[2023] C_TS4CO_2020 All-in-One Exam Guide Practice To your C_TS4CO_2020 Exam!
Preparations of C_TS4CO_2020 Exam 2023 SAP Certified Application Associate Unlimited 256 Questions
SAP C_TS4CO_2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Profitability Analysis > 12% | Define value fields, characteristics and summary characteristics, determine planning, actual and process flow and security requirements, design process flows and develop authorization concept for reporting of FI / CO data. Configure profitability analysis and determine the operating concern, and assignment to controlling area. Define currency and assign the chart of accounts, result analysis and revenue recognition (in cooperation with FI and SD), and configure period-end closing for PA. |
| Profit Center Accounting < 8% | Create organizational charts for profit centers, determine Profit Centers (in FI in the new GL), create Profit Centers and check master data assignments, and configure period-end closing for PCA. |
| Product Cost Planning > 12% | Determine and configure product cost planning, define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis) and costing versions for alternative costings, determine cost elements structure, cost component structure, planning requirements, costing variants and multi-level costings, and carry out a Price update in the material master record. |
| Cost Object Controlling > 12% | Determine and configure cost object controlling - planning and actuals, and customize and complete cost object controlling in a make to stock scenario and in a make to order scenario. Define WIP, results analysis, variances and revenue recognition (in cooperation with FI and SD) and configure period end closing for cost objects. |
| Internal Orders 8% - 12% | Distinguish between order category and order type. Determine plan data, commitments and actual requirements for internal orders and determine period-end closing activities. Define, create and configure internal orders and create a concept for internal order accounting, and customize internal order accounting, determine settlement rules and configure period-end closing for IOA. |
NEW QUESTION 41
How does the system derive the requirement type from the material master data ?
- A. Strategy group -> planning strategy -> requirements type
- B. Strategy group -> planning strategy -> requirements class -> requirements type
- C. MRP group requirements class -> planning strategy -> requirements type
- D. MRP group -> strategy group -> planning strategy -> requirements type
Answer: A,D
NEW QUESTION 42
What can you define for a user status in the status profile?
- A. The assigned user status after a business transaction is executed
- B. The versions for which you can enter plan data
- C. The business user IDs authorized to change the user status
- D. The order types for which a user status is valid
Answer: A
NEW QUESTION 43
You want to create alternative plan versions for your controlling area, in addition to version 000. What would you use additional CO versions for? 2 answers
- A. To store actual-plan variance
- B. To store different plan data
- C. To store different budget data
- D. To store parallel valuation
Answer: A,B
NEW QUESTION 44
Which tasks can you perform on a production order in a make-to-order scenario with valuated stock?
There are TWO correct answers for this question
- A. Transfer reserves for realized costs
- B. Perform results analysis
- C. Calculate production variances
- D. Settle the variances to CO-PA
Answer: B,D
NEW QUESTION 45
When is the standard hierarchy of the controlling area created?
- A. When the controlling area is defined
- B. When the first cost center for a controlling area is created
- C. When the controlling area is assigned to the operating concern
- D. When the first company code is assigned to the controlling area
Answer: A
NEW QUESTION 46
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.
- A. By marking the Relevance to Costing indicator in the operation
- B. By assigning a cost center to the work center in the operation
- C. By defining a usage key in the header of the routing.
- D. By marking the cost indicator in the control key assigned to the operation
Answer: A,D
NEW QUESTION 47
What attributes can you configure in the activity type master record? 3 answers
- A. CO version
- B. Activity type category
- C. Price indicator
- D. Valid cost center categories
- E. Company code
Answer: B,C,D
NEW QUESTION 48
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 controlling area.
- C. Set the relevant indicator in the planning profile of the order type.
- D. Set the relevant indicator in the internal order master record.
Answer: A,D
NEW QUESTION 49
Independent from the cost object, which parameters are always contained in a costing variant? There are TWO correct answers for this question
- A. Reference variant
- B. Costing type
- C. Valuation variant
- D. Transfer control
Answer: B,C
NEW QUESTION 50
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 used when controlling by individual production lots or discrete quantities is needed.
- C. It is used when full cost traceability is needed.
- D. It is recommended for products with a long production time.
Answer: B,C
NEW QUESTION 51
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?
- A. Periodic-accounting based
- B. Account-based only
- C. Both account-based and costing-based
- D. Costing-based only
Answer: B
NEW QUESTION 52
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 only in the controlling area.
- 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 version and the order type.
Answer: A
NEW QUESTION 53
You are setting up a direct internal allocation in SAP S4/HANA.
What are valid receivers for the activity? 3 answers
- A. Network
- B. General ledger
- C. Statistical overhead order
- D. Sales order item
- E. Cost center
Answer: A,D,E
NEW QUESTION 54
To which object do you assign a costing sheet ?
- A. Costing variant
- B. Cost component structure
- C. Valuation variant
- D. Transfer control
Answer: C
NEW QUESTION 55
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?
- A. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
- B. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
- C. Parallel accounting is needed in order to be compliant with different accounting principles.
- D. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
Answer: B
NEW QUESTION 56
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 periodic costs outweigh daily postings.
- C. It is used when the focus of controlling is on a stable and continuous production process.
- D. It is used in conjunction with a product cost collector.
Answer: C,D
NEW QUESTION 57
You are implementing SAP S4/HANA and you want to run analytical reports off a single data model.
Which statement best describes reporting in SAP S4/HANA?
- A. Reporting on data is available in real time at every level of detail.
- B. Reporting can be either broad and deep for analysis, or speedy and simple, but not both.
- C. Reporting on data in real time is difficult, and complex to design.
- D. Reporting analytical data is always done in business warehouse system.
Answer: A
NEW QUESTION 58
You are setting up costing-based Profitability Analysis for your organization. How do you configure the different market segments?
- A. As characteristics
- B. As key figures
- C. As divisions
- D. As value fields
Answer: A
NEW QUESTION 59
You have activated budget availability control for an internal order and entered an overall budget of
10000. Actuals of 10000 were posted for this internal order in the current year. How is that possible ? 2 Answer
- A. The purchase order was entered in a different year than the budget
- B. The cost element is exempted from budget availability control
- C. The difference of 1000 is within the tolerance limits defined in the configuration
- D. The purchase order has NOT generated a budget document yet.
Answer: A,B
NEW QUESTION 60
Which parameters are controlled by the costing type in a costing variant? Note: There are 2 correct answers to this question.
- A. Costing sheet
- B. Price for materials
- C. Price updates
- D. Save with date key
Answer: C,D
NEW QUESTION 61
Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA?
- A. COEJ
- B. BSEG
- C. CE1XXXX
- D. ACDOCA
Answer: D
NEW QUESTION 62
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 to which the profit center standard hierarchy is assigned to.
- C. All company codes within the controlling area.
- D. All company codes maintained in your authorization profile.
Answer: C
NEW QUESTION 63
You are setting up direct internal activity allocation in SAP S/4HANA.
What are valid receivers for the activity? 3answers
- A. Network
- B. General ledger account
- C. Sales order item
- D. Cost center
- E. Stastical overhead order
Answer: A,C,D
NEW QUESTION 64
What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.
- A. You can enter costs and revenues.
- B. You can plan multiple versions.
- C. You can define tolerance limits for plan overspend.
- D. Availability control can check against plan values.
Answer: A,B
NEW QUESTION 65
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