Question#1 In SAP S/, Cost element category 90 is replaced by an indicator ‘apply acct assignment statistically in Fixed Asset/ Material Acct’.
a) True
b) False
Answer# True
Question#2 In SAP S/4HANA, Automatic Creation of Primary and Secondary Cost Elements functionality is still available.
a) True
b) False
Answer# False
Question#3 In SAP S/4HANA, Cost element still updated in master data tables CSKA, CSKB along with SKA1, SKB1.
a) True
b) False
Answer# True
Question#4 In S/4HANA, COPA characteristics are appended in the Universal Journal table i.e. ACDOCA.
a) True
b) False
Answer# True
Question#5 In SAP S/4HANA, Secondary cost element is created as GL account.
a) True
b) False
Answer# True
Question#6 In SAP S/4HANA, How many freely defind currency type can be used for company code.
a) 10
b) 8
c) 9
Answer# 8
Question#7 In SAP S/4HANA, What is the maximum currencies can be used for the company code.
a) 10
b) 8
c) 9
Answer# 10
Question#8 Incase of multi GAAP, In which approach multiple accounting principles are assigned to one ledger.
a) ledger approach
b) accounts approach
c) Combination of ledger and accounts approach
Answer# accounts approach
Question#9 Leading ledger and Non leading leder for the company code can have different.
a) both fiscal year variant and Posting period variant
b) posting period variant
c) fiscal year variant
Answer# both fiscal year variant and Posting period variant
Question#10 In SAP S/4HANA , Which table replaces BSEG and FAGLFLEXA.
a) ACDOCA
b) ACDOCP
c) ADDCCA
d) ADCOCA
Answer# ACDOCA
Question#11 Extension ledger derive data from standard ledger.
a) True
b) False
Answer# True
Question#12 In SAP S/4HANA, Non operating income and expense GL account also needs cost element category.
a) True
b) False
Answer# True
Question#13 In SAP S/4HANA, Operating concern environment is generated for
a) Account based COPA only
b) Both Cost and account based COPA
c) Cost based COPA only
Answer# Both Cost and account based COPA
Question#14 In SAP S/4HANA, Which preferred option to manage multiple GAAPs
a) accounts approach
b) ledger approach
c) Combination of ledger and accounts approach
Answer# ledger approach
Question#15 Incase of multi GAAP, In which approach one accounting principle is assigned one ledger.
a) ledger approach
b) accounts approach
c) Combination of ledger and accounts approach
Answer# ledger approach
Question#16 COGS stands for __.
a) Cost of goods selected
b) Cost of goods stored
c) Cost of goods sold
Answer# Cost of goods sold
Question#17 COGS Split happens at the time of _.
a) Billing
b) payment
c) Sales order creation
d) delivery and Post goods issue
Answer# Sales order creation
Question#18 COGM also includes sales overhead.
a) True
b) False
Answer# False
Question#19 COGS Split happens in only with MTS scenario.
a) True
b) False
Answer# False
Question#20 In SAP S/4HANA 1809, COGS Split also happens on actual revaluated value.
a) True
b) False
Answer# True
Question#21 If costing based profitability analysis is active, COGS split based on valuation strategy would still work.
a) True
b) False
Answer# True
Question#22 COGS also includes sales overhead
a) True
b) False
Answer# True
Question#23 COGM stands for
a) Cost of goods manufactured
b) Cost of goods manipulated
c) Cost of goods marketed
Answer# Cost of goods manufactured
Question#24 How many accounting documents gets generated at the time of PGI in the COGS split process.
a) three
b) two
c) one
Answer# two
Question#25 COGS split can be visualized only in controlling document
a) True
b) False
Answer# False
Question#26 In SAP S/4HANA 1809, COGS Split also happens on actual revaluated value.
a) True
b) False
Answer# True
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