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Cost Center Accounting

Tracks costs and revenues for cost centers

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

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)

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

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?

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

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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