SAP C_TS4CO_2023 Exam Questions Instant Access

Question 1

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 2

To which objects 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.

AGeneral ledger account

BNetwork

CSales order item

DWBS element

EAsset

Answer : B, C, D

Internal orders in SAP can be settled to various cost objects, including networks (option B), sales order items (option C), and WBS elements (option D). These are key objects for cost management, allowing for detailed tracking and settlement in project and order management scenarios.

Question 3

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.

AAccount-based Profitability Analysis must be active.

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

CCosting-based Profitability Analysis must be active.

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

Answer : A, D

For deriving profitability segments in the Universal Journal, account-based Profitability Analysis must be activated (option A), and the G/L account should be either primary cost/revenue or secondary cost type (option D). This configuration enables detailed profitability tracking in SAP S/4HANA.

Question 4

How does SAP S/4HANA capture costs?

Note: There are 2 correct answers to this question.

AOnly primary costs are captured in general ledger accounts.

BSecondary costs are captured in extension ledger CO that references the leading ledger.

CPrimary and secondary costs are captured on cost elements.

DPrimary and secondary costs are captured in general ledger accounts.

Answer : C, D

SAP S/4HANA consolidates both primary and secondary costs within the universal journal in the general ledger, ensuring a streamlined and comprehensive approach to financial reporting. This unified approach enables transparent cost tracking and efficient integration between Financial Accounting (FI) and Management Accounting (CO).

Question 5

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 6

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

AAccount-based profitability analysis

BGeneral ledger accounting

CProduct cost accounting

DCost center accounting

Answer : A

Profit center allocations are managed within account-based profitability analysis in SAP S/4HANA, ensuring alignment of profitability and cost management with financial accounting.

Question 7

What master data objects can you set up using time-based fields?

Note: There are 2 correct answers to this question.

AActivity types

BCost centers

CCost elements

DStatistical key figures

Answer : A, B

Time-based fields in SAP S/4HANA are essential for configuring cost centers and activity types, allowing changes in validity periods and assignments. This enables better tracking and management of resource planning over time.

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