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Question 1:

You configured an overhead costing sheet that uses the quantity-based overhead approach to calculate the overhead amount. What is required for the amount to be calculated?

• Statistically figures with values for the period

• Activity types with actual or plan quantities maintained

• Cost accounts with the option to record quantity

  (Correct)

• Settlement rules with valid receiver objects Explanation

  To apply quantity-based overhead rates, the units of measure must be updated in Controlling (CO).

  You have two options:
  - Set the Record Quantity indicator in the cost element master data.

  - If you want to assign different materials to an object (order, cost center, business process, WBS element, etc.) under the same cost element but with different units of measure, set the Material Origin indicator in the costing view of the material's master record. In addition, materials with different units of measure must have different entries in the "Origin Group" field.

(Correct)

Question 3:

Which customizing do you use for calculating work in progress (WIP)? (There are 3 correct answers for this question)

• Settlement profile table

• Assignment table

  (Correct)

• Posting rule table

(Correct)

• Allocation structure table

• Update table

  (Correct)

  Explanation

  For work in process at actual costs:

  - Define Results Analysis Versions

  - Define Valuation Method (Actual Costs)

  - Define Line IDs

  - Define Assignment

  - Define Cost Elements for WIP Calculation

  - Define Update

  - Define Posting Rules for the Settlement of WIP

  Reference link:

  https://help.sap.com/doc/21ccd8530439414de10000000a174cb4/3.6/en- US/ebfe8c53d7d8ec23e10000000a174cb4.html

  (Correct)

  Question 5:

  What does the internal order settlement profile define?

(There are 3 correct answers for this question)

• The valid receivers (Correct)

• The template allocation

• Whether the settlement is necessary

  (Correct)

• The accounting document type (Correct)

• Whether commitment management is necessary Explanation

  These are attributes which you can maintain in Order settlement profile:

(Correct)

Question 7:

Which component provides insight into the effectiveness and results for areas of responsibility within the enterprise?

• Profit center accounting (Correct)

• Profitability analysis

• Revenue accounting and reporting

• Results analysis

  Explanation

  Profit Center Accounting (EC-PCA) lets you determine profits and losses by profit center using either period accounting or the cost-of-sales approach.

  The main aim of Profit Center Accounting is to determine profit for internal areas of responsibility.

  Reference link:

  https://help.sap.com/doc/374cd953292a424de10000000a174cb4/3.6/en- US/7765cf536db84408e10000000a174cb4.html

(Correct)

Question 9:

Which customizing activity do you perform in overhead cost controlling?

• Define cost center categories (Correct)

• Maintain costing variant parameters

• Create value fields

• Define company centers categories

  Explanation

  "Create value fields" is the customizing activity in Profitability Analysis.

  "Maintain costing variant parameters" is the customizing activity in Product Cost Controlling.

  No any customizing activity called by “Define company centers categories”.

  And "Define cost center categories" is the customizing activity in overhead cost controlling (or Cost Center Accounting)

(Correct)

Question 11:

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?

• Assessment

(Correct)

• Indirect activity allocation • Distribution
• Periodic reposting

Explanation

Assessment is a method of allocating primary and secondary costs in Cost Center Accounting and Activity-Based Costing.

Reference link:

https://help.sap.com/doc/2e11d553088f4308e10000000a174cb4/3.6/en- US/e90dd153c9684608e10000000a174cb4.html

• Use the cost splitting tool on cost centers

• Enter split activity prices manually

• Assign a cost component structure to the CO-version

(Correct)

• Run an activity price calculation (Correct)

Question 13:

For which revenue-carrying cost objects does the system perform results analysis? (There are 3 correct answers for this question)

• Cost center

• Internal order (Correct)

• Business processes

• Customer service orders

  (Correct)

• Work breakdown structure (Correct)

  Explanation

  You can use the revenue-based method with profit realization for:

  · Sales orders

  · Projects

  · Internal orders with revenue, service orders with revenue, maintenance orders with revenue

  Reference link:

  https://help.sap.com/viewer/1352f25ee3eb4c888ae33f034441e4f9/6.02.22/en- US/2ecbd8530439414de10000000a174cb4.html

• Allocation structure

• Credit key

(Correct)

(Correct)

• Calculation base

• Revaluation rate

• Overhead rate

(Correct)

Question 15:

Which default values can you configure for the product cost collector? (There are 2 correct answers for this question)

• Variance variant

• Results Analysis (RA) version

• Results Analysis (RA) key

  (Correct)

• Costing variant for preliminary costing (Correct)

  Explanation
  You can specify the default rule, the planned costing variant, the actual costing variant, and the results analysis key as default values in Customizing. The default rule can no longer be changed in Customizing. Check the default rules in Customizing for Product Cost by Period under -> Product Cost Collector -> Define Default Values for Order Types.

