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SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EHP5 Sample Questions:

1. Which of the following is a typical process sequence for selling products from stock?

A) Incoming order -> Goods receipt/transport -> Dunning and payment -> Billing
B) Purchase requisition -> Delivery/transport -> Dunning and payment -> Billing
C) Purchase requisition -> Billing -> Transport/goods receipt -> Dunning and payment
D) Incoming order -> Transport/delivery -> Billing -> Dunning and payment

2. A customer wants to perform cost center planning to reflect different expectations for the future. How can the customer create different plans in parallel?

A) Use different versions.
B) Use different costing variants.
C) Use different planning areas.
D) Use different valuation areas.

3. The system does not allow you to create a primary cost element.
What do you check first?

A) Whether the 6/L account currency is the same as the controlling area currency
B) Whether the balance sheet account exists
C) Whether the P/L account exists
D) Whether the cost element category is valid

4. Which of the following are valid assignments between company code and controlling area?
Note: There are 2 correct answers to this question.

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

5. How is Work in Process (WIP) calculated on a product cost collector?

A) Based on the target cost, depending on the order type settings.
B) Based on the standard cost estimate, independent of the valuation variant settings.
C) Based on actual cost, depending on the order status.
D) Based on target cost, depending on the valuation variant settings.

Solutions: