Knowledge quiz

It's time to put what you've learned to the test, get 8 right to pass this unit.

1.

When the order is delivered and settled, the order balance is reduced to zero by transferring the difference between the __________ and the value of the delivery to stock to Financial Accounting.

Choose the correct answer.
2.

In which of the following cases can you not determine work in process of a manufacturing order, including the co-products?

Choose the correct answer.
3.

The system can calculate variances only after the status DLV has been set for the order for:

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4.

How is work in process (WIP) calculated?

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5.

Which of the following supports efficient execution of the period-end closing process?

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6.

If you use Product Cost by Period without the product cost collector, which of the following settings are needed?

There are two correct answers.
7.

If the price control indicator is set to S, the system:

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8.

Which function is used to settle actual costs of co-products in Product Cost by order?

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9.

When do you compare the actual cost of the order with the standard cost estimate and the preliminary cost estimate for each order item?

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10.

The allocation structure contains all cost elements with which the __________can be debited.

Choose the correct answer.