
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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