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SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EHP4 Sample Questions:

1. Why do you use variants in reporting? Note: There are 2 correct answers to this question.

A) To optimize the runtime of a report.
B) To predefine values for complex selection screens.
C) To specify parameter values for background processing.
D) To permit quick navigation between CO objects.

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

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

3. A customer wants to allocate overhead costs to a production order. How can the customer achieve that? Note: There are 3 correct answers to this question.

A) Use routings and work centers.
B) Use indirect activity allocation.
C) Use a template.
D) Use a costing sheet.
E) Define an assessment cycle.

4. By which distribution rules can you settle an internal order to different receivers? Note: There are 3 correct answers to this question.

A) By equivalence numbers.
B) By percentage rates.
C) By statistical key figures.
D) By formulas.
E) By amounts.

5. Your New GL customer uses real-time reconciliation of CO and FI. The customer wants to show the value flow of activity allocations between cost centers assigned to different profit centers. What does the customer have to configure? Note: There are 2 correct answers to this question.

A) Select profit center as a characteristic for real time reconciliation between CO and FI.
B) Carry out a reconciliation run for activities types in the new GL.
C) Define a G/L reconciliation account for direct activity allocation.
D) Execute the periodic transfer to profit center accounting.

Solutions: