Question no : 467 CO - Internal Orders Concepts

TERP10 Quiz Unit 13 Management Accounting

Which of the following statements are TRUE regarding Internal Orders ? 

I)      You can assign an Internal Order as an Accounting Assignment Object to a PO item.

II)     An Internal Order can be both real and statistical.

III)    It is a cost collector that can collect expenses incurred through multiple cost centers.

IV)    It is designed for the short-term duration of cost collection. 

A)      I, II.

B)      II, III.

C)      I, IV.

D)      I, II, III.

E)      I, II, III, IV.

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Question no : 466 CO Controlling Basic Concepts

TERP10 Quiz Unit 13 Management Accounting

A company wishes to track costs, and in some cases revenues for its events, within a controlling area. Which of the following Controlling areas would you recommend ? 

A)      Activity Based Costing.

B)      Product Cost Controlling.

C)      Product Cost Planning.

D)      Profitability Analysis.

E)      Internal Orders.

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Question no : 465 CO Controlling Basic Concepts

TERP10 Quiz Unit 13 Management Accounting

_______________ deals mainly with analyzing the effects of enterprise activities on the external market forces. It also enables you to determine how successful the enterprise is in different market segments.

A)      Cost Element Accounting.

B)      Overhead Cost Controlling.

C)      Product Cost Accounting.

D)      Profitability Analysis.

E)      Profit Center Accounting.

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Question no : 464 CO Controlling Basic Concepts

TERP10 Quiz Unit 13 Management Accounting

_______________ examines the origin of costs in the functional areas of an enterprise. 

A)      Cost Element Accounting.

B)      Overhead Cost Controlling.

C)      Product Cost Accounting.

D)      Profitability Analysis.

E)      Profit Center Accounting.

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Question no : 463 CO Controlling Basic Concepts

TERP10 Quiz Unit 13 Management Accounting

Which of the highest level of Organizational unit in CO or Controlling or Management Accounting in SAP ? 

A)      Profit Center.

B)      Controlling Area. 

C)      Operating Concern.

D)      Group of Company. 

E)      Company.

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Question no : 358 CO Internal Orders

TERP10 Unit 13 Management Accounting 

Which of the following statement in NOT TRUE regarding Internal Orders.

(Select ONE best answer)

A)   An internal order can be either real or statistical. 

B)   An internal order is extremely flexible as it can be used for tracing costs and in some cases revenues. 

C)   An internal order can be assigned as account assignment object to a Purchase Order. 

D)   An internal order's costs when finally completed have to be posted to a final destination such as an Asset. 

E)    An internal order only accepts secondary cost element posting as it is a process within the CO function. 

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Question no : 357 CO Basic Concept

TERP10 Unit 13 Management Accounting 

A customer in the musical rental business wish to collect costs conducted in trade fairs, as well as to track costs for maintenance and repair work. Which of the following CO tool would be most appropriate ? 

(Select ONE best answer)

A)   Profit Center Accounting.

B)   Internal Orders.

C)   Cost Center Accounting. 

D)   Profitability Analysis. 

E)    Cost Object Controlling. 

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