
[Jan 04, 2025] C_TS4CO_2021 Practice Exam Dumps - 99% Marks In SAP Exam
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SAP C-TS4CO-2021 certification exam is designed to test the knowledge and skills of candidates in the field of management accounting. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification is intended for individuals who are interested in pursuing a career in finance and accounting, and who want to demonstrate their proficiency in SAP S/4HANA for Management Accounting Associates. C_TS4CO_2021 exam covers various topics related to management accounting, including cost center accounting, product cost planning, profitability analysis, and internal orders. Candidates who pass C_TS4CO_2021 exam will be recognized as SAP Certified Application Associates in SAP S/4HANA for Management Accounting Associates.
NEW QUESTION # 13
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 ready-to-use content.
- B. CDS views have no latency.
- C. CDS views duplicate data for reporting efficiencies.
- D. CDS views support authorization.
- E. CDS views are considered system modifications.
Answer: A,B,D
NEW QUESTION # 14
In a standard system delivery, how many free characteristics can be added to an operating concern?
- A. 0-70
- B. 71-100
- C. Over 150
- D. 101-150
Answer: A
NEW QUESTION # 15
What are some of the objectives of Profitability Analysis? Note: There are 2 correct answers to this question.
- A. Allow the company to determine if the sales force achieved their contribution margin goals.
- B. Provide the company with information on the performance of its market segments.
- C. Allow the company to determine standard costs and revenues according to the period accounting method.
- D. Provide the company with a detailed view of its financial statements by areas of responsibilities.
Answer: A,B
NEW QUESTION # 16
Which receiver must be allowed in the settlement profile of product cost collector?
- A. Order
- B. Cost center
- C. Material
- D. G/L Account
Answer: C
NEW QUESTION # 17
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 integrated in the universal journal.
- C. It is possible to derive the profit center from the segment in configuration.
- D. It can be used with period and/or cost of sale accounting.
Answer: B,D
NEW QUESTION # 18
Why would you use manual cost allocation in Controlling? Note: There are 2 correct answers to this question.
- A. To run simple allocations of plan data
- B. To run simple allocations of actual data
- C. To correct secondary postings
- D. To allocate costs using an allocation cycle
Answer: B,C
NEW QUESTION # 19
Which field can you select for both reporting in costing based and account-based Profitability Analysis?
- A. Value in Controlling Area Currency
- B. Cost element
- C. Record type
- D. Version
Answer: D
NEW QUESTION # 20
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 analytical data is always done in a business warehouse system.
- D. Reporting on data is available in real-time at every level of detail.
Answer: D
NEW QUESTION # 21
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 defining a usage key in the header of the routing.
- B. By marking the cost indicator in the control key assigned to the operation
- C. By assigning a cost center to the work center in the operation
- D. By marking the Relevance to Costing indicator in the operation
Answer: B,D
NEW QUESTION # 22
What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.
- A. You can enter costs and revenues.
- B. Availability control can check against plan values.
- C. You can define tolerance limits for plan overspend.
- D. You can plan multiple versions.
Answer: A,D
NEW QUESTION # 23
In the Product Cost by Order process, what does the system calculate depending on the order status?
- A. WIP at target costs or variances
- B. WIP at actual costs or variances
- C. Both WIP and variances
- D. WIP at percentage of completion (PoC) method or variances
Answer: B
NEW QUESTION # 24
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. Network
- B. Sales order item
- C. Asset
- D. General ledger account
- E. WBS element
Answer: A,B,E
NEW QUESTION # 25
How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.
- A. Secondary costs are captured as secondary cost element, and not as general ledger accounts.
- B. Only primary costs are captured in general ledger accounts.
- C. Primary and secondary costs are captured in general ledger accounts.
- D. All primary and secondary costs are captured by creating them as cost elements.
Answer: C,D
NEW QUESTION # 26
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 on period level
- B. The availability of funds according to tolerance limits
- C. The availability of funds using overall plan value
- D. The availability of funds in object currency
Answer: B,D
NEW QUESTION # 27
Which statement best describes the Query Browser for reporting?
- A. It is a design studio app that comes as standard SAP Fiori content.
- B. It is available as an additional license product in SAP S/4HANA.
- C. It is a desktop browser that integrates with SAP S/4HANA.
- D. It is the frontend used to define reports in Analysis for Office.
Answer: C
NEW QUESTION # 28
Which of the following values can be calculated using result analysis? Note: There are 3 correct answers to this question.
- A. Cost of goods manufactured
- B. Gross margin
- C. Reserves for unrealized costs
- D. Work in progress
- E. Cost of sales
Answer: C,D,E
NEW QUESTION # 29
How do you maintain number range intervals in Controlling?
- A. By business transactions
- B. By account type
- C. By cost element category
- D. By document type
Answer: A
NEW QUESTION # 30
How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?
- A. By defining the characteristic value in the check table
- B. By defining the characteristic value as a key figure
- C. By defining the characteristic value in the field catalog
- D. By defining the characteristic value as a value field
Answer: A
NEW QUESTION # 31
You want to understand why cost are collected on sales order item level. What do you need to in the configuration? Note: There are 3 correct answers to this question.
- A. Requirements class
- B. Valuation variant
- C. Costing type
- D. Requirement type
- E. Account assignment category
Answer: A,D,E
NEW QUESTION # 32
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 material in the sales order item is a service.
- B. Profitability Analysis (CO-PA) is activated.
- C. The sales order item is assigned to a project.
- D. The sales order item is a cost object.
Answer: B,C
NEW QUESTION # 33
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