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For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.

A. Functional areas
B. Cost elements
C. WBS elements (correct)
D. Cost centers (correct)
E. Internal orders (correct)

What are some of the characteristics of SAP Core Data Services (CDS) views? Note: There are 3 correct answers to this question.

A. CDS views duplicate data for reporting efficiencies.
B. CDS views are considered system modifications.
C. CDS views support authorizations. (correct)
D. CDS views have ready-to-use content. (correct)
E. CDS views have no latency. (correct)

You are running an indirect activity allocation. What do you post to the sender and receiver?

A. You post both quantity and cost to the sender, and cost only to the receiver.
B. You post quantity and cost to both the sender and receiver. (correct)
C. You post both quantity and cost to the receiver, and cost only to the sender.
D. You post only cost to both the sender and receiver.

How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question.

C. Use separate ledgers for each valuation. (C), D. Use separate currency types within the same ledger for each valuation. (D) Signup and view all the answers

Which statement best describes cost center standard hierarchy?

A. It is a structure to which all the cost centers within a controlling area are assigned. (A) Signup and view all the answers

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.

A. CE2XXXX (A), D. CE1XXXX (D) Signup and view all the answers

You have implemented Product Cost by Sales Order in conjunction with revenue-based results analysis in your organization. For a particular sales order item, you have the following: Plan revenue = 3000 Plan costs = 2000 Actual revenue = 1200 Actual costs = 1000 What data does the system calculate during results analysis?

C. Revenue = 1200; Cost of sales = 800; WIP = 200 (C) Signup and view all the answers

Where do you define which cost elements are used during internal order settlement? 1 answer

D. Allocation structure (D) Signup and view all the answers

How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question.

B. As percentage rate (B), C. As quantity-based surcharge (C) Signup and view all the answers

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.

C. Define characteristics (C), D. Assign value fields to conditions (D), E. Configure summarization levels (@) Signup and view all the answers

You post a billing document for a sales order with sales order controlling. What data flows to Profit Center Accounting? Note: There are 2 correct answers to this question.

C. Revenues (C), D. Sales deductions (D) Signup and view all the answers

What do you need to set up in order to bring the values from incoming sales orders into account-based Profitability Analysis?

D. An extension ledger of type "S: Line items with technical numbers / deletion possible" (D) Signup and view all the answers

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?

B. One operating concern; three controlling areas (B) Signup and view all the answers

Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.

C. Costing variant for preliminary costing (C), B. Results Analysis (RA) key (B) Signup and view all the answers

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.

B. Relevance of cost component to goods manufactured (B), C. Relevance of cost component to inventory valuation (C), D. Assignment of cost component to cost component group (D) Signup and view all the answers

What can you manage via the account assignment category? Note: There are 2 correct answers to this question.

B. Separate sales order stock (B), A. Accounting via sales order (A) Signup and view all the answers

You want to understand why costs are collected on the sales order item level. What do you need to check in the configuration? Note: There are 3 correct answers to this question.

A. Requirement type (A), C. Account assignment category (C), D. Requirements class (D) Signup and view all the answers

What are some of the unique attributes of an assessment cycle in Controlling? Note: There are 3 correct answers to this question.

B. They use a secondary cost element during transfer. (B), D. They transfer primary and secondary costs. (D), E. They can be defined with an allocation structure. (@) Signup and view all the answers

Which setting in the cost center master data do you use to assign the same attributes to similar cost centers?

B. Cost center category (B) Signup and view all the answers

At which level do you define the valuation method for results analysis?

D. Controlling area (D) Signup and view all the answers

What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item? Note: There are 2 correct answers to this question.

C. The sales order item is assigned to a project. (C), B. Costing-based profitability analysis is activated. (B) Signup and view all the answers

How would you explain automatic account assignment in SAP S/4HANA? Note: There are 2 correct answers to this question.

D. Proposed values take precedence over validation and substitution. (D), A. It can be defined for postings on general ledger accounts of primary costs type. (A) Signup and view all the answers

You configure the commitment management solution for cost centers and projects in your SAP S/4HANA system. Which documents can create commitments against the budget?

B. Purchase requisition for purchasing office materials (B) Signup and view all the answers

In which module do you process profit center allocations in SAP S/4HANA?

B. General ledger accounting (B) Signup and view all the answers

How do you maintain number range intervals for documents in Controlling? Note: There are 2 correct answers to this question.

D. By controlling area (D), B. By business transactions (B) Signup and view all the answers

Which type(s) of Profitability Analysis update(s) the cost of goods sold at the time of delivery only?

