Can you copy Plan & Actual data to profit center Plan
A Question on Cost Center Planner Profile
Financial Statements as defined in SAP
o Balance Sheet
o Profit & Loss Account
o Both above
o Automatic Calculation of Profits
What is the logic behind Account Assignment? {Some multiple choices; Details
not known. Read Account Assignment thoroughly }
1. Which CO Master data has a direct link with other CO Master data?
a) Expenses booking
b)
c)
d)
e)
Assessment cycles
Plan reconciliation
Activity price calculation
Revenue element booking.
a)
b)
c)
d)
e)
Archiving
Summarization
Period lock
All the above
None of the above
a)
b)
c)
d)
e)
f)
a) Yes
b) No
c) Occasionally
a) Yes
b) No
c) Occasionally
15. Is there a difference between planning and budgeting for cost centers?
a)
b)
c)
d)
e)
17. Out of the following which function controls the type of transactions in an
Internal Order
a)
b)
c)
d)
e)
Cost element
Cost Center type
Status of Order
Profit center definition
Period lock
c) Settlement profile
d) At order type level
19. Profitability Analysis highest object is
a)
b)
c)
d)
Controlling area
Operating concern
Hierarchy
None of the above
a)
b)
c)
d)
e)
f)
g)
h)
i)
j)
k)
a)
b)
c)
d)
e)
a) You will be able to define Std Hierarchy valid for some period
b) You will be able to change the cost centers to a different group in the same
hierarchy after the postings are done.
c) Any time we will be able to add more Ccodes to same controlling area
without any additional settings
d) Controlling area definition is year specific
24. A financial posting to a GL not allowed- reason
a)
b)
c)
d)
It is defined as Secondary CE
It is defined as Primary CE
Locked CO postings
None of the above
26.Which CO Master data has a direct link with other CO Master data?
a) Statistical Key figures
b) Activity Type
c) Cost Center
27.Which of the following CO Master data allows you to link to a
statistical CO object during creation?
a)
b)
c)
d)
Assessment
Distribution
Statistical Key figures
None of the above
Expenses booking
Assessment cycles
Plan reconciliation
Activity price calculation
Revenue element booking.
32.Which of the following is not a part of period end closing for Actual s
in CCA?
a)
b)
c)
d)
e)
Distribution
Assessment
Splitting
Re-posting line items
Activity price calculation
Archiving
Summarization
Period lock
All the above
None of the above
Cost element
Cost Center type
Status of Order
Profit center definition
Period lock
Controlling area
Operating concern
Hierarchy
None of the above
a)
b)
c)
d)
e)
Expenses booking
Assessment cycles
Plan reconciliation
Activity price calculation
Revenue element booking.
49. Which of the following is not a part of period end closing for Actual s in CCA?
a)
b)
c)
d)
e)
Distribution
Assessment
Splitting
Re-posting line items
Activity price calculation
50. Which CCA tool is essential for CCA period end closing?
a)
b)
c)
d)
e)
Archiving
Summarization
Period lock
All the above
None of the above
a)
b)
c)
d)
e)
f)
a) Yes
b) No
c) Occasionally
54. Can a cost center produce many activities?
a) Yes
b) No
c) Occasionally
55. Is there a difference between planning and budgeting for cost centers?
a)
b)
c)
d)
e)
57. Out of the following which function controls the type of transactions in an
Internal Order
a)
b)
c)
d)
e)
Cost element
Cost Center type
Status of Order
Profit center definition
Period lock
a)
b)
c)
d)
a)
b)
c)
d)
Controlling area
Operating concern
Hierarchy
None of the above
a)
b)
c)
d)
e)
f)
g)
h)
i)
j)
k)
a)
b)
c)
d)
e)
a) You will be able to define Std Hierarchy valid for some period
b) You will be able to change the cost centers to a different group in the same
hierarchy after the postings are done.
c) Any time we will be able to add more Ccodes to same controlling area
without any additional settings
d) Controlling area definition is year specific
64. A financial posting to a GL not allowed- reason
a)
b)
c)
d)
It is defined as Secondary CE
It is defined as Primary CE
Locked CO postings
None of the above
A.
B.
C.
D.
E.
a.
a. Open items are managed for both the main bank account
and
the
bank
clearing
account.
b. Both the main bank account and the bank clearing account
permit
line
item
displays.
c. The main bank account and the bank clearing account use
the same sort key.
d. The value date in the field status string for both the main
bank
account
and
the
bank clearing account must accept entry.
e. The cash-relevance flag in the master records for both the
main bank account and the bank clearing account must be set.
Bank accounts should be controlled as follows when Cash Management is in use:
a. Open items are managed for both the main bank account
and
the
bank
clearing
account.
b. Both the main bank account and the bank clearing account
permit
line
item
displays.
c. The main bank account and the bank clearing account use
the same sort key.
d. The value date in the field status string for both the main
bank
account
and
the
bank clearing account must accept entry.
e. The cash-relevance flag in the master records for both the
main
bank
account
and
the bank clearing account must be set.
45. Which of the following statements is true about CO production orders?
a.
b.
c.
d.
e.
a.
b.
c.
d.
e.
Value variables
Formula variables
Set variables
Index variables
Key variables
A.
Customer
ledgers
are
contained
with
in
the
CO
application.
B. Customer ledgers are predefined by SAP.
C. Customer ledgers can be maintained using FI-SPL tools.
D. Customer ledgers are used to maintain balances for
Asset Accounting.
69. Which of the following are sets that could contain just a cost center range? (Multi)
A. Basic sets
B. Single-dimension sets
C. Multi-dimension sets
D. Set variable
E. Data sets
70. Which of the following statements accurately reflect the steps
necessary to create a validation /substitution? (Multi)
A.
Select
the
correct
call-up
point
for
the
validation/substitution.
B. Specify which customer special purpose ledgers use the
validation/substitution.
C. Assign the validation/substitution to an organizational
structure.
D. Activate the validation or substitution.
73
75