2023 C_TS4CO_2021 exam torrent C_TS4CO_2021 Study Guide
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The SAP C-TS4CO-2021 exam is ideal for professionals who work with SAP S/4HANA Management Accounting on a daily basis, such as management accountants, financial analysts, and business analysts. The certification is also beneficial for those who want to enhance their knowledge of the SAP S/4HANA Management Accounting module and advance their career in this field. Candidates who pass the exam will gain recognition for their skills and knowledge, which can lead to increased job opportunities and higher salaries.
NEW QUESTION # 22
At what level do you create the structure of the operating concern?
- A. Company code level
- B. Sales organization level
- C. Controlling area level
- D. Client level
Answer: D
NEW QUESTION # 23
What can you do with statistical internal orders?
- A. Transfer posting to another internal order.
- B. Simultaneously post to a cost center.
- C. Apply overhead rates to the internal order.
- D. Settle costs to a cost center.
Answer: B
NEW QUESTION # 24
Which processes split costs into their primary cost components? Note: There are 2 correct answers to this question.
- A. Cost center/activity type price calculation
- B. Settlement of internal orders
- C. Execution of the assessment cycles
- D. Business process price calculation
Answer: A,D
NEW QUESTION # 25
You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirements must be fulfilled? Note: There are 2 correct answers to this question.
- A. The type of the general ledger account must be primary cost/revenue or secondary cost.
- B. Costing-based Profitability Analysis must be active.
- C. The type of the addressed ledger must be an extension ledger.
- D. Account-based Profitability Analysis must be active.
Answer: A,D
NEW QUESTION # 26
Which statements best describes a single cost center standard hierarchy?
- A. It is a structure to which all the cost centers within a controlling area are assigned.
- B. It is a structure to which all the cost centers within an operating concern are assigned.
- C. It is a structure to which all cost center groups create for a controlling area are assigned.
- D. It is a structure to which all cost center groups created within an operating concern are assigned.
Answer: A
NEW QUESTION # 27
How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?
- A. By defining the characteristic value as a value field
- B. By defining the characteristic value as a key figure
- C. By defining the characteristic value in the check table
- D. By defining the characteristic value in the field catalog
Answer: C
NEW QUESTION # 28
How can you populate local variables in Profitability Analysis reports?
- A. By populating from user parameters
- B. By Business Add-In
- C. By user entry during report execution
- D. By user exit
Answer: C
NEW QUESTION # 29
What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are
2 correct answers to this question.
- A. Value of conditions of pricing procedure
- B. Production variances split by variance categories
- C. Cost of goods sold split by cost components
- D. Value of "Gross Margin 2"
Answer: A,C
NEW QUESTION # 30
You have implemented Product Cost by Sales Oder in conjunction with cost-based POC results analysis in your organization.
For a particular sales order item, you have the following:
Plan revenue = 3000; Plan costs = 2000
Actual revenue = 1200; Actual cost=1000
What data does the system calculate during results analysis?
- A. "Revenue = 1500; Cost of sales = 1000; Revenue surplus =300"
- B. "Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300"
- C. "Revenue = 1200; Cost of sales = 1000; Revenue surplus =200"
- D. "Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200"
Answer: B
NEW QUESTION # 31
In which module do you process profit center allocations in SAP S/4HANA?
- A. General ledger accounting
- B. Cost center accounting
- C. Product cost accounting
- D. Account-based profitability analysis
Answer: A
NEW QUESTION # 32
You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? Note: There are 3 correct answers to this question.
- A. To set the initial status as Created or Released
- B. To define users for the order
- C. To permit or forbid specific transactions
- D. To define the user status
- E. To activate the CO partner update
Answer: A,C,D
NEW QUESTION # 33
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?
- A. Periodic-accounting based
- B. Account-based only
- C. Both account-based and costing-based
- D. Costing-based only
Answer: B
NEW QUESTION # 34
In the material master record there are three planned prices: ""Planned price 1"", ""Planned price
2""and""Planned price 3"". What do you use them for?
- A. To valuate the materials in cost estimates
- B. To valuate material stocks
- C. To update the standard price during the release of a standard cost estimate
- D. To valuate goods movement
Answer: A
NEW QUESTION # 35
You are setting up a direct internal activity allocation in SAP S4/HANA. What is valid receivers for the activity? Note: There are 3 correct answers to this question.
- A. General ledger account
- B. WBS element
- C. Profit center
- D. Sales order item
- E. Internal order
Answer: B,D,E
NEW QUESTION # 36
You are considering using commitment management with internal orders. What do you need to do in the configuration?
- A. Activate commitment management in the controlling area, the order type, and in individual internal order master data.
- B. Activate commitment management in both the version and the order type.
- C. Activate commitment management only in the controlling area.
- D. Activate commitment management in both the controlling area and the order type.
Answer: D
NEW QUESTION # 37
What parameters can you set up when defining order types?
- A. Define document type.
- B. Allow revenue postings.
- C. Define default parameters for master record fields.
- D. Define source structure.
Answer: B,C
NEW QUESTION # 38
What are some of the characteristics of SAP Core Data Services (CDS) views? Note: There are 3 correct answers to this question.
- A. CDS views have no latency.
- B. CDS views are considered system modifications.
- C. CDS views have ready-to-use content.
- D. CDS views support authorization.
- E. CDS views duplicate data for reporting efficiencies.
Answer: A,C,D
NEW QUESTION # 39
You want to create cost centers for your company. What is the prerequisite to build an organizational structure for overhead cost controlling?
- A. Profit center
- B. Cost center categories
- C. Standard hierarchy top node
- D. Person responsible
Answer: C
NEW QUESTION # 40
You post a billing document for a sales order with sales order controlling. What data flows to Profit Center Accounting? Note: There are 2 correct answers to this question.
- A. Order quantity
- B. Revenues
- C. Sales deductions
- D. Payment Discount
Answer: B,C
NEW QUESTION # 41
How does the system derive the requirement type from the material master data? Note: There are 2 correct answers to this question.
- A. Strategy group -> planning strategy -> requirements type
- B. MRP group -> Strategy group -> planning strategy -> requirements type
- C. Strategy group -> planning strategy -> requirements class -> requirements type
- D. MRP group -> requirements class -> planning strategy -> requirements type
Answer: A,B
NEW QUESTION # 42
To which object do you assign a costing sheet?
- A. Cost component structure
- B. Costing variant
- C. Valuation variant
- D. Transfer control
Answer: C
NEW QUESTION # 43
What does SAP/S4HANA select line-item-based data for costing based Profitability Analysis reports?
- A. It select actual data from table ACDOCA and plan data from COSP.
- B. It select actual data from table CE2XXXX and plan data from CE3XXXX.
- C. It select actual data from table CE1XXXX and plan data from CE2XXXX.
- D. It select actual data from table ACDOCA and plan data from ACDOCP.
Answer: C
NEW QUESTION # 44
Which field can you select for both reporting in costing based and account-based Profitability Analysis?
- A. Record type
- B. Version
- C. Value in Controlling Area Currency
- D. Cost element
Answer: B
NEW QUESTION # 45
You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?
- A. Periodic reposting
- B. Assessment
- C. Direct activity allocation
- D. Distribution
Answer: B
NEW QUESTION # 46
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