[Oct-2022] The Best SAP Certified Application Associate Study Guide for the C-TS4CO-2020 Exam
C-TS4CO-2020 certification guide Q&A from Training Expert ActualCollection
SAP C-TS4CO-2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Cost Center Accounting > 12% | Define, create and configure cost centers, cost center hierarchies and cost center groups. Determine usage of Cost Center Accounting and type of planning functionality, cost center accounting activity types, cost center characteristics and attributes, planning requirements, plan allocations requirements and actual allocations for cost centers. Configure period end closing for CCA. |
| Internal Orders 8% - 12% | Distinguish between order category and order type. Determine plan data, commitments and actual requirements for internal orders and determine period-end closing activities. Define, create and configure internal orders and create a concept for internal order accounting, and customize internal order accounting, determine settlement rules and configure period-end closing for IOA. |
| Profitability Analysis > 12% | Define value fields, characteristics and summary characteristics, determine planning, actual and process flow and security requirements, design process flows and develop authorization concept for reporting of FI / CO data. Configure profitability analysis and determine the operating concern, and assignment to controlling area. Define currency and assign the chart of accounts, result analysis and revenue recognition (in cooperation with FI and SD), and configure period-end closing for PA. |
| Cost Object Controlling > 12% | Determine and configure cost object controlling - planning and actuals, and customize and complete cost object controlling in a make to stock scenario and in a make to order scenario. Define WIP, results analysis, variances and revenue recognition (in cooperation with FI and SD) and configure period end closing for cost objects. |
| Product Cost Planning > 12% | Determine and configure product cost planning, define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis) and costing versions for alternative costings, determine cost elements structure, cost component structure, planning requirements, costing variants and multi-level costings, and carry out a Price update in the material master record. |
NEW QUESTION 29
You want to create cost centers for your company. What is the prerequisite to build an organizational structure for overhead cost controlling?
- A. Standard hierarchy top node
- B. Profit center
- C. Cost center categories
- D. Person responsible
Answer: A
NEW QUESTION 30
What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item? 2 answers
- A. The sales order item is a cost object
- B. The sales order item is assigned to project
- C. The material in the sales order item is a service
- D. Profitability Analysis (CO-PA) is activated
Answer: B,D
NEW QUESTION 31
You want to run an assessment cycle in Profitability Analysis to allocate cost center costs during period-end closing for your organization. Which of the following objects is part of the assessment cycle?
- A. Sender cost objects
- B. Cycle iteration
- C. Tracing factor
- D. Template
Answer: C
NEW QUESTION 32
Which statement best describes the query browser for reporting?
- A. It is a strategic analytical tool in SAP S/4HANA
- B. It is availability as an additional license product in SAP S/4HANA
- C. It is a design studio app that comes as standard SAP Fiori content
- D. It is a desktop browser that interates with SAP S/4HANA
Answer: A
NEW QUESTION 33
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 internal order master record.
- B. Set the relevant indicator in the controlling area.
- C. Set the relevant indicator in the planning profile of the order type.
- D. Set the relevant indicators in the CO version.
Answer: A,D
NEW QUESTION 34
During posting, from which object does the system first derive the profit center if the profit center is NOT directly assigned to a network activity?
- A. Project definition
- B. Network header
- C. Dummy profit center
- D. WBS element
Answer: B
NEW QUESTION 35
What is the difference when you perform repost line items (TA: KB61) compared to manua reposting of costs (KB11n) for a cost center? There are TWO correct answers for this question
- A. The line item values are validated aqainst the original document
- B. There is the option to assign the line item to several receiver objects
- C. The line item needs a reference to an Fl document
- D. The report of the line item is updated in the original F1 document
Answer: A,C
NEW QUESTION 36
You want to use template to consider overhead during product costing. How do you assign the template to your material?
- A. Using a profit center and an overhead key
- B. Using an overhead group and an overhead key
- C. Using an origin group and an overhead group
- D. Using a special procurement type and an overhead group
Answer: B
NEW QUESTION 37
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. Budget availability control
- B. Accrual calculation
- C. Periodic reporting
- D. Indirect activity allocation
Answer: B
NEW QUESTION 38
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. Requirements class
- B. Valuation variant
- C. Costing type
- D. Requirement type
- E. Account assignment category
Answer: A,D,E
NEW QUESTION 39
What are some of the characteristics of Profit Center Accounting in SAp S/4HANA? 2 answers
- A. It is possible to derive the profit center from the segment in configuration
- B. It can be used in the settlement rule for internal orders
- C. It can be used with period and/or cost of sales accounting
- D. It is integrated in the universal journal
Answer: C,D
NEW QUESTION 40
Which objects can you plan in cost center accounting? There are THREE correct answers for this question
- A. Activity prices
- B. Balance sheet accounts
- C. Secondary cost accounts
- D. Non-operating expense accounts
- E. Statistical key figures
Answer: C,D,E
NEW QUESTION 41
What can you specify when you create an activity type? There are THREE correct answers for this question
- A. The primary costs G/L account for internal activity allocation
- B. The valid sending cost center types
- C. The secondary costs G/L account for internal activity allocation
- D. The valid receiving cost center types
- E. The activity type category for allocation
Answer: B,C,E
NEW QUESTION 42
Which statement best describes the Query Browser for reporting?
- A. It is a design studio app that comes as standard SAP Fiori content.
- B. It is the frontend used to define reports in Analysis for Office.
- C. It is available as an additional license product in SAP S/4HANA.
- D. It is a desktop browser that integrates with SAP S/4HANA.
Answer: D
NEW QUESTION 43
Which of the following statements best describe Product Cost by Period? 2 Answers
- A. It is used when the focus of controlling is on a stable continuous production process
- B. It is used joint production with process orders
- C. It is used to analyse work in a process based on actual costs
- D. It is used in conjunction with a product cost collector
Answer: A,D
NEW QUESTION 44
What do you use to map the primary cost component split to the production cost component structure?
- A. Assignment scheme
- B. Allocation structure
- C. Transfer structure
- D. Cost Component groups
Answer: D
NEW QUESTION 45
What action do you perform to use the Cost-Based Percentage of Completion (POC) method?
- A. Costing of an order
- B. Setting to profitability analysis
- C. Billing of a sales order during production
- D. Running the results analysis
Answer: D
NEW QUESTION 46
Which functionalities can create primary coost component splits? 2 answers
- A. Settlement of internal orders
- B. Business processes price calculation
- C. Execution of the assessment cycles
- D. Cost center/activity type price calculation
Answer: A,B
NEW QUESTION 47
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SAP S/4HANA Management Accounting Certification Exam Details:
| Schedule Exam | SAP Training |
| Reference Books | TS4F03 (SAP S/4HANA 2020) TS4F04 (SAP S/4HANA 2020) TS4F03 (SAP S/4HANA 1909) TS4F04 (SAP S/4HANA 1909) |
| Exam Price | $550 (USD) |
| Exam Code | C_TS4CO_2020 |
| Sample Questions | SAP S/4HANA Management Accounting Certification Sample Questions |
| Exam Name | SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 1909) |
| Level | Associate |
| Duration | 180 mins |
The Best SAP C-TS4CO-2020 Study Guides and Dumps of 2022: https://www.actualcollection.com/C-TS4CO-2020-exam-questions.html