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| Section | Objectives |
|---|---|
| Topic 1: Planning, Allocation and Reporting | - Overhead allocation and assessment - Planning methods in CO |
| Topic 2: Product Cost Controlling | - Cost object controlling - Cost estimates and variance analysis |
| Topic 3: Overview of Management Accounting (CO) | - Integration with Financial Accounting (FI) - Organizational structures in Controlling |
| Topic 4: Internal Orders | - Order creation and lifecycle - Settlements and reporting |
| Topic 5: Cost Center Accounting | - Actual postings and allocations - Planning and budgeting |
| Topic 6: Profitability Analysis (CO-PA) | - Reporting and analysis - Account-based and costing-based CO-PA concepts |
1. Which postings can be triggered by the settlement of a production order? Note: There are 3 correct answers to this question.
A) Work in Process (WIP) to profitability analysis.
B) Variance categories to profitability analysis.
C) Variance categories to profit centers.
D) Work in Process (WIP) to FI.
E) Balance of the production order to FI.
2. A customer using account based CO-PA sells material from stock. How is the 'cost of goods sold' transferred and valuated?
A) Material costs are taken from the billing document (valuated according price control).
B) Material costs are taken from the goods issue posting (valuated with cost component structure).
C) Material costs are taken from the goods issue posting (valuated according price control).
D) Material costs are taken from the billing document (valuated with cost component structure).
3. To which organizational level do you have to assign the valuation area to create material costings?
A) Business area
B) Controlling area
C) Plant
D) Company code
4. Where do you have to assign the costing sheet to enable overhead surcharging for material costing?
A) Costing version
B) Costing variant
C) Material cost estimate
D) Material master
5. What are the prerequisites to calculate overhead costs on an internal order? Note: There are 2 correct answers to this question.
A) Define an overhead key.
B) Define a costing sheet.
C) Assign the costing sheet in the order master data.
D) Assign the costing sheet to the costing variant.
Solutions:
| Question # 1 Answer: B,D,E | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: B,C |
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