What are the consequences of event-based revenue recognition in the sales process? Note: There

are 2 correct answe rs to this questio n.

AThe cost of goods sold is posted during the billing process

BWhen posting a goods issue, the planned revenue appears as adjusted revenue

CWhen posting a goods issue, the planned costs appear as adjusted costs

DThe billing process results in an offsetting entry for the adjusted revenue

Answer : B, D

In a make-to-order scenario with event-based production accounting, how is work in progress (WIP)

determined? Note: There are 2 correct answe rs to this questio n.

AIt is automatically increased with every goods receipt

BIt is automatically cancelled at goods issue

CIt is automatically posted with every goods issue

DIt is automatically reversed at goods receipt

Answer : C, D

In your system, event-based revenue recognition and COGS split are active. Which accounting

documents are created at goods issue for a sales order?

AOne for goods issue and COGS split, and one for event-based revenue recognition.

BOne for goods issue and event-based-revenue recognition, and one for COGS split.

COne single document for goods issue, COGS split, and event-based revenue recognition.

DOne for goods issue, one for COGS split, and one for event-based revenue recognition.

Answer : D

What are the purposes of the sales order cost estimate? Note: There are 3 correct answe rs to this

questio n.

AIt is the foundation for calculating target costs as part of the production order's variance
calculation.

BIt is the source of the actual price revaluation during period end closing activities.

CIt is used in overhead calculation during period end closing activities on the production
order.

DIt is the basis for the cost of goods sold in Margin Analysis.

EIt will valuate the customer's individual stock.

Answer : A, D, E

What are characteristics of attributed account assignments to profitability segments?

AThey can be used in conjunction with any production order

BThey can be created when posting on all balance sheet accounts

CThey can be used to process follow-on activities

DThey can be used to report margins on WBS elements without performing a settlemen

Answer : C

Free Practice Questions for SAP C_S4CCO_2506 Exam