Verified C_TS4CO_2020 Dumps Q&As - C_TS4CO_2020 Test Engine with Correct Answers
Pass Your C_TS4CO_2020 Dumps as PDF Updated on 2021 With 182 Questions
SAP C_TS4CO_2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Profitability Analysis > 12% | 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. |
| Cost Center Accounting > 12% | 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. |
| Product Cost Planning > 12% | 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. |
| Profit Center Accounting < 8% | Create organizational charts for profit centers, determine Profit Centers (in FI in the new GL), create Profit Centers and check master data assignments, and configure period-end closing for PCA. |
| Cost Object Controlling > 12% | 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. |
| Organizational Assignments and Process Integration 8% - 12% | 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. |
| Internal Orders 8% - 12% | 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. |
| Reporting 8% - 12% | Determine general reporting requirements for cost centers, configure cost center reporting, and create report painter reports and drill-down reports. |
SAP C_TS4CO_2020 Exam Description:
The 'SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2020)' certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Management Accounting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within Management Accounting projects. This certificate is the ideal starting point for a professional career as a Management Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Management Accounting are added over years, a professional career can be validated by taking a second exam which focuses on the migration from SAP ERP to SAP S/4HANA: "SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts".
NEW QUESTION 14
Which order status is relevant for creating work in process (WIP) calculations when you use Product Cost by Order (PCO)?
- A. Created
- B. Technically completed
- C. Delivered
- D. Partially released
Answer: D
NEW QUESTION 15
You need to assign a company code to a controlling are
a. Which settings must be identical for both organizational objects? There are 2 correct answers to this question
- A. Chart of accounts
- B. Fiscal year variant
- C. Posting period variant
- D. Currency
Answer: A,B
NEW QUESTION 16
You want to use a template to consider overhead during product costing. How do you assign the template to your material?
- A. Using an origin group and an overhead group
- B. Using a special procurement type and an overhead group
- C. Using an overhead group and an overhead key
- D. Using a profit center and an overhead key
Answer: A
NEW QUESTION 17
At which level do you define the valuation method for result analysis?
- A. Controlling area
- B. Sales organization
- C. Operating concern
- D. Company code
Answer: A
NEW QUESTION 18
How can you populate local variables in Profitability Analysis reports?
- A. By user exit
- B. By business Add-in
- C. By user entry during report execution
- D. By populating from user parameters
Answer: C
NEW QUESTION 19
Which of the following values can be calculated using results analysis? 3 answers
- A. Cost of sales
- B. Gross margin
- C. Reserves for unrealized costs
- D. Work in progress
- E. Cost of goods manufactured
Answer: A,C,D
NEW QUESTION 20
Which characteristic of an internal order does the order type control?
- A. Budget profile assigned to the order
- B. Controlling areas the order is assigned to
- C. Types of costs posted to the order
- D. Time period for which the order is valid
Answer: A
NEW QUESTION 21
Which process determines the target costs of the cost object in a product cost by order scenario?
- A. Work in process (WIP) calculation
- B. Actual costs calculation
- C. Variance calculation
- D. Accrual calculation
Answer: C
NEW QUESTION 22
You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use ?
- A. Distribution
- B. Periodic reposting
- C. Indirect activity allocation
- D. Assessment
Answer: D
NEW QUESTION 23
When you define assessment cycles for the period-end closing in overhead cost accounting, which object can you assign to the cycle segment?
- A. Template
- B. Settlement rule
- C. Allocation structure
- D. Costing sheet
Answer: C
NEW QUESTION 24
What is required before you can create a multi-level material cost estimate without quantity structure?
- A. Material master with costing view
- B. Specific valuation variants for material costings without quantity structure
- C. Material master with accounting view and with MRP views
- D. Specific costing variants for material costings without quantity structure
Answer: A
NEW QUESTION 25
You use a ledger, an additional standard ledger and an extension ledger. You post a general journal entry without indicating a ledger group. For which ledger(s) are separate line items posted in the universal journal?
- A. The leading and extension ledgers
- B. All ledgers
- C. The leading ledger only
- D. The standard ledgers
Answer: A
NEW QUESTION 26
Which views can you use to analyze the costing results within the costing run tool? There are THREE correct answers for this question
- A. Work in progress report
- B. Variance report
- C. Material list report
- D. Analysis report
- E. Costing levels report
Answer: C,D,E
NEW QUESTION 27
What can you define for a user status in the status profile?
- A. The assigned user status after a business transaction is executed
- B. The business user IDs authorized to change the user status
- C. The order types for which a user status is valid
- D. The versions for which you can enter plan data
Answer: A
NEW QUESTION 28
Which object can you select for reporting in costing-based profitability Analysis, and NOT in account- based Profitability Analysis?
- A. Period/year
- B. Cost element
- C. Record type
- D. Company code
Answer: C
NEW QUESTION 29
You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? 3 Answers
- A. To define users for the order
- B. To set the initial status as Created or Released
- C. To define the user status
- D. To activate the CO partner update
- E. To permit or forbid specific transactions
Answer: B,C,E
NEW QUESTION 30
Which cost estimates must you reuse with the transfer control functionality?
- A. Cost estimates with same cost component structure
- B. Cost estimates within the same plant
- C. Cost estimates with quantity structure
- D. Cost estimates across company codes
Answer: A
NEW QUESTION 31
On which organizational level do you maintain profit center accounting in SAP S/4HANA?
- A. Controlling area
- B. Operating concern
- C. Company code
- D. Financial statement version
Answer: A
NEW QUESTION 32
What are the benefits of using valuated sales order stock compared to non-valuated sales order stock?
There are TWO correct answers for this question
- A. Production cost calculation
- B. Combined quantity and value flow analysis
- C. Simplified inventory value determination
- D. Production order settlement to sales order
Answer: B,C
NEW QUESTION 33
What is the highgest reporting level in management accounting?
- A. Company code
- B. Controlling area
- C. Profit center
- D. Operating concern
Answer: D
NEW QUESTION 34
What is the highest reporting level in management accounting?
- A. Company code
- B. Controlling area
- C. Profit center
- D. Operating concern
Answer: D
NEW QUESTION 35
Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA?
- A. Account currency
- B. Field status group
- C. Account type
- D. Account group
Answer: C
NEW QUESTION 36
Your customer uses account-based CO-PA.
Which sales documents create an account-based CO-PA line item for each standard ledger in the universal journal table in SAP S/4HANA 1809?
- A. Billing
- B. Good issue
- C. Goods receipt
- D. Sales order
Answer: A,B
NEW QUESTION 37
In a standard system delivery, how many characteristics can be added to an operating concern ?
- A. 101-150
- B. 71-100
- C. Over 150
- D. 0-70
Answer: D
NEW QUESTION 38
You are using availability control in your SAP S/4HANA system. Which documents can cause the system to raise a warning message when the budget was exceeded? 2 answers
- A. Outgoing payment
- B. Incoming invoice
- C. Purchase requisition
- D. Goods issue from order
Answer: B,C
NEW QUESTION 39
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