Exam Certification C_TS4CO_2021 Flashcards by Adriana Badillo

Which process can you use to credit internal orders during period-end closing?
°Assessment
°Distribution
°Periodic reposting
°Indirect activity allocation

Periodic reposting

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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?
°Costing type
°Transfer control
°Costing version
°Reference variant

Reference variant

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On which organizational level do you maintain profit center accounting in SAP S/4HANA?
°Financial statement version
°Operating concern
°Company code
°Controlling area

Controlling area

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Which objects do you use when you assign costs and revenue to the value fields in costing-based CO-PA?
°Allocation structure
°Overhead group
°Transfer structure
°Allocation template

Transfer structure

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What do you do to create a primary cost component split? There are 2 correct answers for this question.
°Use the cost splitting tool on cost centers
°Assign a cost component structure to the CO-version
°Run an activity price calculation
°Enter split activity prices manually

°Assign a cost component structure to the CO-version
°Run an activity price calculation

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You are posting a purchase order for a warehouse material. From which object is the profit center derived?
°Cost center
°Business partner
°Plant
°Material master

Material master

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What do you need to define in order to report variable costs that refer to the cost component split in account-based CO-PA? There are 2 correct answers for this question.
°A calculation formula
°A variable cost field in ACDOCA
°A price difference profile
°A cost splitting profile

°A variable cost field in ACDOCA
°A cost splitting profile

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What are some of the characteristics of internal order planning? There are 2 correct answers to this question.
°Tolerance limits are defined.
°Availability control is checked.
°Multiple versions are allowed.
°Costs are entered.

°Multiple versions are allowed.
°Costs are entered.

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When trying to assign a profit center to a new cost center, you receive an error. What can cause this error?
°The lock indicator is activated in the profit center master record
°The profit center has already been assigned to a different cost center
°The validity period of the cost center is shorter than that of the profit center
°The validity period of the profit center is shorter than that of the cost center

The validity period of the profit center is shorter than that of the cost center

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Which process determines the target costs of the cost object in a product cost by order scenario?
°Work in progress (WIP) calculation
°Variance calculation
°Actual costs calculation
°Accrual calculation

Variance calculation

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Which processes split costs into their primary cost components? There are 2 correct answers to this question.
°Settlement of internal orders
°Execution of the assessment cycles
°Cost center/activity type price calculation
°Business process price calculation

°Cost center/activity type price calculation
°Business process price calculation

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When do you select the percentage method for accrual calculation? There are 2 correct answers for this question.
°When you accrue-dependent costs and an appropriate cost element for defining overhead rates is available
°When you accrue activity-independent costs and an appropriate cost element for defining overhead rates is available
°When you accrue activity-independent costs and an appropriate cost element is NOT available
°When you accrue activity-dependent costs and an appropriate cost element in NOT available

°When you accrue-dependent costs and an appropriate cost element for defining overhead rates is available
°When you accrue activity-independent costs and an appropriate cost element for defining overhead rates is available

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Which cost objects can only be controlled by period? There are 2 correct answers for this question.
°Production order
°Process order
°Cost object hierarchy
°Product cost collector

°Cost object hierarchy
°Product cost collector

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When you create a profit center, what company code(s) is it assigned to by default?
°All company codes, irrespective of controlling area
°All company codes within the operating concern
°All company codes where profit center is activated
°All company codes within the controlling area

All company codes within the controlling area

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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? There are 3 correct answers to this question.
°Company code
°CO Version
°Activity type category
°Price indicator
°Valid cost center categories

°Activity type category
°Price indicator
°Valid cost center categories

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Which functionalities can create primary cost component splits? There are 2 correct answers to this question.
°Settlement of internal orders
°Execution of the assessment cycles
°Cost center/activity type price calculation
°Business processes price calculation

°Settlement of internal orders
°Execution of the assessment cycles

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When is the standard hierarchy of the controlling area created?
°When the first company code is assigned to the controlling area
°When the controlling area is assigned to the operating concern
°When the first cost center for a controlling area is created
°When the controlling area is defined

When the controlling area is defined

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You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?
°Indirect activity allocation
°Assessment
°Distribution
°Periodic reposting

Assessment

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You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA?
°Reporting can be either broad and deep for analysis, or speedy and simple, but not both.
°Reporting analytical data is always done in a business warehouse system.
°Reporting on data in real time is difficult, and complex to design.
°Reporting on data is available in real-time at every level of detail.

Reporting on data is available in real-time at every level of detail.

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You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirements must be fulfilled? There are 2 correct answers to this question.
°Costing-based Profitability Analysis must be active.
°The type of the corresponding general ledger account must be balance sheet.
°The type of the corresponding general ledger account must be primary cost/revenue or secondary cost.
°Account-based Profitability Analysis must be active.

°Costing-based Profitability Analysis must be active.
°The type of the corresponding general ledger account must be primary cost/revenue or secondary cost.

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A profit center standard hierarchy contains all profit centers that are assigned to which organizational unit?
°Operating concern
°Controlling area
°Client
°Plant

Controlling area

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What tasks are performed by the system during activity allocation? There are 2 correct answers for this question.
°The sender cost object is debited and the receiver cost object is credited
°A primary costs G/L account is used for debiting and crediting
°The cost element is derived from the master data for the activity type
°The allocation amount is calculated based on the quantity and price of the activity

°The cost element is derived from the master data for the activity type
°The allocation amount is calculated based on the quantity and price of the activity

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What must the referenced cost estimate and the receiving cost estimate have in common?
°The plant
°The cost component structure
°The company codes
°The quantity structure

The cost component structure

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How does SAP S/4HANA select line-item-based data for costing-based Profitability Analysis reports?
°It selects actual data from table ACDOCA and plan data from table ACDOCP.
°It selects actual data from table ACDOCA and plan data from table COSP.
°It selects actual data from table CE2XXXX and plan data from table CE3XXXX.
°It selects actual data from table CE1XXXX and plan data from table CE2XXXX.

It selects actual data from table CE1XXXX and plan data from table CE2XXXX.

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Which attributes can you configure in the activity type master record? There are 3 correct answers to this question. °Company code °CO version °Valid cost center categories °Activity type category °Price indicator

°Valid cost center categories °Activity type category °Price indicator

You want to define requirement levels for users for the authorization check in Profitability Analysis reporting. Which requirement level would you set to enable user access to all the interactive drilldown functions? °2 - Level 2 °3 - ALL °1 - Level 1 °0 - ALL

0 - ALL

Which customizing do you use for calculating work in progress (WIP)? There are 3 correct answers for this question. °Posting rule table °Settlement profile table °Assignment table °Allocation structure table °Update table

°Posting rule table °Assignment table °Update table

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 within the same plant °Cost estimates with quantity structure

Cost estimates with same cost component structure

In the material master record there are three planned prices. What do you use them for? °To valuate material stocks °To update the standard price during the release of a standard cost estimate °To valuate the materials in cost estimates °To valuate goods movement

To update the standard price during the release of a standard cost estimate

Which processes belong to the “final costing” of cost objects? There are 2 correct answers to this question. °Work in process °Variance calculation °Overhead surcharge °Revaluation at actual costs

°Work in process °Variance calculation

How does the system derive the requirement type from the material master data? There are 2 correct answers to this question. °Strategy group -> planning strategy -> requirements class -> requirements type °MRP group -> strategy group -> planning strategy -> requirements type °Strategy group -> planning strategy -> requirements type °MRP group requirements class -> planning strategy -> requirements type

°MRP group -> strategy group -> planning strategy -> requirements type °Strategy group -> planning strategy -> requirements type

What are some of the unique attributes of an assessment cycle in Controlling? There are 2 correct answers to this question. °They use a secondary cost element during transfer °They use the original cost element during transfer. °They transfer only primary costs. °They transfer primary and secondary costs.

°They use a secondary cost element during transfer °They transfer primary and secondary costs.

You have activated budget availability control for an internal order and entered an overall budget of 10000. Actuals of 10000 were posted for this internal order in the current year. How is that possible? There are 2 correct answers to this question. °The purchase order was entered in a different year than the budget. °The purchase order has NOT generated a budget document yet. °The difference of 1000 is within the tolerance limits defined in the configuration. °The cost element is exempted from budget availability control

°The purchase order was entered in a different year than the budget. °The purchase order has NOT generated a budget document yet.

Which are levels of internal order planning? There are 2 correct answers for this question. °Group costing °Overall planning °Integrated planning °Primary and secondary cost and revenue planning

°Overall planning °Integrated planning

What values flow from Sales and Distribution billing to costing-based Profitability Analysis? There are 2 correct answers to this question. °Sales deductions °Accrued production overhead °Revenue °Maintenance overhead costs

°Sales deductions °Revenue

You want to configure different cost centers in your company. Which setting in the cost center master data will you use to assign the same attributes to similar cost centers? °Cost center type °Functional area °Activity type °Cost center category

Cost center category

Which type of Profitability Analysis updates the cost of goods sold at the time of delivery? °Both account-based and costing-based °Account-based only °Costing-based only °Periodic accounting-based

Account-based only

Where do you activate commitment management for internal orders? There are 2 correct answers for this question. °In the controlling area °In the company code °In the budget profile °In the order type

°In the controlling area °In the order type

Which Customizing for Document Splitting settings do you maintain to ensure that financial statements can always be produced separately for each profit center? °Inheritance °Standard account assignment °Zero-balance °Dummy profit center

Standard account assignment

In which SAP S/4HANA components can you report the results of the results analysis? There are 3 correct answers to this question. °Financial accounting °Profitability analysis °Inventory management °Sales and distribution °Profit center accounting

°Financial accounting °Profitability analysis °Profit center accounting

How can you configure cycles for period-end allocation? There are 2 correct answers for this question. °Create cycles that iterate with each other °Use different allocation rules within one segment °Define allocation for the same cost center in multiple segments °Assign several segments to a cycle

°Define allocation for the same cost center in multiple segments °Assign several segments to a cycle

What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis? °An extension ledger of type "Simulation" °A multi-valuation ledger °An extension ledger of type "Prediction and Commitment" °A new standard G/L ledger with exclusive usage of "Prediction"

An extension ledger of type "Prediction and Commitment"

For which objects can you revaluate activities and business processes at actual prices? There are 3 correct answers for this question. °Profit centers °Work centers °Work breakdown structure elements °Cost centers °Profitability segments

°Work breakdown structure elements °Cost centers °Profitability segments

Which currency types can you use for costing-based CO-PA? There are 2 correct answers for this question. °Company code currency °Operating concern currency °Controlling area currency °Group currency

°Company code currency °Operating concern currency

How does SAP S/4HANA determine if a characteristic value is valid in Profitability Analysis? °By defining the characteristic value in the check table °By defining the characteristic value in the field catalog °By defining the characteristic value as a key figure °By defining the characteristic value as a value field

