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

1. The system does not allow you to create a primary cost element.
What do you check first?

A) Whether the balance sheet account exists
B) Whether the cost element category is valid
C) Whether the P/L account exists
D) Whether the 6/L account currency is the same as the controlling area currency

2. Which of the following is the typical sequence of steps in an ASAP roadmap?

A) Business blueprint -> Project preparation -> Final preparation -> Realization -> Go-live and support
B) Project preparation -> Realization -> Business blueprint -> Final preparation -> Go-live and support
C) Project preparation -> Final preparation -> Business blueprint -> Realization -> Go-live and support
D) Project preparation -> Business blueprint -> Realization -> Final preparation -> Go-live and support

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

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

4. How is Work in Process (WIP) calculated on a product cost collector?

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

5. You want to perform results analysis on sales orders and need to use two different methods to reflect different accounting principles such as US-GAAP and IFRS.
How do you achieve this?

A) Use two separate sales order items
B) Use two results analysis keys in the sales order items
C) Use two requirement classes in the sales order items
D) Use two results analysis versions defined in Customizing

Solutions: