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NEW QUESTION # 36
Which of the following steps are part of the procedure to update the standard price of the material? Note: There are 2 correct answers to this question.
- A. Mark the cost estimate.
- B. Split the costs.
- C. Archive the cost estimates.
- D. Release the cost estimate.
Answer: A,D
NEW QUESTION # 37
Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question.
- A. It is used when the focus of controlling is on a stable and continuous production process.
- B. It is used to analyze work in process (WIP) based on actual costs.
- C. It is used when periodic costs outweigh daily postings.
- D. It is used in conjunction with a product cost collector.
Answer: A,D
NEW QUESTION # 38
Why would you use manual cost allocation in Controlling? Note: There are 2 correct answers to this question.
- A. To correct secondary postings
- B. To run simple allocations of actual data
- C. To allocate costs using an allocation cycle
- D. To run simple allocations of plan data
Answer: A,B
NEW QUESTION # 39
Which of the following statements best describe Product Cost by Period?
Note: There are 2 correct answers to this question.
- A. It is used to analyze costs by individual production lots.
- B. It is used when the focus of controlling is on a stable and continuous production process.
- C. It is used to analyze work in process (WIP) based on actual costs.
- D. It is used in conjunction with a product cost collector.
Answer: B,D
Explanation:
Detailed Explanation: Product Cost by Period (PCP) is typically used with a product cost collector (option B) and is suitable for stable production processes (option C). This method supports continuous cost tracking in repetitive manufacturing scenarios in SAP S/4HANA.
NEW QUESTION # 40
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?
- A. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
- B. Parallel accounting is needed in order to be compliant with different accounting principles.
- C. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
- D. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
Answer: D
NEW QUESTION # 41
You have implemented Product Cost by Sales Oder in conjunction with revenue-based results analysis in your organization.
For a particular sales order item, you have the following:
Plan revenue = 3000; Plan costs = 2000
Actual revenue = 1200; Actual costs = 1000
What data does the system calculate during results analysis?
- A. Revenue = 1200; Cost of sales = 800; Reserve = 200
- B. Revenue = 1200; Cost of sales = 1000; Reserve = 200
- C. Revenue = 1200; Cost of sales = 800; WIP = 200
- D. Revenue = 1200; Cost of sales = 1000; WIP = 200
Answer: C
NEW QUESTION # 42
To which object do you assign a costing sheet?
- A. Cost component structure
- B. Costing type
- C. Costing variant
- D. Valuation variant
Answer: D
Explanation:
Detailed Explanation: In SAP S/4HANA, costing sheets are assigned to valuation variants (option B), which define the parameters for cost estimates, including indirect costs and overheads. This is essential for accurate cost analysis and financial reporting.
NEW QUESTION # 43
You post a billing document for a sales order with sales order controlling.
What data flows to Profit Center Accounting?
Note: There are 2 correct answers to this question.
- A. Sales deductions
- B. Payment discount
- C. Revenues
- D. Order quantity
Answer: A,C
Explanation:
Detailed Explanation:In SAP S/4HANA, revenues and sales deductions are transferred to Profit Center Accounting during billing document posting. This allows companies to assess profitability by profit center accurately.
NEW QUESTION # 44
Which setting in the cost center master data do you use to assign the same attributes to similar cost centers?
- A. Standard hierarchy node
- B. Functional area
- C. Cost center category
- D. Cost center department
Answer: C
Explanation:
Detailed Explanation:The cost center category in SAP S/4HANA allows grouping of similar cost centers, enabling the assignment of consistent attributes and settings, thus streamlining configuration and reporting.
NEW QUESTION # 45
Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.
- A. Costing variant for preliminary costing
- B. Result Analysis (RA) Version
- C. Result Analysis (RA) key
- D. Variance variant
Answer: A,C
NEW QUESTION # 46
Which of the following statements best describe Product Cost by Order?
Note: There are 2 correct answers to this question.
- A. It is used when controlling by individual production lots or discrete quantities is needed.
- B. It is used when full cost traceability is needed.
- C. It is recommended for products with a long production time.
- D. It is used when you perform repetitive manufacturing.
