[Jan 11, 2022] Get New C_TS4CO_2020 Practice Test Questions Answers
C_TS4CO_2020 Dumps and Exam Test Engine
SAP S/4HANA Management Accounting Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books | Weighting |
|---|---|---|
| Product Cost Planning | Determine and configure product cost planning, define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis) and costing versions for alternative costings, determine cost elements structure, cost component structure, planning requirements, costing variants and multi-level costings, and carry out a Price update in the material master record. TS4F03 OR S4F23 | > 12% |
| Reporting | Determine general reporting requirements for cost centers, configure cost center reporting, and create report painter reports and drill-down reports. TS4F03, TS4F04 OR S4F22, S4F25, S4F29 | 8% - 12% |
| Cost Center Accounting | Define, create and configure cost centers, cost center hierarchies and cost center groups. Determine usage of Cost Center Accounting and type of planning functionality, cost center accounting activity types, cost center characteristics and attributes, planning requirements, plan allocations requirements and actual allocations for cost centers. Configure period end closing for CCA. TS4F03 OR S4F22 | > 12% |
| Organizational Assignments and Process Integration | Define scopes and processes in Management Accounting, cross-company code design, sub-contracting, production execution, sales pricing, inbound freight, stock transfers, inventory valuation and transfer pricing, work in process rules and high-level requirements for organization units. Configure budgeting and availability control settings and period end closing, define statistical key figures and assign the controlling area to company codes and operating concern. Check number ranges and first integration flows with other modules (CO), and configure versions. TS4F03, TS4F04 OR S4F22, S4F23, S4F25, S4F28, S4F29 | 8% - 12% |
| Internal Orders | Distinguish between order category and order type. Determine plan data, commitments and actual requirements for internal orders and determine period-end closing activities. Define, create and configure internal orders and create a concept for internal order accounting, and customize internal order accounting, determine settlement rules and configure period-end closing for IOA. TS4F03 OR S4F22 | 8% - 12% |
| Profit Center Accounting | Create organizational charts for profit centers, determine Profit Centers (in FI in the new GL), create Profit Centers and check master data assignments, and configure period-end closing for PCA. TS4F04 OR S4F28 | < 8% |
| Cost Object Controlling | Determine and configure cost object controlling - planning and actuals, and customize and complete cost object controlling in a make to stock scenario and in a make to order scenario. Define WIP, results analysis, variances and revenue recognition (in cooperation with FI and SD) and configure period end closing for cost objects. TS4F03, TS4F04 OR S4F25 | > 12% |
| Profitability Analysis | Define value fields, characteristics and summary characteristics, determine planning, actual and process flow and security requirements, design process flows and develop authorization concept for reporting of FI / CO data. Configure profitability analysis and determine the operating concern, and assignment to controlling area. Define currency and assign the chart of accounts, result analysis and revenue recognition (in cooperation with FI and SD), and configure period-end closing for PA. TS4F04 OR S4F29 | > 12% |
SAP C_TS4CO_2020 Exam Description:
The 'SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2020)' certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Management Accounting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within Management Accounting projects. This certificate is the ideal starting point for a professional career as a Management Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Management Accounting are added over years, a professional career can be validated by taking a second exam which focuses on the migration from SAP ERP to SAP S/4HANA: "SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts".
NEW QUESTION 94
You want to set up budget availability control for your projects and internal ordders. What can you check using budget availability control? 2 Answers
- 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
Answer: B,C
NEW QUESTION 95
When do you select the percentage method for accrual calculation? There are TWO correct answers for this question
- A. When you accrue activity-independent costs and an appropriate cost element for defining overhead rates is available
- B. When you accrue activity-dependent costs and an appropriate cost element in NOT available
- C. When you accrue activity-independent costs and an appropriate cost element is NOT available
- D. When you accrue-dependent costs and an appropriate cost element for defining overhead rates is available
Answer: A,D
NEW QUESTION 96
To which objects do you assign the elements of the cost component split to ensure the transfer of costing to costing-based CO-PA?
- A. G/L accounts
- B. Segments
- C. Controlling areas
- D. Value field
Answer: D
NEW QUESTION 97
What do you need to define in order to report variable costs that refer to the cost component split in account-based CO-PA? There are TWO correct answers for this question
- A. A variable cost field in
- B. A price difference profile
- C. A cost splitting profile
- D. A calculation formula
Answer: A,C
NEW QUESTION 98
Which activities can you perform while you create cost center hierarchies? There are 2 correct answers to this question
- A. Create a cost center without specifying a standard hierarchy
- B. Assign a standard hierarchy to several controlling areas.
- C. Append nodes and cost centers to a node of the standard hierarchy.
- D. Reassign a cost center to another node of the standard hierarchy.
Answer: C,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. Production order confirmation
- B. External goods receipt on sales order stock
- C. Production order settlement
- D. Delivery from production order to sales order stock
Answer: A,C
NEW QUESTION 100
At what level do you create the structure of the operating concern?
- A. Company code level
- B. Sales organization level
- C. Client level
- D. Controlling area level
Answer: C
NEW QUESTION 101
To which objects do you settle values of the results analysis? There are TWO correct answers for this question
- A. Profit center
- B. Segment
- C. Profitability segment
- D. Cost center
Answer: A,C
NEW QUESTION 102
What can you do with statistical internal orders ?
- A. Transfer posting to another internal order
- B. Simultaneously post to a cost center
- C. Apply overhead rates to the internal order
- D. Settle costs to a cost center
Answer: B
NEW QUESTION 103
Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA?
- A. Account currency
- B. Field status group
- C. Account type
- D. Account group
Answer: C
NEW QUESTION 104
Which of the following values can be calculated using results analysis? 3 answers
- A. Cost of sales
- B. Gross margin
- C. Reserves for unrealized costs
- D. Work in progress
- E. Cost of goods manufactured
Answer: A,C,D
NEW QUESTION 105
What is the highgest reporting level in management accounting?
- A. Company code
- B. Controlling area
- C. Profit center
- D. Operating concern
Answer: D
NEW QUESTION 106
You are setting up a direct internal allocation in SAP S4/HANA.
What are valid receivers for the activity? 3 answers
- A. General ledger
- B. Network
- C. Statistical overhead order
- D. Cost center
- E. Sales order item
Answer: B,D,E
NEW QUESTION 107
On which document in the sales process is the profit center initially entered?
- A. Service contract
- B. Sales inquiry
- C. Sales order
- D. Goods issue
Answer: C
NEW QUESTION 108
What can you configure in the settlement profile?
- A. Determine whether settlement is required
- B. Determine an overhead key
- C. Define document management parameters
- D. Define a number range for settlement documents
Answer: A,C
NEW QUESTION 109
You use a ledger, an additional standard ledger and an extension ledger. You post a general journal entry without indicating a ledger group. For which ledger(s) are separate line items posted in the universal journal?
- A. The leading and extension ledgers
- B. All ledgers
- C. The leading ledger only
- D. The standard ledgers
Answer: A
NEW QUESTION 110
What must the referenced cost estimate and the receiving cost estimate have in common?
- A. The quantity structure
- B. The cost component structure
- C. The plant
- D. The company codes
Answer: B
NEW QUESTION 111
Plan revenue = 3000 Plan costs = 2000 Actual revenue = 1200 Actual costs = 1000
- A. Revenue 1500; Cost of sales = 1000; Revenue surplus = 300
- B. Revenue 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billing) = 200
- C. Revenue 1500; Cost of sales = 1000; Revenue surplus = 200
- D. Revenue 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billing) = 300
Answer: B
NEW QUESTION 112
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