SAP Management Accounting

Statistical key figures can be used for periodic allocation transactions as well for analysis purposes. How is this called?

Allocation base or tracing factors

It is a measurable that can be assigned to cost centers, activity types, overhead orders, business processes, and profit centers.

Statistical key figures

They cannot allocate costs to other object (statistical order, statistical project, profit center)

Statistical objects

It classifies the activities that are to be performed within a company by one or several cost centers

Activity type

From where does the costing-based profitability analysis information is taken?

An order creation or change and when an invoice is generated

A profit center can represent:

An organizational unit within the company, a line a business, a geographical location.

The receivers on an assesment can be:

Cost centers, wbs elements, internal orders, cost objects, business pocesses.

Is designed for the allocation of primary and secondary costs from a sender cost center to receiver controlling objects

Assesment

Which process of the order to cash business process affects COPA?

Billing

They can be used to group strategic business units for reporting P/L and financial statements

Business areas

Its aim is to calculate plnning cots to define deviations later and to prepare the allocation to cost bearers.

Cost center planning

Is the basic organizational unit in Management Accounting, is a closed entity used for cost accounting.

Controlling area

Which are the three curriencies you can use in Management Accounting

Controlling area currency Company code currency or object currency Transaction currency

Organizaitonal unit in a controlling area representing a clearly delimited location where costs occur.

Cost center

Which components tracks where costs occur in your organization?

Cost center accounting component

When you create a cost estimate with a quantity structure, what data should you enter?

Costing variant, material, plant, lot size

What are the two versions available for profitability reporting

Costing-based, account-based

Which transaction in Materials Management can generate commitment positngs within Management Accounting?

Creation of purchase orders

It deals with the measurement, posting, and allocation of an aorganizational activity

Direct activity allocation

You cant assign more than one company code to a controlling area

False

Is a primary source of data for Management accounting

Financial Accounting

Which are the two categories for statistical key figures?

Fixed value Totals value

Which transaction from Materials Management results in a cost posting in Management Accounting?

Goods Issue

It offers an opportunity to allocate labor costs to various controlling objects, and the possibility to transfer and use planned personnel costs

Human Capital Management

They provide capabilities for planning, monitoring, and allocation of costs

Internal orders

Contains al the functions necessary for effective cost and revenue controlling

Management Accounting

It represents the structure of external market segments for the enterprise.Its the highest module in Management Accounting.

Operating concern

Which are the three different cost planning levels?

Overall planning, primary secondry cost and revenue planning, unit costing

In which controlling area can you allocate costs to cost centers, internal orders, and other processes?

Overhead Cost controlling

Internal orders are divided into different categories

Overhead, investment, accrual, orders with revenue

It represents a production unit and is the central organization in Materials Management and Production Planning.

Plant

From where does the account-based profitability analysis information is taken?

Posting a goods issue and when an invoice is generated

Ensures a relationship between FI and CO, all postings to this type of expense account always arrive in CO at the same time

Primary cost element

What are the components of CO PC

Product Cost planning Cost object controlling Actual costing and material ledger

It is concerned with all aspects of planning the cost of producting products or services, as well as tracking and analyzing the actual costs

Product cost accounting

Which transaction in Management Accounting can update price fields in material master records?

Product cost esstimates

They function as a dimension for reporting

Profit center

Its goal is to measure the profitability of areas of responsibility within the organization

Profit center accounting

Components of Management Accounting

Profitability Analysis Profit Center Accounting Overhead Cost controlling Product cost controlling Cost element accounting

It enables you to analyze the profitability of segments in your external market and provides market oriented decision support

Profitability analysis

Is a primary source for revenue postings for Management Accounting

Sales Order Management

They are defined only in CO and are used for internal CO allocations. They do not have any corresponging G/L accounts in FI

Secondary cost element

Business areas can be cross-company code

True

Most expense postings in the g/l resut in a cost posting in Management Accounting

True

You can assign several controlling areas to each operatig concern

True

Posting coss and revenues to Management Accounting can result in...

True and statistical objects.

They act as sending or receiving objects during cots allocation (cost center, internal order, cost object, project, network, profitability segment, etc)

True objects

What does the marking and realising of a standard cost estimate creates?

Updates the standard price for the material and revaluates the inventory