Free SAP Certified Application Associate – SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) Exam C_TS4CO_2021 Exam Practice Test

You are creating new activity type and want to maintain plan prices for a cost center. Which attribute must you configure in the activity type master record? Note: There are 3 correct answers to this question.

• CO version
• Valid cost center categories
• Company code
• Price indicator
• Activity type category

What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question.

• Cost centers
• Statistical key figures
• Activity type
• Cost element

You want to use budget availability control for your projects and internal orders. What can you check using budget availability control? Note: There are 2 correct answers to this question.

• The availability of funds using overall plan value
• The availability of funds according to tolerance limits
• The availability of funds in object currency
• The availability of funds on period level

In the material master record there are three planned prices: ''Planned price 1'', ''Planned price 2''and''Planned price 3''. What do you use them for?

• To valuate goods movement
• To valuate the materials in cost estimates
• To valuate material stocks
• To update the standard price during the release of a standard cost estimate

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

• It select actual data from table CE2XXXX and plan data from CE3XXXX.
• It select actual data from table ACDOCA and plan data from ACDOCP.
• It select actual data from table CE1XXXX and plan data from CE2XXXX.
• 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.

• Cost centers
• Internal orders
• Functional areas
• Cost elements
• Profit centers

Which statements are relevant to the cost of sales accounting method in profitability management? Note: There are 2 correct answers to this question.

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

You have implemented Product Cost by Sales Oder in conjunction with cost-based POC results analysis in your organization.For a particular sales order item, you have the following:Plan revenue = 3000; Plan costs = 2000Actual revenue = 1200; Actual cost=1000What data does the system calculate during results analysis?

• 'Revenue = 1500; Cost of sales = 1000; Revenue surplus =300'
• 'Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200'
• 'Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300'
• 'Revenue = 1200; Cost of sales = 1000; Revenue surplus =200'

You are setting up costing-based Profitability Analysis for your organization. How do you configure the deferent market segments?

• As divisions
• As value fields
• As key Figures
• As characteristics

What can you configure in the settlement profile? Note: There are 2 correct answers to this question.

• Define document management parameters.
• Determine an overhead key.
• Determine whether settlement is required.
• Define a number range for settlement document.