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SAP Certified Application Associate - Management Accounting (CO) with SAP ERP 6.0 EHP4 Sample Questions:

1. Which of the following do you define in a library of the Report Painter?

A) Characteristics and key figures.
B) Report groups and reports.
C) Predefined columns and rows.
D) Formats and format figures.

2. Which of the following views and results does costing based CO-PA provide? Note: There are 2 correct answers to this question.

A) Periodic accounting.
B) Cost of sales accounting.
C) Return on investment.
D) Balance sheet statement.
E) Contribution margin.

3. Which of the following is a typical sequence of steps in a Purchase to Pay process?

A) Purchase requisition -> Goods issue -> Purchase verification -> Invoice receipts Payment
B) Purchase requisition -> Goods verification -> Purchase receipts -> Invoice receipts Payment
C) Purchase requisition -> Purchase order -> Goods receipt -> Invoice verification Payment
D) Purchase order -> Purchase requisition -> Goods receipt -> Invoice verification Payment

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

5. A customer uses assessment cycles in cost center accounting. How can the customer see the results on the profit centers in New GL?

A) By activating document split for cost centers in New GL.
B) By defining and execute the equivalent cycles in the New GL.
C) By activating plan integration for profit centers.
D) By activating the real-time reconciliation between CO and FI.

Solutions: