C_TS4CO_2021 Online Practice Questions and Answers

To which object do you assign a costing sheet?

A. Valuation variant

B. Transfer control

C. Cost component structure

D. Costing variant

How does the system derive the requirement type from the material master data? Note: There are 2 correct answers to this question.

A. MRP group -> requirements class -> planning strategy -> requirements type

B. MRP group -> Strategy group -> planning strategy -> requirements type

C. Strategy group -> planning strategy -> requirements class -> requirements type

D. Strategy group -> planning strategy -> requirements type

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. The sales order item is a cost object.

B. Profitability Analysis (CO-PA) is activated.

C. The material in the sales order item is a service.

D. The sales order item is assigned to a project.

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 a profit center and an overhead key

C. Using an origin group and an overhead group

D. Using a special procurement type and an overhead group

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

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 overwritten in the application.

B. It can be defined for postings on general ledger accounts of secondary costs type.

C. It takes precedence over validation and substitution.

D. It can be defined for postings on general ledger accounts of primary costs type.

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

What are some of the characteristics of SAP Core Data Services (CDS) views?

Note:

There are 3 correct answers to this question.

A. CDS views are considered system modifications.

B. CDS views have ready-to-use content.

C. CDS views duplicate data for reporting efficiencies.

D. CDS views have no latency.

E. CDS views support authorization.

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. Sales order item

B. WBS element

C. General ledger account

D. Network

E. Asset

How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question.

A. As equivalence number

B. As quantity-based surcharge

C. As lot-based surcharge

D. As percentage rate

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

Which of the following values can be calculated using result analysis? Note: There are 3 correct answers to this question.

A. Cost of sales

B. Reserves for unrealized costs

C. Cost of goods manufactured

D. Gross margin

E. Work in progress

You want to use budget availability control for your projects and internal orders. What can you check using budget availability control? Note: There are 2 correct answers to this question.

A. The availability of funds using overall plan value

B. The availability of funds according to tolerance limits

C. The availability of funds in object currency

D. The availability of funds on period level

You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA?

A. Reporting can be either broad and deep for analysis, or speedy and simple, but not both.

B. Reporting on data in real time is difficult, and complex to design.

C. Reporting on data is available in real-time at every level of detail.

D. Reporting analytical data is always done in a business warehouse system.

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. Cycle iteration

B. Tracing factor

C. Sender cost objects

D. Template