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Fico Sap Homework

Autor:   •  November 30, 2017  •  780 Words (4 Pages)  •  747 Views

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c. Activity based costing

d. Profitability analysis

- Which of the following areas of Controlling utilizes "statistical" accounting?

a. Cost center controlling

b. Product cost controlling

c. Profit center accounting

d. Profitability analysis

- A controlling area may have multiple company codes assigned to it

a. True

b. False

- There can be only one cost center hierarchies in a given company code

a. True

b. False

- The costs transferred from financial accounting to controlling are known as

a. Primary costs

b. Secondary costs

c. Relevant costs

d. Operational costs

- An organizational unit within a controlling area that represents a defined area of cost

incurrence is a

a. Profit center

b. Cost center

c. Controlling area

d. Investment center

- All cost centers in a company must be assigned to a

a. Sales organization

b. Controlling area

c. Business unit

d. Standard hierarchy

- A given cost center could be assigned to a cost center hierarchy based on

a. Geographical location

b. Function performed

c. Cost responsibility

d. Any of the above

- Costs that arise from the consumption of goods and services originating outside of the company are known as

a. Direct costs

b. Overhead costs

c. Secondary costs

d. Primary costs

- Which of the following is used to classify valuated consumption of production factors in controlling

a. Cost elements

b. Cost centers

c. Activity costs

d. Production costs

- An entry to a primary expense account in Financial Accounting results in an automatic entry to the related cost object in Controlling

a. True

b. False

- Which of the following costs exists only in the Controlling area

a. Primary costs

b. Secondary costs

c. Direct costs

d. Overhead costs

- The valuated consumption of company internal activities is tracked by the use of

a. Primary costs

b. Secondary costs

c. Direct costs

d. Overhead costs

- The allocation method in which a primary cost is allocated to receiver cost objects is

a(an)

a. Allocation

b. Distribution

c. Assessment

d. Primary assignment

- Which of the following costs can be allocated using an assessment

a. Primary costs

b. Secondary costs

c. Either a or b

d. Neither a nor b

- Allocation of costs through a distribution or assessment can be accomplished by any

method management desires

a. True

b. False

- The allocation method in which a secondary cost is allocated to receiver cost objects is a(an)

a. Allocation

b. Distribution

c. Assessment

d. Primary assignment

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