Check your knowledge

Completed

Answer the following questions to see what you've learned

1.

While working with the Cost control workspace, the cost accountant needs columns to be shown for the selected budget versions to show the difference between budget and actual. What column should be added by using the Columns to display for budgeted costs FastTab?

Budget

Budget variance in %

Budget variance

2.

In the Cost control workspace, which button allows users to be able to view the corresponding statistical measures that are registered for the period based by allocation rule?

Allocation base

Cost entries

View details

3.

You are configuring cost accounting by using the Get started wizard for a legal entity. What should you do to assign the chart of account in this wizard for the selected company?

Nothing

Use the drop-down menu and select the chart of account in the wizard.

You need to set the legal entity and chart of account in the Cost control parameters page.

You must answer all questions before checking your work.