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UPDATED [Jan 01, 2023] Pass SAP Certified Application Associate – SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) Exam with Latest Questions

C_TS4CO_2020 Exam Practice Questions prepared by SAP Professionals

SAP S/4HANA Management Accounting Certification Exam Details:

Exam Name SAP Certified Application Associate – SAP S/4HANA for Management Accounting (SAP S/4HANA 2020)
SAP Certified Application Associate – SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 1909)
Number of Questions 80
Passing Score C_TS4CO_2020 – 64%
C_TS4CO_1900 – 63%
Sample Questions SAP S/4HANA Management Accounting Certification Sample Questions
Exam Price $550 (USD)

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”.

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.

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.

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.

 

NEW QUESTION 39
You use a production order with product Cost by period and you entered a result analysis key and variance key. How does the system calculate variances in product Cost by Period ?

 
 
 
 

NEW QUESTION 40
You want to determine which operations of the oruting should be considered in a product cost calculation. How do you do this ? 2 Answers

 
 
 
 

NEW QUESTION 41
To which object do you settle values of the result analysis ?

 
 
 
 

NEW QUESTION 42
Which processes split costs into their primary cost components? Note: There are 2 correct answers to this question.

 
 
 
 

NEW QUESTION 43
What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.

 
 
 
 

NEW QUESTION 44
You want to run an assessment cycle in Profitability Analysis to allocate cost centers costs during period- end closing for your organization. Which of the following objects is part of the assessment cycle?

 
 
 
 

NEW QUESTION 45
What values flow from Sales and Distribution billing to costing-based Profitability Analysis? 2 answers

 
 
 
 

NEW QUESTION 46
You want to define requirement levels for users for the authorization check in Profitability Analysis reporting. Which requirement level would you set to enable user access to all the interactive drill down functions?

 
 
 
 

NEW QUESTION 47
In a standard system delivery, how many characteristics can be added to an operating concern ?

 
 
 
 

NEW QUESTION 48
Which object can you select for reporting in costing-based profitability Analysis, and NOT in account- based Profitability Analysis?

 
 
 
 

NEW QUESTION 49
Which main elements do you configure for the overhead costing sheet? There are TWO correct answers for this question

 
 
 
 
 

NEW QUESTION 50
To which object can you settle an internal order using cost elements with cost element category 21 (internal settlement)? Note: There are 3 correct answers to this question.

 
 
 
 
 

NEW QUESTION 51
What can you use to difference two or more cost estimates for the same material? There are TWO correct answers for this question

 
 
 
 

NEW QUESTION 52
Which parameters are controlled by the costing type in a costing variant? Note: There are 2 correct answers to this question.

 
 
 
 

NEW QUESTION 53
Which receiver must be allowed in the settlement profil of a product cost collector?

 
 
 
 

NEW QUESTION 54
You want to use a template for activity and process assignment to your material cost estimate. What do you need to do ?

 
 
 
 

NEW QUESTION 55
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?

 
 
 
 

NEW QUESTION 56
What is the difference when you perform repost line items (TA: KB61) compared to manua reposting of costs (KB11n) for a cost center? There are TWO correct answers for this question

 
 
 
 

NEW QUESTION 57
Which cost estimates must you reuse with the transfer control functionality?

 
 
 
 

NEW QUESTION 58
You enter the actual activity quality for work and vacation in the cross-application time sheet. Which options can you choose in the master data of the activity type to ensure the quantities and values are posted in Management Accounting? There are TWO correct answers for this question

 
 
 
 

NEW QUESTION 59
Which customizing activity do you perform in overhead cost controlling?

 
 
 
 

NEW QUESTION 60
To which objects do you assign the elements of the cost component split to ensure the transfer of costing to costing-based CO-PA?

 
 
 
 

NEW QUESTION 61
Which are mandatory attributes, when you create an operating concern with costing-based and account-based CO-PA? There are TWO correct answers for this question

 
 
 
 

C_TS4CO_2020 Exam Practice Materials Collection: https://www.passleadervce.com/SAP-Certified-Application-Associate/reliable-C_TS4CO_2020-exam-learning-guide.html

         

Related Links: myportal.utt.edu.tt myportal.utt.edu.tt myportal.utt.edu.tt myportal.utt.edu.tt myportal.utt.edu.tt myportal.utt.edu.tt

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