SAP C-TS4CO-2021 Real Exam Questions and Answers FREE [Q17-Q39]

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SAP C-TS4CO-2021 Real Exam Questions and Answers FREE

Exam Dumps C-TS4CO-2021 Practice Free Latest SAP Practice Tests

SAP C-TS4CO-2021 Exam Syllabus Topics:

Topic Details
Topic 1
  • Distinguish between order category and order type
  • Define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis) and costing versions for alternative costings
Topic 2
  • Determine and configure cost object controlling – planning and actuals, and customize and complete cost object controlling
  • Internal Order Accounting
Topic 3
  • Determine plan data, commitments and actual requirements for internal orders
  • Define WIP, results analysis, variances and revenue recognition (in cooperation with FI and SD)
Topic 4
  • Determine cost elements structure, cost component structure, planning requirements, costing variants
  • Determine Profit Centers (in FI in the new GL)
Topic 5
  • Define value fields, characteristics and summary characteristics
  • Create organizational charts for profit centers

SAP C-TS4CO-2021 Exam Description:

PLEASE NOTE: This certification has been published for early adopters. Some recommended ‘ways to attain’ are not yet available. – – – – – – – – – – – – – – – -The ‘SAP Certified Application Associate – SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021)’ certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Management Accounting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within Management Accounting projects.

This certificate is the ideal starting point for a professional career as a Management Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Management Accounting are added over years, a professional career can be validated by taking a second exam which focuses on the migration from SAP ERP to SAP S/4HANA: “SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Financials experts”.
The certificate issued for passing this exam will be valid for 5 years.

 

NEW QUESTION 17
How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?

 
 
 
 

NEW QUESTION 18
Which statements are relevant to the cost of sales accounting method in profitability management? Note:
There are 2 correct answers to this question.

 
 
 
 

NEW QUESTION 19
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.

 
 
 
 
 

NEW QUESTION 20
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.

 
 
 
 
 

NEW QUESTION 21
You want to run an assessment cycle in Profitability Analysis to allocate cost center costs during period-end closing for your organization. Which of the following objects is part of the assessment cycle?

 
 
 
 

NEW QUESTION 22
You want to create cost centers for your company. What is the prerequisite to build an organizational structure for overhead cost controlling?

 
 
 
 

NEW QUESTION 23
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.

 
 
 
 
 

NEW QUESTION 24
What parameters can you set up when defining order types?

 
 
 
 

NEW QUESTION 25
How do you define the relationship between an operating concern and a controlling area?

 
 
 
 

NEW QUESTION 26
To which object do you assign a costing sheet?

 
 
 
 

NEW QUESTION 27
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?

 
 
 
 

NEW QUESTION 28
What does SAP/S4HANA select line-item-based data for costing based Profitability Analysis reports?

 
 
 
 

NEW QUESTION 29
What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question.

 
 
 
 

NEW QUESTION 30
How does the system derive the requirement type from the material master data? Note: There are 2 correct answers to this question.

 
 
 
 

NEW QUESTION 31
For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.

 
 
 
 
 

NEW QUESTION 32
What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are
2 correct answers to this question.

 
 
 
 

NEW QUESTION 33
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?

 
 
 
 

NEW QUESTION 34
Which of the following values can be calculated using result analysis? Note: There are 3 correct answers to this question.

 
 
 
 
 

NEW QUESTION 35
You use a production order with Product Cost by Period and you entered a results analysis key and variance key. How does the system calculate variances in Product Cost by Period?

 
 
 
 

NEW QUESTION 36
What can you configure in the settlement profile? Note: There are 2 correct answers to this question.

 
 
 
 

NEW QUESTION 37
What are the some of the characteristics of Profit Center Accounting in SAP S4/HANA? Note: There are 2 correct answers to this question.

 
 
 
 

NEW QUESTION 38
Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question.

 
 
 
 

NEW QUESTION 39
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?

 
 
 
 

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