C_TS4CO_2021 Exam Study Guide Free Practice Test LAST UPDATED DATE Oct 21, 2024 [Q43-Q61]

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C_TS4CO_2021 Exam Study Guide Free Practice Test LAST UPDATED DATE Oct 21, 2024

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NEW QUESTION # 43
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 # 44
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. CO version
  • B. Activity type category
  • C. Price indicator
  • D. Company code
  • E. Valid cost center categories

Answer: B,C,E


NEW QUESTION # 45
Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.

  • A. It is the core SAP S4/HANA license and users the same technical stack and user interface.
  • B. It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.
  • C. It uses core data services (CDS ) views to create virtual data models (VDMs ) for reporting.
  • D. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analysis Tools for reporting.

Answer: A,C


NEW QUESTION # 46
Which parameters are controlled by the costing type in a costing variant? Note: There are 2 correct answers to this question.

  • A. Price updates
  • B. Price for materials
  • C. Save with date key
  • D. Costing sheet

Answer: A,C


NEW QUESTION # 47
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 CE1XXXX and plan data from CE2XXXX.
  • C. It select actual data from table ACDOCA and plan data from COSP.
  • D. It select actual data from table ACDOCA and plan data from ACDOCP.

Answer: B


NEW QUESTION # 48
You want to create a new standard cost estimate based on the quantity structure of the existing standard cost estimate. Which object do you use?

  • A. Costing version
  • B. Transfer control
  • C. Reference variant
  • D. Costing type

Answer: B


NEW QUESTION # 49
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. WBS element
  • C. Cost center/activity type
  • D. Internal order

Answer: B,D


NEW QUESTION # 50
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. PA transfer structure
  • B. Source structure
  • C. Cost component structure
  • D. Allocation structure

Answer: A


NEW QUESTION # 51
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?

  • A. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
  • B. Parallel accounting is needed in order to be compliant with different accounting principles.
  • C. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
  • D. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.

Answer: C


NEW QUESTION # 52
How can you populate local variables in Profitability Analysis reports?

  • A. By Business Add-In
  • B. By user exit
  • C. By user entry during report execution
  • D. By populating from user parameters

Answer: C


NEW QUESTION # 53
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?

  • A. Both account-based and costing-based
  • B. Account-based only
  • C. Costing-based only
  • D. Periodic-accounting based

Answer: B


NEW QUESTION # 54
You want to understand why cost are collected on sales order item level. What do you need to in the configuration? Note: There are 3 correct answers to this question.

  • A. Costing type
  • B. Requirement type
  • C. Requirements class
  • D. Valuation variant
  • E. Account assignment category

Answer: B,C,E


NEW QUESTION # 55
You are setting up costing-based Profitability Analysis for your organization. How do you configure the deferent market segments?

  • A. As characteristics
  • B. As value fields
  • C. As divisions
  • D. As key Figures

Answer: A


NEW QUESTION # 56
In the Product Cost by Order process, what does the system calculate depending on the order status?

  • A. WIP at percentage of completion (PoC) method or variances
  • B. WIP at actual costs or variances
  • C. Both WIP and variances
  • D. WIP at target costs or variances

Answer: B


NEW QUESTION # 57
How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?

  • A. By defining the characteristic value as a key figure
  • B. By defining the characteristic value in the check table
  • C. By defining the characteristic value as a value field
  • D. By defining the characteristic value in the field catalog

Answer: B


NEW QUESTION # 58
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? Note:
There are 2 correct answers to this question.

  • A. It can be defined for postings on general ledger accounts of primary costs type.
  • B. It can be overwritten in the application.
  • C. It takes precedence over validation and substitution.
  • D. It can be defined for postings on general ledger accounts of secondary costs type.

Answer: A,C


NEW QUESTION # 59
Which field can you select for both reporting in costing based and account-based Profitability Analysis?

  • A. Version
  • B. Record type
  • C. Value in Controlling Area Currency
  • D. Cost element

Answer: A


NEW QUESTION # 60
For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.

  • A. Cost elements
  • B. Cost centers
  • C. Profit centers
  • D. Internal orders
  • E. Functional areas

Answer: B,C,D


NEW QUESTION # 61
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