SAP C_TS4CO_2023 Exam Practice Test Instant Access

Question 1

You have implemented Product Cost by Sales Order in conjunction with revenue-based results analysis in your organization.

For a particular sales order item, you have the following:

Plan revenue = 3000

Plan costs = 2000

Actual revenue = 1200

Actual costs = 1000

What data does the system calculate during results analysis?

ARevenue = 1200; Cost of sales = 800; Reserve = 200

BRevenue = 1200; Cost of sales = 1000; Reserve = 200

CRevenue = 1200; Cost of sales = 800; WIP = 200

DRevenue = 1200; Cost of sales = 1000; WIP = 200

Answer : C

For Product Cost by Sales Order, SAP S/4HANA calculates revenue, cost of sales, and WIP based on actual data. Given the actual revenue and cost data, the system computes a WIP value to align with results analysis requirements.

Question 2

You are running an indirect activity allocation.

What do you post to the sender and receiver?

AYou post both quantity and cost to the sender, and cost only to the receiver.

BYou post quantity and cost to both the sender and receiver.

CYou post both quantity and cost to the receiver, and cost only to the sender.

DYou post only cost to both the sender and receiver.

Answer : B

In SAP S/4HANA, an indirect activity allocation posts both quantity and cost to both sender and receiver, allowing for accurate tracking and balancing of activity quantities and associated costs.

Question 3

Which setting in the cost center master data do you use to assign the same attributes to similar cost centers?

ACost center department

BCost center category

CStandard hierarchy node

DFunctional area

Answer : B

The cost center category in SAP S/4HANA allows grouping of similar cost centers, enabling the assignment of consistent attributes and settings, thus streamlining configuration and reporting.

Question 4

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 5

Which parameters are controlled by the costing type in a costing variant?

Note: There are 2 correct answers to this question.

ACosting sheet

BSave with date key

CPrice updates

DPrice for materials

Answer : B, C

In SAP S/4HANA, the costing type in a costing variant specifies parameters like date key for saving costs and price updates, allowing businesses to manage cost calculations over different periods and adjust for price changes.

Question 6

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 7

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).

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