2024 Best C_TS4CO_2021 Exam Preparation Material with New Dumps Questions
Free C_TS4CO_2021 Exam Files Verified & Correct Answers Downloaded Instantly
By earning the SAP C_TS4CO_2021 certification, individuals can demonstrate their expertise in SAP S/4HANA for Management Accounting Associates to potential employers. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification can help professionals advance their careers in finance and accounting departments, as well as provide a competitive advantage in the job market. Additionally, this certification can help businesses identify individuals with the knowledge and skills necessary to effectively use SAP S/4HANA for financial planning, analysis, and reporting.
SAP C_TS4CO_2021 (SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021)) exam is a certification exam that is designed for individuals who want to demonstrate their knowledge and understanding of SAP S/4HANA Management Accounting. C_TS4CO_2021 exam is an entry-level certification and is intended for individuals who have a basic understanding of the SAP S/4HANA Management Accounting application.
NEW QUESTION # 30
What parameters can you set up when defining order types?
- A. Define source structure.
- B. Define document type.
- C. Define default parameters for master record fields.
- D. Allow revenue postings.
Answer: C,D
NEW QUESTION # 31
Which setting in the cost center master data do you use to assign the same attributes to similar cost center?
- A. Cost center category
- B. Standard hierarchy node
- C. Object class
- D. Cost center type
Answer: A
NEW QUESTION # 32
You are running an indirect activity allocation. What do you post to the sender and receiver?
- A. You post both quantity and cost to the sender, and cost only to the receiver.
- B. You post both quantity and cost to the receiver, and cost only to the sender.
- C. You post only cost to both the sender and receiver.
- D. You post quantity and cost to both the sender and receiver.
Answer: D
NEW QUESTION # 33
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?
- A. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
- B. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
- C. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
- D. Parallel accounting is needed in order to be compliant with different accounting principles.
Answer: B
NEW QUESTION # 34
What are some of the objectives of Profitability Analysis? Note: There are 2 correct answers to this question.
- A. Provide the company with a detailed view of its financial statements by areas of responsibilities.
- B. Provide the company with information on the performance of its market segments.
- C. Allow the company to determine if the sales force achieved their contribution margin goals.
- D. Allow the company to determine standard costs and revenues according to the period accounting method.
Answer: B,C
NEW QUESTION # 35
Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.
- A. Standard cost estimate of all the materials in all plants of a controlling area
- B. Current cost estimate of all the materials in all controlling area
- C. Inventory cost estimate of all the materials in one plant
- D. Product cost collector cost estimate in one plant
Answer: C,D
NEW QUESTION # 36
How do you maintain number range intervals in Controlling?
- A. By cost element category
- B. By account type
- C. By document type
- D. By business transactions
Answer: D
NEW QUESTION # 37
To which object can you settle an internal order using cost elements with cost element category 21 (internal settlement)? Note: There are 3 correct answers to this question.
- A. Sales order item
- B. WBS element
- C. Asset
- D. Network
- E. General ledger account
Answer: A,B,D
NEW QUESTION # 38
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? Note:
There are 2 correct answers to this question.
- A. It can be overwritten in the application.
- B. It can be defined for postings on general ledger accounts of secondary costs type.
- C. It can be defined for postings on general ledger accounts of primary costs type.
- D. It takes precedence over validation and substitution.
Answer: C,D
NEW QUESTION # 39
Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question.
- A. It is used when you perform repetitive manufacturing.
- B. It is used when full cost traceability is needed.
- C. It is used when controlling by individual production lots or discrete quantities is needed.
- D. It is recommended for products with a long production time.
Answer: B,C
NEW QUESTION # 40
Which of the following values can be calculated using result analysis? Note: There are 3 correct answers to this question.
- A. Cost of sales
- B. Work in progress
- C. Gross margin
- D. Reserves for unrealized costs
- E. Cost of goods manufactured
Answer: A,B,D
NEW QUESTION # 41
How can you populate local variables in Profitability Analysis reports?
- A. By Business Add-In
- B. By user exit
- C. By populating from user parameters
- D. By user entry during report execution
Answer: D
NEW QUESTION # 42
For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question.
- A. Internal orders
- B. Cost centers
- C. Profit centers
- D. Cost elements
- E. Functional areas
Answer: A,B,C
NEW QUESTION # 43
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.
- A. Set the relevant indicator in the controlling area.
- B. Set the relevant indicators in the CO version.
- C. Set the relevant indicator in the internal order master record.
- D. Set the relevant indicator in the planning profile of the order type.
Answer: B,C
NEW QUESTION # 44
Why would you use manual cost allocation in Controlling? Note: There are 2 correct answers to this question.
- A. To correct secondary postings
- B. To run simple allocations of plan data
- C. To allocate costs using an allocation cycle
- D. To run simple allocations of actual data
Answer: A,D
NEW QUESTION # 45
You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?
- A. Indirect activity allocation
- B. Accrual calculation
- C. Periodic reporting
- D. Budget availability control
Answer: B
NEW QUESTION # 46
In the material master record there are three planned prices: ""Planned price 1"", ""Planned price
2""and""Planned price 3"". What do you use them for?
- A. To update the standard price during the release of a standard cost estimate
- B. To valuate material stocks
- C. To valuate goods movement
- D. To valuate the materials in cost estimates
Answer: D
NEW QUESTION # 47
What can you do with statistical internal orders?
- A. Simultaneously post to a cost center.
- B. Transfer posting to another internal order.
- C. Apply overhead rates to the internal order.
- D. Settle costs to a cost center.
Answer: A
NEW QUESTION # 48
You are setting up a direct internal activity allocation in SAP S4/HANA. What is valid receivers for the activity? Note: There are 3 correct answers to this question.
- A. Sales order item
- B. WBS element
- C. Profit center
- D. Internal order
- E. General ledger account
Answer: A,B,D
NEW QUESTION # 49
......
SAP C_TS4CO_2021 Exam Description:
PLEASE NOTE: This certification has been published for early adopters. Some recommended ‘ways to attain’ are not yet available. - - - - - - - - - - - - - - - -The 'SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021)' certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Management Accounting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within Management Accounting projects. This certificate is the ideal starting point for a professional career as a Management Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Management Accounting are added over years, a professional career can be validated by taking a second exam which focuses on the migration from SAP ERP to SAP S/4HANA: "SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts". The certificate issued for passing this exam will be valid for 5 years.
Instant Download C_TS4CO_2021 Dumps Q&As Provide PDF&Test Engine: https://www.vcetorrent.com/C_TS4CO_2021-valid-vce-torrent.html
Fast Exam Updates C_TS4CO_2021 dumps with PDF Test Engine Practice: https://drive.google.com/open?id=18p_-T0ZDnRl9l7lAStK7X1oXQ8ND78yj