C_TS4CO_2021 Online Practice Questions and Answers

To which object do you assign a costing sheet?

A. Valuation variant

B. Transfer control

C. Cost component structure

D. Costing variant

What are some of the objectives of Profitability Analysis? Note: There are 2 correct answers to this question.

A. Provide the company with information on the performance of its market segments.

B. Allow the company to determine if the sales force achieved their contribution margin goals.

C. Provide the company with a detailed view of its financial statements by areas of responsibilities.

D. Allow the company to determine standard costs and revenues according to the period accounting method.

How do you maintain number range intervals in Controlling?

A. By account type

B. By cost element category

C. By business transactions

D. By document type

How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?

A. By defining the characteristic value as a value field

B. By defining the characteristic value in the field catalog

C. By defining the characteristic value in the check table

D. By defining the characteristic value as a key figure

In the Product Cost by Order process, what does the system calculate depending on the order status?

A. Both WIP and variances

B. WIP at actual costs or variances

C. WIP at target costs or variances

D. WIP at percentage of completion (PoC) method or variances

What are the some of the characteristics of Profit Center Accounting in SAP S4/HANA? Note: There are 2 correct answers to this question.

A. It can be used in the settlement rule for internal order.

B. It is integrated in the universal journal.

C. It can be used with period and/or cost of sale accounting.

D. It is possible to derive the profit center from the segment in configuration.

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. You can enter costs and revenues.

C. You can define tolerance limits for plan overspend.

D. Availability control can check against plan values.

Which of the following steps are part of the procedure to update the standard price of the material? Note: There are 2 correct answers to this question.

A. Release the cost estimate.

B. Archive the cost estimates.

C. Mark the cost estimate.

D. Split the costs.

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

Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question.

A. It is used when you perform repetitive manufacturing.

B. It is recommended for products with a long production time.

C. It is used when full cost traceability is needed.

D. It is used when controlling by individual production lots or discrete quantities is needed.