[Q15-Q32] Exam Questions and Answers for C_TS4CO_2021 Study Guide Questions and Answers!

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Exam Questions and Answers for C_TS4CO_2021 Study Guide Questions and Answers!

SAP Certified Application Associate – SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) Certification Sample Questions and Practice Exam

SAP C-TS4CO-2021 certification exam is an excellent opportunity for individuals who want to advance their careers in management accounting. It validates your knowledge and skills in SAP S/4HANA for management accounting associates and demonstrates your commitment to continuous learning and professional development. To prepare for the exam, SAP offers several training courses and resources that cover all the topics included in the exam and provide hands-on experience with SAP S/4HANA.

NO.15 You have implemented Product Cost by Sales Oder in conjunction with cost-based POC 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 cost=1000
What data does the system calculate during results analysis?

“Revenue = 1500; Cost of sales = 1000; Revenue surplus =300”

“Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200”

“Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300”

“Revenue = 1200; Cost of sales = 1000; Revenue surplus =200”

NO.16 How do you maintain number range intervals in Controlling?

By account type

By cost element category

By business transactions

By document type

NO.17 How does the system derive the requirement type from the material master data? Note: There are 2 correct answers to this question.

MRP group -> requirements class -> planning strategy -> requirements type

MRP group -> Strategy group -> planning strategy -> requirements type

Strategy group -> planning strategy -> requirements class -> requirements type

Strategy group -> planning strategy -> requirements type

NO.18 Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.

Inventory cost estimate of all the materials in one plant

Standard cost estimate of all the materials in all plants of a controlling area

Current cost estimate of all the materials in all controlling area

Product cost collector cost estimate in one plant

NO.19 What can you manage via the account assignment category? Note: There are 2 correct answers to this question.

Separate sales order stock

Costing variant

Valuation of separate sales order stock

Product cost by sales order

NO.20 You want to use budget availability control for your projects and internal orders. What can you check using budget availability control? Note: There are 2 correct answers to this question.

The availability of funds using overall plan value

The availability of funds according to tolerance limits

The availability of funds in object currency

The availability of funds on period level

NO.21 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.

The purchase order has NOT generated a budget yet.

The purchase order was entered in a different year than the budget.

The cost element is exempted from budget availability control.

The difference of 1000 is within the tolerance limits defined in the configuration.

NO.22 At what level do you create the structure of the operating concern?

Sales organization level

Controlling area level

Client level

Company code level

NO.23 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?

Cycle iteration

Tracing factor

Sender cost objects

Template

NO.24 Which setting in the cost center master data do you use to assign the same attributes to similar cost center?

Cost center category

Cost center type

Object class

Standard hierarchy node

NO.25 How can you populate local variables in Profitability Analysis reports?

By populating from user parameters

By user exit

By Business Add-In

By user entry during report execution

NO.26 To which object do you assign a costing sheet?

Valuation variant

Transfer control

Cost component structure

Costing variant

NO.27 How do you define the relationship between an operating concern and a controlling area?

Many-to-many (N:M)

Many-to-one (N:1)

One-to-many (1:N)

One-to-one (1:1)

NO.28 You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?

Periodic reporting

Accrual calculation

Budget availability control

Indirect activity allocation

NO.29 Which statement best describes the Query Browser for reporting?

It is a desktop browser that integrates with SAP S/4HANA.

It is the frontend used to define reports in Analysis for Office.

It is available as an additional license product in SAP S/4HANA.

It is a design studio app that comes as standard SAP Fiori content.

NO.30 You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirements must be fulfilled? Note: There are 2 correct answers to this question.

Costing-based Profitability Analysis must be active.

Account-based Profitability Analysis must be active.

The type of the addressed ledger must be an extension ledger.

The type of the general ledger account must be primary cost/revenue or secondary cost.

NO.31 For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.

Cost centers

Internal orders

Functional areas

Cost elements

Profit centers

NO.32 What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.

You can plan multiple versions.