C_TS4CO_2021 by SAP Valid Free Exam Practice Test

Question 1

You are setting up costing-based Profitability Analysis for your organization. How do you configure the deferent market segments?

A. As value fields B. As characteristics C. As divisions D. As key Figures

Correct Answer: B

Question 2

Which statement best describes the Query Browser for reporting?

A. It is available as an additional license product in SAP S/4HANA. B. It is the frontend used to define reports in Analysis for Office. C. It is a design studio app that comes as standard SAP Fiori content. D. It is a desktop browser that integrates with SAP S/4HANA.

Correct Answer: D

Question 3

Which of the following steps are part of the procedure to update the standard price of the material? Note:
There are 2 correct answers to this question.

A. Split the costs. B. Archive the cost estimates. C. Mark the cost estimate. D. Release the cost estimate.

Correct Answer: C,D

Question 4

Which statements best describes a single cost center standard hierarchy?

A. It is a structure to which all cost center groups create for a controlling area are assigned. B. It is a structure to which all the cost centers within an operating concern are assigned. C. It is a structure to which all cost center groups created within an operating concern are assigned. D. It is a structure to which all the cost centers within a controlling area are assigned.

Correct Answer: D

Question 5

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

A. Work in progress B. Gross margin C. Cost of goods manufactured D. Reserves for unrealized costs E. Cost of sales

Correct Answer: A,D,E

Question 6

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

A. General ledger accounting B. Product cost accounting C. Cost center accounting D. Account-based profitability analysis

Correct Answer: A

Question 7

You have implemented Product Cost by Sales Oder 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?

A. Revenue = 1200; Cost of sales = 1000; Reserve = 200 B. Revenue = 1200; Cost of sales = 800; WIP = 200 C. Revenue = 1200; Cost of sales = 1000; WIP = 200 D. Revenue = 1200; Cost of sales = 800; Reserve = 200

Correct Answer: B

Question 8

What does SAP/S4HANA select line-item-based data for costing based Profitability Analysis reports?

A. It select actual data from table ACDOCA and plan data from ACDOCP. B. It select actual data from table CE2XXXX and plan data from CE3XXXX. C. It select actual data from table ACDOCA and plan data from COSP. D. It select actual data from table CE1XXXX and plan data from CE2XXXX.

Correct Answer: D

Question 9

Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?

A. Account-based only B. Both account-based and costing-based C. Costing-based only D. Periodic-accounting based

Correct Answer: A

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