SAP Certified Application Associate C_TS4CO_2021 Dumps | Updated Dec 16, 2024 - ITExamDownload
Master 2024 Latest The Questions SAP Certified Application Associate and Pass C_TS4CO_2021 Real Exam!
SAP C_TS4CO_2021 certification exam covers various topics such as cost center accounting, product costing, profitability analysis, internal orders, and integration with other SAP modules. C_TS4CO_2021 exam is based on the latest version of SAP S/4HANA, and it tests the candidates' ability to work with the software efficiently and effectively. C_TS4CO_2021 exam consists of 80 multiple-choice questions, and the candidate must score at least 65% to pass.
To prepare for the SAP C_TS4CO_2021 exam, candidates can take advantage of SAP's recommended training courses, including the SAP S/4HANA Management Accounting Academy and the SAP S/4HANA Management Accounting - Configuration and Use. Additionally, candidates can take practice exams to assess their readiness for the certification exam.
NEW QUESTION # 46
At which level do you define the valuation method for results analysis?
- A. Operating concern
- B. Controlling area
- C. Company code
- D. Plant
Answer: B
NEW QUESTION # 47
You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA?
- A. Reporting can be either broad and deep for analysis, or speedy and simple, but not both.
- B. Reporting analytical data is always done in a business warehouse system.
- C. Reporting on data in real time is difficult, and complex to design.
- D. Reporting on data is available in real-time at every level of detail.
Answer: D
NEW QUESTION # 48
How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. Use separate CO versions for each valuation.
- B. Use separate ledgers for each valuation.
- C. Use separate segments for each valuation.
- D. Use separate currency types within the same ledger for each valuation.
Answer: A,B
NEW QUESTION # 49
You have implemented Product Cost by Sales Oder in conjunction with revenue-based 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 costs = 1000
What data does the system calculate during results analysis?
- A. Revenue = 1200; Cost of sales = 800; Reserve = 200
- B. Revenue = 1200; Cost of sales = 1000; WIP = 200
- C. Revenue = 1200; Cost of sales = 1000; Reserve = 200
- D. Revenue = 1200; Cost of sales = 800; WIP = 200
Answer: D
NEW QUESTION # 50
How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?
- A. By defining the characteristic value in the check table
- B. By defining the characteristic value as a value field
- C. By defining the characteristic value as a key figure
- D. By defining the characteristic value in the field catalog
Answer: A
NEW QUESTION # 51
You create alternative CO versions for your controlling area, in addition to version 0. What would you use additional CO versions for? Note: There are 2 correct answers to this question.
- A. To store different budget data
- B. To store different plan data
- C. To store data of parallel valuation
- D. To store data of alternative plan costing runs
Answer: B,C
NEW QUESTION # 52
In a standard system delivery, how many free characteristics can be added to an operating concern?
- A. 71-100
- B. Over 150
- C. 0-70
- D. 101-150
Answer: C
NEW QUESTION # 53
What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question.
- A. Activity type
- B. Cost centers
- C. Statistical key figures
- D. Cost element
Answer: A,B
NEW QUESTION # 54
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. Assignment of cost component of cost component group
- D. Assignment of cost component to calculation base for overheads in costing sheet
- E. Relevance of cost component to inventory valuation
Answer: A,C,E
NEW QUESTION # 55
What are some of the unique attributes of an assessment cycle in Controlling? Note: There are 2 correct answers to this question.
- A. They use the original cost element during transfer
- B. They transfer primary and secondary costs.
- C. They use a secondary cost element during transfer.
- D. They transfer only primary costs.
Answer: B,C
NEW QUESTION # 56
Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question.
- A. It is used when periodic costs outweigh daily postings.
- B. It is used in conjunction with a product cost collector.
- C. It is used when the focus of controlling is on a stable and continuous production process.
- D. It is used to analyze work in process (WIP) based on actual costs.
Answer: B,C
NEW QUESTION # 57
You have activated budget availability control against the overall value for an internal order and entered an overall budget of 10000.
Actuals of 10000 were posted in the previous year.
You are surprised to realize that a purchase order 1000 was created for this internal order in the current year.
How is that possible?
Note: There are 2 correct answers to this question.
- A. The cost element is exempted from budget availability control.
- B. The purchase order was entered in a different year than the budget.
- C. The difference of 1000 is within the tolerance limits defined in the configuration.
- D. The purchase order has NOT generated a budget yet.
Answer: A,C
NEW QUESTION # 58
Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.
- A. It uses core data services (CDS ) views to create virtual data models (VDMs ) for reporting.
- B. It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.
- C. It is the core SAP S4/HANA license and users the same technical stack and user interface.
- D. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analysis Tools for reporting.
Answer: A,C
NEW QUESTION # 59
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.
- A. By marking the cost indicator in the control key assigned to the operation
- B. By assigning a cost center to the work center in the operation
- C. By marking the Relevance to Costing indicator in the operation
- D. By defining a usage key in the header of the routing.
Answer: A,C
NEW QUESTION # 60
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 indicator in the internal order master record.
- B. Set the relevant indicators in the CO version.
- C. Set the relevant indicator in the planning profile of the order type.
- D. Set the relevant indicator in the controlling area.
Answer: A,B
NEW QUESTION # 61
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. Company code
- C. CO version
- D. Activity type category
- E. Price indicator
Answer: A,D,E
NEW QUESTION # 62
What can you do with statistical internal orders?
- A. Transfer posting to another internal order.
- B. Apply overhead rates to the internal order.
- C. Simultaneously post to a cost center.
- D. Settle costs to a cost center.
Answer: C
NEW QUESTION # 63
How can you populate local variables in Profitability Analysis reports?
- A. By Business Add-In
- B. By user exit
- C. By user entry during report execution
- D. By populating from user parameters
Answer: C
NEW QUESTION # 64
You are configuring internal order settlement. What do you define which cost element should be settled, using either the original settlement cost elements?
- A. Credit component (of the costing sheet)
- B. Settlement rule
- C. Settlement profile
- D. Allocation structure
Answer: D
NEW QUESTION # 65
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?
- A. Account-based only
- B. Both account-based and costing-based
- C. Costing-based only
- D. Periodic-accounting based
Answer: A
NEW QUESTION # 66
What can you manage via the account assignment category? Note: There are 2 correct answers to this question.
- A. Valuation of separate sales order stock
- B. Costing variant
- C. Product cost by sales order
- D. Separate sales order stock
Answer: A,D
NEW QUESTION # 67
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 you perform repetitive manufacturing.
- B. It is recommended for products with a long production time.
- C. It is used when full cost traceability is needed.
- D. It is used when controlling by individual production lots or discrete quantities is needed.
Answer: C,D
NEW QUESTION # 68
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SAP C-TS4CO-2021 certification exam is ideal for professionals who want to enhance their career in the field of accounting and finance. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification is recognized globally and is highly valued by many organizations. It is an excellent way to demonstrate your expertise in SAP S/4HANA for Management Accounting Associates and differentiate yourself from other professionals in the field.
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