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

1. A customer using account based CO-PA sells material from stock. How is the 'cost of goods sold' transferred and valuated?

A) Material costs are taken from the billing document (valuated with cost component structure).
B) Material costs are taken from the goods issue posting (valuated with cost component structure).
C) Material costs are taken from the goods issue posting (valuated according price control).
D) Material costs are taken from the billing document (valuated according price control).

2. When creating an internal order, which data is derived from the order type? Note: There are 2 correct answers to this question.

A) Settlement profile
B) Model or reference order default entries
C) Commitment profile
D) Settlement rule

3. Which of the following are correct descriptions of profit centers? Note: There are 3 correct answers to this question.

A) Profit centers are structured in a standard hierarchy.
B) Profit centers are usually structured in the hierarchy by region, function or product.
C) Profit centers represent an area of responsibility for cost and revenues.
D) Profit centers are sub units of cost centers.
E) Profit centers are the basic organizational units of profitability analysis.

4. Which postings can be triggered by the settlement of a production order? Note: There are 3 correct answers to this question.

A) Variance categories to profit centers.
B) Balance of the production order to FI.
C) Work in Process (WIP) to profitability analysis.
D) Work in Process (WIP) to FI.
E) Variance categories to profitability analysis.

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

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

Solutions: