Knowledge quiz

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

Which of the following statements regarding CDS-based reporting in Margin Analysis with an Extension Ledger as the source are correct?

There are three correct answers.

An incoming sales order can be analyzed with Report Painter reports.

When a sales order is created, predictive accounting checks if delivery and invoicing are possible.

The system simulates follow-on processes and creates the journal entries in financial accounting accordingly.

Subsequent financial processes such as revenue recognition and the splitting of costs of goods sold are also triggered.

Which of the following statements regarding Analyzing the Sales Order before Billing are correct?

There are three correct answers.

After posting the goods issue for the outbound delivery, the process flow in the sales order shows the process for planned invoice.

The process flow of the sales order shows whether the delivery has been shipped.

The process flow in the outbound delivery shows the adjusted revenue.

When the goods issue has been posted for the outbound delivery, the process flow in the outbound delivery shows all documents with status "completed."

What happens to the account assignment in a sales order item when Margin Analysis is activated in the controlling area and no other account assignments (like WBS) are controlled by the requirement type?

Choose the correct answer.

The account assignment automatically defaults to Margin Analysis

The account assignment remains blank until manually specified

The account assignment automatically defaults to Cost Center

Which sequences of production including event-based posting are correct?

There are three correct answers.

Create Production Order → Release Production Order → Confirm Production Order with automatic goods issue → Post Goods Receipt → Analyze Variances

Create Production Order → Release Production Order → Post Goods Issue → Confirm Production Order without automatic goods issue → Post Goods Receipt → Analyze Variances

Create Production Order → Release Production Order → Confirm Production Order with automatic goods movements → Post Goods Receipt → Analyze Variances

Create Production Order → Release Production Order → Confirm Production Order with automatic goods movements → Analyze Variances

Which of the following statements related to sales order costing are correct?

There are three correct answers.

The Cost of Goods Manufactured (COGM) is calculated automatically when saving the sales order.

To use the COGM of the sales order item, the cost estimate must have the status "RELEASED."

To use the COGM of the sales order item, the cost estimate must have the status "MARKED," which is set automatically.

Only the customer order calculation contains the variant-related manufacturing costs.

Which of the following statements regarding the conversion of a planned order into a production order are correct?

There are three correct answers.

You can use the app Stock/Requirement List for manual conversion.

Using manual conversion, you can select the production order type.

A sales order must always be converted directly into a production order.

The conversion indicator in the planned order must be set.

Which of the following statements related to the Extension Ledger are correct?

There are two correct answers.

The Extension Ledger is always defined with reference to a parallel ledger.

The Extension Ledger is an add-on ledger using a delta logic.

When posting to the Extension Ledger, the system posts automatically the same value to the Leading Ledger.

When posting to the Leading Ledger, the system posts additionally to the Extension Ledger.

Which of the following statements regarding Event-Based Revenue Recognition of Sales Orders without Billing are correct?

There are two correct answers.

After creating the outbound delivery, adjusted revenue can be analyzed.

After creating the goods issue, adjusted revenue can be analyzed.

To analyze adjusted revenue in margin analysis, the sales order must be settled.

Adjusted revenue can be analyzed in margin analysis immediately when actual costs based on goods issue have been posted. A settlement is not necessary and not possible.

When creating a delivery for a customer order in Make-to-order production, which type of material stock can be selected?

Choose the correct answer.

Only material stock with stock type "Sales Order Unrestricted" that is specifically assigned to the sales order

Any available unrestricted stock, regardless of sales order assignment

Both sales order unrestricted stock and general unrestricted stock interchangeably

10.

In the query Sales Order Actuals, the result of the billed sales order contains:

There are four correct answers.

Revenue with EBRR and offsetting

Revenue Billed

Adjusted Revenue

Cost of Goods Sold (COGS)

Production Variances