question # 4

Which of the following steps are part of the procedure to update the standard price of the material? Note: There are 2 correct answers to this question.

A.

Release the cost estimate.

B.

Archive the cost estimates.

C.

Mark the cost estimate.

D.

Split the costs.

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Question # 5

You create alternative CO versions for your controlling area, in addition to version 0. What would you use additional CO versions for? Note: There are 2 correct answers to this question.

A.

To store data of alternative plan costing runs

B.

To store different plan data

C.

To store data of parallel valuation

D.

To store different budget data

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Question # 6

You use a production order with Product Cost by Period and you entered a results analysis key and variance key. How does the system calculate variances in Product Cost by Period?

A.

Variances = Target costs - Delivery value

B.

Variances = Target costs - Delivery value - WIP

C.

Variances = Actual costs - Delivery value - WIP

D.

Variances = Actual costs - Delivery value

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Question # 7

How do you define the relationship between an operating concern and a controlling area?

A.

Many-to-many (N:M)

B.

Many-to-one (N:1)

C.

One-to-many (1:N)

D.

One-to-one (1:1)

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Question # 8

For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?

A.

Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.

B.

Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.

C.

Parallel accounting is needed in order to be compliant with different accounting principles.

D.

Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.

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Question # 9

You want to maintain a cost component structure. What can you determine for each cost component? Note: There are 3 correct answers to this question.

A.

Relevance of cost component to inventory valuation

B.

Assignment of cost component to calculation base for overheads in costing sheet

C.

Relevance of cost component to results analysis

D.

Relevance of cost component to goods manufactured

E.

Assignment of cost component of cost component group

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Question # 10

What can you configure in the settlement profile? Note: There are 2 correct answers to this question.

A.

Define document management parameters.

B.

Determine an overhead key.

C.

Determine whether settlement is required.

D.

Define a number range for settlement document.

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Question # 11

Which statements are relevant to the cost of sales accounting method in profitability management? Note: There are 2 correct answers to this question.

A.

It presents the costs and revenues information in a format that is ideal for conducting margin analyses.

B.

It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities.

C.

It aims to summarize activity and situational change for a given organizational unit over a period of time.

D.

It aims to match revenues for goods and services against sales-related expenses.

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Question # 12

What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.

A.

You can plan multiple versions.

B.

You can enter costs and revenues.

C.

You can define tolerance limits for plan overspend.

D.

Availability control can check against plan values.

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