| AC515-Review
1、Product Cost Controlling is integrated through the processes in logistics:
A、It sets prices for material valuation
B、It provides cost component splits for valuation in Profitability Analysis .
C、Production cost centers and business processes allocate costs to cost objects (like production orders) in CO-PC
D、It calculates Work in Process
E、It settles production variances to Profitability Analysis
(Answer：A 、B、C、D、E)
2、Product costing valuates the quantity structure with the following information:
A、Prices for materials
B、Prices for activities
C、Overhead on the direct costs for these materials and activities
D、Overhead for sales and administration costs
E 、Processes by evaluating the process template
(Answer：A 、B、C、D、E)
3、The following business transactions result in actual costs:
A、Goods movements in Materials Management
B、Invoice receipts in Financial Accounting
C、Confirmations in Production Planning
D、Reposting and allocation of overhead in Cost Accounting
(Answer：A 、B、C、D)
4、You can create the confirmation for each order or for each transaction. Confirmation at transaction level is recommended for the subsequent calculation:
A、Plan cost
B、WIP
C、Variances
(Answer：B、C)
5、Process costs can be allocated via the process :
A、Costing sheet
B、Template
(Answer：B)
6、As long as the process order is not fully delivered or flagged technical complete the remaining order balance is treated as WIP. Otherwise the order balance shows up in variance calculation.
A、True
B、False
(Answer：A)
7、Product Cost Collectors always have the settlement type FULL.
A、True
B、False
(Answer： B)
8、You can use the Product Cost by Sales Order component in the following situations:
A、When you are manufacturing in-house with reference to a sales order.
B、When you are purchasing products with reference to a sales order and reselling them to your customers.
C、When you are providing services whose costs are assigned to a sales order.
(Answer：A 、B、C)
9、Product Cost by Sales Order component
allows you to do the following:
A、Calculate and analyze planned costs and actual costs by sales order item
B、Calculate and analyze planned revenues and actual revenues by sales order item
C、Calculate the value of your inventories of finished and unfinished products
D、Create reserves automatically
E、Transfer data to Financial Accounting (FI)
F、Transfer data to Profitability Analysis (CO-PA)
G、Transfer data to Profit Center Accounting (EC-PCA)
(Answer：A 、B、C、D、E、F、G)
10、The period end closing process for the production orders which are assigned to a sales order consist of :
A、Template allocation
B、Revaluation at actual activity price
C、Overhead
D、Work in process
E、Results analysis
F、Settlement
(Answer：A 、B、C、D、E、F)
11、Results analysis calculate the following vales :
A、Inventory values
B、Overhead
C、Reserves for unrealized costs
D、Reserves for imminent loss
E、Reserves for complaints and commissions
F、Cost of sales
(Answer：A 、C、D、E、F)
12、Sales order with production order enable to:
A、Calculate production variances of related production orders
B、Settle these variances to Profitability Analysis
C、Provide a Cost component split for Cost of Goods sold
D、Sales and pricing decisions
E、Planned costs
(Answer：A 、B、C)
13、The system generates a planned order for the material listed in the sales order item. The planned order can be created in the following ways:
A、Create planned order manually
B、In MRP Run
C、When the sales order is saved
(Answer：B、C)
14、In the standard system , backflushing includes the following functions :
A、Goods receipt posting
B、Goods issue of the material components
C、Calculation of actual costs in production activity posting
D、Reduction of the production quantities
E、Adjustment of the dependent requirements of the components in the reporting point
F、Adjustment of the capacity requirements
(Answer：A 、B、C、D、E、F)
15、A sales order can contain as many items as you require
.
A、True
B、False
(Answer：A)
| 
