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10 Cards in this Set
- Front
- Back
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Which of the following statements are true for a posting key?
Choose the correct answers. A It applies to the whole Financial Accounting (FI) document. B) It defines the account type to be posted. C) It defines the type of posting (debit or credit). D) It specifies the debit and credit totals of the document. |
B) It defines the account type to be posted.
C) It defines the type of posting (debit or credit). |
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Which of the following are components of Management Accounting?
Choose the correct the answers. A) Cost Element Accounting B) Financial Accounting (FI) C) Cost Center Accounting D) Profitability Analysis |
A) Cost Element Accounting
C) Cost Center Accounting D) Profitability Analysis |
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Sales order management is a primary source for ________ in Profitability Analysis (CO-PA) and Profit Center Accounting (EC-PCA).
Choose the correct answer. A) Journal postings B) Revenue postings C) Vendor invoice |
B) Revenue postings |
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Which of the following is a statistical Controlling object?
Choose the correct answer. A) Profit center B) Cost center C) Profitability segment D) Primary cost element |
A) Profit Center
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Sales order management is a primary source for ________ in Profitability Analysis (CO-PA) and Profit Center Accounting (EC-PCA). Choose the correct answer. A) Journal postings B) Revenue postings C) Vendor invoices |
B) Revenue postings
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A purchasing organization can procure material or services for only one plant. Determine whether this statement is true or false. |
FALSE |
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A purchasing organization is always assigned to one plant.
Determine whether this statement is true or false. |
FALSE |
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A purchasing group is always responsible for only one purchasing organization.
Determine whether this statement is true or false. |
FALSE |
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The availability of purchase order and _______ data means that you can be informed of quantity and price variances.
Choose the correct answer. A) Purchase requisition B) Goods receipt C) Invoice receipt |
B) Goods receipt
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Which of the following is the smallest organizational unit of external accounting?
Choose the correct answer. A) Company code B)Plant C)Storage location |
A) Company code
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