Get SAP C_TS4CO_2021 Exam Dumps To Prepare For SAP S/4HANA 2021 Exam Well

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Make use of SAP C_TS4CO_2021 exam dumps of ITPrepare, we ensure that you can prepare for the SAP Certified Application Associate – SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification exam well, finally, you will be guaranteed to pass the SAP C_TS4CO_2021 exam successfully. With ITPrepare SAP C_TS4CO_2021 exam dumps, you can practice all the latest questions and answers before attending the actual SAP S/4HANA 2021 C_TS4CO_2021 exam.

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1. What are some of the characteristics of SAP Core Data Services (CDS) views? Note: There are 3 correct answers to this question.

CDS views are considered system modifications.

CDS views have ready-to-use content.

CDS views duplicate data for reporting efficiencies.

CDS views have no latency.

CDS views support authorization.

2. You want enable WIP calculation in Product Cost by Period.

What do you need to configure?

Settlement profile

Valuation variant

Profitability Analysis (PA) transfer structure

Variance variant

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

Save with date key

Price updates

Costing sheet

Price for materials

4. At what level do you create the structure of the operating concern?

Sales organization level

Controlling area level

Client level

Company code level

5. Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.

It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.

It is the core SAP S4/HANA license and users the same technical stack and user interface.

It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.

It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analysis Tools for reporting.

6. You are running an indirect activity allocation.

What do you post to the sender and receiver?

You post only cost to both the sender and receiver.

You post quantity and cost to both the sender and receiver.

You post both quantity and cost to the sender, and cost only to the receiver.

You post both quantity and cost to the receiver, and cost only to the sender.

7. Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question.

It is used when periodic costs outweigh daily postings.

It is used to analyze work in process (WIP) based on actual costs.

It is used when the focus of controlling is on a stable and continuous production process.

It is used in conjunction with a product cost collector.

8. 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.

The availability of funds using overall plan value

The availability of funds according to tolerance limits

The availability of funds in object currency

The availability of funds on period level

9. 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?

Variances = Target costs - Delivery value

Variances = Target costs - Delivery value - WIP

Variances = Actual costs - Delivery value - WIP

Variances = Actual costs - Delivery value

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

By defining the characteristic value as a value field

By defining the characteristic value in the field catalog

By defining the characteristic value in the check table

By defining the characteristic value as a key figure

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11. 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.

Release the cost estimate.

Archive the cost estimates.

Mark the cost estimate.

Split the costs.

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

Cost of sales

Reserves for unrealized costs

Cost of goods manufactured

Gross margin

Work in progress

13. 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.

To define the user status

To define users for the order

To permit or forbid specific transactions

To activate the CO partner update

To set the initial status as Created or Released

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

Result Analysis (RA) Version

Result Analysis (RA) key

Costing variant for preliminary costing

Variance variant

15. Which field can you select for both reporting in costing based and account-based Profitability Analysis?

Value in Controlling Area Currency

Version

Record type

Cost element

16. 1.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.

Costing-based Profitability Analysis must be active.

Account-based Profitability Analysis must be active.

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

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

17. 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.

CO version

Valid cost center categories

Company code

Price indicator

Activity type category

18. You have activated budget availability control against the overall value for an internal order and entered an overall budget of 10000.

Actuals of 10000 were posted in the previous year.

You are surprised to realize that a purchase order 1000 was created for this internal order in the current year.

How is that possible? Note: There are 2 correct answers to this question.

The purchase order has NOT generated a budget yet.

The purchase order was entered in a different year than the budget.

The cost element is exempted from budget availability control.

The difference of 1000 is within the tolerance limits defined in the configuration.

19. You would like to allocate primary and secondary costs from a cost center to another cost center.

Which allocation method will you use?

Assessment

Distribution

Periodic reposting

Direct activity allocation

20. What parameters can you set up when defining order types?

Define document type.

Define default parameters for master record fields.

Define source structure.

Allow revenue postings.

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21. Which receiver must be allowed in the settlement profile of product cost collector?

Cost center

Material

Order

G/L Account

22. Which setting in the cost center master data do you use to assign the same attributes to similar cost center?

Cost center category

Cost center type

Object class

Standard hierarchy node

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

Periodic-accounting based

Both account-based and costing-based

Account-based only

Costing-based only

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

Product cost accounting

General ledger accounting

Account-based profitability analysis

Cost center accounting

25. What can you configure in the settlement profile? Note: There are 2 correct answers to this question.

Define document management parameters.

Determine an overhead key.

Determine whether settlement is required.

Define a number range for settlement document.

26. Which statements best describes a single cost center standard hierarchy?

It is a structure to which all cost center groups create for a controlling area are assigned.

It is a structure to which all cost center groups created within an operating concern are assigned.

It is a structure to which all the cost centers within an operating concern are assigned.

It is a structure to which all the cost centers within a controlling area are assigned.

27. How can you populate local variables in Profitability Analysis reports?

By populating from user parameters

By user exit

By Business Add-In

By user entry during report execution

28. What can you manage via the account assignment category? Note: There are 2 correct answers to this question.

Separate sales order stock

Costing variant

Valuation of separate sales order stock

Product cost by sales order

29. You want to create cost centers for your company.

What is the prerequisite to build an organizational structure for overhead cost controlling?

Person responsible

Profit center

Standard hierarchy top node

Cost center categories

30. 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?

Revenue = 1200; Cost of sales = 800; Reserve = 200

Revenue = 1200; Cost of sales = 1000; Reserve = 200

Revenue = 1200; Cost of sales = 1000; WIP = 200

Revenue = 1200; Cost of sales = 800; WIP = 200

Get SAP C_TS4CO_2021 Exam Dumps To Prepare For SAP S/4HANA 2021 Exam Well