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

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.

Question 3

You want to set up integrated planning for your internal orders.

Note: There are 2 correct answers to this question.

ASet the relevant indicator in the controlling area.

BSet the relevant indicator in the CO version.

CSet the relevant indicator in the planning profile of the order type.

DSet the relevant indicator in the internal order master record.

Answer : B, D

To activate integrated planning for internal orders in SAP S/4HANA, you need to set indicators in both the CO version and the internal order master record. This setup allows for the integration of budget and actuals for better planning and tracking within Management Accounting.

Question 4

Which of the following objects can be selected in templates for activity-based costing?

Note: There are 2 correct answers to this question.

ABusiness process

BWBS element

CCost center/activity type

DInternal order

Answer : A, C

In SAP S/4HANA, activity-based costing templates allow organizations to assign costs more accurately based on real activities and processes. Both business processes and cost center/activity type combinations are integral to this approach, ensuring precise allocation of overhead costs to activities directly involved in production or service processes.

Question 5

How does the system derive the requirement type from the material master data?

Note: There are 2 correct answers to this question.

AStrategy group -> planning strategy -> requirements class -> requirements type

BMRP group -> requirements class -> planning strategy -> requirements type

CMRP group -> strategy group -> planning strategy -> requirements type

DStrategy group -> planning strategy -> requirements type

Answer : C, D

SAP S/4HANA derives the requirement type based on the MRP or strategy group settings, allowing the system to link planning strategies to requirement types that define demand processing in Material Requirements Planning.

Question 6

What are some of the characteristics of SAP Core Data Services (CDS) views?

Note: There are 3 correct answers to this question.

ACDS views duplicate data for reporting efficiencies.

BCDS views are considered system modifications.

CCDS views support authorizations.

DCDS views have ready-to-use content.

ECDS views have no latency.

Answer : C, D, E

CDS views in SAP S/4HANA offer real-time access to data (no latency) and come with ready-to-use content. They also support authorizations, ensuring data security within reporting frameworks.

Question 7

Your enterprise has five company codes assigned to three separate operating charts of accounts.

What is the optimal way of configuring the relationship between operating concerns and controlling area?

AThree operating concerns; three controlling areas

BOne operating concern; three controlling areas

COne operating concern; five controlling areas

DOne operating concern; one controlling area

Answer : B

A single operating concern linked to multiple controlling areas is optimal for unified reporting across multiple charts of accounts, allowing each controlling area to map local requirements while sharing consolidated financial data.

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