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

Account-based profitability analysis

Which type(s) of Profitability Analysis update(s) the cost of goods sold at the time of delivery only?

Combined profitability analysis

Both margin analysis and costing-based

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

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

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

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

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

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

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

What are some of the characteristics of planning for internal orders?Note: There are 2 correct answers to this question.

You can enter costs and revenues.

You can define tolerance limits for plan overspend.

Availability control can check against plan values.

You can enter costs and revenues.

You can plan multiple versions.

You can define tolerance limits for plan overspend.

You want to enable WIP calculation in Product Cost by Period. What do you need to configure?

Profitability Analysis (PA) transfer structure

What can you do with statistical internal orders?Note: There are 2 correct answers to this question.

Simultaneously post to a cost center.

Perform budget availability control.

Simultaneously post to a cost center.

You have implemented Product Cost by Sales Order in conjunction with cost-based POC 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?

Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300

Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200

Revenue = 1200; Cost of sales = 1000; Revenue surplus = 200

Revenue = 1500; Cost of sales = 1000; Revenue surplus = 300

Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300

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?Note: There are 2 correct answers to this question.

To evaluate the materials in cost estimates

To valuate future goods movements

To be used for reporting purposes

To update the standard price at the release of a cost estimate

To evaluate the materials in cost estimates

To valuate future goods movements

What parameters can you set up when defining order types?Note: There are 2 correct answers to this question.

Define default parameters for master record fields

Which model can be used for ABAP cloud-native development?

The ABAP Cloud Development Model

BAP RESTful Application Programming Model

The SAP S/4HANA Cloud Extensibility Model

The ABAP Cloud Development Model

What are characteristics of SAP S/4HANA embedded analytics?Note: There are 2 correct answers to this question.

It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.

It is part of the core SAP S/4HANA license and uses the same technical stack and user interface.

It is hosted on the SAP Cloud Platform and integrates seamlessly with SAP S/4HANA on the Fiori Launchpad.

It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.

It is part of the core SAP S/4HANA license and uses the same technical stack and user interface.

It uses data summarized in SAP BW/4HANA.

Which processes split costs into their primary cost components?Note: There are 2 correct answers to this question.

Business process price calculation

Cost center/activity type price calculation

Business process price calculation

Execution of the assessment cycles

Cost center/activity type price calculation

For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA?

Parallel valuation views of the same logistical flows are needed to differentiate between legal and group valuation.

Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.

Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation.

Parallel costing is needed to calculate separate costs of goods manufactured for different accounting principles.

Parallel valuation views of the same logistical flows are needed to differentiate between legal and group valuation.

You are considering using commitment management with internal orders. Where do you need to activate commitment management?Note: There are 2 correct answers to this question.

In individual internal order master data

Which of the following statements best describe Product Cost by Order?Note: There are 2 correct answers to this question.

It is used when full cost traceability is needed.

It is used when controlling by individual production lots or discrete quantities is needed.

It is recommended for products with a long production time.

It is used when full cost traceability is needed.

It is used when controlling by individual production lots or discrete quantities is needed.

It is used when you perform repetitive manufacturing.

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.

Budget values import with CSV file

Budget transfer from source cost center to multiple target cost centers

Budget values import with CSV file

Availability control against monthly budget amount

Unused budget carry-forward to next fiscal year

Budget transfer from source cost center to multiple target cost centers

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

Inventory cost estimate of all the materials in one plant

Standard cost estimate of all the materials in all company codes of a controlling area

Standard cost estimate of all the materials in all controlling areas

Inventory cost estimate of all the materials in one plant

Current cost estimate of all the materials in one plant

Standard cost estimate of all the materials in all company codes of a controlling area

Which of the following can you use to explore released APIs?

SAP Application Interface Framework

What can you configure in the settlement profile?Note: There are 2 correct answers to this question.

Determine whether settlement is required.

Define settlement document type.

Determine whether settlement is required.

Define a number range for settlement documents.

Define settlement document type.

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?

Reporting on data is available in real-time at every level of detail.

Reporting on data is available in near real-time for aggregated tables.

Reporting on data is available in real-time at every level of detail.

Reporting on data is available in real-time if in conjunction with SAP BW/4HANA.

Reporting on data is available in real-time only for aggregated level of detail.

Which of the following statements best describe Product Cost by Period?Note: There are 2 correct answers to this question.

It is used in conjunction with a product cost collector.

It is used when the focus of controlling is on a stable and continuous production process.

It is used to analyze costs by individual production lots.

It is used in conjunction with a product cost collector.

It is used when the focus of controlling is on a stable and continuous production process.

It is used to analyze work in process (WIP) based on actual costs.

What are some of the characteristics of Profit Center Accounting in SAP S/4HANA?Note: There are 2 correct answers to this question.

It can be used with period and/or cost of sales accounting.

It is integrated into the universal journal.

It requires the activation of margin analysis.

It can be used with period and/or cost of sales accounting.

It is integrated into the universal journal.

It is possible to derive the profit center from the segment in configuration.

You have activated budget availability control against the overall value for an internal order and entered an overall budget of 10000. Actuals of 10000 were posted in the previous year. You are surprised to realize that a purchase order of 1000 was created for this internal order in the current year. How is that possible?Note: There are 2 correct answers to this question.

The difference of 1000 is within the tolerance limits defined in the configuration.

The cost account is exempted from budget availability control.

The purchase order has NOT generated a budget relevant document yet.

The difference of 1000 is within the tolerance limits defined in the configuration.

The purchase order was entered in a different year than the budget.

The cost account is exempted from budget availability control.

What are some of the objectives of Profitability Analysis?Note: There are 2 correct answers to this question.

Provide the company with information on the performance of its market segments.

Allow the company to determine if the sales force achieved their contribution margin goals.

Provide the company with information on the performance of its market segments.

Provide the company with a detailed view of its financial statements by areas of responsibilities.

Allow the company to determine if the sales force achieved their contribution margin goals.

Allow the company to determine standard costs and revenues according to the period accounting method.

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.

Account-based Profitability Analysis must be active.

The type of the general ledger account must be primary cost/revenue or secondary cost.

Account-based Profitability Analysis must be active.

The type of the addressed ledger must be an extension ledger.

Costing-based Profitability Analysis must be active.

The type of the general ledger account must be primary cost/revenue or secondary cost.

How can you populate local variables in Profitability Analysis reports?

By user entry during report execution

By populating from user parameters

By maintaining the configuration

By user entry during report execution

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

All company codes within the controlling area.

The company codes reporting to the same segment.

All company codes with document splitting activated.

The company code of the assigned cost center.

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

To run simple allocations of actual data

To run simple allocations of plan data

To run simple allocations of actual data

To allocate costs using an allocation cycle

You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this?Note: There are 2 correct answers to this question.

By marking the cost indicator in the control key assigned to the operation

By marking the Relevance to Costing indicator in the operation

By assigning a cost center to the work center in the operation

By defining a usage key in the header of the routing

By marking the cost indicator in the control key assigned to the operation

By marking the Relevance to Costing indicator in the operation

You want to use a template to consider overhead during product costing. How do you assign the template to your material?

Using an overhead group and an overhead key

Using a costing key and an overhead key

Using an overhead group and an overhead key

Using an origin group and an overhead group

Using a cost component group and an overhead group

SAP C_TS4CO_2023 Practice Test 2 - Free Online Exam Prep & Questions

Spam

Selling illegal goods, money scams etc.

Hate Speech

Serious attack on a group.

Harassment and bullying

Harassing an individual (including doxing)

Harmful activities

Threatening or glorifying violence or serious harm, including self-harm

Adult content (Consensual)

Nudity/Sexual content

Sexual exploitation and abuse (child safety)

Sexually explicit or suggestive imagery or writing involving minors

Sexual exploitation and abuse (adults and animals)

Sexually explicit or suggestive imagery or writing involving non-consenting adults or non-humans

Plagiarism

Reusing content without attribution (link and blockquotes)

Poorly written

Not in English or has very bad formatting, grammar, and spelling

Inappropriate credential

Author's credential is offensive, spam, or impersonation

Other

Ex. Illegal content, incomplete question...

SAP C_TS4CO_2023 Practice Test 2

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SAP C_TS4CO_2023 Practice Tests

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