Answer: A,B
Explanation:
Detailed Explanation: Product Cost by Order is suitable for scenarios requiring full cost traceability (option B) and individual control of production lots (option C). This is especially useful in discrete manufacturing environments where specific lot costing is necessary.
NEW QUESTION # 47
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. It takes precedence over validation and substitution.
- B. It can be overwritten in the application.
- C. It can be defined for postings on general ledger accounts of primary costs type.
- D. It can be defined for postings on general ledger accounts of secondary costs type.
Answer: A,C
NEW QUESTION # 48
What master data objects can you set up using time-based fields?
Note: There are 2 correct answers to this question.
- A. Cost centers
- B. Cost elements
- C. Statistical key figures
- D. Activity types
Answer: A,D
Explanation:
Detailed Explanation:Time-based fields in SAP S/4HANA are essential for configuring cost centers and activity types, allowing changes in validity periods and assignments. This enables better tracking and management of resource planning over time.
NEW QUESTION # 49
Which of the following can you use to explore released APIs?
- A. SAP Integration Suite
- B. SAP Business Accelerator Hub
- C. SAP Application Interface Framework
Answer: B
Explanation:
Detailed Explanation: The SAP Business Accelerator Hub (option C) is the platform where users can explore released APIs for various SAP applications, including SAP S/4HANA, facilitating seamless integration and extensibility.
NEW QUESTION # 50
You use a production order with Product Cost by Period and you entered a results analysis key and variance key. How does the system calculate variances in Product Cost by Period?
- A. Variances = Target costs - Delivery value - WIP
- B. Variances = Target costs - Delivery value
- C. Variances = Actual costs - Delivery value - WIP
- D. Variances = Actual costs - Delivery value
Answer: C
NEW QUESTION # 51
Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.
- A. It uses core data services (CDS ) views to create virtual data models (VDMs ) for reporting.
- B. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analysis Tools for reporting.
- C. It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.
- D. It is the core SAP S4/HANA license and users the same technical stack and user interface.
Answer: A,D
NEW QUESTION # 52
What are some of the unique attributes of an assessment cycle in Controlling?
Note: There are 3 correct answers to this question.
- A. They transfer primary and secondary costs.
- B. They can be defined with an allocation structure.
- C. They use a secondary cost element during transfer.
- D. They can be processed in an iterative way.
- E. They use the original cost element during transfer.
Answer: A,B,C
Explanation:
Detailed Explanation:Assessment cycles in SAP S/4HANA Controlling use secondary cost elements for cost transfers, support primary and secondary cost transfers, and can be structured using allocation structures. This allows flexible and accurate distribution of costs across controlling objects.
NEW QUESTION # 53
You create a new profit center. Which company code(s) is it assigned to by default?
- A. All company codes maintained in your authorization profile.
- B. All company codes where profit center accounting is activated.
- C. All company codes within the controlling area.
- D. All company codes to which the profit center standard hierarchy is assigned to.
Answer: C
NEW QUESTION # 54
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?
- A. Periodic-accounting based
- B. Account-based only
- C. Costing-based only
- D. Both account-based and costing-based
Answer: B
NEW QUESTION # 55
Which default values can you configure for the product cost collector?
Note: There are 2 correct answers to this question.
- A. Results Analysis (RA) key
- B. Costing variant for preliminary costing
- C. Results Analysis (RA) version
- D. Variance variant
Answer: A,B
Explanation:
Detailed Explanation:For product cost collectors, you can set default values for the Results Analysis (RA) key and the costing variant for preliminary costing in SAP S/4HANA, streamlining the setup for consistent cost collection across production orders.
NEW QUESTION # 56
Which of the following objects can be selected in templates for activity-based costing?
Note: There are 2 correct answers to this question.
- A. Business process
- B. WBS element
- C. Cost center/activity type
- D. Internal order
Answer: A,C
Explanation:
Detailed Explanation:In SAP S/4HANA, activity-based costing templates allow organizations to assigncosts more accurately based on real activities and processes. Both business processes and cost center/activity type combinations are integral to this approach, ensuring precise allocation of overhead costs to activities directly involved in production or service processes.
NEW QUESTION # 57
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