SAP C_TS4CO_2023 Exam Practice Test Instant Access

Question 1

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 2

In the material master record, there are three planned prices: "Planned price 1," "Planned price 2," and "Planned price 3." What do you use them for?

Note: There are 2 correct answers to this question.

ATo be used for reporting purposes

BTo update the standard price at the release of a cost estimate

CTo evaluate the materials in cost estimates

DTo valuate future goods movements

Answer : C, D

Planned prices in SAP are used for evaluating materials in cost estimates (option C) and for the valuation of goods movements (option D). This ensures accurate cost tracking and planning, especially critical in SAP S/4HANA Cloud Private Edition's Management Accounting functionalities.

Question 3

How do you maintain number range intervals for documents in Controlling?

Note: There are 2 correct answers to this question.

ABy client

BBy business transactions

CBy document type

DBy controlling area

Answer : B, D

Number range intervals in SAP S/4HANA are maintained by business transactions and controlling area, allowing document numbering to be systematically organized and controlled within specific areas and transaction types.

Question 4

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 5

How would you explain automatic account assignment in SAP S/4HANA?

Note: There are 2 correct answers to this question.

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

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

CProposed values can be overwritten in the application.

DProposed values take precedence over validation and substitution.

Answer : A, C

Automatic account assignment in SAP S/4HANA allows defining default account assignments for primary cost postings, and these proposed values can be adjusted as needed, allowing flexible management of financial postings.

Question 6

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 7

You want to understand why costs are collected on the sales order item level.

What do you need to check in the configuration?

Note: There are 3 correct answers to this question.

ARequirement type

BValuation variant

CAccount assignment category

DRequirements class

ECosting type

Answer : A, C, D

To ensure costs are collected at the sales order item level, you need to check settings for the requirement type, account assignment category, and requirements class in SAP S/4HANA, which determine how and where costs are tracked and assigned.

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