By defining the characteristic value in the check table

You configured an overhead costing sheet that uses the quantity-based overhead approach to calculate the overhead amount. What is required for the amount to be calculated? °Statistically figures with values for the period °Activity types with actual or plan quantities maintained °Cost accounts with the option to record quantity °Settlement rules with valid receiver objects

Cost accounts with the option to record quantity

You want to enable WIP calculation in Product Cost by Period. What do you need to configure? °Profitability Analysis (PA) transfer structure °Valuation variant °Settlement profile °Variance variant

Valuation variant

You want to create alternative plan versions for your controlling area, in addition to version 000. What would you use additional CO versions for? There are 2 correct answers to this question. °To store parallel valuation °To store different plan data °To store actual-plan variance °To store different budget data

°To store actual-plan variance °To store different budget data

At which level do you define the valuation method for results analysis? °Company code °Sales organization °Operating concern °Controlling area

Controlling area

To which object can you settle an internal order using cost elements with cost element category2l (internal settlement)? There are 3 correct answers to this question. °Asset °General ledger account °Sales order item °Network °WBS element

°Sales order item °Network °WBS element

What is the difference when you perform repost line items (TA: KB61) compared to manual reposting of costs (KB11n) for a cost center? There are 2 correct answers for this question. °There is the option to assign the line item to several receiver objects °The report of the line item is updated in the original FI document °The line item values are validated against the original document °The line item needs a reference to an FI document

°The line item values are validated against the original document °The line item needs a reference to an FI document

Which scenarios can be covered by the costing run? There are 2 correct answers to this question °Standard cost estimate of all the materials in all plants of a controlling area °Current cost estimate of all the materials in all controlling areas °Inventory cost estimate of all the materials in one plant °Product cost collector cost estimate in one plant

°Standard cost estimate of all the materials in all plants of a controlling area °Current cost estimate of all the materials in all controlling areas

Which key performance indicators (KPIs) does profit center accounting help you report? There are 2 correct answers for this question. °Return on capital expenditure investment °Impact on sales of a marketing activity °Contribution of new customers to gross revenue °Profit contribution of a department

°Return on capital expenditure investment °Profit contribution of a department

You want to set up integrated planning for your internal orders. What do you need to do? There are 2 correct answers to this question. °Set the relevant indicator in the controlling area. °Set the relevant indicator in the planning profile of the order type. °Set the relevant indicators in the CO version. °Set the relevant indicator in the internal order master record.

°Set the relevant indicators in the CO version. °Set the relevant indicator in the internal order master record.

In the Product Cost by Order component, what does the system calculate depending on the order status? °Both WIP and variances or only variances °WIP at target costs or variances °WIP at planned costs or variances °WIP at actual costs or variances

WIP at actual costs or variances

What do you get if you mark a standard price cost estimate? There are 2 correct answers for this question. °A new status in the cost estimate °A cost-based CO-PA document for material revaluation °An accounting document for material ledger °A future standard price

°A new status in the cost estimate °A future standard price

Which are mandatory attributes, when you create an operating concern with costing-based and account-based CO-PA? There are 2 correct answers for this question. °Second period type °Company code currency in costing-based CO-PA °Fiscal year variant °Operating Concern Currency

°Fiscal year variant °Operating Concern Currency

During posting, from which object does the system first derive the profit center if the profit center is NOT directly assigned to a network activity? °Project definition °Network header °Dummy profit center °WBS element

WBS element

You need to analyze different planning scenarios for cost centers. With which object do you differentiate the planning scenarios? °Operating concern °Cost center group °CO version °Company code

CO version

Which of the following steps are part of the procedure to update the standard price of the material? There are 2 correct answers to this question. °Release the cost estimate. °Mark the cost estimate. °Split the costs. °Archive the cost estimates.

°Release the cost estimate. °Mark the cost estimate.

In SAP S/4HANA, you have decided to activate only account-based profitability analysis for your organization. you want to settle costs and revenue of a sales order item to a profitability segment. What do you need to configure? °Cost component structure °PA transfer structure °allocation structure °Source structure

PA transfer structure

You post a billing document in Sales and Distribution (SD). What data flows to Profit Center Accounting? There are 3 correct answers to this question. °Payment discount °Accruals °Order quantity °Revenues °Sales deductions

°Payment discount °Revenues °Sales deductions

Which controls can you set when you determine a characteristic derivation? There are 3 correct answers to this question. °Valuation calculation °System response when unsuccessful °Display authority °Overwriting authority °Conditions for execution

°System response when unsuccessful °Overwriting authority °Conditions for execution

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. °Operational Chart of accounts °Currency °Operational Posting period °Fiscal year variant

°Operational Chart of accounts °Fiscal year variant

You are using availability control in your SAP S/4HANA system. Which documents can cause the system to raise a warning message when the budget was exceeded? There are 2 correct answers to this question. °Goods issue from order °Purchase requisition °Incoming invoice °Outgoing payment

°Purchase requisition °Incoming invoice

Which object can you select for reporting in costing-based Profitability Analysis, and NOT in account-based Profitability Analysis? °Cost element °Record type °Company code °Period/year

Record type

You have implemented Product Cost by Sales Order 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 = 2000 - Actual revenue = 1200 - Actual costs = 1000 What data does the system calculate during results analysis? °Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200 °Revenue = 1500; Cost of sales = 1000; Revenue surplus = 300 °Revenue = 1200; Cost of sales = 1000; Revenue surplus = 200 °Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300

Revenue = 1200; Cost of sales = 1000; Revenue surplus = 200

Which objects can statistical key figures be applied to? There are 2 correct answers to this question. °Functional areas °Profit centers °General ledger accounts °Cost centers

°Profit centers °Cost centers

Which statements are relevant to the cost of sales accounting method in profitability management? There are 2 correct answers to this question. °It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities. °It presents the costs and revenues information in a format that is ideal for conducting margin analyses °It aims to match revenues for goods and services against sales-related expenses °It aims to summarize activity and situational change for a given organizational unit over a period of time.