  Reference link:

  https://help.sap.com/doc/21ccd8530439414de10000000a174cb4/3.6/en- US/bea4b9537cceb44ce10000000a174cb4.html

(Correct)

Question 17:

You want to settle primary cost elements and secondary cost elements to different receivers. What do you use?

• Allocation structure

• Source structure

  (Correct)

• Overhead structure

• PA transfer structure Explanation

  The source structure includes several source assignments. A source assignment groups together debit cost elements that are settled according to the same distribution rules.

  This enables you to settle direct costs differently than indirect costs, for example. All direct costs are grouped together in a source assignment and assigned to one or more receivers in the settlement rule. All indirect costs are grouped together in a separate source assignment and assigned to a different receiver in the settlement rule.

  You only need to define a source structure if you want to settle different source groups to different receivers.

  Reference link:

  http://saphelp.ucc.ovgu.de/NW750/EN/d6/cbd8530439414de10000000a174cb4/fram eset.htm#:~:text=The%20allocation%20structure%20assigns%20the,to%20one%20settl ement%20cost%20element

  (Correct)

Question 19:

When do you use an assessment instead of a distribution? (There are 2 correct answers for this question)

• When you want to view the original cost elements on the receiver

• When you want to consolidate allocated expenses

  (Correct)

• When you need the option to reverse the cycle as often as required

• When you need to transfer secondary costs

  (Correct)

  Explanation
  Assessment is a method of allocating primary and secondary costs in Cost Center Accounting and Activity-Based Costing. The following information is passed on to the receivers:

  - The original cost elements are assigned cumulatively, or in groups, to assessment (secondary) cost elements. The original cost elements are not recorded on the receivers.

  - Sender and receiver information (sender cost center, receiver cost center, or business process) appears in the Controlling (CO) document.

  Allocation through assessment is useful when the composition of the costs is unimportant for the receiver. For example, the assessment of cafeteria costs to a cost center need not be broken down further.

  Reference link:

  https://help.sap.com/doc/2e11d553088f4308e10000000a174cb4/3.6/en- US/e90dd153c9684608e10000000a174cb4.html

• Reference variant (Correct)

Question 21:

Which cost objects can only be controlled by period? (There are 2 correct answers for this question)

• Cost object hierarchy (Correct)

• Product cost collector (Correct)

• Production order

• Process order Explanation

  You can use the following cost objects in Product Cost by Period: · Product cost collectors

  · Cost object hierarchies with their cost object nodes and assigned objects (such as materials)

  Reference link:

  https://help.sap.com/viewer/1352f25ee3eb4c888ae33f034441e4f9/6.00.29/en- US/b8a839531d37e447e10000000a441470.html

(Correct)

Question 23:

At which level can you assign a valuation strategy in CO-PA? (There are 2 correct answers for this question)

• Record type (Correct)

• Sales order type

• Costing key

• Point of valuation

  (Correct)

  Explanation
  You can define a valuation strategy in relation to the point of valuation, the record type, and the plan version (if applicable).

  Reference link:

  http://saphelp.ucc.ovgu.de/NW750/EN/ea/1c4c5305ebe647e10000000a441470/fram eset.htm

  Question 24:

• Assignment of cost component to cost component group (Correct)

(Correct)

(Correct)

• The relevance of cost component to results analysis

• The relevance of cost component to goods manufactured

• Assignment of cost component to calculation base for overheads in costing sheet

• The relevance of cost component to inventory valuation

Question 25:

You perform a settlement with a primary cost account which is different from the cost account you used to post the original expense. Which object is a valid receiver for the settlement?

