[UPDATED Nov-2023] Best Value Available Preparation Guide for C_TS4CO_2020 Exam [Q51-Q69]

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[UPDATED Nov-2023] Best Value Available Preparation Guide for C_TS4CO_2020 Exam

1 Full C_TS4CO_2020 Practice Test and 256 Unique Questions, Get it Now!

SAP C-TS4CO-2020 exam consists of 80 questions, and candidates have three hours to complete it. C_TS4CO_2020 exam is available in multiple languages and can be taken at authorized SAP testing centers or online. Candidates who pass the exam receive an SAP Certified Application Associate – SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) certificate, which is valid for two years.

SAP C-TS4CO-2020 exam is designed to test the knowledge and skills of individuals in the area of management accounting using the SAP S/4HANA software. SAP Certified Application Associate – SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) certification proves that the holder has a thorough understanding of various topics such as cost center accounting, profitability analysis, and product costing with the SAP S/4HANA platform. C_TS4CO_2020 exam is also intended to assess the practical experience and ability of candidates to apply their knowledge to real-world scenarios.

NO.51 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 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 analytical data is always done in a business warehouse system.

NO.52 Which objects can you plan in cost center accounting? There are THREE correct answers for this question

Non-operating expense accounts

Activity prices

Secondary cost accounts

Statistical key figures

Balance sheet accounts

NO.53 When do you use an assessment instead of a distribution? 2 answers

When you want to view the original cost elements on the receiver

When you need to transfer secondary costs

When you want to consolidated allocated expenses

When do you need the option to reverse the cycle as often as required

NO.54 What action do you perform to use the Cost-Based Percentage of Completion (POC) method?

Costing of an order

Setting to profitability analysis

Billing of a sales order during production

Running the results analysis

NO.55 Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question.

It is used when periodic costs outweigh daily postings.

It is used to analyze work in process (WIP) 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.

NO.56 You are implementing SAP S4/HANA and you want to run analytical reports off a single data model.
Which statement best describes reporting in SAP S4/HANA?

Reporting can be either broad and deep for analysis, or speedy and simple, but not both.

Reporting on data in real time is difficult, and complex to design.

Reporting analytical data is always done in business warehouse system.

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

NO.57 You post a billing document for a sales order with sales order controlling. What data flows to Profit Center Accounting? Note: There are 2 correct answers to this question.

Sales deductions

Order quantity

Payment Discount

Revenues

NO.58 What are the some of the characteristics of Profit Center Accounting in SAP S4/HANA? Note: There are 2 correct answers to this question.

It can be used in the settlement rule for internal order.

It is integrated in the universal journal.

It can be used with period and/or cost of sale accounting.

It is possible to derive the profit center from the segment in configuration.

NO.59 At which level do you define the valuation method for results analysis?

Controlling area

Company code

Plant

Operating concern

NO.60 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 TWO correct answers for this question

A variable cost field in

A calculation formula

A cost splitting profile

A price difference profile

NO.61 On which organizational level do you maintain profit center accounting in SAP S/4HANA?

Financial statement version

Operating concern

Company code

Controlling area

NO.62 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?

Dummy profit center

Project definition

Network header

WBS element

NO.63 Which functionalities can create primary coost component splits? 2 answers

Execution of the assessment cycles

Business processes price calculation

Settlement of internal orders

Cost center/activity type price calculation

NO.64 Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?

Costing-based only

Periodic accounting-based

Account-based only

Both account-based and costing-based only

NO.65 Which parameters are controlled by the costing type in a costing variant? 2 answers

Price for materials

Price update

Save with date key

Costing sheet

NO.66 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.

To define the user status

To define users for the order

To permit or forbid specific transactions

To activate the CO partner update

To set the initial status as Created or Released

NO.67 How does SAP S/4HANA capture costs?

Secondary costs are captured as secondary cost elements, and NOT as general ledger accounts.

Only primary 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

NO.68 You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirement must be fulfilled ? 2 Answers

The type of the corresponding general ledger must be primary cost/revenue or secondary cost

Costing-based Profitability Analysis must be active

Account-based profitability must be active.

The type of the corresponding general ledger must be balance sheet

NO.69 You want to setup integrated planning for your internal order. What do you need to do? Note: There are 2 correct answers to this question.

Set the relevant indicators in the CO version.

Set the relevant indicator in the controlling area.

Set the relevant indicator in the planning profile of the order type.

Set the relevant indicator in the internal order master record.

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[UPDATED Nov-2023] Best Value Available Preparation Guide for C_TS4CO_2020 Exam [Q51-Q69]

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