°It presents the costs and revenues information in a format that is ideal for conducting margin analyses. °It aims to match revenues for goods and services against sales-related expenses.

Which statement best describes the Query Browser for reporting? °It is available as an additional license product in SAP S/4HANA. °It is a strategic analytical tool in SAP S/4HANA. °It is a desktop browser that integrates with SAP S/4HANA. °It is a design studio app that comes as standard SAP Fiori content.

It is a strategic analytical tool in SAP S/4HANA.

What master data objects can you set up using time-based fields? There are 2 correct answers to this question. °Standard hierarchies °Statistical key figures °Activity types °Cost centers

°Activity types °Cost centers

What action do you perform to use the Cost-Based Percentage of Completion (POC) method? °Running the results analysis °Costing of an order °Billing of a sales order during production °Setting to profitability analysis

Running the results analysis

You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this? There are 2 correct answers to this question. °By marking the Relevance to Costing indicator in the operation °By defining a usage key in the header of the routing °By assigning a cost center to the work center in the operation °By marking the cost indicator in the control key assigned to the operation

°By marking the Relevance to Costing indicator in the operation °By marking the cost indicator in the control key assigned to the operation

You want to use a template for activity and process assignment to your material cost estimate. What do you need to do? °Assign a template to an operation in the routing of the material °Use the template allocation function in the material cost estimate and the costing run °Assign a template directly to costing view 1 of the material master record °Use the costing sheet of the costing view 1 in the template determination table

Use the template allocation function in the material cost estimate and the costing run

Why would you use manual cost allocation in Controlling? There are 2 correct answers to this question. °To run simple allocations of actual data °To allocate costs using an allocation cycle °To correct secondary postings °To run simple allocations of plan data

°To run simple allocations of actual data °To correct secondary postings

At what level do you create the structure of the operating concern? °Client level °Sales organization level °Controlling area level °Company code level

Client level

What can you define for a user status in the status profile? °The versions for which you can enter plan data °The assigned user status after a business transaction is executed °The order types for which a user status is valid °The business user IDs authorized to change the user status

The assigned user status after a business transaction is executed

On which document in the sales process is the profit center initially entered? °Sales inquiry °Goods issue °Service contract °Sales order

Sales order

For which objects can you enter statistical key figures? There are 3 correct answers to this question. °Profit centers °Functional areas °Cost elements °Cost centers °Internal orders

°Profit centers °Cost centers °Internal orders

You are considering using commitment management with internal orders. What do you need to do in the configuration? °Activate commitment management in both the company code and the order type. °Activate commitment management only in the order type. °Activate commitment management in both the controlling area and the order type °Activate commitment management only in the controlling area.

Activate commitment management in both the controlling area and the order type

What is the highest reporting level in management accounting? °Operating concern °Controlling area °Profit center °Company code

Operating concern

Which component provides insight into the effectiveness and results for areas of responsibility within the enterprise? °Results analysis °Profit center accounting °Revenue accounting and reporting °Profitability analysis

Profit center accounting

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? °Real internal order Real cost center °Statistical internal order Statistical cost center °Statistical internal order Real cost center °Real internal order Statistical cost center

Real internal order Real cost center

For which revenue-carrying cost objects does the system perform results analysis? There are 3 correct answers to this question. °Cost center °Business processes °Internal order °Work breakdown structure °Customer service orders

°Internal order °Work breakdown structure °Customer service orders

What can you use to difference two or more cost estimates for the same material? There are 2 correct answers for this question. °Costing version °Costing variant °Valuation variant °Transfer control

°Costing version °Costing variant

How do you define the relationship between an operating concern and a controlling area? Please choose the correct answer. °One-to-many (1:N) °Many-to-many (N:N) °Many-to-one (N:1) °One-to-one (1:1)

One-to-many (1:N)

What are some of the objectives of Profitability Analysis? There are 2 correct answers to this question. °Provide the company with information on the performance of its market segments. °Provide the company with a detailed view of its financial statements by responsibility units. °Allow the company to determine if the sales force achieved their contribution margin goals. °Allow the company to determine standard costs and revenues according to the period accounting method.

°Provide the company with information on the performance of its market segments. °Allow the company to determine if the sales force achieved their contribution margin goals.

What can you configure in the settlement profile? There are 2 correct answers to this question. °Define document management parameters. °Define a number range for settlement documents. °Determine an overhead key. °Determine whether settlement is required.

°Define document management parameters. °Determine whether settlement is required.

Which receiver must be allowed in the settlement profile of a product cost collector? °Material °Cost center °Business process °Order

Material

What are some of the characteristics of planning for internal orders? There are 2 correct answers to this question. °Availability control can check against plan values. °You can plan multiple versions. °You can enter costs and revenues °You can define tolerance limits for plan overspend.

