SAP C_TS4CO_2021 Exam Practice Test Instant Access

Question 1

Which processes split costs into their primary cost components? Note: There are 2 correct answers to this question.

AExecution of the assessment cycles

BBusiness process price calculation

CSettlement of internal orders

DCost center/activity type price calculation

Answer : B, D

Question 2

What parameters can you set up when defining order types?

ADefine document type.

BDefine default parameters for master record fields.

CDefine source structure.

DAllow revenue postings.

Answer : B, D

Question 3

Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.

AResult Analysis (RA) Version

BResult Analysis (RA) key

CCosting variant for preliminary costing

DVariance variant

Answer : B, C

Question 4

You are considering using commitment management with internal orders. What do you need to do in the configuration?

AActivate commitment management in both the controlling area and the order type.

BActivate commitment management in the controlling area, the order type, and in individual internal order master data.

CActivate commitment management in both the version and the order type.

DActivate commitment management only in the controlling area.

Answer : A

Question 5

You have activated budget availability control against the overall value for an internal order and entered an overall budget of 10000.

Actuals of 10000 were posted in the previous year.

You are surprised to realize that a purchase order 1000 was created for this internal order in the current year.

How is that possible?

Note: There are 2 correct answers to this question.

AThe purchase order has NOT generated a budget yet.

BThe purchase order was entered in a different year than the budget.

CThe cost element is exempted from budget availability control.

DThe difference of 1000 is within the tolerance limits defined in the configuration.

Answer : C, D

Question 6

How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question.

AUse separate segments for each valuation.

BUse separate currency types within the same ledger for each valuation.

CUse separate ledgers for each valuation.

DUse separate CO versions for each valuation.

Answer : C, D

Question 7

Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.

AInventory cost estimate of all the materials in one plant

BStandard cost estimate of all the materials in all plants of a controlling area

CCurrent cost estimate of all the materials in all controlling area

DProduct cost collector cost estimate in one plant

Answer : A, D

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