WorksheetsCost Allocation
Total questions: 11
Worksheet time: 7mins
What is SCOA
Standard Chart of Accounts
Standard Cost Open Accounts
Special Chart of Accounts
Special Cost Open Accounts
Account classes with first digit between 0-3 stands for...
Balance Sheet
Profit & Loss
Account classes with first digit between 4-9 stands for...
Balance Sheet
Profit & Loss
Please choose correct answer:
Shared Accounts 1*
IAS Accounts 2*
Local GAAP Accounts 3*
IAS Accounts 3*
How many digits are for Tagetik positions?
8
10
12
How many digits are for ECCS positions?
8
10
12
Distribution is the process of....
Posting within the same account as source data
Split according to distribution key
No change of cost category within the P&L
Allocation is the process of...
Posting on different account than the source data
Cost category within the P&L can be changed
Split according to allocation key
Reclass is the process of...
Posting on different account than the source data
Change of cost category within the P&L
Split according to reclassification key
What is allocation key?
parameter that allows to determine what part of the total costs (percentage) should be assigned to a specific object.
determines the proportions in which costs are divided
its idea is to distribute the base value as fairly as possible
Please choose correct answer:
Distribution - transfers are done within the same GL account, but into different business area/cost center
Allocation - transfers are done within different GL account
Distribution - transfers are done within different GL account
Allocation - transfers are done within the same GL account