A. Margin analysis (A) Signup and view all the answers

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 (A), B. It aims to match revenues for goods and services against sales-related expenses. (B) Signup and view all the answers

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

C. You can plan multiple versions. (C), B. You can enter costs and revenues. (B) Signup and view all the answers

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

D. Valuation variant (D) Signup and view all the answers

What can you do with statistical internal orders? Note: There are 2 correct answers to this question.

B. Simultaneously post to a cost center. (D), D. Perform results analysis. (C) Signup and view all the answers

You have implemented Product Cost by Sales Order in conjunction with cost-based POC results analysis in your organization. For a particular sales order item, you have the following: Plan revenue = 3000, Plan costs = 2000, Actual revenue = 1200, Actual costs = 1000. What data does the system calculate during results analysis?

D. Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300 (D) Signup and view all the answers

To which objects can you settle an internal order using cost elements with cost element category 21 (internal settlement)? Note: There are 3 correct answers to this question.

B. Network (B), D. WBS element (D), C. Sales order item (C) Signup and view all the answers

In the material master record, there are three planned prices: "Planned price 1," "Planned price 2," and "Planned price 3." What do you use them for? Note: There are 2 correct answers to this question.

C. To evaluate the materials in cost estimates (C), D. To valuate future goods movements (D) Signup and view all the answers

What parameters can you set up when defining order types? Note: There are 2 correct answers to this question.

C. Allow revenue postings (C), D. Define default parameters for master record fields (D) Signup and view all the answers

What are characteristics of SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.

B. It uses core data services (CDS) views to create virtual data models (VDMs) for reporting (B), C. It is part of the core SAP S/4HANA license and uses the same technical stack and user interface. (C) Signup and view all the answers

Which model can be used for ABAP cloud-native development?

C. The ABAP Cloud Development Model (C) Signup and view all the answers

To which object do you assign a costing sheet?

B. Valuation variant (B) Signup and view all the answers

In SAP S/4HANA, you have decided to activate only account-based profitability analysis for your organization. You want to settle costs and revenue of a sales order item to a profitability segment. What do you need to configure?

C. A transfer structure (C) Signup and view all the answers

Which processes split costs into their primary cost components? Note: There are 2 correct answers to this question.

B. Business process price calculation (B), D. Cost center/activity type price calculation (D) Signup and view all the answers

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

A. Assessment (A) Signup and view all the answers

For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA?

D. Parallel valuation views of the same logistical flows are needed to differentiate between legal and group valuation (D) Signup and view all the answers

Why would you use manual cost allocation in Controlling? Note: There are 2 correct answers to this question.

B. To run simple allocations of actual data (B), C. To correct secondary postings (C) Signup and view all the answers

You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this? Note: There are 2 correct answers to this question.

C. By marking the cost indicator in the control key assigned to the operation (B), D. By marking the Relevance to Costing indicator in the operation (D) Signup and view all the answers

At what level do you create the structure of the operating concern for margin analysis?

B. Controlling area (B) Signup and view all the answers

In the Product Cost by Order process, what does the system calculate depending on the order status?

C.WIP at actual costs or variances (C) Signup and view all the answers

You want to set up integrated planning for your internal orders. Note: There are 2 correct answers to this question.

B. Set the relevant indicator in the CO version. (B), D. Set the relevant indicator in the internal order master record (D) Signup and view all the answers

Which of the following values can be calculated using results analysis? Note: There are 3 correct answers to this question.

B. Reserves for unrealized costs (B), C. Work in progress (C), E. Cost of sales (@) Signup and view all the answers

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

C. Versión (C) Signup and view all the answers

You are setting up a direct internal activity allocation in SAP S/4HANA. What are valid receivers for the activity? Note: There are 3 correct answers to this question.

B. Internal order (B), A. Sales order item (A), E. WBS element (@) Signup and view all the answers

Which parameters are controlled by the costing type in a costing variant? Note: There are 2 correct answers to this question.

B. Save with date key (B), C. Price updates (C) Signup and view all the answers

What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question.

A. Activity types (A), B. Cost centers (B) Signup and view all the answers

How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.

C. Primary and secondary costs are captured on cost elements. (C), D. Primary and secondary costs are captured in general ledger accounts (D) Signup and view all the answers

What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are 2 correct answers to this question.

A. Value of conditions of the pricing procedure (A), C. Cost of goods sold split by cost components (C) Signup and view all the answers

What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.

A. Establish regular housekeeping tasks and procedure (A), C. Integrate clean core practices in the end-to-end value process chain (C), E. Define roles and responsibilities as part of a process transformation office (@) Signup and view all the answers

Which of the following objects can be selected in templates for activity-based costing? Note: There are 2 correct answers to this question.

A. Business process (A), C. Cost center/activity type (C) Signup and view all the answers

Which of the following API types does SAP recommend to use to achieve clean core Integrations? Note: There are 2 correct answers to this question.

A. SOAP (A), D. OData (D) Signup and view all the answers

You are creating a new activity type and want to maintain plan prices for a cost center. Which attributes must you configure in the activity type master record? Note: There are 3 correct answers to this question.

C. Valid cost center categories (C), D. Activity type category (D), E. Price indicator (@) Signup and view all the answers

Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question.

B. It is used when full cost traceability is needed. (B), C. It is used when controlling by individual production lots or discrete quantities is needed. (C) Signup and view all the answers

You create a new profit center. Which company code(s) is it assigned to by default?

A. All company codes within the controlling area. (A) Signup and view all the answers

How can you populate local variables in Profitability Analysis reports?

D. By user entry during report execution (D) Signup and view all the answers

Which receiver must be allowed in the settlement profile of a product cost collector?

A. Material (C) Signup and view all the answers

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.

A. The availability of funds in object currency (A), D. The availability of funds according to tolerance limits (D) Signup and view all the answers

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.

B. To store data of parallel valuation (B), C. To store different plan data (C) Signup and view all the answers

You want to create a new standard cost estimate based on the quantity structure of the existing standard cost estimate. Which object do you use?

A. Reference variant (A) Signup and view all the answers

You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? Note: There are 3 correct answers to this question.

A. To define the user status (A), C. To set the initial status as Created or Released (C), D. To permit or forbid specific transactions (D) Signup and view all the answers

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?

A. Tracing factor (A) Signup and view all the answers

You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirements must be fulfilled? Note: There are 2 correct answers to this question.

A. Account-based Profitability Analysis must be active. (A), D. The type of the general ledger account must be primary cost/revenue or secondary cost. (D) Signup and view all the answers

What are some of the objectives of Profitability Analysis? Note: There are 2 correct answers to this question.

A. Provide the company with information on the performance of its market segments. (A), C. Allow the company to determine if the sales force achieved their contribution margin goals. (C) Signup and view all the answers

You have activated budget availability control against the overall value for an internal order and entered an overall budget of 10000. Actuals of 10000 were posted in the previous year. You are surprised to realize that a purchase order of 1000 was created for this internal order in the current year. How is that possible? Note: There are 2 correct answers to this question.

B. The difference of 1000 is within the tolerance limits defined in the configuration. (B), D. The cost account is exempted from budget availability control. (D) Signup and view all the answers

What are some of the characteristics of Profit Center Accounting in SAP S/4HANA? Note: There are 2 correct answers to this question.

B. It can be used with period and/or cost of sales accounting. (B), C. It is integrated into the universal journal. (C) Signup and view all the answers

Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question.

B. It is used in conjunction with a product cost collector. (B), C. It is used when the focus of controlling is on a stable and continuous production process. (C) Signup and view all the answers

You are implementing SAP S/4HANA, and you want to run analytical reports off a single data model. How is data reported on in SAP S/4HANA?

B. Reporting on data is available in real-time at every level of detail. (B) Signup and view all the answers

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

A. Determine whether settlement is required. (A), D. Define settlement document type. (D) Signup and view all the answers

Which of the following can you use to explore released APIs?

C. SAP Business Accelerator Hub (C) Signup and view all the answers

Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.

B. Inventory cost estimate of all the materials in one plant (B), D. Standard cost estimate of all the materials in all company codes of a controlling area (D) Signup and view all the answers

You are working in the machinery industry, and you consider implementing cost center budget management. Which functions are available for cost center budget management? Note: There are 2 correct answers to this question.

A. Budget values import with CSV file (A), D. Budget transfer from source cost center to multiple target cost centers (D) Signup and view all the answers

You are considering using commitment management with internal orders. Where do you need to activate commitment management? Note: There are 2 correct answers to this question.

A. In the order type (A), B. In the controlling area (B) Signup and view all the answers

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

B. Using an overhead group and an overhead key (B) Signup and view all the answers

You create a new cost estimate. Which of the following steps are required to update the standard price of the material? Note: There are 3 correct answers to this question.

B. Release the cost estimate. (B), C. Run the cost estimate. (C), D. Mark the cost estimate. (D) Signup and view all the answers