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Controlling

Management of company's costs and revenues

Controlling covers the processes related to the organization's costs, revenues, profitability analysis, and overhead cost controlling. It supports cost allocation, analysis, and decision-making in financial management.
5 minutes 5 Questions

Controlling (CO) in SAP S/4HANA is a crucial component that focuses on internal management accounting and cost analysis. It provides tools for planning, reporting, and monitoring an organization's costs and revenues to support managerial decision-making. Key aspects of Controlling include: 1. Cos…

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SAP S/4HANA - Controlling Example Questions

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Question 1

What is the main goal of SAP S/4HANA Finance?

Correct Answer: Simplify finance processes and improve financial efficiency

SAP S/4HANA Finance's main goal is to simplify finance processes and improve financial efficiency by providing real-time information and supporting better business decisions.

Question 2

What is the main purpose of profit centers?

Correct Answer: To analyze profitability

The main purpose of profit centers is to analyze the profitability of an organization's individual units or divisions in order to make better management decisions.

Question 3

Which of the following is created in the 'Manage Financial Statement Versions' app?

Correct Answer: Financial statement version

The 'Manage Financial Statement Versions' app is used to define and update financial statement versions, which provide a specific view of the organization's financial structure for reporting purposes.

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