[Jan 04, 2025] C_TS4CO_2021 Practice Exam Dumps - 99% Marks In SAP Exam [Q13-Q33]

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[Jan 04, 2025] C_TS4CO_2021 Practice Exam Dumps - 99% Marks In SAP Exam

Updated Verified C_TS4CO_2021 Q&As - Pass Guarantee or Full Refund


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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