TS4CO_1

On which document in the sales process is the profit center initially entered? Please choose the correct answer. Sales inquiry. Sales order. Goods issue. Service contract.

What is the primary purpose of Profitability Analysis (CO-PA) in SAP S/4HANA? Please choose the correct answer. To control production schedules. To manage vendor invoices. To manage payroll processes. To evaluate the profitability of market segments.

What are the benefits of process integration between SAP S/4HANA modules? There are 2 correct answers to this question. Manual data entry. Enhanced process efficiency. Independent data silos. Improved data consistency.

You want to maintain a cost component structure. What can you determine for each cost component? There are 3 correct answers to this question. 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. Relevance of cost component to inventory valuation. Assignment of cost component to cost component group.

For which objects can you revaluate activities and business processes at actual prices? There are 3 correct answers for this question. Profit centers. Work centers. Work breakdown structure elements. Cost centers. Profitability segments.

Which process can you use to correct internal orders during period-end closing? Please choose the correct answer. Assessment. Periodic reposting. Distribution. Indirect activity allocation.

You are configuring internal order settlement. Where do you define which cost elements should be settled, using either the original or settlement cost elements? Please choose the correct answer. Allocation structure. Settlement profile. Template. Settlement rule.

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

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

You are posting a purchase order for a warehouse material. From which object is the profit center derived? Please choose the correct answer. Cost center. Business partner. Plant. Material master.

What are some benefits of using Profit Center Accounting in SAP S/4HANA? There are 2 correct answers to this question. Enhanced product lifecycle management. Streamlined procurement processes. Improved financial transparency. Better internal reporting and analysis.

Scenario: You are an SAP consultant tasked with ensuring that a client's SAP S/4HANA Cloud Private Edition system adheres to a clean core approach. The client has several customizations in place. Describe the steps you would take to evaluate and streamline their customizations to maintain a clean core. Please select all the correct answers that apply. Use SAP Fiori apps to replace custom user interfaces. Replace custom code with standard SAP functionality where possible. Implement user exits for necessary enhancements. Develop new customizations to replace existing ones.

What do you use to map the primary cost component split to the production cost component structure? Please choose the correct answer. Cost Component groups. Transfer structure. Allocation structure. Assignment scheme.

When you configure period-end closing, which accrual calculations methods can you use? There are 2 correct answers for this question. Template. Target equals actual. Statistical key figure. Percentage.

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

In Account-based CO-PA, which ledger is used to record the profitability data? Please choose the correct answer. Costing Ledger. Special Purpose Ledger. General Ledger. Profit Center Ledger.

Which of the following organizational units can be assigned to a controlling area in SAP S/4HANA? Please choose the correct answer. Company Code. Sales Organization. Plant. Business Area.

What is the primary purpose of maintaining a clean core in SAP S/4HANA Cloud Private Edition? Please choose the correct answer. To increase system performance. To enhance data security. To improve user experience. To ensure ease of future upgrades.

Which process determines the target costs of the cost object in a product cost by order scenario? Please choose the correct answer. Actual costs calculation. Work in progress (WIP) calculation. Variance calculation. Accrual calculation.

What are the benefits of using internal orders in SAP S/4HANA for cost monitoring? There are 2 correct answers to this question. Elimination of the need for profit center accounting. Real-time integration with customer relationship management. Detailed tracking of costs for specific activities. Flexibility in managing budgets for different projects.

Which of the following are typical activities of the sales planning phase in SAP S/4HANA? There are 2 correct answers for this question. Transfer of GL account data. Manual entry of data. Bottom-up distribution. Top-down distribution.

In your company, you tend to go through many reorganizations leading to extra master data maintenance work. Which grouping functionality can save you time maintaining profit center groups? Please choose the correct answer. Configuring derivation rules. Copying groups with suffix. Creating multi-dimension sets. Defining flexible hierarchies.

What are the key benefits of using cost center accounting in SAP S/4HANA? There are 2 correct answers to this question. Streamlined customer relationship management. Better decision-making through detailed cost tracking. Enhanced control over overhead costs. Improved inventory management.

In SAP S/4HANA, you have decided to activate only account-based profitability analysis for your organization. you want to settle costs and revenue of a sales order item to a profitability segment. What do you need to configure? Please choose the correct answer. Source structure. PA transfer structure. Cost component structure. allocation structure.

Which object can you select for reporting in Costing-based Profitability Analysis, and NOT in Account-based Profitability Analysis? Please choose the correct answer. Period/year. Record type. Company code. Cost element.

What is the highest reporting level in management accounting? Please choose the correct answer. Operating concern. Controlling area. Profit center. Company code.

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

Scenario: You are the cost accounting manager at a manufacturing company. Recently, you have noticed that the overhead costs have significantly increased. You decide to perform a detailed analysis using cost center accounting in SAP S/4HANA. Describe the steps you would take to identify the root causes of the increased overhead costs and implement corrective actions. There are 3 correct answers to this question. Automate the procurement process to reduce costs. Review the cost center reports to identify cost drivers. Implement cost-saving measures based on the analysis. Integrate cost center accounting with vendor management. Assess the cost allocation methods and adjust if necessary.

Which component provides insight into the effectiveness and results for areas of responsibility within the enterprise? Please choose the correct answer. Profit center accounting (PCA). Results analysis (RA). Profitability analysis (CO-PA). Revenue accounting and reporting (RAR).

What can you manage via the account assignment category? There are 2 correct answers to this question. Costing variant. Product cost by sales order. Valuated sales order stock. Separate sales order stock.

How can you define a dynamic group for internal orders? Please choose the correct answer. Create a substitution rule for mass changes. Use wild cards in the order codes assigned to nodes. Define an order coding mask for order types. Assign a selection variant to an end node.

Which currency types can you use for costing-based CO-PA? There are 2 correct answers for this question. Company code currency. Group currency. Controlling area currency. Operating concern currency.

How do you maintain number intervals/ranges in Controlling? Please choose the correct answer. By document type. By business transactions. By company code. By posting key.

Which transactions can be performed directly within cost center accounting? There are 2 correct answers to this question. Posting of internal labor costs. Creation of customer invoices. Processing of vendor payments. Allocation of overhead costs.

In cost center accounting, what is the significance of the standard hierarchy? Please choose the correct answer. It groups vendors into a structured format. It processes payroll for employees. It organizes cost centers into a hierarchical structure for reporting and control. It manages customer relationships.

Which customizing activity do you perform in overhead cost controlling? Please choose the correct answer. Create value fields. Define company centers categories. Maintain costing variant parameters. Define cost center categories.

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

Your customer uses account-based CO-PA. Which sales documents create an account-based CO-PA line item for each standard ledger in the universal journal table in SAP S/4HANA? There are 2 correct answers to this question. Goods issue. Goods receipt. Sales order. Billing.

Which statement best describes the Query Browser for reporting? Please choose the correct answer. It is available as an additional license product in SAP S/4HANA. It is a strategic analytical tool in SAP S/4HANA. It is a desktop browser that integrates with SAP S/4HANA. It is a design studio app that comes as standard SAP Fiori content.

Scenario: You are a financial analyst at a multinational corporation using SAP S/4HANA. Your task is to ensure accurate profit center accounting to evaluate the profitability of different business segments across various regions. Describe the steps you would take to set up profit center accounting and ensure accurate reporting. There are 3 correct answers to this question. Define profit centers and assign them to the relevant organizational units. Configure internal orders for profit center assignments. Ensure all cost elements are assigned to profit centers. Set up real-time integration between profit center accounting and financial accounting. Create profit center-specific cost elements.

Which cost objects can only be controlled by period? There are 2 correct answers for this question. Cost object hierarchy. Production order. Process order. Product cost collector.

What action do you perform to use the Cost-Based Percentage of Completion (POC) method? Please choose the correct answer. Running the results analysis. Costing of an order. Billing of a sales order during production. Setting to profitability analysis.

Which data sources can be used for Profitability Analysis in SAP S/4HANA? There are 2 correct answers to this question. Vendor invoices. Billing documents. Payroll entries. Sales orders.

A profit center standard hierarchy contains all profit centers that are assigned to which organizational unit? Please choose the correct answer. Client. Controlling area. Operating concern. Plant.

You use a ledger, an additional standard ledger and an extension ledger. You post a general journal entry without indicating a ledger group. For which ledger(s) are separate line items posted in the universal journal? Please choose the correct answer. The standard ledgers. The leading and extension ledgers. All ledgers. The leading ledger only.

Why would you use manual cost allocation in Controlling? There are 2 correct answers to this question. To correct secondary postings. To run simple allocations of plan data. To run simple allocations of actual data. To allocate costs using an allocation cycle.

Scenario: You are a financial analyst at a manufacturing company using SAP S/4HANA. Your manager has asked you to generate a report that shows the profitability of different product lines in real-time. Describe the steps you would take to create this report using the available SAP S/4HANA reporting tools. Please select all the correct answers that apply. Import data from SAP BW/4HANA for in-depth analysis. Access SAP Analysis for Microsoft Office to build the report. Use SAP Fiori to create an analytical report. Utilize Embedded Analytics in SAP S/4HANA. Generate a batch report using SAP ECC.

In SAP S/4HANA, what is the primary purpose of a profit center? Please choose the correct answer. To manage customer relationships. To control manufacturing processes. To track and report on inventory levels. To evaluate the profitability of specific business areas.

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. Condition class. Segment. Calculation type. Valuation.

Scenario: You are a cost accountant at a manufacturing company using SAP S/4HANA. The production manager has asked you to provide a detailed cost analysis for a production order. Describe the steps you would take to set up and generate this analysis using Cost Object Controlling. Please select all the correct answers that apply. Configure asset accounting for the production order. Define the production order as a cost object. Generate a cost report using Cost Object Controlling tools. Set up settlement rules for the production order. Create cost object categories for the production order.

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use? Please choose the correct answer. Indirect activity allocation. Assessment. Periodic reposting. Distribution.

Which activities can you perform while you create cost center hierarchies? There are 2 correct answers to this question. Create a cost center without specifying a standard hierarchy. Append nodes and cost centers to a node of the standard hierarchy. Assign a standard hierarchy to several controlling areas. Reassign a cost center to another node of the standard hierarchy.

What are the benefits of using Account-based CO-PA in SAP S/4HANA? There are 2 correct answers to this question. Real-time integration with financial accounting. Streamlined vendor management. Enhanced production planning capabilities. Detailed cost allocation.

Which objects can you plan in Cost Center Accounting? There are 3 correct answers for this question. Statistical key figures. Balance sheet accounts. Non-operating expense accounts. Secondary cost accounts. Activity prices.

To which objects do you assign the elements of the cost component split to ensure the transfer of costing to costing-based CO-PA? Please choose the correct answer. G/L accounts. Segments. Controlling areas. Value fields.

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

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

Which processes belong to the “final costing” of cost objects? There are 2 correct answers to this question. Revaluation at actual costs. Variance calculation. Work in process. Overhead surcharge.

Which of the following are required to ensure variable costs from the cost component split are correctly reported in account-based CO-PA? There are 2 correct answers for this question. A price difference profile. A cost splitting profile. A calculation formula. Variable cost postings are recorded in ACDOCA table.

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

What master data objects can you set up using time-based fields? There are 2 correct answers to this question. Statistical key figures. Activity types. Standard hierarchies. Cost centers.

What is the primary purpose of cost center accounting in SAP S/4HANA? Please choose the correct answer. To manage customer orders. To manage external financial reporting. To control and monitor overhead costs. To handle vendor payments.

What do you get if you mark a standard price cost estimate? There are 2 correct answers for this question. A future standard price. A cost-based CO-PA document for material revaluation. An accounting document for material ledger. A new status in the cost estimate.

Which of the following are steps involved in the Product Cost Planning process? There are 2 correct answers to this question. Manage customer relationships. Create cost estimate. Mark and release cost estimate. Process payroll.

Which are levels of internal order planning? There are 2 correct answers for this question. Overall planning. Primary and secondary cost and revenue planning. Integrated planning. Group costing.

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

You want to prevent periodic cost fluctuations. Which activity should you choose to distribute irregular expenses to the relevant periods? Please choose the correct answer. Periodic reposting. Variance calculation. Accrual calculation. Cost splitting.

Which steps are involved in setting up Cost Object Controlling in SAP S/4HANA? There are 2 correct answers to this question. Set up settlement rules. Create cost object categories. Define cost centers. Configure asset accounting.

Which activity do you perform during period-end in profit center accounting? Please choose the correct answer. Process distribution cycles. Settle costs. Execute template allocation. Post activity allocation.

Which receiver must be allowed in the settlement profile of a product cost collector? Please choose the correct answer. Business process. Cost center. Material. Order.

Which key performance indicators (KPIs) does profit center accounting help you report? There are 2 correct answers for this question. Impact on sales of a marketing activity. Contribution of new customers to gross revenue. Return on capital expenditure investment. Profit contribution of a department.

Which tools can be used to ensure custom code compliance with SAP S/4HANA Cloud Private Edition's clean core strategy? There are 2 correct answers to this question. SAP Code Inspector. SAP Readiness Check. SAP Fiori. SAP Solution Manager.

Which object do you have to assign the cost component structure to? Please choose the correct answer. Valuation variant. Costing type. Costing variant. Material master record.

Which objects can statistical key figures be applied to? There are 2 correct answers to this question. Functional areas. General ledger accounts. Cost centers. Profit centers.

How does SAP S/4HANA select line-item-based data for costing-based Profitability Analysis reports? Please choose the correct answer. It selects actual data from table ACDOCA and plan data from table COSP. It selects actual data from table CE2XXXX and plan data from table CE3XXXX. It selects actual data from table ACDOCA and plan data from table ACDOCP. It selects actual data from table CE1XXXX and plan data from table CE2XXXX.

You want to use a template for activity and process assignment to your material cost estimate. What do you need to do? Please choose the correct answer. Assign a template directly to costing view 1 of the material master record. Use the template allocation function in the material cost estimate and the costing run. Use the costing sheet of the costing view 1 in the template determination table. Assign a template to an operation in the routing of the material.

Which organizational units can be assigned to a profit center in SAP S/4HANA? There are 2 correct answers to this question. Sales Organization. Plant. Cost Center. Company Code.

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? Please choose the correct answer. Variances = Target costs - Delivery value. Variances = Actual costs - Delivery value. Variances = Target costs - Delivery value - WIP. Variances = Actual costs - Delivery value - WIP.

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

In SAP S/4HANA, how often can standard. Monthly, quarterly, or annually. Only at the end of the fiscal year. Quarterly. Only during budget planning.