C_TS4CO_2021

You have activated budget availability control against the overall value for an internal orderand entered an overall budget of 10000. Actuals of 10000 were posted in the previous year.You are surprised to realize that a purchase order 1000 was created for this internal order in the current year. How is that possible? Note: There are 2 correct ahswers to this question. The purchase order has NOT generated a budget yet. The purchase order was entered in a different year than the budget. The cost element is exempted from budget availability control. The difference of 1000 is within the tolerance limits defined in the configuration.

Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? Note:There are 2 correct answers to this question. It can be overwritten in the application. lt can be defined for postings on general ledger accounts of secondary costs type. It takes precedence over validation and substitution. lt can be defined for postings on general ledger accounts of primary costs type.

What are the some of the characteristics of Profit Center Accounting in SAP S4/HANA? Note:There are 2 correct answers to this question. It can be used in the settlement rule for internal order. It is integrated in the universal journal. It can be used with period and/or cost of sale accounting. It is possible to derive the profit center from the segment in configuration.

What do you need to setup in order to bring the values incoming sales orders into accountbased Profitability Analysis?. A multi-valuation ledger. A new standard G/Lledger with exclusive usage of "Prediction". An extension ledger of type "simulation". An extension ledger of type "Prediction and Commitment".

Which statements are relevant to the cost of sales accounting method in profitability management? Note:There are 2 correct answers to this question. lt presents the costs and revenues information in a format that is ideal for conducting margin analyses. lt 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 periodof time. lt aims to match revenues for goods and services against sales-related expenses.

How do you maintain number range intervals in Controlling?. By account type. By cost element category. By business transactions. By document type.

You want enable Wl? calculation in Product Cost by Period. What do you need to configure?. Settlement profile. Valuation variant. Profitability Analysis (PA) transfer structure. Variance variant.

Which processes split costs into their primary cost components? Note: There are 2 correct answers to this question. Execution of the assessment cycles. Business process price calculation. Settlement of internal orders. Cost center/activity type price calculation.

You define rules in a status profile and assign the profile to your internal order type, What doyou use the status profile for? Note: There are 3 correct answers to this question. To define the user status. To define users for the order. To permit or forbid specific transactions. To activate the CO partner update. To set the initial status as Created or Released.

You are implementing SAP S/4HANA and you want to run analytical reports off a single datamodel. Which statement best describes reporting in SAP S/4HANA?. Reporting can be either broad and deep for analysis, or speedy and simple, but not both. Reporting on data in real time is difficult, and complex to design. Reporting on data is available in real-time at every level of detail. Reporting analytical data is always done in a business warehouse system.

How can you populate local variables in Profitability Analysis reports?. By populating from user parameters. By user exit. By Business Add-In. By user entry during report execution.

You use a production order with Product Cost by Period and you entered a results analysis key and variance key, How does the system calculate variances in Product Cost by Period?. Variances = Target costs - Delivery value. Variances = Target costs - Delivery value - WIP. Variances = Actual costs - Delivery value - WIP. Variances = Actual costs - Delivery value.

How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question. Use separate segments for each valuation. Use separate currency types within the same ledger for each valuation. Use separate ledgers for each valuation. Use separate CO versions for each valuation.

What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item? Note: There are 2 correct answers to this question. The sales order item is a cost object. Profitability Analysis (CO-PA) is activated. The material in the sales order item is a service. The sales order item is assigned to a project.

Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question. It is used when periodic costs outweigh daily postings. It is used to analyze work in process (WIP) based on actual costs. It is used when the focus of controlling is on a stable and continuous production process. It is used in conjunction with a product cost collector.

In the material master record there are three planned prices: "planned price 1", u"planned price2""and""planned price 3". What do you use them for?. To valuate goods movement. To valuate the materials in cost estimates. To valuate material stocks. To update the standard price during the release of a standard cost estimate.

You are running an indirect activity allocation. What do you post to the sender and receiver?. You post only cost to both the sender and receiver. You post quantity and cost to both the sender and receiver. You post both quantity and cost to the sender, and cost only to the receiver. You post both quantity and cost to the receiver, and cost only to the sender.

What are some of the characteristics of SAP Core Data Services (CDS) views? Note: There are 3 correct answers to this question. CDS views are considered system modifications. CDS views have ready-to-use content. CDS views duplicate dwta for reporting efficiencies. CDS views have no latency. CDS views support authorization.

You are setting up a direct internal activity allocation in SAP S4/HANA What is valid receivers for the activity? Note: There are 3 correct answers to this question. Profit center. WBS element. Sales order item. Internal order. General ledger account.

Which field can you select for both reporting in costing based and account-based Profitability Analysis?. Value in Controlling Area Currency. Version. Record type. Cost element.

