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1. CO hierarchies are used to present flexible management reporting options in financial and management reporting.
To ensure the integrity and completeness of management reporting, for which CO objects does SAP require a standard hierarchy? (Choose two)
A) Cost elements
B) Internal orders
C) Cost centers
D) Profit centers
2. When you make a change to an asset, at what point does the planned depreciation change in Asset Accounting?
A) After depreciation is run and posted to the fixed assets ledger
B) After depreciation is run and posted to the general ledger
C) After a posting to a fixed asset
D) After depreciation is run without being posted
3. Which financial transactions create a commitment item posting against the CO cost object? (Choose two)
A) Purchase invoices
B) Purchase credit notes
C) Purchase orders
D) Purchase payments against invoice
E) Purchase requisitions
4. The real world enterprise structure needs to be mapped to SAP applications using organizational units in order to represent the enterprise structure for legal or business-related purposes.
Which of the following descriptions would help you fulfill this mapping? (Choose two)
A) Legal entities are represented as company codes.
B) The highest level organizational unit in SAP ERP is the client.
C) Materials can only be sold in one sales organization.
D) The cost center is the central organizational unit of Financial Accounting.
5. One of the basic concepts in SAP ERP is the creation of documents.
What is a "document" according to SAP terminology?
A) An official report that a user prints out on a regular basis
B) An element of the Business Process Procedures Documentation provided by Best Practices
C) A printout of any posting made within SAP ERP
D) A set of data records that is generated when a transaction is carried out
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: C | Question # 3 Answer: C,E | Question # 4 Answer: A,B | Question # 5 Answer: D |
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