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SAP C-TS4CO-2021 certification exam is designed for individuals who are seeking to validate their expertise in the use of SAP S/4HANA for management accounting. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification exam is ideal for professionals who are involved in the management accounting function of an organization and want to demonstrate their knowledge of the latest SAP technologies. C-TS4CO-2021 exam covers various topics, including management accounting processes and their integration with other SAP modules, cost object controlling, profitability analysis, and product costing. By passing this certification exam, candidates can demonstrate their expertise in SAP S/4HANA for management accounting and enhance their career prospects.
NEW QUESTION # 36
At what level do you create the structure of the operating concern?
- A. Client level
- B. Controlling area level
- C. Sales organization level
- D. Company code level
Answer: A
NEW QUESTION # 37
You are considering using commitment management with internal orders. What do you need to do in the configuration?
- A. Activate commitment management in both the version and the order type.
- B. Activate commitment management only in the controlling area.
- C. Activate commitment management in the controlling area, the order type, and in individual internal order master data.
- D. Activate commitment management in both the controlling area and the order type.
Answer: D
NEW QUESTION # 38
What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.
- A. Availability control can check against plan values.
- B. You can plan multiple versions.
- C. You can define tolerance limits for plan overspend.
- D. You can enter costs and revenues.
Answer: B,D
NEW QUESTION # 39
What does SAP/S4HANA select line-item-based data for costing based Profitability Analysis reports?
- A. It select actual data from table CE1XXXX and plan data from CE2XXXX.
- B. It select actual data from table ACDOCA and plan data from ACDOCP.
- C. It select actual data from table CE2XXXX and plan data from CE3XXXX.
- D. It select actual data from table ACDOCA and plan data from COSP.
Answer: A
NEW QUESTION # 40
How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question.
- 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.
Answer: C,D
NEW QUESTION # 41
You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?
- A. Budget availability control
- B. Indirect activity allocation
- C. Accrual calculation
- D. Periodic reporting
Answer: C
NEW QUESTION # 42
To which object can you settle an internal order using cost elements with cost element category 21 (internal settlement)? Note: There are 3 correct answers to this question.
- A. General ledger account
- B. Sales order item
- C. Network
- D. Asset
- E. WBS element
Answer: B,C,E
NEW QUESTION # 43
You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? Note: There are 3 correct answers to this question.
- A. To permit or forbid specific transactions
- B. To activate the CO partner update
- C. To define users for the order
- D. To define the user status
- E. To set the initial status as Created or Released
Answer: A,D,E
NEW QUESTION # 44
Which field can you select for both reporting in costing based and account-based Profitability Analysis?
- A. Value in Controlling Area Currency
- B. Record type
- C. Cost element
- D. Version
Answer: D
NEW QUESTION # 45
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?
- A. An extension ledger of type "Simulation"
- B. An extension ledger of type "Prediction and Commitment"
- C. A new standard G/L ledger with exclusive usage of "Prediction"
- D. A multi-valuation ledger
Answer: B
NEW QUESTION # 46
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?
- A. To update the standard price during the release of a standard cost estimate
- B. To valuate material stocks
- C. To valuate the materials in cost estimates
- D. To valuate goods movement
Answer: C
NEW QUESTION # 47
You post a billing document for a sales order with sales order controlling. What data flows to Profit Center Accounting? Note: There are 2 correct answers to this question.
- A. Order quantity
- B. Revenues
- C. Sales deductions
- D. Payment Discount
Answer: B,C
NEW QUESTION # 48
Why would you use manual cost allocation in Controlling? Note: There are 2 correct answers to this question.
- A. To allocate costs using an allocation cycle
- B. To correct secondary postings
- C. To run simple allocations of plan data
- D. To run simple allocations of actual data
Answer: B,D
NEW QUESTION # 49
You are creating new activity type and want to maintain plan prices for a cost center. Which attribute must you configure in the activity type master record? Note: There are 3 correct answers to this question.
- A. Activity type category
- B. Price indicator
- C. CO version
- D. Valid cost center categories
- E. Company code
Answer: A,B,D
NEW QUESTION # 50
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.
- A. Requirement type
- B. Account assignment category
- C. Requirements class
- D. Costing type
- E. Valuation variant
Answer: A,B,C
NEW QUESTION # 51
You are setting up a direct internal activity allocation in SAP S4/HANA. What is valid receivers for the activity? Note: There are 3 correct answers to this question.
- A. General ledger account
- B. Internal order
- C. Sales order item
- D. Profit center
- E. WBS element
Answer: B,C,E
NEW QUESTION # 52
What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are
2 correct answers to this question.
- A. Value of "Gross Margin 2"
- B. Cost of goods sold split by cost components
- C. Production variances split by variance categories
- D. Value of conditions of pricing procedure
Answer: B,D
NEW QUESTION # 53
You create a new profit center. Which company code(s) is it assigned to by default?
- A. All company codes maintained in your authorization profile.
- B. All company codes within the controlling area.
- C. All company codes where profit center accounting is activated.
- D. All company codes to which the profit center standard hierarchy is assigned to.
Answer: B
NEW QUESTION # 54
You want to setup integrated planning for your internal order. What do you need to do? Note: There are 2 correct answers to this question.
- A. Set the relevant indicator in the internal order master record.
- B. Set the relevant indicator in the planning profile of the order type.
- C. Set the relevant indicator in the controlling area.
- D. Set the relevant indicators in the CO version.
Answer: A,D
NEW QUESTION # 55
Which of the following objects can be selected in templates for activity-based costing? Note: There are 2 correct answers to this question.
- A. Internal order
- B. WBS element
- C. Business process
- D. Cost center/activity type
Answer: A,B
NEW QUESTION # 56
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