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100% Pass Your C_TS4CO_2020 SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) at First Attempt with PassReview
NEW QUESTION 54
What can you configure in the settlement profile?
- A. Define document management parameters
- B. Define a number range for settlement documents
- C. Determine whether settlement is required
- D. Determine an overhead key
Answer: A,C
NEW QUESTION 55
How do you maintain number intervals/ranges in Controlling?
- A. By document type
- B. By company code
- C. By posting key
- D. By business transaction
Answer: D
NEW QUESTION 56
You are executing an indirect activity allocation. What do you post to the sender and receiver?
- A. You post cost only to both the sender and receiver
- B. You post both quantity and cost to the receiver, and cost only to the sender
- C. You post both quantoty and cost to the sender, and cost only to receiver.
- D. You post quantity and cost to both the sender and receiver
Answer: A
NEW QUESTION 57
What tasks are performed by the system during activity allocation? There are TWO correct answers for this question
- A. The sender cost object is debited and the receiver cost object is credited
- B. The cost element is derived from the master data for the activity type
- C. The allocation amount is calculated based on the quantity and price of the activity
- D. A primary costs G/L account is used for debiting and crediting
Answer: B,C
NEW QUESTION 58
What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question.
- A. Activity type
- B. Cost centers
- C. Statistical key figures
- D. Cost element
Answer: A,B
NEW QUESTION 59
How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.
- A. Secondary costs are captured as secondary cost element, and not as 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. Only primary costs are captured in general ledger accounts.
Answer: B,C
NEW QUESTION 60
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 61
Your customer defined one distribution cycle in SAP S/4HANA.
You need to define a new distribution cycle. How can you ensure the new cycle is executed only after the existing one is completed?
- A. Select iteration in the cycle header of the new cycle
- B. Assign both cycles to the same cycle run group
- C. Select iteration in the cycle header of both cycles
- D. Assign each cycle to a different cycle run group
Answer: B
NEW QUESTION 62
You want to use a template for activity and process assignment to your material cost estimate. What do you need to do ?
- A. Use the template allocation function in the material cost estimate and the costing run
- B. Use the costing sheet of the costind view 1 in the template determination table
- C. Assign a template directly to costing view 1 of the material master record
- D. Assign a template to an operation in the routing of the material
Answer: A
NEW QUESTION 63
In which module do you process profit center allocations in SAP S/4HANA?
- A. Account-based profitability analysis
- B. Product cost accounting
- C. General ledger accounting
- D. Cost center accounting
Answer: C
NEW QUESTION 64
How can you configure the transfer price solution in SAP S4/HANA? 2 Answers
- A. Use separate ledgers for each valuation
- B. Use separate accounts for each valuation
- C. Use separate segments for each valuation
- D. Use separate currency types within the same ledger for each valuation
Answer: A,B
NEW QUESTION 65
You have implemented Product Cost by Sales Oder in conjunction with revenue-based 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 costs = 1000
What data does the system calculate during results analysis?
- A. Revenue = 1200; Cost of sales = 800; Reserve = 200
- B. Revenue = 1200; Cost of sales = 800; WIP = 200
- C. Revenue = 1200; Cost of sales = 1000; Reserve = 200
- D. Revenue = 1200; Cost of sales = 1000; WIP = 200
Answer: B
NEW QUESTION 66
You create a new profit center. Which company code(s) is it assigned to by default?
- A. All company codes within the controlling area.
- B. All company codes maintained in your authorization profile.
- C. All company codes where profit center accounting is activated.
- D. All company codes to which the profit center standard hierarchy is assigned to.
Answer: A
NEW QUESTION 67
Which views can you use to analyze the costing results within the costing run tool? There are THREE correct answers for this question
- A. Analysis report
- B. Work in progress report
- C. Material list report
- D. Costing levels report
- E. Variance report
Answer: A,C,D
NEW QUESTION 68
Which objects are predifined characteristics in SAP S/4HANA? 3 Answers
- A. Company Code
- B. Plant
- C. Region
- D. Product Category
- E. Controlling Area
Answer: A,B,E
NEW QUESTION 69
How do you define the relationship between an operating concern and a controlling area ?
