C_TS4CO_2020 Online Practice Questions and Answers

Which setting in the cost center master data do you use to assign the same attributes to similar cost center?

A. Cost center category

B. Cost center type

C. Object class

D. Standard hierarchy node

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 field catalog

C. By defining the characteristic value in the check table

D. By defining the characteristic value as a key figure

A. Provide the company with information on the performance of its market segments.

B. Allow the company to determine if the sales force achieved their contribution margin goals.

C. Provide the company with a detailed view of its financial statements by areas of responsibilities.

D. Allow the company to determine standard costs and revenues according to the period accounting method.

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. Source structure

B. Allocation structure

C. Cost component structure

D. PA transfer structure

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 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 ACDOCA and plan data from ACDOCP.

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 COSP.

For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.

A. Cost centers

B. Internal orders

C. Functional areas

D. Cost elements

E. Profit centers

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.

You want to understand why cost are collected on sales order item level. What do you need to in the configuration? Note: There are 3 correct answers to this question.

A. Requirement type

B. Requirements class

C. Valuation variant

D. Costing type

E. Account assignment category

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

A. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.

B. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.

C. Parallel accounting is needed in order to be compliant with different accounting principles.

D. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.