Ask Question
C_TS4CO_2023: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting
SAP
Exam Questions:
80
.png)
2.370 Learners
Exam Number: C_TS4CO_2023
Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting
Length of test: 180 mins
Exam Format: Multiple-choice questions.
Exam Language: English
Number of questions in the actual exam: 80 questions
Passing Score: 59% (47 out of 80 questions).
Topics Covered:
-
Cost Center Accounting (11% - 20%)
-
Product Cost Planning (11% - 20%)
-
Profitability Analysis (11% - 20%)
-
Cost Object Controlling (11% - 20%)
-
Reporting (≤ 10%)
-
Organizational Assignments and Process Integration (≤ 10%)
This study guide should help you understand what to expect on the C_ACT_2403 exam and includes a summary of the topics the exam might cover and links to additional resources. The information and materials in this document should help you focus your studies as you prepare for the exam.
Related questions
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?
Unlock Premium Member
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.
Requirement type
Valuation variant
Account assignment category
Requirements class
Costing type
Explanation:
To ensure costs are collected at the sales order item level, you need to check settings for the requirement type, account assignment category, and requirements class in SAP S/4HANA, which determine how and where costs are tracked and assigned.
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.
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.
To which object do you assign a costing sheet?
Cost component structure
Valuation variant
Costing type
Costing variant
Explanation:
In SAP S/4HANA, costing sheets are assigned to valuation variants (option B), which define the parameters for cost estimates, including indirect costs and overheads. This is essential for accurate cost analysis and financial reporting.
You configure the commitment management solution for cost centers and projects in your SAP S/4HANA system.
Which documents can create commitments against the budget?
Purchase order for purchasing a car with direct capitalization
Purchase requisition for purchasing office materials
Goods receipt for production material stock
Invoice for project-related travel expenses
Explanation:
Purchase requisitions create commitments against budgeted amounts in SAP S/4HANA. This step allows tracking anticipated expenses, ensuring budgets are not exceeded when actual costs are incurred.
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.
The availability of funds in object currency
The availability of funds on a period level
The availability of funds using overall plan value
The availability of funds according to tolerance limits
Explanation:
Budget availability control in SAP S/4HANA allows checking funds based on overall plan value (option C) and tolerance limits (option D). These checks ensure effective budget management across projects and internal orders.
You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for?
Note: There are 3 correct answers to this question.
To define the user status
To define users for the order
To set the initial status as Created or Released
To permit or forbid specific transactions
To activate the CO partner update
Explanation:
A status profile allows you to define initial statuses (option C) and control specific transactions (option D). Additionally, it helps set order-specific rules for users (option B). These functions enable better control over internal order processing in SAP S/4HANA.
You are working in the machinery industry, and you consider implementing cost center budget management. Which functions are available for cost center budget management?
Note: There are 2 correct answers to this question.
Question