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SAP C-TS4CO-2021 exam covers a range of topics related to SAP S/4HANA Management Accounting, including cost center accounting, product cost planning, profitability analysis, internal orders, and more. C_TS4CO_2021 exam includes multiple-choice questions that test knowledge and understanding of these topics, as well as scenario-based questions that require candidates to apply their knowledge to real-world situations.
NEW QUESTION # 39
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 define the user status
- D. To activate the CO partner update
- E. To permit or forbid specific transactions
Answer: A,C,E
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. Revenues
- B. Order quantity
- C. Sales deductions
- D. Payment Discount
Answer: A,C
NEW QUESTION # 41
What are the some of the characteristics of Profit Center Accounting in SAP S4/HANA? Note: There are 2 correct answers to this question.
- A. It is integrated in the universal journal.
- B. It can be used in the settlement rule for internal order.
- C. It is possible to derive the profit center from the segment in configuration.
- D. It can be used with period and/or cost of sale accounting.
Answer: A,D
NEW QUESTION # 42
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. Distribution
- C. Assessment
- D. Direct activity allocation
Answer: C
NEW QUESTION # 43
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?
- A. An extension ledger of type "Prediction and Commitment"
- B. A new standard G/L ledger with exclusive usage of "Prediction"
- C. A multi-valuation ledger
- D. An extension ledger of type "Simulation"
Answer: A
NEW QUESTION # 44
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. Archive the cost estimates.
- C. Mark the cost estimate.
- D. Release the cost estimate.
Answer: C,D
NEW QUESTION # 45
You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?
- A. Accrual calculation
- B. Periodic reporting
- C. Budget availability control
- D. Indirect activity allocation
Answer: A
NEW QUESTION # 46
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 # 47
You are setting up costing-based Profitability Analysis for your organization. How do you configure the deferent market segments?
- A. As characteristics
- B. As value fields
- C. As divisions
- D. As key Figures
Answer: A
NEW QUESTION # 48
You are running an indirect activity allocation. What do you post to the sender and receiver?
- A. You post both quantity and cost to the sender, and cost only to the receiver.
- B. You post both quantity and cost to the receiver, and cost only to the sender.
- C. You post quantity and cost to both the sender and receiver.
- D. You post only cost to both the sender and receiver.
Answer: C
NEW QUESTION # 49
Why would you use manual cost allocation in Controlling? Note: There are 2 correct answers to this question.
- A. To run simple allocations of plan data
- B. To run simple allocations of actual data
- C. To correct secondary postings
- D. To allocate costs using an allocation cycle
Answer: B,C
NEW QUESTION # 50
You are configuring internal order settlement. What do you define which cost element should be settled, using either the original settlement cost elements?
- A. Credit component (of the costing sheet)
- B. Settlement profile
- C. Allocation structure
- D. Settlement rule
Answer: C
NEW QUESTION # 51
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 purchase order has NOT generated a budget yet.
- B. The purchase order was entered in a different year than the budget.
- C. The difference of 1000 is within the tolerance limits defined in the configuration.
- D. The cost element is exempted from budget availability control.
Answer: C,D
NEW QUESTION # 52
Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question.
- A. It is used when you perform repetitive manufacturing.
- B. It is recommended for products with a long production time.
- C. It is used when full cost traceability is needed.
- D. It is used when controlling by individual production lots or discrete quantities is needed.
Answer: C,D
NEW QUESTION # 53
Which of the following values can be calculated using result analysis? Note: There are 3 correct answers to this question.
- A. Cost of goods manufactured
- B. Gross margin
- C. Cost of sales
- D. Work in progress
- E. Reserves for unrealized costs
Answer: C,D,E
NEW QUESTION # 54
What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question.
- A. Cost centers
- B. Cost element
- C. Activity type
- D. Statistical key figures
Answer: A,C
NEW QUESTION # 55
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. Value of "Gross Margin 2"
- C. Cost of goods sold split by cost components
- D. Production variances split by variance categories
Answer: A,C
NEW QUESTION # 56
What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.
- A. You can enter costs and revenues.
- B. You can define tolerance limits for plan overspend.
- C. Availability control can check against plan values.
- D. You can plan multiple versions.
Answer: A,D
NEW QUESTION # 57
Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.
- A. Variance variant
- B. Result Analysis (RA) Version
- C. Costing variant for preliminary costing
- D. Result Analysis (RA) key
Answer: C,D
NEW QUESTION # 58
Which setting in the cost center master data do you use to assign the same attributes to similar cost center?
- A. Cost center category
- B. Standard hierarchy node
- C. Cost center type
- D. Object class
Answer: A
NEW QUESTION # 59
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