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 following statement is/are incorrect about Controlling module?

A - Controlling provides information for management decision-making.

B - Controlling and Financial Accounting are independent components in the SAP system.

C - One of the main task of Controlling is planning.

D - You can implement Controlling module completely independent of FI.

Answer : D

Explanation

Controlling can be implemented independently of FI, there is some basic configuration that needs to be done in FI.

Q 2 - Cost element for Order settlement is an example of?

A - Primary Cost element

B - Secondary Cost Element

C - Cost Center

D - None of these

Answer : B

Explanation

Secondary Cost Elements

These elements are maintained in Cost Accounting. To create a secondary cost element, system checks account already exists in Financial Accounting and if an account exists, secondary cost element can’t be created.

Common examples of secondary cost elements −

Cost element for Order settlement

Q 3 - Which of the following can be used to copy actuals to a target planning version?

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 - A company in the SAP structure is used as?

A - Same as a company Code

B - A Consolidation Master record

C - Report structures in SAP

D - To accumulate company code data for more than one company code

Answer : B

Q 6 - Which of the following is incorrect about Profit Center?

A - To analyze the cost of a product line or a business unit.

B - To generate profit and loss accounts according to Profit Center and also generate balance sheet.

C - Key components of a profit center includes- name of the profit center, the controlling area under which it is assigned, time period, person responsible for the profit center, standard hierarchy, etc.

D - Profit center can be used for internal and external reporting purposes.

Answer : D

Explanation

You can also generate profit and loss accounts according to Profit Center and also generate balance sheets however Profit center should only be used for internal reporting purposes.

Q 7 - In which of the following process, you need to transfer the data from other SAP components and post in Finance Accounting?

A - Cost Center Planning

B - Period End closing

C - Actual Cost Accounting

D - Cost Center Groups

Answer : B

Explanation

Period end closing is work carried out at period end as part of cost controlling. To perform period end closing, it is required to transfer the data from other SAP components. You should perform all the posting in Finance Accounting.

Q 8 - Which of the following are typical use cases for product cost by period?

A - Very flexible production environment

B - Customer-specific production

C - Continuous production

D - All of the above