[Q39-Q62] C_TS4CO_2021 Exam Brain Dumps - Study Notes and Theory [Nov-2024]

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C_TS4CO_2021 Exam Brain Dumps – Study Notes and Theory [Nov-2024]

100% Guaranteed Results C_TS4CO_2021 Unlimited 82 Questions

SAP C-TS4CO-2021 exam is an important certification for individuals who want to enhance their knowledge and skills in SAP S/4HANA for management accounting. SAP Certified Application Associate – SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification can help individuals to stand out in the job market, increase their earning potential, and enhance their career prospects. Additionally, the certification can help organizations to identify individuals who have the necessary skills and knowledge to help them manage their financial processes more effectively.

SAP C_TS4CO_2021 certification exam is designed for individuals who want to become certified in the field of management accounting associates using the SAP S/4HANA 2021 platform. SAP Certified Application Associate – SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification exam is intended for consultants and professionals who want to validate their skills and knowledge in the area of management accounting and SAP S/4HANA. SAP S/4HANA is the latest ERP suite from SAP, and it provides a comprehensive set of tools for businesses to manage their financial and accounting processes.

NEW QUESTION 39
You want to setup integrated planning for your internal order. What do you need to do? Note: There are 2 correct answers to this question.

Set the relevant indicators in the CO version.

Set the relevant indicator in the controlling area.

Set the relevant indicator in the planning profile of the order type.

Set the relevant indicator in the internal order master record.

NEW QUESTION 40
You want enable WIP calculation in Product Cost by Period. What do you need to configure?

Settlement profile

Valuation variant

Profitability Analysis (PA) transfer structure

Variance variant

NEW QUESTION 41
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 42
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.

Sales order item

WBS element

General ledger account

Network

Asset

NEW QUESTION 43
You want to use template to consider overhead during product costing. How do you assign the template to your material?

Using an overhead group and an overhead key

Using a profit center and an overhead key

Using an origin group and an overhead group

Using a special procurement type and an overhead group

NEW QUESTION 44
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

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
You want to create a new standard cost estimate based on the quantity structure of the existing standard cost estimate. Which object do you use?

Costing type

Reference variant

Transfer control

Costing version

NEW QUESTION 47
In the Product Cost by Order process, what does the system calculate depending on the order status?

Both WIP and variances

WIP at actual costs or variances

WIP at target costs or variances

WIP at percentage of completion (PoC) method or variances

NEW QUESTION 48
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 49
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?

Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.

Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.

Parallel accounting is needed in order to be compliant with different accounting principles.

Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.

NEW QUESTION 50
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.

Requirement type

Requirements class

Valuation variant

Costing type

Account assignment category

NEW QUESTION 51
How do you maintain number range intervals in Controlling?

By account type

By cost element category

By business transactions

By document type

NEW QUESTION 52
You are running an indirect activity allocation. What do you post to the sender and receiver?

You post only cost to both the sender and receiver.

You post quantity and cost to both the sender and receiver.

You post both quantity and cost to the sender, and cost only to the receiver.

You post both quantity and cost to the receiver, and cost only to the sender.

NEW QUESTION 53
What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are
2 correct answers to this question.

Cost of goods sold split by cost components

Value of “Gross Margin 2”

Production variances split by variance categories

Value of conditions of pricing procedure

NEW QUESTION 54
Which setting in the cost center master data do you use to assign the same attributes to similar cost center?

Cost center category

Cost center type

Object class

Standard hierarchy node

NEW QUESTION 55
How does the system derive the requirement type from the material master data? Note: There are 2 correct answers to this question.

MRP group -> requirements class -> planning strategy -> requirements type

MRP group -> Strategy group -> planning strategy -> requirements type

Strategy group -> planning strategy -> requirements class -> requirements type

Strategy group -> planning strategy -> requirements type

NEW QUESTION 56
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 57
Which parameters are controlled by the costing type in a costing variant? Note: There are 2 correct answers to this question.

Save with date key

Price updates

Costing sheet

Price for materials

NEW QUESTION 58
You want to determine which operations of the routing should be considered in a product cost calculation.
How do you do this? Note: There are 2 correct answers to this question.

By marking the cost indicator in the control key assigned to the operation

By marking the Relevance to Costing indicator in the operation

By assigning a cost center to the work center in the operation

By defining a usage key in the header of the routing.

NEW QUESTION 59
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 60
Which statements best describes a single cost center standard hierarchy?

It is a structure to which all cost center groups create for a controlling area are assigned.

It is a structure to which all cost center groups created within an operating concern are assigned.

It is a structure to which all the cost centers within an operating concern are assigned.

It is a structure to which all the cost centers within a controlling area are assigned.

NEW QUESTION 61
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 62
Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question.

It is used when you perform repetitive manufacturing.

It is recommended for products with a long production time.

It is used when full cost traceability is needed.

It is used when controlling by individual production lots or discrete quantities is needed.

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