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SAP C_TS4CO_2023 Practice Test - Questions Answers, Page 7

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You are creating a new activity type and want to maintain plan prices for a cost center. Which attributes must you configure in the activity type master record?

Note: There are 3 correct answers to this question.

A.

Output quantity

A.

Output quantity

Answers
B.

CO version

B.

CO version

Answers
C.

Valid cost center categories

C.

Valid cost center categories

Answers
D.

Activity type category

D.

Activity type category

Answers
E.

Price indicator

E.

Price indicator

Answers
Suggested answer: B, C, D

Explanation:

For maintaining plan prices of a cost center, the activity type master record should include the CO version (option B), valid cost center categories (option C), and the activity type category (option D). These attributes ensure accurate cost allocation and pricing within 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.

A.

Budget values import with CSV file

A.

Budget values import with CSV file

Answers
B.

Availability control against monthly budget amount

B.

Availability control against monthly budget amount

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C.

Unused budget carry-forward to next fiscal year

C.

Unused budget carry-forward to next fiscal year

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D.

Budget transfer from source cost center to multiple target cost centers

D.

Budget transfer from source cost center to multiple target cost centers

Answers
Suggested answer: A, D

Explanation:

In SAP S/4HANA, cost center budget management includes the ability to import budget values via CSV (option A) and transfer budgets from one cost center to multiple others (option D). These features support streamlined budget adjustments and allocations, crucial for managing costs in the machinery industry.

Which scenarios can be covered by one single costing run?

Note: There are 2 correct answers to this question.

A.

Standard cost estimate of all the materials in all controlling areas

A.

Standard cost estimate of all the materials in all controlling areas

Answers
B.

Inventory cost estimate of all the materials in one plant

B.

Inventory cost estimate of all the materials in one plant

Answers
C.

Current cost estimate of all the materials in one plant

C.

Current cost estimate of all the materials in one plant

Answers
D.

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

D.

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

Answers
Suggested answer: B, D

Explanation:

A single costing run can handle inventory cost estimates for materials in a single plant (option B) and standard cost estimates for all materials within a controlling area's company codes (option D). This functionality optimizes cost estimations across production locations in SAP S/4HANA.

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

A.

SAP Application Interface Framework

A.

SAP Application Interface Framework

Answers
B.

SAP Integration Suite

B.

SAP Integration Suite

Answers
C.

SAP Business Accelerator Hub

C.

SAP Business Accelerator Hub

Answers
Suggested answer: C

Explanation:

The SAP Business Accelerator Hub (option C) is the platform where users can explore released APIs for various SAP applications, including SAP S/4HANA, facilitating seamless integration and extensibility.

What can you configure in the settlement profile?

Note: There are 2 correct answers to this question.

A.

Determine whether settlement is required.

A.

Determine whether settlement is required.

Answers
B.

Determine an overhead key.

B.

Determine an overhead key.

Answers
C.

Define a number range for settlement documents.

C.

Define a number range for settlement documents.

Answers
D.

Define settlement document type.

D.

Define settlement document type.

Answers
Suggested answer: A, D

Explanation:

In the settlement profile, you can configure whether settlement is required (option A) and define the document type for settlement (option D). These settings are crucial in managing cost flows and ensuring accurate settlements in SAP S/4HANA.

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?

A.

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

A.

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

Answers
B.

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

B.

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

Answers
C.

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

C.

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

Answers
D.

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

D.

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

Answers
Suggested answer: B

Explanation:

SAP S/4HANA provides real-time reporting at every level of detail (option B) by leveraging the Universal Journal, which consolidates various data types, supporting comprehensive and timely data analysis without additional ETL processes.

Which of the following statements best describe Product Cost by Period?

Note: There are 2 correct answers to this question.

A.

It is used to analyze costs by individual production lots.

A.

It is used to analyze costs by individual production lots.

Answers
B.

It is used in conjunction with a product cost collector.

B.

It is used in conjunction with a product cost collector.

Answers
C.

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

C.

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

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D.

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

D.

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

Answers
Suggested answer: B, C

Explanation:

Product Cost by Period (PCP) is typically used with a product cost collector (option B) and is suitable for stable production processes (option C). This method supports continuous cost tracking in repetitive manufacturing scenarios in SAP S/4HANA.

What are some of the characteristics of Profit Center Accounting in SAP S/4HANA?

Note: There are 2 correct answers to this question.

A.

It requires the activation of margin analysis.

A.

It requires the activation of margin analysis.

Answers
B.

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

B.

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

Answers
C.

It is integrated into the universal journal.

C.

It is integrated into the universal journal.

Answers
D.

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

D.

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

Answers
Suggested answer: B, C

Explanation:

Profit Center Accounting in SAP S/4HANA is integrated into the Universal Journal (option C) and supports both period and cost of sales accounting (option B). This integration enables real-time analysis of profitability across different organizational units.

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.

A.

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

A.

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

Answers
B.

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

B.

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

Answers
C.

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

C.

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

Answers
D.

The cost account is exempted from budget availability control.

D.

The cost account is exempted from budget availability control.

Answers
Suggested answer: B, D

Explanation:

The budget availability control allows a purchase order if the amount falls within defined tolerance limits (option B), or if certain cost accounts are exempt (option D). These settings provide flexibility within budget controls for different fiscal years in SAP S/4HANA.

What are some of the objectives of Profitability Analysis?

Note: There are 2 correct answers to this question.

A.

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

A.

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

Answers
B.

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

B.

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

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C.

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

C.

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

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D.

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

D.

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

Answers
Suggested answer: A, C

Explanation:

Profitability Analysis (CO-PA) aims to assess the performance of market segments (option A) and monitor whether sales teams meet their margin targets (option C). This provides valuable insights into product and market profitability for strategic decision-making.

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