[Aug-2021] C_TS4CO_2020 Pre-Exam Practice Tests | Exam Questions and Answers for SAP Certified Application Associate Study Guide
SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) Certification Sample Questions
NEW QUESTION 29
What are some of the characteristics of Profit Center Accounting in SAp S/4HANA? 2 answers
- A. It can be used with period and/or cost of sales accounting
- B. It can be used in the settlement rule for internal orders
- C. It is integrated in the universal journal
- D. It is possible to derive the profit center from the segment in configuration
Answer: A,C
NEW QUESTION 30
You are executing an indirect activity allocation. What do you post to the sender and receiver?
- A. You post both quantoty and cost to the sender, and cost only to receiver.
- B. You post cost only to both the sender and receiver
- C. You post both quantity and cost to the receiver, and cost only to the sender
- D. You post quantity and cost to both the sender and receiver
Answer: B
NEW QUESTION 31
You want to run an assessment cycle in Profitability Analysis to allocate cost centers costs during period- end closing for your organization. Which of the following objects is part of the assessment cycle?
- A. Cycle iteration
- B. Tracing factor
- C. Template
- D. PA transfer structure
Answer: B
NEW QUESTION 32
You want to settle primary cost elements and secondary cost elements to different receivers. What do you use?
- A. Source structure
- B. Allocation structure
- C. PA transfer structure
- D. Overhead structure
Answer: A
NEW QUESTION 33
What is the default option for planning profit center values in SAP S/4HANA?
- A. Business planning and consolidation
- B. Financial accounting planning
- C. Profitability analysis planning
- D. Management accounting planning
Answer: A
NEW QUESTION 34
Where can you adjust the automatic account assignment? There are TWO correct answers for this question
- A. G/L account (TA: FS00)
- B. Cost center (TA:KS01)
- C. Default account assignment (TA: OKB9)
- D. Substitution (TA: GGB1)
Answer: C,D
NEW QUESTION 35
In which module do you process profit center allocations in SAP S4/HANA
- A. Cost center Accounting
- B. General Ledger Accounting
- C. Product Cost Accounting
- D. Profit center Accounting
Answer: D
NEW QUESTION 36
Which management accounting currencies can you use for evaluation when you use crosscompany- cocie cost accounting? There are THREE correct answers for this question
- A. Object currency
- B. Transaction currency
- C. Company code currency
- D. Controlling area currency
- E. Reference currency
Answer: A,C,D
NEW QUESTION 37
What is the highest reporting level in management accounting?
- A. Company code
- B. Profit center
- C. Controlling area
- D. Operating concern
Answer: D
NEW QUESTION 38
Independent from the cost object, which parameters are always contained in a costing variant? There are TWO correct answers for this question
- A. Costing type
- B. Transfer control
- C. Reference variant
- D. Valuation variant
Answer: A,D
NEW QUESTION 39
What is the highgest reporting level in management accounting?
- A. Company code
- B. Profit center
- C. Controlling area
- D. Operating concern
Answer: D
NEW QUESTION 40
What tasks are performed by the system during activity allocation? There are TWO correct answers for this question
- A. The sender cost object is debited and the receiver cost object is credited
- B. The cost element is derived from the master data for the activity type
- C. The allocation amount is calculated based on the quantity and price of the activity
- D. A primary costs G/L account is used for debiting and crediting
Answer: B,C
NEW QUESTION 41
Plan revenu = 3000 Plan costs = 2000 Actual revenue = 1200 Actual costs = 1000
- A. Revenue = 1200; Cost of sales = 800; WIP = 200
- B. Revenue = 1200; Cost of sales = 1000; WIP = 200
- C. Revenue = 1200; Cost of sales = 800; Reserve = 200
- D. Revenue = 1200; Cost of sales = 1000; Reserve = 200
Answer: A
NEW QUESTION 42
Which cost objects can only be controlled by period? There are TWO correct answers for this question
- A. Process order
- B. Product cost collector
- C. Production order
- D. Cost object hierarchy
Answer: B,D
NEW QUESTION 43
You want to use a template to consider overhead during product costing. How do you assign the template to your material?
- A. Using an origin group and an overhead group
- B. Using a special procurement type and an overhead group
- C. Using a profit center and an overhead key
- D. Using an overhead group and an overhead key
Answer: A
NEW QUESTION 44
Which views can you use to analyze the costing results within the costing run tool? There are THREE correct answers for this question
- A. Variance report
- B. Material list report
- C. Work in progress report
- D. Costing levels report
- E. Analysis report
Answer: B,D,E
NEW QUESTION 45
When do you use an assessment instead of a distribution? 2 answers
- A. When you need to transfer secondary costs
- B. When you want to consolidated allocated expenses
- C. When do you need the option to reverse the cycle as often as required
- D. When you want to view the original cost elements on the receiver
Answer: A,B
NEW QUESTION 46
You are setting up costing-based Profitability Analysis for your organization. How do you configure the different market segments?
- A. As value fields
- B. As divisions
- C. As characteristics
- D. As key figures
Answer: C
NEW QUESTION 47
Which object can you configure to offset overhead surcharges for a cost object? There are THREE correct answers for this question
- A. Profit center
- B. Cost center
- C. Business process
- D. Profitability segment
- E. Internal order
Answer: B,C,E
NEW QUESTION 48
Which statement best describes the query browser for reporting?
- A. It is a strategic analytical tool in SAP S/4HANA
- B. It is a design studio app that comes as standard SAP Fiori content
- C. It is availability as an additional license product in SAP S/4HANA
- D. It is a desktop browser that interates with SAP S/4HANA
Answer: A
NEW QUESTION 49
Which statements are relevant to the cost of sales accounting method in profitability management ? 2 Answers
- A. It presents the costs and revenues information in a format that is ideal for conducting margin analyses.
- B. It aims to match revenues for goods and services against sales-related expenses.
- C. It aims to summarize activity and situational change for a given organizational unit over a period of u time.
- D. It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities.
Answer: A,B
NEW QUESTION 50
When you configure period-end closing, which accrual calculations methods can you use? There are TWO correct answers for this question
- A. Template
- B. Statistical key figure
- C. Percentage
- D. Target equals actual
Answer: C,D
NEW QUESTION 51
What does the calculation of a condition type in the costing sheet depend on? There are 2 correct answers to this question.
- A. Calculation type
- B. Segment
- C. Valuation
- D. Condition class
Answer: A,D
NEW QUESTION 52
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