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

1. Your New GL customer uses real-time reconciliation of CO and FI. The customer wants to show the value flow of activity allocations between cost centers assigned to different profit centers. What does the customer have to configure? Note: There are 2 correct answers to this question.

A) Execute the periodic transfer to profit center accounting.
B) Define a G/L reconciliation account for direct activity allocation.
C) Select profit center as a characteristic for real time reconciliation between CO and FI.
D) Carry out a reconciliation run for activities types in the new GL.

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

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

3. You have posted the results of an assessment cycle run, but some of the assigned receivers were incorrect.
How can you correct this?

A) Cancel the allocation with the original settings before you correct the receiver entries and rerun the cycle
B) Post a manual cost allocation with the same assessment cost element
C) Correct the receiver entries and rerun the cycle. The original run will be canceled automatically
D) Correct the receiver entries and rerun the cycle with a different cycle run group to post only the corrected results to the first run

4. Which data do you need to set up an accrual calculation with the percentage method?
Note: There are 2 correct answers to this question.

A) Secondary cost element (category 31) as accrual cost element.
B) Accrual allocation cycle with sender receiver segments.
C) Cost center or internal order (order category 2) as credit object.
D) Primary cost element (category 3) as accrual cost element.
E) Accrual settlement rules with percentage method.

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

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

Solutions: