C_TS4CO_2021 Online Practice Questions and Answers

For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.

A. Cost centers

B. Internal orders

C. Functional areas

D. Cost elements

E. Profit centers

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. The sales order item is a cost object.

B. Profitability Analysis (CO-PA) is activated.

C. The material in the sales order item is a service.

D. The sales order item is assigned to a project.

You want to prevent reporting extreme periodic fluctuations in your PandL statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?

A. Periodic reporting

B. Accrual calculation

C. Budget availability control

D. Indirect activity allocation

Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? Note: There are 2 correct answers to this question.

A. It can be overwritten in the application.

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

C. It takes precedence over validation and substitution.

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

Which statements are relevant to the cost of sales accounting method in profitability management? Note: There are 2 correct answers to this question.

A. It presents the costs and revenues information in a format that is ideal for conducting margin analyses.

B. It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities.

C. It aims to summarize activity and situational change for a given organizational unit over a period of time.

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

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 plan data

C. To store data of parallel valuation

D. To store different budget data

How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.

A. Secondary costs are captured as secondary cost element, and not as general ledger accounts.

B. Primary and secondary costs are captured in general ledger accounts.

C. All primary and secondary costs are captured by creating them as cost elements.

D. Only primary costs are captured in general ledger accounts.

You create a new profit center. Which company code(s) is it assigned to by default?

A. All company codes where profit center accounting is activated.

B. All company codes maintained in your authorization profile.

C. All company codes within the controlling area.

D. All company codes to which the profit center standard hierarchy is assigned to.

You are considering using commitment management with internal orders. What do you need to do in the configuration?

A. Activate commitment management in both the controlling area and the order type.

B. Activate commitment management in the controlling area, the order type, and in individual internal order master data.

C. Activate commitment management in both the version and the order type.

D. Activate commitment management only in the controlling area.

You want to use budget availability control for your projects and internal orders. What can you check using budget availability control? Note: There are 2 correct answers to this question.

A. The availability of funds using overall plan value

B. The availability of funds according to tolerance limits

C. The availability of funds in object currency

D. The availability of funds on period level