[Jan-2024] C-TS4CO-2021 exam torrent SAP study guide [Q23-Q47]

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[Jan-2024] C-TS4CO-2021 exam torrent SAP study guide

Use Valid New C-TS4CO-2021 Test Notes & C-TS4CO-2021 Valid Exam Guide

SAP C-TS4CO-2021 exam covers various topics such as cost center accounting, product cost planning, profitability analysis, accounting for material movements, and internal orders. Candidates are expected to have a good understanding of SAP S/4HANA Management Accounting features and functionalities. Passing the C-TS4CO-2021 certification exam demonstrates that the candidate has the necessary skills and knowledge to configure, implement, and use SAP S/4HANA Management Accounting.

Q23. Which of the following objects can be selected in templates for activity-based costing? Note: There are 2 correct answers to this question.

Cost center/activity type

Internal order

WBS element

Business process

Q24. What are some of the objectives of Profitability Analysis? Note: There are 2 correct answers to this question.

Provide the company with information on the performance of its market segments.

Allow the company to determine if the sales force achieved their contribution margin goals.

Provide the company with a detailed view of its financial statements by areas of responsibilities.

Allow the company to determine standard costs and revenues according to the period accounting method.

Q25. What are the some of the characteristics of Profit Center Accounting in SAP S4/HANA? Note: There are 2 correct answers to this question.

It can be used in the settlement rule for internal order.

It is integrated in the universal journal.

It can be used with period and/or cost of sale accounting.

It is possible to derive the profit center from the segment in configuration.

Q26. Why would you use manual cost allocation in Controlling? Note: There are 2 correct answers to this question.

To run simple allocations of actual data

To run simple allocations of plan data

To correct secondary postings

To allocate costs using an allocation cycle

Q27. What does SAP/S4HANA select line-item-based data for costing based Profitability Analysis reports?

It select actual data from table CE2XXXX and plan data from CE3XXXX.

It select actual data from table ACDOCA and plan data from ACDOCP.

It select actual data from table CE1XXXX and plan data from CE2XXXX.

It select actual data from table ACDOCA and plan data from COSP.

Q28. 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.

To store data of alternative plan costing runs

To store different plan data

To store data of parallel valuation

To store different budget data

Q29. What are some of the characteristics of SAP Core Data Services (CDS) views? Note: There are 3 correct answers to this question.

CDS views are considered system modifications.

CDS views have ready-to-use content.

CDS views duplicate data for reporting efficiencies.

CDS views have no latency.

CDS views support authorization.

Q30. 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

Q31. Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question.

It is used when you perform repetitive manufacturing.

It is recommended for products with a long production time.

It is used when full cost traceability is needed.

It is used when controlling by individual production lots or discrete quantities is needed.

Q32. 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.

To define the user status

To define users for the order

To permit or forbid specific transactions

To activate the CO partner update

To set the initial status as Created or Released

Q33. Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.

Result Analysis (RA) Version

Result Analysis (RA) key

Costing variant for preliminary costing

Variance variant

Q34. 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?

To valuate goods movement

To valuate the materials in cost estimates

To valuate material stocks

To update the standard price during the release of a standard cost estimate

Q35. At what level do you create the structure of the operating concern?

Sales organization level

Controlling area level

Client level

Company code level

Q36. To which object do you assign a costing sheet?

Valuation variant

Transfer control

Cost component structure

Costing variant

Q37. You are setting up costing-based Profitability Analysis for your organization. How do you configure the deferent market segments?

As divisions

As value fields

As key Figures

As characteristics

Q38. Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? Note:
There are 2 correct answers to this question.

It can be overwritten in the application.

It can be defined for postings on general ledger accounts of secondary costs type.

It takes precedence over validation and substitution.

It can be defined for postings on general ledger accounts of primary costs type.

Q39. In the Product Cost by Order process, what does the system calculate depending on the order status?

Both WIP and variances

WIP at actual costs or variances

WIP at target costs or variances

WIP at percentage of completion (PoC) method or variances

Q40. What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are
2 correct answers to this question.

Cost of goods sold split by cost components

Value of “Gross Margin 2”

Production variances split by variance categories

Value of conditions of pricing procedure

Q41. 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

Q42. Which statements are relevant to the cost of sales accounting method in profitability management? Note:
There are 2 correct answers to this question.

It presents the costs and revenues information in a format that is ideal for conducting margin analyses.

It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities.

It aims to summarize activity and situational change for a given organizational unit over a period of time.

It aims to match revenues for goods and services against sales-related expenses.

Q43. 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

Q44. How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.

Secondary costs are captured as secondary cost element, and not as general ledger accounts.

Primary and secondary costs are captured in general ledger accounts.

All primary and secondary costs are captured by creating them as cost elements.

Only primary costs are captured in general ledger accounts.

Q45. 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.

By marking the cost indicator in the control key assigned to the operation

By marking the Relevance to Costing indicator in the operation

By assigning a cost center to the work center in the operation

By defining a usage key in the header of the routing.

Q46. 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.

Sales order item

WBS element

General ledger account

Network

Asset

Q47. 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?

Costing type

Reference variant

Transfer control

Costing version

C-TS4CO-2021 Exam questions and answers: https://www.trainingdump.com/SAP/C-TS4CO-2021-practice-exam-dumps.html

[Jan-2024] C-TS4CO-2021 exam torrent SAP study guide [Q23-Q47]

[Jan-2024] C-TS4CO-2021 exam torrent SAP study guide [Q23-Q47]

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[Jan-2024] C-TS4CO-2021 exam torrent SAP study guide [Q23-Q47]

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