Reference no: EM131894832

1. In SAP the data processing for internal accounting reporting is carried out by the

a. Sales and distribution module

b. Financial accounting module

c. Controlling module

d. MRP module

2. Which of the following activities only occurs in the CO module in SAP?

a. Posting a GL transaction

b. Posting a vendor invoice

c. Payments to vendors

d. Cost allocations

3. Which GL account type has integration with CO?

a. Balance sheet

b. Income statement

c. Cash flow

d. Reconciliation

4. Which of the following is master data in CO?

a. Controlling area

b. Business area

c. Cost center

d. GL Account

5. To perform an assessment in SAP, which of the following is required?

a. Primary cost element

b. Secondary cost element

c. Production order

d. Sales order

6. The primary purpose of management accounting is to provide accounting information for

management decision making

a. True

b. False

7. Cost centers in the CO module are structured using a(n) __________?

a. Standard hierarchy

b. Structure indicator

c. Activity type

d. Primary cost element

8. Which of the following areas of Controlling utilizes "statistical" accounting?

a. Cost center controlling

b. Product cost controlling

c. Profit center accounting

d. Profitability analysis

9. The costs transferred from financial accounting to controlling are known as

a. Primary costs

b. Secondary costs

c. Relevant costs

d. Operational costs

10. Which of the following is used to value work performed by a cost center?

a. Primary costs

b. Activity price

c. Distribution

d. Overhead cost