Unique Top-selling C_TS4CO_2021 Exams - New 2024 SAP Pratice Exam
SAP Certified Application Associate Dumps C_TS4CO_2021 Exam for Full Questions - Exam Study Guide
SAP C_TS4CO_2021 certification exam is designed for individuals who have experience working with SAP S/4HANA for Management Accounting Associates. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification verifies that the individual has the knowledge and skills required to perform tasks related to cost center accounting, product cost planning, profitability analysis, and other financial accounting functions within SAP S/4HANA. C_TS4CO_2021 exam is intended for consultants, project team members, and other professionals who work with SAP S/4HANA in a management accounting capacity.
SAP C_TS4CO_2021 certification exam is designed for individuals who want to demonstrate their expertise in SAP S/4HANA for Management Accounting Associates. C_TS4CO_2021 exam is intended for professionals who are responsible for managing and supporting SAP S/4HANA Finance solutions. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification exam validates the candidate's knowledge and skills in the areas of cost center accounting, cost element accounting, internal orders, product cost planning, profitability analysis, and profit center accounting.
SAP C_TS4CO_2021 exam is a certification test designed for individuals who are interested in proving their skills and knowledge in SAP S/4HANA for Management Accounting Associates. C_TS4CO_2021 exam covers various aspects of financial and cost accounting in the SAP S/4HANA system, and it is designed to validate the candidate's ability to apply their knowledge to practical scenarios.
NEW QUESTION # 33
How can you populate local variables in Profitability Analysis reports?
- A. By Business Add-In
- B. By user exit
- C. By user entry during report execution
- D. By populating from user parameters
Answer: C
NEW QUESTION # 34
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?
- A. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
- B. Parallel accounting is needed in order to be compliant with different accounting principles.
- C. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
- D. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
Answer: C
NEW QUESTION # 35
In the Product Cost by Order process, what does the system calculate depending on the order status?
- A. WIP at target costs or variances
- B. WIP at percentage of completion (PoC) method or variances
- C. Both WIP and variances
- D. WIP at actual costs or variances
Answer: D
NEW QUESTION # 36
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 profile
- C. Credit component (of the costing sheet)
- D. Settlement rule
Answer: A
NEW QUESTION # 37
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 cost element is exempted from budget availability control.
- B. The purchase order has NOT generated a budget yet.
- C. The purchase order was entered in a different year than the budget.
- D. The difference of 1000 is within the tolerance limits defined in the configuration.
Answer: A,D
NEW QUESTION # 38
You want to run an assessment cycle in Profitability Analysis to allocate cost center costs during period-end closing for your organization. Which of the following objects is part of the assessment cycle?
- A. Tracing factor
- B. Sender cost objects
- C. Template
- D. Cycle iteration
Answer: A
NEW QUESTION # 39
Why would you use manual cost allocation in Controlling? Note: There are 2 correct answers to this question.
- A. To run simple allocations of actual data
- B. To allocate costs using an allocation cycle
- C. To run simple allocations of plan data
- D. To correct secondary postings
Answer: A,D
NEW QUESTION # 40
What can you do with statistical internal orders?
- A. Settle costs to a cost center.
- B. Transfer posting to another internal order.
- C. Simultaneously post to a cost center.
- D. Apply overhead rates to the internal order.
Answer: C
NEW QUESTION # 41
Which of the following objects can be selected in templates for activity-based costing? Note: There are 2 correct answers to this question.
- A. Business process
- B. Internal order
- C. WBS element
- D. Cost center/activity type
Answer: B,C
NEW QUESTION # 42
How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question.
- A. As equivalence number
- B. As percentage rate
- C. As lot-based surcharge
- D. As quantity-based surcharge
Answer: B,D
NEW QUESTION # 43
Which field can you select for both reporting in costing based and account-based Profitability Analysis?
- A. Value in Controlling Area Currency
- B. Cost element
- C. Record type
- D. Version
Answer: D
NEW QUESTION # 44
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?
- A. A new standard G/L ledger with exclusive usage of "Prediction"
- B. A multi-valuation ledger
- C. An extension ledger of type "Simulation"
- D. An extension ledger of type "Prediction and Commitment"
Answer: D
NEW QUESTION # 45
What parameters can you set up when defining order types?
- A. Allow revenue postings.
- B. Define default parameters for master record fields.
- C. Define document type.
- D. Define source structure.
Answer: A,B
NEW QUESTION # 46
To which object do you assign a costing sheet?
- A. Valuation variant
- B. Cost component structure
- C. Transfer control
- D. Costing variant
Answer: A
NEW QUESTION # 47
Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.
- A. It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.
- B. It is the core SAP S4/HANA license and users the same technical stack and user interface.
- C. It uses core data services (CDS ) views to create virtual data models (VDMs ) for reporting.
- D. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analysis Tools for reporting.
Answer: B,C
NEW QUESTION # 48
Which of the following steps are part of the procedure to update the standard price of the material? Note:
There are 2 correct answers to this question.
- A. Split the costs.
- B. Release the cost estimate.
- C. Mark the cost estimate.
- D. Archive the cost estimates.
Answer: B,C
NEW QUESTION # 49
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 addressed ledger must be an extension ledger.
- C. Costing-based Profitability Analysis must be active.
- D. The type of the general ledger account must be primary cost/revenue or secondary cost.
Answer: A,D
NEW QUESTION # 50
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