1) You can assign profit centers to all account assignment objects to which you can post__________________.

Choose the correct answer.

A. production orders
B. cost objects
C. costs and revenues
D. sales orders

2) All secondary allocations between CO objects are mapped to the assigned _____.
Choose the correct answer.
A. cost centers
B. profit centers
C. functional areas
D. unit of measure

3) Which of the following are stages in a product lifecycle?

Choose the correct answers.
A. Product design and specification
B. Product idea
C. Continuous improvement
D. Saturation
E. Costing run

4) Which of the following is necessary for the material costing without quantity structure costing method?
Choose the correct answer.
A. Bill of material
B. Material master
C. Bill of trading

5) You want to introduce a modified variant of an existing product into the market. Which costing method do you use to
generate the cost estimate?
Choose the correct answer.
A. Reference and Simulation Costing
B. Material cost estimate with quantity structure
C. Material cost estimate without quantity structure

6) Which of the following prices from the SAP S/4HANA application are used by costing items?
Choose the correct answers.
A. Activity prices from cost center accounting
B. Material prices from materials management
C. Valuated prices from materials management

7) Which of the following data is required for activities processed internally?

Choose the correct answer.
A. Resource
B. Work center
C. Bill of material
8) The purpose of designing material costing without a quantity structure is:
Choose the correct answers.
A. To cost materials without accessing routings
B. To cost materials without accessing bills of material
C. To cost materials by accessing bills of material
D. To cost materials by accessing routings

9) When can you use material costing without a quantity structure?

A. When costing and updating prices for new materials
B. When costing and updating prices for raw materials
C. When costing using SAP production planning data
D. When costing using non-SAP production planning data

10) What is the function of cost component split?

Choose the correct answer.
A. It groups cost elements in cost components when a multilevel structure is costed.
B. It provides an overview of the cost elements in cost components.
C. It allows you to save the cost elements in cost components.
D. It allows you to delete the cost elements in cost components.

11) What are valid controlling levels of a product cost collector?

Choose the correct answers.
A. Material and plant
B. Plant
C. Material and production version
D. Material, plant, BOM and routing

12) When the production scenario is defined with Repetitive Manufacturing, which Cost Object could be used to calculate
the variances of the production line?
Choose the correct answer.
A. Product Cost Collector
B. Work Breakdown Structure

13) Which of the following statements about the costing variant is correct?
Choose the correct answer.
A. The actual costing variant is needed to calculate the actual costs of the production order.
B. The plan costing variant is needed to calculate the plan cost of the production order

14) Which of the following statements about the plan cost of production orders is correct?
Choose the correct answer.
A. The plan cost of the production order could be analyzed in reporting of Product Cost by Period.
B. The plan cost of the production order could be analyzed in reporting of Product Cost by Order.
C. The plan cost of the production order is only used for ad hoc analysis, because plan cost are not available in the
reporting of the product cost collector.
15) To calculate the direct costs of production, the system multiplies the prices selected in accordance with the valuation
variant, by which of the following?
Choose the correct answers.
A. Planned setup times
B. Machine times
C. Setup costs
D. Labor times

16) For which cost object can you calculate plan cost in Product Cost by Period?
Choose the correct answer.
A. Production Process
B. Production Order
C. Product Cost Collector

17) Which of the following is a function of the product cost collector?

Choose the correct answer.
A. Material ledger preparation
B. Profitability forecast reporting
C. Overhead removal plan preparation
D. Work in process (WIP) calculation

18) Which of the following functions investigates the causes of the order’s balance?
A. Variance calculation
B. Cost Center Accounting
C. Work in process (WIP) calculation
D. Overhead allocation

19) The costing sheet to calculate overhead cost is assigned to which of the following?
Choose the correct answer.
A. Valuation variant
B. Costing variant
C. Order type
D. Controlling area

20) Which of the following statements is true about work in process (WIP)?
Choose the correct answer.
A. Calculating WIP means valuating the unfinished goods.
B. Calculating WIP means valuating the finished goods.
C. Calculating WIP means valuating the raw material.
D. Calculating WIP means valuating the goods that are completed and delivered.

21) Which of the following are necessary to perform mixed costing in product cost planning?
Choose the correct answers.
A. A Create a procurement alternative for each production version
B. Define a mixing ratio
C. Have a separate material master for mixed prices
D. Variance key
22) What is manufactured automatically while another product is being produced?
Choose the correct answer.
A. A joint product
B. A by-product
C. A co-product

23) Which of the following might result in differences between the material cost
estimate and calculating planned cost for the cost object, like production order?
Choose the correct answers.
A. Different costing variants
B. Different lot sizes
C. Differences in the activity type prices per period and therefore the yearly average activity price
D. Different plants

24) You specify the operations that are milestones in the _____________ with the control key of the operation.
Choose the correct answer.
A. Bill of material (BOM)
B. Routing

25) When you enter the goods receipts, the system charges cost objects automatically with which of the following?
Choose the correct answer.
A. Primary cost
B. Secondary costs
C. Additional costs

26) How is work in process (WIP) calculated?

