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SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EHP4 Sample Questions:

1. Which of the following are the usage scenarios for Solution Manager? Note: There are 3 correct answers to this question.

A) Optimization
B) Retirement
C) Validation
D) Operations
E) Implementation

2. Your New GL customer uses real-time reconciliation of CO and FI. The customer wants to show the value flow of activity allocations between cost centers assigned to different profit centers. What does the customer have to configure? Note: There are 2 correct answers to this question.

A) Define a G/L reconciliation account for direct activity allocation.
B) Execute the periodic transfer to profit center accounting.
C) Carry out a reconciliation run for activities types in the new GL.
D) Select profit center as a characteristic for real time reconciliation between CO and FI.

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

4. 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 planning areas.
C) Use different costing variants.
D) Use different valuation areas.

5. Which of the following are characteristics of Master Data? Note: There are 2 correct answers to this question.

A) Is used long-term for multiple business processes.
B) Must be assigned on client level.
C) Is a template for transactional data.
D) Is typically assigned to organizational levels.
E) Cannot be changed after creation.

Solutions: