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Question # 4

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

Please choose the correct answer.

Response:

A.

Controlling area

B.

Company code

C.

Business area

D.

Plant

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Question # 5

A customer plans to prepare their processes for legal consolidation. Which options are possible to assign the trading partner in the system? (Choose two)

A.

The trading partner can be assigned in the material master directly.

B.

The trading partner can be assigned in a profit center directly.

C.

The trading partner can be assigned in G/L accounts directly.

D.

The trading partner can be assigned in customer and vendor master records.

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Question # 6

You want to receive internal activities in the material cost estimate by using a routing. How do achieve this?

Please choose the correct answer.

Response:

A.

Assign a cost element with type 43 (internal activity allocation) to the routing operation.

B.

Assign a cost center with category "production" to the routing operation.

C.

Assign a cost center and its activities to the corresponding work center.

D.

Assign a cost center and its activities directly to the routing header.

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Question # 7

Which of the following are interactive functions available in the SAP List Viewer There are 3 correct answers to this question.

A.

Dual control.

B.

Sorting.

C.

Summation.

D.

Master data modification.

E.

D Filters.

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Question # 8

Which of the following is a typical sequence of steps in a Purchase to Pay process?

A.

Purchase requisition -> Purchase order -> Goods receipt -> Invoice verification Payment

B.

Purchase requisition -> Goods issue -> Purchase verification -> Invoice receipts Payment

C.

Purchase requisition -> Goods verification -> Purchase receipts -> Invoice receipts Payment

D.

Purchase order -> Purchase requisition -> Goods receipt -> Invoice verification Payment

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Question # 9

Which of the following do you define in the general data selection of a Report Painter report?

Please choose the correct answer.

Response:

A.

Parameters valid for all rows and columns.

B.

Parameters for the report to report interface.

C.

Default values for the definition of rows and columns.

D.

User, date, and time of report creation.

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Question # 10

A customer allocates a variety of cost elements from many cost centers to others by distribution cycles. The customer complains about the long duration and runtime. What do you recommend to shorten the runtime? (Choose two)

A.

Use cycle run groups for parallel processing.

B.

Use iteration within the cycles.

C.

Use assessment instead of distribution.

D.

Use an allocation structure within the distribution cycles.

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Question # 11

Which document types are typically incorporated into the Business Blueprint? (Choose three)

A.

Process models

B.

Business requirements

C.

Project charters

D.

Test cases

E.

Functional solution designs

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Question # 12

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?

There are 2 correct answers to this question.

Response:

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.

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Question # 13

The management of an international company perceives the implementation of SAP ECC 6.0 with the New General Ledger Accounting as an opportunity to standardize their global processes and still be in compliance with statutory local reporting. What are some of the key design decisions that support their global requirements? (Choose three)

A.

They should design one leading ledger and one non-leading ledger to capture parallel accounting reporting requirements.

B.

They should adopt a master data governance strategy to globally enhance the integrity of master data.

C.

They should use one global controlling area and assign the credit control areas to the controlling area.

D.

They should define multiple controlling areas and assign company codes to the controlling areas.

E.

They should use one standard global chart of accounts and one global controlling area and assign the company codes to the controlling area.

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Question # 14

Which of the following is the typical sequence of steps in an ASAP roadmap?

A.

Business blueprint -> Project preparation -> Final preparation -> Realization -> Go-live and support

B.

Project preparation -> Final preparation -> Business blueprint -> Realization -> Go-live and support

C.

Project preparation -> Business blueprint -> Realization -> Final preparation -> Go-live and support

D.

Project preparation -> Realization -> Business blueprint -> Final preparation -> Go-live and support

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Question # 15

A customer is interested in using the SAP Solution Manager. How do you explain it to them?

A.

Provides the development and runtime environment for SAP applications and can be used for custom development and integration with other applications and systems

B.

Facilitates the exchange of information among a company's internal software and systems and those of external parties

C.

Provides business experts with an infrastructure for realizing and operating planning scenarios or other applications

D.

Provides integrated support of the life-cycle of a business solution, from the Business Blueprint, through configuration to production operation

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Question # 16

The customer requires a new Report Painter report displaying cost information and statistical key figures in one report.

A.

By defining two separate reports and combining them.

B.

By defining two variants for the report.

C.

By defining additional rows in the report.

D.

By defining two sections in the report.

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Question # 17

A customer has a 1000 cost centers each with about 100 different primary cost elements.

Select the ranking of cost allocation methods according to the shortest expected runtime (list the fastest method first).

A.

Periodic Reposting < Assessment < Distribution

B.

Assessment < Periodic Reposting < Distribution

C.

Distribution < Assessment < Periodic Reposting

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Question # 18

What is the name of the infrastructure that supports core business solutions in four subcomponents including people integration, information integration, process integration, and application platform?

A.

SAP NetWeaver

B.

SAP Business Process Management

C.

SAP Exchange Infrastructure

D.

SAP Web AS

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Question # 19

In New GL, how would you incorporate companies with different fiscal years if you wanted to assign them to the same controlling area?

A.

Use the same fiscal year variant for all company codes and set up parallel accounting for company codes that have different fiscal years.

B.

Create company codes with different fiscal year variants and assign them to the same group company for reporting purposes.

C.

Create company codes with the same fiscal year variant and assign the company codes that have a different fiscal year to non-leading ledgers with the appropriate fiscal year variant.

D.

Use the same fiscal year variant for all company codes and do a reversible close for the company codes that have different fiscal years.

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Question # 20

Which of the following statement is true in reference to Financial & Management Accounting?

Please choose the correct answer.

Response:

A.

Financial accounting is for internal management whereas Management accounting is for external management like stockholders, financial institutions, government& tax authorities.

B.

Management accounting is made on the line of standard & legal requirement whereas financial accounting is made as per the internal requirement of the organization.

C.

Financial accounting is standard as per legal requirement whereas management accounting is flexible& as per the requirement of the management.

D.

Financial accounting reflects the revenue, cost involved in different area whereas management accounting reflects the profitability of the business.

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Question # 21

Which of the following is defined in the PA transfer structure?

A.

Assignment of source cost elements to allocation cost elements.

B.

Assignment of distribution rules to certain cost elements.

C.

Assignment of master data to characteristics.

D.

Assignment of cost elements to value fields.

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Question # 22

In which master record can you enter a profit center directly?

There are 3 correct answers to this question.

Response:

A.

Material master

B.

Activity type

C.

Cost element

D.

Cost center

E.

Internal order

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Question # 23

Which of the following statement is correct with reference to activity type?

There are 2 correct answers to this question.

Response:

A.

It classifies the specific activities provided by a cost center along cost allocation line.

B.

It serves as tracing factor for this cost allocation.

C.

The system calculates the associated cost based on the activity price and generates a credit to the receiver and a debit to the sender for both the quantity and the costs.

D.

The internal activity allocation is carried out via primary cost elements, which are stored in master data of the activity type master record.

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Question # 24

What the significance is of valuated sales order stock?

There are 2 correct answers to this question.

Response:

A.

Variances cannot be determined for this production orders

B.

Combined quantity and value flow

C.

Assembly costs shown without multi-level make-to-production

D.

Provides a cost component split for the cost of goods sold.

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Question # 25

Your customer wants to see a P&L statement for profit centers by the cost-of-sales-accounting approach. Which of the following is the minimum requirement?

A.

Activate profitability analysis.

B.

Create a derivation rule for the functional area.

C.

Activate the scenario functional area in New GL.

D.

Enter the functional area in the profit center master.

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Question # 26

Suppose the financial accounting & management accounting has same number of posting period, but in financial accounting four special periods have been setup but in management accounting two special periods have been setup.

The posting in financial accounting are done for third & fourth special period then what will be the posting in management accounting?

Please choose the correct answer.

Response:

A.

The posting will be done in last management accounting posting period.

B.

The posting will be done in the first special period in management accounting.

C.

The posting will be done in the Second special period in management accounting.

D.

No posting will be done in management accounting.

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Question # 27

What are the key building blocks of the ASAP Roadmap?

A.

Project Quality Gates and Review Services

B.

Phases and Work streams

C.

Phases and Deliverable groups

D.

Phases and Activities

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Question # 28

What does the SAP Web AS provide?

Please choose the correct answer.

Response:

A.

Real-time data exchange with all SAP systems.

B.

Master data harmonization cross SAP NetWeaver.

C.

J2EE and ABAP in a single environment.

D.

Storage of all transactional documents in one single database.

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Question # 29

Which of the following statement are correct in reference to primary cost element?

Please choose the correct answer.

Response:

A.

It can be created without the respective general ledger existing in Operational charts of accounts.

B.

The posting of primary cost element doesn’t require an object in the management accounting to identify the origin of the costs.

C.

You need to create expense accounts in financial accounting with corresponding primary cost elements in controlling.

D.

An example of primary cost is depreciation of fixed assets, telephone expenses, repair& maintenance expenses in a manufacturing organization.

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Question # 30

A customer considers implementing valuated project stock. Which are the benefits of the valuated project stock?

A.

The inventory in a project stock always shows the same valuation as in the common stock of the material.

B.

At period-end closing; the inventory in a valuated project stock is additionally posted as work in process on the project.

C.

The valuated project stock is simple to handle because there is always only one per project.

D.

Creating an inventory will result in an inventory posting instead of a cost posting.

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Question # 31

What does the planner profile in cost center accounting determine?

A.

The available planning layouts.

B.

The required planning sequence.

C.

The available planning level.

D.

The available planning methods (for example, top-down, forecast).

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Question # 32

Why is preliminary costing used for product cost collector?

There are 3 correct answers to this question.

Response:

A.

To determine the activity quantity to be confirmed in repetitive manufacturing

B.

To valuate work in progress

C.

To calculate actual costs on the basis of preliminary cost to valuate the production and scrap variances

D.

Costing lot size, BOM and routing of production process used to arrive at preliminary costing

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Question # 33

How can you achieve periodic controlling when a lot size based production scenario is used by logistics? (Choose two)

A.

Adjust the default rule in the default values for the production order type.

B.

Use an internal order in addition to the production order.

C.

Use a product cost collector in addition to the production order.

D.

Adjust the costing type of the plan costing variant.

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Question # 34

How can you separate vendor payments for construction advances from regular down payments?

A.

Configure a new vendor account group and assign construction advance vendors to it.

B.

Perform a separate payment run for payment of construction advances.

C.

Make regular down payments, open them for update, and flag them as down payments.

D.

Create and use a Special General Ledger indicator for construction advances.

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Question # 35

Which of the following do you define in the general data selection of a Report Painter report?

A.

Parameters valid for all rows and columns.

B.

Parameters for the report to report interface.

C.

Default values for the definition of rows and columns.

D.

User, date, and time of report creation.

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Question # 36

Which of the following views and results do profit center accounting reports in New GL provide? (Choose three)

A.

Return on investment

B.

Balance sheet statement

C.

Fixed and variable cost portions

D.

Variance categories of production

E.

Cost of goods sold

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Question # 37

A customer is using sales order controlling. How are the revenues and cost of goods sold transferred to CO-PA?

A.

By results analysis.

B.

By settlement.

C.

By billing.

D.

By outbound delivery.

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Question # 38

Which of the following fields are required to create a cost center in management accounting (CO)? (Choose two)

A.

User responsible

B.

Hierarchy area

C.

Description

D.

Company code

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