C_TS4CO_2020 Online Practice Questions and Answers

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. Costing-based Profitability Analysis must be active.

B. Account-based Profitability Analysis must be active.

C. The type of the addressed ledger must be an extension ledger.

D. The type of the general ledger account must be primary cost/revenue or secondary cost.

Which receiver must be allowed in the settlement profile of product cost collector?

A. Cost center

B. Material

C. Order

D. G/L Account

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 = Target costs - Delivery value

B. Variances = Target costs - Delivery value - WIP

C. Variances = Actual costs - Delivery value - WIP

D. Variances = Actual costs - Delivery value

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. Result Analysis (RA) key

C. Costing variant for preliminary costing

D. Variance variant

You have implemented Product Cost by Sales Oder in conjunction with revenue-based 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 costs = 1000

What data does the system calculate during results analysis?

A. Revenue = 1200; Cost of sales = 800; Reserve = 200

B. Revenue = 1200; Cost of sales = 1000; Reserve = 200

C. Revenue = 1200; Cost of sales = 1000; WIP = 200

D. Revenue = 1200; Cost of sales = 800; WIP = 200

You create a new profit center. Which company code(s) is it assigned to by default?

A. All company codes where profit center accounting is activated.

B. All company codes maintained in your authorization profile.

C. All company codes within the controlling area.

D. All company codes to which the profit center standard hierarchy is assigned to.

In the Product Cost by Order process, what does the system calculate depending on the order status?

A. Both WIP and variances

B. WIP at actual costs or variances

C. WIP at target costs or variances

D. WIP at percentage of completion (PoC) method or variances

You have implemented Product Cost by Sales Oder in conjunction with cost-based POC results analysis in your organization.

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; Revenue surplus =300"

B. "Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200"

C. "Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300"

D. "Revenue = 1200; Cost of sales = 1000; Revenue surplus =200"

What can you do with statistical internal orders?

A. Apply overhead rates to the internal order.

B. Settle costs to a cost center.

C. Simultaneously post to a cost center.

D. Transfer posting to another internal order.

You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this? Note: There are 2 correct answers to this question.

A. By marking the cost indicator in the control key assigned to the operation

B. By marking the Relevance to Costing indicator in the operation

C. By assigning a cost center to the work center in the operation

D. By defining a usage key in the header of the routing.

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. Business process price calculation

C. Settlement of internal orders

D. Cost center/activity type price calculation

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. Internal order

C. WBS element

D. Business process

You are considering using commitment management with internal orders. What do you need to do in the configuration?

A. Activate commitment management in both the controlling area and the order type.

B. Activate commitment management in the controlling area, the order type, and in individual internal order master data.

C. Activate commitment management in both the version and the order type.

D. Activate commitment management only in the controlling area.

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

A. Secondary costs are captured as secondary cost element, and not as general ledger accounts.

B. Primary and secondary costs are captured in general ledger accounts.

C. All primary and secondary costs are captured by creating them as cost elements.

D. Only primary costs are captured in general ledger accounts.

You are setting up a direct internal activity allocation in SAP S4/HANA. What is valid receivers for the activity? Note: There are 3 correct answers to this question.

A. Profit center

B. WBS element

C. Sales order item

D. Internal order

E. General ledger account