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Free PDF Quiz C-TS4CO-2023 - Trustable New SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting Test Test

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SAP C-TS4CO-2023 Exam Syllabus Topics:

Topic
Details

Topic 1

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

Topic 2

Reporting: It covers general reporting requirements for cost centers. Moreover, the topic discusses cost center reporting, drill-down reports, and painter reports.

Topic 3

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

Topic 4

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

Topic 5

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 6

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 7

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

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting Sample Questions (Q36-Q41):

NEW QUESTION # 36
Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.

A. Product cost collector cost estimate in one plant
B. Standard cost estimate of all the materials in all plants of a controlling area
C. Inventory cost estimate of all the materials in one plant
D. Current cost estimate of all the materials in all controlling area

Answer: A,C

NEW QUESTION # 37
Your enterprise has five company codes assigned to three separate operating charts of accounts.
What is the optimal way of configuring the relationship between operating concerns and controlling area?

A. One operating concern; five controlling areas
B. Three operating concerns; three controlling areas
C. One operating concern; one controlling area
D. One operating concern; three controlling areas

Answer: D

Explanation:
Detailed Explanation:A single operating concern linked to multiple controlling areas is optimal for unified reporting across multiple charts of accounts, allowing each controlling area to map local requirements while sharing consolidated financial data.

NEW QUESTION # 38
To which object do you assign a costing sheet?

A. Valuation variant
B. Costing type
C. Costing variant
D. Cost component structure

Answer: A

Explanation:
Detailed Explanation: In SAP S/4HANA, costing sheets are assigned to valuation variants (option B), which define the parameters for cost estimates, including indirect costs and overheads. This is essential for accurate cost analysis and financial reporting.

NEW QUESTION # 39
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. Costing type
B. Transfer control
C. Reference variant
D. Costing version

Answer: C

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 # 40
You create a new cost estimate. Which of the following steps are required to update the standard price of the material?
Note: There are 3 correct answers to this question.

A. Activate the cost estimate.
B. Mark the cost estimate.
C. Run the cost estimate.
D. Release the cost estimate.
E. Simulate the cost estimate.

Answer: B,C,D

Explanation:
Detailed Explanation: Running the cost estimate (option C), marking it (option D), and releasing it (option B) are necessary steps to update a material's standard price. This ensures that accurate, current cost data is used in inventory valuation and financial reporting in SAP S/4HANA.

NEW QUESTION # 41
......

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