Latest SAP C_TS4CO_2021 Exam questions and answers [Q24-Q48]

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Latest SAP C_TS4CO_2021 Exam questions and answers

Real4dumps C_TS4CO_2021 Exam Practice Test Questions (Updated 82 Questions)

NEW QUESTION # 24
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 aims to match revenues for goods and services against sales-related expenses.
  • B. It presents the costs and revenues information in a format that is ideal for conducting margin analyses.
  • C. It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities.
  • D. It aims to summarize activity and situational change for a given organizational unit over a period of time.

Answer: A,B


NEW QUESTION # 25
How does the system derive the requirement type from the material master data? Note: There are 2 correct answers to this question.

  • A. Strategy group -> planning strategy -> requirements type
  • B. MRP group -> Strategy group -> planning strategy -> requirements type
  • C. MRP group -> requirements class -> planning strategy -> requirements type
  • D. Strategy group -> planning strategy -> requirements class -> requirements type

Answer: A,B


NEW QUESTION # 26
Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.

  • A. Costing variant for preliminary costing
  • B. Variance variant
  • C. Result Analysis (RA) Version
  • D. Result Analysis (RA) key

Answer: A,D


NEW QUESTION # 27
Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.

  • A. Inventory cost estimate of all the materials in one plant
  • B. Standard cost estimate of all the materials in all plants of a controlling area
  • C. Product cost collector cost estimate in one plant
  • D. Current cost estimate of all the materials in all controlling area

Answer: A,C


NEW QUESTION # 28
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 integrated in the universal journal.
  • B. It is possible to derive the profit center from the segment in configuration.
  • 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: A,D


NEW QUESTION # 29
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?

  • A. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
  • B. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
  • C. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
  • D. Parallel accounting is needed in order to be compliant with different accounting principles.

Answer: B


NEW QUESTION # 30
Which receiver must be allowed in the settlement profile of product cost collector?

  • A. Order
  • B. Cost center
  • C. G/L Account
  • D. Material

Answer: D


NEW QUESTION # 31
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?

  • A. To valuate material stocks
  • B. To update the standard price during the release of a standard cost estimate
  • C. To valuate the materials in cost estimates
  • D. To valuate goods movement

Answer: C


NEW QUESTION # 32
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. WBS element
  • B. Internal order
  • C. General ledger account
  • D. Profit center
  • E. Sales order item

Answer: A,B,E


NEW QUESTION # 33
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?

  • A. A new standard G/L ledger with exclusive usage of "Prediction"
  • B. A multi-valuation ledger
  • C. An extension ledger of type "Prediction and Commitment"
  • D. An extension ledger of type "Simulation"

Answer: C


NEW QUESTION # 34
What are some of the characteristics of SAP Core Data Services (CDS) views? Note: There are 3 correct answers to this question.

  • A. CDS views have no latency.
  • B. CDS views are considered system modifications.
  • C. CDS views have ready-to-use content.
  • D. CDS views duplicate data for reporting efficiencies.
  • E. CDS views support authorization.

Answer: A,C,E


NEW QUESTION # 35
What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are
2 correct answers to this question.

  • A. Cost of goods sold split by cost components
  • B. Value of "Gross Margin 2"
  • C. Value of conditions of pricing procedure
  • D. Production variances split by variance categories

Answer: A,C


NEW QUESTION # 36
In a standard system delivery, how many free characteristics can be added to an operating concern?

  • A. Over 150
  • B. 0-70
  • C. 71-100
  • D. 101-150

Answer: B


NEW QUESTION # 37
What parameters can you set up when defining order types?

  • A. Define document type.
  • B. Define source structure.
  • C. Define default parameters for master record fields.
  • D. Allow revenue postings.

Answer: C,D


NEW QUESTION # 38
You create a new profit center. Which company code(s) is it assigned to by default?

  • A. All company codes where profit center accounting is activated.
  • B. All company codes maintained in your authorization profile.
  • C. All company codes within the controlling area.
  • D. All company codes to which the profit center standard hierarchy is assigned to.

Answer: C


NEW QUESTION # 39
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 in object currency
  • B. The availability of funds according to tolerance limits
  • C. The availability of funds using overall plan value
  • D. The availability of funds on period level

Answer: A,B


NEW QUESTION # 40
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 = 1000; Reserve = 200
  • C. Revenue = 1200; Cost of sales = 1000; WIP = 200
  • D. Revenue = 1200; Cost of sales = 800; WIP = 200

Answer: D


NEW QUESTION # 41
You want to determine which operations of the routing should be considered in a product cost calculation.
How do you do this? Note: There are 2 correct answers to this question.

  • A. By assigning a cost center to the work center in the operation
  • B. By marking the cost indicator in the control key assigned to the operation
  • C. By marking the Relevance to Costing indicator in the operation
  • D. By defining a usage key in the header of the routing.

Answer: B,C


NEW QUESTION # 42
You are running an indirect activity allocation. What do you post to the sender and receiver?

  • A. You post both quantity and cost to the sender, and cost only to the receiver.
  • B. You post quantity and cost to both the sender and receiver.
  • C. You post only cost to both the sender and receiver.
  • D. You post both quantity and cost to the receiver, and cost only to the sender.

Answer: B


NEW QUESTION # 43
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 permit or forbid specific transactions
  • B. To set the initial status as Created or Released
  • C. To define users for the order
  • D. To define the user status
  • E. To activate the CO partner update

Answer: A,B,D


NEW QUESTION # 44
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.

  • A. Payment Discount
  • B. Sales deductions
  • C. Revenues
  • D. Order quantity

Answer: B,C


NEW QUESTION # 45
How can you populate local variables in Profitability Analysis reports?

  • A. By user entry during report execution
  • B. By user exit
  • C. By Business Add-In
  • D. By populating from user parameters

Answer: A


NEW QUESTION # 46
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.

  • A. Costing-based Profitability Analysis must be active.
  • B. The type of the addressed ledger must be an extension ledger.
  • C. The type of the general ledger account must be primary cost/revenue or secondary cost.
  • D. Account-based Profitability Analysis must be active.

Answer: C,D


NEW QUESTION # 47
To which object do you assign a costing sheet?

  • A. Valuation variant
  • B. Transfer control
  • C. Cost component structure
  • D. Costing variant

Answer: A


NEW QUESTION # 48
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