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SAP C_TS4CO_2023 Practice Test - Questions Answers, Page 2

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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.

A.

Costing sheet

A.

Costing sheet

Answers
B.

Save with date key

B.

Save with date key

Answers
C.

Price updates

C.

Price updates

Answers
D.

Price for materials

D.

Price for materials

Answers
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.

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.

A.

Sales order item

A.

Sales order item

Answers
B.

Internal order

B.

Internal order

Answers
C.

Profit center

C.

Profit center

Answers
D.

General ledger account

D.

General ledger account

Answers
E.

WBS element

E.

WBS element

Answers
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.

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

A.

Record type

A.

Record type

Answers
B.

Cost element

B.

Cost element

Answers
C.

Version

C.

Version

Answers
D.

Value in Controlling Area Currency

D.

Value in Controlling Area Currency

Answers
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.

Which of the following values can be calculated using results analysis?

Note: There are 3 correct answers to this question.

A.

Gross margin

A.

Gross margin

Answers
B.

Reserves for unrealized costs

B.

Reserves for unrealized costs

Answers
C.

Work in progress

C.

Work in progress

Answers
D.

Cost of goods manufactured

D.

Cost of goods manufactured

Answers
E.

Cost of sales

E.

Cost of sales

Answers
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.

You want to set up integrated planning for your internal orders.

Note: There are 2 correct answers to this question.

A.

Set the relevant indicator in the controlling area.

A.

Set the relevant indicator in the controlling area.

Answers
B.

Set the relevant indicator in the CO version.

B.

Set the relevant indicator in the CO version.

Answers
C.

Set the relevant indicator in the planning profile of the order type.

C.

Set the relevant indicator in the planning profile of the order type.

Answers
D.

Set the relevant indicator in the internal order master record.

D.

Set the relevant indicator in the internal order master record.

Answers
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.

In the Product Cost by Order process, what does the system calculate depending on the order status?

A.

WIP at target costs or variances

A.

WIP at target costs or variances

Answers
B.

Both WIP and variances or only variances

B.

Both WIP and variances or only variances

Answers
C.

WIP at actual costs or variances

C.

WIP at actual costs or variances

Answers
D.

WIP at percentage of completion (PoC) method or variances

D.

WIP at percentage of completion (PoC) method or variances

Answers
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.

For which objects can you enter statistical key figures?

Note: There are 3 correct answers to this question.

A.

Functional areas

A.

Functional areas

Answers
B.

Cost elements

B.

Cost elements

Answers
C.

WBS elements

C.

WBS elements

Answers
D.

Cost centers

D.

Cost centers

Answers
E.

Internal orders

E.

Internal orders

Answers
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.

What are some of the characteristics of SAP Core Data Services (CDS) views?

Note: There are 3 correct answers to this question.

A.

CDS views duplicate data for reporting efficiencies.

A.

CDS views duplicate data for reporting efficiencies.

Answers
B.

CDS views are considered system modifications.

B.

CDS views are considered system modifications.

Answers
C.

CDS views support authorizations.

C.

CDS views support authorizations.

Answers
D.

CDS views have ready-to-use content.

D.

CDS views have ready-to-use content.

Answers
E.

CDS views have no latency.

E.

CDS views have no latency.

Answers
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.

You are running an indirect activity allocation.

What do you post to the sender and receiver?

A.

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

A.

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

Answers
B.

You post quantity and cost to both the sender and receiver.

B.

You post quantity and cost to both the sender and receiver.

Answers
C.

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

C.

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

Answers
D.

You post only cost to both the sender and receiver.

D.

You post only cost to both the sender and receiver.

Answers
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.

How can you configure the transfer price solution in SAP S/4HANA?

Note: There are 2 correct answers to this question.

A.

Use separate segments for each valuation.

A.

Use separate segments for each valuation.

Answers
B.

Use separate material ledgers for each valuation.

B.

Use separate material ledgers for each valuation.

Answers
C.

Use separate ledgers for each valuation.

C.

Use separate ledgers for each valuation.

Answers
D.

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

D.

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

Answers
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.

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