SAP C_TS4CO_2023 Exam Questions Instant Access

Question 1

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

AVariance variant

BSettlement profile

CProfitability Analysis (PA) transfer structure

DValuation variant

Answer : D

The valuation variant (option D) is required to configure the work in process (WIP) calculation in Product Cost by Period. The valuation variant determines the costing strategy and defines which costs are included in the WIP calculation, essential for accurate inventory valuation and profitability analysis in SAP S/4HANA Management Accounting.

Question 2

You want to maintain a cost component structure.

What can you determine for each cost component?

Note: There are 3 correct answers to this question.

AAssignment of cost component to calculation base for overheads in costing sheet

BRelevance of cost component to goods manufactured

CRelevance of cost component to inventory valuation

DAssignment of cost component to cost component group

ERelevance of cost component to results analysis

Answer : A, B, C

Cost components in SAP S/4HANA can be assigned to overhead calculation bases, goods manufactured, and inventory valuation, allowing for accurate cost breakdowns relevant to production and valuation.

Question 3

Which type(s) of Profitability Analysis update(s) the cost of goods sold at the time of delivery only?

AMargin analysis

BCombined profitability analysis

CCosting-based

DBoth margin analysis and costing-based

Answer : A

Margin analysis in SAP S/4HANA updates the cost of goods sold (COGS) at delivery, aligning profitability reporting more closely with revenue recognition. This enables timely and accurate COGS updates tied to actual deliveries.

Question 4

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 5

What are some SAP recommended guiding principles to achieve clean core operations?

Note: There are 3 correct answers to this question.

AEstablish regular housekeeping tasks and procedures

BEstablish release management

CIntegrate clean core practices in the end-to-end value process chain

DEstablish an organizational structure, technical foundation, and transformation methodology for clean core

EDefine roles and responsibilities as part of a process transformation office

Answer : B, C, E

SAP's clean core guiding principles involve reducing custom code modifications and using release management to maintain a manageable and upgradeable SAP environment. Integrating clean core practices throughout the process chain and defining roles for transformation are key to sustaining streamlined operations within SAP S/4HANA.

Question 6

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 7

You have implemented Product Cost by Sales Order 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 costs = 1000.

What data does the system calculate during results analysis?

ARevenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200

BRevenue = 1200; Cost of sales = 1000; Revenue surplus = 200

CRevenue = 1500; Cost of sales = 1000; Revenue surplus = 300

DRevenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300

Answer : D

In Product Cost by Sales Order, the results analysis calculates values based on actual performance and the cost-based percentage of completion. Given the parameters, the system would calculate capitalized revenue at 300 for unbilled sales (option D), in alignment with SAP's Management Accounting and Revenue Recognition principles.

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