PCIV Quiz 3

For Annual Costing purposes, GSC PCE APAC Team performs the uploading of both Landing condition rates as well as Activity Rates and LEA Rates.

• True

• False

All manufacturing and non-manufacturing entities need to wait for Cost Center Allocation before proceeding with Material Ledger (ML) Close T-Codes.

• True

• False

For the Annual Costing Activity, the related SOX Control is called the INC129. It covers the 4 SAP SOX Countries - Japan, Singapore, Korea and Taiwan.

• True

• False

During the execution of T-Code KSII, the actual price (Actual Cost / Standard Qty of Activities) is calculated.

• True

• False

For Annual Costing Review of Cross Company Costing Materials (CCC), It is important that the Standard Cost is aligned with the SOS Plant. Confirmation and validation with the SOS plant is necessary to ensure the costs are correct.

• True

• False

During CON2, revaluation of activity prices will also apply to non-TECO orders.

(TECO =Technically Completed)

• True

• False

In terms of Annual Costing Review Responsibility, PC/IV Team is responsible for review of ONLY Manufactured/In-house and Subcon materials. The PC/IV team is NOT responsible for the review of materials under the categories of 3rd Party, ICO Legacy and CCC.

• True

• False

There are no journal entries created after executing KKAO and KKS1.

• True

• False

For Annual Costing Purposes, Costing version 01 is always used on CK40N even if it is not yet the Final Costing Run.

• True

• False

Answer explanation

False - Costing Version 01 is only used during the Final Costing Run. During Preliminary costing runs, Costing versions other than 01 are used.

CKMLCP Question:

Difference between "Actual Valuation" and "Preliminary Valuation" is "Price Difference."

• True

• False