You create a new profit center. Which company code(s) is it assigned to by default?. All company codes where profit center accounting is activated. All company codes maintained in your authorization profile. All company codes within the controlling area. All company codes to which the profit center standard hierarchy is assigned to.

Which statements best describes a single cost center standard hierarchy?. lt is a structure to which all cost center groups create for a controlling area are assigned. lt is a structure to which all cost center groups created within an operating concern are assigned. lt is a structure to which all the cost centers within an operating concern are assigned. It is a structure to which all the cost centers within a controlling area are assigned.

Which statement best describes the Query Browser for reporting?. It is a desktop browser that integrates with SAP S/4HANA. It is the frontend used to define reports in Analysis for Office. It is available as an additional license product in SAP S/4HANA. It is a design studio app that comes as standard SAP Fiori content.

What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are 2 correct answers to this question. Cost of goods sold spf'" by cost components. Value of "Gross Margin 2". Production variances split by variance categories. Value of conditions of pricing procedure.

You want to use budget availability control for your projects and internal orders. What canyou check using budget availability control? Note: There are 2 correct answers to this question. The availability of funds using overall plan value. The availability of funds according to tolerance limits. The availability of funds in object currency. The availability of funds on period level.

You want to maintain a cost component structure. What can you determine for each cost component? Note: There are 3 correct answers to this auestion. Relevance of cost component to inventory valuation. Assignment of cost component to calculation base for overheads in costing sheet. Relevance of cost component to results analysis. Relevance of cost component to goods manufactured. Assignment of cost component of cost component group.

You want to setup integrated planning for your internal order. What do you need to do? Note: There are 2 correct answers to this question. Set the relevant indicators in the CO version. Set the relevant indicator in the controlling area. Set the relevant indicator in the planning profile of the order type. Set the relevant indicator in the internal order master record.

Which default values can you configure for the product cost collector? Note: There are 2correct answers to this question. Result Analysis (RA) Version(B). Result Analysis (RA) key. Costing variant for preliminary costing. Variance variant.

You want to run an assessment cycle in Profitability Analysis to allocate cost center costsduring period-end closing for your organization. Which of the following objects is part of the assessment cycle?. Cycle iteration. Tracing factor. Sender cost objects. Template.

You are configuring internal order settlement. What do you define which cost element shouldbe settled, using either the original settlement cost elements?. Credit component (of the costing sheet). Allocation structure. Settlement profile. Settlement rule.

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 correct secondary postings. To allocate costs using an allocation cycle.

Which parameters are controlled by the costing type in a costing variant? Note: There are 2correct answers to this question. Save with date key. Price updates. Costing sheet. Price for materials.

You want to create a new standard cost estimate based on the quantity structure of theexisting standard cost estimate. Which object do you use?. Costing type. Reference variant. Transfer control. Costing version.

You want to determine which operations of the routing should be considered in a productcost 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.

You want to create cost centers for your company. What is the prerequisite to build anorganizational structure for overhead cost controlling?. Person responsible. Profit center. Standard hierarchy tom, node. Cost center categories.

You are creating new activity type and want to maintain plan prices for a cost center. Which attribute must you configure in the activity type master record? Note: There are 3 correct answers to this question. CO version. Valid cost center categories. Company code. Price indicator. Activity type category.

What master data objects can you set up using time-based fields? Note: There are 2 correctanswers to this question. Cost centers. Statistical key figures. Activity type. Cost element.

You create alternative CO versions for your controlling area, in addition to version 0. What would you use additional CO versions for? Note: There are 2 correct answers to this question. To store data of alternative plan costing runs. To store different plan data. To store data of parallel valuation. To store different budget data.

Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?. Periodic-accounting based. Both account-based and costing-based. Account-based only / Margin Analysis. Costing-based only.

What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question. You can plan multiple versions. You can enter costs and revenues. You can define tolerance limits for plan overspend. Availability control can check against plan values.

Which of the followWing statements best describe Product Cost by Order? Note: There are 2 correct answers to this auestion. It is used when you perform repetitive manufacturing. It is recommended for products with a long production time. It is used when full cost traceability is needed. lt is used when controlling by individual production lots or discrete quantities is needed.

At what level do you create the structure of the operating concern?. Sales organization level. Controlling area level. Client level. Company code level.

In which module do you process profit center allocations in SAP S/4HANA?. Product cost accounting. General ledger accounting. Account-based profitability analysis. Cost center accounting.

In a standard system delivery, how many free characteristics can be added to an operating concern?. 0-70. 101-150. 71-100. Over 150.

What does SAP/S4HANA select line-item-based data for costing based Profitability Analysis reports? Two Answers. It select actual data from table CE2xXXX and plan data from CE3XXXX. It select actual data from table ACDOCA and plan data from ACDOCP. It select actual data from table CE1XXXX and plan data from CE2XXXX. It select actual data from table ACDOCA and plan data from COSP.

