EMT Practice Test

1. Question Content...

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Question1: How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question.

Question2: Which of the following steps are part of the procedure to update the standard price of the material? Note: There are 2 correct answers to this question.

Question3: You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA?

Question4: You have implemented Product Cost by Sales Oder in conjunction with revenue-based results analysis in your organization.
For a particular sales order item, you have the following:
Plan revenue = 3000; Plan costs = 2000
Actual revenue = 1200; Actual costs = 1000
What data does the system calculate during results analysis?

Question5: Which of the following objects can be selected in templates for activity-based costing? Note: There are 2 correct answers to this question.

Question6: In SAP S/4HANA, you have decided to activate only account-based profitability analysis for your organization. You want to settle costs and revenue of a sales order item to a profitability segment. What do you need to configure?

Question7: You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?

Question8: In a standard system delivery, how many free characteristics can be added to an operating concern?

Question9: Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question.

Question10: Which receiver must be allowed in the settlement profile of product cost collector?

Question11: Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.

Question12: Which statement best describes the Query Browser for reporting?

Question13: You want to maintain a cost component structure. What can you determine for each cost component? Note: There are 3 correct answers to this question.

Question14: You want to use template to consider overhead during product costing. How do you assign the template to your material?

Question15: In the material master record there are three planned prices: ""Planned price 1"", ""Planned price 2""and""Planned price 3"". What do you use them for?

Question16: You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? Note: There are 3 correct answers to this question.

Question17: You are working in the machinery industry and you consider implementing cost center budget management.
Which functions are available for cost center budget management? Note: There are 2 correct answers to this question.

Question18: You are creating new activity type and want to maintain plan prices for a cost center. Which attribute must you configure in the activity type master record? Note: There are 3 correct answers to this question.

Question19: You want to create a new standard cost estimate based on the quantity structure of the existing standard cost estimate. Which object do you use?

Question20: What can you manage via the account assignment category? Note: There are 2 correct answers to this question.

Question21: At what level do you create the structure of the operating concern?

Question22: Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?

Question23: How do you define the relationship between an operating concern and a controlling area?

Question24: What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.

Question25: What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are 2 correct answers to this question.

Question26: For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.

Question27: You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?

Question28: At which level do you define the valuation method for results analysis?

Question29: You are configuring internal order settlement. What do you define which cost element should be settled, using either the original settlement cost elements?

Question30: Which type(s) of Profitability Analysis update (s) the cost of goods sold at the time of delivery only?

Question31: What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question.

Question32: You use a production order with Product Cost by Period and you entered a results analysis key and variance key. How does the system calculate variances in Product Cost by Period?

Question33: What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item? Note: There are 2 correct answers to this question.

Question34: What are some of the unique attributes of an assessment cycle in Controlling? Note: There are 2 correct answers to this question.