[Sep 27, 2023] C-TS4CO-2021 Exam Dumps - Try Best C-TS4CO-2021 Exam Questions - BraindumpQuiz
Verified C-TS4CO-2021 exam dumps Q&As with Correct 82 Questions and Answers
Becoming certified in the SAP C_TS4CO_2021 Exam can provide numerous benefits for professionals in the finance and accounting field. Certification demonstrates a candidate's expertise in SAP's S/4HANA platform and provides a competitive advantage in the job market. It can also lead to increased opportunities for career advancement and higher salaries. Overall, the SAP C_TS4CO_2021 Exam is an excellent way for professionals to expand their knowledge and skills in management accounting and SAP's S/4HANA platform.
SAP C_TS4CO_2021 exam consists of 80 multiple-choice questions that must be completed within a time limit of 180 minutes. The questions are designed to test the candidate's understanding of various financial and managerial accounting concepts, as well as their ability to apply these concepts to real-world scenarios. C-TS4CO-2021 exam is available in several languages, including English, German, Japanese, and Chinese.
To prepare for the SAP C-TS4CO-2021 certification exam, SAP offers several training courses and resources, including classroom training, e-learning courses, and certification guides. These resources cover all the topics included in the exam and provide hands-on experience with SAP S/4HANA for management accounting associates. Additionally, SAP offers a certification practice exam that helps candidates assess their readiness for the actual exam.
NEW QUESTION # 11
Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.
- A. Variance variant
- B. Costing variant for preliminary costing
- C. Result Analysis (RA) Version
- D. Result Analysis (RA) key
Answer: B,D
NEW QUESTION # 12
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 data of parallel valuation
- B. To store different plan data
- C. To store data of alternative plan costing runs
- D. To store different budget data
Answer: A,B
NEW QUESTION # 13
You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirements must be fulfilled? Note: There are 2 correct answers to this question.
- A. The type of the general ledger account must be primary cost/revenue or secondary cost.
- B. Account-based Profitability Analysis must be active.
- C. Costing-based Profitability Analysis must be active.
- D. The type of the addressed ledger must be an extension ledger.
Answer: A,B
NEW QUESTION # 14
Which statement best describes the Query Browser for reporting?
- A. It is a design studio app that comes as standard SAP Fiori content.
- B. It is available as an additional license product in SAP S/4HANA.
- C. It is a desktop browser that integrates with SAP S/4HANA.
- D. It is the frontend used to define reports in Analysis for Office.
Answer: C
NEW QUESTION # 15
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 period level
- B. The availability of funds according to tolerance limits
- C. The availability of funds in object currency
- D. The availability of funds using overall plan value
Answer: B,C
NEW QUESTION # 16
You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?
- A. Direct activity allocation
- B. Assessment
- C. Distribution
- D. Periodic reposting
Answer: B
NEW QUESTION # 17
In a standard system delivery, how many free characteristics can be added to an operating concern?
- A. 71-100
- B. 0-70
- C. Over 150
- D. 101-150
Answer: B
NEW QUESTION # 18
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 # 19
In which module do you process profit center allocations in SAP S/4HANA?
- A. Product cost accounting
- B. Cost center accounting
- C. Account-based profitability analysis
- D. General ledger accounting
Answer: D
NEW QUESTION # 20
You want to create a new standard cost estimate based on the quantity structure of the existing standard cost estimate. Which object do you use?
- A. Costing version
- B. Transfer control
- C. Reference variant
- D. Costing type
Answer: B
NEW QUESTION # 21
Which parameters are controlled by the costing type in a costing variant? Note: There are 2 correct answers to this question.
- A. Price updates
- B. Price for materials
- C. Save with date key
- D. Costing sheet
Answer: A,C
NEW QUESTION # 22
You want to run an assessment cycle in Profitability Analysis to allocate cost center costs during period-end closing for your organization. Which of the following objects is part of the assessment cycle?
- A. Cycle iteration
- B. Tracing factor
- C. Template
- D. Sender cost objects
Answer: B
NEW QUESTION # 23
What can you do with statistical internal orders?
- A. Simultaneously post to a cost center.
- B. Transfer posting to another internal order.
- C. Apply overhead rates to the internal order.
- D. Settle costs to a cost center.
Answer: A
NEW QUESTION # 24
To which object do you assign a costing sheet?
- A. Costing variant
- B. Transfer control
- C. Valuation variant
- D. Cost component structure
Answer: C
NEW QUESTION # 25
For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.
- A. Functional areas
- B. Cost centers
- C. Internal orders
- D. Profit centers
- E. Cost elements
Answer: B,C,D
NEW QUESTION # 26
To which object can you settle an internal order using cost elements with cost element category 21 (internal settlement)? Note: There are 3 correct answers to this question.
- A. WBS element
- B. Asset
- C. Network
- D. General ledger account
- E. Sales order item
Answer: A,C,E
NEW QUESTION # 27
In the material master record there are three planned prices: ""Planned price 1"", ""Planned price
2""and""Planned price 3"". What do you use them for?
- A. To valuate goods movement
- B. To valuate material stocks
- C. To valuate the materials in cost estimates
- D. To update the standard price during the release of a standard cost estimate
Answer: C
NEW QUESTION # 28
In the Product Cost by Order process, what does the system calculate depending on the order status?
- A. WIP at target costs or variances
- B. WIP at actual costs or variances
- C. WIP at percentage of completion (PoC) method or variances
- D. Both WIP and variances
Answer: B
NEW QUESTION # 29
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 full cost traceability 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 controlling by individual production lots or discrete quantities is needed.
Answer: A,D
NEW QUESTION # 30
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 # 31
You use a production order with Product Cost by Period and you entered a results analysis key and variance key. How does the system calculate variances in Product Cost by Period?
- A. Variances = Actual costs - Delivery value - WIP
- B. Variances = Target costs - Delivery value
- C. Variances = Actual costs - Delivery value
- D. Variances = Target costs - Delivery value - WIP
Answer: A
NEW QUESTION # 32
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