Knowledge quiz

It’s time to put what you’ve learned to the test, get 4 questions right to pass this unit.

Choose the correct answer.

True

False

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True

False

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The posting creates a debit of statistical costs on the cost center and the profit center.

The posting creates a debit of actual costs on the cost center and the profit center.

The posting creates a debit of actual costs on the cost center and statistical costs on the profit center.

The posting creates a debit of actual costs on the profit center and statistical costs on the cost center.

Choose the correct answer.

Operating Concern → Company Code → Controlling Area

Operating Concern → Controlling Area → Company Code

Company Code → Operating Concern → Controlling Area

There are three correct answers.

A Standard Cost estimate includes cost sources like indirect material costs and manufacturing costs.

A Standard Cost estimate includes cost sources like direct material costs, manufacturing costs, and overhead costs.

CO-PC has two areas: Product Planning and Cost Object Controlling.

CO-PC helps to record, monitor, and optimize the manufacturing costs of a product.

A Standard Cost estimate calculates the minimum selling price for a product to break even.