TS4CO_2

Which of the following is a characteristic of a cost center in SAP S/4HANA? Please choose the correct answer. It is used for payroll processing. It is used for material management. It can accumulate costs from multiple cost elements. It is directly linked to customer orders.

To which object can you settle an internal order using cost elements with cost element category 21 (internal settlement)? There are 3 correct answers to this question. WBS element. General ledger account. Asset. Sales order item. Network.

How do you define the relationship between an operating concern and a controlling area? Please choose the correct answer. One-to-one (1:1). One-to-many (1:N). Many-to-one (N:1). Many-to-many (N:N).

What do you do to create a primary cost component split? There are 2 correct answers for this question. Enter split activity prices manually. Assign a cost component structure to the CO version. Run an activity price calculation. Use the cost splitting tool on cost centers.

You are using availability control in your SAP S/4HANA system. Which documents can cause the system to raise a warning message when the budget was exceeded? There are 2 correct answers to this question. Incoming invoice. Purchase requisition. Goods issue from order. Outgoing payment.

What does the internal order settlement profile define? There are 3 correct answers for this question. The valid receivers. The accounting document type. Whether commitment management is necessary. Whether settlement is necessary. The template allocation.

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

You are considering using commitment management with internal orders. What do you need to do in the configuration? Please choose the correct answer. Activate commitment management in both the company code and the order type. Activate commitment management only in the controlling area. Activate commitment management in both the controlling area and the order type. Activate commitment management only in the order type.

You want to settle primary cost elements and secondary cost elements to different receivers. What do you use? Please choose the correct answer. Allocation structure. PA transfer structure. Source structure. Overhead structure.

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? There are 2 correct answers to this question. The type of the corresponding general ledger account must be primary cost/revenue or secondary cost. Account-based Profitability Analysis must be active. Costing-based Profitability Analysis must be active. The type of the corresponding general ledger account must be balance sheet.

When trying to assign a profit center to a new cost center, you receive an error. What can cause this error? Please choose the correct answer. The validity period of the cost center is shorter than that of the profit center. The validity period of the profit center is shorter than that of the cost center. The lock indicator is activated in the profit center master record. The profit center has already been assigned to a different cost center.

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

What are some of the objectives of Profitability Analysis? There are 2 correct answers to this question. Provide the company with a detailed view of its financial statements by responsibility units. Allow the company to determine if the sales force achieved their contribution margin goals. Allow the company to determine standard costs and revenues according to the period accounting method. Provide the company with information on the performance of its market segments.

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

What values flow from Sales and Distribution billing to costing-based Profitability Analysis? There are 2 correct answers to this question. Accrued production overhead. Maintenance overhead costs. Revenue. Sales deductions.

On which organizational level do you maintain profit center accounting in SAP S/4HANA? Please choose the correct answer. Company code. Operating concern. Controlling area. Financial statement version.

Which functionalities can create primary cost component splits? There are 2 correct answers to this question. Execution of the assessment cycles. Settlement of internal orders. Business processes price calculation. Cost center/activity type price calculation.

Which of the following elements are used in a cost estimate within Product Cost Planning? Please choose the correct answer. Customer orders, vendor invoices, and bank statements. Payroll expenses, travel expenses, and marketing costs. Material costs, activity costs, and overhead costs. Sales revenue, profit margin, and discounts.

Which type of internal order is typically used for short-term monitoring of costs? Please choose the correct answer. Overhead cost orders. Sales orders. Revenue orders. Investment orders.

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

When you create a profit center, what company code(s) is it assigned to by default? Please choose the correct answer. All company codes within the controlling area. All company codes within the operating concern. All company codes where profit center is activated. All company codes, irrespective of controlling area.

What are some of the characteristics of internal order planning? There are 2 correct answers to this question. Multiple versions are allowed. Availability control is checked. Costs are entered. Tolerance limits are defined.

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

You want to use a template to consider overhead during product costing. How do you assign the template to your material? Please choose the correct answer. Using an origin group and an overhead group. Using a profit center and an overhead key. Using a special procurement type and an overhead group. Using an overhead group and an overhead key.

Which main elements do you configure for the overhead costing sheet? There are 3 correct answers for this question. Calculation base. Overhead rate. Credit key. Allocation structure. Revaluation rate.

