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SAP C-TS4CO-2023 Exam Certification | C-TS4CO-2023 Latest Test Practice

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C-TS4CO-2023 Latest Test Practice - Test C-TS4CO-2023 Answers

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SAP C-TS4CO-2023 Exam Syllabus Topics:

Topic
Details

Topic 1

Profit Center Accounting: It covers organizational charts, Profit Centers, data assignments, and period-end closing for PCA.

Topic 2

Product Cost Planning: This topic discusses product cost planning, cost elements structure, cost component structure, planning requirements, costing variants and multi-level costings.

Topic 3

Cost Object Controlling: This topic addresses the concepts of determining and configuring cost object controlling. It also discusses cost object controlling, WIP, results analysis, variances and revenue recognition.

Topic 4

Managing Clean Core: The topic discusses process agility, adaptation efforts, and acceleration of innovation.

Topic 5

Cost Center Accounting: The topic focuses on cost centers, cost center hierarchies, and cost center groups. Furthermore, it discusses planning functionality, accounting activity types, cost center characteristics, and period end closing for CCA.

Topic 6

Internal Order Accounting: This topic focuses on order category, order type, commitments, internal orders, settlement rules, and period-end closing for IOA.

Topic 7

Organizational Assignments and Process Integration: The topic focuses on cross-company code design, production execution, sales pricing, inbound freight, stock transfers, and transfer pricing.

Topic 8

Profitability Analysis: It includes sub-topics related to fields, characteristics, actual and process flow and security requirements, currency, chart of accounts, result analysis and revenue recognition.

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting Sample Questions (Q21-Q26):

NEW QUESTION # 21
What can you manage via the account assignment category? Note: There are 2 correct answers to this question.

A. Valuation of separate sales order stock
B. Product cost by sales order
C. Separate sales order stock
D. Costing variant

Answer: A,C

NEW QUESTION # 22
You want to create a new standard cost estimate based on the quantity structure of the existing standard cost estimate. Which object do you use?

A. Transfer control
B. Reference variant
C. Costing version
D. Costing type

Answer: B

Explanation:
Detailed Explanation: A reference variant (option A) allows you to create a new standard cost estimate using the quantity structure of an existing one. This enables consistency and efficiency in standard costing within SAP S/4HANA.

NEW QUESTION # 23
What are characteristics of SAP S/4HANA embedded analytics?
Note: There are 2 correct answers to this question.

A. It is part of the core SAP S/4HANA license and uses the same technical stack and user interface.
B. It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.
C. It uses data summarized in SAP BW/4HANA.
D. It is hosted on the SAP Cloud Platform and integrates seamlessly with SAP S/4HANA on the Fiori Launchpad.

Answer: A,B

Explanation:
Detailed Explanation: SAP S/4HANA embedded analytics leverages core data services (CDS) views for real- time reporting (option B) and is part of the standard S/4HANA license, using the same stack andinterface (option C). This integration allows businesses to perform analytics directly within the S/4HANA environment.

NEW QUESTION # 24
You are creating a new activity type and want to maintain plan prices for a cost center. Which attributes must you configure in the activity type master record?
Note: There are 3 correct answers to this question.

A. Activity type category
B. Valid cost center categories
C. Output quantity
D. CO version
E. Price indicator

Answer: A,B,D

Explanation:
Detailed Explanation: For maintaining plan prices of a cost center, the activity type master record should include the CO version (option B), valid cost center categories (option C), and the activity type category (option D). These attributes ensure accurate cost allocation and pricing within SAP S/4HANA.

NEW QUESTION # 25
How can you configure the transfer price solution in SAP S/4HANA?
Note: There are 2 correct answers to this question.

A. Use separate currency types within the same ledger for each valuation.
B. Use separate ledgers for each valuation.
C. Use separate segments for each valuation.
D. Use separate material ledgers for each valuation.

Answer: A,B

Explanation:
Detailed Explanation:SAP S/4HANA supports transfer pricing configurations using separate ledgers or distinct currency types within the same ledger. This setup allows for multiple valuations within legal, group, and profit center reporting standards.

NEW QUESTION # 26
......

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