SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting (C_TS4CO_2023) Free Practice Test

Question 1

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.

A. Costing-based Profitability Analysis must be active.

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

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

D. Account-based Profitability Analysis must be active.

Correct Answer: C,D

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Question 2

Which of the following API types does SAP recommend to use to achieve clean core Integrations?
Note: There are 2 correct answers to this question.

A. RFC

B. IDoc

C. OData

D. SOAP

Correct Answer: C,D

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Question 3

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?

A. Periodic reposting

B. Assessment

C. Distribution

D. Top down distribution

Correct Answer: B

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Question 4

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; three controlling areas

B. Three operating concerns; three controlling areas

C. One operating concern; one controlling area

D. One operating concern; five controlling areas

Correct Answer: A

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Question 5

In the Product Cost by Order process, what does the system calculate depending on the order status?

A. WIP at target costs or variances

B. WIP at percentage of completion (PoC) method or variances

C. Both WIP and variances or only variances

D. WIP at actual costs or variances

Correct Answer: A

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Question 6

You are working in the machinery industry, and you consider implementing cost center budget management.
Which functions are available for cost center budget management?
Note: There are 2 correct answers to this question.

A. Budget transfer from source cost center to multiple target cost centers

B. Budget values import with CSV file

C. Availability control against monthly budget amount

D. Unused budget carry-forward to next fiscal year

Correct Answer: A,B

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Question 7

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?

A. Goods receipt for production material stock

B. Invoice for project-related travel expenses

C. Purchase order for purchasing a car with direct capitalization

D. Purchase requisition for purchasing office materials

Correct Answer: D

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Question 8

You want to use a template to consider overhead during product costing. How do you assign the template to your material?

A. Using an overhead group and an overhead key

B. Using an origin group and an overhead group

C. Using a cost component group and an overhead group

D. Using a costing key and an overhead key

Correct Answer: A

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Question 9

What are some of the characteristics of SAP Core Data Services (CDS) views?
Note: There are 3 correct answers to this question.

A. CDS views are considered system modifications.

B. CDS views have ready-to-use content.

C. CDS views have no latency.

D. CDS views support authorizations.

E. CDS views duplicate data for reporting efficiencies.

Correct Answer: B,C,D

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting (C_TS4CO_2023) Free Practice Test