[Apr 07, 2023] Prepare For The C-TS4CO-2021 Question Papers In Advance [Q30-Q53]

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[Apr 07, 2023] Prepare For The C-TS4CO-2021 Question Papers In Advance

C-TS4CO-2021 PDF Dumps Real 2023 Recently Updated Questions

The SAP C-TS4CO-2021 exam is designed for professionals who want to validate their knowledge and skills in SAP S/4HANA management accounting. This certification is intended for individuals who have a strong understanding of the SAP S/4HANA for Management Accounting modules and are capable of configuring these modules. The exam validates the ability of candidates to execute and manage various management accounting processes in SAP S/4HANA.

NEW QUESTION 30
You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?

Assessment

Distribution

Periodic reposting

Direct activity allocation

NEW QUESTION 31
Which receiver must be allowed in the settlement profile of product cost collector?

Cost center

Material

Order

G/L Account

NEW QUESTION 32
You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?

Periodic reporting

Accrual calculation

Budget availability control

Indirect activity allocation

NEW QUESTION 33
How can you populate local variables in Profitability Analysis reports?

By populating from user parameters

By user exit

By Business Add-In

By user entry during report execution

NEW QUESTION 34
Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question.

It is used when periodic costs outweigh daily postings.

It is used to analyze work in process (WIP) based on actual costs.

It is used when the focus of controlling is on a stable and continuous production process.

It is used in conjunction with a product cost collector.

NEW QUESTION 35
You are considering using commitment management with internal orders. What do you need to do in the configuration?

Activate commitment management in both the controlling area and the order type.

Activate commitment management in the controlling area, the order type, and in individual internal order master data.

Activate commitment management in both the version and the order type.

Activate commitment management only in the controlling area.

NEW QUESTION 36
You create a new profit center. Which company code(s) is it assigned to by default?

All company codes where profit center accounting is activated.

All company codes maintained in your authorization profile.

All company codes within the controlling area.

All company codes to which the profit center standard hierarchy is assigned to.

NEW QUESTION 37
What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question.

Cost centers

Statistical key figures

Activity type

Cost element

NEW QUESTION 38
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?

Cycle iteration

Tracing factor

Sender cost objects

Template

NEW QUESTION 39
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.

Costing-based Profitability Analysis must be active.

Account-based Profitability Analysis must be active.

The type of the addressed ledger must be an extension ledger.

The type of the general ledger account must be primary cost/revenue or secondary cost.

NEW QUESTION 40
What are some of the characteristics of SAP Core Data Services (CDS) views? Note: There are 3 correct answers to this question.

CDS views are considered system modifications.

CDS views have ready-to-use content.

CDS views duplicate data for reporting efficiencies.

CDS views have no latency.

CDS views support authorization.

NEW QUESTION 41
Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.

It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.

It is the core SAP S4/HANA license and users the same technical stack and user interface.

It uses core data services (CDS ) views to create virtual data models (VDMs ) for reporting.

It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analysis Tools for reporting.

NEW QUESTION 42
Which of the following objects can be selected in templates for activity-based costing? Note: There are 2 correct answers to this question.

Cost center/activity type

Internal order

WBS element

Business process

NEW QUESTION 43
You post a billing document for a sales order with sales order controlling. What data flows to Profit Center Accounting? Note: There are 2 correct answers to this question.

Sales deductions

Order quantity

Payment Discount

Revenues

NEW QUESTION 44
How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question.

Use separate segments for each valuation.

Use separate currency types within the same ledger for each valuation.

Use separate ledgers for each valuation.

Use separate CO versions for each valuation.

NEW QUESTION 45
How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.

Secondary costs are captured as secondary cost element, and not as general ledger accounts.

Primary and secondary costs are captured in general ledger accounts.

All primary and secondary costs are captured by creating them as cost elements.

Only primary costs are captured in general ledger accounts.

NEW QUESTION 46
How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?

By defining the characteristic value as a value field

By defining the characteristic value in the field catalog

By defining the characteristic value in the check table

By defining the characteristic value as a key figure

NEW QUESTION 47
What are the some of the characteristics of Profit Center Accounting in SAP S4/HANA? Note: There are 2 correct answers to this question.

It can be used in the settlement rule for internal order.

It is integrated in the universal journal.

It can be used with period and/or cost of sale accounting.

It is possible to derive the profit center from the segment in configuration.

NEW QUESTION 48
You are configuring internal order settlement. What do you define which cost element should be settled, using either the original settlement cost elements?

Credit component (of the costing sheet)

Allocation structure

Settlement profile

Settlement rule

NEW QUESTION 49
What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.

You can plan multiple versions.

You can enter costs and revenues.

You can define tolerance limits for plan overspend.

Availability control can check against plan values.

NEW QUESTION 50
You are setting up costing-based Profitability Analysis for your organization. How do you configure the deferent market segments?

As divisions

As value fields

As key Figures

As characteristics

NEW QUESTION 51
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.

The purchase order has NOT generated a budget yet.

The purchase order was entered in a different year than the budget.

The cost element is exempted from budget availability control.

The difference of 1000 is within the tolerance limits defined in the configuration.

NEW QUESTION 52
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.

The availability of funds using overall plan value

The availability of funds according to tolerance limits

The availability of funds in object currency

The availability of funds on period level

NEW QUESTION 53
Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.

Inventory cost estimate of all the materials in one plant

Standard cost estimate of all the materials in all plants of a controlling area

Current cost estimate of all the materials in all controlling area

Product cost collector cost estimate in one plant

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To prepare for the SAP C-TS4CO-2021 exam, candidates should have a solid understanding of the SAP S/4HANA platform and its capabilities. They should also be familiar with management accounting principles and practices. SAP offers a range of training and certification programs to help candidates prepare for the exam, including classroom training, online courses, and study materials. By passing the SAP C-TS4CO-2021 exam, candidates can demonstrate their expertise in SAP S/4HANA for Management Accounting Associates and enhance their career prospects in this field.

C-TS4CO-2021 Dumps and Practice Test (82 Exam Questions): https://www.actualtests4sure.com/C-TS4CO-2021-test-questions.html