- A. One-to-many (1:N)
- B. Many-to-many(N:N)
- C. Many-to-one (N:l)
- D. One-to-one (1:1)
Answer: A
NEW QUESTION 70
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 multi-valuation ledger
- C. A new standard G/L ledger with exclusive usage of "Prediction"
- D. An extension ledger of type "Simulation"
Answer: A
NEW QUESTION 71
In a make-to-order scenario, you use a sales order with an assigned production order and non-valuated sales order stock. Which process do you use to post actual costs on a sales order in SAP S/4HANA? There are TWO correct answers for this question
- A. Production order confirmation
- B. Production order settlement
- C. Delivery from production order to sales order stock
- D. External goods receipt on sales order stock
Answer: A,B
NEW QUESTION 72
What can you use to difference two or more cost estimates for the same material? There are TWO correct answers for this question
- A. Transfer control
- B. Costing variant
- C. Costing version
- D. Valuation variant
Answer: B,D
NEW QUESTION 73
How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. Use separate currency types within the same ledger for each valuation.
- B. Use separate segments for each valuation.
- C. Use separate CO versions for each valuation.
- D. Use separate ledgers for each valuation.
Answer: C,D
NEW QUESTION 74
Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.
- A. Product cost collector cost estimate in one plant
- B. Inventory cost estimate of all the materials in one plant
- C. Current cost estimate of all the materials in all controlling area
- D. Standard cost estimate of all the materials in all plants of a controlling area
Answer: A,B
NEW QUESTION 75
Which object do you configure to reuse material cost estimate for the costing process?
- A. Group costing
- B. Quantity structure control
- C. Transfer control
- D. Valuation variant
Answer: C
NEW QUESTION 76
Which statements best describes a single cost center standard hierarchy?
- A. It is a structure to which all the cost centers within an operating concern are assigned.
- B. It is a structure to which all the cost centers within a controlling area are assigned.
- C. It is a structure to which all cost center groups create for a controlling area are assigned.
- D. It is a structure to which all cost center groups created within an operating concern are assigned.
Answer: B
NEW QUESTION 77
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SAP S/4HANA Management Accounting Certification Exam Details:
| Number of Questions | 80 |
| Exam Code | C_TS4CO_2020 |
| Exam Price | $550 (USD) |
| Duration | 180 mins |
| Sample Questions | SAP S/4HANA Management Accounting Certification Sample Questions |
| Passing Score | C_TS4CO_2020 - 64% C_TS4CO_1900 - 63% |
| Level | Associate |
SAP S/4HANA Management Accounting Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books | Weighting |
|---|---|---|
| Profitability Analysis | Define value fields, characteristics and summary characteristics, determine planning, actual and process flow and security requirements, design process flows and develop authorization concept for reporting of FI / CO data. Configure profitability analysis and determine the operating concern, and assignment to controlling area. Define currency and assign the chart of accounts, result analysis and revenue recognition (in cooperation with FI and SD), and configure period-end closing for PA. TS4F04 OR S4F29 | > 12% |
| Product Cost Planning | Determine and configure product cost planning, define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis) and costing versions for alternative costings, determine cost elements structure, cost component structure, planning requirements, costing variants and multi-level costings, and carry out a Price update in the material master record. TS4F03 OR S4F23 | > 12% |
| Cost Center Accounting | Define, create and configure cost centers, cost center hierarchies and cost center groups. Determine usage of Cost Center Accounting and type of planning functionality, cost center accounting activity types, cost center characteristics and attributes, planning requirements, plan allocations requirements and actual allocations for cost centers. Configure period end closing for CCA. TS4F03 OR S4F22 | > 12% |
| Cost Object Controlling | Determine and configure cost object controlling - planning and actuals, and customize and complete cost object controlling in a make to stock scenario and in a make to order scenario. Define WIP, results analysis, variances and revenue recognition (in cooperation with FI and SD) and configure period end closing for cost objects. TS4F03, TS4F04 OR S4F25 | > 12% |
| Organizational Assignments and Process Integration | Define scopes and processes in Management Accounting, cross-company code design, sub-contracting, production execution, sales pricing, inbound freight, stock transfers, inventory valuation and transfer pricing, work in process rules and high-level requirements for organization units. Configure budgeting and availability control settings and period end closing, define statistical key figures and assign the controlling area to company codes and operating concern. Check number ranges and first integration flows with other modules (CO), and configure versions. TS4F03, TS4F04 OR S4F22, S4F23, S4F25, S4F28, S4F29 | 8% - 12% |
| Internal Orders | Distinguish between order category and order type. Determine plan data, commitments and actual requirements for internal orders and determine period-end closing activities. Define, create and configure internal orders and create a concept for internal order accounting, and customize internal order accounting, determine settlement rules and configure period-end closing for IOA. TS4F03 OR S4F22 | 8% - 12% |
| Reporting | Determine general reporting requirements for cost centers, configure cost center reporting, and create report painter reports and drill-down reports. TS4F03, TS4F04 OR S4F22, S4F25, S4F29 | 8% - 12% |
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