SAP C_TS4CO_2021 Test Engine Practice Test Questions, Exam Dumps [Q47-Q66]

Topic	Details
Topic 1	Determine plan data, commitments and actual requirements for internal orders Define WIP, results analysis, variances and revenue recognition (in cooperation with FI and SD)
Topic 2	Determine and configure product cost planning Determine usage of Cost Center Accounting and type of planning functionality
Topic 3	Distinguish between order category and order type Define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis) and costing versions for alternative costings
Topic 4	Determine and configure cost object controlling – planning and actuals, and customize and complete cost object controlling Internal Order Accounting

NEW QUESTION 47
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

NEW QUESTION 48
Which receiver must be allowed in the settlement profile of product cost collector?

Cost center

Material

Order

G/L Account

NEW QUESTION 49
What does SAP/S4HANA select line-item-based data for costing based Profitability Analysis reports?

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.

NEW QUESTION 50
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.

NEW QUESTION 51
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.

NEW QUESTION 52
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

NEW QUESTION 53
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

NEW QUESTION 54
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

NEW QUESTION 55
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.

Allow 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 period accounting method.

NEW QUESTION 56
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

NEW QUESTION 57
Which statements are relevant to the cost of sales accounting method in profitability management? Note:
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 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.

It aims to match revenues for goods and services against sales-related expenses.

NEW QUESTION 58
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.

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

NEW QUESTION 59
In the material master record there are three planned prices: “”Planned price 1″”, “”Planned price
2″”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

NEW QUESTION 60
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.

It can be defined for postings on general ledger accounts of secondary costs type.

It takes precedence over validation and substitution.

It can be defined for postings on general ledger accounts of primary costs type.

NEW QUESTION 61
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

Costing-based only

NEW QUESTION 62
In a standard system delivery, how many free characteristics can be added to an operating concern?

0-70

101-150

71-100

Over 150

NEW QUESTION 63
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.

NEW QUESTION 64
You want to determine which operations of the routing should be considered in a product cost 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.

NEW QUESTION 65
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

NEW QUESTION 66
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 characteristic value in the check table

By defining the characteristic value as a key figure