SAP C_TS4CO_2023 Exam Practice Test Instant Access

Question 1

What do you need to set up in order to bring the values from incoming sales orders into account-based Profitability Analysis?

AAn extension ledger of type 'P: Line items with technical numbers / no deletion possible'

BA multi-valuation ledger

CA new standard G/L ledger with exclusive usage for 'Prediction'

DAn extension ledger of type 'S: Line items with technical numbers / deletion possible'

Answer : D

For integrating incoming sales orders in account-based Profitability Analysis, an extension ledger of type 'S' is used in SAP S/4HANA, which enables the management of predictive entries with the option of deletion if required.

Question 2

In the Product Cost by Order process, what does the system calculate depending on the order status?

AWIP at target costs or variances

BBoth WIP and variances or only variances

CWIP at actual costs or variances

DWIP at percentage of completion (PoC) method or variances

Answer : A

In the Product Cost by Order process, the system calculates Work In Process (WIP) at target costs or variances based on the order status, enabling precise cost tracking until the order is completed and settled.

Question 3

You are considering using commitment management with internal orders. Where do you need to activate commitment management?

Note: There are 2 correct answers to this question.

AIn the order type

BIn the controlling area

CIn individual internal order master data

DIn the version

Answer : A, B

Commitment management is activated at the order type level (option A) and in the controlling area (option B). This configuration is essential for tracking commitments, such as open purchase requisitions and orders, within internal orders in SAP S/4HANA Management Accounting.

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 field can you select for both reporting in costing-based and account-based Profitability Analysis?

ARecord type

BCost element

CVersion

DValue in Controlling Area Currency

Answer : B

The cost element is a versatile field used in both costing-based and account-based Profitability Analysis, providing detailed insights into cost flows across different dimensions in SAP S/4HANA.

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

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.

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