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SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EHP5 Sample Questions:

1. Which of the following are correct descriptions of profit centers? Note: There are 3 correct answers to this question.

A) Profit centers represent an area of responsibility for cost and revenues.
B) Profit centers are structured in a standard hierarchy.
C) Profit centers are sub units of cost centers.
D) Profit centers are usually structured in the hierarchy by region, function or product.
E) Profit centers are the basic organizational units of profitability analysis.

2. The system does not allow you to create a primary cost element.
What do you check first?

A) Whether the P/L account exists
B) Whether the cost element category is valid
C) Whether the 6/L account currency is the same as the controlling area currency
D) Whether the balance sheet account exists

3. The customer requires a flexible selection of cost elements when starting a Report Painter report. How do you define the report?

A) Using a variable for the cost element group.
B) Using a predefined report template.
C) Using a variable for the report variant.
D) Using a row model with predefined key figures.

4. Which information is transferred when you settle an Internal Order to costing-based CO-
PA?

A) Cost component split of the order cost.
B) Characteristic values of the settlement rule.
C) Variance categories of the internal order.
D) All information of the internal order master data.

5. How is Work in Process (WIP) calculated on a product cost collector?

A) Based on actual cost, depending on the order status.
B) Based on the standard cost estimate, independent of the valuation variant settings.
C) Based on the target cost, depending on the order type settings.
D) Based on target cost, depending on the valuation variant settings.

Solutions: