Free SAP Certified Associate – SAP S/4HANA Cloud Private Edition, Management Accounting Exam C_TS4CO_2023 Exam Practice Test

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

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

• Controlling area
• Company code
• Plant
• Operating concern

Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.

• Result Analysis (RA) Version
• Result Analysis (RA) key
• Costing variant for preliminary costing
• Variance variant

You create alternative CO versions for your controlling area, in addition to version 0. What would you use additional CO versions for? Note: There are 2 correct answers to this question.

• To store data of alternative plan costing runs
• To store different plan data
• To store data of parallel valuation
• To store different budget data

You have activated budget availability control against the overall value for an internal order and entered an overall budget of 10000.Actuals of 10000 were posted in the previous year.You are surprised to realize that a purchase order 1000 was created for this internal order in the current year.How is that possible?Note: There are 2 correct answers to this question.

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

You want to create cost centers for your company. What is the prerequisite to build an organizational structure for overhead cost controlling?

• Person responsible
• Profit center
• Standard hierarchy top node
• Cost center categories

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.

• Requirement type
• Requirements class
• Valuation variant
• Costing type
• Account assignment category

Which of the following values can be calculated using result analysis? Note: There are 3 correct answers to this question.

• Cost of sales
• Reserves for unrealized costs
• Cost of goods manufactured
• Gross margin
• Work in progress

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?

• Assessment
• Distribution
• Periodic reposting
• Direct activity allocation

How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question.

• As equivalence number
• As quantity-based surcharge
• As lot-based surcharge
• As percentage rate