SAP C_TS4CO_2021 Exam Practice Test Instant Access

Question 1

Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? Note: There are 2 correct answers to this question.

AIt can be overwritten in the application.

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

CIt takes precedence over validation and substitution.

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

Answer : C, D

Question 2

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

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

BIt is integrated in the universal journal.

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

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

Answer : B, C

Question 3

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

ACost center/activity type

BInternal order

CWBS element

DBusiness process

Answer : B, C

Question 4

You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA?

AReporting can be either broad and deep for analysis, or speedy and simple, but not both.

BReporting on data in real time is difficult, and complex to design.

CReporting on data is available in real-time at every level of detail.

DReporting analytical data is always done in a business warehouse system.

Answer : C

Question 5

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.

ACosting-based Profitability Analysis must be active.

BAccount-based Profitability Analysis must be active.

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

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

Answer : B, D

Question 6

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

AIt is used when you perform repetitive manufacturing.

BIt is recommended for products with a long production time.

CIt is used when full cost traceability is needed.

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

Answer : C, D

Question 7

You have implemented Product Cost by Sales Oder 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?

ARevenue = 1200; Cost of sales = 800; Reserve = 200

BRevenue = 1200; Cost of sales = 1000; Reserve = 200

CRevenue = 1200; Cost of sales = 1000; WIP = 200

DRevenue = 1200; Cost of sales = 800; WIP = 200

Answer : D

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