• Internal order

• WBS element

• Cost center

• Fixed asset

  (Correct)

  Explanation

  There are some conditions under which it is not possible to settle by cost element to an asset under construction. One of these is when the original debit is a secondary cost, for example, for internal activity allocation. The reason is that there is no corresponding expense account for secondary costs. Therefore, you have to settle secondary cost elements using a settlement cost element.

  Reference link:

  https://help.sap.com/doc/cda2c6535e601e4be10000000a174cb4/3.6/en- US/62a1c6535e601e4be10000000a174cb4.html

• Costs are entered. (Correct)

(Correct)

• Tolerance limits are defined.

• Multiple versions are allowed.

Question 27:

What are some of the characteristics of Profit Center Accounting in SAP S/4HANA? (There are 2 correct answers for this question)

• It can be used in the settlement rule for internal orders.

• It is possible to derive the profit center from the segment in configuration

• It is integrated into the universal journal

  (Correct)

• It can be used with period and/or cost of sales accounting. (Correct)

  Explanation
  Profit Center Accounting in SAP S/4HANA:

  · Profit Center Accounting allows profitability reports by period or cost-of-sales accounting. The object of defining Profit Centers is to draw financial statements, profit and loss statement / balance sheet for each area of responsibility company

  · As Profit Center Accounting is integrated in ACDOCA Table, Businesses do not require to do reconciliations amongst Financial Accounting – Controlling – Center Accounting

  Reference link:

  https://eursap.eu/2018/11/13/blog-sap-s4hana-profit-center-accounting/

(Correct)

Question 29:

Why would you use manual cost allocation in Controlling? (There are 2 correct answers for this question)

• To run simple allocations of actual data (Correct)

• To correct secondary postings (Correct)

• To run simple allocations of plan data

• To allocate costs using an allocation cycle Explanation

  Manual cost allocation involves posting secondary costs manually. The system credits a sender object (for example, a cost center) and debits a receiver object (for example, an order). Until now, you could only use automatic methods for cost allocation (such as assessment or distribution (see: Assessment , Distribution ).

  You can use manual allocation to:
  · Avoid the need for complicated Customizing settings for simple allocations · Manually transfer external data
  · Make simple adjustments to incorrect secondary postings.
  Reference link:

  https://help.sap.com/doc/21ccd8530439414de10000000a174cb4/3.6/en- US/6d10d553088f4308e10000000a174cb4.html

(Correct)

Question 31:

For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA?

• Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation.

  (Correct)

• Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.

• Parallel costing is needed in order to calculate the separate costs of goods manufactured for different accounting principles.

• Parallel accounting is needed in order to be compliant with different accounting principles.

  Explanation

  The three different views of business transactions - those of the individual company, the group as a whole and the profit center - are referred to as valuations or valuation views:

  1. Group view , in which business transactions within the group are represented using group-wide cost rates

  2. Profit center view , in which business transactions between profit centers are valuated using managerial or controlling rates.

  3. Legal view , in which business transactions between affiliated companies are valuated using external sales prices

  Reference link:

https://help.sap.com/doc/374cd953292a424de10000000a174cb4/2.6/en- US/226dd7531a4d424de10000000a174cb4.html

• Company code currency (Correct)

(Correct)

• Group currency

• Controlling area currency

• Operating concern currency

Explanation

Currency types for costing-based are in the below picture:

Question 33:

How do you maintain number intervals/ranges in Controlling?

• By posting key

• By document type

• By company code

• By business transactions

  (Correct)

  Explanation

  You define number ranges in Customizing under -> Controlling: -> General -> Organization -> Maintain Number Ranges for CO Documents.

  You can:
  · Create business transaction groups

· Assign business transactions to business transaction groups

· Maintain number range intervals for individual business transaction groups

· Maintain number range intervals and number range statuses in the controlling area

Reference link:

https://help.sap.com/saphelp_me60/helpdata/EN/fd/41de531ed3424de10000000a17 4cb4/content.htm?no_cache=true

(Correct)

Question 35:

You want to configure different cost centers in your company. Which setting in the cost center master data will you use to assign the same attributes to similar cost centers?

• Cost center category (Correct)

• Cost center type

• Functional area

• Activity type

  Explanation
  Cost Center categories enable you to assign the same characteristics to similar cost centers. For example, you can allow particular activity types only for particular cost centers. This is useful to prevent production activities from being posted to administrative cost centers by mistake.

