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Give You Free Regular Updates on C_TS4CO_2020 Exam Questions May 10, 2023 [Q55-Q70]

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Give You Free Regular Updates on C_TS4CO_2020 Exam Questions May 10, 2023

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SAP C_TS4CO_2020 Certification Exam Topics:

Topic AreasTopic Details, Courses, Books
Cost Center Accounting > 12%

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.

Product Cost Planning > 12%

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.

Reporting 8% - 12%

Determine general reporting requirements for cost centers, configure cost center reporting, and create report painter reports and drill-down reports.

Organizational Assignments and Process Integration 8% - 12%

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.

Cost Object Controlling > 12%

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.

Profitability Analysis > 12%

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.

Internal Orders 8% - 12%

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.


 

NEW QUESTION 55
Which customizing do you use for calculating work in progress (WIP)? There are THREE correct answers for this question

  • A. Settlement profile table
  • B. Update table
  • C. Allocation structure table
  • D. Posting rule table
  • E. Assignment table

Answer: B,D,E

 

NEW QUESTION 56
How can you define a dynamic group for internal orders?

  • A. Assign a selection variant to an end node
  • B. Use wild cards in the order codes assigned to nodes
  • C. Create a substitution rule for mass changes
  • D. Define an order coding mask for order types

Answer: B

 

NEW QUESTION 57
You want to create alternative plan versions for your controlling area, in addition to version 000. What would you use additional CO versions for? 2 answers

  • A. To store actual-plan variance
  • B. To store parallel valuation
  • C. To store different plan data
  • D. To store different budget data

Answer: A,C

 

NEW QUESTION 58
Which default values can you configure for the product cost collector? 2 answers

  • A. Variance variant
  • B. Results Analaysis (RA) key
  • C. Results Analaysis (RA) version
  • D. Costing variant for preliminary costing

Answer: B,D

 

NEW QUESTION 59
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. Provide the company with a detailed view of its financial statements by areas of responsibilities.
  • C. Provide the company with information on the performance of its market segments.
  • D. Allow the company to determine if the sales force achieved their contribution margin goals.

Answer: C,D

 

NEW QUESTION 60
Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?

  • A. Periodic accounting-based
  • B. Both account-based and costing-based only
  • C. Account-based only
  • D. Costing-based only

Answer: C

 

NEW QUESTION 61
Which of the following controls can you set when you determine a characteristic derivation? There are 3 correct answers to this question

  • A. Valuation calculation
  • B. Overwriting authority
  • C. Display authority
  • D. Conditions for execution
  • E. System response when unsuccessful

Answer: B,D,E

 

NEW QUESTION 62
How does SAP S4HANA select line-item-based data for costing-based Profitability Analysis reports ?

  • A. It selects data from table ACDOCA and plan data from table COSP
  • B. It selects data from table ACDOCA and plan data from table ACDOCP
  • C. It selects data from table CE1XXXX and plan data from table CE2XXXX
  • D. It selects data from table CE2XXXX and plan data from table CE3XXXX

Answer: C

 

NEW QUESTION 63
Which object do you configure to reuse material cost estimate for the costing process?

  • A. Transfer control
  • B. Quantity structure control
  • C. Valuation variant
  • D. Group costing

Answer: A

 

NEW QUESTION 64
You want to understand why costs are collected on sales order item level. What do you need to check in the configuration?
3 answers

  • A. Costing type
  • B. Requirement type
  • C. Requirement class
  • D. Account assignment category
  • E. Valuation variant

Answer: B,C,D

 

NEW QUESTION 65
You have activated budget availability control for an internal order and entered an overall budget of
10000. Actuals of 10000 were posted for this internal order in the current year. How is that possible ? 2 Answer

  • A. The purchase order has NOT generated a budget document yet.
  • B. The purchase order was entered in a different year than the budget
  • C. The cost element is exempted from budget availability control
  • D. The difference of 1000 is within the tolerance limits defined in the configuration

Answer: B,C

 

NEW QUESTION 66
When is the standard hierarchy of the controlling area created?

  • A. When the controlling area is defined
  • B. When the controlling area is assigned to the operating concern
  • C. When the first company code is assigned to the controlling area
  • D. When the first cost center for a controlling area is created

Answer: A

 

NEW QUESTION 67
Which object can you select for reporting in costing-based profitability Analysis, and NOT in account- based Profitability Analysis?

  • A. Record type
  • B. Period/year
  • C. Company code
  • D. Cost element

Answer: A

 

NEW QUESTION 68
How do you define the relationship between an operating concern and a controlling area?

  • A. One-to-one (1:1)
  • B. Many-to-one (N:1)
  • C. Many-to-many (N:M)
  • D. One-to-many (1:N)

Answer: D

 

NEW QUESTION 69
You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirement must be fulfilled ? 2 Answers

  • A. Costing-based Profitability Analysis must be active
  • B. Account-based profitability must be active.
  • C. The type of the corresponding general ledger must be primary cost/revenue or secondary cost
  • D. The type of the corresponding general ledger must be balance sheet

Answer: C,D

 

NEW QUESTION 70
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