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SAP C-TS4CO-2021 certification exam covers a range of topics related to SAP S/4HANA Management Accounting. These topics include the organization structure and master data in Management Accounting, cost center accounting, product cost planning, profitability analysis, and internal orders. C_TS4CO_2021 exam also covers topics related to the integration of Management Accounting with other modules such as Finance, Sales and Distribution, and Materials Management.
NEW QUESTION # 20
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. Company code
- D. Price indicator
- E. CO version
Answer: A,B,D
NEW QUESTION # 21
In SAP S/4HANA, you have decided to activate only account-based profitability analysis for your organization. You want to settle costs and revenue of a sales order item to a profitability segment. What do you need to configure?
- A. Allocation structure
- B. Source structure
- C. Cost component structure
- D. PA transfer structure
Answer: D
NEW QUESTION # 22
Which parameters are controlled by the costing type in a costing variant? Note: There are 2 correct answers to this question.
- A. Price for materials
- B. Costing sheet
- C. Price updates
- D. Save with date key
Answer: C,D
NEW QUESTION # 23
How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. Use separate currency types within the same ledger for each valuation.
- B. Use separate ledgers for each valuation.
- C. Use separate CO versions for each valuation.
- D. Use separate segments for each valuation.
Answer: B,C
NEW QUESTION # 24
Which setting in the cost center master data do you use to assign the same attributes to similar cost center?
- A. Object class
- B. Cost center category
- C. Cost center type
- D. Standard hierarchy node
Answer: B
NEW QUESTION # 25
Which statements best describes a single cost center standard hierarchy?
- A. It is a structure to which all the cost centers within a controlling area are assigned.
- B. It is a structure to which all cost center groups create for a controlling area are assigned.
- C. It is a structure to which all the cost centers within an operating concern are assigned.
- D. It is a structure to which all cost center groups created within an operating concern are assigned.
Answer: A
NEW QUESTION # 26
What can you do with statistical internal orders?
- A. Simultaneously post to a cost center.
- B. Settle costs to a cost center.
- C. Transfer posting to another internal order.
- D. Apply overhead rates to the internal order.
Answer: A
NEW QUESTION # 27
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 on data in real time is difficult, and complex to design.
- B. Reporting analytical data is always done in a business warehouse system.
- C. Reporting can be either broad and deep for analysis, or speedy and simple, but not both.
- D. Reporting on data is available in real-time at every level of detail.
Answer: D
NEW QUESTION # 28
How do you define the relationship between an operating concern and a controlling area?
- A. One-to-one (1:1)
- B. Many-to-one (N:1)
- C. Many-to-many (N:M)
- D. One-to-many (1:N)
Answer: D
NEW QUESTION # 29
What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are
2 correct answers to this question.
- A. Value of conditions of pricing procedure
- B. Production variances split by variance categories
- C. Value of "Gross Margin 2"
- D. Cost of goods sold split by cost components
Answer: A,D
NEW QUESTION # 30
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 valuate goods movement
- C. To valuate the materials in cost estimates
- D. To update the standard price during the release of a standard cost estimate
Answer: C
NEW QUESTION # 31
How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question.
- A. As quantity-based surcharge
- B. As percentage rate
- C. As lot-based surcharge
- D. As equivalence number
Answer: A,B
NEW QUESTION # 32
At which level do you define the valuation method for results analysis?
- A. Operating concern
- B. Plant
- C. Controlling area
- D. Company code
Answer: C
NEW QUESTION # 33
Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question.
- A. It is used in conjunction with a product cost collector.
- B. It is used when periodic costs outweigh daily postings.
- C. It is used to analyze work in process (WIP) based on actual costs.
- D. It is used when the focus of controlling is on a stable and continuous production process.
Answer: A,D
NEW QUESTION # 34
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. Result Analysis (RA) Version
- C. Result Analysis (RA) key
- D. Variance variant
Answer: A,C
NEW QUESTION # 35
How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?
- A. By defining the characteristic value as a value field
- B. By defining the characteristic value as a key figure
- C. By defining the characteristic value in the check table
- D. By defining the characteristic value in the field catalog
Answer: C
NEW QUESTION # 36
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?
- A. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
- B. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
- C. Parallel accounting is needed in order to be compliant with different accounting principles.
- D. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
Answer: A
NEW QUESTION # 37
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 # 38
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 match revenues for goods and services against sales-related expenses.
- D. It aims to summarize activity and situational change for a given organizational unit over a period of time.
Answer: A,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 according to tolerance limits
- B. The availability of funds using overall plan value
- C. The availability of funds in object currency
- D. The availability of funds on period level
Answer: A,C
NEW QUESTION # 40
How do you maintain number range intervals in Controlling?
- A. By document type
- B. By cost element category
- C. By account type
- D. By business transactions
Answer: D
NEW QUESTION # 41
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. Periodic reporting
- B. Budget availability control
- C. Accrual calculation
- D. Indirect activity allocation
Answer: C
NEW QUESTION # 42
You want to maintain a cost component structure. What can you determine for each cost component? Note:
There are 3 correct answers to this question.
- A. Assignment of cost component of cost component group
- B. Assignment of cost component to calculation base for overheads in costing sheet
- C. Relevance of cost component to goods manufactured
- D. Relevance of cost component to inventory valuation
- E. Relevance of cost component to results analysis
Answer: A,C,D
NEW QUESTION # 43
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UPDATED SAP C_TS4CO_2021 Exam Questions & Answer: https://drive.google.com/open?id=1GpEFiqENYFs40o40qft8idJUJkhoY-1F