Reference link:

https://wiki.scn.sap.com/wiki/display/ERPFI/Cost+Center+Categories

(Correct)

Question 37:

What must the referenced cost estimate and the receiving cost estimate have in common?

• The cost component structure

• The quantity structure

  (Correct)

• The company codes

• The plant

Explanation

You can create separate material cost estimates ( with and without quantity structure) or costing runs using the same quantity structure, by copying existing cost estimates.

Reference costing enables you to create a cost estimate using the quantity structure of an existing cost estimate.

Reference link:

https://help.sap.com/doc/6297d7531a4d414de10000000a174cb4/1610%20002/en- US/8995d7531a4d414de10000000a174cb4.html

• Segment
• Profitability segment

(Correct)

• Profit center (Correct)

Question 39:

Which parameters are controlled by the costing type in a costing variant? (There are 2 correct answers for this question)

• Price for materials

• Save with date key

  (Correct)

• Costing sheet

• Price updates

  (Correct)

  Explanation

  The below screenshot show Price Update in the Costing Type configuraton:

The below screenshot show Save Parameter in the Costing Type configuraton:

(Correct)

Question 41:

You are setting up a costing-based Profitability Analysis for your organization. How do you configure the different market segments?

• As characteristics (Correct)

• As value fields

• As key figures

• As divisions Explanation

List of market segment with Object Type Characteristic:

https://help.sap.com/doc/ff823b54b720024be10000000a44176d/3.6/en- US/a09823544fd91d6ee10000000a441470.html

• A calculation formula

• A price difference profile

• A cost splitting profile

(Correct)

• A variable cost field in ACDOCA (Correct)

Question 43:

Which parameters can you enter when you create a costing run? (There are 3 correct answers for this question)

• Production version

• Costing version

  (Correct)

• Transfer control

(Correct)

• Costing variant (Correct)

• Valuation variant Explanation

  The below picture is description when you create a costing run:

(Correct)

Question 45:

Which scenarios can be covered by the costing run? (There are 2 correct answers for this question)

• Product cost collector cost estimate in one plant

• Current cost estimate of all the materials in all-controlling areas

  (Correct)

• Inventory cost estimate of all the materials in one plant

• Standard cost estimate of all the materials in all plants of a controlling area

  (Correct)

  Explanation

  You can update the results of costing runs in the price fields of the material master. You can transfer the results of the standard cost estimate as well as those of the inventory cost estimate, modified standard cost estimate and the current cost estimate into the material master.

  Reference link:

  https://help.sap.com/doc/6297d7531a4d414de10000000a174cb4/1610%20002/en- US/2394d7531a4d414de10000000a174cb4.html

  (Correct)

https://help.sap.com/doc/2e11d553088f4308e10000000a174cb4/3.6/en- US/ec0dd153c9684608e10000000a174cb4.html

Question 47:

When is the standard hierarchy of the controlling area created?

• When the controlling area is defined (Correct)

• When the controlling area is assigned to the operating concern

• When the first cost center for a controlling area is created

• When the first company code is assigned to the controlling area

  Explanation

  In SAP systems, Before you define standard hierarchy using transaction code OKEON, maintain CCtr Standard hierarchy in controlling area using OKKP. If you not maintain standard hierarchy in controlling area, you will get an error message as “no standard hierarchy is created for TK01”.

  Reference link:

  https://www.tutorialkart.com/sap-co/define-cost-center-hierarchy-controlling-area-sap/

  (Correct)

Question 49:

Your customer uses account-based CO-PA. Which sales documents create an account-based CO-PA line item for each standard ledger in the universal journal table in SAP S/4HANA?

(There are 2 correct answers for this question)

• Sales order

• Good receipt • Billing

  (Correct)

• Goods issue (Correct)

Explanation

Revenue is posted to account-based CO-PA line item with Billing document. COGS is posted to account-based CO-PA line item with Goods issue document. Sales Order Analysis not available in account based COPA.
Reference link:

https://blogs.sap.com/2018/02/04/has-account-based-copa-evolved-enough-to-be- recommended-in-s4hana/

• Company code (Correct)

• Controlling area (Correct)

  • Plant (Correct)

Question 51:

You are posting a purchase order for a warehouse material. From which object is the profit center derived?

