Updated Nov-2024 Pass C_TS4CO_2021 Exam - Real Practice Test Questions
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To become certified in the SAP C_TS4CO_2021 Exam, candidates must have a strong understanding of management accounting concepts, as well as a working knowledge of SAP's S/4HANA platform. C_TS4CO_2021 exam consists of 80 multiple-choice questions, which must be completed within a three-hour time frame. Candidates must achieve a minimum score of 63% to pass the exam and receive their certification.
NEW QUESTION # 20
How does the system derive the requirement type from the material master data? Note: There are 2 correct answers to this question.
- A. MRP group -> requirements class -> planning strategy -> requirements type
- B. Strategy group -> planning strategy -> requirements class -> requirements type
- C. Strategy group -> planning strategy -> requirements type
- D. MRP group -> Strategy group -> planning strategy -> requirements type
Answer: C,D
NEW QUESTION # 21
Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.
- A. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analysis Tools for reporting.
- B. It is the core SAP S4/HANA license and users the same technical stack and user interface.
- C. It uses core data services (CDS ) views to create virtual data models (VDMs ) for reporting.
- D. It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.
Answer: B,C
NEW QUESTION # 22
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?
- A. Costing-based only
- B. Periodic-accounting based
- C. Both account-based and costing-based
- D. Account-based only
Answer: D
NEW QUESTION # 23
You want to use template to consider overhead during product costing. How do you assign the template to your material?
- A. Using an overhead group and an overhead key
- B. Using a special procurement type and an overhead group
- C. Using a profit center and an overhead key
- D. Using an origin group and an overhead group
Answer: A
NEW QUESTION # 24
Which field can you select for both reporting in costing based and account-based Profitability Analysis?
- A. Value in Controlling Area Currency
- B. Record type
- C. Cost element
- D. Version
Answer: D
NEW QUESTION # 25
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?
- A. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
- B. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
- C. Parallel accounting is needed in order to be compliant with different accounting principles.
- D. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
Answer: A
NEW QUESTION # 26
What are some of the unique attributes of an assessment cycle in Controlling? Note: There are 2 correct answers to this question.
- A. They transfer only primary costs.
- B. They use a secondary cost element during transfer.
- C. They transfer primary and secondary costs.
- D. They use the original cost element during transfer
Answer: B,C
NEW QUESTION # 27
What does SAP/S4HANA select line-item-based data for costing based Profitability Analysis reports?
- A. It select actual data from table CE1XXXX and plan data from CE2XXXX.
- B. It select actual data from table ACDOCA and plan data from COSP.
- C. It select actual data from table CE2XXXX and plan data from CE3XXXX.
- D. It select actual data from table ACDOCA and plan data from ACDOCP.
Answer: A
NEW QUESTION # 28
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?
- A. An extension ledger of type "Simulation"
- B. A new standard G/L ledger with exclusive usage of "Prediction"
- C. An extension ledger of type "Prediction and Commitment"
- D. A multi-valuation ledger
Answer: C
NEW QUESTION # 29
What parameters can you set up when defining order types?
- A. Define default parameters for master record fields.
- B. Define source structure.
- C. Define document type.
- D. Allow revenue postings.
Answer: A,D
NEW QUESTION # 30
For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.
- A. Profit centers
- B. Internal orders
- C. Cost elements
- D. Cost centers
- E. Functional areas
Answer: A,B,D
NEW QUESTION # 31
Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question.
- A. It is used when controlling by individual production lots or discrete quantities is needed.
- B. It is recommended for products with a long production time.
- C. It is used when you perform repetitive manufacturing.
- D. It is used when full cost traceability is needed.
Answer: A,D
NEW QUESTION # 32
You want to setup integrated planning for your internal order. What do you need to do? Note: There are 2 correct answers to this question.
- A. Set the relevant indicators in the CO version.
- B. Set the relevant indicator in the controlling area.
- C. Set the relevant indicator in the internal order master record.
- D. Set the relevant indicator in the planning profile of the order type.
Answer: A,C
NEW QUESTION # 33
Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.
- A. Costing variant for preliminary costing
- B. Result Analysis (RA) Version
- C. Result Analysis (RA) key
- D. Variance variant
Answer: A,C
NEW QUESTION # 34
Which of the following values can be calculated using result analysis? Note: There are 3 correct answers to this question.
- A. Cost of goods manufactured
- B. Reserves for unrealized costs
- C. Cost of sales
- D. Work in progress
- E. Gross margin
Answer: B,C,D
NEW QUESTION # 35
You have implemented Product Cost by Sales Oder 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 cost=1000
What data does the system calculate during results analysis?
- A. "Revenue = 1200; Cost of sales = 1000; Revenue surplus =200"
- B. "Revenue = 1500; Cost of sales = 1000; Revenue surplus =300"
- C. "Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300"
- D. "Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200"
Answer: C
NEW QUESTION # 36
You want to maintain a cost component structure. What can you determine for each cost component? Note:
There are 3 correct answers to this question.
- A. Assignment of cost component of cost component group
- B. Assignment of cost component to calculation base for overheads in costing sheet
- C. Relevance of cost component to goods manufactured
- D. Relevance of cost component to inventory valuation
- E. Relevance of cost component to results analysis
Answer: A,C,D
NEW QUESTION # 37
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.
- A. Valid cost center categories
- B. Activity type category
- C. Company code
- D. Price indicator
- E. CO version
Answer: A,B,D
NEW QUESTION # 38
How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. Use separate currency types within the same ledger for each valuation.
- B. Use separate ledgers for each valuation.
- C. Use separate CO versions for each valuation.
- D. Use separate segments for each valuation.
Answer: B,C
NEW QUESTION # 39
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?
- A. Periodic reporting
- B. Budget availability control
- C. Accrual calculation
- D. Indirect activity allocation
Answer: C
NEW QUESTION # 40
Which setting in the cost center master data do you use to assign the same attributes to similar cost center?
- A. Object class
- B. Cost center category
- C. Cost center type
- D. Standard hierarchy node
Answer: B
NEW QUESTION # 41
How do you maintain number range intervals in Controlling?
- A. By document type
- B. By cost element category
- C. By account type
- D. By business transactions
Answer: D
NEW QUESTION # 42
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