°You can plan multiple versions. °You can enter costs and revenues

What are the benefits of using valuated sales order stock compared to non-valuated sales order stock? There are 2 correct answers for this question. °Production order settlement to sales order °Combined quantity and value flow analysis °Production cost calculation °Simplified inventory value determination

°Combined quantity and value flow analysis °Simplified inventory value determination

Which activity do you perform during period-end in profit center accounting? °Post activity allocation °Execute template allocation °Settle costs °Process distribution cycles

Process distribution cycles

Which parameters can you enter when you create a costing run? There are 3 correct answers to this question. °Costing variant °Valuation variant °Production version °Transfer control °Costing version

°Costing variant °Transfer control °Costing version

What can you specify when you create an activity type? There are 3 correct answers for this question. °The valid receiving cost center types °The valid sending cost center types °The activity type category for allocation °The primary costs G/L account for internal activity allocation °The secondary costs G/L account for internal activity allocation

°The valid sending cost center types °The activity type category for allocation °The secondary costs G/L account for internal activity allocation

Which objects can you plan in cost center accounting? There are 3 correct answers for this question. °Secondary cost accounts °Non-operating expense accounts °Statistical key figures °Balance sheet accounts °Activity prices

°Secondary cost accounts °Statistical key figures °Activity prices

To which objects do you settle values of the results analysis? There are 2 correct answers for this question. °Profit center °Profitability segment °Segment °Cost center

°Profit center °Profitability segment

You are setting up costing-based Profitability Analysis for your organization. How do you configure the different market segments? °As value fields °As divisions °As key figures °As characteristics

As characteristics

Which views can you use to analyze the costing results within the costing run tool? There are 3 correct answers to this question. °Analysis report °Material list report °Costing levels report °Variance report °Work in progress report

°Analysis report °Material list report °Costing levels report

How can you configure the transfer price solution in SAP S/4HANA? There are 2 correct answers to this question. °Use separate ledgers for each valuation. °Use separate currency types within the same ledger for each valuation °Use separate segments for each valuation °Use separate accounts for each valuation.

°Use separate ledgers for each valuation. °Use separate accounts for each valuation.

Which characteristic controls the eligible cost element categories for G/L accounts in SAP S/4HANA? °Field status group °Account type °Account currency °Account group

Account type

How can you define a dynamic group for internal orders? °Use wild cards in the order codes assigned to nodes °Assign a selection variant to an end node °Define an order coding mask for order types °Create a substitution rule for mass changes

Assign a selection variant to an end node

Which tasks can you perform on a production order in a make-to-order scenario with valuated stock? There are 2 correct answers for this question. °Settle the variances to CO-PA °Calculate production variances °Transfer reserves for realized costs °Perform results analysis

°Settle the variances to CO-PA °Calculate production variances

Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? There are 2 correct answers to this question. °It takes precedence over validation and substitution. °It can be defined for postings on general ledger accounts of secondary costs type. °It can be overwritten in the application. °It can be defined for postings on general ledger accounts of primary costs type.

°It can be overwritten in the application. °It can be defined for postings on general ledger accounts of primary costs type.

When you create a planning layout, which objects can you use to define the data columns? There are 3 correct answers for this question. °Value fields °Distribution key °Characteristics °Formulas °Summarization level

°Value fields °Characteristics °Formulas

Which statement best describes a cost center standard hierarchy? °It is grouped together with alternative hierarchies to represent decision control and responsibility units. °It represents an organizational unit in SAP S/4HANA where the costs and revenues are incurred and reported. °It enables you to assign the same attributes to similar cost centers within a controlling area. °It is a structure to which all the cost centers within a controlling area are assigned.

It is a structure to which all the cost centers within a controlling area are assigned.

You want to maintain a cost component structure. What can you determine for each cost component? There are 3 correct answers to this question. °Assignment of cost component to calculation base for overheads in costing sheet °Relevance of cost component to results analysis °Relevance of cost component to goods manufactured °Relevance of cost component to inventory valuation °Assignment of cost component to cost component group

°Assignment of cost component to calculation base for overheads in costing sheet °Relevance of cost component to results analysis °Relevance of cost component to inventory valuation

Your customer defined one distribution cycle in SAP S/4HANA. 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 each cycle to a different cycle run group °Select iteration in the cycle header of the new cycle °Select iteration in the cycle header of both cycles °Assign both cycles to the same cycle run group

Assign both cycles to the same cycle run group

Which management accounting currencies can you use for evaluation when you use cross-company-code cost accounting? There are 3 correct answers for this question. °Transaction currency °Controlling area currency °Reference currency °Company code currency °Object currency

°Controlling area currency °Company code currency °Object currency

What does the internal order settlement profile define? There are 3 correct answers for this question. °Whether settlement is necessary °The valid receivers °Whether commitment management is necessary °The template allocation °The accounting document type

°Whether settlement is necessary °The valid receivers °The accounting document type

Which characteristic of an internal order does the order type control? °Time period for which the order is valid °Controlling areas the order is assigned to °Budget profile assigned to the order °Types of costs posted to the order

Budget profile assigned to the order

Which field can you select for both reporting in costing based and account-based Profitability Analysis? °Value in Controlling Area Currency °Cost element °Record type °Version

Version

Independent from the cost object, which parameters are always contained in a costing variant? There are 2 correct answers for this question. °Transfer control °Reference variant °Valuation variant °Costing type

°Valuation variant °Costing type

Which object controls the tiles a business user can assign to their SAP Fiori launchpad? °Tile group °App library °App finder °Tile catalog

