Practice C-TS4CO-2020 Questions With Certification guide Q&A from Training Expert TestSimulate
Free SAP C-TS4CO-2020 Test Practice Test Questions Exam Dumps
SAP S/4HANA Management Accounting Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books | Weighting |
|---|---|---|
| Reporting | Determine general reporting requirements for cost centers, configure cost center reporting, and create report painter reports and drill-down reports. TS4F03, TS4F04 OR S4F22, S4F25, S4F29 | 8% - 12% |
| Internal Orders | 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. TS4F03 OR S4F22 | 8% - 12% |
| Cost Center Accounting | Define, create and configure cost centers, cost center hierarchies and cost center groups. Determine usage of Cost Center Accounting and type of planning functionality, cost center accounting activity types, cost center characteristics and attributes, planning requirements, plan allocations requirements and actual allocations for cost centers. Configure period end closing for CCA. TS4F03 OR S4F22 | > 12% |
| Organizational Assignments and Process Integration | Define scopes and processes in Management Accounting, cross-company code design, sub-contracting, production execution, sales pricing, inbound freight, stock transfers, inventory valuation and transfer pricing, work in process rules and high-level requirements for organization units. Configure budgeting and availability control settings and period end closing, define statistical key figures and assign the controlling area to company codes and operating concern. Check number ranges and first integration flows with other modules (CO), and configure versions. TS4F03, TS4F04 OR S4F22, S4F23, S4F25, S4F28, S4F29 | 8% - 12% |
| Profitability Analysis | 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. TS4F04 OR S4F29 | > 12% |
| Product Cost Planning | 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. TS4F03 OR S4F23 | > 12% |
| Profit Center Accounting | 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. TS4F04 OR S4F28 | < 8% |
| Cost Object Controlling | 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. TS4F03, TS4F04 OR S4F25 | > 12% |
NEW QUESTION 23
Which are levels of internal order planning? There are TWO correct answers for this question
- A. Overall planning
- B. Integrated planning
- C. Group costing
- D. Primary and secondary cost and revenue planning
Answer: A,B
NEW QUESTION 24
Where can you adjust the automatic account assignment? There are TWO correct answers for this question
- A. Substitution (TA: GGB1)
- B. Default account assignment (TA: OKB9)
- C. Cost center (TA:KS01)
- D. G/L account (TA: FS00)
Answer: A,B
NEW QUESTION 25
You want to settle primary cost elements and secondary cost elements to different receivers. What do you use?
- A. Source structure
- B. PA transfer structure
- C. Overhead structure
- D. Allocation structure
Answer: A
NEW QUESTION 26
Which are mandatory attributes, when you create an operating concern with costing-based and account-based CO-PA? There are TWO correct answers for this question
- A. Second period type
- B. Fiscal year variant
- C. Company code currency in costing-based CO-PA
- D. Operating Concern Currency
Answer: B,D
NEW QUESTION 27
What are some of the objectives of Profitability Analysis? 2 answers
- A. Allow the company to determine if the sales force achieved their contribution margin goals.
- B. Allow the company to determine standard costs and revenues according to the period accounting u method
- C. Provide the company with a detailed view of its financial statements by responsibility units.
- D. Provide the company with information on the performance of its market segments
Answer: A,D
NEW QUESTION 28
Which default values can you configure for the product cost collector? 2 answers
- A. Costing variant for preliminary costing
- B. Results Analaysis (RA) key
- C. Results Analaysis (RA) version
- D. Variance variant
Answer: A,B
NEW QUESTION 29
For which of the following situations would you need to implement the transfer price solution in SAP S4/HANA ?
- A. Parallel accounting is needed in order to be compliant with different accounting principles
- B. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles
- C. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation
- D. Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation
Answer: D
NEW QUESTION 30
Which receiver must be allowed in the settlement profil of a product cost collector?
- A. Order
- B. Cost center
- C. Business process
- D. Material
Answer: D
NEW QUESTION 31
Which objects do you use when you assign costs and revenue to the value fields in costingbased CO- PA?
- A. Allocation structure
- B. Overhead group
- C. Transfer structure
- D. Allocation template
Answer: A
NEW QUESTION 32
Which cost objects can only be controlled by period? There are TWO correct answers for this question
- A. Process order
- B. Cost object hierarchy
- C. Product cost collector
- D. Production order
Answer: B,C
NEW QUESTION 33
How do you maintain number intervals/ranges in Controlling?
- A. By document type
- B. By company code
- C. By business transaction
- D. By posting key
Answer: C
NEW QUESTION 34
At which level do you define the valuation method for result analysis?
- A. Company code
- B. Sales organization
- C. Controlling area
- D. Operating concern
Answer: C
NEW QUESTION 35
You need to analyze different planning scenarios for cost centers. With which object do you differentiate the planning scenarios?
- A. Company code
- B. CO version
- C. Operating concern
- D. Cost center group
Answer: B
NEW QUESTION 36
Which activity do you perform during period-end in profit center accounting?
- A. Execute template allocation
- B. Settle costs
- C. Post activity allocation
- D. Process distribution cycles
Answer: D
NEW QUESTION 37
What attributes can you configure in the activity type master record? 3 answers
- A. Price indicator
- B. CO version
- C. Valid cost center categories
- D. Company code
- E. Activity type category
Answer: A,C,E
NEW QUESTION 38
You want to define requirement levels for users for the authorization check in Profitability Analysis reporting. Which requirement level would you set to enable user access to all the interactive drill down functions?
- A. 0 - ALL
- B. 2 - Level 2
- C. 3 - ALL
- D. 1 - Level 1
Answer: A
NEW QUESTION 39
Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA?
- A. Field status group
- B. Account type
- C. Account group
- D. Account currency
Answer: B
NEW QUESTION 40
When trying to assign a profit center to a new cost center, you receive an error. What can cause this error?
- A. The profit center has already been assigned to a different cost center
- B. The lock indicator is activated in the profit center master record
- C. The validity period of the cost center is shorter than that of the profit center
- D. The validity period of the profit center is shorter than that of the cost center
Answer: B
NEW QUESTION 41
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