Explain what is posting key and what does it control ? 

The currency of the controlling area must always be the same as the currency of the company code.

 In 1:n assignments, the operational charts of accounts in all assigned company codes and in the controlling area must be the same.

[CO-OM-CCA] When a cost center is created, certain basic data must be entered. Which of the following are needed when creating a cost center.

A. Assignment to company code          B. Validity period

C. Assignment to cost element            D. Selection of activity unit

E. Cost center category

[CO-OM-CCA] Certain postings to a cost center can be blocked using a cost center indicator. Which of the following blocking indicators can be selected?

A. Material withdrawals             B. Primary costs actual/plan

C. Revenues actual / plan        D. Secondary costs actual/plan

E. Commitments

Which three entries have to be made to define the overhead structure completely?

A. Accrual object(s)                     B. Overhead rates

C. Deferral object(s)                   D. Base cost element(s)

E. Overhead element(s)

How can you assign a profit center to a sales order item?

A. The profit center is taken from the customer master record.
B. The profit center can be entered manually.
C. The profit center for the material is set automatically.
D. The profit center can be set with a substitution.

The SAP standard includes the standard controlling area ______ which can be used as a template for creating other controlling areas.

A. 1000

B. 0001

C. IDES

D. 0002

Before you can create cost centers, you must first create a _______ heirarchy.

A. Logical

B. Optimum

C. Complete

D. Standard