Tile catalog

You use a ledger, an additional standard ledger and an extension ledger. You post a general journal entry without indicating a ledger group. For which ledger(s) are separate line items posted in the universal journal? °All ledgers °The standard ledgers °The leading and extension ledgers °The leading ledger only

The leading and extension ledgers

You want to set up budget availability control for your projects and internal orders. What can you check using budget availability control? There are 2 correct answers to this question. °The availability of funds on period level °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 according to tolerance limits °The availability of funds in object currency

At which level can you assign a valuation strategy in CO-PA? There are 2 correct answers for this question. °Record type °Point of valuation °Costing key °Sales order type

°Record type °Point of valuation

In which module do you process profit center allocations in SAP S/4HANA? °General Ledger Accounting °Product Cost Accounting °Profit Center Accounting °Cost Center Accounting

Profit Center Accounting

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? °Defining flexible hierarchies °Configuring derivation rules °Creating multi-dimension sets °Copying groups with suffix

Defining flexible hierarchies

What can you manage via the account assignment category? There are 2 correct answers to this question. °Valuated sales order stock °Separate sales order stock °Costing variant °Product cost by sales order

°Valuated sales order stock °Product cost by sales order

What is the default option for planning profit center values in SAP S/4HANA? °Profitability analysis planning °Financial accounting planning °Business planning and consolidation °Management accounting planning

Business planning and consolidation

What does the calculation of a condition type in the costing sheet of CO-PA depend on? There are 2 correct answers to this question. °Valuation °Calculation type °Segment °Condition class

°Calculation type °Condition class

To which object do you assign a costing sheet? °Costing variant °Cost component structure °Transfer control °Valuation variant

Valuation variant

Which of the following values can be calculated using results analysis? There are 3 correct answers to this question. °Work in progress °Cost of sales °Gross margin °Reserves for unrealized costs °Cost of goods manufactured

°Work in progress °Cost of sales °Reserves for unrealized costs

How does SAP S/4HANA capture costs? There are 2 correct answers to this question. °Only primary costs are captured in general ledger accounts °All primary and secondary costs are captured by creating them as cost elements. °Secondary costs are captured as secondary cost elements, and NOT as general ledger accounts. °Primary and secondary costs are captured in general ledger accounts.

°All primary and secondary costs are captured by creating them as cost elements. °Primary and secondary costs are captured in general ledger accounts.

Which customizing activity do you perform in overhead cost controlling? °Create value fields °Define cost center categories °Define company centers categories °Maintain costing variant parameters

Define cost center categories

When you configure period-end closing, which accrual calculations methods can you use? There are 2 correct answers for this question. °Statistical key figure °Percentage °Target equals actual °Template

°Percentage °Target equals actual

In a make-to-order scenario, you use a sales order with an assigned production order and non-valuated sales order stock. Which process do you use to post actual costs on a sales order in SAP S/4HANA? There are 2 correct answers for this question. °Production order settlement °External goods receipt on sales order stock °Delivery from production order to sales order stock °Production order confirmation

°Production order settlement °Production order confirmation

Which settings can you configure per order type for the budget and availability control? There are 2 correct answers to this question. °Budget tolerance limits °Budget data entry layout °Design budget manager °Budgeting on cost element level

°Budget tolerance limits °Budgeting on cost element level

Which parameters are controlled by the costing type in a costing variant? There are 2 correct answers to this question. °Save with date key °Price updates °Price for materials °Costing sheet

°Save with date key °Price updates

Which criteria do you use to specify the G/L account for the work in process (WIP) settlement? There are 3 correct answers for this question. °Results analysis profit center °Results analysis method °Results analysis cost element °Results analysis category °Results analysis version

°Results analysis cost element °Results analysis category °Results analysis version

What can you analyze in detail when you transfer the cost component split from product cost planning to costing-based CO-PA? °Cost of goods manufactured °Cost of goods sold °Sales revenues °Variance categories

Cost of goods sold

What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item? There are 2 correct answers to this question. °The material in the sales order item is a service. °The sales order item is a cost object. °The sales order item is assigned to a project. °Profitability Analysis (CO-PA) is activated.

°The sales order item is assigned to a project. °Profitability Analysis (CO-PA) is activated.

What are some of the characteristics of SAP Core Data Services (CDS) views? There are 3 correct answers to this question. °CDS views have no latency. °CDS views are considered system modifications. °CDS views support authorizations. °CDS views duplicate data for reporting efficiencies. °CDS views have ready-to-use content.

°CDS views have no latency. °CDS views support authorizations. °CDS views have ready-to-use content.

You have implemented Product Cost by Sales Order in conjunction with revenue-based results analysis in your organization. For a particular sales order item, you have the following: - Plan revenue = 3000 - Plan costs = 2000 - Actual revenue = 1200 - Actual costs = 1000 What data does the system calculate during results analysis? °Revenue = 1200; Cost of sales = 800; Reserve = 200 °Revenue = 1200; Cost of sales = 1000; Reserve = 200 °Revenue = 1200; Cost of sales = 800; WIP = 200 °Revenue = 1200; Cost of sales = 1000; WIP = 200

Revenue = 1200; Cost of sales = 800; WIP = 200

You want to run an assessment cycle in Profitability Analysis to allocate cost center costs during period-end closing for your organization. Which of the following objects is part of the assessment cycle? °Template °Cycle iteration °PA transfer structure °Tracing factor

