C-TS4CO-2021 by SAP Valid Free Exam Practice Test

Question 1

You create alternative CO versions for your controlling area, in addition to version 0. What would you use additional CO versions for? Note: There are 2 correct answers to this question.

A. To store data of parallel valuation B. To store data of alternative plan costing runs C. To store different plan data D. To store different budget data

Correct Answer: A,C

Question 2

Which statements are relevant to the cost of sales accounting method in profitability management? Note:
There are 2 correct answers to this question.

A. It aims to match revenues for goods and services against sales-related expenses. B. It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities. C. It presents the costs and revenues information in a format that is ideal for conducting margin analyses. D. It aims to summarize activity and situational change for a given organizational unit over a period of time.

Correct Answer: A,C

Question 3

You are considering using commitment management with internal orders. What do you need to do in the configuration?

A. Activate commitment management in the controlling area, the order type, and in individual internal order master data. B. Activate commitment management only in the controlling area. C. Activate commitment management in both the controlling area and the order type. D. Activate commitment management in both the version and the order type.

Correct Answer: C

Question 4

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?

A. Periodic reposting B. Direct activity allocation C. Assessment D. Distribution

Correct Answer: C

Question 5

How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?

A. By defining the characteristic value in the check table B. By defining the characteristic value as a value field C. By defining the characteristic value as a key figure D. By defining the characteristic value in the field catalog

Correct Answer: A

Question 6

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 define the user status B. To activate the CO partner update C. To set the initial status as Created or Released D. To define users for the order E. To permit or forbid specific transactions

Correct Answer: A,C,E

Question 7

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 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

You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA?

A. Reporting can be either broad and deep for analysis, or speedy and simple, but not both. B. Reporting on data in real time is difficult, and complex to design. C. Reporting analytical data is always done in a business warehouse system. D. Reporting on data is available in real-time at every level of detail.

Correct Answer: D

SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) - C-TS4CO-2021 Exam Practice Test