C_TS4CO_2021 Exam Training Practice Tests (SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021))]

Question 1

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

A. Assessment B. Distribution C. Periodic reposting D. Direct activity allocation

Correct Answer: A

Question 2

Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.

A. Current cost estimate of all the materials in all controlling area B. Product cost collector cost estimate in one plant C. Standard cost estimate of all the materials in all plants of a controlling area D. Inventory cost estimate of all the materials in one plant

Correct Answer: B,D

Question 3

Which field can you select for both reporting in costing based and account-based Profitability Analysis?

A. Value in Controlling Area Currency B. Cost element C. Record type D. Version

Correct Answer: D

Question 4

You are setting up a direct internal activity allocation in SAP S4/HANA. What is valid receivers for the activity? Note: There are 3 correct answers to this question.

A. WBS element B. Internal order C. Sales order item D. General ledger account E. Profit center

Correct Answer: A,B,C

Question 5

You are configuring internal order settlement. What do you define which cost element should be settled, using either the original settlement cost elements?

A. Settlement rule B. Credit component (of the costing sheet) C. Allocation structure D. Settlement profile

Correct Answer: C

Question 6

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

A. Cost center accounting B. Account-based profitability analysis C. Product cost accounting D. General ledger accounting

Correct Answer: D

Question 7

Which statements best describes a single cost center standard hierarchy?

A. It is a structure to which all the cost centers within a controlling area are assigned. B. It is a structure to which all cost center groups created within an operating concern are assigned. C. It is a structure to which all cost center groups create for a controlling area are assigned. D. It is a structure to which all the cost centers within an operating concern are assigned.

Correct Answer: A

Question 8

How do you maintain number range intervals in Controlling?

A. By document type B. By account type C. By business transactions D. By cost element category

Correct Answer: C

Question 9

How can you populate local variables in Profitability Analysis reports?

A. By Business Add-In B. By populating from user parameters C. By user exit D. By user entry during report execution

Correct Answer: D

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