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SAP C-TS4CO-2021 exam is made up of 80 multiple-choice questions, which must be answered within a three-hour time limit. C_TS4CO_2021 exam is available in several languages, including English, German, French, and Spanish. C_TS4CO_2021 exam covers a range of topics, including General Ledger Accounting, Accounts Receivable and Accounts Payable, Cost Center Accounting, and Profitability Analysis.
SAP C-TS4CO-2021 Certification Exam is a globally recognized certification exam that tests the knowledge and skills of candidates regarding the SAP S/4HANA for Management Accounting Associates. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification exam is designed for individuals who are interested in demonstrating their expertise in SAP's latest technology solutions for management accounting.
NEW QUESTION # 30
How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.
- A. Primary and secondary costs are captured in general ledger accounts.
- B. Secondary costs are captured as secondary cost element, and not as general ledger accounts.
- C. All primary and secondary costs are captured by creating them as cost elements.
- D. Only primary costs are captured in general ledger accounts.
Answer: A,C
NEW QUESTION # 31
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?
- A. Indirect activity allocation
- B. Accrual calculation
- C. Periodic reporting
- D. Budget availability control
Answer: B
NEW QUESTION # 32
At what level do you create the structure of the operating concern?
- A. Sales organization level
- B. Company code level
- C. Client level
- D. Controlling area level
Answer: C
NEW QUESTION # 33
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 on period level
- C. The availability of funds according to tolerance limits
- D. The availability of funds using overall plan value
Answer: A,C
NEW QUESTION # 34
You want enable WIP calculation in Product Cost by Period. What do you need to configure?
- A. Valuation variant
- B. Profitability Analysis (PA) transfer structure
- C. Variance variant
- D. Settlement profile
Answer: A
NEW QUESTION # 35
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 overwritten in the application.
- B. It can be defined for postings on general ledger accounts of secondary costs type.
- C. It can be defined for postings on general ledger accounts of primary costs type.
- D. It takes precedence over validation and substitution.
Answer: C,D
NEW QUESTION # 36
How can you populate local variables in Profitability Analysis reports?
- A. By Business Add-In
- B. By user exit
- C. By populating from user parameters
- D. By user entry during report execution
Answer: D
NEW QUESTION # 37
You create alternative CO versions for your controlling area, in addition to version 0. What would you use additional CO versions for? Note: There are 2 correct answers to this question.
- A. To store different plan data
- B. To store data of alternative plan costing runs
- C. To store data of parallel valuation
- D. To store different budget data
Answer: A,C
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 within the controlling area.
- C. All company codes to which the profit center standard hierarchy is assigned to.
- D. All company codes maintained in your authorization profile.
Answer: B
NEW QUESTION # 39
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. Provide the company with information on the performance of its market segments.
- C. Allow the company to determine if the sales force achieved their contribution margin goals.
- D. Allow the company to determine standard costs and revenues according to the period accounting method.
Answer: B,C
NEW QUESTION # 40
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 can be used in the settlement rule for internal order.
- B. It is possible to derive the profit center from the segment in configuration.
- C. It is integrated in the universal journal.
- D. It can be used with period and/or cost of sale accounting.
Answer: C,D
NEW QUESTION # 41
What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item? Note: There are 2 correct answers to this question.
- A. The sales order item is assigned to a project.
- B. The sales order item is a cost object.
- C. The material in the sales order item is a service.
- D. Profitability Analysis (CO-PA) is activated.
Answer: A,D
NEW QUESTION # 42
What can you do with statistical internal orders?
- A. Simultaneously post to a cost center.
- B. Transfer posting to another internal order.
- C. Apply overhead rates to the internal order.
- D. Settle costs to a cost center.
Answer: A
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 activate the CO partner update
- B. To define users for the order
- C. To set the initial status as Created or Released
- D. To define the user status
- E. To permit or forbid specific transactions
Answer: C,D,E
NEW QUESTION # 44
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 periodic costs outweigh daily postings.
- B. It is used to analyze work in process (WIP) based on actual costs.
- C. It is used in conjunction with a product cost collector.
- D. It is used when the focus of controlling is on a stable and continuous production process.
Answer: C,D
NEW QUESTION # 45
How do you define the relationship between an operating concern and a controlling area?
- A. Many-to-one (N:1)
- B. One-to-many (1:N)
- C. One-to-one (1:1)
- D. Many-to-many (N:M)
Answer: B
NEW QUESTION # 46
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. WBS element
- C. Profit center
- D. Internal order
- E. General ledger account
Answer: A,B,D
NEW QUESTION # 47
Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.
- A. It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.
- B. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analysis Tools for reporting.
- C. It is the core SAP S4/HANA license and users the same technical stack and user interface.
- D. It uses core data services (CDS ) views to create virtual data models (VDMs ) for reporting.
Answer: C,D
NEW QUESTION # 48
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; WIP = 200
- C. Revenue = 1200; Cost of sales = 800; WIP = 200
- D. Revenue = 1200; Cost of sales = 1000; Reserve = 200
Answer: C
NEW QUESTION # 49
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 both quantity and cost to the receiver, and cost only to the sender.
- C. You post only cost to both the sender and receiver.
- D. You post quantity and cost to both the sender and receiver.
Answer: D
NEW QUESTION # 50
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