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1. How is Work in Process (WIP) calculated on a product cost collector?
A) Based on the target cost, depending on the order type settings.
B) Based on actual cost, depending on the order status.
C) Based on the standard cost estimate, independent of the valuation variant settings.
D) Based on target cost, depending on the valuation variant settings.
2. Which field in the material master determines if the value of the material stock changes when releasing a cost estimate for this material?
A) Valuation type
B) Price control
C) Valuation class
D) Price determination
3. A customer wants to allocate overhead costs to a production order. How can the customer achieve that? Note: There are 3 correct answers to this question.
A) Use a template.
B) Use a costing sheet.
C) Define an assessment cycle.
D) Use indirect activity allocation.
E) Use routings and work centers.
4. A customer wants you to explain the results of the preliminary costing of a production order. How are the results determined?
A) The standard cost estimate is copied from the material master and adjusted by the order quantity.
B) The costs are determined by the cost estimate of the reference order.
C) The actual quantities are valuated with plan values.
D) The quantity structure in the production order is valuated by the costing variant settings.
5. What is a report group in Report Painter required for?
A) To serve as a template for the creation of new Report Painter reports.
B) To assign further reports via the report/report interface.
C) To run reports in costing based profitability analysis.
D) To add a report as a sub folder in the Easy Access Menu.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: A,B,E | Question # 4 Answer: D | Question # 5 Answer: B |
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