MANAGERIAL AND FINANCIAL ACCOUNTING - CO PAPER: 2

1.what is the integration point between CO and FI

1. cost center
2. cost element
3. internal order
4. all
5. none

2. which of the following requires a G/L account as a basic requirement for its creation

1. cost center
2. primary cost element
3. secondary cost element
4. none
5. all

3. FI-CO reconciliation is required for the following

1. CO posting from one cost center to another cost center within same business area
2. CO posting from one cost center to another cost center in different business areas
3. Does not affect from CO postings
4. None
5. All

4. which of the following are cost objects

1. cost center
2. primary cost element
3. secondary cost element
4. order
5. a and d

5. what fields in a cost center can be changed after posting transaction

1. standard hierarchy
2. cost center category
3. currency
4. business area
5. a and b

6. what are the mandatory fields for cost center

1. name
2. business area
3. cost center manager
4. currency
5. all

7. what are the fiscal year based fields in cost center master data

1. name
2. hierarchy
3. currency
4. business area
5. c and d

8. what is the activity type category for manual allocation

1. 1
2. 2
3. 3
4. 4
5. all

9. what is the activity type category for inverse determination and automatic allocation

1. 1
2. 2
3. 3
4. 4
5. all

10. activity price can be computed in the system based on

1. planned activity
2. capacity
3. a and b
4. manual
5. none

11. hierarchy area is defined in

1. cost center
2. cost element
3. activity type
4. SKF
5. All

12. primary cost element is used in posting of the following transaction

1. reposting
2. distribution
3. a and b
4. assessment
5. internal activity

13. secondary cost element is used in posting of the following transaction

1. reposting
2. distribution
3. assessment
4. internal activity
5. c and d

14. what is the relationship between cost centers and controlling area

1. 1:1
2. 1:n
3. n:1
4. n:n
5. none

15. which are the receivers from assessment allocation

1. cost center
2. order
3. cost object
4. all of the above

16. tracing factor is used in

1. indirect activity allocation
2. assessment
3. distribution
4. all

17. plan cost splitting is done for a cost center because

1. to calculate activity price correctly
2. to calculate plan/target/actual comparison correctly
3. it is mandatory for system
4. to calculate actual activity price correctly
5. all

18. allocation of primary and secondary costs is possible in the following method

1. indirect activity allocation
2. assessment
3. periodic reposting
4. distribution
5. all

19. which of the following methods are used for cost allocation from cost centers

1. distribution
2. assessment
3. periodic reposting
4. all

20. which of the following methods are used for cost allocation from internal order

1. distribution
2. assessment
3. periodic reposting
4. all

21. order cost can be settled to following objects

1. cost center
2. order
3. order item
4. material
5. all