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

1. Which of the following organizational units are maintained in Management Accounting?
Note: There are 2 correct answers to this question.

A) Business area
B) Company code
C) Operating concern
D) Functional area
E) Controlling area

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

3. How does material costing support semi-finished and finished materials that are valuated in stock with consistent valuation strategies per company code?

A) You are only allowed to use material cost estimates with quantity structure to update standard prices.
B) You are only allowed to use one single costing variant to update standard prices per period and company code.
C) You are only allowed to use iterative activity prices in material cost estimates which update standard prices.
D) Costing runs to update the standard prices have to run generally under observation of an external auditor.

4. How can you set up a valuation based on a cost estimate in costing-based profitability analysis? Note: There are 3 correct answers to this question.

A) By assigning the costing key to value fields.
B) By assigning the costing variant in the costing key.
C) By assigning the costing variant to valuation variant.
D) By assigning the costing key to material types.
E) By assigning the costing key to products.

5. A customer wants to allocate overhead costs to a production order. How can the customer achieve that? Note: There are 3 correct answers to this question.

A) Define an assessment cycle.
B) Use routings and work centers.
C) Use a costing sheet.
D) Use indirect activity allocation.
E) Use a template.

Solutions: