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SAP C_TS4CO_2020 exam is designed for individuals who want to demonstrate their knowledge and skills in managing accounting processes within the SAP S/4HANA environment. SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) certification is intended for candidates who have a good understanding of the SAP S/4HANA Management Accounting modules and are able to apply their knowledge to various scenarios in a practical manner. C_TS4CO_2020 exam validates the candidate's ability to perform various tasks related to Management Accounting, such as configuring and executing financial accounting and controlling processes, performing period-end closing activities, and generating reports.
SAP C_TS4CO_2020 certification exam is designed for application associates who are responsible for managing and configuring the SAP S/4HANA system. Candidates who pass C_TS4CO_2020 exam will have a deep understanding of SAP S/4HANA's management accounting functionality, including cost center accounting, internal orders, product costing, and profitability analysis.
NEW QUESTION # 95
Which activities can you perform while you create cost center hierarchies? There are 2 correct answers to this question
- A. Reassign a cost center to another node of the standard hierarchy.
- B. Assign a standard hierarchy to several controlling areas.
- C. Create a cost center without specifying a standard hierarchy
- D. Append nodes and cost centers to a node of the standard hierarchy.
Answer: A,D
NEW QUESTION # 96
Which main elements do you configure for the overhead costing sheet? There are TWO correct answers for this question
- A. Credit key
- B. Overhead rate
- C. Calculation base
- D. Revaluation rate
- E. Allocation structure
Answer: B,C
NEW QUESTION # 97
When do you select the percentage method for accrual calculation? There are TWO correct answers for this question
- A. When you accrue-dependent 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 activity-independent costs and an appropriate cost element for defining overhead rates is available
Answer: A,D
NEW QUESTION # 98
When you create a planning layout, whih objects can you use to define the data columns ? 3 Answers
- A. Summarization level
- B. Formulas
- C. Value fields
- D. Characteristics
- E. Distribution key
Answer: B,C,D
NEW QUESTION # 99
In your company, you tend to go through many reorganizations leading to extra master data maintenance work. Which grouping functionality can save you time maintaining profit center groups?
- A. Configuring derivation rules
- B. Copying groups with suffix
- C. Defining flexible hierarchies
- D. Creating multi-dimension sets
Answer: B
NEW QUESTION # 100
Which Customizing for Document Splitting settings do you maintain to ensure that financia statements can always be produced separately for each profit center?
- A. Inheritance
- B. Standard account assignment
- C. Dummy profit center
- D. Zero-balance
Answer: B
NEW QUESTION # 101
To which object do you settle values of the result analysis ?
- A. Cost center
- B. Profit Center
- C. Segment
- D. Profitability segment
Answer: A,D
NEW QUESTION # 102
Which order status is relevant for creating work in process (WIP) calculations when you use Product Cost by Order (PCO)?
- A. Created
- B. Delivered
- C. Technically completed
- D. Partially released
Answer: D
NEW QUESTION # 103
How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question.
- A. As equivalence number
- B. As lot-based surcharge
- C. As quantity-based surcharge
- D. As percentage rate
Answer: C,D
NEW QUESTION # 104
Which object can you configure to offset overhead surcharges for a cost object? There are THREE correct answers for this question
- A. Cost center
- B. Profitability segment
- C. Internal order
- D. Business process
- E. Profit center
Answer: A,C,D
NEW QUESTION # 105
You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? Note: There are 3 correct answers to this question.
- A. To define users for the order
- B. To permit or forbid specific transactions
- C. To set the initial status as Created or Released
- D. To activate the CO partner update
- E. To define the user status
Answer: B,C,E
NEW QUESTION # 106
How does the system derive the requirement type from the material master data? Note: There are 2 correct answers to this question.
- A. MRP group -> Strategy group -> planning strategy -> requirements type
- B. MRP group -> requirements class -> planning strategy -> requirements type
- C. Strategy group -> planning strategy -> requirements class -> requirements type
- D. Strategy group -> planning strategy -> requirements type
Answer: A,D
NEW QUESTION # 107
Which object do you have to assign the cost component structure to?
- A. Costing variant
- B. Costing type
- C. Valuation variant
- D. Material master record
Answer: A
NEW QUESTION # 108
What can you specify when you create an activity type? There are THREE correct answers for this question
- A. The valid sending cost center types
- B. The valid receiving cost center types
- C. The primary costs G/L account for internal activity allocation
- D. The activity type category for allocation
- E. The secondary costs G/L account for internal activity allocation
Answer: A,D,E
NEW QUESTION # 109
How do you maintain number intervals/ranges in Controlling?
- A. By document type
- B. By business transaction
- C. By posting key
- D. By company code
Answer: B
NEW QUESTION # 110
Which configuration is possible when you assign multiple company codes to a controlling area in SAP S/4HANA ?
- A. The company code operational chart of accounts may differ from the controlling area operational chart of accounts
- B. The company code currency may differ from the controlling area currency
- C. The company code fiscal year variant may differ fro the controlling area fiscal year variant in the number of periods and number of special periods
- D. The company code fiscal year variant may differ fro the controlling area fiscal year variant in the number of periods
Answer: B
NEW QUESTION # 111
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. Allow the company to determine if the sales force achieved their contribution margin goals.
- C. Provide the company with a detailed view of its financial statements by areas of responsibilities.
- D. Provide the company with information on the performance of its market segments.
Answer: B,D
NEW QUESTION # 112
In a standard system delivery, how many characteristics can be added to an operating concern ?
- A. 71-100
- B. Over 150
- C. 0-70
- D. 101-150
Answer: C
NEW QUESTION # 113
What does the internal order settlement profile define? There are THREE correct answers for this question
- A. Whether settlement is necessary
- B. The valid receivers
- C. The accounting document type
- D. Whether commitment management is necessary
- E. The template allocation
Answer: A,B,C
NEW QUESTION # 114
Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA?
- A. CE1XXXX
- B. COEJ
- C. ACDOCA
- D. BSEG
Answer: C
NEW QUESTION # 115
Which statement best describes a cost center standard hierarchy?
- A. It enables you to assign the same attributes to similar cost centers within a controlling area
- B. It is a structure to which all the cost centers within a controlling area are assigned
- C. It represents an organization unit in SAP S/4HANA where the costs and revenues are incurred and reported
- D. It is grouped together with alternative hierarchies to represent decision control and repsonsability units
Answer: B
NEW QUESTION # 116
Which costs exist in SAP S/4HANA? 2 answers
- A. Primary costs with G/L account
- B. Primary costs without G/L account
- C. Primary costs without G/L account
- D. Secondary costs with G/L account
Answer: A,D
NEW QUESTION # 117
Which functionalities can create primary coost component splits? 2 answers
- A. Cost center/activity type price calculation
- B. Execution of the assessment cycles
- C. Settlement of internal orders
- D. Business processes price calculation
Answer: C,D
NEW QUESTION # 118
How can you populate local variables in Profitability Analysis reports?
- A. By populating from user parameters
- B. By user entry during report execution
- C. By user exit
- D. By business Add-in
Answer: B
NEW QUESTION # 119
You post an expense line in an accounting document and enter an internal order and a cost center as the account assignments. After posting, the system allows you to settle the posted values from the internal order. Which settings do the cost center and internal order have?
- A. Statistical internal order
Statistical cost center - B. Real internal order
Statistical cost center - C. Statistical internal order
Real cost center - D. Real internal order
Real cost center
Answer: D
NEW QUESTION # 120
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