C_TFIN22_65 · Question #14
How can you credit internal orders at period-end closing? Note: There are 2 correct answers to this question.
The correct answer is A. Use periodic reposting. C. Use settlement. Internal orders can be credited at period-end closing through periodic reposting, which reallocates costs, and settlement, which allocates the order's balance to a receiver.
Question
How can you credit internal orders at period-end closing? Note: There are 2 correct answers to this question.
Options
- AUse periodic reposting.
- BUse overhead surcharging.
- CUse settlement.
- DUse template allocation.
How the community answered
(25 responses)- A92% (23)
- B4% (1)
- D4% (1)
Why each option
Internal orders can be credited at period-end closing through periodic reposting, which reallocates costs, and settlement, which allocates the order's balance to a receiver.
Periodic reposting is a period-end closing activity used to reallocate actual costs and revenues from one Controlling object to another, effectively crediting the original internal order by moving costs out of it.
Overhead surcharging is a method to apply overhead costs *to* an internal order, not to credit it by moving costs *from* it.
Settlement is a primary period-end closing function for internal orders where the balance collected on the order is allocated to one or more receiver objects, thus crediting the internal order's balance to zero or a specific value.
Template allocation is a planning tool for allocating costs based on templates, not a standard method for crediting actual internal order balances at period-end closing.
Concept tested: Internal order period-end closing activities
Topics
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