SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) (C-TS4CO-2020) Free Practice Test

Question 1

You want to creat cost centers for you company. What is the prerequisite to building an organizational structure for overhead cost controlling?

A. Cost center category

B. Functional area

C. Standard hierarchy top node

D. Cost center type

Correct Answer: C

Question 2

Which object do you configure to reuse material cost estimate for the costing process?

A. Group costing

B. Quantity structure control

C. Transfer control

D. Valuation variant

Correct Answer: C

Question 3

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 defined for postings on general ledger accounts of primary costs type.

B. It can be overwritten in the application.

C. It takes precedence over validation and substitution.

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

Correct Answer: A,C

Question 4

How do you maintain number intervals/ranges in Controlling?

A. By business transaction

B. By document type

C. By company code

D. By posting key

Correct Answer: A

Question 5

Which customizing activity do you perform in overhead cost controlling?

A. Create value fields

B. Define cost centers categories

C. Maintain costing variant parameters

D. Define cost center categories

Correct Answer: D

Question 6

A profit center standard hierarchy contains all profit centers that are assigned to which organizational unit ?

A. Controlling area

B. Operating concern

C. Client

D. Plant

Correct Answer: A

Question 7

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 different budget data

B. To store different plan data

C. To store data of alternative plan costing runs

D. To store data of parallel valuation

Correct Answer: B,D

Question 8

Which of the following objects can be selected in templates for activity-based costing? 2 answers

A. internal order

B. Business process

C. Cost center/activity typ

D. WBS element

Correct Answer: B,C

Question 9

Which cost estimates must you reuse with the transfer control functionality?

A. Cost estimates within the same plant

B. Cost estimates across company codes

C. Cost estimates with same cost component structure

D. Cost estimates with quantity structure

Correct Answer: C

Question 10

Which processes split costs into their primary cost components? Note: There are 2 correct answers to this question.

A. Settlement of internal orders

B. Business process price calculation

C. Execution of the assessment cycles

D. Cost center/activity type price calculation

Correct Answer: B,D

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SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) (C-TS4CO-2020) Free Practice Test