C_TS4CO_2020 Online Practice Questions and Answers

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

A. Product cost accounting

B. General ledger accounting

C. Account-based profitability analysis

D. Cost center accounting

Which setting in the cost center master data do you use to assign the same attributes to similar cost center?

A. Cost center category

B. Cost center type

C. Object class

D. Standard hierarchy node

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 using overall plan value

B. The availability of funds according to tolerance limits

C. The availability of funds in object currency

D. The availability of funds on period level

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. CO version

B. Valid cost center categories

C. Company code

D. Price indicator

E. Activity type category

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; Reserve = 200

C. Revenue = 1200; Cost of sales = 1000; WIP = 200

D. Revenue = 1200; Cost of sales = 800; WIP = 200

How can you populate local variables in Profitability Analysis reports?

A. By populating from user parameters

B. By user exit

C. By Business Add-In

D. By user entry during report execution

Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? Note: There are 2 correct answers to this question.

A. It can be overwritten in the application.

B. It can be defined for postings on general ledger accounts of secondary costs type.

C. It takes precedence over validation and substitution.

D. It can be defined for postings on general ledger accounts of primary costs type.

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

A. Inventory cost estimate of all the materials in one plant

B. Standard cost estimate of all the materials in all plants of a controlling area

C. Current cost estimate of all the materials in all controlling area

D. Product cost collector cost estimate in one plant

You create a new profit center. Which company code(s) is it assigned to by default?

A. All company codes where profit center accounting is activated.

B. All company codes maintained in your authorization profile.

C. All company codes within the controlling area.

D. All company codes to which the profit center standard hierarchy is assigned to.

Which statements are relevant to the cost of sales accounting method in profitability management? Note: There are 2 correct answers to this question.

A. It presents the costs and revenues information in a format that is ideal for conducting margin analyses.

B. It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities.

C. It aims to summarize activity and situational change for a given organizational unit over a period of time.

D. It aims to match revenues for goods and services against sales-related expenses.

You are considering using commitment management with internal orders. What do you need to do in the configuration?

A. Activate commitment management in both the controlling area and the order type.

B. Activate commitment management in the controlling area, the order type, and in individual internal order master data.

C. Activate commitment management in both the version and the order type.

D. Activate commitment management only in the controlling area.

How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.

A. Secondary costs are captured as secondary cost element, and not as general ledger accounts.

B. Primary and secondary costs are captured in general ledger accounts.

C. All primary and secondary costs are captured by creating them as cost elements.

D. Only primary costs are captured in general ledger accounts.

Why would you use manual cost allocation in Controlling? Note: There are 2 correct answers to this question.

A. To run simple allocations of actual data

B. To run simple allocations of plan data

C. To correct secondary postings

D. To allocate costs using an allocation cycle

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. Profit center

B. WBS element

C. Sales order item

D. Internal order

E. General ledger account

How does the system derive the requirement type from the material master data? Note: There are 2 correct answers to this question.

A. MRP group -> requirements class -> planning strategy -> requirements type

B. MRP group -> Strategy group -> planning strategy -> requirements type

C. Strategy group -> planning strategy -> requirements class -> requirements type

D. Strategy group -> planning strategy -> requirements type