Knowledge quiz

It's time to put what you've learned to the test, get 7 right to pass this unit.

Which of the following statements is correct?

Choose the correct answer.

A work center can only be linked to one cost center, but a cost center can serve multiple work centers.

The standard value key SAP1 – Normal production in the work center specifies services such as shipping and receiving.

The backflushing selection applies regardless of the routing or material master record settings.

Product Cost by Order is best suited for Lot-based production.

Choose the correct answer.

True

False

Which of the following statements is correct?

Choose the correct answer.

Production version manages different variants of the production flow or BOMs that lead to different products.

The repetitive manufacturing profile is a mandatory prerequisite for repetitive manufacturing.

The three raw materials for the Handlebar are procured exclusively from internal sources.

Which of the following statements are correct? Choose the correct answers.

There are two correct answers.

In the master record of material S11-000 – Handlebar, the settings for repetitive manufacturing can be found in view MRP4.

The production version 0001 specifies multiple routings and BOMs for each production method or line.

Valuation class 7900 – Semi-finished Goods is assigned in the Accounting 1 and Costing 2 views.

In the context of the Bike Company, Product Cost by Order, suitable for discrete manufacturing, is used to analyze the costs of creating the semi-finished product handlebar.

Choose the correct answer.

True

False

Which of the following statements are correct?

There are two correct answers.

The BOM specifies which quantity in which unit of measure is used by which raw material or semi-finished product for the production of a product.

Prices of the components are stored separately from the BOM in the individual material masters.

The costing relevance indicator is relevant for both cost planning and actual costing.

Which of the following statements is correct?

Choose the correct answer.

The valuation variant determines the prices with which materials, activity types, subcontracting, external activities, and overhead costs are valuated.

The costing sheet for overhead is separately stored in a different variant from the valuation variant.

Marking a cost estimate directly affects the valuation of the material.

Which of the following statements are correct?

There are two correct answers.

Product costing is used to calculate the cost of goods manufactured and serves as the basis for the standard price of finished goods and semi-finished products.

The standard costs can only be updated in the material master as the current standard price.

A standard cost estimate is created for a combination of material, plant, costing variant, and costing version.

The costing variant does not contain a valuation variant or a costing type.