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  • Exam Name: SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020)
  • Last Update: Oct 15, 2021
  • Questions and Answers: 180
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C_TS4CO_2020 SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) Questions and Answers

Question # 4

Which receiver must be allowed in the settlement profil of a product cost collector?

A.

Material

B.

Cost center

C.

Business process

D.

Order

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Question # 5

When you create a planning layout, whih objects can you use to define the data columns ? 3 Answers

A.

Distribution key

B.

Characteristics

C.

Formulas

D.

Value fields

E.

Summarization level

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Question # 6

Which statement best describes a cost center standard hierarchy?

A.

It is grouped together with alternative hierarchies to represent decision control andrepsonsability units

B.

It is a structure to which all the cost centers within a controlling area are assigned

C.

It represents an organization unit in SAP S/4HANA where the costs and revenues are incurred and reported

D.

It enables you to assign the sameattributes to similar cost centers within a controlling area

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Question # 7

When you create a profit center, what company code(s) is it assigned to by default ?

A.

All company codes where profit center is activated

B.

All company codes, irrespective of controlling area

C.

All company codes within the operating concern

D.

All company codes within the controlling area

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Question # 8

You post a billing document in Sales and Distribution (SD). What data flowsto profit center accounting? 3 answers

A.

Order quantity

B.

Sales deductions

C.

Revenues

D.

Accruals

E.

Payment discount

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Question # 9

Which of the following steps are part of the procedure to update the standard price of the material ? 2 answers

A.

Split the cost

B.

Archive the cost estimates

C.

Release the cost estimate

D.

Mark the cost estimate

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Question # 10

In the materialmaster record there are three planned prices. What do you use them for? 1 Answer

A.

To valuate goods movement

B.

To valuate the materials in cost estimates

C.

To valuate material stocks

D.

To update the standard price during the release of a standardcost estimate

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Question # 11

Which activities can you perform while you create cost centerhierarchies? There are 2 correct answers to this question

A.

Reassign a cost center to another node of the standard hierarchy.

B.

Assign a standard hierarchy to several controlling areas.

C.

Create a cost center without specifying a standard hierarchy

D.

Append nodes and cost centers to a node of the standard hierarchy.

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Question # 12

What can you define for a user status in the status profile?

A.

The order types for which a user status is valid

B.

The versions for which you can enter plan data

C.

The business user IDs authorized to change the userstatus

D.

The assigned user status after a business transaction is executed

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Question # 13

Which currency types can you use for costing-based CO-PA? There are TWO correct answers for this question

A.

Operating concern currency

B.

Controlling area currency

C.

Company code currency

D.

Group currency

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Question # 14

For which of the following situations would you need to implement the transfer price solution inSAP S4/HANA ?

A.

Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles

B.

Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit centervaluation

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

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Question # 15

You use a production order with product Cost by period and you entered a result analysis key and variance key. How does the system calculate variances in product Cost by Period ?

A.

Variances = Target costs - Delivery value

B.

Variances = Actual costs - Delivery value

C.

Variances = Actual costs - Delivery value - WIP

D.

Variances = Target costs - Delivery value - WIP

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Question # 16

When trying to assign a profit center to a new cost center, you receive an error. What can cause this error?

A.

The profit center has already been assigned to a different cost center

B.

The validity period of the cost center is shorter than that of the profit center

C.

The lock indicator is activated in the profit center master record

D.

The validity period of the profit center is shorter than that of the cost center

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Question # 17

You want to create alternative plan versions for yourcontrolling area, in addition to version 000. What would you use additional CO versions for? 2 answers

A.

To store actual-plan variance

B.

To store parallel valuation

C.

To store different plan data

D.

To store different budget data

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Question # 18

You define rules in a status profile and assign the profile to your internal order type. What do youuse the status profile for? 3 Answers

A.

To set the initial status as Created or Released

B.

To activate the CO partner update

C.

To define the user status

D.

To permit or forbid specific transactions

E.

To define users for the order

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Question # 19

Which management accounting currencies can you use for evaluation when you use crosscompany-cocie cost accounting? There are THREEcorrect answers for this question

A.

Controlling area currency

B.

Reference currency

C.

Company code currency

D.

Object currency

E.

Transaction currency

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Question # 20

For which revenue carrying cost objects does the system perform results analysis? There are 3 correct answers to this question.

A.

Work breakdown structure

B.

Customerservice orders

C.

Business processes

D.

Internal order

E.

Cost center

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Question # 21

When you configure period-end closing, which accrual calculations methods can you use? There are TWO correct answers for this question

A.

Statistical key figure

B.

Percentage

C.

Template

D.

Target equals actual

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Question # 22

What values flow from Sales and Distribution billing to costing-based Profitability Analysis? 2 answers

A.

Sales deductions

B.

Revenue

C.

Maintenanceoverhead costs

D.

Accrued production overhead

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Question # 23

Where can you adjust the automatic account assignment? There are TWO correct answers for this question

A.

Cost center (TA:KS01)

B.

Substitution (TA: GGB1)

C.

G/L account (TA: FS00)

D.

Default account assignment (TA: OKB9)

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Question # 24

In which SAP S/4HANA components can you analyze the results of the results analysis? There are 3 correctanswers to this question.

A.

Sales and distribution

B.

Profitability analysis

C.

Inventory management

D.

Profit center accounting

E.

Financial accounting

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Question # 25

What do you use to map the primary cost component split to the production cost component structure?

A.

Assignment scheme

B.

Transfer structure

C.

Cost Component groups

D.

Allocation structure

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Question # 26

Which tasks can you perform on a production order in a make-to-order scenario with valuated stock? There are TWO correct answers for this question

A.

Calculate production variances

B.

Settle the variances to CO-PA

C.

Transfer reserves for realized costs

D.

Perform results analysis

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