[Nov-2024 Newly Released] C_TS4CO_2023 Exam Questions For You To Pass [Q22-Q40]

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[Nov-2024 Newly Released] C_TS4CO_2023 Exam Questions For You To Pass

SAP C_TS4CO_2023 Exam: Basic Questions With Answers

SAP C_TS4CO_2023 Exam Syllabus Topics:

Topic	Details
Topic 1	Internal Order Accounting: This topic focuses on order category, order type, commitments, internal orders, settlement rules, and period-end closing for IOA.
Topic 2	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.
Topic 3	Product Cost Planning: This topic discusses product cost planning, cost elements structure, cost component structure, planning requirements, costing variants and multi-level costings.
Topic 4	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 5	Managing Clean Core: The topic discusses process agility, adaptation efforts, and acceleration of innovation.

Q22. How can you populate local variables in Profitability Analysis reports?

By populating from user parameters

By user exit

By Business Add-In

By user entry during report execution

Q23. To which object do you assign a costing sheet?

Valuation variant

Transfer control

Cost component structure

Costing variant

Q24. You have implemented Product Cost by Sales Oder 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 cost=1000
What data does the system calculate during results analysis?

“Revenue = 1500; Cost of sales = 1000; Revenue surplus =300”

“Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200”

“Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300”

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

Q25. 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.

Q26. Which statement best describes the Query Browser for reporting?

It is a desktop browser that integrates with SAP S/4HANA.

It is the frontend used to define reports in Analysis for Office.

It is available as an additional license product in SAP S/4HANA.

It is a design studio app that comes as standard SAP Fiori content.

Q27. You want to create cost centers for your company. What is the prerequisite to build an organizational structure for overhead cost controlling?

Person responsible

Profit center

Standard hierarchy top node

Cost center categories

Q28. In which module do you process profit center allocations in SAP S/4HANA?

Product cost accounting

General ledger accounting

Account-based profitability analysis

Cost center accounting

Q29. What do you need to setup in order to bring the values incoming sales orders into account-based Profitability Analysis?

A new standard G/L ledger with exclusive usage for “Prediction”

An extension ledger of type “S: Line items with technical numbers / deletion possible”

A multi-valuation ledger

An extension ledger of type “P: Line items with technical numbers / no deletion possible”

Q30. Which of the following steps are part of the procedure to update the standard price of the material? Note: There are 2 correct answers to this question.

Release the cost estimate.

Archive the cost estimates.

Mark the cost estimate.

Split the costs.

Q31. Which type(s) of Profitability Analysis update (s) the cost of goods sold at the time of delivery only?

Both margin analysis and costing-based

Margin analysis

Costing-based

Combined profitability analysis

Q32. 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? Note: There are 2 correct answers to this question.

Costing-based Profitability Analysis must be active.

Account-based Profitability Analysis must be active.

The type of the addressed ledger must be an extension ledger.

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

Q33. You configure the commitment management solution for cost centers and projects in your SAP S/4HANA system.
Which documents can create commitments against the budget?

Invoice for project related travel expenses

Goods receipt for production material stock

Purchase requisition for purchasing office materials

Purchase order for purchasing a car with direct capitalization

Q34. How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question.

Use separate segments for each valuation.

Use separate currency types within the same ledger for each valuation.

Use separate ledgers for each valuation.

Use separate CO versions for each valuation.

Q35. Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.

It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.

It is the core SAP S4/HANA license and users 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 Analysis Tools for reporting.

Q36. Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.

Result Analysis (RA) Version

Result Analysis (RA) key

Costing variant for preliminary costing

Variance variant

Q37. Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.

Inventory cost estimate of all the materials 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 area

Product cost collector cost estimate in one plant

Q38. You want to understand why cost are collected on sales order item level. What do you need to in the configuration? Note: There are 3 correct answers to this question.

Requirement type

Requirements class

Valuation variant

Costing type

Account assignment category

Q39. For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?

Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.

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 costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.

Q40. 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.

Sales order item

WBS element

General ledger account

Network

Asset

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