SAP C_TS4CO_2021 Exam Practice Test Instant Access

Question 1

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

ADefine document management parameters.

BDetermine an overhead key.

CDetermine whether settlement is required.

DDefine a number range for settlement document.

Answer : A, C

Question 2

You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?

APeriodic reporting

BAccrual calculation

CBudget availability control

DIndirect activity allocation

Answer : B

Question 3

For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.

ACost centers

BInternal orders

CFunctional areas

DCost elements

EProfit centers

Answer : A, B, E

Question 4

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?

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

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

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

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

Answer : D

Question 5

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

ASave with date key

BPrice updates

CCosting sheet

DPrice for materials

Answer : A, B

Question 6

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.

ACosting-based Profitability Analysis must be active.

BAccount-based Profitability Analysis must be active.

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

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

Answer : B, D

Question 7

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

AProduct cost accounting

BGeneral ledger accounting

CAccount-based profitability analysis

DCost center accounting

Answer : B

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