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C_TS4CO_2023 SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting

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The complete product contains 80 questions.

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Single choice2

Multiple choice10

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SAP · C_TS4CO_2023

C_TS4CO_2023 questions and answers

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Question 1

Multiple choice

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

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Correct answersB, C

Question 2

Single choice

You have implemented Product Cost by Sales Order 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; Reserve = 200
B
Revenue = 1200; Cost of sales = 1000; Reserve = 200
C
Revenue = 1200; Cost of sales = 800; WIP = 200
D
Revenue = 1200; Cost of sales = 1000; WIP = 200

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Correct answerC

Question 3

Multiple choice

What are some SAP recommended guiding principles to achieve clean core operations?

Note: There are 3 correct answers to this question.

A
Establish regular housekeeping tasks and procedures
B
Establish release management
C
Integrate clean core practices in the end-to-end value process chain
D
Establish an organizational structure, technical foundation, and transformation methodology for clean core
E
Define roles and responsibilities as part of a process transformation office

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Correct answersB, C, E

Question 4

Multiple choice

Which of the following statements best describe Product Cost by Period?

Note: There are 2 correct answers to this question.

A
It is used to analyze costs by individual production lots.
B
It is used in conjunction with a product cost collector.
C
It is used when the focus of controlling is on a stable and continuous production process.
D
It is used to analyze work in process (WIP) based on actual costs.

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Correct answersB, C

Question 5

Multiple choice

How can you configure the transfer price solution in SAP S/4HANA?

Note: There are 2 correct answers to this question.

A
Use separate segments for each valuation.
B
Use separate material ledgers for each valuation.
C
Use separate ledgers for each valuation.
D
Use separate currency types within the same ledger for each valuation.

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Correct answersC, D

Question 6

Multiple choice

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 in object currency
B
The availability of funds on a period level
C
The availability of funds using overall plan value
D
The availability of funds according to tolerance limits

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Correct answersC, D

Question 7

Single choice

Your enterprise has five company codes assigned to three separate operating charts of accounts.

What is the optimal way of configuring the relationship between operating concerns and controlling area?

A
Three operating concerns; three controlling areas
B
One operating concern; three controlling areas
C
One operating concern; five controlling areas
D
One operating concern; one controlling area

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Correct answerB

Question 8

Multiple choice

You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirements must be fulfilled?

Note: There are 2 correct answers to this question.

A
Account-based Profitability Analysis must be active.
B
The type of the addressed ledger must be an extension ledger.
C
Costing-based Profitability Analysis must be active.
D
The type of the general ledger account must be primary cost/revenue or secondary cost.

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Correct answersA, D

Question 9

Multiple choice

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 parallel valuation
C
To store different plan data
D
To store data of alternative plan costing runs

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Correct answersB, C

Question 10

Multiple choice

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 set the initial status as Created or Released
D
To permit or forbid specific transactions
E
To activate the CO partner update

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Correct answersB, C, D

Question 11

Multiple choice

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 duplicate data for reporting efficiencies.
B
CDS views are considered system modifications.
C
CDS views support authorizations.
D
CDS views have ready-to-use content.
E
CDS views have no latency.

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Correct answersC, D, E

Question 12

Multiple choice

What are characteristics of SAP S/4HANA embedded analytics?

Note: There are 2 correct answers to this question.

A
It is hosted on the SAP Cloud Platform and integrates seamlessly with SAP S/4HANA on the Fiori Launchpad.
B
It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.
C
It is part of the core SAP S/4HANA license and uses the same technical stack and user interface.
D
It uses data summarized in SAP BW/4HANA.

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Correct answersB, C