• Plant

• Material master

  (Correct)

• Cost center

• Business partner Explanation

  Profit Center is taken from material master per purchase order item. This Profit Center is moved to GR (goods receipt) when we do MIGO. This gives “costs of the material consumption” in the relative Profit Centers.

  Reference link:

  https://eursap.eu/2018/11/13/blog-sap-s4hana-profit-center-accounting/

(Correct)

Question 53:

Which views can you use to analyze the costing results within the costing run tool? (There are 3 correct answers for this question)

• Material list report (Correct)

• Costing levels report (Correct)

• Analysis report (Correct)

• Variance report

• Work in the progress report Explanation

  In costing run, you can analyze the costing results using the following: - The costing level overview
  - The material overview
  - The report created in the screen area Processing

(Correct)

Question 55:

Which configuration is possible when you assign multiple company codes to a controlling area in SAP S/4HANA?

• The company code currency may differ from the controlling area currency (Correct)

• The company code fiscal year variant may differ from the controlling area fiscal year variant In the number of special periods

• The company code fiscal year variant may differ from the controlling area fiscal year variant in the number of periods and number of especial periods

• The company code operational chart of accounts may differ from the controlling area operational chart of accounts

  Explanation

  If you assign more than one company code to one controlling area, then you need to note the following:

  · You need to use a consistent chart of accounts

  · The operative fiscal year variants in the company codes must match the fiscal year variants in the controlling area.

  So that currency may differ.

  Reference link:

  https://help.sap.com/saphelp_me61/helpdata/EN/7a/e7ed5142de7131e10000000a17 4cb4/content.htm?no_cache=true

• Variances = Target costs - Delivery value - WIP

• Variances = Actual costs - Delivery value – WIP

(Correct)

Question 57:

Which object do you have to assign the cost component structure to?

• Material master record

• Costing type

• Valuation variant

• Costing variant

  (Correct)

  Explanation

  The cost component structure is selected through the company code, plant, and costing variant. You specify this assignment in Customizing for Product Cost Planning under -
  > Basic Settings for Material Costing -> Define Cost Component Structure.

  Reference link:

  http://saphelp.ucc.ovgu.de/NW750/EN/82/a6d7531a4d414de10000000a174cb4/fram eset.htm

(Correct)

• Company code

Explanation

Question 59:

How can you configure cycles for period-end allocation? (There are 2 correct answers for this question)

• Define allocation for the same cost center in multiple segments (Correct)

• Create cycles that iterate with each other

• Use different allocation rules within one segment

• Assign several segments to a cycle

  (Correct)

  Explanation

  You can use the same sender cost center in multiple segments (but must different sender Cost element).

  And you can create several segment into a cycle.

• Overall planning (Correct)

(Correct)

Question 61:

When you configure period-end closing, which accrual calculations methods can you use?

(There are 2 correct answers for this question)

• Target equals actual (Correct)

• Percentage (Correct)

• Template

• Statistical key figure Explanation

  You can calculate accruals in the Controlling component based on the costs posted there. To do so you can use the following approaches:

  · Accrual calculations using the percentage method

  · Accrual calculations using the target=actual method

  Reference link:

  https://help.sap.com/viewer/b42281c1645049a4b07c0ab25ec8b899/6.06.21/en- US/b62dee518e4b3946e10000000a44538d.html

  (Correct)

Question 63:

How can you define a dynamic group for internal orders?

• Define an order coding mask for order types

• Create a subsitution rule for mass changes

• Use wild cards in the order codes assigned to nodes

• Assign a selection variant to an end node

  (Correct)

  Explanation

  Using a selection variant you can store specific criteria you want to use in selecting your objects. This saves you having to enter the same data every time you start object selection.

  For selection variants you can use, for example, fields from the order master data, but also classification attributes, status selection profiles and activity grouping codes, amongst others.

• It aims to match revenues for goods and services against sales-related expenses.

(Correct)

(Correct)

Question 65:

What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item?

(There are 2 correct answers for this question)

• The sales order item is assigned to a project. (Correct)

• Profitability Analysis (CO-PA) is activated. (Correct)

• The material in the sales order item is a service.

