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SAP C-TS4CO-2021 is an SAP certification exam designed for management accounting associates who aim to validate their knowledge and skills in SAP S/4HANA for Management Accounting. C-TS4CO-2021 exam is intended to test the candidate's ability to manage accounting tasks, including cost center accounting, product cost planning, and profitability analysis, among others, using the SAP S/4HANA system.
By earning the SAP C_TS4CO_2021 certification, individuals can demonstrate their expertise in SAP S/4HANA for Management Accounting Associates to potential employers. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification can help professionals advance their careers in finance and accounting departments, as well as provide a competitive advantage in the job market. Additionally, this certification can help businesses identify individuals with the knowledge and skills necessary to effectively use SAP S/4HANA for financial planning, analysis, and reporting.
NEW QUESTION # 15
You are considering using commitment management with internal orders. What do you need to do in the configuration?
- A. Activate commitment management only in the controlling area.
- B. Activate commitment management in both the version and the order type.
- C. Activate commitment management in the controlling area, the order type, and in individual internal order master data.
- D. Activate commitment management in both the controlling area and the order type.
Answer: D
NEW QUESTION # 16
You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?
- A. Distribution
- B. Direct activity allocation
- C. Assessment
- D. Periodic reposting
Answer: C
NEW QUESTION # 17
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.
- A. Internal order
- B. WBS element
- C. General ledger account
- D. Sales order item
- E. Profit center
Answer: A,B,D
NEW QUESTION # 18
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?
- A. An extension ledger of type "Prediction and Commitment"
- B. A new standard G/L ledger with exclusive usage of "Prediction"
- C. An extension ledger of type "Simulation"
- D. A multi-valuation ledger
Answer: A
NEW QUESTION # 19
What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.
- A. You can plan multiple versions.
- B. Availability control can check against plan values.
- C. You can define tolerance limits for plan overspend.
- D. You can enter costs and revenues.
Answer: A,D
NEW QUESTION # 20
Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.
- A. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analysis Tools for reporting.
- B. It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.
- C. It is the core SAP S4/HANA license and users the same technical stack and user interface.
- D. It uses core data services (CDS ) views to create virtual data models (VDMs ) for reporting.
Answer: C,D
NEW QUESTION # 21
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?
- A. PA transfer structure
- B. Source structure
- C. Cost component structure
- D. Allocation structure
Answer: A
NEW QUESTION # 22
You post a billing document for a sales order with sales order controlling. What data flows to Profit Center Accounting? Note: There are 2 correct answers to this question.
- A. Payment Discount
- B. Sales deductions
- C. Order quantity
- D. Revenues
Answer: B,D
NEW QUESTION # 23
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.
- A. Profitability Analysis (CO-PA) is activated.
- B. The material in the sales order item is a service.
- C. The sales order item is a cost object.
- D. The sales order item is assigned to a project.
Answer: A,D
NEW QUESTION # 24
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?
- A. Periodic-accounting based
- B. Costing-based only
- C. Both account-based and costing-based
- D. Account-based only
Answer: D
NEW QUESTION # 25
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.
- A. To store data of alternative plan costing runs
- B. To store different budget data
- C. To store data of parallel valuation
- D. To store different plan data
Answer: C,D
NEW QUESTION # 26
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?
- A. Reporting analytical data is always done in a business warehouse system.
- B. Reporting can be either broad and deep for analysis, or speedy and simple, but not both.
- C. Reporting on data is available in real-time at every level of detail.
- D. Reporting on data in real time is difficult, and complex to design.
Answer: C
NEW QUESTION # 27
You want to maintain a cost component structure. What can you determine for each cost component? Note:
There are 3 correct answers to this question.
- A. Relevance of cost component to results analysis
- B. Relevance of cost component to inventory valuation
- C. Assignment of cost component to calculation base for overheads in costing sheet
- D. Assignment of cost component of cost component group
- E. Relevance of cost component to goods manufactured
Answer: B,D,E
NEW QUESTION # 28
What parameters can you set up when defining order types?
- A. Define source structure.
- B. Allow revenue postings.
- C. Define default parameters for master record fields.
- D. Define document type.
Answer: B,C
NEW QUESTION # 29
In a standard system delivery, how many free characteristics can be added to an operating concern?
- A. 71-100
- B. 101-150
- C. 0-70
- D. Over 150
Answer: C
NEW QUESTION # 30
For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.
- A. Cost elements
- B. Cost centers
- C. Functional areas
- D. Profit centers
- E. Internal orders
Answer: B,D,E
NEW QUESTION # 31
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.
- A. Price indicator
- B. Activity type category
- C. CO version
- D. Valid cost center categories
- E. Company code
Answer: A,B,D
NEW QUESTION # 32
To which object do you assign a costing sheet?
- A. Transfer control
- B. Costing variant
- C. Valuation variant
- D. Cost component structure
Answer: C
NEW QUESTION # 33
What can you manage via the account assignment category? Note: There are 2 correct answers to this question.
- A. Valuation of separate sales order stock
- B. Costing variant
- C. Product cost by sales order
- D. Separate sales order stock
Answer: A,D
NEW QUESTION # 34
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.
- A. Set the relevant indicators in the CO version.
- B. Set the relevant indicator in the planning profile of the order type.
- C. Set the relevant indicator in the internal order master record.
- D. Set the relevant indicator in the controlling area.
Answer: A,C
NEW QUESTION # 35
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