Tracing factor

Which of the following controls can you set when you determine a characteristic derivation? There are 3 correct answers to this question. °Valuation calculation °System response when unsuccessful °Display authority °Overwriting authority °Conditions for execution

°System response when unsuccessful °Overwriting authority °Conditions for execution

You want to understand why costs are collected on sales order item level. What do you need to check in the configuration? There are 3 correct answers to this question. °Valuation variant °Requirements class °Account assignment category °Costing type °Requirement type

°Requirements class °Account assignment category °Requirement type

Which object do you configure to reuse material cost estimate for the costing process? °Valuation variant °Transfer control °Group costing °Quantity structure control

Transfer control

Which object can you configure to offset overhead surcharges for a cost object? There are 3 correct answers for this question. °Profitability segment °Business process °Profit center °Cost center °Internal order

°Business process °Cost center °Internal order

Which of the following statements best describe Product Cost by Period? There are 2 correct answers to this question. °It is used when the focus of controlling is on a stable and continuous production process. °It is used for joint production with process orders. °It is used in conjunction with a product cost collector. °It is used to analyze work in process based on actual costs.

°It is used when the focus of controlling is on a stable and continuous production process. °It is used in conjunction with a product cost collector.

Which main elements do you configure for the overhead costing sheet? There are 3 correct answers for this question. °Overhead rate °Credit key °Revaluation rate °Calculation base °Allocation structure

°Overhead rate °Credit key °Calculation base

Which of the following statements are applicable to SAP S/4HANA embedded analytics? There are 2 correct answers to this question. °It is part of the core SAP S/4HANA license and uses the same technical stack and user interface. °It uses core data services (CDS) views to create virtual data models (VDMs) for reporting. °It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analytics Tools for reporting. °It is part of SAP S/4HANA Strategic Analytics tools stack that uses virtual data models for reporting.

°It is part of the core SAP S/4HANA license and uses the same technical stack and user interface. °It uses core data services (CDS) views to create virtual data models (VDMs) for reporting.

What can you do with statistical internal orders? °Settle costs to a cost center °Simultaneously post to a cost center °Transfer posting to another internal order. °Apply overhead rates to the internal order.

Simultaneously post to a cost center

What do you use to map the primary cost component split to the production cost component structure? °Assignment scheme °Transfer structure °Allocation structure °Cost Component groups

Transfer structure

You want to prevent periodic cost fluctuations. Which activity should you choose to distribute irregular expenses to the relevant periods? °Variance calculation °Accrual calculation °Periodic reposting °Cost splitting

Accrual calculation

You perform a settlement with a primary cost account which is different from the cost account you used to post the original expense. Which object is a valid receiver for the settlement? °WBS element °Internal order °Cost center °Fixed asset

Fixed asset

Which of the following objects can be selected in templates for activity-based costing? There are 2 correct answers to this question. °Internal order °Cost center/activity type °Business process °WBS element

°Cost center/activity type °Business process

You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? There are 3 correct answers to this question. °To permit or forbid specific transactions °To define the user status °To set the initial status as Created or Released °To activate the CO partner update °To define users for the order

°To permit or forbid specific transactions °To define the user status °To set the initial status as Created or Released

You use a production order with Product Cost by Period and you entered a results analysis key and variance key. How does the system calculate variances in Product Cost by Period? °Variances = Actual costs - Delivery value °Variances = Actual costs - Delivery value - WIP °Variances = Target costs - Delivery value °Variances = Target costs - Delivery value - WIP

Variances = Actual costs - Delivery value - WIP

To which objects do you assign the elements of the cost component split to ensure the transfer of costing to costing-based CO-PA? °Segments °G/L accounts °Value fields °Controlling areas

Value fields

Which of the following statements best describe Product Cost by Order? There are 2 correct answers to this question. °It is recommended for products with a long production time. °It is used when you perform repetitive manufacturing. °It is used when controlling by individual production lots or discrete quantities is needed. °It is used when full cost traceability is needed.

°It is used when controlling by individual production lots or discrete quantities is needed. °It is used when full cost traceability is needed.

When you define assessment cycles for the period-end closing in overhead cost accounting, which object can you assign to the cycle segment? °Costing sheet °Template °Settlement rule °Allocation structure

Allocation structure

You are executing an indirect activity allocation. What do you post to the sender and receiver? °You post quantity and cost to both the sender and receiver. °You post both quantity and cost to the receiver, and cost only to the sender °You post both quantity and cost to the sender, and cost only to the receiver °You post cost only to both the sender and receiver.

You post quantity and cost to both the sender and receiver.

How do you maintain number intervals/ranges in Controlling? °By posting key °By document type °By company code °By business transactions

By business transactions

Which of the following are typical activities of the sales planning phase in SAP S/4HANA? There are 2 correct answers for this question. °Transfer of GL account data °Top-down distribution °Manual entry of data °Bottom-up distribution

°Transfer of GL account data °Manual entry of data

You are configuring internal order settlement. Where do you define which cost elements should be settled, using either the original or settlement cost elements? °Allocation structure °Settlement rule °Settlement profile °Template

Allocation structure

You want to create cost centers for your company. What is the prerequisite to building an organizational structure for overhead cost controlling? °Cost center types °Standard hierarchy top node °Functional area °Cost center categories

Standard hierarchy top node

Which default values can you configure for the product cost collector? There are 2 correct answers to this question. °Costing variant for preliminary costing °Results Analysis (RA) version °Results Analysis (RA) key °Variance variant

°Costing variant for preliminary costing °Results Analysis (RA) key

You want to settle primary cost elements and secondary cost elements to different receivers. What do you use? °Source structure °Allocation structure °Overhead structure °PA transfer structure

Source structure

What are some of the characteristics of Profit Center Accounting in SAP S/4HANA? There are 2 correct answers to this question. °It is integrated in the universal journal. °It is possible to derive the profit center from the segment in configuration. °It can be used with period and/or cost of sales accounting. °It can be used in the settlement rule for internal orders.

