Cost Center Accounting Quiz

You are working in the machinery industry and you consider implementing cost center budget management. Which functions are available for cost center budget management? Note: There are 2 correct answers to this question.

• Budget values import with CSV file

• Budget transfer from source cost center to multiple target cost centers

• Availability control against monthly budget amount

• Unused budget carry-forward to next fiscal year

Why would you use manual cost allocation in Controlling? Note: There are 2 correct answers to this question.

• To correct secondary postings

• To run simple allocations of plan data

• To run simple allocations of actual data

• To allocate costs using an allocation cycle

For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.

• Cost elements

• Cost centers

• Functional areas

• WBS elements

• Internal orders

What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question.

• Cost elements

• Statistical key figures

• Cost centers

• Activity types

You configure the commitment management solution for cost centers and projects in your SAP S/4HANA system. Which documents can create commitments against the budget?

• Invoice for project related travel expenses

• Goods receipt for production material stock

• Purchase requisition for purchasing office materials

• Purchase order for purchasing a car with direct capitalization

You are running an indirect activity allocation. What do you post to the sender and receiver?

• You post both quantity and cost to the receiver, and cost only to the sender.

• You post only cost to both the sender and receiver.

• You post both quantity and cost to the sender, and cost only to the receiver.

• You post quantity and cost to both the sender and receiver.

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?

• Distribution

• Assessment

• Periodic reposting

• Top down distribution

You are setting up a direct internal activity allocation in SAP S/4HANA. What are valid receivers for the activity? Note: There are 3 correct answers to this question.

• Profit center

• General ledger account

• Sales order item

• Internal order

• WBS element

You are creating a new activity type and want to maintain plan prices for a cost center. Which attributes must you configure in the activity type master record? Note: There are 3 correct answers to this question.

• Output quantity

• Activity type category

• Price indicator

• CO version

• Valid cost center categories

Which statement best describes cost center standard hierarchy?

• It is a structure where all cost centers with the same currency are defined.

• It is a structure to which all cost centers of a client have to be assigned.

• It is a structure where all cost centers within the same operating concern are defined.

• It is a structure to which all the cost centers within a controlling area are assigned.