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QUESTION NO: 1
State the importance of the fiscal year variant in an operating concern.
A. The variant you choose for the operating concern must agree with that of the other areas.
B. Each controlling area assigned to the operating concern and each company code assigned to each of
those controlling areas can have its own fiscal year variant.
C. The fiscal year variant determines the number of posting periods for each fiscal year.
Answer: A,B,C
QUESTION NO: 2
Characteristic derivation signifies the process to determine the characteristic values for all CO-PA
characteristics
A. False
B. True
Answer: B
QUESTION NO: 3
Costing-based CO-PA stores its transaction data in the transaction data tables for Overhead Cost
Management
A. True
B. False
Answer: B
QUESTION NO: 4
How are production variances calculated?
A. None
B. The difference between the actual costs of goods manufactured and standard costs
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Answer: B
QUESTION NO: 6
What does a controlling area represent?
A. Company codes are assigned to controlling areas when organizational structures are defined.
B. The controlling area is an organization unit delimiting the independent cost accounting operations of
the organization, such as cost center accounting .profit center accounting, and order accounting.
Answer: A,B
QUESTION NO: 7
What all can a valuation strategy contain?
A. A valuation strategy can contain CO-PA costing sheets, SD pricing procedures, product costing calls,
and user exit calls in a sequence that can be customized.
B. Nothing.
Answer: A
QUESTION NO: 9
In costing-based Profitability Analysis, the actual data is always updated in the company code currency
A. True
B. False
Answer: B
QUESTION NO: 12
Identify the actual value flows that can be analyzed using the value field analysis function
A. Transfer of billing documents
B. Income sales order from Sales and Distribution
C. Direct postings from Fl and MM
D. Actual costs
Answer: A,B,C
QUESTION NO: 13
What all can you settle in SAP R/3?
A. sales orders (SD)
B. production orders
C. projects (PS)
D. internal orders (CO)
Answer: A,B,C,D
QUESTION NO: 14
Which of the following is the highest level within CO-PA?
A. Operating Concern
B. Plant
C. Controlling area
D. Company Code
Answer: A
QUESTION NO: 15
What do costing sheets consist of?
A. a sequence of user-defined condition types, each of which access a value or performs specific
calculations, as dictated by the definitions of the condition types
B. nothing
Answer: A
QUESTION NO: 16
What is a derivation strategy?
A. None.
B. Derivation strategy is a sequence of steps, where each step uses one derivation technique to calculate
one or more values for one or more characteristics, respectively.
Answer: B
QUESTION NO: 17
The system automatically creates a standard derivation strategy for each operating concern
A. True
B. False
Answer: A
QUESTION NO: 20
The scale basis determines how the system interprets the value or quantity scale for a condition. These
scales can be dependent on a_____ or a______.
A. quantity, currency amount
B. currency amount, quantity
Answer: A
QUESTION NO: 21
To define data structures, you need to copy the required characteristics and value fields of the operating
concern
A. False
B. True
Answer: B
QUESTION NO: 22
What is the Product costing module used for?
A. None