[Nov-2022] SAP C-TS4CO-2021 Exam Practice Test Questions - Prep4away
Updated Certification Exam C-TS4CO-2021 Dumps - Practice Test Questions
SAP C-TS4CO-2021 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| 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. |
| Reporting 8% - 12% | Determine general reporting requirements for cost centers, configure cost center reporting, and create report painter reports and drill-down reports. |
| 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. |
| 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. |
NEW QUESTION 13
Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question.
- A. It is used when the focus of controlling is on a stable and continuous production process.
- B. It is used when periodic costs outweigh daily postings.
- C. It is used in conjunction with a product cost collector.
- D. It is used to analyze work in process (WIP) based on actual costs.
Answer: A,C
NEW QUESTION 14
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?
- A. Revenue = 1200; Cost of sales = 800; Reserve = 200
- B. Revenue = 1200; Cost of sales = 800; WIP = 200
- C. Revenue = 1200; Cost of sales = 1000; Reserve = 200
- D. Revenue = 1200; Cost of sales = 1000; WIP = 200
Answer: B
NEW QUESTION 15
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 secondary costs type.
- B. It can be defined for postings on general ledger accounts of primary costs type.
- C. It takes precedence over validation and substitution.
- D. It can be overwritten in the application.
Answer: B,C
NEW QUESTION 16
You want to setup integrated planning for your internal order. What do you need to do? Note: There are 2 correct answers to this question.
- A. Set the relevant indicator in the planning profile of the order type.
- B. Set the relevant indicator in the internal order master record.
- C. Set the relevant indicators in the CO version.
- D. Set the relevant indicator in the controlling area.
Answer: B,C
NEW QUESTION 17
Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.
- A. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analysis Tools for reporting.
- B. It uses core data services (CDS ) views to create virtual data models (VDMs ) for reporting.
- C. It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.
- D. It is the core SAP S4/HANA license and users the same technical stack and user interface.
Answer: B,D
NEW QUESTION 18
You are setting up a direct internal activity allocation in SAP S4/HANA. What is valid receivers for the activity? Note: There are 3 correct answers to this question.
- A. General ledger account
- B. Sales order item
- C. WBS element
- D. Internal order
- E. Profit center
Answer: B,C,D
NEW QUESTION 19
At which level do you define the valuation method for results analysis?
- A. Operating concern
- B. Company code
- C. Controlling area
- D. Plant
Answer: C
NEW QUESTION 20
You want to run an assessment cycle in Profitability Analysis to allocate cost center costs during period-end closing for your organization. Which of the following objects is part of the assessment cycle?
- A. Template
- B. Tracing factor
- C. Cycle iteration
- D. Sender cost objects
Answer: B
NEW QUESTION 21
What does SAP/S4HANA select line-item-based data for costing based Profitability Analysis reports?
- A. It select actual data from table ACDOCA and plan data from ACDOCP.
- B. It select actual data from table CE2XXXX and plan data from CE3XXXX.
- C. It select actual data from table ACDOCA and plan data from COSP.
- D. It select actual data from table CE1XXXX and plan data from CE2XXXX.
Answer: D
NEW QUESTION 22
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 is possible to derive the profit center from the segment in configuration.
- B. It is integrated in the universal journal.
- C. It can be used in the settlement rule for internal order.
- D. It can be used with period and/or cost of sale accounting.
Answer: B,D
NEW QUESTION 23
You create a new profit center. Which company code(s) is it assigned to by default?
- A. All company codes to which the profit center standard hierarchy is assigned to.
- B. All company codes maintained in your authorization profile.
- C. All company codes within the controlling area.
- D. All company codes where profit center accounting is activated.
Answer: C
NEW QUESTION 24
You want to maintain a cost component structure. What can you determine for each cost component? Note:
There are 3 correct answers to this question.
- A. Relevance of cost component to results analysis
- B. Relevance of cost component to inventory valuation
- C. Assignment of cost component to calculation base for overheads in costing sheet
- D. Assignment of cost component of cost component group
- E. Relevance of cost component to goods manufactured
Answer: B,D,E
NEW QUESTION 25
What can you do with statistical internal orders?
- A. Apply overhead rates to the internal order.
- B. Simultaneously post to a cost center.
- C. Transfer posting to another internal order.
- D. Settle costs to a cost center.
Answer: B
NEW QUESTION 26
What can you manage via the account assignment category? Note: There are 2 correct answers to this question.
- A. Costing variant
- B. Product cost by sales order
- C. Separate sales order stock
- D. Valuation of separate sales order stock
Answer: C,D
NEW QUESTION 27
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 activate the CO partner update
- B. To define users for the order
- C. To permit or forbid specific transactions
- D. To define the user status
- E. To set the initial status as Created or Released
Answer: C,D,E
NEW QUESTION 28
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