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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

Q:

[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

Answer

Answer : A , B , E

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Subject: SAP CO

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

Q:

Which three entries have to be made to define the overhead structure completely?

A. Accrual object(s)                     B. Overhead rates

C. Deferral object(s)                   D. Base cost element(s)

E. Overhead element(s)

Answer

Answer : A , B , D

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Subject: SAP CO

Q:

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

Answer

Answer : B

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Subject: SAP CO

Q:

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

A. Logical

B. Optimum

C. Complete

D. Standard

Answer

Answer : D

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Subject: SAP CO

Q:

[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

Answer

Answer : A , B

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Subject: SAP CO

Q:

[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

Answer

Answer : A , B , C , D

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Subject: SAP CO