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QUESTION NO: 1
What is document splitting used for?
Response:
A. To fill the segment characteristic in all line items
B. To update multiple ledgers for parallel accounting
C. To summarize CO line items to produce fewer line items
D. To summarize G/L postings at the controlling area level
Answer: A

QUESTION NO: 2
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

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
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: 5
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

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Updated: May 26, 2022