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

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Total 80 questions

SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) Questions and Answers

Question 1

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

Options:

A.

Result Analysis (RA) Version

B.

Result Analysis (RA) key

C.

Costing variant for preliminary costing

D.

Variance variant

Question 2

In a standard system delivery, how many free characteristics can be added to an operating concern?

Options:

A.

0-70

B.

101-150

C.

71-100

D.

Over 150

Question 3

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

Options:

A.

Use separate segments for each valuation.

B.

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

C.

Use separate ledgers for each valuation.

D.

Use separate CO versions for each valuation.

Question 4

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

Options:

A.

A multi-valuation ledger

B.

A new standard G/L ledger with exclusive usage of "Prediction"

C.

An extension ledger of type "Simulation"

D.

An extension ledger of type "Prediction and Commitment"

Question 5

What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are 2 correct answers to this question.

Options:

A.

Cost of goods sold split by cost components

B.

Value of "Gross Margin 2"

C.

Production variances split by variance categories

D.

Value of conditions of pricing procedure

Question 6

Which parameters are controlled by the costing type in a costing variant? Note: There are 2 correct answers to this question.

Options:

A.

Save with date key

B.

Price updates

C.

Costing sheet

D.

Price for materials

Question 7

Which of the following values can be calculated using result analysis? Note: There are 3 correct answers to this question.

Options:

A.

Cost of sales

B.

Reserves for unrealized costs

C.

Cost of goods manufactured

D.

Gross margin

E.

Work in progress

Question 8

How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.

Options:

A.

Secondary costs are captured as secondary cost element, and not as general ledger accounts.

B.

Primary and secondary costs are captured in general ledger accounts.

C.

All primary and secondary costs are captured by creating them as cost elements.

D.

Only primary costs are captured in general ledger accounts.

Question 9

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

Options:

A.

Execution of the assessment cycles

B.

Business process price calculation

C.

Settlement of internal orders

D.

Cost center/activity type price calculation

Question 10

You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirements must be fulfilled? Note: There are 2 correct answers to this question.

Options:

A.

Costing-based Profitability Analysis must be active.

B.

Account-based Profitability Analysis must be active.

C.

The type of the addressed ledger must be an extension ledger.

D.

The type of the general ledger account must be primary cost/revenue or secondary cost.

Question 11

In which module do you process profit center allocations in SAP S/4HANA?

Options:

A.

Product cost accounting

B.

General ledger accounting

C.

Account-based profitability analysis

D.

Cost center accounting

Question 12

You want to understand why cost are collected on sales order item level. What do you need to in the configuration? Note: There are 3 correct answers to this question.

Options:

A.

Requirement type

B.

Requirements class

C.

Valuation variant

D.

Costing type

E.

Account assignment category

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Total 80 questions