Verified C-TS4CO-2023 exam dumps Q&As with Correct 85 Questions and Answers [Q33-Q54]

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Verified C-TS4CO-2023 exam dumps Q&As with Correct 85 Questions and Answers

SAP C-TS4CO-2023 Test Engine PDF - All Free Dumps from ValidDumps


SAP C-TS4CO-2023 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Profit Center Accounting: It covers organizational charts, Profit Centers, data assignments, and period-end closing for PCA.
Topic 2
  • Internal Order Accounting: This topic focuses on order category, order type, commitments, internal orders, settlement rules, and period-end closing for IOA.
Topic 3
  • Cost Center Accounting: The topic focuses on cost centers, cost center hierarchies, and cost center groups. Furthermore, it discusses planning functionality, accounting activity types, cost center characteristics, and period end closing for CCA.
Topic 4
  • Cost Object Controlling: This topic addresses the concepts of determining and configuring cost object controlling. It also discusses cost object controlling, WIP, results analysis, variances and revenue recognition.
Topic 5
  • Product Cost Planning: This topic discusses product cost planning, cost elements structure, cost component structure, planning requirements, costing variants and multi-level costings.
Topic 6
  • Organizational Assignments and Process Integration: The topic focuses on cross-company code design, production execution, sales pricing, inbound freight, stock transfers, and transfer pricing.
Topic 7
  • Managing Clean Core: The topic discusses process agility, adaptation efforts, and acceleration of innovation.
Topic 8
  • Reporting: It covers general reporting requirements for cost centers. Moreover, the topic discusses cost center reporting, drill-down reports, and painter reports.

 

NEW QUESTION # 33
What are some of the objectives of Profitability Analysis? Note: There are 2 correct answers to this question.

  • A. Allow the company to determine standard costs and revenues according to the period accounting method.
  • B. Allow the company to determine if the sales force achieved their contribution margin goals.
  • C. Provide the company with information on the performance of its market segments.
  • D. Provide the company with a detailed view of its financial statements by areas of responsibilities.

Answer: B,C


NEW QUESTION # 34
How do you define the relationship between an operating concern and a controlling area?

  • A. Many-to-many (N:M)
  • B. Many-to-one (N:1)
  • C. One-to-one (1:1)
  • D. One-to-many (1:N)

Answer: D


NEW QUESTION # 35
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. Valuation variant
  • B. Requirements class
  • C. Requirement type
  • D. Account assignment category
  • E. Costing type

Answer: B,C,D


NEW QUESTION # 36
How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.

  • A. Primary and secondary costs are captured in general ledger accounts.
  • B. Only primary costs are captured in general ledger accounts.
  • C. Secondary costs are captured as secondary cost element, and not as general ledger accounts.
  • D. All primary and secondary costs are captured by creating them as cost elements.

Answer: A,D


NEW QUESTION # 37
Which of the following steps are part of the procedure to update the standard price of the material? Note: There are 2 correct answers to this question.

  • A. Split the costs.
  • B. Release the cost estimate.
  • C. Mark the cost estimate.
  • D. Archive the cost estimates.

Answer: B,C


NEW QUESTION # 38
Why would you use manual cost allocation in Controlling? Note: There are 2 correct answers to this question.

  • A. To run simple allocations of actual data
  • B. To correct secondary postings
  • C. To run simple allocations of plan data
  • D. To allocate costs using an allocation cycle

Answer: A,B


NEW QUESTION # 39
Which of the following objects can be selected in templates for activity-based costing? Note: There are 2 correct answers to this question.

  • A. WBS element
  • B. Cost center/activity type
  • C. Business process
  • D. Internal order

Answer: A,D


NEW QUESTION # 40
Which receiver must be allowed in the settlement profile of product cost collector?

  • A. G/L Account
  • B. Order
  • C. Cost center
  • D. Material

Answer: D


NEW QUESTION # 41
You use a production order with Product Cost by Period and you entered a results analysis key and variance key. How does the system calculate variances in Product Cost by Period?

  • A. Variances = Actual costs - Delivery value
  • B. Variances = Target costs - Delivery value - WIP
  • C. Variances = Actual costs - Delivery value - WIP
  • D. Variances = Target costs - Delivery value

Answer: C


NEW QUESTION # 42
In which module do you process profit center allocations in SAP S/4HANA?

  • A. Cost center accounting
  • B. General ledger accounting
  • C. Account-based profitability analysis
  • D. Product cost accounting

Answer: B


NEW QUESTION # 43
You want to use template to consider overhead during product costing. How do you assign the template to your material?

  • A. Using an overhead group and an overhead key
  • B. Using an origin group and an overhead group
  • C. Using a profit center and an overhead key
  • D. Using a special procurement type and an overhead group

Answer: A


NEW QUESTION # 44
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. Settlement of internal orders
  • C. Cost center/activity type price calculation
  • D. Business process price calculation

Answer: C,D


NEW QUESTION # 45
Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.

  • A. Result Analysis (RA) Version
  • B. Costing variant for preliminary costing
  • C. Result Analysis (RA) key
  • D. Variance variant

Answer: B,C


NEW QUESTION # 46
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 = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300"
  • B. "Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200"
  • C. "Revenue = 1200; Cost of sales = 1000; Revenue surplus =200"
  • D. "Revenue = 1500; Cost of sales = 1000; Revenue surplus =300"

Answer: A


NEW QUESTION # 47
You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?

  • A. Accrual calculation
  • B. Budget availability control
  • C. Periodic reporting
  • D. Indirect activity allocation

Answer: A


NEW QUESTION # 48
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 secondary costs type.
  • B. It takes precedence over validation and substitution.
  • C. It can be defined for postings on general ledger accounts of primary costs type.
  • D. It can be overwritten in the application.

Answer: B,C


NEW QUESTION # 49
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. Profitability Analysis (CO-PA) is activated.
  • B. The sales order item is a cost object.
  • C. The sales order item is assigned to a project.
  • D. The material in the sales order item is a service.

Answer: A,C


NEW QUESTION # 50
You want enable WIP calculation in Product Cost by Period. What do you need to configure?

  • A. Valuation variant
  • B. Profitability Analysis (PA) transfer structure
  • C. Variance variant
  • D. Settlement profile

Answer: A


NEW QUESTION # 51
What can you manage via the account assignment category? Note: There are 2 correct answers to this question.

  • A. Product cost by sales order
  • B. Valuation of separate sales order stock
  • C. Costing variant
  • D. Separate sales order stock

Answer: B,D


NEW QUESTION # 52
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. PA transfer structure
  • B. Allocation structure
  • C. Cost component structure
  • D. Source structure

Answer: A


NEW QUESTION # 53
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 price calculation and invoicing are needed to facilitate intercompany reconciliation.
  • C. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
  • D. Parallel accounting is needed in order to be compliant with different accounting principles.

Answer: C


NEW QUESTION # 54
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