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SAP C_TS4CO_2023 Practice Test - Questions Answers, Page 8

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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.

A.

Account-based Profitability Analysis must be active.

A.

Account-based Profitability Analysis must be active.

Answers
B.

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

B.

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

Answers
C.

Costing-based Profitability Analysis must be active.

C.

Costing-based Profitability Analysis must be active.

Answers
D.

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

D.

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

Answers
Suggested answer: A, D

Explanation:

For deriving profitability segments in the Universal Journal, account-based Profitability Analysis must be activated (option A), and the G/L account should be either primary cost/revenue or secondary cost type (option D). This configuration enables detailed profitability tracking in SAP S/4HANA.

You want to run an assessment cycle in Margin Analysis to allocate costs during period-end closing for your organization. Which of the following objects can be part of the assessment cycle?

A.

Tracing factor

A.

Tracing factor

Answers
B.

Profit center

B.

Profit center

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C.

Source structure

C.

Source structure

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D.

A transfer structure

D.

A transfer structure

Answers
Suggested answer: A

Explanation:

Tracing factors (option A) are used in assessment cycles to allocate costs to appropriate cost objects based on specific metrics. This is essential in SAP S/4HANA Margin Analysis, where costs need to be allocated accurately during period-end closing.

Which receiver must be allowed in the settlement profile of a product cost collector?

A.

Material

A.

Material

Answers
B.

Order

B.

Order

Answers
C.

Profitability segment

C.

Profitability segment

Answers
D.

Sales order item

D.

Sales order item

Answers
Suggested answer: B

Explanation:

For a product cost collector, 'Order' (option B) must be an allowed receiver in the settlement profile. This is essential for proper cost accumulation and settlement to cost objects in SAP S/4HANA.

How can you populate local variables in Profitability Analysis reports?

A.

By populating from user parameters

A.

By populating from user parameters

Answers
B.

By maintaining the configuration

B.

By maintaining the configuration

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C.

By defining derivation rules

C.

By defining derivation rules

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D.

By user entry during report execution

D.

By user entry during report execution

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Suggested answer: D

Explanation:

Local variables in Profitability Analysis reports can be populated through user entry during report execution (option D), allowing for flexible, real-time adjustments to analysis parameters within SAP S/4HANA.

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

A.

All company codes within the controlling area.

A.

All company codes within the controlling area.

Answers
B.

The company codes reporting to the same segment.

B.

The company codes reporting to the same segment.

Answers
C.

All company codes with document splitting activated.

C.

All company codes with document splitting activated.

Answers
D.

The company code of the assigned cost center.

D.

The company code of the assigned cost center.

Answers
Suggested answer: A

Explanation:

By default, a newly created profit center is assigned to all company codes within the controlling area (option A). This setup aligns with SAP's universal journal structure, facilitating consistent reporting across company codes.

Why would you use manual cost allocation in Controlling?

Note: There are 2 correct answers to this question.

A.

To run simple allocations of plan data

A.

To run simple allocations of plan data

Answers
B.

To run simple allocations of actual data

B.

To run simple allocations of actual data

Answers
C.

To correct secondary postings

C.

To correct secondary postings

Answers
D.

To allocate costs using an allocation cycle

D.

To allocate costs using an allocation cycle

Answers
Suggested answer: B, C

Explanation:

Manual cost allocation allows for simple allocations of actual data (option B) and correction of secondary postings (option C). This functionality is helpful in making quick adjustments without running complex allocation cycles in SAP S/4HANA Management Accounting.

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.

A.

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

A.

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

Answers
B.

By defining a usage key in the header of the routing

B.

By defining a usage key in the header of the routing

Answers
C.

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

C.

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

Answers
D.

By marking the Relevance to Costing indicator in the operation

D.

By marking the Relevance to Costing indicator in the operation

Answers
Suggested answer: C, D

Explanation:

In product cost calculations, marking the cost indicator in the control key (option C) and the Relevance to Costing indicator in the operation (option D) ensures specific operations are included. This setup enables cost-effective routing management in SAP S/4HANA.

At what level do you create the structure of the operating concern for margin analysis?

A.

Sales organization

A.

Sales organization

Answers
B.

Controlling area

B.

Controlling area

Answers
C.

Client

C.

Client

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D.

Cross client

D.

Cross client

Answers
Suggested answer: B

Explanation:

The structure of the operating concern for margin analysis is created at the controlling area level (option B) to enable margin analysis at a granular level in SAP S/4HANA Management Accounting.

You create a new cost estimate. Which of the following steps are required to update the standard price of the material?

Note: There are 3 correct answers to this question.

A.

Activate the cost estimate.

A.

Activate the cost estimate.

Answers
B.

Release the cost estimate.

B.

Release the cost estimate.

Answers
C.

Run the cost estimate.

C.

Run the cost estimate.

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D.

Mark the cost estimate.

D.

Mark the cost estimate.

Answers
E.

Simulate the cost estimate.

E.

Simulate the cost estimate.

Answers
Suggested answer: B, C, D

Explanation:

Running the cost estimate (option C), marking it (option D), and releasing it (option B) are necessary steps to update a material's standard price. This ensures that accurate, current cost data is used in inventory valuation and financial reporting in SAP S/4HANA.

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

A.

Using a costing key and an overhead key

A.

Using a costing key and an overhead key

Answers
B.

Using an overhead group and an overhead key

B.

Using an overhead group and an overhead key

Answers
C.

Using an origin group and an overhead group

C.

Using an origin group and an overhead group

Answers
D.

Using a cost component group and an overhead group

D.

Using a cost component group and an overhead group

Answers
Suggested answer: B

Explanation:

An overhead group and an overhead key (option B) are assigned to include overhead costs in product costing. This assignment enables the application of pre-defined overhead rates in SAP S/4HANA, facilitating accurate product cost calculations.

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