SAP CCA Online Quiz

Following quiz provides Multiple Choice Questions (MCQs) related to SAP CCA. You will have to read all the given answers and click over the correct answer. If you are not sure about the answer then you can check the answer using Show Answer button. You can use Next Quiz button to check new set of questions in the quiz.

Q 1 - Which of the Transaction code can be used to create an activity type in Controlling?

Answer : B

Q 2 - Which of the following is incorrect about Cost Center?

A - Cost center in accounting is used to differentiate between different activities and for differentiated controlling of costs arising in an organization.

B - Each cost center is assigned with different activity types and each activity type shows the specific activities in cost center.

C - You can create Cost center without using cost center hierarchical structure.

D - Cost centers can be further combined into cost center groups and they can be used to create cost center hierarchies.

Answer : C

Explanation

A Cost center hierarchy contains cost centers for a given and it is known as standard hierarchy.

To create a cost center, you have to first define cost center hierarchical structure.

Q 3 - Which of the following Transaction Code is used to create Cost Center Element?

Answer : A

Q 4 - If you are able to create a primary cost element in SAP CO system. What would you check first?

A - A Valid Cost Element Category exists

B - P/L account exists

C - G/L has the same currency as Controlling Area.

D - All of the above

Answer : B

Q 5 - Costs and revenues incurred for activities for external partners or for internal activities that do not form part of the core business for your organization are monitored using?

A - Internal Order

B - Investment Order

C - Accrual Order

D - Order with Revenues

Answer : D

Explanation

Investment cost related to fixed assets are monitored using Investment orders.

Period-related accrual calculation between expenses in FI and the costing-based costs debited in Cost Accounting are monitored using Accrual orders.

Costs and revenues incurred for activities for external partners or for internal activities that do not form part of the core business for your organization are monitored using order with revenues.

Q 6 - Which of the following allows you to calculate key figures in cost accounting like- ROI, Cash flow etc. and it allows you to delegate responsibility to decentralized units and allows you to treat as separate companies in a company?

A - Cost Center

B - Profit Center

C - Investment Center

D - Cost Center Element

Answer : B

Explanation

SAP CO-Profit center is used for managing internal controlling. When you dividing your company into profit centers, it allows you to delegate responsibility to decentralized units and allows you to treat as separate companies in a company. It also allows you to calculate key figures in cost accounting like- ROI, Cash flow, etc.

Q 7 - When actual cost on cost center is different from target cost or planning was over/under, it is called?

A - Variance Calculation

B - Cost Center Planning

C - Period End closing

D - Actual Cost Accounting