Latest [Mar 03, 2023] C_TS4CO_2021 Exam with Accurate SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) PDF Questions
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SAP C_TS4CO_2021 Exam Syllabus Topics:
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NEW QUESTION 37
You want to setup integrated planning for your internal order. What do you need to do? Note: There are 2 correct answers to this question.
- A. Set the relevant indicator in the internal order master record.
- B. Set the relevant indicator in the controlling area.
- C. Set the relevant indicators in the CO version.
- D. Set the relevant indicator in the planning profile of the order type.
Answer: A,C
NEW QUESTION 38
What can you configure in the settlement profile? Note: There are 2 correct answers to this question.
- A. Determine an overhead key.
- B. Determine whether settlement is required.
- C. Define document management parameters.
- D. Define a number range for settlement document.
Answer: B,C
NEW QUESTION 39
You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA?
- A. Reporting can be either broad and deep for analysis, or speedy and simple, but not both.
- B. Reporting on data is available in real-time at every level of detail.
- C. Reporting on data in real time is difficult, and complex to design.
- D. Reporting analytical data is always done in a business warehouse system.
Answer: B
NEW QUESTION 40
You use a production order with Product Cost by Period and you entered a results analysis key and variance key. How does the system calculate variances in Product Cost by Period?
- A. Variances = Actual costs - Delivery value
- B. Variances = Actual costs - Delivery value - WIP
- C. Variances = Target costs - Delivery value - WIP
- D. Variances = Target costs - Delivery value
Answer: B
NEW QUESTION 41
You want to use budget availability control for your projects and internal orders. What can you check using budget availability control? Note: There are 2 correct answers to this question.
- A. The availability of funds on period level
- B. The availability of funds in object currency
- C. The availability of funds using overall plan value
- D. The availability of funds according to tolerance limits
Answer: B,D
NEW QUESTION 42
Which of the following objects can be selected in templates for activity-based costing? Note: There are 2 correct answers to this question.
- A. WBS element
- B. Internal order
- C. Business process
- D. Cost center/activity type
Answer: A,B
NEW QUESTION 43
In SAP S/4HANA, you have decided to activate only account-based profitability analysis for your organization. You want to settle costs and revenue of a sales order item to a profitability segment. What do you need to configure?
- A. Cost component structure
- B. Allocation structure
- C. Source structure
- D. PA transfer structure
Answer: D
NEW QUESTION 44
You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?
- A. Assessment
- B. Distribution
- C. Periodic reposting
- D. Direct activity allocation
Answer: A
NEW QUESTION 45
What are some of the unique attributes of an assessment cycle in Controlling? Note: There are 2 correct answers to this question.
- A. They use the original cost element during transfer
- B. They use a secondary cost element during transfer.
- C. They transfer only primary costs.
- D. They transfer primary and secondary costs.
Answer: B,D
NEW QUESTION 46
You have implemented Product Cost by Sales Oder in conjunction with revenue-based 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 costs = 1000
What data does the system calculate during results analysis?
- A. Revenue = 1200; Cost of sales = 800; Reserve = 200
- B. Revenue = 1200; Cost of sales = 800; WIP = 200
- C. Revenue = 1200; Cost of sales = 1000; WIP = 200
- D. Revenue = 1200; Cost of sales = 1000; Reserve = 200
Answer: B
NEW QUESTION 47
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. WBS element
- B. Internal order
- C. Sales order item
- D. General ledger account
- E. Profit center
Answer: A,B,C
NEW QUESTION 48
You create a new profit center. Which company code(s) is it assigned to by default?
- A. All company codes within the controlling area.
- B. All company codes where profit center accounting is activated.
- C. All company codes to which the profit center standard hierarchy is assigned to.
- D. All company codes maintained in your authorization profile.
Answer: A
NEW QUESTION 49
You want to create a new standard cost estimate based on the quantity structure of the existing standard cost estimate. Which object do you use?
- A. Reference variant
- B. Transfer control
- C. Costing version
- D. Costing type
Answer: B
NEW QUESTION 50
Which statements are relevant to the cost of sales accounting method in profitability management? Note:
There are 2 correct answers to this question.
- A. It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities.
- B. It aims to match revenues for goods and services against sales-related expenses.
- C. It presents the costs and revenues information in a format that is ideal for conducting margin analyses.
- D. It aims to summarize activity and situational change for a given organizational unit over a period of time.
Answer: B,C
NEW QUESTION 51
In a standard system delivery, how many free characteristics can be added to an operating concern?
- A. 0-70
- B. 101-150
- C. 71-100
- D. Over 150
Answer: A
NEW QUESTION 52
You are configuring internal order settlement. What do you define which cost element should be settled, using either the original settlement cost elements?
- A. Allocation structure
- B. Settlement rule
- C. Credit component (of the costing sheet)
- D. Settlement profile
Answer: A
NEW QUESTION 53
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 -> requirements class -> planning strategy -> requirements type
- C. MRP group -> Strategy group -> planning strategy -> requirements type
- D. Strategy group -> planning strategy -> requirements class -> requirements type
Answer: A,C
NEW QUESTION 54
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. Account-based Profitability Analysis must be active.
- B. The type of the general ledger account must be primary cost/revenue or secondary cost.
- C. Costing-based Profitability Analysis must be active.
- D. The type of the addressed ledger must be an extension ledger.
Answer: A,B
NEW QUESTION 55
You have activated budget availability control against the overall value for an internal order and entered an overall budget of 10000.
Actuals of 10000 were posted in the previous year.
You are surprised to realize that a purchase order 1000 was created for this internal order in the current year.
How is that possible?
Note: There are 2 correct answers to this question.
- A. The difference of 1000 is within the tolerance limits defined in the configuration.
- B. The purchase order was entered in a different year than the budget.
- C. The purchase order has NOT generated a budget yet.
- D. The cost element is exempted from budget availability control.
Answer: A,D
NEW QUESTION 56
At what level do you create the structure of the operating concern?
- A. Controlling area level
- B. Sales organization level
- C. Client level
- D. Company code level
Answer: C
NEW QUESTION 57
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 = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200"
- B. "Revenue = 1200; Cost of sales = 1000; Revenue surplus =200"
- C. "Revenue = 1500; Cost of sales = 1000; Revenue surplus =300"
- D. "Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300"
Answer: D
NEW QUESTION 58
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