SAP C_TS4CO_2023 Exam Questions Instant Access

Question 1

How would you explain automatic account assignment in SAP S/4HANA?

Note: There are 2 correct answers to this question.

AIt can be defined for postings on general ledger accounts of primary costs type.

BIt can be defined for postings on general ledger accounts of secondary costs type.

CProposed values can be overwritten in the application.

DProposed values take precedence over validation and substitution.

Answer : A, C

Automatic account assignment in SAP S/4HANA allows defining default account assignments for primary cost postings, and these proposed values can be adjusted as needed, allowing flexible management of financial postings.

Question 2

Which of the following values can be calculated using results analysis?

Note: There are 3 correct answers to this question.

AGross margin

BReserves for unrealized costs

CWork in progress

DCost of goods manufactured

ECost of sales

Answer : B, C, E

SAP S/4HANA's results analysis functionality calculates values like reserves for unrealized costs, work in progress, and cost of sales, providing a comprehensive view of ongoing projects and inventory status. This helps businesses manage financial outcomes and profitability better.

Question 3

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

AUsing a costing key and an overhead key

BUsing an overhead group and an overhead key

CUsing an origin group and an overhead group

DUsing a cost component group and an overhead group

Answer : B

An overhead group and an overhead key (option B) are assigned to include overhead costs in product costing. This assignment enables the application of pre-defined overhead rates in SAP S/4HANA, facilitating accurate product cost calculations.

Question 4

Which statement best describes cost center standard hierarchy?

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

BIt is a structure to which all cost centers of a client have to be assigned.

CIt is a structure where all cost centers with the same currency are defined.

DIt is a structure where all cost centers within the same operating concern are defined.

Answer : A

The cost center standard hierarchy in SAP S/4HANA is a mandatory structure for each controlling area, encompassing all cost centers, providing a basis for consistent reporting and data aggregation.

Question 5

What are some of the unique attributes of an assessment cycle in Controlling?

Note: There are 3 correct answers to this question.

AThey use the original cost element during transfer.

BThey use a secondary cost element during transfer.

CThey can be processed in an iterative way.

DThey transfer primary and secondary costs.

EThey can be defined with an allocation structure.

Answer : B, D, E

Assessment cycles in SAP S/4HANA Controlling use secondary cost elements for cost transfers, support primary and secondary cost transfers, and can be structured using allocation structures. This allows flexible and accurate distribution of costs across controlling objects.

Question 6

You create a new cost estimate. Which of the following steps are required to update the standard price of the material?

Note: There are 3 correct answers to this question.

AActivate the cost estimate.

BRelease the cost estimate.

CRun the cost estimate.

DMark the cost estimate.

ESimulate the cost estimate.

Answer : B, C, D

Running the cost estimate (option C), marking it (option D), and releasing it (option B) are necessary steps to update a material's standard price. This ensures that accurate, current cost data is used in inventory valuation and financial reporting in SAP S/4HANA.

Question 7

You are setting up a direct internal activity allocation in SAP S/4HANA.

What are valid receivers for the activity?

Note: There are 3 correct answers to this question.

ASales order item

BInternal order

CProfit center

DGeneral ledger account

EWBS element

Answer : A, B, E

Direct internal activity allocation in SAP S/4HANA allows activities to be assigned to specific cost objects such as sales order items, internal orders, and WBS elements, enabling accurate tracking of resources and costs associated with these activities.

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