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1. Which of the following views and results does costing based CO-PA provide? Note: There are 2 correct answers to this question.
A) Balance sheet statement.
B) Contribution margin.
C) Periodic accounting.
D) Return on investment.
E) Cost of sales accounting.
2. Which of the following is a typical sequence of steps in a Purchase to Pay process?
A) Purchase requisition -> Goods verification -> Purchase receipts -> Invoice receipts
Payment
B) Purchase requisition -> Goods issue -> Purchase verification -> Invoice receipts
Payment
C) Purchase requisition -> Purchase order -> Goods receipt -> Invoice verification Payment
D) Purchase order -> Purchase requisition -> Goods receipt -> Invoice verification Payment
3. Which information is transferred when you settle an Internal Order to costing-based CO-
PA?
A) Characteristic values of the settlement rule.
B) All information of the internal order master data.
C) Variance categories of the internal order.
D) Cost component split of the order cost.
4. Which of the following are correct descriptions of profit centers? Note: There are 3 correct answers to this question.
A) Profit centers are the basic organizational units of profitability analysis.
B) Profit centers are structured in a standard hierarchy.
C) Profit centers are usually structured in the hierarchy by region, function or product.
D) Profit centers represent an area of responsibility for cost and revenues.
E) Profit centers are sub units of cost centers.
5. How is Work in Process (WIP) calculated on a product cost collector?
A) Based on actual cost, depending on the order status.
B) Based on the standard cost estimate, independent of the valuation variant settings.
C) Based on the target cost, depending on the order type settings.
D) Based on target cost, depending on the valuation variant settings.
Solutions:
| Question # 1 Answer: B,E | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: B,C,D | Question # 5 Answer: D |
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