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C_TS4CO_2021 SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) Question and Answers

Question # 4

What can you do with statistical internal orders?

A.

Apply overhead rates to the internal order.

B.

Settle costs to a cost center.

C.

Simultaneously post to a cost center.

D.

Transfer posting to another internal order.

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Question # 5

How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question.

A.

As equivalence number

B.

As quantity-based surcharge

C.

As lot-based surcharge

D.

As percentage rate

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Question # 6

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.

A.

To define the user status

B.

To define users for the order

C.

To permit or forbid specific transactions

D.

To activate the CO partner update

E.

To set the initial status as Created or Released

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Question # 7

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.

Reserves for unrealized costs

C.

Cost of goods manufactured

D.

Gross margin

E.

Work in progress

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Question # 8

You want to maintain a cost component structure. What can you determine for each cost component? Note: There are 3 correct answers to this question.

A.

Relevance of cost component to inventory valuation

B.

Assignment of cost component to calculation base for overheads in costing sheet

C.

Relevance of cost component to results analysis

D.

Relevance of cost component to goods manufactured

E.

Assignment of cost component of cost component group

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Question # 9

What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question.

A.

You can plan multiple versions.

B.

You can enter costs and revenues.

C.

You can define tolerance limits for plan overspend.

D.

Availability control can check against plan values.

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Question # 10

At which level do you define the valuation method for results analysis?

A.

Controlling area

B.

Company code

C.

Plant

D.

Operating concern

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Question # 11

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.

A.

Requirement type

B.

Requirements class

C.

Valuation variant

D.

Costing type

E.

Account assignment category

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Question # 12

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 valuate goods movement

B.

To valuate the materials in cost estimates

C.

To valuate material stocks

D.

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

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