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  4. C_TS4CO_2023 - SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting

SAP C_TS4CO_2023 SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting Exam Practice Test

Demo: 24 questions
Total 80 questions
Get C_TS4CO_2023 Full Access Download C_TS4CO_2023 PDF

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting Questions and Answers

Question 1

You create alternative CO versions for your controlling area, in addition to version 0. What would you use additional CO versions for?

Note: There are 2 correct answers to this question.

Options:

A.

To store different budget data

B.

To store data of parallel valuation

C.

To store different plan data

D.

To store data of alternative plan costing runs

Question 2

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.

Options:

A.

Order quantity

B.

Payment discount

C.

Revenues

D.

Sales deductions

Question 3

What are some SAP recommended guiding principles to achieve clean core operations?

Note: There are 3 correct answers to this question.

Options:

A.

Establish regular housekeeping tasks and procedures

B.

Establish release management

C.

Integrate clean core practices in the end-to-end value process chain

D.

Establish an organizational structure, technical foundation, and transformation methodology for clean core

E.

Define roles and responsibilities as part of a process transformation office

Question 4

You are creating a new activity type and want to maintain plan prices for a cost center. Which attributes must you configure in the activity type master record?

Note: There are 3 correct answers to this question.

Options:

A.

Output quantity

B.

CO version

C.

Valid cost center categories

D.

Activity type category

E.

Price indicator

Question 5

Which type(s) of Profitability Analysis update(s) the cost of goods sold at the time of delivery only?

Options:

A.

Margin analysis

B.

Combined profitability analysis

C.

Costing-based

D.

Both margin analysis and costing-based

Question 6

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.

Options:

A.

To define the user status

B.

To define users for the order

C.

To set the initial status as Created or Released

D.

To permit or forbid specific transactions

E.

To activate the CO partner update

Question 7

Which statement best describes cost center standard hierarchy?

Options:

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 cost centers of a client have to be assigned.

C.

It is a structure where all cost centers with the same currency are defined.

D.

It is a structure where all cost centers within the same operating concern are defined.

Question 8

Your enterprise has five company codes assigned to three separate operating charts of accounts.

What is the optimal way of configuring the relationship between operating concerns and controlling area?

Options:

A.

Three operating concerns; three controlling areas

B.

One operating concern; three controlling areas

C.

One operating concern; five controlling areas

D.

One operating concern; one controlling area

Question 9

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?

Options:

A.

Assessment

B.

Periodic reposting

C.

Top down distribution

D.

Distribution

Question 10

You want to run an assessment cycle in Margin Analysis to allocate costs during period-end closing for your organization. Which of the following objects can be part of the assessment cycle?

Options:

A.

Tracing factor

B.

Profit center

C.

Source structure

D.

A transfer structure

Question 11

Which parameters are controlled by the costing type in a costing variant?

Note: There are 2 correct answers to this question.

Options:

A.

Costing sheet

B.

Save with date key

C.

Price updates

D.

Price for materials

Question 12

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.

Options:

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.

Question 13

What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item?

Note: There are 2 correct answers to this question.

Options:

A.

Attributed profitability analysis is activated.

B.

Costing-based profitability analysis is activated.

C.

The sales order item is assigned to a project.

D.

The sales order item is a cost object.

Question 14

What are some of the unique attributes of an assessment cycle in Controlling?

Note: There are 3 correct answers to this question.

Options:

A.

They use the original cost element during transfer.

B.

They use a secondary cost element during transfer.

C.

They can be processed in an iterative way.

D.

They transfer primary and secondary costs.

E.

They can be defined with an allocation structure.

Question 15

What are some of the characteristics of Profit Center Accounting in SAP S/4HANA?

Note: There are 2 correct answers to this question.

Options:

A.

It requires the activation of margin analysis.

B.

It can be used with period and/or cost of sales accounting.

C.

It is integrated into the universal journal.

D.

It is possible to derive the profit center from the segment in configuration.

Question 16

Which receiver must be allowed in the settlement profile of a product cost collector?

Options:

A.

Material

B.

Order

C.

Profitability segment

D.

Sales order item

Question 17

You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this?

Note: There are 2 correct answers to this question.

Options:

A.

By assigning a cost center to the work center in the operation

B.

By defining a usage key in the header of the routing

C.

By marking the cost indicator in the control key assigned to the operation

D.

By marking the Relevance to Costing indicator in the operation

Question 18

You are working in the machinery industry, and you consider implementing cost center budget management. Which functions are available for cost center budget management?

Note: There are 2 correct answers to this question.

Options:

A.

Budget values import with CSV file

B.

Availability control against monthly budget amount

C.

Unused budget carry-forward to next fiscal year

D.

Budget transfer from source cost center to multiple target cost centers

Question 19

Which model can be used for ABAP cloud-native development?

Options:

A.

BAP RESTful Application Programming Model

B.

The SAP S/4HANA Cloud Extensibility Model

C.

The ABAP Cloud Development Model

Question 20

How do you maintain number range intervals for documents in Controlling?

Note: There are 2 correct answers to this question.

Options:

A.

By client

B.

By business transactions

C.

By document type

D.

By controlling area

Question 21

You want to use a template to consider overhead during product costing. How do you assign the template to your material?

Options:

A.

Using a costing key and an overhead key

B.

Using an overhead group and an overhead key

C.

Using an origin group and an overhead group

D.

Using a cost component group and an overhead group

Question 22

For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA?

Options:

A.

Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.

B.

Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation.

C.

Parallel costing is needed to calculate separate costs of goods manufactured for different accounting principles.

D.

Parallel valuation views of the same logistical flows are needed to differentiate between legal and group valuation.

Question 23

What are some of the characteristics of planning for internal orders?

Note: There are 2 correct answers to this question.

Options:

A.

Availability control can check against plan values.

B.

You can enter costs and revenues.

C.

You can plan multiple versions.

D.

You can define tolerance limits for plan overspend.

Question 24

Which of the following statements best describe Product Cost by Period?

Note: There are 2 correct answers to this question.

Options:

A.

It is used to analyze costs by individual production lots.

B.

It is used in conjunction with a product cost collector.

C.

It is used when the focus of controlling is on a stable and continuous production process.

D.

It is used to analyze work in process (WIP) based on actual costs.

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Demo: 24 questions
Total 80 questions
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