Management Accounting with ERP 6.0 EhP7 Demo Questions

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Management Accounting with ERP 6.0 EhP7 Sample Questions:

1. When can we use planned price manually for an activity type?
A. Where the prices required for rates are determined within the organization.
B. It depends on internally produced activities
C. The rate doesn’t depend on the prices of external suppliers.
D. It is depended on the cost of cost center.

2. The system does not allow you to create a primary cost element. What do you check first?
A. Whether the G/L account currency is the same as the controlling area currency
B. Whether the P/L account exists
C. Whether the balance sheet account exists
D. Whether the cost element category is valid

3. You want to settle an internal order to cost centers, but the system does not allow you to enter a settlement rule. What do you check?
A. Whether the sender and receiver are assigned to the same profit center
B. Whether the Statistical Order indicator is set
C. Whether the PA transfer structure of the order is maintained
D. Whether the costing sheet is maintained

4. Which of the following is the last step of period-end closing in cost object controlling?
A. Work in progress
B. Template allocation
C. Results analysis
D. Settlement

5. The production order uses the product cost by period. Which of the following statements are not correct?
A. Work in progress in calculated at target cost
B. Cost object hierarchy is not possible
C. Settlement must be performed by period
D. Variances are calculated by the amount lying after deducting of value for material already confirmed, WIP from the actual cost.

6. What can you achieve by using a key figure scheme in drilldown reports in profitability analysis?
A. You can access several databases simultaneously.
B. You can calculate lines with subtotals in a drilldown report.
C. You can improve the runtime of the drilldown report.
D. You can create summarization levels with predefined key figures.

7. You need to allocate various expenses booked to a cost center to profit center via assessment. Which of the following statements are correct?
A. You can use secondary cost elements as assessment account.
B. You can able to trace the original account from the receiving object.
C. You cannot use secondary cost elements as assessment account.
D. None of the above.

8. Which of the following is correct with relation to document splitting?
A. You have to activate Inheritance mandatorily if you are using document splitting
B. Document splitting is activated for all company code in a client & cannot be deactivated
C. The default account assignment can be used to replace all account assignments which cannot be derived
D. All the above

9. While working with account assignments, you need to follow certain rules. Which of the following rules need to be followed? (2 correct)
A. You need to specify a true Controlling object in each posting item.
B. In each posting item, you can specify up to four statistical Controlling Objects in addition to the true Controlling Object.
C. The same Controlling Object can be specified as True and statistical in the same posting item.
D. You can make true revenue posting to a real estate object.

10.Which of the following are the typical planning sequences?
A. You plan statistical key figures that are used as tracing factors for periodic reposting, assessment or distributions.
B. You plan activity output as well as the prices for these activity types on each cost center.
C. You plan the primary costs.
D. All the above

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