Where can you adjust the automatic account assignment? There are 2 correct answers for this question. Cost center (TA: KS01). Default account assignment (TA: OKB9). G/L account (TA: FS00). Substitution (TA: GGB1).

To which objects do you settle values of the results analysis? There are 2 correct answers for this question. Profitability segment. Cost center. Cost center. Segment.

In the Product Cost by Order component, what does the system calculate depending on the order status? Please choose the correct answer. Both WIP and variances or only variances. WIP at target costs or variances. WIP at planned costs or variances. WIP at actual costs or variances.

What parameters can you set up when defining order types? There are 2 correct answers to this question. Allow revenue postings. Set up work lists. Define default parameters for master record fields. Define document type.

You need to analyze different planning scenarios for cost centers. With which object do you differentiate the planning scenarios? Please choose the correct answer. Company code. Cost center group. Operating concern. CO version.

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

Which customizing do you use for calculating work in progress (WIP)? There are 3 correct answers for this question. Settlement profile table. Posting rule table. Assignment table. Update table.

Which organizational unit is primarily responsible for the planning, monitoring, and controlling of costs within an organization in SAP S/4HANA? Please choose the correct answer. Cost Center. Plant. Company Code. Profit Center.

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

You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this? There are 2 correct answers to this question. By defining a usage key in the header of the routing. By marking the cost indicator in the control key assigned to the operation. By marking the Relevance to Costing indicator in the ope. By assigning a cost center to the work center in the operation.

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

Which attributes can you configure in the activity type master record? There are 3 correct answers to this question. Valid cost center categories. Company code. CO version. Activity type category. Price indicator.

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

You post a billing document in Sales and Distribution (SD). What data flows to Profit Center Accounting? There are 3 correct answers to this question. Payment discount. Order quantity. Sales deductions. Revenues. Accruals.

Which of the following are typical cost allocation methods used in cost center accounting? There are 2 correct answers to this question. Direct posting. Revenue allocation. Distribution. Assessment.

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

Which tasks can you perform on a production order in a make-to-order scenario with valuated stock? There are 2 correct answers for this question. Transfer reserves for realized costs. Settle the variances to CO-PA. Calculate production variances. Perform results analysis.

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

In which module do you process profit center allocations in SAP S/4HANA? Please choose the correct answer. Product Cost Accounting. General Ledger Accounting. Profit Center Accounting. Cost Center Accounting.

What is the difference when you perform repost line items (TA: KB61) compared to manual reposting of costs (KB11N) for a cost center? There are 2 correct answers for this question. The report of the line item is updated in the original FI document. The line item values are validated against the original document. There is the option to assign the line item to several receiver objects. The line item needs a reference to an FI document.

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

What are the benefits of using Product Cost Planning in SAP S/4HANA? There are 2 correct answers to this question. Streamlined customer service. Enhanced vendor management. Accurate product pricing. Improved cost transparency.

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

Which objects do you use when you assign costs and revenue to the value fields in costing-based CO-PA? Please choose the correct answer. Allocation structure. Transfer structure. Overhead group. Allocation template.

Which objects are predefined characteristics in SAP S/4HANA? There are 3 correct answers for this question. Region. Company code. Plant. Product category. Controlling area.

You enter the actual activity quantity for work and vacation in the cross-application time sheet. Which options can you choose in the master data of the activity type to ensure the quantities and values are posted in Management Accounting? There are 2 correct answers to this question. Manual entry, manual allocation. Manual entry, no allocation. Indirect determination, indirect allocation. Manual entry, indirect allocation.

What is a cost component split in Product Cost Planning? Please choose the correct answer. A technique to split vendor payments. A method to divide cost estimates into individual components for detailed analysis. A function to manage customer discounts. A process to allocate payroll expenses.

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

Which parameters can you enter when you create a costing run? There are 3 correct answers to this question. Costing version. Production version. Transfer control. Valuation variant. Costing variant.

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

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

Which criteria do you use to specify the G/L account for the work in process (WIP) settlement? There are 3 correct answers for this question. Results analysis profit center. Results analysis profit center. Results analysis cost element. Results analysis method. Results analysis category.

When do you select the percentage method for accrual calculation? There are 2 correct answers for this question. When you accrue activity-dependent costs and an appropriate cost element for defining overhead rates is available. When you accrue activity-dependent costs and an appropriate cost element in NOT available. When you accrue activity-independent costs and an appropriate cost element for defining overhead rates is available. When you accrue activity-independent costs and an appropriate cost element is NOT available.

Which of the following is true about profit center accounting in SAP S/4HANA? Please choose the correct answer. It replaces the need for cost center accounting. It is not integrated with financial accounting. It only records financial transactions. It can be used to create segment reports for internal management purposes.

Which of the following controls can you set when you determine a characteristic derivation? There are 3 correct answers to this question. Conditions for execution. System response when unsuccessful. Valuation calculation. Overwriting authority. Display authority.

Which of the following strategies is NOT typically used to maintain a clean core in SAP S/4HANA? Please choose the correct answer. Utilizing SAP Fiori apps. Using SAP Best Practices. Implementing user exits for enhancements. Customizing standard SAP objects extensively.

What can you specify when you create an activity type? There are 3 correct answers for this question. The valid receiving cost center types. The valid sending cost center types. The activity type category for allocation. The primary costs G/L account for internal activity allocation. The secondary costs G/L account for internal activity allocation.

When you create a planning layout, which objects can you use to define the data columns? There are 3 correct answers for this question. Distribution key. Formulas. Characteristics. Summarization level. Value fields.

For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA? Please choose the correct answer. Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit 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.

Which object can you configure to offset overhead surcharges for a cost object? There are 3 correct answers for this question. Business process. Internal order. Profit center. Profitability segment. Cost center.

What is the primary purpose of reporting in SAP S/4HANA Management Accounting? Please choose the correct answer. To provide detailed financial and management information for decision-making. To track employee attendance. To control inventory levels. To manage vendor invoices.

You want to create cost centers for your company. What is the prerequisite to building an organizational structure for overhead cost controlling? Please choose the correct answer. Standard hierarchy top node. Cost center types. Functional area. Cost center categories.

What is the primary purpose of Cost Object Controlling in SAP S/4HANA? Please choose the correct answer. To manage vendor invoices. To manage employee payroll. To track and analyze costs associated with specific cost objects. To control inventory levels.

What is the primary purpose of internal orders in SAP S/4HANA? Please choose the correct answer. To monitor costs of specific tasks and projects. To track external vendor transactions. To handle customer invoicing. To manage fixed assets.

What is the purpose of assigning a controlling area to a company code in SAP S/4HANA? Please choose the correct answer. To track vendor invoices. To integrate financial accounting and controlling. To monitor production orders. To manage inventory levels.

What are the key features of SAP S/4HANA Management Accounting reporting tools? There are 2 correct answers to this question. Predictive analytics. Manual data entry. Batch processing. Real-time data processing.

Which steps are involved in setting up Profitability Analysis (CO-PA) in SAP S/4HANA? There are 2 correct answers to this question. Configure payroll processes. Manage customer discounts. Create value fields. Define characteristics.

You configured an overhead costing sheet that uses the quantity-based overhead approach to calculate the overhead amount. What is required for the amount to be calculated? Please choose the correct answer. Settlement rules with valid receiver objects. Cost accounts with the option to record quantity. Activity types with actual or plan quantities maintained. Statistically figures with values for the period.

Which reporting options are available in SAP S/4HANA for Management Accounting? There are 2 correct answers to this question. Legacy reports. SAP ECC. Embedded Analytics. SAP BW/4HANA.

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

Which statement best describes a cost center standard hierarchy? Please choose the correct answer. It represents an organizational unit in SAP S/4HANA where the costs and revenues are incurred and reported. It is a structure to which all the cost centers within a controlling area are assigned. It is grouped together with alternative hierarchies to represent decision control and responsibility units. It enables you to assign the same attributes to similar cost centers within a controlling area.

What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis? Please choose the correct answer. A new standard G/L ledger with exclusive usage of "Prediction". A multi-valuation ledger. An extension ledger of type "Prediction and Commitment". An extension ledger of type "Simulation".

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

What are the benefits of using Cost Object Controlling in SAP S/4HANA? There are 2 correct answers to this question. Real-time cost reporting. Improved vendor management. Detailed cost tracking and analysis. Enhanced production planning.

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