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  4. C_TS4CO_2021 - SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021)

SAP C_TS4CO_2021 SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) Exam Practice Test

Demo: 12 questions
Total 80 questions
Get C_TS4CO_2021 Full Access Download C_TS4CO_2021 PDF

SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) Questions and Answers

Question 1

Which setting in the cost center master data do you use to assign the same attributes to similar cost center?

Options:

A.

Cost center category

B.

Cost center type

C.

Object class

D.

Standard hierarchy node

Question 2

How do you define the relationship between an operating concern and a controlling area?

Options:

A.

Many-to-many (N:M)

B.

Many-to-one (N:1)

C.

One-to-many (1:N)

D.

One-to-one (1:1)

Question 3

How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?

Options:

A.

By defining the characteristic value as a value field

B.

By defining the characteristic value in the field catalog

C.

By defining the characteristic value in the check table

D.

By defining the characteristic value as a key figure

Question 4

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?

Options:

A.

Periodic reporting

B.

Accrual calculation

C.

Budget availability control

D.

Indirect activity allocation

Question 5

You are configuring internal order settlement. What do you define which cost element should be settled, using either the original settlement cost elements?

Options:

A.

Credit component (of the costing sheet)

B.

Allocation structure

C.

Settlement profile

D.

Settlement rule

Question 6

Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.

Options:

A.

Inventory cost estimate of all the materials in one plant

B.

Standard cost estimate of all the materials in all plants of a controlling area

C.

Current cost estimate of all the materials in all controlling area

D.

Product cost collector cost estimate in one plant

Question 7

Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question.

Options:

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.

Question 8

To which object do you assign a costing sheet?

Options:

A.

Valuation variant

B.

Transfer control

C.

Cost component structure

D.

Costing variant

Question 9

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.

Options:

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 cost element is exempted from budget availability control.

D.

The difference of 1000 is within the tolerance limits defined in the configuration.

Question 10

Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? Note: There are 2 correct answers to this question.

Options:

A.

It can be overwritten in the application.

B.

It can be defined for postings on general ledger accounts of secondary costs type.

C.

It takes precedence over validation and substitution.

D.

It can be defined for postings on general ledger accounts of primary costs type.

Question 11

What are some of the unique attributes of an assessment cycle in Controlling? Note: There are 2 correct answers to this question.

Options:

A.

They use a secondary cost element during transfer.

B.

They transfer only primary costs.

C.

They transfer primary and secondary costs.

D.

They use the original cost element during transfer

Question 12

In the Product Cost by Order process, what does the system calculate depending on the order status?

Options:

A.

Both WIP and variances

B.

WIP at actual costs or variances

C.

WIP at target costs or variances

D.

WIP at percentage of completion (PoC) method or variances

Load More C_TS4CO_2021 Questions
Demo: 12 questions
Total 80 questions
Get C_TS4CO_2021 Full Access Download C_TS4CO_2021 PDF