• The sales order item is a cost object. Explanation

  Prerequisites for Settlement to CO-PA

  For a sales order item to be settled to CO-PA, you must enter valid settlement parameters for the item. Such settlement parameters include a settlement profile, an allocation structure, and a PA transfer structure

If CO-PA is active, the system generates a settlement rule when you create the sales order. The settlement rule determines whether data is settled to other objects or other areas in Controlling . In accordance with this settlement rule, the relevant data is settled to CO-PA.

If CO-PA is not active, create a settlement rule. This settlement rule that you create manually normally contains a G/L account as a receiver (such as 399999). You can also settle costs and revenues or results analysis data to objects with revenue

Reference link:

https://help.sap.com/doc/21ccd8530439414de10000000a174cb4/3.6/en- US/4325bb536b13b44ce10000000a174cb4.html

(Correct)

Question 67:

What does the calculation of a condition type in the costing sheet of CO-PA depend on?

(There are 2 correct answers for this question)

• Valuation

• Calculation type

  (Correct)

• Segment

• Condition class

(Correct)

Explanation

The attributes of a condition type are defined by the following: · Condition category
· Calculation type
· Condition class

· Scale basis
Reference link: http://mysaplib.com/00000672/fbf22c7dd435d1118b3f0060b03ca329/content.htm

• Set up work lists.

• Define document type.

• Define default parameters for master record fields.

(Correct)

• Allow revenue postings. (Correct)

Question 69:

Which objects can statistical key figures be applied to? (There are 2 correct answers for this question)

• Cost centers (Correct)

• Profit centers (Correct)

• Functional areas

• General ledger accounts Explanation

Statistical key figures are measurable values that are applicable to cost centers, profit centers, internal orders, or processes. You can use statistical key figures as an allocation base (or tracing factor) for periodic allocations such as distribution or assessment, and for analysis purposes

Reference link:

https://wiki.scn.sap.com/wiki/display/ERPFI/What+is+a+Statistical+Key+Figures

(Correct)

Question 71:

Which process can you use to credit internal orders during period-end closing?

• Assessment
• Indirect activity allocation

• Distribution
• Periodic reposting

(Correct)

Explanation

The following belong to periodic actual postings: · Revaluation at Actual Prices
· Calculating Overhead
· Periodic Reposting

· Actual Template Allocation

Reference link:

https://help.sap.com/doc/b013d553088f4308e10000000a174cb4/3.6/en- US/3012d553088f4308e10000000a174cb4.html

(Correct)

https://help.sap.com/doc/3c51d7531a4d424de10000000a174cb4/2.6/en- US/4911c9cc2a934a18e10000000a42189b.html

Question 73:

Which of the following statements best describe Product Cost by Period? (There are 2 correct answers for this question)

• It is used in conjunction with a product cost collector. (Correct)

• It is used for joint production with process orders.

• It is used to analyze work in the process based on actual costs.

• It is used when the focus of control is on a stable and continuous production

  process.

  (Correct)

  Explanation

  The Product Cost by Period is recommended for products that have relatively high design stability and are manufactured over an extended period of time. If you are manufacturing your products in a repetitive manufacturing environment, you always use Product Cost by Period.

  In Product Cost by Period, you use product cost collectors as the cost objects. Regardless of whether the production environment is order-related production, process manufacturing, or repetitive manufacturing, you collect the production costs for the product on a product cost collector and analyze the costs in each period.

  Reference link:

  https://help.sap.com/viewer/4032610758dc437089f0c28320eec93f/2105.500/en- US/b8a839531d37e447e10000000a441470.html

• Sales deductions (Correct)

• Maintenance overhead costs

• Revenue (Correct)

Question 75:

You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA?

• Reporting can be either broad and deep for analysis, or speedy and simple, but not both

• Reporting analytical data is always done in a business warehouse system.

• Reporting on data in real-time is difficult, and complex to design.

• Reporting on data is available in real-time at every level of detail.

  (Correct)

  Explanation

  Operational reporting solutions in SAP S/4HANA are very close to transactional user. They are supposed to give users data to perform their day-to-day activities better (higher productivity and higher effectivity). These real-time reports are not very aggregated, but highly detailed and filtered.

