SAP CO Questions

Explain what is posting key and what does it control ?

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

[CO-OM-CCA] Accounting can be divided into internal and external accounting. Which of the following areas are part of internal accounting?

A. Product Cost Controlling

B. Overhead Cost Controlling

C. Asset Management

D. Financial Accounting

[CO-OM-OPA] When creating an overhead cost order, the settlement rule must be entered in the control data. Which settlement receivers are available for internal orders?

A. Asset
B. Cost center
C.Orders
D. General ledger accounts
E. Vendor

Before you can create cost centers, you must first create a _______ heirarchy.

A. Logical

B. Optimum

C. Complete

D. Standard

The SAP standard includes the standard controlling area ______ which can be used as a template for creating other controlling areas.

A. 1000

B. 0001

C. IDES

D. 0002

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.

[CO-OM-CCA] When a cost center is created, certain basic data must be entered. Which of the following are needed when creating a cost center.

A. Assignment to company code          B. Validity period

C. Assignment to cost element            D. Selection of activity unit

E. Cost center category