TS4CO_3

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

Which characteristic of an internal order does the order type control? Please choose the correct answer. Budget profile assigned to the order. Time period for which the order is valid. Controlling areas the order is assigned to. Types of costs posted to the order.

What tasks are performed by the system during activity allocation? There are 2 correct answers for this question. The allocation amount is calculated based on the quantity and price of the activity. The cost element is derived from the master data for the activity type. The sender cost object is debited and the receiver cost object is credited. A primary costs G/L account is used for debiting and crediting.

Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA? Please choose the correct answer. Account type. Account group. Account currency. Field status group.

Which of the following statements are applicable to SAP S/4HANA embedded analytics? There are 2 correct answers to this question. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analytics Tools for reporting. It is part of the core SAP S/4HANA license and uses the same technical stack and user interface. It is part of SAP S/4HANA Strategic Analytics tools stack that uses virtual data models for reporting. It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.

Scenario: You are a management accountant at a company using SAP S/4HANA. The sales manager has asked you to provide a detailed profitability report for a new product line. Describe the steps you would take to set up and generate this report using Profitability Analysis (CO-PA). Please select all the correct answers that apply. Create value fields for revenue and cost elements. Define the product as a characteristic in CO-PA. Generate a profitability report using CO-PA reporting tools. Update the sales order processing to capture profitability data. Configure payroll processes to include the new product.

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

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

In the material master record there are three planned prices. What do you use them for? Please choose the correct answer. To valuate the materials in cost estimates. To valuate goods movement. To valuate material stocks. To update the standard price during the release of a standard cost estimate.

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

Which order status is relevant for creating work in process (WIP) calculations when you use Product Cost by Order (PCO)? Please choose the correct answer. Technically completed. Created. Delivered. Partially released.

In a make-to-order scenario, you use a sales order with an assigned production order and non-valuated sales order stock. Which process do you use to post actual costs on a sales order in SAP S/4HANA? There are 2 correct answers for this question. Production order settlement. External goods receipt on sales order stock. Delivery from production order to sales order stock. Production order confirmation.

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

What can you analyze in detail when you transfer the cost component split from product cost planning to costing-based CO-PA? Please choose the correct answer. Sales revenues. Variance categories. Cost of goods sold. Cost of goods manufactured.

What can you define for a user status in the status profile? Please choose the correct answer. The order types for which a user status is valid. The assigned user status after a business transaction is executed. The business user IDs authorized to change the user status. The versions for which you can enter plan data.

What is required before you can create a multi-level material cost estimate without quantity structure? Please choose the correct answer. Specific costing variants for material costings without quantity structure. Specific valuation variants for material costings without quantity structure. Material master with accounting view and with MRP views. Material master with costing view.

At which level do you define the valuation method for results analysis? Please choose the correct answer. Company code. Sales organization. Operating concern. Controlling area.

What is the default option for planning profit center values in SAP S/4HANA? Please choose the correct answer. Profitability analysis planning. Financial accounting planning. Business planning and consolidation. Management accounting planning.

Scenario: You are an SAP consultant tasked with implementing internal order accounting for a company that wants to monitor costs associated with its marketing campaigns. Describe the steps you would take to configure internal order accounting and ensure accurate cost tracking and reporting. There are 3 correct answers to this question. Set up settlement rules to allocate costs to relevant cost centers. Define internal order types specific to marketing campaigns. Configure real-time integration with sales orders. Assign budget values to each internal order. Create a cost center for each marketing campaign.

You are executing an indirect activity allocation. What do you post to the sender and receiver? Please choose the correct answer. 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. You post cost only to both the sender and receiver. You post quantity and cost to both the sender and receiver.

Which data sources can be used for cost estimates in Product Cost Planning? There are 2 correct answers to this question. Routing. Bank statements. Customer invoices. Bill of Materials (BOM).

Which of the following are true regarding settlement of internal orders in SAP S/4HANA? There are 2 correct answers to this question. Internal orders cannot be settled to a cost center. Settlement can be performed periodically or at the end of the order's lifecycle. Internal orders must be settled to a profit center. Settlement rules can be defined manually or automatically.

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

Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA? Please choose the correct answer. COEJ. ACDOCA. CE1XXXX. BSEG.

Which costs exist in SAP S/4HANA? There are 2 correct answers for this question. Primary costs with G/L account. Secondary costs without G/L account. Secondary costs with G/L account. Primary costs without G/L account.

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

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

Which management accounting currencies can you use for evaluation when you use cross-company-code cost accounting? There are 3 correct answers for this question. Reference currency. Object currency. Controlling area currency. Transaction currency. Company code currency.

You are setting up costing-based Profitability Analysis for your organization. How do you configure the different market segments? Please choose the correct answer. As key figures. As divisions. As characteristics. As value fields.

What is a characteristic in CO-PA? Please choose the correct answer. A tool for managing production schedules. A measure of financial performance. A report for financial analysis. An attribute used to describe market segments.