  Reference link:

  https://blogs.sap.com/2017/10/16/sap-operational-reporting-embedded-analytics-or- hana-live/

  (Correct)

Question 77:

What activity do you perform during period-end in profit center accounting?

• Execute template allocation

• Process distribution cycles

  (Correct)

• Settle costs

• Post activity allocation Explanation

  Activities in Controlling:
  · Assessment
  · Distribution
  · Balance carryforward
  · Transfer of payables and receivables · Rollup for Consolidation

  Reference link:

  https://help.sap.com/doc/39b5d153e8b34208e10000000a174cb4/2.6/en- US/12b5d153e8b34208e10000000a174cb4.html

• They use a secondary cost element during transfer. (Correct)

• They transfer primary and secondary costs. (Correct)

Question 79:

What tasks are performed by the system during activity allocation? (There are 2 correct answers for this question)

• A primary costs G/L account is used for debiting and crediting

• The cost element is derived from the master data for the activity type

  (Correct)

• The sender cost object is debited and the receiver cost object is credited

• The allocation amount is calculated based on the quantity and price of the

  activity

(Correct)

(Correct)

Question 81:

You are configuring internal order settlement. Where do you define which cost elements should be settled, using either the original or settlement cost elements?

• Allocation structure (Correct)

• Settlement rule

• Settlement profile

• Template

• It is part of the core SAP S/4HANA license and uses the same technical stack and user interface.

(Correct)

• It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.

(Correct)

Question 83:

Which receiver must be allowed in the settlement profile of a product cost collector?

• Business process • Order
• Cost center
• Material

(Correct)

Explanation

In creating the product cost collector, the system does the following:

· When you save, the system creates a production process on the basis of the Controlling level (if no such production process exists), and enters the number of the production process in the product cost collector. In order-related production and process manufacturing, the number of the production process is entered in the manufacturing orders assigned to the product cost collector. In repetitive manufacturing, the production version is linked to the product cost collector through the production process.

· When you save, the system creates a settlement rule for the product cost collector. The settlement rule for the product cost collector always specifies the distribution rule 100% to material and the settlement type is always PER (periodic)

Reference link:

https://help.sap.com/doc/21ccd8530439414de10000000a174cb4/3.6/en- US/bea4b9537cceb44ce10000000a174cb4.html

(Correct)

Question 85:

At what level do you create the structure of the operating concern?

• Company code level

• Sales organization level

• Controlling area level

• Client level

  (Correct)

  Explanation

  Operating concern or OPCON is the highest organizational structure in SAP controlling module if you want to implement SAP Profitability Analysis (COPA). Your business will be divided into different segments (i.e. by product, marketing and other segments) and each segment’s profitability can be analyzed through this module. It’s creation is client independent i.e. if you create it in Development box then the same will be reflected in your quality, testing and production box. You need to just activate it in the respective boxes.

  Reference link:

https://yourfinancebook.com/operating-concern-in-sap-co-how-to-define-a-operating- concern-in-sap/

(Correct)

• CDS views are considered system modifications. (Correct)

• CDS views have no latency. (Correct)

Question 87:

Which statement best describes the Query Browser for reporting?

• It is a strategic analytical tool in SAP S/4HANA.

• It is a desktop browser that integrates with SAP S/4HANA.

• It is a design studio app that comes as standard SAP Fiori content.

  (Correct)

• It is available as an additional license product in SAP S/4HANA. Explanation

  The Query Browser is an SAP Fiori application that you use to quickly and easily search for, browse, and tag the analytical queries.

  So It’s not a tool in SAP S/4HANA.

  Reference link:

  https://help.sap.com/viewer/6b356c79dea443c4bbeeaf0865e04207/2020.000/en- US/3a24b854ee8f8d21e10000000a44176d.html

  (Correct)

Question 89:

Which object controls the tiles a business user can assign to their SAP Fiori launchpad?

• App finder

• Tile group

(Correct)

• Tile catalog

• App library Explanation

  The groups contain tiles from different catalogs. You can add a tile from various catalogs to a group. Once the tile has been added to a group, the tile has to be configured.

  Reference link:

  https://help.sap.com/viewer/17ae0e97e0fc424a9c368f350c0ba6bd/2.10/en- US/a62664a8f81940eab807bd86b739e4d8.html

  (Correct)