[Apr-2023] C_TS4CO_2020 Dumps Full Questions - SAP Certified Application Associate Exam Study Guide
Exam Questions and Answers for C_TS4CO_2020 Study Guide
The SAP C-TS4CO-2020 certification exam covers various topics such as Cost Center Accounting, Product Cost Planning, Profitability Analysis, Material Ledger, and more. The exam consists of 80 multiple-choice questions and has a time limit of 180 minutes. To successfully pass the exam, candidates need to score at least 63% marks. The exam is available in English, Japanese, Korean, and Simplified Chinese languages.
NEW QUESTION # 96
You want to understand why costs are collected on sales order item level. What do you need to check in the configuration?
3 answers
- A. Account assignment category
- B. Costing type
- C. Requirement class
- D. Requirement type
- E. Valuation variant
Answer: A,C,D
NEW QUESTION # 97
To which object can you settle an internal order using cost elements with cost element category 21 (internal settlement)? Note: There are 3 correct answers to this question.
- A. Asset
- B. WBS element
- C. Network
- D. Sales order item
- E. General ledger account
Answer: B,C,D
NEW QUESTION # 98
Which of the following statements best describe Product Cost by Period? 2 Answers
- A. It is used when the focus of controlling is on a stable continuous production process
- B. It is used joint production with process orders
- C. It is used to analyse work in a process based on actual costs
- D. It is used in conjunction with a product cost collector
Answer: A,D
NEW QUESTION # 99
In a make-to-order scenario, you use a sales order with an assigned production order and non-valuated sales order stock. Which process do you use to post actual costs on a sales order in SAP S/4HANA? There are TWO correct answers for this question
- A. External goods receipt on sales order stock
- B. Production order confirmation
- C. Production order settlement
- D. Delivery from production order to sales order stock
Answer: B,C
NEW QUESTION # 100
Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA?
- A. COEJ
- B. BSEG
- C. ACDOCA
- D. CE1XXXX
Answer: C
NEW QUESTION # 101
Which customizing activity do you perform in overhead cost controlling?
- A. Create value fields
- B. Define cost centers categories
- C. Define cost center categories
- D. Maintain costing variant parameters
Answer: C
NEW QUESTION # 102
How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question.
- A. As lot-based surcharge
- B. As quantity-based surcharge
- C. As percentage rate
- D. As equivalence number
Answer: B,C
NEW QUESTION # 103
What is the highest reporting level in management accounting?
- A. Company code
- B. Operating concern
- C. Profit center
- D. Controlling area
Answer: B
NEW QUESTION # 104
You are considering using commitment management with internal orders. What do you need to do in the configuration?
- A. Activate commitment management only in the controlling area.
- B. Activate commitment management in both the version and the order type.
- C. Activate commitment management in both the controlling area and the order type.
- D. Activate commitment management in the controlling area, the order type, and in individual internal order master data.
Answer: C
NEW QUESTION # 105
When is the standard hierarchy of the controlling area created?
- A. When the controlling area is defined
- B. When the controlling area is assigned to the operating concern
- C. When the first company code is assigned to the controlling area
- D. When the first cost center for a controlling area is created
Answer: A
NEW QUESTION # 106
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 - WIP
- B. Variances = Target costs - Delivery value
- C. Variances = Target costs - Delivery value - WIP
- D. Variances = Actual costs - Delivery value
Answer: A
NEW QUESTION # 107
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. Standard hierarchy top node
- C. Cost center type
- D. Functional area
Answer: B
NEW QUESTION # 108
At what level do you create the structure of the operating concern?
- A. Controlling area level
- B. Sales organization level
- C. Client level
- D. Company code level
Answer: C
NEW QUESTION # 109
You want enable WIP calculation in Product Cost by Period. What do you need to configure?
- A. Settlement profile
- B. Profitability Analysis (PA) transfer structure
- C. Valuation variant
- D. Variance variant
Answer: C
NEW QUESTION # 110
To which object do you settle values of the result analysis ?
- A. Profit Center
- B. Cost center
- C. Segment
- D. Profitability segment
Answer: B,D
NEW QUESTION # 111
You want to configure different cost centers in your company. Which setting in the cost center master data wi you use to assign the same attributes to similar cost centers?
- A. Cost center category
- B. Activity type
- C. Cost center type
- D. Functional area
Answer: A
NEW QUESTION # 112
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 CE1XXXX and plan data from CE2XXXX.
- C. It select actual data from table ACDOCA and plan data from ACDOCP.
- D. It select actual data from table CE2XXXX and plan data from CE3XXXX.
Answer: B
NEW QUESTION # 113
In your company, you tend to go through many reorganizations leading to extra master data maintenance work. Which grouping functionality can save you time maintaining profit center groups?
- A. Creating multi-dimension sets
- B. Copying groups with suffix
- C. Configuring derivation rules
- D. Defining flexible hierarchies
Answer: B
NEW QUESTION # 114
What action do you perform to use the Cost-Based Percentage of Completion (POC) method?
- A. Running the results analysis
- B. Costing of an order
- C. Setting to profitability analysis
- D. Billing of a sales order during production
Answer: A
NEW QUESTION # 115
Which field can you select for both reporting in costing based and account-based Profitability Analysis?
- A. Value in Controlling Area Currency
- B. Cost element
- C. Version
- D. Record type
Answer: C
NEW QUESTION # 116
How does SAP S/4HANA capture costs?
- A. Primary and secondary costs are captured in general ledger accounts
- B. Secondary costs are captured as secondary cost elements, and NOT as general ledger accounts.
- C. Only primary costs are captured in general ledger accounts
- D. All primary and secondary costs are captured by creating them as cost elements.
Answer: A,D
NEW QUESTION # 117
Which objects are predifined characteristics in SAP S/4HANA? 3 Answers
- A. Region
- B. Controlling Area
- C. Product Category
- D. Company Code
- E. Plant
Answer: B,D,E
NEW QUESTION # 118
You want to run an assessment cycle in Profitability Analysis to allocate cost center costs during period-end closing for your organization. Which of the following objects is part of the assessment cycle?
- A. Sender cost objects
- B. Tracing factor
- C. Cycle iteration
- D. Template
Answer: B
NEW QUESTION # 119
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 define users for the order
- B. To set the initial status as Created or Released
- C. To activate the CO partner update
- D. To define the user status
- E. To permit or forbid specific transactions
Answer: B,D,E
NEW QUESTION # 120
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The exam covers various topics related to SAP S/4HANA for Management Accounting, including cost center accounting, product cost planning, internal orders, profitability analysis, and profit center accounting. The exam tests the candidate's ability to configure and use the system to solve various business scenarios. The exam consists of 80 multiple-choice questions, and candidates have 180 minutes to complete it.
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