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

1. Which of the following views and results does costing based CO-PA provide? Note: There are 2 correct answers to this question.

A) Return on investment.
B) Cost of sales accounting.
C) Balance sheet statement.
D) Periodic accounting.
E) Contribution margin.

2. Which of the following transactions can generate commitments on CO objects automatically? Note: There are 2 correct answers to this question.

A) Purchasing contract
B) Purchasing quotation
C) Purchase requisition
D) Purchase order

3. Which of the following allocation methods in cost center accounting use secondary cost elements? Note: There are 3 correct answers to this question.

A) Periodic reposting
B) Activity allocation
C) Overhead surcharges
D) Distribution
E) Assessment

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

5. 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).

Solutions: