C_TS4CO_2021 Free Exam Study Guide! (Updated 82 Questions)
C_TS4CO_2021 Dumps for SAP Certified Application Associate Certified Exam Questions and Answer
NEW QUESTION # 35
You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA?
- A. Reporting can be either broad and deep for analysis, or speedy and simple, but not both.
- B. Reporting on data in real time is difficult, and complex to design.
- C. Reporting on data is available in real-time at every level of detail.
- D. Reporting analytical data is always done in a business warehouse system.
Answer: C
NEW QUESTION # 36
Which statements are relevant to the cost of sales accounting method in profitability management? Note:
There are 2 correct answers to this question.
- 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.
Answer: A,D
NEW QUESTION # 37
Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.
- A. Result Analysis (RA) Version
- B. Result Analysis (RA) key
- C. Costing variant for preliminary costing
- D. Variance variant
Answer: B,C
NEW QUESTION # 38
What does SAP/S4HANA select line-item-based data for costing based Profitability Analysis reports?
- A. It select actual data from table CE2XXXX and plan data from CE3XXXX.
- B. It select actual data from table ACDOCA and plan data from COSP.
- C. It select actual data from table ACDOCA and plan data from ACDOCP.
- D. It select actual data from table CE1XXXX and plan data from CE2XXXX.
Answer: D
NEW QUESTION # 39
You are configuring internal order settlement. What do you define which cost element should be settled, using either the original settlement cost elements?
- A. Credit component (of the costing sheet)
- B. Allocation structure
- C. Settlement rule
- D. Settlement profile
Answer: B
NEW QUESTION # 40
You are considering using commitment management with internal orders. What do you need to do in the configuration?
- A. Activate commitment management in the controlling area, the order type, and in individual internal order master data.
- B. Activate commitment management only in the controlling area.
- C. Activate commitment management in both the controlling area and the order type.
- D. Activate commitment management in both the version and the order type.
Answer: C
NEW QUESTION # 41
Which receiver must be allowed in the settlement profile of product cost collector?
- A. G/L Account
- B. Order
- C. Cost center
- D. Material
Answer: D
NEW QUESTION # 42
How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.
- A. Only primary costs are captured in general ledger accounts.
- B. Primary and secondary costs are captured in general ledger accounts.
- C. Secondary costs are captured as secondary cost element, and not as general ledger accounts.
- D. All primary and secondary costs are captured by creating them as cost elements.
Answer: B,D
NEW QUESTION # 43
What parameters can you set up when defining order types?
- A. Define document type.
- B. Define default parameters for master record fields.
- C. Define source structure.
- D. Allow revenue postings.
Answer: B,D
NEW QUESTION # 44
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.
- A. The availability of funds according to tolerance limits
- B. The availability of funds on period level
- C. The availability of funds in object currency
- D. The availability of funds using overall plan value
Answer: A,C
NEW QUESTION # 45
What are some of the unique attributes of an assessment cycle in Controlling? Note: There are 2 correct answers to this question.
- A. They use a secondary cost element during transfer.
- B. They transfer only primary costs.
- C. They transfer primary and secondary costs.
- D. They use the original cost element during transfer
Answer: A,C
NEW QUESTION # 46
What are some of the objectives of Profitability Analysis? Note: There are 2 correct answers to this question.
- A. Provide the company with a detailed view of its financial statements by areas of responsibilities.
- B. Allow the company to determine standard costs and revenues according to the period accounting method.
- C. Provide the company with information on the performance of its market segments.
- D. Allow the company to determine if the sales force achieved their contribution margin goals.
Answer: C,D
NEW QUESTION # 47
Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.
- A. Standard cost estimate of all the materials in all plants of a controlling area
- B. Current cost estimate of all the materials in all controlling area
- C. Inventory cost estimate of all the materials in one plant
- D. Product cost collector cost estimate in one plant
Answer: C,D
NEW QUESTION # 48
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.
- A. Sales order item
- B. Asset
- C. WBS element
- D. General ledger account
- E. Network
Answer: A,C,E
NEW QUESTION # 49
Which field can you select for both reporting in costing based and account-based Profitability Analysis?
- A. Cost element
- B. Record type
- C. Version
- D. Value in Controlling Area Currency
Answer: C
NEW QUESTION # 50
What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question.
- A. Activity type
- B. Cost element
- C. Statistical key figures
- D. Cost centers
Answer: A,D
NEW QUESTION # 51
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?
- A. A multi-valuation ledger
- B. A new standard G/L ledger with exclusive usage of "Prediction"
- C. An extension ledger of type "Simulation"
- D. An extension ledger of type "Prediction and Commitment"
Answer: D
NEW QUESTION # 52
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.
- A. Valid cost center categories
- B. Activity type category
- C. Price indicator
- D. CO version
- E. Company code
Answer: A,B,C
NEW QUESTION # 53
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. Sales order item
- B. Profit center
- C. WBS element
- D. General ledger account
- E. Internal order
Answer: A,C,E
NEW QUESTION # 54
What can you configure in the settlement profile? Note: There are 2 correct answers to this question.
- A. Define a number range for settlement document.
- B. Determine an overhead key.
- C. Define document management parameters.
- D. Determine whether settlement is required.
Answer: C,D
NEW QUESTION # 55
Which parameters are controlled by the costing type in a costing variant? Note: There are 2 correct answers to this question.
- A. Save with date key
- B. Price for materials
- C. Price updates
- D. Costing sheet
Answer: A,C
NEW QUESTION # 56
What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.
- A. Availability control can check against plan values.
- B. You can enter costs and revenues.
- C. You can define tolerance limits for plan overspend.
- D. You can plan multiple versions.
Answer: B,D
NEW QUESTION # 57
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