How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question. Secondary costs are captured as secondary cost element, and not as general ledger accounts. Primary and secondary costs are captured in general ledger accounts. All primary and secondary costs are captured by creating them as cost elements. Only primary costs are captured in general ledger accounts.

How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question. As equivalence number. As quantity-based surcharge. As lot-based surcharge. As percentage rate.

You want to use 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 profit center and an overhead key. Using an origin group and an overhead group. Using a special procurement type and an overhead group.

Which of the following objects can be selected in templates for activity-based costing? Note:There are 2 correct answers to this question. Cost center/activity type. Internal order. WBS element. Business process.

Which receiver must be allowed in the settlement profile of product cost collector?. Cost center. Material. Order. G/L Account.

You want to understand why cost are collected on sales order item level. What do you needto in the configuration? Note: There are 3 correct answers to this question. Requirement type. Requirements class. Valuation variant. Costing type. Account assignment category.

To which object do you assign a costing sheet?. Valuation variant. Transfer control. Cost component structure. Costing variant.

How does the systm derive the requirement type from the material master data? Note:There are 2 correct answers to this question. MRP group -> requirements class -> planning strategy -> requirements type. MRP group -> Strategy group -> planning strategy -> requirements type. Strategy group -> planning strategy -> requirements class -> requirements type. Strategy group -> planning strategy -> requirements type.

For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question. Cost centers. Internal orders. Functional areas. Cost elements. Profit centers.

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?. Assessment. Distribution. Periodic reposting. Direct activity allocation.

You are setting up costing-based Profitability Analysis for your organization. How do you configure the deferent market segments?. As divisions. As value fields. As key Figures. As characteristics.

You post a billing document for a sales order with sales order controlling. What data flows toProfit Center Accounting? Note: There are 2 correct answers to this question. Sales deductions. Order quantity. Payment Discount. Revenues.

How do you define the relationship between an operating concern and a controlling area?. Many-to-many(N:M). Manyto-one(N:1). One-to-many(1:N)(D). One-to-one(1:1).

At which level do you define the valuation method for results analysis?. Controlling area. Company code. Plant. Operating concern.

In the Product Cost by Order process, what does the system calculate depending on the order status?. Both WIP and variances. WIP at actual costs or variances. WIP at target costs or variances. WIP at percentage of completion(PoC) method or variances.

What are some of the unique attributes of an assessment cycle in Controlling? Note: There are 2 correct answers to this question. They use a secondary cost element during transfer. They transfer only primary costs. They transfer primary and secondary costs. They use the original cost element during transfer.

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. Alow the company to determine if the sales force achieved their contribution margin goals. Provide the company with a detailed view of its financial statements by areas of responsibilities. Allow the company to determine standard costs and revenues according to the periodaccounting method.

You are considering using commitment management with internal orders. What do you needto do in the configuration?. Activate commitment management in both the controlling area and the order type. Activate commitment management in the controlling area, the order type, and in individualinternal order master data. Activate commitment management in both the version and the order type. Activate commitment management only in the controlling area.

How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?. By defining the characteristic value as a value field. By defining the characteristic value in the field catalog. By defining the charasferistic value in the check table. By defining the characteristic value as a key figure.

Which of the following steps are part of the procedure to update the standard price of the material? Note: There are 2 correct answers to this question. Release the cost estimate. Archive the cost estimates. Mark the cost estimate. Split the costs. Execute the cost estimate.

What can you configure in the settlement profile? Note: There are 2 correct answers to this question. Define document management parameters. Determine an overhead key. Determine whether settlement is required. Define a number range for settlement document.

What can you manage va the account assignment category? Note: There are 2 correct answers to this question. Separate sales order stock. Costing variant. Valuation of separate sales order stock / results analysis. Product cost by sales order / Accounting for sales order.

You have implemented Product Cost by Sales Oder 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 = 2000Actual revenue = 1200: Actual cost=1000 What data does the system calculate during results analysis?. "Revenue = 1500 Cost of sales = 1000: Revenue surplus =300". "Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200. "Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300. "Revenue = 1200; Cost of sales = 1000; Revenue surplus =200".

In SAP S/4HANA, you have decided to activate only account-based profitability analysis foryour organization. You want to settle costs and revenue of a sales order item to a profitabilitysegment. What do you need to configure?. Source structure. Allocation structure. Cost component structure. PA transfer structure.

You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? Note: There are 3 correct answers to this auestion. To define the user status. To define users for the order. To permit or forbid specific transactions. To activate the CO partner update. To set the initial status as Created or Released.

To which object 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. Sales order item. WBS element. General ledger account. Network. Asset.

