SAP CCA Online Quiz

Following quiz provides Multiple Choice Questions (MCQs) related to SAP CCA. You will have to read all the given answers and click over the correct answer. If you are not sure about the answer then you can check the answer using Show Answer button. You can use Next Quiz button to check new set of questions in the quiz.

Q 1 - Which of the following contains master data objects: Cost center, activity types and Static key figures?

A - Cost Center

B - Profit Centers

C - Investment Centers

D - None of these

Answer : A

Explanation

Cost Center represents a smallest unit of responsibility in an organization and contains master data objects: Cost center, activity types and Static key figures.

Q 2 - When you post a fixed amount to a cost elements by mentioning account number, it is known as?

A - Indirect Posting

B - Direct Posting

C - Subsequent Posting

D - None of the above

Answer : B

Explanation

Cost element category is used to define if you can post to cost element directly or not. When you post a fixed amount to a cost elements by mentioning account number, it is called direct posting. In direct posting, you can post directly to all primary cost elements by specifying the account number.

Q 3 - Which of the following Transaction Code is used to create Cost Center Element?

Answer : A

Q 4 - Which of the following currency type is used for cost accounting and is based on assignment control indicator and currency type?

A - Controlling Area Currency

B - Object Currency

C - Transaction Currency

D - None of these

Answer : A

Explanation

Controlling area currency

The system uses this currency for cost accounting. This currency is set up when you create the controlling area. It is based on the assignment control indicator and the currency type.

Q 5 - In SAP system, you consider Controlling (CO) and Financial Accounting (FI) as two independent components and data flow occurs between two components?

A - True

B - False

Answer : A

Q 6 - Which of the following is incorrect about Profit Center?

A - To analyze the cost of a product line or a business unit.

B - To generate profit and loss accounts according to Profit Center and also generate balance sheet.

C - Key components of a profit center includes- name of the profit center, the controlling area under which it is assigned, time period, person responsible for the profit center, standard hierarchy, etc.

D - Profit center can be used for internal and external reporting purposes.

Answer : D

Explanation

You can also generate profit and loss accounts according to Profit Center and also generate balance sheets however Profit center should only be used for internal reporting purposes.

Q 7 - In year-end closing, you can’t transfer carry forward to first period of next fiscal year?

A - True

B - False