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SAP C_TS4CO_2021 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Internal Order Accounting 8% - 12% | Distinguish between order category and order type. Determine plan data, commitments and actual requirements for internal orders and determine period-end closing activities. Define, create and configure internal orders and create a concept for internal order accounting, and customize internal order accounting, determine settlement rules and configure period-end closing for IOA. |
| Cost Object Controlling > 12% | Determine and configure cost object controlling - planning and actuals, and customize and complete cost object controlling in a make to stock scenario and in a make to order scenario. Define WIP, results analysis, variances and revenue recognition (in cooperation with FI and SD) and configure period end closing for cost objects. |
| Organizational Assignments and Process Integration 8% - 12% | Define scopes and processes in Management Accounting, cross-company code design, sub-contracting, production execution, sales pricing, inbound freight, stock transfers, inventory valuation and transfer pricing, work in process rules and high-level requirements for organization units. Configure budgeting and availability control settings and period end closing, define statistical key figures and assign the controlling area to company codes and operating concern. Check number ranges and first integration flows with other modules (CO), and configure versions. |
| Product Cost Planning > 12% | Determine and configure product cost planning, define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis) and costing versions for alternative costings, determine cost elements structure, cost component structure, planning requirements, costing variants and multi-level costings, and carry out a Price update in the material master record. |
| Cost Center Accounting > 12% | Define, create and configure cost centers, cost center hierarchies and cost center groups. Determine usage of Cost Center Accounting and type of planning functionality, cost center accounting activity types, cost center characteristics and attributes, planning requirements, plan allocations requirements and actual allocations for cost centers. Configure period end closing for CCA. |
NEW QUESTION 29
Which receiver must be allowed in the settlement profile of product cost collector?
- A. G/L Account
- B. Cost center
- C. Material
- D. Order
Answer: C
NEW QUESTION 30
Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.
- A. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analysis Tools for reporting.
- B. It is the core SAP S4/HANA license and users the same technical stack and user interface.
- C. It uses core data services (CDS ) views to create virtual data models (VDMs ) for reporting.
- D. It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.
Answer: B,C
NEW QUESTION 31
You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?
- A. Assessment
- B. Distribution
- C. Periodic reposting
- D. Direct activity allocation
Answer: A
NEW QUESTION 32
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. Tracing factor
- D. Template
Answer: C
NEW QUESTION 33
For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.
- A. Cost elements
- B. Functional areas
- C. Internal orders
- D. Profit centers
- E. Cost centers
Answer: C,D,E
NEW QUESTION 34
You are considering using commitment management with internal orders. What do you need to do in the configuration?
- A. Activate commitment management in both the version and the order type.
- B. Activate commitment management only in the controlling area.
- C. Activate commitment management in both the controlling area and the order type.
- D. Activate commitment management in the controlling area, the order type, and in individual internal order master data.
Answer: C
NEW QUESTION 35
What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are
2 correct answers to this question.
- A. Production variances split by variance categories
- B. Value of conditions of pricing procedure
- C. Cost of goods sold split by cost components
- D. Value of "Gross Margin 2"
Answer: B,C
NEW QUESTION 36
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 aims to summarize activity and situational change for a given organizational unit over a period of time.
- B. It presents the costs and revenues information in a format that is ideal for conducting margin analyses.
- C. It aims to match revenues for goods and services against sales-related expenses.
- D. It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities.
Answer: B,C
NEW QUESTION 37
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 38
How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. Use separate ledgers for each valuation.
- B. Use separate segments for each valuation.
- C. Use separate currency types within the same ledger for each valuation.
- D. Use separate CO versions for each valuation.
Answer: A,D
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?
- A. Revenue = 1200; Cost of sales = 800; WIP = 200
- B. Revenue = 1200; Cost of sales = 1000; Reserve = 200
- C. Revenue = 1200; Cost of sales = 800; Reserve = 200
- D. Revenue = 1200; Cost of sales = 1000; WIP = 200
Answer: A
NEW QUESTION 40
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?
- A. An extension ledger of type "Prediction and Commitment"
- B. An extension ledger of type "Simulation"
- C. A new standard G/L ledger with exclusive usage of "Prediction"
- D. A multi-valuation ledger
Answer: A
NEW QUESTION 41
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?
- A. Variances = Target costs - Delivery value - WIP
- B. Variances = Target costs - Delivery value
- C. Variances = Actual costs - Delivery value - WIP
- D. Variances = Actual costs - Delivery value
Answer: C
NEW QUESTION 42
What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question.
- A. Cost element
- B. Activity type
- C. Cost centers
- D. Statistical key figures
Answer: B,C
NEW QUESTION 43
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. You can plan multiple versions.
- C. You can define tolerance limits for plan overspend.
- D. Availability control can check against plan values.
Answer: A,B
NEW QUESTION 44
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. Profitability Analysis (CO-PA) is activated.
- B. The material in the sales order item is a service.
- C. The sales order item is a cost object.
- D. The sales order item is assigned to a project.
Answer: A,D
NEW QUESTION 45
What parameters can you set up when defining order types?
- A. Define source structure.
- B. Allow revenue postings.
- C. Define default parameters for master record fields.
- D. Define document type.
Answer: B,C
NEW QUESTION 46
You want to create cost centers for your company. What is the prerequisite to build an organizational structure for overhead cost controlling?
- A. Standard hierarchy top node
- B. Profit center
- C. Cost center categories
- D. Person responsible
Answer: A
NEW QUESTION 47
You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? Note: There are 3 correct answers to this question.
- A. To define the user status
- B. To define users for the order
- C. To permit or forbid specific transactions
- D. To activate the CO partner update
- E. To set the initial status as Created or Released
Answer: A,C,E
NEW QUESTION 48
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 in object currency
- C. The availability of funds on period level
- D. The availability of funds using overall plan value
Answer: A,B
NEW QUESTION 49
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?
- A. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
- B. Parallel accounting is needed in order to be compliant with different accounting principles.
- C. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
- D. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
Answer: C
NEW QUESTION 50
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