NEW 2023 Certification Sample Questions C_TS4CO_2021 Dumps & Practice Exam
C_TS4CO_2021 Deluxe Study Guide with Online Test Engine
SAP C_TS4CO_2021 certification exam is an excellent opportunity for consultants and professionals who want to demonstrate their expertise in management accounting and SAP S/4HANA. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification can help individuals advance their careers and gain recognition in the industry. With the right preparation and dedication, candidates can pass the exam and become certified SAP Application Associates in Management Accounting using SAP S/4HANA 2021.
SAP C-TS4CO-2021 exam is a valuable certification for professionals who want to demonstrate their expertise in SAP S/4HANA for Management Accounting Associates. By passing the exam, candidates can showcase their skills to potential employers and advance their careers in this field. With proper preparation and dedication, candidates can successfully pass the SAP C-TS4CO-2021 exam and become certified in SAP S/4HANA for Management Accounting Associates.
NEW QUESTION # 35
What are some of the objectives of Profitability Analysis? Note: There are 2 correct answers to this question.
- A. Allow the company to determine standard costs and revenues according to the period accounting method.
- B. Allow the company to determine if the sales force achieved their contribution margin goals.
- C. Provide the company with information on the performance of its market segments.
- D. Provide the company with a detailed view of its financial statements by areas of responsibilities.
Answer: B,C
NEW QUESTION # 36
In the material master record there are three planned prices: ""Planned price 1"", ""Planned price
2""and""Planned price 3"". What do you use them for?
- A. To valuate goods movement
- B. To valuate material stocks
- C. To update the standard price during the release of a standard cost estimate
- D. To valuate the materials in cost estimates
Answer: D
NEW QUESTION # 37
How can you populate local variables in Profitability Analysis reports?
- A. By user entry during report execution
- B. By user exit
- C. By populating from user parameters
- D. By Business Add-In
Answer: A
NEW QUESTION # 38
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. Price indicator
- B. Company code
- C. CO version
- D. Valid cost center categories
- E. Activity type category
Answer: A,D,E
NEW QUESTION # 39
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. Payment Discount
- B. Sales deductions
- C. Order quantity
- D. Revenues
Answer: B,D
NEW QUESTION # 40
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?
- A. A multi-valuation ledger
- B. An extension ledger of type "Prediction and Commitment"
- C. An extension ledger of type "Simulation"
- D. A new standard G/L ledger with exclusive usage of "Prediction"
Answer: B
NEW QUESTION # 41
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. Both WIP and variances
- C. WIP at percentage of completion (PoC) method or variances
- D. WIP at actual costs or variances
Answer: D
NEW QUESTION # 42
You have implemented Product Cost by Sales Oder in conjunction with cost-based POC results analysis in your organization.
For a particular sales order item, you have the following:
Plan revenue = 3000; Plan costs = 2000
Actual revenue = 1200; Actual cost=1000
What data does the system calculate during results analysis?
- A. "Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300"
- B. "Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200"
- C. "Revenue = 1200; Cost of sales = 1000; Revenue surplus =200"
- D. "Revenue = 1500; Cost of sales = 1000; Revenue surplus =300"
Answer: A
NEW QUESTION # 43
How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.
- A. Only primary costs are captured in general ledger accounts.
- B. All primary and secondary costs are captured by creating them as cost elements.
- C. Primary and secondary costs are captured in general ledger accounts.
- D. Secondary costs are captured as secondary cost element, and not as general ledger accounts.
Answer: B,C
NEW QUESTION # 44
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. Cost center/activity type
- C. Internal order
- D. WBS element
Answer: C,D
NEW QUESTION # 45
You create a new profit center. Which company code(s) is it assigned to by default?
- A. All company codes to which the profit center standard hierarchy is assigned to.
- B. All company codes within the controlling area.
- C. All company codes where profit center accounting is activated.
- D. All company codes maintained in your authorization profile.
Answer: B
NEW QUESTION # 46
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.
- A. By marking the Relevance to Costing indicator 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 assigning a cost center to the work center in the operation
Answer: A,C
NEW QUESTION # 47
You want to use template to consider overhead during product costing. How do you assign the template to your material?
- A. Using a profit center and an overhead key
- B. Using an origin group and an overhead group
- C. Using a special procurement type and an overhead group
- D. Using an overhead group and an overhead key
Answer: D
NEW QUESTION # 48
For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.
- A. Cost centers
- B. Internal orders
- C. Profit centers
- D. Cost elements
- E. Functional areas
Answer: A,B,C
NEW QUESTION # 49
You want to create cost centers for your company. What is the prerequisite to build an organizational structure for overhead cost controlling?
- A. Person responsible
- B. Standard hierarchy top node
- C. Profit center
- D. Cost center categories
Answer: B
NEW QUESTION # 50
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?
- A. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
- B. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
- C. Parallel accounting is needed in order to be compliant with different accounting principles.
- D. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
Answer: A
NEW QUESTION # 51
You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?
- A. Assessment
- B. Periodic reposting
- C. Direct activity allocation
- D. Distribution
Answer: A
NEW QUESTION # 52
Which processes split costs into their primary cost components? Note: There are 2 correct answers to this question.
- A. Cost center/activity type price calculation
- B. Settlement of internal orders
- C. Execution of the assessment cycles
- D. Business process price calculation
Answer: A,D
NEW QUESTION # 53
In a standard system delivery, how many free characteristics can be added to an operating concern?
- A. 71-100
- B. 101-150
- C. 0-70
- D. Over 150
Answer: C
NEW QUESTION # 54
Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.
- 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
Answer: A,D
NEW QUESTION # 55
You want to use budget availability control for your projects and internal orders. What can you check using budget availability control? Note: There are 2 correct answers to this question.
- A. The availability of funds on period level
- B. The availability of funds in object currency
- C. The availability of funds using overall plan value
- D. The availability of funds according to tolerance limits
Answer: B,D
NEW QUESTION # 56
You want to setup integrated planning for your internal order. What do you need to do? Note: There are 2 correct answers to this question.
- A. Set the relevant indicator in the controlling area.
- B. Set the relevant indicator in the internal order master record.
- C. Set the relevant indicator in the planning profile of the order type.
- D. Set the relevant indicators in the CO version.
Answer: B,D
NEW QUESTION # 57
Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question.
- A. It is used when the focus of controlling is on a stable and continuous production process.
- B. It is used to analyze work in process (WIP) based on actual costs.
- C. It is used when periodic costs outweigh daily postings.
- D. It is used in conjunction with a product cost collector.
Answer: A,D
NEW QUESTION # 58
What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.
- A. Availability control can check against plan values.
- B. You can define tolerance limits for plan overspend.
- C. You can plan multiple versions.
- D. You can enter costs and revenues.
Answer: C,D
NEW QUESTION # 59
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