Get Sep-2023 updated Exam C-TS4CO-2021 Dumps with New Questions
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SAP C-TS4CO-2021 certification exam consists of 80 questions that need to be answered within 180 minutes. The questions are of multiple-choice type, and the passing score is 64%. C-TS4CO-2021 exam can be taken in English, Japanese, or Korean languages. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification is valid for three years, and candidates need to recertify to maintain their certification status. Overall, the SAP C-TS4CO-2021 certification exam is an excellent opportunity for professionals to validate their skills and knowledge in SAP S/4HANA Management Accounting and enhance their career prospects.
SAP C-TS4CO-2021 exam is an excellent certification for individuals who want to demonstrate their knowledge and skills in SAP S/4HANA for management accounting. It is a valuable asset to any individual who is responsible for managing financial processes in an organization and can help to enhance their career prospects. By passing C-TS4CO-2021 exam, individuals can demonstrate their expertise in SAP S/4HANA for management accounting and can help organizations to improve their financial processes.
NEW QUESTION # 27
For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.
- A. Internal orders
- B. Cost elements
- C. Profit centers
- D. Cost centers
- E. Functional areas
Answer: A,C,D
NEW QUESTION # 28
Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question.
- A. It is used to analyze work in process (WIP) based on actual costs.
- B. It is used when the focus of controlling is on a stable and continuous production process.
- C. It is used in conjunction with a product cost collector.
- D. It is used when periodic costs outweigh daily postings.
Answer: B,C
NEW QUESTION # 29
Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.
- A. Inventory cost estimate of all the materials in one plant
- B. Product cost collector cost estimate in one plant
- C. Current cost estimate of all the materials in all controlling area
- D. Standard cost estimate of all the materials in all plants of a controlling area
Answer: A,B
NEW QUESTION # 30
What parameters can you set up when defining order types?
- A. Define document type.
- B. Define source structure.
- C. Allow revenue postings.
- D. Define default parameters for master record fields.
Answer: C,D
NEW QUESTION # 31
How does the system derive the requirement type from the material master data? Note: There are 2 correct answers to this question.
- A. MRP group -> Strategy group -> planning strategy -> requirements type
- B. Strategy group -> planning strategy -> requirements type
- C. Strategy group -> planning strategy -> requirements class -> requirements type
- D. MRP group -> requirements class -> planning strategy -> requirements type
Answer: A,B
NEW QUESTION # 32
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 is possible to derive the profit center from the segment in configuration.
- B. It can be used in the settlement rule for internal order.
- C. It can be used with period and/or cost of sale accounting.
- D. It is integrated in the universal journal.
Answer: C,D
NEW QUESTION # 33
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 indicator in the internal order master record.
- B. Set the relevant indicators in the CO version.
- C. Set the relevant indicator in the controlling area.
- D. Set the relevant indicator in the planning profile of the order type.
Answer: A,B
NEW QUESTION # 34
In which module do you process profit center allocations in SAP S/4HANA?
- A. Cost center accounting
- B. General ledger accounting
- C. Product cost accounting
- D. Account-based profitability analysis
Answer: B
NEW QUESTION # 35
How can you populate local variables in Profitability Analysis reports?
- A. By populating from user parameters
- B. By Business Add-In
- C. By user entry during report execution
- D. By user exit
Answer: C
NEW QUESTION # 36
Which field can you select for both reporting in costing based and account-based Profitability Analysis?
- A. Version
- B. Value in Controlling Area Currency
- C. Record type
- D. Cost element
Answer: A
NEW QUESTION # 37
What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are
2 correct answers to this question.
- A. Cost of goods sold split by cost components
- B. Production variances split by variance categories
- C. Value of conditions of pricing procedure
- D. Value of "Gross Margin 2"
Answer: A,C
NEW QUESTION # 38
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. Allocation structure
- B. Cost component structure
- C. PA transfer structure
- D. Source structure
Answer: C
NEW QUESTION # 39
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 takes precedence over validation and substitution.
- B. It can be defined for postings on general ledger accounts of primary costs type.
- C. It can be defined for postings on general ledger accounts of secondary costs type.
- D. It can be overwritten in the application.
Answer: A,B
NEW QUESTION # 40
You want to understand why cost are collected on sales order item level. What do you need to in the configuration? Note: There are 3 correct answers to this question.
- A. Costing type
- B. Requirements class
- C. Valuation variant
- D. Requirement type
- E. Account assignment category
Answer: B,D,E
NEW QUESTION # 41
You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirements must be fulfilled? Note: There are 2 correct answers to this question.
- A. Account-based Profitability Analysis must be active.
- B. Costing-based Profitability Analysis must be active.
- C. The type of the general ledger account must be primary cost/revenue or secondary cost.
- D. The type of the addressed ledger must be an extension ledger.
Answer: A,C
NEW QUESTION # 42
In a standard system delivery, how many free characteristics can be added to an operating concern?
- A. 0-70
- B. 71-100
- C. Over 150
- D. 101-150
Answer: A
NEW QUESTION # 43
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 percentage of completion (PoC) method or variances
- C. WIP at target costs or variances
- D. WIP at actual costs or variances
Answer: D
NEW QUESTION # 44
What are some of the unique attributes of an assessment cycle in Controlling? Note: There are 2 correct answers to this question.
- A. They use a secondary cost element during transfer.
- B. They transfer only primary costs.
- C. They use the original cost element during transfer
- D. They transfer primary and secondary costs.
Answer: A,D
NEW QUESTION # 45
You have implemented Product Cost by Sales Oder 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 cost=1000
What data does the system calculate during results analysis?
- A. "Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200"
- B. "Revenue = 1500; Cost of sales = 1000; Revenue surplus =300"
- C. "Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300"
- D. "Revenue = 1200; Cost of sales = 1000; Revenue surplus =200"
Answer: C
NEW QUESTION # 46
Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.
- A. It uses core data services (CDS ) views to create virtual data models (VDMs ) for reporting.
- B. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analysis Tools for reporting.
- C. It is the core SAP S4/HANA license and users the same technical stack and user interface.
- D. It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.
Answer: A,C
NEW QUESTION # 47
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 material in the sales order item is a service.
- B. Profitability Analysis (CO-PA) is activated.
- C. The sales order item is a cost object.
- D. The sales order item is assigned to a project.
Answer: B,D
NEW QUESTION # 48
Which processes split costs into their primary cost components? Note: There are 2 correct answers to this question.
- A. Execution of the assessment cycles
- B. Business process price calculation
- C. Cost center/activity type price calculation
- D. Settlement of internal orders
Answer: B,C
NEW QUESTION # 49
You want to create a new standard cost estimate based on the quantity structure of the existing standard cost estimate. Which object do you use?
- A. Reference variant
- B. Costing type
- C. Transfer control
- D. Costing version
Answer: C
NEW QUESTION # 50
Which parameters are controlled by the costing type in a costing variant? Note: There are 2 correct answers to this question.
- A. Price updates
- B. Save with date key
- C. Price for materials
- D. Costing sheet
Answer: A,B
NEW QUESTION # 51
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?
- A. Parallel accounting is needed in order to be compliant with different accounting principles.
- B. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
- C. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
- D. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
Answer: B
NEW QUESTION # 52
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Passing the SAP C-TS4CO-2021 exam is a valuable achievement for professionals who work with SAP S/4HANA Management Accounting solutions. It demonstrates a deep understanding of the software and the ability to implement and customize it to meet the needs of an organization. With this certification, professionals can enhance their career prospects and take on more advanced roles in their organization.
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