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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting Questions and Answers

Question 1

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?

Options:

A.

Assessment

B.

Periodic reposting

C.

Top down distribution

D.

Distribution

Question 2

Your enterprise has five company codes assigned to three separate operating charts of accounts.

What is the optimal way of configuring the relationship between operating concerns and controlling area?

Options:

A.

Three operating concerns; three controlling areas

B.

One operating concern; three controlling areas

C.

One operating concern; five controlling areas

D.

One operating concern; one controlling area

Question 3

What can you manage via the account assignment category?

Note: There are 2 correct answers to this question.

Options:

A.

Accounting via sales order

B.

Separate sales order stock

C.

Results analysis key

D.

Costing variant

Question 4

What are some of the characteristics of planning for internal orders?

Note: There are 2 correct answers to this question.

Options:

A.

Availability control can check against plan values.

B.

You can enter costs and revenues.

C.

You can plan multiple versions.

D.

You can define tolerance limits for plan overspend.

Question 5

You want to run an assessment cycle in Margin Analysis to allocate costs during period-end closing for your organization. Which of the following objects can be part of the assessment cycle?

Options:

A.

Tracing factor

B.

Profit center

C.

Source structure

D.

A transfer structure

Question 6

Why would you use manual cost allocation in Controlling?

Note: There are 2 correct answers to this question.

Options:

A.

To run simple allocations of plan data

B.

To run simple allocations of actual data

C.

To correct secondary postings

D.

To allocate costs using an allocation cycle

Question 7

Which field can you select for both reporting in costing-based and account-based Profitability Analysis?

Options:

A.

Record type

B.

Cost element

C.

Version

D.

Value in Controlling Area Currency

Question 8

You want to enable WIP calculation in Product Cost by Period. What do you need to configure?

Options:

A.

Variance variant

B.

Settlement profile

C.

Profitability Analysis (PA) transfer structure

D.

Valuation variant

Question 9

You want to use a template to consider overhead during product costing. How do you assign the template to your material?

Options:

A.

Using a costing key and an overhead key

B.

Using an overhead group and an overhead key

C.

Using an origin group and an overhead group

D.

Using a cost component group and an overhead group

Question 10

How do you maintain number range intervals for documents in Controlling?

Note: There are 2 correct answers to this question.

Options:

A.

By client

B.

By business transactions

C.

By document type

D.

By controlling area

Question 11

Which scenarios can be covered by one single costing run?

Note: There are 2 correct answers to this question.

Options:

A.

Standard cost estimate of all the materials in all controlling areas

B.

Inventory cost estimate of all the materials in one plant

C.

Current cost estimate of all the materials in one plant

D.

Standard cost estimate of all the materials in all company codes of a controlling area

Question 12

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.

Options:

A.

To store different budget data

B.

To store data of parallel valuation

C.

To store different plan data

D.

To store data of alternative plan costing runs

Question 13

How can you populate local variables in Profitability Analysis reports?

Options:

A.

By populating from user parameters

B.

By maintaining the configuration

C.

By defining derivation rules

D.

By user entry during report execution

Question 14

You are setting up costing-based Profitability Analysis for your organization.

What are related configuration activities?

Note: There are 3 correct answers to this question.

Options:

A.

Enable attributed profitability analysis

B.

Configure account determination for COGS split

C.

Define characteristics

D.

Assign value fields to conditions

E.

Configure summarization levels

Question 15

What can you do with statistical internal orders?

Note: There are 2 correct answers to this question.

Options:

A.

Perform budget availability control.

B.

Simultaneously post to a cost center.

C.

Settle to a CO-PA segment.

D.

Perform results analysis.

Question 16

Which statements are relevant to the cost of sales accounting method in profitability management?

Note: There are 2 correct answers to this question.

Options:

A.

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

B.

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

C.

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

D.

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

Question 17

From which tables does SAP S/4HANA select line items in costing-based Profitability Analysis reports?

Note: There are 2 correct answers to this question.

Options:

A.

CE2XXXX

B.

CE4XXXX_ACCT

C.

ACDOCA

D.

CE1XXXX

Question 18

What master data objects can you set up using time-based fields?

Note: There are 2 correct answers to this question.

Options:

A.

Activity types

B.

Cost centers

C.

Cost elements

D.

Statistical key figures

Question 19

Which of the following values can be calculated using results analysis?

Note: There are 3 correct answers to this question.

Options:

A.

Gross margin

B.

Reserves for unrealized costs

C.

Work in progress

D.

Cost of goods manufactured

E.

Cost of sales

Question 20

You want to use budget availability control for your projects and internal orders. What can you check using budget availability control?

Note: There are 2 correct answers to this question.

Options:

A.

The availability of funds in object currency

B.

The availability of funds on a period level

C.

The availability of funds using overall plan value

D.

The availability of funds according to tolerance limits

Question 21

Which of the following objects can be selected in templates for activity-based costing?

Note: There are 2 correct answers to this question.

Options:

A.

Business process

B.

WBS element

C.

Cost center/activity type

D.

Internal order

Question 22

What can you configure in the settlement profile?

Note: There are 2 correct answers to this question.

Options:

A.

Determine whether settlement is required.

B.

Determine an overhead key.

C.

Define a number range for settlement documents.

D.

Define settlement document type.

Question 23

You want to set up integrated planning for your internal orders.

Note: There are 2 correct answers to this question.

Options:

A.

Set the relevant indicator in the controlling area.

B.

Set the relevant indicator in the CO version.

C.

Set the relevant indicator in the planning profile of the order type.

D.

Set the relevant indicator in the internal order master record.

Question 24

How does the system derive the requirement type from the material master data?

Note: There are 2 correct answers to this question.

Options:

A.

Strategy group -> planning strategy -> requirements class -> requirements type

B.

MRP group -> requirements class -> planning strategy -> requirements type

C.

MRP group -> strategy group -> planning strategy -> requirements type

D.

Strategy group -> planning strategy -> requirements type

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Total 80 questions