SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) (C_TS4CO_2020) Free Practice Test

Question 1

What action do you perform to use the Cost-Based Percentage of Completion (POC) method?

A. Billing of a sales order during production

B. Costing of an order

C. Running the results analysis

D. Setting to profitability analysis

Correct Answer: C

Question 2

At which level do you define the valuation method for result analysis?

A. Controlling area

B. Operating concern

C. Sales organization

D. Company code

Correct Answer: A

Question 3

Which characteristic of an internal order does the order type control?

A. Budget profile assigned to the order

B. Time period for which the order is valid

C. Types of costs posted to the order

D. Controlling areas the order is assigned to

Correct Answer: A

Question 4

What can you use to difference two or more cost estimates for the same material? There are TWO correct answers for this question

A. Costing variant

B. Costing version

C. Transfer control

D. Valuation variant

Correct Answer: A,D

Question 5

Which functionalities can create primary coost component splits? 2 answers

A. Settlement of internal orders

B. Business processes price calculation

C. Execution of the assessment cycles

D. Cost center/activity type price calculation

Correct Answer: A,B

Question 6

At what level do you create the structure of the operating concern?

A. Client level

B. Company code level

C. Sales organization level

D. Controlling area level

Correct Answer: A

Question 7

You want to maintain a cost component structure. What can you determine for each cost component?

A. Relevance of cost component to inventory valuation

B. Assignment of cost component to calculation base for overheads in costing sheet

C. Relevance of cost component to results analysis

D. Relevance of cost component to goods manufactured

E. Assignment of cost component to cost component group

Correct Answer: A,B,C

Question 8

Where can you adjust the automatic account assignment? There are TWO correct answers for this question

A. Substitution (TA: GGB1)

B. Cost center (TA:KS01)

C. Default account assignment (TA: OKB9)

D. G/L account (TA: FS00)

Correct Answer: A,C

Question 9

When trying to assign a profit center to a new cost center, you receive an error. What can cause this error?

A. The validity period of the profit center is shorter than that of the cost center

B. The lock indicator is activated in the profit center master record

C. The profit center has already been assigned to a different cost center

D. The validity period of the cost center is shorter than that of the profit center

Correct Answer: B

Question 10

Which component provides insight into the effectiveness and results for areas of responsibility within the enterprise?

A. Profitability analysis

B. Profit center accounting

C. Results analysis

D. Revenue accounting and reporting

Correct Answer: B

Question 11

You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? 3 Answers

A. To set the initial status as Created or Released

B. To define users for the order

C. To permit or forbid specific transactions

D. To activate the CO partner update

E. To define the user status

Correct Answer: A,C,E

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SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) (C_TS4CO_2020) Free Practice Test