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What is a secondary cost element used for?

  • External billing
  • Financial reporting
  • Internal cost allocation
  • Material pricing
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What type of costing is used in product cost planning?

  • Actual costing only
  • Standard costing
  • Manual costing
  • Transactional costing
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What does the system use to trace costs to production in product costing?

  • Routing
  • Cost Center
  • Cost Estimate
  • BOM
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What is the function of the KP26 transaction?

  • Plan activity output
  • Create internal order
  • Display FI documents
  • Settle orders
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What enables profit center balance sheet reporting?

  • Document Splitting
  • Cost Splitting
  • Functional Area
  • Budget Control
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Which transaction shows line item report for a cost center?

  • KSB1
  • FBL3N
  • ME23N
  • S_ALR_87013542
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What defines the sender and receiver objects in allocation cycles?

  • Cost Object Rule
  • Distribution Rule
  • Cycle Segment
  • Assessment Cycle
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Which master data is required to post in Cost Center Accounting?

  • Cost Element
  • Purchase Requisition
  • Cost Estimate
  • Internal Order
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What is a costing variant?

  • A version of FI report
  • Template for cost calculations
  • Transaction code
  • Internal memo
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What is the controlling area currency?

  • Reporting-only currency
  • FI company code currency
  • Used for cost accounting
  • Sales revenue currency
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What is used to settle WBS elements in CO?

  • Asset Explorer
  • Allocation Cycle
  • Settlement Rule
  • Transfer Posting
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In SAP CO, what is a statistical key figure?

  • A GL account
  • A type of vendor
  • A non-monetary value for allocations
  • An invoice number
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What defines rules for tracing factors in SAP CO?

  • Plan Cost Sheet
  • Statistical Key Figure
  • Tracing Factor Rule
  • Overhead Structure
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What is a characteristic of an internal order?

  • Long-term posting
  • Always linked to a vendor
  • Temporary tracking tool
  • Used in MM only
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What object is mandatory in all cost allocations?

  • Company Code
  • Profit Center
  • Controlling Area
  • Internal Order
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What report is used to compare plan and actual costs in SAP CO?

  • FBL1N
  • S_ALR_87013611
  • ME2N
  • KSBT
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What ensures that only allowed combinations of cost objects are used?

  • Validation Rule
  • Authorization Object
  • Substitution Rule
  • Profit Center Group
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Which field is mandatory when creating a cost center?

  • Vendor Group
  • Cost Center Category
  • Tolerance Group
  • Payment Term
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What is the definition of a Profitability Segment?

  • GL Entry
  • Sales Order item
  • Unique combination of characteristics
  • Billing type
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What tool is used for real-time profitability analysis in SAP S/4HANA?

  • COPA
  • CO-PC
  • Margin Analysis
  • Internal Orders
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What is necessary to plan output quantities for cost centers?

  • Activity Types
  • Material Numbers
  • Document Types
  • Project Codes
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What enables multiple company codes to be assigned to the same controlling area?

  • Company Code Currency
  • Operating Concern
  • Chart of Accounts
  • Same Fiscal Year Variant
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What does SAP Margin Analysis enable?

  • Vendor Analysis
  • Inventory Valuation
  • Profitability per market segment
  • Asset Tracking
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What controls the creation of internal orders?

  • Number Range Object
  • Order Type
  • Company Code
  • Account Assignment
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Which version is used for plan data in cost planning?

  • Version 0
  • Version 1
  • Version 9
  • All of the above
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What does the term ?Controlling Area? refer to?

  • An organizational unit in logistics
  • A client-specific user group
  • The unit for cost accounting
  • A plant location
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What is the purpose of the activity type in cost center accounting?

  • Defines tax rate
  • Controls depreciation
  • Represents internal activities
  • Indicates profit margins
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Which transaction is used for actual cost posting to cost centers?

  • FB50
  • KP06
  • KB21N
  • KSB1
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What determines the statistical or real nature of a posting?

  • Document Type
  • Account Assignment
  • Posting Key
  • Cost Element Category
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Which element controls integration between FI and CO?

  • Account Group
  • Cost Element Category
  • Company Code
  • Ledger
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