C-TS4CO-2021 by SAP Actual Free Exam Q&As

Question 1

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

A. G/L Account B. Cost center C. Order D. Material

Discussion 0

Correct Answer: D Vote an answer

Question 2

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. WBS element B. Asset C. Sales order item D. Network E. General ledger account

Discussion 0

Correct Answer: A,C,D Vote an answer

Question 3

For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?

A. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles. 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 variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.

Discussion 0

Correct Answer: D Vote an answer

Question 4

How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question.

A. As lot-based surcharge B. As percentage rate C. As equivalence number D. As quantity-based surcharge

Discussion 0

Correct Answer: B,D Vote an answer

Question 5

At which level do you define the valuation method for results analysis?

A. Operating concern B. Controlling area C. Plant D. Company code

Discussion 0

Correct Answer: B Vote an answer

Question 6

What are the some of the characteristics of Profit Center Accounting in SAP S4/HANA? Note: There are 2 correct answers to this question.

A. It can be used with period and/or cost of sale accounting. B. It can be used in the settlement rule for internal order. C. It is integrated in the universal journal. D. It is possible to derive the profit center from the segment in configuration.

Discussion 0

Correct Answer: A,C Vote an answer

Question 7

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. Product cost collector cost estimate 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

Discussion 0

Correct Answer: A,B Vote an answer

Question 8

Which statements are relevant to the cost of sales accounting method in profitability management? Note:
There are 2 correct answers to this question.

A. It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities. B. It aims to summarize activity and situational change for a given organizational unit over a period of time. C. It presents the costs and revenues information in a format that is ideal for conducting margin analyses. D. It aims to match revenues for goods and services against sales-related expenses.

Discussion 0

Correct Answer: C,D Vote an answer

Question 9

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 the user status B. To set the initial status as Created or Released C. To permit or forbid specific transactions D. To activate the CO partner update E. To define users for the order

Discussion 0

Correct Answer: A,B,C Vote an answer

SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) - C-TS4CO-2021 Exam Practice Test