SAP C_TS4CO_2023 Practice Test - Questions Answers, Page 2
List of questions
Question 11
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Which parameters are controlled by the costing type in a costing variant?
Note: There are 2 correct answers to this question.
Costing sheet
Save with date key
Price updates
Price for materials
Explanation:
In SAP S/4HANA, the costing type in a costing variant specifies parameters like date key for saving costs and price updates, allowing businesses to manage cost calculations over different periods and adjust for price changes.
Question 12
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You are setting up a direct internal activity allocation in SAP S/4HANA.
What are valid receivers for the activity?
Note: There are 3 correct answers to this question.
Sales order item
Internal order
Profit center
General ledger account
WBS element
Explanation:
Direct internal activity allocation in SAP S/4HANA allows activities to be assigned to specific cost objects such as sales order items, internal orders, and WBS elements, enabling accurate tracking of resources and costs associated with these activities.
Question 13
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Which field can you select for both reporting in costing-based and account-based Profitability Analysis?
Record type
Cost element
Version
Value in Controlling Area Currency
Explanation:
The cost element is a versatile field used in both costing-based and account-based Profitability Analysis, providing detailed insights into cost flows across different dimensions in SAP S/4HANA.
Question 14
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Which of the following values can be calculated using results analysis?
Note: There are 3 correct answers to this question.
Gross margin
Reserves for unrealized costs
Work in progress
Cost of goods manufactured
Cost of sales
Explanation:
SAP S/4HANA's results analysis functionality calculates values like reserves for unrealized costs, work in progress, and cost of sales, providing a comprehensive view of ongoing projects and inventory status. This helps businesses manage financial outcomes and profitability better.
Question 15
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You want to set up integrated planning for your internal orders.
Note: There are 2 correct answers to this question.
Set the relevant indicator in the controlling area.
Set the relevant indicator in the CO version.
Set the relevant indicator in the planning profile of the order type.
Set the relevant indicator in the internal order master record.
Explanation:
To activate integrated planning for internal orders in SAP S/4HANA, you need to set indicators in both the CO version and the internal order master record. This setup allows for the integration of budget and actuals for better planning and tracking within Management Accounting.
Question 16
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In the Product Cost by Order process, what does the system calculate depending on the order status?
WIP at target costs or variances
Both WIP and variances or only variances
WIP at actual costs or variances
WIP at percentage of completion (PoC) method or variances
Explanation:
In the Product Cost by Order process, the system calculates Work In Process (WIP) at target costs or variances based on the order status, enabling precise cost tracking until the order is completed and settled.
Question 17
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For which objects can you enter statistical key figures?
Note: There are 3 correct answers to this question.
Functional areas
Cost elements
WBS elements
Cost centers
Internal orders
Explanation:
Statistical key figures can be entered for cost elements, cost centers, and internal orders in SAP S/4HANA, which serve as basis quantities in allocation cycles to distribute costs across various dimensions.
Question 18
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What are some of the characteristics of SAP Core Data Services (CDS) views?
Note: There are 3 correct answers to this question.
CDS views duplicate data for reporting efficiencies.
CDS views are considered system modifications.
CDS views support authorizations.
CDS views have ready-to-use content.
CDS views have no latency.
Explanation:
CDS views in SAP S/4HANA offer real-time access to data (no latency) and come with ready-to-use content. They also support authorizations, ensuring data security within reporting frameworks.
Question 19
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You are running an indirect activity allocation.
What do you post to the sender and receiver?
You post both quantity and cost to the sender, and cost only to the receiver.
You post quantity and cost to both the sender and receiver.
You post both quantity and cost to the receiver, and cost only to the sender.
You post only cost to both the sender and receiver.
Explanation:
In SAP S/4HANA, an indirect activity allocation posts both quantity and cost to both sender and receiver, allowing for accurate tracking and balancing of activity quantities and associated costs.
Question 20
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How can you configure the transfer price solution in SAP S/4HANA?
Note: There are 2 correct answers to this question.
Use separate segments for each valuation.
Use separate material ledgers for each valuation.
Use separate ledgers for each valuation.
Use separate currency types within the same ledger for each valuation.
Explanation:
SAP S/4HANA supports transfer pricing configurations using separate ledgers or distinct currency types within the same ledger. This setup allows for multiple valuations within legal, group, and profit center reporting standards.
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