SAP C_TS4CO_2021 Exam Practice Test Instant Access

Question 1

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

ACDS views are considered system modifications.

BCDS views have ready-to-use content.

CCDS views duplicate data for reporting efficiencies.

DCDS views have no latency.

ECDS views support authorization.

Answer : B, D, E

Question 2

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?

APeriodic reporting

BAccrual calculation

CBudget availability control

DIndirect activity allocation

Answer : B

Question 3

You have implemented Product Cost by Sales Oder in conjunction with cost-based POC 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 cost=1000

What data does the system calculate during results analysis?

A'Revenue = 1500; Cost of sales = 1000; Revenue surplus =300'

B'Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200'

C'Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300'

D'Revenue = 1200; Cost of sales = 1000; Revenue surplus =200'

Answer : C

Question 4

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

ASave with date key

BPrice updates

CCosting sheet

DPrice for materials

Answer : A, B

Question 5

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

ACost center

BMaterial

COrder

DG/L Account

Answer : B

Question 6

In which module do you process profit center allocations in SAP S/4HANA?

AProduct cost accounting

BGeneral ledger accounting

CAccount-based profitability analysis

DCost center accounting

Answer : B

Question 7

Which of the following values can be calculated using result analysis? Note: There are 3 correct answers to this question.

ACost of sales

BReserves for unrealized costs

CCost of goods manufactured

DGross margin

EWork in progress

Answer : A, B, E

SAP C_TS4CO_2021 SAP Certified Associate - SAP S/4HANA 2021 for Management Accounting Exam Practice Test