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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 is the use of CK40N?

  • Plan cost for cost center
  • Create cost sheet
  • Standard Cost Estimate
  • Run Costing Variants
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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 tool allocates overheads based on fixed formulas?

  • Assessment Cycle
  • Distribution Cycle
  • Cost Sheet
  • KP06
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What element defines how data is updated in CO reports?

  • Currency Key
  • Version
  • Value Field
  • Cost Element
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What is used for overhead calculation?

  • Statistical Key Figure
  • Cost Sheet
  • Settlement Rule
  • Profit Center
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What enables real-time integration between FI and CO in S/4HANA?

  • Business Partner Model
  • ACDOCA Table
  • BP Role
  • Segment Reporting
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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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In SAP CO, what does reposting do?

  • Moves costs from one object to another
  • Creates purchase orders
  • Tracks WIP
  • Applies tax rules
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What object is settled at the end of the period in SAP CO?

  • Cost Center
  • WBS Element
  • Statistical Figure
  • Internal Order
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What is a Profit Center used for?

  • Managing materials
  • Internal profitability tracking
  • Posting bank payments
  • Vendor reconciliation
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What is a primary cost element in SAP CO?

  • A fixed asset
  • A cost item derived from FI
  • An internal posting item
  • A statistical value
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What is the use of order type in internal order?

  • Assigns customer master
  • Determines object class
  • Controls planning and settlement
  • Fixes company code
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Which document is created when a posting is made in both FI and CO?

  • Cost Estimate
  • Universal Journal Entry
  • Material Document
  • Asset Document
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What type of order does not require a real settlement?

  • Investment Order
  • Internal Order
  • Statistical Order
  • Capital Order
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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 is the purpose of the Universal Journal in SAP S/4HANA?

  • To merge CO and FI data in a single table
  • To store vendor invoices
  • To track sales orders
  • To create profit centers
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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 enables profit center balance sheet reporting?

  • Document Splitting
  • Cost Splitting
  • Functional Area
  • Budget Control
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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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What is used for automatic posting in product costing?

  • Cost Component Split
  • Material Ledger
  • Reconciliation Account
  • Standard Price
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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 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 does SAP Margin Analysis enable?

  • Vendor Analysis
  • Inventory Valuation
  • Profitability per market segment
  • Asset Tracking
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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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Which object type is used for temporary cost tracking?

  • Work Center
  • WBS Element
  • Profit Center
  • Internal Order
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What is a cost center used for in SAP CO?

  • Tracking legal changes
  • Allocating internal costs
  • Managing vendor payments
  • Posting to the general ledger
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What determines how CO data is displayed in SAP reports?

  • Document Type
  • Report Painter
  • Field Status
  • Output Condition
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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 T-code is used for CO reposting?

  • KB11N
  • KSB1
  • KO01
  • ME23N
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