SAP C_TS4CO_2023 Exam Practice Test Instant Access

Question 1

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.

ATo define the user status

BTo define users for the order

CTo set the initial status as Created or Released

DTo permit or forbid specific transactions

ETo activate the CO partner update

Answer : B, C, D

A status profile allows you to define initial statuses (option C) and control specific transactions (option D). Additionally, it helps set order-specific rules for users (option B). These functions enable better control over internal order processing in SAP S/4HANA.

Question 2

In the material master record, there are three planned prices: "Planned price 1," "Planned price 2," and "Planned price 3." What do you use them for?

Note: There are 2 correct answers to this question.

ATo be used for reporting purposes

BTo update the standard price at the release of a cost estimate

CTo evaluate the materials in cost estimates

DTo valuate future goods movements

Answer : C, D

Planned prices in SAP are used for evaluating materials in cost estimates (option C) and for the valuation of goods movements (option D). This ensures accurate cost tracking and planning, especially critical in SAP S/4HANA Cloud Private Edition's Management Accounting functionalities.

Question 3

To which objects can you settle an internal order using cost elements with cost element category 21 (internal settlement)?

Note: There are 3 correct answers to this question.

AGeneral ledger account

BNetwork

CSales order item

DWBS element

EAsset

Answer : B, C, D

Internal orders in SAP can be settled to various cost objects, including networks (option B), sales order items (option C), and WBS elements (option D). These are key objects for cost management, allowing for detailed tracking and settlement in project and order management scenarios.

Question 4

You have implemented Product Cost by Sales Order in conjunction with cost-based POC 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 = 1000; Capitalized revenue (revenue in excess of billings) = 200

BRevenue = 1200; Cost of sales = 1000; Revenue surplus = 200

CRevenue = 1500; Cost of sales = 1000; Revenue surplus = 300

DRevenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300

Answer : D

In Product Cost by Sales Order, the results analysis calculates values based on actual performance and the cost-based percentage of completion. Given the parameters, the system would calculate capitalized revenue at 300 for unbilled sales (option D), in alignment with SAP's Management Accounting and Revenue Recognition principles.

Question 5

What can you do with statistical internal orders?

Note: There are 2 correct answers to this question.

APerform budget availability control.

BSimultaneously post to a cost center.

CSettle to a CO-PA segment.

DPerform results analysis.

Answer : B, D

Statistical internal orders in SAP S/4HANA are used mainly for reporting and monitoring purposes, allowing postings simultaneously to both the internal order and a cost center (option B). Additionally, they can be used to perform results analysis (option D) for budgeting and cost tracking in Management Accounting. Statistical orders cannot be settled, as they are primarily for information purposes.

Question 6

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.

AAttributed profitability analysis is activated.

BCosting-based profitability analysis is activated.

CThe sales order item is assigned to a project.

DThe sales order item is a cost object.

Answer : B, C

Automatic settlement rule generation for sales order items in SAP S/4HANA requires that costing-based profitability analysis is active and that the sales order item is assigned to a project to enable correct cost flow to profitability segments.

Question 7

At which level do you define the valuation method for results analysis?

AValuation area

BOperating concern

CClient

DControlling area

Answer : D

In SAP S/4HANA, the valuation method for results analysis is defined at the controlling area level. This ensures that all relevant cost objects within the controlling area apply the same valuation logic.

SAP C_TS4CO_2023 SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting Exam Practice Test