Where do you have to activate commitment management to enable postings of commitments on cost centers?
A. In the cost element master record
B. In the controlling area
C. In the cost center master record
D. In the standard hierarchy
You are using top down distribution function in CO-PA planning. Which of the following statements is not correct?
A. It can only be used for automatic planning.
B. Distribute the data from a higher planning level to lower levels.
C. Distributing data that has been planned at one level in CO-PA, to the additional level based on some reference data.
D. Reference data by period or reference data aggregated across the periods.
The difference between Planning vs. Budgeting is as below, which statement is not correct?
A. Unutilized budget can be carried forward in subsequent fiscal year but no such function is available in planning.
B. Planning is cost oriented whereas budgeting is funds oriented.
C. Planning is based on approved funds whereas budgeting is based on funds requested.
D. The planning change easily whereas budgeting is a binding value and new line item created for each changes.
Which of the following is a typical sequence of steps in a Purchase to Pay process?
A. Purchase requisition => Purchase order => Goods receipt => Invoice verification Payment
B. Purchase order => Purchase requisition => Goods receipt => Invoice verification Payment
C. Purchase requisition => Goods issue => Purchase verification => Invoice receipts Payment
D. Purchase requisition => Goods verification => Purchase receipts => Invoice receipts Payment
A certain cost element has conflicting cost center assignments in the Default Account Assignment field (cost element master data) and in the Automatic Account Assignment table (IMG).
What happens when a document is posted with this cost element?
A. The Default Account Assignment (cost element master data) has a higher priority.
B. The system prompts you in a dialog box.
C. The Automatic Account Assignment (IMG) has a higher priority.
D. An error message is displayed.
A customer uses assessment cycles in cost center accounting.
How can the customer see the results on the profit centers in New GL?
A. By activating the real-time reconciliation between CO and FI.
B. By activating document split for cost centers in New GL.
C. By activating plan integration for profit centers.
D. By defining and executing the equivalent cycles in the New GL.
A customer wants to perform results analysis on sales orders and needs two different methods for different accounting principles (for example, US-GAAP, IFRS).
How can the customer achieve this?
A. Use two requirement classes in the sales order item.
B. Use two separate sales order items.
C. Use two results analysis keys in the sales order item.
D. Use two results analysis versions in the IMG.
How is Work in Process (WIP) calculated on a product cost collector?
A. Based on target cost, depending on the valuation variant settings.
B. Based on the target cost, depending on the order type settings.
C. Based on actual cost, depending on the order status.
D. Based on the standard cost estimate, independent of the valuation variant settings.
How can you achieve periodic controlling when a lot size based production scenario is used by logistics? (Choose two.)
A. Use an internal order in addition to the production order.
B. Adjust the default rule in the default values for the production order type.
C. Adjust the costing type of the plan costing variant.
D. Use a product cost collector in addition to the production order.
Many of a company's customers regularly pay less than is charged on their bills, or fail to pay their bills at all. Along with normal dunning letters, the company uses a manual, not IT-based process, to track and resolve these cases.
Which application would you recommend to improve the processing of accounts receivable and to reduce outstanding invoices?
A. SAP Billing Consolidation
B. SAP Credit Management
C. SAP Collections and SAP Dispute Management
D. SAP Cash Management
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