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

1. To which organizational level do you have to assign the valuation area to create material costings?

A) Business area
B) Company code
C) Controlling area
D) Plant

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

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

3. Why do you use variants in reporting? Note: There are 2 correct answers to this question.

A) To optimize the runtime of a report.
B) To specify parameter values for background processing.
C) To predefine values for complex selection screens.
D) To permit quick navigation between CO objects.

4. Which master data is required for a direct activity allocation? Note: There are 3 correct answers to this question.

A) Allocation cycle
B) Activity type
C) Activity price
D) Cost center
E) Secondary cost element

5. Which of the following views and results do profit center accounting reports in New GL provide? Note: There are 3 correct answers to this question.

A) Fixed and variable cost portions
B) Balance sheet statement
C) Cost of goods sold
D) Variance categories of production
E) Return on investment

Solutions: