Free SAP Certified Application Associate – SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) Exam C_TS4CO_2020 Exam Practice Test

What is required before you can create a multi-level material cost estimate without quantity structure?

• Material master with costing view
  
• Specific valuation variants for material costings without quantity structure
  
• Material master with accounting view and with MRP views
  
• Specific costing variants for material costings without quantity structure
  

Which cost estimates must you reuse with the transfer control functionality?

• Cost estimates across company codes
  
• Cost estimates with same cost component structure
  
• Cost estimates with quantity structure
  
• Cost estimates within the same plant
  

Which criteria do you use to specify the G/L account for the work in process (WIP) settlement? There are THREE correct answers for this question

• Results analysis category
  
• Results analysis method
  
• Results analysis profit center
  
• Results analysis version
  
• Results analysis cost element
  

Your customer defined one distribution cycle in SAP S/4HAN

• You need to define a new distribution cycle. How can you ensure the new cycle is executed only after the existing one is completed?
  
• Assign both cycles to the same cycle run group
  
• Select iteration in the cycle header of the new cycle
  
• Assign each cycle to a different cycle run group
  
• Select iteration in the cycle header of both cycles
  

You need to assign a company code to a controlling area. Which settings must be identical for both organizational objects? There are 2 correct answers to this question

• Fiscal year variant
  
• Currency
  
• Chart of accounts
  
• Posting period variant
  

What are the benefits of using valuated sales order stock compared to non-valuated sales order stock? There are TWO correct answers for this question

• Production order settlement to sales order
  
• Production cost calculation
  
• Combined quantity and value flow analysis
  
• Simplified inventory value determination
  

Which statements are relevant to the cost of sales accounting method in profitability management ? 2 Answers

• It aims to match revenues for goods and services against sales-related expenses.
  
• It presents the costs and revenues information in a format that is ideal for conducting margin analyses.
  
• It aims to summarize activity and situational change for a given organizational unit over a period of u time.
  
• It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities.
  

At which level do you define the valuation method for result analysis?

• Company code
  
• Operating concern
  
• Controlling area
  
• Sales organization
  

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

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

Which of the following are typical activities of the sales planning phase in SAP S/4HANA? There are TWO correct answers for this question

• Bottom-up distribution
  
• Transfer of GL account data
  
• Manual entry of data
  
• Top-down distribution