SAP C_TS412_2021 SAP Certified Associate - SAP S/4HANA Project Systems Exam Practice Test

Answer : B, D

''You can create external activities in a network to represent tasks that are performed by external service providers or vendors.'' According to SAP Press4, ''You can create service activities in a network to represent tasks that are performed by internal service providers.'' Reference:4

Answer : D

Availability control is a budget function that can be used to check assigned values against the current budget. Availability control monitors whether the budget for a project is sufficient for planned and actual costs. Availability control compares the assigned values (such as commitments, actual costs, or funds reservations) with the current budget and issues warnings or errors if the tolerance limits are exceeded. Availability control helps you to prevent budget overruns and ensure compliance with budget policies. Reference: https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/79ceb65334e6b54ce10000000a174cb4.html?&version=1909.002

Answer : B, C

To plan basic dates manually for WBS elements, you can use the Project Builder or the Project planning board. These are tools that allow you to create and maintain project structures, such as WBS elements, networks, activities, and milestones. You can enter basic dates for WBS elements in the Basic Data tab of the WBS element master data in the Project Builder or in the Gantt chart view of the Project planning board. Reference: https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/3673b65334e6b54ce10000000a174cb4.html

Answer : D

Revenue planning and posting for WBS elements is a function that allows you to plan and record revenues for customer projects. The crucial prerequisite for this function is that a sales order item has to be assigned to each WBS element used for revenue planning. The sales order item serves as a reference object for revenue recognition and billing. You can assign a sales order item to a WBS element in the Billing Plan tab of the WBS element master data. Reference: https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/79ceb65334e6b54ce10000000a174cb4.html?&version=1909.002

Answer : A, B, D

Period-end closing is a process that involves various activities to finalize the project costs and revenues at the end of a period. Some of the functions that are available for period-end closing in the Project System are:

Result analysis: This function allows you to calculate the work in process (WIP), reserves, and results for a project based on various methods and valuation rules. Result analysis also updates the financial accounting (FI) and controlling (CO) documents with the calculated values.

Progress analysis: This function allows you to measure and monitor the progress of a project based on various criteria, such as costs, revenues, dates, or quantities. Progress analysis also enables you to compare the planned and actual progress of a project and identify any deviations or delays.

Settlement: This function allows you to transfer the costs and revenues of a project to one or more receivers, such as cost centers, fixed assets, profitability segments, or sales orders. Settlement also clears the balances of the project objects and updates the corresponding accounting documents. Reference: https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/79ceb65334e6b54ce10000000a174cb4.html?&version=1909.002

Answer : A, D

The possible reasons to check if reductions did not reduce the scheduled duration of all internally-processed activities in your project after overall network scheduling are if the maximum reduction level is less than 100 or if the appropriate reduction type is set in the parameters for network scheduling. Reductions are functions that allow you to reduce the scheduled duration of activities and networks by changing their work or capacity requirements based on various strategies and criteria. Reductions can help you optimize your project schedule and meet deadlines or milestones. The possible reasons to check if reductions did not reduce the scheduled duration of all internally-processed activities in your project after overall network scheduling are:

If the maximum reduction level is less than 100: The maximum reduction level is a parameter that defines how much an activity or a network can be reduced as a percentage of its original duration. The maximum reduction level can be specified in Customizing for Project System under Structures Operative Structures Networks Define Reduction Strategies

Answer : C

One reason to use expert mode in the valuation method for results analysis is usage of different line ID. Results analysis is a function that allows you to calculate and post values for work in process (WIP), reserves for unrealized costs (RUC), profit from sales order stock (PSOS), and so on. Results analysis uses valuation methods to determine how these values are calculated based on various criteria, such as cost of sales method, percentage of completion method, revenue-based method, and so on. Expert mode is a type of valuation method that allows you to define your own logic and rules for results analysis by using formulas and conditions. One reason to use expert mode in the valuation method for results analysis is usage of different line ID. A line ID is a parameter that identifies a line item in results analysis data. A line ID can have various attributes, such as cost element group, value category, posting indicator, and so on. By using expert mode in the valuation method for results analysis, you can use different line ID for different scenarios or requirements that are not covered by the standard valuation methods. Reference: https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html