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Cost Center Accounting

Tracks costs and revenues for cost centers

Cost Center Accounting allows organizations to classify, allocate, and manage cost activities within cost centers for accurate financial reporting and analysis.

5 minutes 5 Questions

Cost Center Accounting is a vital component within SAP S/4HANA's Management Accounting (CO) module that enables organizations to monitor and analyze internal costs across different operational units or departments. A cost center represents an organizational unit that incurs costs but doesn't gener…

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SAP S/4HANA - Cost Center Accounting Example Questions

Test your knowledge of Cost Center Accounting

Question 1

In SAP S/4HANA Cost Center Accounting, which indicator is used to identify a direct activity allocation?

Secondary Cost Element (20) Distribution (3) Assessment (2) Primary Cost Element (10) Indirect Activity Allocation (1) Actual Activity Allocation (4)

Correct Answer: Actual Activity Allocation (4)

In SAP S/4HANA Cost Center Accounting, the Actual Activity Allocation (4) indicator is used to identify a direct activity allocation.

Question 2

Which of the following reports are available in SAP S/4HANA Cost Center Accounting? (Choose all correct answers)

Reports on inventory balances, General ledger balances Material ledger analysis, Price variance analysis Asset-specific costs, Planned and actual depreciation Product cost analysis, Profitability analysis Profit center comparisons, Period-end closing results Actual and planned costs, Variance analysis

Correct Answer: Actual and planned costs, Variance analysis

In SAP S/4HANA Cost Center Accounting, the available reports focus on actual and planned costs along with variance analysis. The other types of reports mentioned are typically found in other modules or components of the SAP S/4HANA system.

Question 3

Which of the following is true regarding Assessment and Distribution in Cost Center Accounting?

Assessment is used for activity allocation with secondary cost elements Assessment cannot allocate costs for multiple sender cost centers There are no differences between Assessment and Distribution Secondary cost elements are only used in Distribution Distribution is only used for primary cost elements Distribution is not supported in Cost Center Accounting

Correct Answer: Assessment is used for activity allocation with secondary cost elements

Assessment is used for activity allocation with secondary cost elements, and it can allocate costs for multiple sender cost centers. Distribution is used for both primary and secondary cost elements, but it does not involve activity allocation.

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