SAP CO Questions

Q:

The currency of the controlling area must always be the same as the currency of the company code.

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

Explanation:

In cross-company assignments, every company code can be processed in its own currency. You are free to select the controlling area currency.

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Subject: SAP CO

0 3434
Q:

 In 1:n assignments, the operational charts of accounts in all assigned company codes and in the controlling area must be the same.

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:

The charts of accounts must be the same.

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Subject: SAP CO

1 2627
Q:

Which of the following is the highest reporting level within CO-PA?

A. Company code

B. Controlling area

C. Plant

D. Operating Concern

Answer

Answer : D


 


Explanation : Operating concern is the highest reporting level within CO-PA.

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Subject: SAP CO

0 2506
Q:

How can you assign a profit center to a sales order item?

A. The profit center is taken from the customer master record.
B. The profit center can be entered manually.
C. The profit center for the material is set automatically.
D. The profit center can be set with a substitution.

Answer

Answer : B , C , D

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Subject: SAP CO

0 2317
Q:

[CO-OM-CCA] Certain postings to a cost center can be blocked using a cost center indicator. Which of the following blocking indicators can be selected?

A. Material withdrawals             B. Primary costs actual/plan

C. Revenues actual / plan        D. Secondary costs actual/plan

E. Commitments

Answer

Answer : B , C , D , E

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Subject: SAP CO

0 2161
Q:

Explain what is posting key and what does it control ?

Answer

In order to determine the transaction type which is entered in the line item, a two digit numerical is used known as 'Posting Key'
Posting key determines:
a) Account Types
b) Types of posting. Debit or Credit
c) Field status of transaction

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4 2091
Q:

Which of the following is an independent accounting unit within a client?

A. Controlling area

B. Company code

C. Operating concern

D. Plant

Answer

Answer : B


 


Explanation : Company code is an independent accounting unit within a client.

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Subject: SAP CO

0 1936
Q:

[CO-OM-CEL] Expenses in financial accounting that are relevant to cost accounting are recorded in Controlling using :

A. Secondary expenses elements

B. Primary cost elements

C. Primary expenses elements

D. Secondary cost elements

Answer

Answer : B

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Subject: SAP CO

0 1914