Online Exam Quiz

questionQuestion  1 to 30

What is used to record plan activity output in SAP CO?

  • KP26
  • KS02
  • CJ20N
  • ME11
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What tool can be used to perform overhead calculations?

  • KGI2
  • KSPI
  • KP06
  • KOB1
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What element is used for cost allocation in assessment cycles?

  • Primary Cost Element
  • Activity Type
  • Sender Rule
  • Secondary Cost Element
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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 a real posting in SAP CO?

  • Informational entry
  • Budget posting
  • Financially relevant posting
  • Plan data
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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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What identifies the specific use of a cost element?

  • Account Type
  • Cost Element Category
  • Cost Center Group
  • CO Area
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What kind of order is used to manage investment projects?

  • Maintenance Order
  • Capital Investment Order
  • Internal Order
  • Sales Order
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In SAP CO, which report shows cost center actual/plan/variance?

  • FBL1N
  • S_ALR_87013611
  • ME23N
  • SE16
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What makes it possible to assign multiple cost centers to a user group?

  • User Roles
  • Authorization Object
  • Cost Center Group
  • CO Document
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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 tool allocates overheads based on fixed formulas?

  • Assessment Cycle
  • Distribution Cycle
  • Cost Sheet
  • KP06
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What does SAP recommend replacing Costing-Based CO-PA with?

  • Profit Center Accounting
  • Margin Analysis
  • Fixed Asset Accounting
  • Budgetary Control
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What is the role of a cost element group?

  • Costing method
  • Posting restriction
  • Reporting and planning
  • Tax classification
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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 document is created when settlement is executed?

  • FI Invoice
  • Material Document
  • Accounting Document
  • Sales Order
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What enables profit center balance sheet reporting?

  • Document Splitting
  • Cost Splitting
  • Functional Area
  • Budget Control
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What does plan version control in CO?

  • Legal company names
  • Transaction types
  • Planning data for a time frame
  • Account determination
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Which object type is used for temporary cost tracking?

  • Work Center
  • WBS Element
  • Profit Center
  • Internal Order
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In SAP S/4HANA, which ledger is relevant for CO postings?

  • Special Ledger
  • Extension Ledger
  • Universal Journal (ACDOCA)
  • Consolidation Ledger
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What role does the controlling area currency play?

  • It controls depreciation
  • It ensures consistent reporting
  • It sets up company code
  • It handles purchase orders
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What is the primary purpose of the SAP CO module?

  • Manage payroll
  • Manage financial reporting
  • Manage cost and internal accounting
  • Manage assets
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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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Which cost object is typically used in make-to-order manufacturing?

  • Profit Center
  • Internal Order
  • Sales Order
  • Production Order
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In SAP CO, what does the term "Activity-Based Costing" refer to?

  • Tax strategy
  • Costing based on activities performed
  • Sales report template
  • Asset depreciation
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What is the characteristic feature of Statistical Internal Orders?

  • They post directly to FI
  • They only track revenues
  • They are not used in SAP
  • They are used for reporting only
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What is the difference between assessment and distribution?

  • Distribution uses percentages
  • Assessment uses statistical figures
  • Distribution posts in original accounts
  • Assessment does not affect original account
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What is the SAP T-code to plan internal order costs?

  • KO04
  • KO22
  • KSB1
  • KS01
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What controls the creation of internal orders?

  • Number Range Object
  • Order Type
  • Company Code
  • Account Assignment
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What T-code is used for CO reposting?

  • KB11N
  • KSB1
  • KO01
  • ME23N
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