C_TS4CO_2023 Exam Training Practice Tests (SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting)]

Question 1

Where do you define which cost elements are used during internal order settlement?

A. Settlement rule B. Derivation rule C. Allocation structure D. Source structure

Correct Answer: D

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Question 2

In the Product Cost by Order process, what does the system calculate depending on the order status?

A. WIP at actual costs or variances B. WIP at percentage of completion (PoC) method or variances C. Both WIP and variances or only variances D. WIP at target costs or variances

Correct Answer: D

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Question 3

You are considering using commitment management with internal orders. Where do you need to activate commitment management?
Note: There are 2 correct answers to this question.

A. In individual internal order master data B. In the version C. In the order type D. In the controlling area

Correct Answer: C,D

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Question 4

You want to set up integrated planning for your internal orders.
Note: There are 2 correct answers to this question.

A. Set the relevant indicator in the planning profile of the order type. 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 CO version.

Correct Answer: C,D

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Question 5

You want to use budget availability control for your projects and internal orders. What can you check using budget availability control?
Note: There are 2 correct answers to this question.

A. The availability of funds on a period level B. The availability of funds using overall plan value C. The availability of funds in object currency D. The availability of funds according to tolerance limits

Correct Answer: B,D

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Question 6

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. Relevance of cost component to goods manufactured B. Relevance of cost component to results analysis C. Relevance of cost component to inventory valuation D. Assignment of cost component to calculation base for overheads in costing sheet E. Assignment of cost component to cost component group

Correct Answer: A,C,D

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Question 7

In SAP S/4HANA, you have decided to activate only account-based profitability analysis for your organization. You want to settle costs and revenue of a sales order item to a profitability segment. What do you need to configure?

A. Cost component structure B. Allocation structure C. A transfer structure D. Source structure

Correct Answer: C

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Question 8

Which of the following can you use to explore released APIs?

A. SAP Business Accelerator Hub B. SAP Application Interface Framework C. SAP Integration Suite

Correct Answer: A

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Question 9

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.

A. The sales order item is assigned to a project. B. The sales order item is a cost object. C. Attributed profitability analysis is activated. D. Costing-based profitability analysis is activated.

Correct Answer: A,D

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