°It is integrated in the universal journal. °It can be used with period and/or cost of sales accounting.

Where can you find actual transaction data of account-based CO-PA in SAP S/4HANA? °CE1XXXX °ACDOCA °BSEG °COEJ

ACDOCA

Which activities can you perform while you create cost center hierarchies? There are 2 correct answers to this question. °Assign a standard hierarchy to several controlling areas. °Append nodes and cost centers to a node of the standard hierarchy. °Create a cost center without specifying a standard hierarchy. °Reassign a cost center to another node of the standard hierarchy.

°Append nodes and cost centers to a node of the standard hierarchy. °Reassign a cost center to another node of the standard hierarchy.

When do you use an assessment instead of a distribution? There are 2 correct answers for this question. °When you need the option to reverse the cycle as often as required °When you need to transfer secondary costs °When you want to view the original cost elements on the receiver °When you want to consolidate allocated expenses

°When you need to transfer secondary costs °When you want to consolidate allocated expenses

Which costs exist in SAP S/4HANA? There are 2 correct answers for this question. °Secondary costs with G/L account °Secondary costs without G/L account °Primary costs without G/L account °Primary costs with G/L account

°Secondary costs with G/L account °Primary costs with G/L account

Which object do you have to assign the cost component structure to? °Valuation variant °Costing type °Costing variant °Material master record

Costing variant

What parameters can you set up when defining order types? There are 2 correct answers to this question. °Allow revenue postings. °Set up work lists. °Define document type. °Define default parameters for master record fields.

°Allow revenue postings. °Define default parameters for master record fields.

For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA? °Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation. °Parallel accounting is needed in order to be compliant with different accounting principles. °Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation. °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.

Where can you adjust the automatic account assignment? There are 2 correct answers for this question. °Default account assignment (TA: OKB9) °G/L account (TA: FS00) °Substitution (TA: GGB1) °Cost center (TA: KS01)

°Default account assignment (TA: OKB9) °Substitution (TA: GGB1)

What is required before you can create a multi-level material cost estimate without quantity structure? °Specific costing variants for material costings without quantity structure °Specific valuation variants for material costings without quantity structure °Material master with accounting view and with MRP views °Material master with costing view

Material master with costing view

You enter the actual activity quality for work and vacation in the crossapplication time sheet. Which options can you choose in the master data of the activity type to ensure the quantities and values are posted in Management Accounting? There are 2 correct answers to this question. °Indirect determination, indirect allocation °Manual entry, indirect allocation °Manual entry, no allocation °Manual entry, manual allocation

°Manual entry, no allocation °Manual entry, manual allocation

Your customer uses account-based CO-PA. Which sales documents create an account-based CO-PA line item for each standard ledger in the universal journal table in SAP S/4HANA 1809? There are 2 correct answers to this question. °Goods issue °Sales order °Goods receipt °Billing

°Goods issue °Billing

Which objects are predefined characteristics in SAP S/4HANA? There are 3 correct answers for this question. °Plant °Controlling area °Product category °Company code °Region

°Plant °Controlling area °Company code

You want to use a template to consider overhead during product costing. How do you assign the template to your material? °Using a special procurement type and an overhead group °Using an origin group and an overhead group °Using an overhead group and an overhead key °Using a profit center and an overhead key

Using an origin group and an overhead group

You are setting up a direct internal activity allocation in SAP S/4HANA. What are valid receivers for the activity? There are 3 correct answers to this question. °Statistical overhead order °Sales order item °Cost center °General ledger account °Network

°Sales order item °Cost center °Network

Which configuration is possible when you assign multiple company codes to a controlling area in SAP S/4HANA? °The company code operational chart of accounts may differ from the controlling area operational chart of accounts °The company code fiscal year variant may differ from the controlling area fiscal year variant in the number of periods and number of especial periods °The company code fiscal year variant may differ from the controlling area fiscal year variant In the number of special periods °The company code currency may differ from the controlling area currency

The company code currency may differ from the controlling area currency

How can you populate local variables in Profitability Analysis reports? °By user entry during report execution °By user exit °By Business Add-In °By populating from user parameters

By user entry during report execution

In a standard system delivery, how many characteristics can be added to an operating concern? °0-70 °71-100 °101-150 °Over 150

0-70

Which order status is relevant for creating work in process (WIP) calculations when you use Product Cost by Order (PCO)? °Partially released °Created °Technically completed °Delivered

Partially released

In an SAP S/4HANA system, you have two profit centers with the same profit center code and the same validity period, but different names. What does this indicate about the configuration of the profit centers? °They are assigned to different segments °They are assigned to different functional areas °They are defined in separate controlling areas °They are defined in separate company codes

They are defined in separate controlling areas

How can you define the overhead rate in a costing sheet? There are 2 correct answers to this question. °As percentage rate °As equivalence number °As lot-based surcharge °As quantity-based surcharge

°As percentage rate °As quantity-based surcharge