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Last Updated: Aug 15, 2026
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| Section | Objectives |
|---|---|
| Month-End Closing Activities | - Settlement and Reconciliation - Overhead Allocation |
| Organizational Assignments and Basic Settings | - Integration with Financial Accounting - Controlling Area Configuration |
| Profitability Analysis (CO-PA) | - Market Segment Definition - Contribution Margin Analysis |
| Internal Orders | - Settlement of Internal Orders - Order Planning and Budget Control |
| Product Cost Controlling | - Cost Object Controlling - Costing Runs and Material Costing |
| Profit Center Accounting | - Profit Center Structure and Maintenance - Transfer Pricing and Reporting |
| Cost Center Accounting | - Actual Postings and Allocations - Cost Center Planning and Budgeting |
1. Which of the following are the usage scenarios for Solution Manager? Note: There are 3 correct answers to this question.
A) Optimization
B) Validation
C) Operations
D) Implementation
E) Retirement
2. In which master record can you enter a profit center directly? Note: There are 3 correct answers to this question.
A) Material master
B) Activity type
C) Cost center
D) Cost element
E) Internal order
3. Which of the following are correct descriptions of profit centers? Note: There are 3 correct answers to this question.
A) Profit centers are the basic organizational units of profitability analysis.
B) Profit centers are usually structured in the hierarchy by region, function or product.
C) Profit centers are sub units of cost centers.
D) Profit centers represent an area of responsibility for cost and revenues.
E) Profit centers are structured in a standard hierarchy.
4. Which of the following needs to be activated in the New GL to implement profit center accounting for all costs and revenues? Note: There are 2 correct answers to this question.
A) Scenario segment reporting
B) Scenario profit center update
C) Real-time integration CO/FI
D) Document splitting
5. A certain cost element has conflicting cost center assignments in the Default Account Assignment field (cost element master data) and in the Automatic Account Assignment table (IMG). What happens when a document is posted with this cost element?
A) The Default Account Assignment (cost element master data) has a higher priority.
B) The Automatic Account Assignment (IMG) has a higher priority.
C) An error message is displayed.
D) The system prompts you in a dialog box.
Solutions:
| Question # 1 Answer: A,C,D | Question # 2 Answer: A,C,E | Question # 3 Answer: B,D,E | Question # 4 Answer: B,C | Question # 5 Answer: B |
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