Independent from the cost object, which parameters are always contained in a costing variant? There are 2 correct answers for this question. Valuation variant. Transfer control. Reference variant. Costing type.

Which of the following statements best describe Product Cost by Period? There are 2 correct answers to this question. It is used for joint production with process orders. 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. It is used to analyze work in process based on actual costs.

Which object do you configure to reuse material cost estimate for the costing process? Please choose the correct answer. Transfer control. Valuation variant. Group costing. Quantity structure control.

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

Which cost estimates must you reuse with the transfer control functionality? Please choose the correct answer. Cost estimates across company codes. Cost estimates within the same plant. Cost estimates with quantity structure. Cost estimates with same cost component structure.

You have implemented Product Cost by Sales Order 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 = 2000 - Actual revenue = 1200 - Actual costs = 1000 What data does the system calculate during results analysis? Please choose the correct answer. Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200. Revenue = 1200; Cost of sales = 1000; Revenue surplus = 200. Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300. Revenue = 1500; Cost of sales = 1000; Revenue surplus = 300.

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. Statistical internal order Statistical cost center. Real internal order Statistical cost center. Real internal order Real cost center. Statistical internal order Real cost center.

Which tool is commonly used for creating ad-hoc reports in SAP S/4HANA? Please choose the correct answer. SAP Fiori. SAP Crystal Reports. SAP Analysis for Microsoft Office. SAP Lumira.

You want to run an assessment cycle in Profitability Analysis to allocate cost center costs during period-end closing for your organization. Which of the following objects is part of the assessment cycle? Please choose the correct answer. Template. Cycle iteration. PA transfer structure. Tracing factor.

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 line item values are validated against the original document. The report of the line item is updated in the original FI document. There is the option to assign the line item to several receiver objects. The line item needs a reference to an FI document.

Scenario: You are the cost planning manager at a manufacturing company. You have been tasked with determining the cost of a new product using SAP S/4HANA's Product Cost Planning. Describe the steps you would take to create and analyze the cost estimate, ensuring accuracy and completeness. Please select all the correct answers that apply. Develop a routing plan to outline production steps. Create a Bill of Materials (BOM) for the new product. Mark and release the cost estimate for use in production planning. Process customer invoices to determine pricing. Calculate activity costs and overheads.

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

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

When do you use an assessment instead of a distribution? There are 2 correct answers for this question. When you need the option to reverse the cycle as often as required. When you want to consolidate allocated expenses. When you need to transfer secondary costs. When you want to view the original cost elements on the receiver.

What are the benefits of using valuated sales order stock compared to non-valuated sales order stock? There are 2 correct answers for this question. Combined quantity and value flow analysis. Production cost calculation. Production order settlement to sales order. Simplified inventory value determination.

What are the benefits of adhering to a clean core approach in SAP S/4HANA Cloud Private Edition? There are 2 correct answers to this question. Reduced system maintenance costs. Enhanced system flexibility. Easier implementation of future innovations. Increased need for custom development.

How can you configure cycles for period-end allocation? There are 2 correct answers for this question. Assign several segments to a cycle. Define allocation for the same cost center in multiple segments. Use different allocation rules within one segment. Create cycles that iterate with each other.

To which object do you assign a costing sheet? Please choose the correct answer. Cost component structure. Valuation variant. Costing variant. Transfer control.

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

Which are mandatory attributes, when you create an operating concern with costing-based and account-based CO-PA? There are 2 correct answers for this question. Operating Concern Currency. Second period type. Fiscal year variant. Company code currency in costing-based CO-PA.

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

At which level can you assign a valuation strategy in CO-PA? There are 2 correct answers for this question. Record type. Sales order type. Point of valuation. Costing key.

Which Customizing for Document Splitting settings do you maintain to ensure that financial statements can always be produced separately for each profit center? Please choose the correct answer. Standard account assignmen. Zero-balance. Inheritance. Dummy profit center.

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

How often can cost center assessments be performed in SAP S/4HANA? Please choose the correct answer. Quarterly. Only during budget planning. Monthly, quarterly, or annually. Only at the end of the fiscal year.

Your customer defined one distribution cycle in SAP S/4HANA. You need to define a new distribution cycle. How can you ensure the new cycle is executed only after the existing one is completed? Please choose the correct answer. Assign both cycles to the same cycle run group. Assign each cycle to a different cycle run group. Select iteration in the cycle header of both cycles. Select iteration in the cycle header of the new cycle.

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

Where do you activate commitment management for internal orders? There are 2 correct answers for this question. In the budget profile. In the company code. In the order type. In the controlling area.

What can you use to differentiate two or more cost estimates for the same material? There are 2 correct answers for this question. Valuation variant. Costing version. Transfer control. Costing variant.

Which views can you use to analyze the costing results within the costing run tool? There are 3 correct answers to this question. Costing levels report. Analysis report. Variance report. Work in progress report. Material list report.