SAP C_TS4CO_2023 Exam Practice Test Instant Access

Question 1

Which of the following statements best describe Product Cost by Period?

Note: There are 2 correct answers to this question.

AIt is used to analyze costs by individual production lots.

BIt is used in conjunction with a product cost collector.

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

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

Answer : B, C

Product Cost by Period (PCP) is typically used with a product cost collector (option B) and is suitable for stable production processes (option C). This method supports continuous cost tracking in repetitive manufacturing scenarios in SAP S/4HANA.

Question 2

At what level do you create the structure of the operating concern for margin analysis?

ASales organization

BControlling area

CClient

DCross client

Answer : B

The structure of the operating concern for margin analysis is created at the controlling area level (option B) to enable margin analysis at a granular level in SAP S/4HANA Management Accounting.

Question 3

You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this?

Note: There are 2 correct answers to this question.

ABy assigning a cost center to the work center in the operation

BBy defining a usage key in the header of the routing

CBy marking the cost indicator in the control key assigned to the operation

DBy marking the Relevance to Costing indicator in the operation

Answer : C, D

In product cost calculations, marking the cost indicator in the control key (option C) and the Relevance to Costing indicator in the operation (option D) ensures specific operations are included. This setup enables cost-effective routing management in SAP S/4HANA.

Question 4

For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA?

AParallel price calculation and invoicing are needed to facilitate intercompany reconciliation.

BParallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation.

CParallel costing is needed to calculate separate costs of goods manufactured for different accounting principles.

DParallel valuation views of the same logistical flows are needed to differentiate between legal and group valuation.

Answer : D

The transfer price solution in SAP S/4HANA is used when parallel valuation views (option D) are required, especially to distinguish between legal and group valuations. This is critical for consolidated reporting and managing internal pricing within multiple organizational entities.

Question 5

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?

AAssessment

BPeriodic reposting

CTop down distribution

DDistribution

Answer : A

The assessment method (option A) is used to allocate both primary and secondary costs between cost centers. This method consolidates costs and redistributes them based on predefined criteria, suitable for detailed internal cost allocations in SAP S/4HANA.

Question 6

Which type(s) of Profitability Analysis update(s) the cost of goods sold at the time of delivery only?

AMargin analysis

BCombined profitability analysis

CCosting-based

DBoth margin analysis and costing-based

Answer : A

Margin analysis in SAP S/4HANA updates the cost of goods sold (COGS) at delivery, aligning profitability reporting more closely with revenue recognition. This enables timely and accurate COGS updates tied to actual deliveries.

Question 7

How do you maintain number range intervals for documents in Controlling?

Note: There are 2 correct answers to this question.

ABy client

BBy business transactions

CBy document type

DBy controlling area

Answer : B, D

Number range intervals in SAP S/4HANA are maintained by business transactions and controlling area, allowing document numbering to be systematically organized and controlled within specific areas and transaction types.

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