Below are some General Ledger Account segments, decide which ones are from the company code level? (4 correct answers)

A. Account Number

B. Account Currency

C. Long Text

D. Account Group

E. Field Status Group

F. Open Item Management

G. Line Item Display

Assigning company code to controlling area is one of the most important connections of financial accounting to controlling. This enables all financial transactions to flow over to controlling for internal management accounting purposes. This enables the company to complete all EXCEPT:

Cost center accounting

Profitability analysis

Product costing

Internal orders and more.

These questions can be answered with settlement rule functionality EXCEPT:

What costs are going up over time?

What percentage of costs needs to go to different receivers of costs?

Where will those costs go (receivers of cost)?

What cannot be a receiver of cost?

Which is the secondary cost element?

Rent expense

Bad debt expense

Labor

All of the above

Which is the allocation method to get costs to the right place in SAP:

Distribution

Reposting

Assessment

All of the above

A periodic allocation method that deals with the allocation of both primary and secondary costs is:

Distribution

Reposting

Periodic reposting

Assessment

Which is/are the features of Profitability Analysis?

Good for individual customers

Used for Segment Reporting

Good for businesses

A and B

B and C

What is the key integration of financial accounting to controlling?

A. Primary Cost Center

B. Primary Cost Element

C. Primary Profit Center

D. Primary Controlling Element

E. Primary Integration Center

Valuation area must be set to the level in order to use the production planning component and/or the costing component.

Plant

Company code

Enterprise

Client

XYZ client has two operating units located at US and Europe respectively. US operating unit has 2 manufacturing facilities located - Loc1, Loc2. Europe operating unit has 2 manufacturing units Loc3, Loc4. How is the enterprise structure configured in system?

US00 -> Loc1, Loc2

UK00 -> Loc3, Loc4

XYZ -> US00, UK00

All of the above

Only A B