The Best Practice Test Preparation for the C-TS4CO-2021 Certification Exam
C-TS4CO-2021 Exam Dumps, Practice Test Questions BUNDLE PACK
SAP C-TS4CO-2021 Certification Exam is an essential certification for professionals who are interested in demonstrating their expertise in SAP's latest technology solutions for management accounting. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification exam covers a broad range of topics and is suitable for individuals involved in the implementation, customization, and support of SAP S/4HANA for Management Accounting. By passing this certification exam, professionals can enhance their careers and showcase their proficiency in using SAP's cutting-edge technology to solve complex management accounting challenges.
SAP C-TS4CO-2021 certification exam is ideal for professionals who have practical experience in SAP S/4HANA for Management Accounting and want to demonstrate their skills to potential employers. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification can also enhance the candidate's career growth by providing them with a competitive advantage in the job market.
NEW QUESTION # 37
How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question.
- A. As lot-based surcharge
- B. As percentage rate
- C. As equivalence number
- D. As quantity-based surcharge
Answer: B,D
NEW QUESTION # 38
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. Price indicator
- B. CO version
- C. Activity type category
- D. Company code
- E. Valid cost center categories
Answer: A,C,E
NEW QUESTION # 39
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?
- A. A new standard G/L ledger with exclusive usage of "Prediction"
- B. An extension ledger of type "Prediction and Commitment"
- C. An extension ledger of type "Simulation"
- D. A multi-valuation ledger
Answer: B
NEW QUESTION # 40
What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item? Note: There are 2 correct answers to this question.
- A. Profitability Analysis (CO-PA) is activated.
- B. The sales order item is assigned to a project.
- C. The sales order item is a cost object.
- D. The material in the sales order item is a service.
Answer: A,B
NEW QUESTION # 41
You want to create cost centers for your company. What is the prerequisite to build an organizational structure for overhead cost controlling?
- A. Standard hierarchy top node
- B. Person responsible
- C. Cost center categories
- D. Profit center
Answer: A
NEW QUESTION # 42
You use a production order with Product Cost by Period and you entered a results analysis key and variance key. How does the system calculate variances in Product Cost by Period?
- A. Variances = Target costs - Delivery value
- B. Variances = Target costs - Delivery value - WIP
- C. Variances = Actual costs - Delivery value - WIP
- D. Variances = Actual costs - Delivery value
Answer: C
NEW QUESTION # 43
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. Requirements class
- B. Account assignment category
- C. Requirement type
- D. Valuation variant
- E. Costing type
Answer: A,B,C
NEW QUESTION # 44
What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question.
- A. Statistical key figures
- B. Cost element
- C. Cost centers
- D. Activity type
Answer: C,D
NEW QUESTION # 45
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.
- A. The type of the addressed ledger must be an extension ledger.
- B. The type of the general ledger account must be primary cost/revenue or secondary cost.
- C. Costing-based Profitability Analysis must be active.
- D. Account-based Profitability Analysis must be active.
Answer: B,D
NEW QUESTION # 46
In a standard system delivery, how many free characteristics can be added to an operating concern?
- A. 0-70
- B. Over 150
- C. 71-100
- D. 101-150
Answer: A
NEW QUESTION # 47
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 CO versions for each valuation.
- D. Use separate ledgers for each valuation.
Answer: C,D
NEW QUESTION # 48
Which statements best describes a single cost center standard hierarchy?
- A. It is a structure to which all the cost centers within an operating concern are assigned.
- B. It is a structure to which all cost center groups created within an operating concern are assigned.
- C. It is a structure to which all cost center groups create for a controlling area are assigned.
- D. It is a structure to which all the cost centers within a controlling area are assigned.
Answer: D
NEW QUESTION # 49
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? Note:
There are 2 correct answers to this question.
- A. It can be defined for postings on general ledger accounts of secondary costs type.
- B. It can be defined for postings on general ledger accounts of primary costs type.
- C. It can be overwritten in the application.
- D. It takes precedence over validation and substitution.
Answer: B,D
NEW QUESTION # 50
Why would you use manual cost allocation in Controlling? Note: There are 2 correct answers to this question.
- A. To correct secondary postings
- B. To run simple allocations of actual data
- C. To run simple allocations of plan data
- D. To allocate costs using an allocation cycle
Answer: A,B
NEW QUESTION # 51
You are setting up costing-based Profitability Analysis for your organization. How do you configure the deferent market segments?
- A. As key Figures
- B. As characteristics
- C. As value fields
- D. As divisions
Answer: B
NEW QUESTION # 52
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 planning profile of the order type.
- B. Set the relevant indicators in the CO version.
- C. Set the relevant indicator in the internal order master record.
- D. Set the relevant indicator in the controlling area.
Answer: B,C
NEW QUESTION # 53
You want to use budget availability control for your projects and internal orders. What can you check using budget availability control? Note: There are 2 correct answers to this question.
- A. The availability of funds according to tolerance limits
- B. The availability of funds on period level
- C. The availability of funds in object currency
- D. The availability of funds using overall plan value
Answer: A,C
NEW QUESTION # 54
In SAP S/4HANA, you have decided to activate only account-based profitability analysis for your organization. You want to settle costs and revenue of a sales order item to a profitability segment. What do you need to configure?
- A. PA transfer structure
- B. Allocation structure
- C. Source structure
- D. Cost component structure
Answer: A
NEW QUESTION # 55
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 in the field catalog
- C. By defining the characteristic value as a value field
- D. By defining the characteristic value as a key figure
Answer: A
NEW QUESTION # 56
How do you define the relationship between an operating concern and a controlling area?
- A. Many-to-many (N:M)
- B. Many-to-one (N:1)
- C. One-to-one (1:1)
- D. One-to-many (1:N)
Answer: D
NEW QUESTION # 57
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. Release the cost estimate.
- D. Mark the cost estimate.
Answer: C,D
NEW QUESTION # 58
How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.
- 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. Only primary costs are captured in general ledger accounts.
- D. All primary and secondary costs are captured by creating them as cost elements.
Answer: B,D
NEW QUESTION # 59
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 enter costs and revenues.
- D. You can define tolerance limits for plan overspend.
Answer: B,C
NEW QUESTION # 60
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