SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 v6.0

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How does material costing support semi-finished and finished materials that are valuated in stock with consistent valuation strategies per company code?

  • A. Costing runs to update the standard prices have to run generally under observation of an external auditor.
  • B. You are only allowed to use one single costing variant to update standard prices per period and company code.
  • C. You are only allowed to use iterative activity prices in material cost estimates which update standard prices.
  • D. You are only allowed to use material cost estimates with quantity structure to update standard prices.


Answer : B

A customer has a 1000 cost centers each with about 100 different primary cost elements.
Select the ranking of cost allocation methods according to the shortest expected runtime
(list the fastest method first).

  • A. Periodic Reposting < Assessment < Distribution
  • B. Assessment < Periodic Reposting < Distribution
  • C. Distribution < Assessment < Periodic Reposting


Answer : B

A customer wants to settle an internal order to cost centers, but receives an error message.
What do you check?

  • A. The system and the user status.
  • B. The sender and receiver to be assigned to the same profit center.
  • C. The PA transfer structure of the order.
  • D. The costing sheet.


Answer : A

In which master record can you enter a profit center directly?
There are 3 correct answers to this question.
Response:

  • A. Material master
  • B. Activity type
  • C. Cost element
  • D. Cost center
  • E. Internal order


Answer : A,D,E

Which of the following statement is true in reference to Financial & Management
Accounting?
Please choose the correct answer.
Response:

  • A. Financial accounting is for internal management whereas Management accounting is for external management like stockholders, financial institutions, government& tax authorities.
  • B. Management accounting is made on the line of standard & legal requirement whereas financial accounting is made as per the internal requirement of the organization.
  • C. Financial accounting is standard as per legal requirement whereas management accounting is flexible& as per the requirement of the management.
  • D. Financial accounting reflects the revenue, cost involved in different area whereas management accounting reflects the profitability of the business.


Answer : C

A customer in a high-inflation country produces goods consuming raw materials with high price differences. Which option allows the roll-up of these price differences to the final product?

  • A. Use moving average price for all materials.
  • B. Use actual activity price determination in Cost Center Accounting.
  • C. Implement Actual Costing in the Material Ledger.
  • D. Implement Transfer pricing in the Material Ledger.


Answer : C

What options are provided by SAP Business Warehouse (SAP BW) when creating financial reports? (Choose two)

  • A. You can display an analysis in Microsoft Access using the Business Explorer viewer.
  • B. You can display an analysis on the Web using Enterprise Portal and BEx Web Analyzer.
  • C. You can convert a Microsoft Excel pivot table query into an SAP BW report.
  • D. You can export a Web report to a BEx Web Analyzer report.


Answer : BD

Which of the following is an application of reference and simulation costing?

  • A. To update the standard price of a reference material.
  • B. To calculate a simulated product without material master
  • C. To calculate a price for an internal activity.
  • D. To create a material costing for simulation purposes.


Answer : B

Which of the following are valid assignments between company code and controlling area?
(Choose two)

  • A. One company code to one controlling area (1:1).
  • B. One company code to multiple controlling areas (1:n).
  • C. Multiple company codes to one controlling area (n:1).
  • D. Multiple company codes to multiple controlling areas (n:n).


Answer : AC

The purpose of SAP Solution Manager is to smoothly integrate various SAP solutions to achieve which of the following? (Choose four)

  • A. Faster internet access
  • B. Optimal access to support
  • C. Faster issue resolution
  • D. Faster implementation
  • E. Optimal support for operations


Answer : B,C,D,E

You have been asked to explain the benefits of integrating CO-PA with SAP Business information Warehousing. What are they?
There are 3 correct answers to this question.
Response:

  • A. Low Volume data
  • B. Cross Application reporting
  • C. Collecting data from different systems
  • D. Combining legacy system data with CO-PA data
  • E. All the above


Answer : B,C,D

You want to create a purchase order item for a non-valuated material. Which of the following must you do?

  • A. Set the indicator for non-valuated goods receipts.
  • B. Set the indicator for goods receipt.
  • C. Select an account assignment category.
  • D. Set the indicator for invoice receipt.


Answer : C

A customer wants to allocate the over absorption/under absorption of cost centers source related to receiver. What is the most accurate allocation rule?
Please choose the correct answer.
Response:

  • A. Assessment of fixed portions based on any value field of the market segments.
  • B. Assessment of posted amounts based on any value field of the market segments.
  • C. Assessment of posted amounts based on any derivation rule of characteristics.
  • D. Assessment of fixed portions based on statistical key figures of the market segment.


Answer : B

Difference between periodic reposting and distributions are
There are 2 correct answers to this question.
Response:

  • A. For periodic reposting separate credit record is written in the sender cost center whereas for distributions no separate credit record is written in the sender cost center.
  • B. In periodic reposting no partner is updated where during distribution the system also updates the partner in the total record for the sender.
  • C. The distribution is used to transfer primary as well as secondary costs whereas periodic reposting is used to transfer primary costs.
  • D. The performance of periodic reposting is better distribution.


Answer : BD

You want to perform results analysis on sales orders and need to use two different methods to reflect different accounting principles such as US-GAAP and IFRS.
How do you achieve this?

  • A. Use two results analysis keys in the sales order items
  • B. Use two requirement classes in the sales order items
  • C. Use two results analysis versions defined in Customizing
  • D. Use two separate sales order items


Answer : C

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Exam contains 255 questions
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