[Q33-Q54] Free Sample Questions to Practice C-TS4CO-2023 Certification Test Engine [Oct-2024]

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Free Sample Questions to Practice C-TS4CO-2023 Certification Test Engine [Oct-2024]

2024 Valid C-TS4CO-2023 Real Exam Questions, practice SAP Certified Associate


SAP C-TS4CO-2023 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Organizational Assignments and Process Integration: The topic focuses on cross-company code design, production execution, sales pricing, inbound freight, stock transfers, and transfer pricing.
Topic 2
  • Product Cost Planning: This topic discusses product cost planning, cost elements structure, cost component structure, planning requirements, costing variants and multi-level costings.
Topic 3
  • Managing Clean Core: The topic discusses process agility, adaptation efforts, and acceleration of innovation.
Topic 4
  • Cost Center Accounting: The topic focuses on cost centers, cost center hierarchies, and cost center groups. Furthermore, it discusses planning functionality, accounting activity types, cost center characteristics, and period end closing for CCA.
Topic 5
  • Profitability Analysis: It includes sub-topics related to fields, characteristics, actual and process flow and security requirements, currency, chart of accounts, result analysis and revenue recognition.
Topic 6
  • Cost Object Controlling: This topic addresses the concepts of determining and configuring cost object controlling. It also discusses cost object controlling, WIP, results analysis, variances and revenue recognition.
Topic 7
  • Profit Center Accounting: It covers organizational charts, Profit Centers, data assignments, and period-end closing for PCA.
Topic 8
  • Internal Order Accounting: This topic focuses on order category, order type, commitments, internal orders, settlement rules, and period-end closing for IOA.

 

NEW QUESTION # 33
You post a billing document for a sales order with sales order controlling. What data flows to Profit Center Accounting? Note: There are 2 correct answers to this question.

  • A. Order quantity
  • B. Sales deductions
  • C. Payment Discount
  • D. Revenues

Answer: B,D


NEW QUESTION # 34
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. Standard hierarchy top node
  • D. Profit center

Answer: C


NEW QUESTION # 35
How do you maintain number range intervals in Controlling?

  • A. By document type
  • B. By account type
  • C. By business transactions
  • D. By cost element category

Answer: C


NEW QUESTION # 36
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. Costing variant for preliminary costing
  • C. Result Analysis (RA) key
  • D. Variance variant

Answer: B,C


NEW QUESTION # 37
Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question.

  • A. It is recommended for products with a long production time.
  • B. It is used when controlling by individual production lots or discrete quantities is needed.
  • C. It is used when full cost traceability is needed.
  • D. It is used when you perform repetitive manufacturing.

Answer: B,C


NEW QUESTION # 38
What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?

  • A. An extension ledger of type "S: Line items with technical numbers / deletion possible"
  • B. An extension ledger of type "P: Line items with technical numbers / no deletion possible"
  • C. A new standard G/L ledger with exclusive usage for "Prediction"
  • D. A multi-valuation ledger

Answer: A


NEW QUESTION # 39
What does SAP/S4HANA select line-item-based data for costing based Profitability Analysis reports?

  • A. It select actual data from table CE2XXXX and plan data from CE3XXXX.
  • 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 ACDOCA and plan data from COSP.

Answer: B


NEW QUESTION # 40
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. Availability control can check against plan values.
  • C. You can define tolerance limits for plan overspend.
  • D. You can plan multiple versions.

Answer: A,D


NEW QUESTION # 41
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. Network
  • C. General ledger account
  • D. Sales order item
  • E. WBS element

Answer: B,D,E


NEW QUESTION # 42
How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis?

  • A. By defining the characteristic value as a value field
  • B. By defining the characteristic value in the check table
  • C. By defining the characteristic value in the field catalog
  • D. By defining the characteristic value as a key figure

Answer: B


NEW QUESTION # 43
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 # 44
In SAP S/4HANA, you have decided to activate only account-based profitability analysis for your organization. You want to settle costs and revenue of a sales order item to a profitability segment. What do you need to configure?

  • A. PA transfer structure
  • B. Allocation structure
  • C. Cost component structure
  • D. Source structure

Answer: A


NEW QUESTION # 45
Which of the following steps are part of the procedure to update the standard price of the material? Note: There are 2 correct answers to this question.

  • A. Split the costs.
  • B. Release the cost estimate.
  • C. Mark the cost estimate.
  • D. Archive the cost estimates.

Answer: B,C


NEW QUESTION # 46
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. Settlement of internal orders
  • C. Cost center/activity type price calculation
  • D. Business process price calculation

Answer: C,D


NEW QUESTION # 47
At what level do you create the structure of the operating concern?

  • A. Company code level
  • B. Controlling area level
  • C. Sales organization level
  • D. Client level

Answer: D


NEW QUESTION # 48
What are some of the objectives of Profitability Analysis? Note: There are 2 correct answers to this question.

  • A. Allow the company to determine standard costs and revenues according to the period accounting method.
  • B. Allow the company to determine if the sales force achieved their contribution margin goals.
  • C. Provide the company with information on the performance of its market segments.
  • D. Provide the company with a detailed view of its financial statements by areas of responsibilities.

Answer: B,C


NEW QUESTION # 49
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 internal order master record.
  • C. Set the relevant indicator in the planning profile of the order type.
  • D. Set the relevant indicators in the CO version.

Answer: B,D


NEW QUESTION # 50
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. Template
  • D. Sender cost objects

Answer: B


NEW QUESTION # 51
You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?

  • A. Accrual calculation
  • B. Budget availability control
  • C. Periodic reporting
  • D. Indirect activity allocation

Answer: A


NEW QUESTION # 52
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?

  • A. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
  • B. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
  • C. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
  • D. Parallel accounting is needed in order to be compliant with different accounting principles.

Answer: C


NEW QUESTION # 53
You want enable WIP calculation in Product Cost by Period. What do you need to configure?

  • A. Valuation variant
  • B. Profitability Analysis (PA) transfer structure
  • C. Variance variant
  • D. Settlement profile

Answer: A


NEW QUESTION # 54
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