You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?. Periodic reporting. Accrual calculation. Budget availability control. Indirect activity allocation.

Which scenarios can be covered by one single costing run? Note: There are 2 correct answersto this question. Inventory cost estimate of all the materials in one plant. Standard cost estimate of all the materials in all plants of a controlling area. Current cost estimate of all the materials in all controlling area. Product cost collector cost estimate in one plant.

For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?. Parallel variation views of the same logistical flows are needed to differentiate between legal andprofit center valuation. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation. Parallel accounting is needed in order to be compliant with different accounting principles. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.

You want to derive the profitability segment for a line item in the universal journal using SAPS/4HANA standard configuration. What requirements must be fulfilled? Note: There are 2 correct answers to this question. Costing-based Profitability Analysis must be active. Account-based Profitability Analysis must be active. The type of the addressed ledger must be an extension ledger. The type of the general ledger account must be primary cost/revenue or secondary cost.

Which of the following values can be calculated using result analysis? Note: There are 3correct answers to this question. Cost of sales. Reserves for unrealized costs. Cost of goods manufactured. Gross margin. Work in progress.

What parameters can you set up when defining order types? Two Answer. Define document type. Define default parameters for master record fields. Define source structure. Allow revenue postings.

What can you do with statistical internal orders?. Apply overhead rates to the internal order. Settle costs to a cost center. Simultaneously post to a cost center. Transfer posting to another internal order.

Which setting in the cost center master data do you use to assign the same attributes to similar cost center?. Cost center category. Cost center type. Object class. Standard hierarchy node.

Which of the following statements apply to SAP S/4HANA embedded analytics? Note: Thereare 2 correct answers to this question. lt is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiorilaunchpad. It is the core SAP S4/HANA license and users the same technical stack and user interface. lt uses core data services (CDS ) views to create virtual data models (VDMs ) for reporting. It is used by dedicated Bl users who need to go lbeyond the capabilities of Strategic Analysis Toolsfor reporting.

You have implemented Product Cost by Sales Oder in conjunction with revenue-based resultsanalysis 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 =1200: Cost of sales = 800: Reserve = 200. Revenue = 1200; Cost of sales = 1000; Reserve = 200. Revenue = 1200; Cost of sales = 1000; WIP = 200. Revenue = 1200; Cost of sales = 800; WIP = 200.

For which revenue-carrying cost objects does the system performresults analysis? There are 3 correct answers to this question. Cost center. Business processes. Internal order. Work breakdown structure. Customer service orders.

What does the calculation of a condition type in the costing sheet of CO-PA depend on? There are 2 correct answers to this question. Valuation. Calculation type. Segment. Condition class.

Which controls can you set when you determine a characteristic derivation?. Valuation calculation. System response when unsuccessful. Display authority. Overwriting authority. Conditions for execution.

You post an expense line in an accounting document and enter an internal order and a cost center as the account assignments, After posting, the system allows you to settle the posted values from the internal order.Which settings do the cost center and internal order have? Please choose the correct answer. Real internal order Real cost center. Statistical internal order Statistical cost center. Statistical internal order Real cost center. Real internakorder Statistical cost center.

In which SAP S/4HANA components can you report the results of theresults analysis? There are 3 correct answers to this question. Profitability analysis. Inventory management. Profit center accounting. Sales and distribution. Financial accounting.

What must the referenced cost estimate and the receiving cost estimate have in common? Please choose the correct answer. The cost component structure. The company codes. The quantity structure. The plant.

Which object controls the tiles a business user can assign to their SAP Fiori Launchpad ? Please choose the correct answer. Tile group. App library. App finder. Tile catalog.

You need to assign a company code to a controlling area, Which settingsmust be identical for both organizational objects? There are 2 correct answers to this question. Operational Chart of accounts. Currency. Operational Posting period. Fiscal year variant.

Which of the following objects can be selected in templates for activity-based costing? Note:There are 2 correct answers to this question. Cost center/activity type. Internal order. WBS element. Business process.

What parameters can you set up when defining order types?. Define document type. Define default parameters for master record fields. Define source structure. Allow revenue postings.

You are setting up cost-based profitability analysis for your organization.What are related configuration activity? 3 Answers. Enable attribute profitability analysis. Configure cogs split. Define characteristics. Assign value fields to conditions. Configure summaries levels.

Your enterprise has five company codes assigned to three separate charts of ac-counts. What's the optimal is between controlling area and operational considerations. One controlling area, one operating concern. three controlling area, one operating concern. three controling area, three operating concern. five controlling area, three operating concern.

When you create a new commitment management, what documents are generated, commitment management against budget?. Purchase requisitions office materials. Purchase order directly capitalizes a vehicle. Invoice verification. Goods receipt material.