Guide (New 2023) Actual SAP C_TS4CO_2020 Exam Questions
C_TS4CO_2020 Exam Dumps Pass with Updated 2023 Certified Exam Questions
To appear for the SAP C_TS4CO_2020 exam, candidates need to have a basic understanding of financial accounting processes and a good grasp of SAP S/4HANA. C_TS4CO_2020 exam consists of 80 questions, and candidates have three hours to complete it. The questions are a mix of multiple-choice and scenario-based questions, and candidates need to score a minimum of 63% to pass the exam. SAP recommends that candidates attend the training courses specific to the exam and take practice tests to prepare for the exam. Upon successfully passing the SAP C_TS4CO_2020 exam, candidates receive the SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) certification, which is a valuable addition to their resume and can help them stand out in their field.
NEW QUESTION # 102
To which object can you settle an internal order using cost elements with cost element category 21 (internal settlement)? Note: There are 3 correct answers to this question.
- A. Sales order item
- B. Asset
- C. General ledger account
- D. WBS element
- E. Network
Answer: A,D,E
NEW QUESTION # 103
Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question.
- A. It is used in conjunction with a product cost collector.
- B. It is used when periodic costs outweigh daily postings.
- 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.
Answer: A,C
NEW QUESTION # 104
On which document in the sales process is the profit center initially entered?
- A. Sales order
- B. Service contract
- C. Goods issue
- D. Sales inquiry
Answer: A
NEW QUESTION # 105
You are setting up direct internal activity allocation in SAP S/4HANA.
What are valid receivers for the activity? 3answers
- A. Sales order item
- B. Stastical overhead order
- C. General ledger account
- D. Cost center
- E. Network
Answer: A,D,E
NEW QUESTION # 106
Which characteristic of an internal order does the order type control?
- A. Controlling areas the order is assigned to
- B. Budget profile assigned to the order
- C. Time period for which the order is valid
- D. Types of costs posted to the order
Answer: B
NEW QUESTION # 107
To which objects do you assign the elements of the cost component split to ensure the transfer of costing to costing-based CO-PA?
- A. G/L accounts
- B. Controlling areas
- C. Segments
- D. Value field
Answer: D
NEW QUESTION # 108
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 define users for the order
- B. To permit or forbid specific transactions
- C. To define the user status
- D. To activate the CO partner update
- E. To set the initial status as Created or Released
Answer: B,C,E
NEW QUESTION # 109
What is the default option for planning profit center values in SAP S/4HANA?
- A. Profitability analysis planning
- B. Management accounting planning
- C. Financial accounting planning
- D. Business planning and consolidation
Answer: D
NEW QUESTION # 110
You are creating new activity type and want to maintain plan prices for a cost center. Which attribute must you configure in the activity type master record? Note: There are 3 correct answers to this question.
- A. Company code
- B. Price indicator
- C. CO version
- D. Valid cost center categories
- E. Activity type category
Answer: B,D,E
NEW QUESTION # 111
You want to maintain a cost component structure. What can you determine for each cost component? Note: There are 3 correct answers to this question.
- A. Assignment of cost component to calculation base for overheads in costing sheet
- B. Relevance of cost component to goods manufactured
- C. Relevance of cost component to inventory valuation
- D. Assignment of cost component of cost component group
- E. Relevance of cost component to results analysis
Answer: B,C,D
NEW QUESTION # 112
Plan revenu = 3000 Plan costs = 2000 Actual revenue = 1200 Actual costs = 1000
- A. Revenue = 1200; Cost of sales = 1000; 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 = 800; Reserve = 200
Answer: B
NEW QUESTION # 113
Which scenarios can be covered by the costing run?
- A. Product cost collector cost estimate in one plant
- B. Current cost estimate of all the materials in all controlling areas
- C. Standard cost estimate of all the materials in all plants of a controlling area
- D. Inventory cost estimate of all the materials in one plant
Answer: B,C
NEW QUESTION # 114
What can you configure in the settlement profile? Note: There are 2 correct answers to this question.
- A. Determine whether settlement is required.
- B. Determine an overhead key.
- C. Define document management parameters.
- D. Define a number range for settlement document.
Answer: A,C
NEW QUESTION # 115
What master data objects can you set up using time-based fields?
- A. Standard hierarchies
- B. Statistical key figures
- C. Activity types
- D. Cost centers
Answer: B,D
NEW QUESTION # 116
Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA?
- A. BSEG
- B. ACDOCA
- C. CE1XXXX
- D. COEJ
Answer: B
NEW QUESTION # 117
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. Indirect activity allocation
- C. Distribution
- D. Assessment
Answer: D
NEW QUESTION # 118
How do you maintain number intervals/ranges in Controlling?
- A. By business transaction
- B. By company code
- C. By document type
- D. By posting key
Answer: A
NEW QUESTION # 119
You are posting a purchase order for a warehouse material. From which object is the profit center derived?
Response:
- A. Material master
- B. Business partner
- C. Plant
- D. Cost center
Answer: A
NEW QUESTION # 120
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. PA transfer structure
- C. Allocation structure
- D. Source structure
Answer: B
NEW QUESTION # 121
What parameters can ou se up when defining order types?
- A. Define default parameters for master record fields
- B. Set up work lists
- C. Define document type
- D. Allow revenue postings
Answer: A,D
NEW QUESTION # 122
What does SAP/S4HANA select line-item-based data for costing based Profitability Analysis reports?
- A. It select actual data from table CE2XXXX and plan data from CE3XXXX.
- B. It select actual data from table ACDOCA and plan data from COSP.
- C. It select actual data from table CE1XXXX and plan data from CE2XXXX.
- D. It select actual data from table ACDOCA and plan data from ACDOCP.
Answer: C
NEW QUESTION # 123
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SAP C-TS4CO-2020 certification exam is designed for candidates who have a fundamental understanding of the Management Accounting functionality and configuration of SAP S/4HANA. SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) certification exam is intended for individuals who are seeking to validate their expertise in Management Accounting and to demonstrate their ability to apply their knowledge in practical scenarios. This SAP certification exam is a great opportunity for professionals who want to advance their career in the field of Management Accounting and expand their skill set with the latest SAP technologies.
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