Back to SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA)

Product Costing

Calculates product costs based on activities

Product Costing enables organizations to calculate and analyze the costs associated with creating goods and services, making it vital for accurate financial accounting and management decisions.
5 minutes 5 Questions

Product Costing in SAP S/4HANA is a critical component of the Financial Accounting and Controlling (FICO) module that enables organizations to determine accurate costs associated with manufacturing products. It facilitates detailed calculation and analysis of costs incurred throughout the productio…

Test mode:
Start practice test
SAP S/4HANA - Product Costing Example Questions

Test your knowledge of Product Costing

Question 1

Which of the following tasks is not included in the Product Cost Controlling process?

Correct Answer: Vendor Evaluation

Vendor Evaluation is not a part of Product Cost Controlling; it falls under the scope of Procurement and Supplier Management.

Question 2

What type of cost center is used in the allocation of time-based activity costs in SAP S/4HANA?

Correct Answer: Time-based

In SAP S/4HANA, a time-based cost center is specifically used for allocating time-based activity costs to production orders, enabling accurate calculation of product costs.

Question 3

Which of the following cost component types in SAP S/4HANA does not include direct costs?

Correct Answer: Overheads

Overheads are considered as indirect costs, while the rest are examples of direct cost components.

More Product Costing questions
26 questions (total)
Start 26 question test