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

Questions 4

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.

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Questions 5

How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.

Options:

A.

Secondary costs are captured as secondary cost element, and not as general ledger accounts.

B.

Primary and secondary costs are captured in general ledger accounts.

C.

All primary and secondary costs are captured by creating them as cost elements.

D.

Only primary costs are captured in general ledger accounts.

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Questions 6

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?

Options:

A.

Source structure

B.

Allocation structure

C.

Cost component structure

D.

PA transfer structure

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Questions 7

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.

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Questions 8

What parameters can you set up when defining order types?

Options:

A.

Define document type.

B.

Define default parameters for master record fields.

C.

Define source structure.

D.

Allow revenue postings.

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Questions 9

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 data of alternative plan costing runs

B.

To store different plan data

C.

To store data of parallel valuation

D.

To store different budget data

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Questions 10

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 when periodic costs outweigh daily postings.

B.

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

C.

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

D.

It is used in conjunction with a product cost collector.

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Questions 11

What can you manage via the account assignment category? Note: There are 2 correct answers to this question.

Options:

A.

Separate sales order stock

B.

Costing variant

C.

Valuation of separate sales order stock

D.

Product cost by sales order

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Questions 12

What are some of the characteristics of SAP Core Data Services (CDS) views? Note: There are 3 correct answers to this question.

Options:

A.

CDS views are considered system modifications.

B.

CDS views have ready-to-use content.

C.

CDS views duplicate data for reporting efficiencies.

D.

CDS views have no latency.

E.

CDS views support authorization.

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Exam Code: C_TS4CO_2021
Exam Name: SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021)
Last Update: Nov 21, 2024
Questions: 80

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