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C_TS4CO_2021 Practice Exam Questions and Answers

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

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Total Questions : 80

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Question # 1

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

Options:

A.  

As equivalence number

B.  

As quantity-based surcharge

C.  

As lot-based surcharge

D.  

As percentage rate

Discussion 0
Question # 2

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

Options:

A.  

It presents the costs and revenues information in a format that is ideal for conducting margin analyses.

B.  

It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities.

C.  

It aims to summarize activity and situational change for a given organizational unit over a period of time.

D.  

It aims to match revenues for goods and services against sales-related expenses.

Discussion 0
Question # 3

In the material master record there are three planned prices: ""Planned price 1"", ""Planned price 2""and""Planned price 3"". What do you use them for?

Options:

A.  

To valuate goods movement

B.  

To valuate the materials in cost estimates

C.  

To valuate material stocks

D.  

To update the standard price during the release of a standard cost estimate

Discussion 0
Question # 4

In a standard system delivery, how many free characteristics can be added to an operating concern?

Options:

A.  

0-70

B.  

101-150

C.  

71-100

D.  

Over 150

Discussion 0
Question # 5

You post a billing document for a sales order with sales order controlling. What data flows to Profit Center Accounting? Note: There are 2 correct answers to this question.

Options:

A.  

Sales deductions

B.  

Order quantity

C.  

Payment Discount

D.  

Revenues

Discussion 0
Question # 6

You have implemented Product Cost by Sales Oder in conjunction with revenue-based results analysis in your organization.

For a particular sales order item, you have the following:

Plan revenue = 3000; Plan costs = 2000

Actual revenue = 1200; Actual costs = 1000

What data does the system calculate during results analysis?

Options:

A.  

Revenue = 1200; Cost of sales = 800; Reserve = 200

B.  

Revenue = 1200; Cost of sales = 1000; Reserve = 200

C.  

Revenue = 1200; Cost of sales = 1000; WIP = 200

D.  

Revenue = 1200; Cost of sales = 800; WIP = 200

Discussion 0
Question # 7

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.

Options:

A.  

CO version

B.  

Valid cost center categories

C.  

Company code

D.  

Price indicator

E.  

Activity type category

Discussion 0
Question # 8

You are considering using commitment management with internal orders. What do you need to do in the configuration?

Options:

A.  

Activate commitment management in both the controlling area and the order type.

B.  

Activate commitment management in the controlling area, the order type, and in individual internal order master data.

C.  

Activate commitment management in both the version and the order type.

D.  

Activate commitment management only in the controlling area.

Discussion 0
Question # 9

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

Options:

A.  

It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.

B.  

It is the core SAP S4/HANA license and users the same technical stack and user interface.

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.

Discussion 0
Question # 10

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?

Options:

A.  

Assessment

B.  

Distribution

C.  

Periodic reposting

D.  

Direct activity allocation

Discussion 0
Question # 11

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.

Discussion 0
Question # 12

Which of the following steps are part of the procedure to update the standard price of the material? Note: There are 2 correct answers to this question.

Options:

A.  

Release the cost estimate.

B.  

Archive the cost estimates.

C.  

Mark the cost estimate.

D.  

Split the costs.

Discussion 0
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