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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

Costing sheet

Save with date key

Save with date key

Price updates

Price updates

Price for materials

Price for materials
Suggested answer: B, C

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.

asked 19/11/2024
Andrey Baturov
39 questions

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

Sales order item

Internal order

Internal order

Profit center

Profit center

General ledger account

General ledger account

WBS element

WBS element
Suggested answer: A, B, E

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.

asked 19/11/2024
Joza Pakledinac
29 questions

Question 13

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Which field can you select for both reporting in costing-based and account-based Profitability Analysis?

Record type

Record type

Cost element

Cost element

Version

Version

Value in Controlling Area Currency

Value in Controlling Area Currency
Suggested answer: B

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.

asked 19/11/2024
Kelvin Galabuzi
37 questions

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

Gross margin

Reserves for unrealized costs

Reserves for unrealized costs

Work in progress

Work in progress

Cost of goods manufactured

Cost of goods manufactured

Cost of sales

Cost of sales
Suggested answer: B, C, E

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.

asked 19/11/2024
Sergio Guerra
43 questions

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 controlling area.

Set the relevant indicator in the CO version.

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 planning profile of the order type.

Set the relevant indicator in the internal order master record.

Set the relevant indicator in the internal order master record.
Suggested answer: B, D

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.

asked 19/11/2024
Alex Bu
45 questions

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

WIP at target costs or variances

Both WIP and variances or only variances

Both WIP and variances or only variances

WIP at actual costs or variances

WIP at actual costs or variances

WIP at percentage of completion (PoC) method or variances

WIP at percentage of completion (PoC) method or variances
Suggested answer: A

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.

asked 19/11/2024
Eric De La Vega
41 questions

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

Functional areas

Cost elements

Cost elements

WBS elements

WBS elements

Cost centers

Cost centers

Internal orders

Internal orders
Suggested answer: B, D, E

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.

asked 19/11/2024
Haider Nassiry
40 questions

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 duplicate data for reporting efficiencies.

CDS views are considered system modifications.

CDS views are considered system modifications.

CDS views support authorizations.

CDS views support authorizations.

CDS views have ready-to-use content.

CDS views have ready-to-use content.

CDS views have no latency.

CDS views have no latency.
Suggested answer: C, D, E

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.

asked 19/11/2024
Jason Coleman
39 questions

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 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 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 both quantity and cost to the receiver, and cost only to the sender.

You post only cost to both the sender and receiver.

You post only cost to both the sender and receiver.
Suggested answer: B

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.

asked 19/11/2024
John Hart
47 questions

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 segments for each valuation.

Use separate material ledgers for each valuation.

Use separate material ledgers for each valuation.

Use separate ledgers for each valuation.

Use separate ledgers for each valuation.

Use separate currency types within the same ledger for each valuation.

Use separate currency types within the same ledger for each valuation.
Suggested answer: C, D

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.

asked 19/11/2024
Luis Morales
30 questions
Total 80 questions
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You are implementing SAP S/4HANA, and you want to run analytical reports off a single data model. How is data reported on in SAP S/4HANA?
You want to understand why costs are collected on the sales order item level. What do you need to check in the configuration? Note: There are 3 correct answers to this question.
You are running an indirect activity allocation. What do you post to the sender and receiver?
Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question.
What can you configure in the settlement profile? Note: There are 2 correct answers to this question.
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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.
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