Choose the correct answer.
A. Based on target costs for orders with settlement type PER
B. Based on actual costs for product cost collectors
C. Based on target costs for process orders with co-products
D. Based on actual costs for orders with settlement type PER

27) Which of the following are functions in period-end closing for process orders with co- products?
Choose the correct answers.
A. Allocation of overhead
B. Preliminary settlement
C. Calculation of work in process on target cost
D. Calculation of work in process on actual cost

28) Which function is used to settle actual costs of co-products in Product Cost by order?
Choose the correct answer.
A. Individual Processing
B. Preliminary Settlement for Co-Products
C. Allocation
D. Percentage Settlement
29) The allocation structure contains all cost elements with which the __________ can be debited.
Choose the correct answer.
A. Work in process (WIP)
B. Order items
C. Order header
D. Actual costs

30) When do you compare the actual cost of the order with the standard cost estimate and the preliminary cost estimate for
each order item?
Choose the correct answer.
A. After you enter the last goods receipt into the inventory
B. After you settle the variances
C. Before you settle the variances
D. Before you enter the last goods receipt into the inventory

31) Which of the following cost estimate options is used in the valuation of actual quantity structure with tax-based and
commercial prices?
Choose the correct answer.
A. Standard cost estimate
B. Current cost estimate
C. Inventory cost estimate
D. Modified standard cost estimate

32) The purpose of a cost rollup is to ensure that the costs of goods manufactured of allmaterials in a multilevel BOM are
included in the ______________ of the higher-level material.
Choose the correct answer.
A. cost estimate
B. production estimate
C. original cost of production

33) The function of the primary cost component split is to show the ______________ of a product when valuating cost
centers/activity types and process costs.
Choose the correct answer.
A. A fixed costs
B. primary costs
C. variable costs

34) To determine overhead, you use the ___________ that were posted to the order.
Choose the correct answer.
A. total costs
B. direct costs
C. indirect costs

35) The process template can include multiple processes or even multiple process templates
to allocate as many _________________ as appropriate.
Choose the correct answer.
A. direct costs
B. indirect costs
C. fixed costs
36) What is the correct sequence to perform costing?
Choose the correct answer.
A. Finished products, followed by semi-finished products, followed by raw materials and purchased parts
B. Raw materials and purchased parts, followed by semi-finished products, followed by finished products
C. Finished products, followed by raw materials and purchased parts, followed by semi-finished products

37) Which of the following functions can the control key in a work center operation specify?
Choose the correct answers.
A. Dimension
B. Keyword
C. Capacity planning
D. Costing

38) The parameter key specifies which of the following functions?

Choose the correct answers.
A. Scheduling
B. Dimension
C. Keyword
D. Capacity planning

39) The quantity structure control ID describes a list of priorities for the bill of material and routing through
_____________________ and __________________________.
Choose the correct answers.
A. Routing selection keys
B. Costing variant
C. Quantity structure
D. Bill of material application

40) Which dates are proposed by the system from the costing variant?
Choose the correct answers.
A. Validity dates (from/to) of the cost estimate
B. Bill of material date
C. Valuation date
D. Routing date
E. Quantity structure date

41) Which of the following material master views are relevant to costing?
Choose the correct answers.
A. Accounting
B. Costing
C. Plant stock
D. MRP
E. Forecasting
42) Which of the following prices can you use to valuate the materials in the cost estimate?
Choose the correct answer.
A. Tax-based prices
B. Planned prices 1, 2, and 3
C. C Price control
D. Commercial prices

43) Which of the following items is not removed from the database when you delete the current standard cost estimate?
Choose the correct answer.
A. Standard price
B. Cost component split
C. Itemization
D. Link to material master

44) Which parameters are required to create a costing run?

Choose the correct answer.
A. Company code
B. Profit center
C. Costing variant
D. Costing dates

45) Which of the following categories of scrap is defined in the routing?

A. Assembly scrap
B. Operation scrap
C. Component scrap

46) Which view is dedicated to analyzing decentralized responsibility areas?

Choose the correct answer.
A. Legal view
B. Profit center view
C. Group view
D. General ledger view

47) What are the benefits of SAP Product Lifecycle Costing solution?
Choose the correct answers.
A. Calculate costs and other dimensions for products and quotations in an early stage of the product lifecycle.
B. Simulate and compare alternatives to gain better visibility and control throughout your product lifecycle.
C. Identify costs and harness cost-saving potential.
D. Optimize product quality, drive profit margins, and mitigate future risk to make the most favorable product
costing decisions for the entire lifecycle of your products.

48) Which of the following statements are true?

A. Component scrap increases the required quantity of a component.
B. Assembly scrap increases the required quantity of all components.
C. Operation scrap reduces over planning through component scrap.
D. Operation scrap reduces the operation quantity of subsequent operations.

49) Which of the following statements are true?

Choose the correct answer.
A. A statistical order can be settled.
B. A real order can be settled.

50) Which of the following statements about allocation cycles are true?
Choose the correct answers.
A. They can transfer primary and secondary costs.
B. They can be reversed.
C. They can only be used in conjunction with the allocation structure.