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NEW QUESTION 39
You want to determine which operations of the routing should be considered in a product cost calculation.
How do you do this? Note: There are 2 correct answers to this question.

  • A. By assigning a cost center to the work center in the operation
  • B. By marking the Relevance to Costing indicator in the operation
  • C. By defining a usage key in the header of the routing.
  • D. By marking the cost indicator in the control key assigned to the operation

Answer: B,D

 

NEW QUESTION 40
You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?

  • A. Budget availability control
  • B. Accrual calculation
  • C. Periodic reporting
  • D. Indirect activity allocation

Answer: B

 

NEW QUESTION 41
Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.

  • A. Inventory cost estimate of all the materials in one plant
  • B. Current cost estimate of all the materials in all controlling area
  • C. Standard cost estimate of all the materials in all plants of a controlling area
  • D. Product cost collector cost estimate in one plant

Answer: A,D

 

NEW QUESTION 42
You are configuring internal order settlement. What do you define which cost element should be settled, using either the original settlement cost elements?

  • A. Credit component (of the costing sheet)
  • B. Settlement rule
  • C. Settlement profile
  • D. Allocation structure

Answer: D

 

NEW QUESTION 43
What are some of the objectives of Profitability Analysis? Note: There are 2 correct answers to this question.

  • A. Provide the company with information on the performance of its market segments.
  • B. Provide the company with a detailed view of its financial statements by areas of responsibilities.
  • C. Allow the company to determine if the sales force achieved their contribution margin goals.
  • D. Allow the company to determine standard costs and revenues according to the period accounting method.

Answer: A,C

 

NEW QUESTION 44
……

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