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QUESTION NO: 1
What does Management Accounting provide?
There are 2 correct answers to this question
Response:
A. Information used for internal areas of responsibility
B. Account balances for customers and vendors
C. Reports that meet accounting standards and principles
D. Profitability analysis of market segments
Answer: A,D
QUESTION NO: 2
How do you use the result of a released standard cost estimate?
There are THREE correct answers for this Question
Response:
A. To update the current standard price in the material master record
B. To calculate the plan costs in a production order
C. To determine the base costs used to calculate overhead
D. To determine a material sales price in Sales and Distribution
E. To calculate the price of an activity type
Answer: A,B,E
QUESTION NO: 3
You post an invoice to acquire a new company car. Which account types do you enter in the invoice?
There are TWO correct answers for this Question
Response:
A. G/L expense account
B. Material account
C. Asset account
D. Vendor account
Answer: A,C
QUESTION NO: 4
At which points in the order-to-cash process are postings made to the general ledger?
There are TWO correct answers for this Question
Response:
A. Posting a goods issue
B. Confirming a transfer order
C. Saving the sales order
D. Saving the invoice
Answer: A,D
QUESTION NO: 5
What does the material ledger in SAP S/4HANA enable?
There are TWO correct answers for this Question
Response:
A. Material valuation in multiple currencies
B. Reporting of all materials required during maintenance processing
C. Reporting for parallel accounting
D. Recording of all business transactions
Answer: A,C
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Updated: May 26, 2022