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SAP C_TS4CO_2023 Practice Test - Questions Answers, Page 5

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

A.

Account-based profitability analysis

A.

Account-based profitability analysis

Answers
B.

General ledger accounting

B.

General ledger accounting

Answers
C.

Product cost accounting

C.

Product cost accounting

Answers
D.

Cost center accounting

D.

Cost center accounting

Answers
Suggested answer: A

Explanation:

Profit center allocations are managed within account-based profitability analysis in SAP S/4HANA, ensuring alignment of profitability and cost management with financial accounting.

How do you maintain number range intervals for documents in Controlling?

Note: There are 2 correct answers to this question.

A.

By client

A.

By client

Answers
B.

By business transactions

B.

By business transactions

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C.

By document type

C.

By document type

Answers
D.

By controlling area

D.

By controlling area

Answers
Suggested answer: B, D

Explanation:

Number range intervals in SAP S/4HANA are maintained by business transactions and controlling area, allowing document numbering to be systematically organized and controlled within specific areas and transaction types.

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

A.

Margin analysis

A.

Margin analysis

Answers
B.

Combined profitability analysis

B.

Combined profitability analysis

Answers
C.

Costing-based

C.

Costing-based

Answers
D.

Both margin analysis and costing-based

D.

Both margin analysis and costing-based

Answers
Suggested answer: A

Explanation:

Margin analysis in SAP S/4HANA updates the cost of goods sold (COGS) at delivery, aligning profitability reporting more closely with revenue recognition. This enables timely and accurate COGS updates tied to actual deliveries.

Which statements are relevant to the cost of sales accounting method in profitability management?

Note: There are 2 correct answers to this question.

A.

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

A.

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

Answers
B.

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

B.

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

Answers
C.

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

C.

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

Answers
D.

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

D.

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

Answers
Suggested answer: A, B

Explanation:

The cost of sales accounting method in SAP S/4HANA is used to present revenues alongside sales-related expenses, facilitating margin analysis and providing a clear picture of profitability directly related to sales.

What are some of the characteristics of planning for internal orders?

Note: There are 2 correct answers to this question.

A.

Availability control can check against plan values.

A.

Availability control can check against plan values.

Answers
B.

You can enter costs and revenues.

B.

You can enter costs and revenues.

Answers
C.

You can plan multiple versions.

C.

You can plan multiple versions.

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D.

You can define tolerance limits for plan overspend.

D.

You can define tolerance limits for plan overspend.

Answers
Suggested answer: B, D

Explanation:

In SAP S/4HANA Cloud, Private Edition, planning for internal orders allows users to enter both costs and revenues (option B) and set tolerance limits to control overspending (option D). This functionality is part of cost center and internal order management under SAP's Management Accounting module, where cost planning and availability checks can help manage resource allocation for specific projects or internal activities.

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

A.

Variance variant

A.

Variance variant

Answers
B.

Settlement profile

B.

Settlement profile

Answers
C.

Profitability Analysis (PA) transfer structure

C.

Profitability Analysis (PA) transfer structure

Answers
D.

Valuation variant

D.

Valuation variant

Answers
Suggested answer: D

Explanation:

The valuation variant (option D) is required to configure the work in process (WIP) calculation in Product Cost by Period. The valuation variant determines the costing strategy and defines which costs are included in the WIP calculation, essential for accurate inventory valuation and profitability analysis in SAP S/4HANA Management Accounting.

What can you do with statistical internal orders?

Note: There are 2 correct answers to this question.

A.

Perform budget availability control.

A.

Perform budget availability control.

Answers
B.

Simultaneously post to a cost center.

B.

Simultaneously post to a cost center.

Answers
C.

Settle to a CO-PA segment.

C.

Settle to a CO-PA segment.

Answers
D.

Perform results analysis.

D.

Perform results analysis.

Answers
Suggested answer: B, D

Explanation:

Statistical internal orders in SAP S/4HANA are used mainly for reporting and monitoring purposes, allowing postings simultaneously to both the internal order and a cost center (option B). Additionally, they can be used to perform results analysis (option D) for budgeting and cost tracking in Management Accounting. Statistical orders cannot be settled, as they are primarily for information purposes.

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?

A.

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

A.

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

Answers
B.

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

B.

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

Answers
C.

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

C.

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

Answers
D.

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

D.

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

Answers
Suggested answer: D

Explanation:

In Product Cost by Sales Order, the results analysis calculates values based on actual performance and the cost-based percentage of completion. Given the parameters, the system would calculate capitalized revenue at 300 for unbilled sales (option D), in alignment with SAP's Management Accounting and Revenue Recognition principles.

To which objects can you settle an internal order using cost elements with cost element category 21 (internal settlement)?

Note: There are 3 correct answers to this question.

A.

General ledger account

A.

General ledger account

Answers
B.

Network

B.

Network

Answers
C.

Sales order item

C.

Sales order item

Answers
D.

WBS element

D.

WBS element

Answers
E.

Asset

E.

Asset

Answers
Suggested answer: B, C, D

Explanation:

Internal orders in SAP can be settled to various cost objects, including networks (option B), sales order items (option C), and WBS elements (option D). These are key objects for cost management, allowing for detailed tracking and settlement in project and order management scenarios.

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.

A.

To be used for reporting purposes

A.

To be used for reporting purposes

Answers
B.

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

B.

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

Answers
C.

To evaluate the materials in cost estimates

C.

To evaluate the materials in cost estimates

Answers
D.

To valuate future goods movements

D.

To valuate future goods movements

Answers
Suggested answer: C, D

Explanation:

Planned prices in SAP are used for evaluating materials in cost estimates (option C) and for the valuation of goods movements (option D). This ensures accurate cost tracking and planning, especially critical in SAP S/4HANA Cloud Private Edition's Management Accounting functionalities.

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