TAKE SAP Certified Associate C-TS4CO-2023 PRACTICE QUESTIONS FOR AMAZING RESULTS
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SAP C-TS4CO-2023 Exam Syllabus Topics:
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NEW QUESTION # 20
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 # 21
How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.
- A. All primary and secondary costs are captured by creating them as cost elements.
- B. Secondary costs are captured as secondary cost element, and not as general ledger accounts.
- C. Primary and secondary costs are captured in general ledger accounts.
- D. Only primary costs are captured in general ledger accounts.
Answer: A,C
NEW QUESTION # 22
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 # 23
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 # 24
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. It takes precedence over validation and substitution.
- B. It can be overwritten in the application.
- C. It can be defined for postings on general ledger accounts of secondary costs type.
- D. It can be defined for postings on general ledger accounts of primary costs type.
Answer: A,D
NEW QUESTION # 25
Which field can you select for both reporting in costing based and account-based Profitability Analysis?
- A. Value in Controlling Area Currency
- B. Record type
- C. Cost element
- D. Version
Answer: D
NEW QUESTION # 26
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.
- A. To store different budget data
- B. To store data of alternative plan costing runs
- C. To store data of parallel valuation
- D. To store different plan data
Answer: C,D
NEW QUESTION # 27
What are some of the objectives of Profitability Analysis? Note: There are 2 correct answers to this question.
- A. Provide the company with information on the performance of its market segments.
- B. Allow the company to determine standard costs and revenues according to the period accounting method.
- C. Provide the company with a detailed view of its financial statements by areas of responsibilities.
- D. Allow the company to determine if the sales force achieved their contribution margin goals.
Answer: A,D
NEW QUESTION # 28
Which receiver must be allowed in the settlement profile of product cost collector?
- A. Order
- B. Material
- C. Cost center
- D. G/L Account
Answer: B
NEW QUESTION # 29
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 # 30
What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.
- A. You can define tolerance limits for plan overspend.
- B. Availability control can check against plan values.
- C. You can enter costs and revenues.
- D. You can plan multiple versions.
Answer: C,D
NEW QUESTION # 31
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 # 32
You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?
- A. Distribution
- B. Periodic reposting
- C. Direct activity allocation
- D. Assessment
Answer: D
NEW QUESTION # 33
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?
- A. Sender cost objects
- B. Cycle iteration
- C. Template
- D. Tracing factor
Answer: D
NEW QUESTION # 34
You have activated budget availability control against the overall value for an internal order and entered an overall budget of 10000.
Actuals of 10000 were posted in the previous year.
You are surprised to realize that a purchase order 1000 was created for this internal order in the current year.
How is that possible?
Note: There are 2 correct answers to this question.
- A. The purchase order has NOT generated a budget yet.
- B. The cost element is exempted from budget availability control.
- C. The difference of 1000 is within the tolerance limits defined in the configuration.
- D. The purchase order was entered in a different year than the budget.
Answer: B,C
NEW QUESTION # 35
Which processes split costs into their primary cost components? Note: There are 2 correct answers to this question.
- A. Cost center/activity type price calculation
- B. Settlement of internal orders
- C. Execution of the assessment cycles
- D. Business process price calculation
Answer: A,D
NEW QUESTION # 36
What can you manage via the account assignment category? Note: There are 2 correct answers to this question.
- A. Costing variant
- B. Product cost by sales order
- C. Valuation of separate sales order stock
- D. Separate sales order stock
Answer: C,D
NEW QUESTION # 37
To which object do you assign a costing sheet?
- A. Transfer control
- B. Cost component structure
- C. Costing variant
- D. Valuation variant
Answer: D
NEW QUESTION # 38
At what level do you create the structure of the operating concern?
- A. Company code level
- B. Client level
- C. Sales organization level
- D. Controlling area level
Answer: B
NEW QUESTION # 39
Which of the following steps are part of the procedure to update the standard price of the material? Note: There are 2 correct answers to this question.
- A. Mark the cost estimate.
- B. Release the cost estimate.
- C. Split the costs.
- D. Archive the cost estimates.
Answer: A,B
NEW QUESTION # 40
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. Reserves for unrealized costs
- C. Cost of sales
- D. Work in progress
- E. Gross margin
Answer: B,C,D
NEW QUESTION # 41
What parameters can you set up when defining order types?
- A. Define default parameters for master record fields.
- B. Define source structure.
- C. Define document type.
- D. Allow revenue postings.
Answer: A,D
NEW QUESTION # 42
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 # 43
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