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SAP C_TS4CO_2021 (SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021)) certification exam is a globally recognized certification designed for professionals who want to demonstrate their expertise in managing financial accounting tasks in the SAP S/4HANA system. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification exam is aimed at individuals who work as SAP management accounting associates, solution architects, and application consultants.
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NEW QUESTION # 49
You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirements must be fulfilled? Note: There are 2 correct answers to this question.
- A. The type of the general ledger account must be primary cost/revenue or secondary cost.
- B. The type of the addressed ledger must be an extension ledger.
- C. Costing-based Profitability Analysis must be active.
- D. Account-based Profitability Analysis must be active.
Answer: A,D
NEW QUESTION # 50
You have activated budget availability control against the overall value for an internal order and entered an overall budget of 10000.
Actuals of 10000 were posted in the previous year.
You are surprised to realize that a purchase order 1000 was created for this internal order in the current year.
How is that possible?
Note: There are 2 correct answers to this question.
- A. The cost element is exempted from budget availability control.
- B. The purchase order has NOT generated a budget yet.
- C. The difference of 1000 is within the tolerance limits defined in the configuration.
- D. The purchase order was entered in a different year than the budget.
Answer: A,C
NEW QUESTION # 51
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 plan data
- B. To store data of parallel valuation
- C. To store data of alternative plan costing runs
- D. To store different budget data
Answer: A,B
NEW QUESTION # 52
At what level do you create the structure of the operating concern?
- A. Client level
- B. Sales organization level
- C. Controlling area level
- D. Company code level
Answer: A
NEW QUESTION # 53
What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.
- A. You can enter costs and revenues.
- B. You can define tolerance limits for plan overspend.
- C. You can plan multiple versions.
- D. Availability control can check against plan values.
Answer: A,C
NEW QUESTION # 54
You want to create cost centers for your company. What is the prerequisite to build an organizational structure for overhead cost controlling?
- A. Person responsible
- B. Cost center categories
- C. Profit center
- D. Standard hierarchy top node
Answer: D
NEW QUESTION # 55
What does SAP/S4HANA select line-item-based data for costing based Profitability Analysis reports?
- A. It select actual data from table ACDOCA and plan data from COSP.
- B. It select actual data from table CE2XXXX and plan data from CE3XXXX.
- C. It select actual data from table CE1XXXX and plan data from CE2XXXX.
- D. It select actual data from table ACDOCA and plan data from ACDOCP.
Answer: C
NEW QUESTION # 56
For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.
- A. Internal orders
- B. Profit centers
- C. Cost elements
- D. Functional areas
- E. Cost centers
Answer: A,B,E
NEW QUESTION # 57
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 # 58
What are the some of the characteristics of Profit Center Accounting in SAP S4/HANA? Note: There are 2 correct answers to this question.
- A. It is possible to derive the profit center from the segment in configuration.
- B. It can be used in the settlement rule for internal order.
- C. It is integrated in the universal journal.
- D. It can be used with period and/or cost of sale accounting.
Answer: C,D
NEW QUESTION # 59
You want to setup integrated planning for your internal order. What do you need to do? Note: There are 2 correct answers to this question.
- A. Set the relevant indicator in the controlling area.
- B. Set the relevant indicator in the planning profile of the order type.
- C. Set the relevant indicator in the internal order master record.
- D. Set the relevant indicators in the CO version.
Answer: C,D
NEW QUESTION # 60
You want to maintain a cost component structure. What can you determine for each cost component? Note:
There are 3 correct answers to this question.
- 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 goods manufactured
- D. Relevance of cost component to results analysis
- E. Assignment of cost component of cost component group
Answer: A,C,E
NEW QUESTION # 61
How can you populate local variables in Profitability Analysis reports?
- A. By Business Add-In
- B. By user entry during report execution
- C. By user exit
- D. By populating from user parameters
Answer: B
NEW QUESTION # 62
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?
- A. Account-based only
- B. Both account-based and costing-based
- C. Costing-based only
- D. Periodic-accounting based
Answer: A
NEW QUESTION # 63
You create a new profit center. Which company code(s) is it assigned to by default?
- A. All company codes within the controlling area.
- B. All company codes where profit center accounting is activated.
- C. All company codes maintained in your authorization profile.
- D. All company codes to which the profit center standard hierarchy is assigned to.
Answer: A
NEW QUESTION # 64
Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.
- A. Product cost collector cost estimate in one plant
- B. Inventory cost estimate of all the materials in one plant
- C. Standard cost estimate of all the materials in all plants of a controlling area
- D. Current cost estimate of all the materials in all controlling area
Answer: A,B
NEW QUESTION # 65
Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question.
- A. It is used when full cost traceability is needed.
- B. It is used when controlling by individual production lots or discrete quantities is needed.
- C. It is used when you perform repetitive manufacturing.
- D. It is recommended for products with a long production time.
Answer: A,B
NEW QUESTION # 66
You are setting up costing-based Profitability Analysis for your organization. How do you configure the deferent market segments?
- A. As key Figures
- B. As divisions
- C. As characteristics
- D. As value fields
Answer: C
NEW QUESTION # 67
Which of the following objects can be selected in templates for activity-based costing? Note: There are 2 correct answers to this question.
- A. Cost center/activity type
- B. WBS element
- C. Business process
- D. Internal order
Answer: B,D
NEW QUESTION # 68
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?
- A. A new standard G/L ledger with exclusive usage of "Prediction"
- B. A multi-valuation ledger
- C. An extension ledger of type "Prediction and Commitment"
- D. An extension ledger of type "Simulation"
Answer: C
NEW QUESTION # 69
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