Pass C_TS4CO_2020 Exam with Updated C_TS4CO_2020 Exam Dumps PDF 2023
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SAP C-TS4CO-2020 exam is designed for professionals who want to validate their skills and knowledge in management accounting with SAP S/4HANA. C_TS4CO_2020 exam is intended to evaluate the candidate's understanding of fundamental concepts, features, and functions of the SAP S/4HANA management accounting solution. SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) certification is ideal for individuals who are seeking a career in management accounting or want to advance their knowledge of SAP S/4HANA for management accounting.
NEW QUESTION # 125
What are some of the objectives of Profitability Analysis? 2 answers
- A. Provide the company with information on the performance of its market segments
- B. Allow the company to determine standard costs and revenues according to the period accounting u method
- C. Allow the company to determine if the sales force achieved their contribution margin goals.
- D. Provide the company with a detailed view of its financial statements by responsibility units.
Answer: A,C
NEW QUESTION # 126
To which objects do you assign the elements of the cost component split to ensure the transfer of costing to costing-based CO-PA?
- A. Controlling areas
- B. G/L accounts
- C. Value field
- D. Segments
Answer: C
NEW QUESTION # 127
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 support authorization.
- B. CDS views have ready-to-use content.
- C. CDS views duplicate data for reporting efficiencies.
- D. CDS views have no latency.
- E. CDS views are considered system modifications.
Answer: A,B,D
NEW QUESTION # 128
When you create a profit center, what company code(s) is it assigned to by default ?
- A. All company codes within the controlling area
- B. All company codes within the operating concern
- C. All company codes where profit center is activated
- D. All company codes, irrespective of controlling area
Answer: A
NEW QUESTION # 129
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?
- A. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
- B. Parallel accounting is needed in order to be compliant with different accounting principles.
- C. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
- D. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
Answer: D
NEW QUESTION # 130
How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question.
- A. As lot-based surcharge
- B. As quantity-based surcharge
- C. As equivalence number
- D. As percentage rate
Answer: B,D
NEW QUESTION # 131
In the product Cost by Order component, what does the system calculate depending on the order status? 1 answer
- A. WIP at actual costs or variances
- B. WIP at planned costs or variances
- C. WIP at target costs or variances
- D. Both WIP and variances or only variances
Answer: A
NEW QUESTION # 132
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.
- A. Release the cost estimate.
- B. Mark the cost estimate.
- C. Archive the cost estimates.
- D. Split the costs.
Answer: A,B
NEW QUESTION # 133
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. WBS element
- C. Dummy profit center
- D. Network header
Answer: D
NEW QUESTION # 134
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. There is the option to assign the line item to several receiver objects
- B. The line item values are validated aqainst the original document
- 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: B,C
NEW QUESTION # 135
Which functionalities can create primary coost component splits? 2 answers
- A. Settlement of internal orders
- B. Cost center/activity type price calculation
- C. Business processes price calculation
- D. Execution of the assessment cycles
Answer: A,C
NEW QUESTION # 136
WXhat is the highest reporting level in management accounting?
- A. Operating concern
- B. Company code
- C. Profit center
- D. Controlling area
Answer: A
NEW QUESTION # 137
You want to create a new standard cost estimate based on the quantity structure of the existing standard cost estimate. Which object do you use ?
- A. Transfer control
- B. Costing type
- C. Costing version
- D. Reference variance
Answer: B
NEW QUESTION # 138
How does SAP S4/HANA determine if a characteristic value is valid in Profitability Analysis?
- A. By defining the characteristic value as a key figure
- B. By defining the characteristic value in the check table
- C. By defining the characteristic value as a value field
- D. By defining the characteristic value in the field catalog
Answer: B
NEW QUESTION # 139
You need to analyze different planning scenarios for cost centers. With which object do you differentiate the planning scenarios?
- A. CO version
- B. Company code
- C. Cost center group
- D. Operating concern
Answer: A
NEW QUESTION # 140
You are implementing SAP S4/HANA and you want to run analytical reports off a single data model.
Which statement best describes reporting in SAP S4/HANA?
- A. Reporting can be either broad and deep for analysis, or speedy and simple, but not both.
- B. Reporting on data in real time is difficult, and complex to design.
- C. Reporting analytical data is always done in business warehouse system.
- D. Reporting on data is available in real time at every level of detail.
Answer: D
NEW QUESTION # 141
At which level do you define the valuation method for result analysis?
- A. Company code
- B. Sales organization
- C. Operating concern
- D. Controlling area
Answer: D
NEW QUESTION # 142
You post a billing document in Sales and Distribution (SD). What data flows to profit center accounting?
3 answers
- A. Order quantity
- B. Accruals
- C. Sales deductions
- D. Revenues
- E. Payment discount
Answer: B,C,E
NEW QUESTION # 143
Which statement best describes a cost center standard hierarchy?
- A. It represents an organization unit in SAP S/4HANA where the costs and revenues are incurred and reported
- B. It enables you to assign the same attributes to similar cost centers within a controlling area
- C. It is a structure to which all the cost centers within a controlling area are assigned
- D. It is grouped together with alternative hierarchies to represent decision control and repsonsability units
Answer: C
NEW QUESTION # 144
Where can you adjust the automatic account assignment? There are TWO correct answers for this question
- A. Substitution (TA: GGB1)
- B. G/L account (TA: FS00)
- C. Cost center (TA:KS01)
- D. Default account assignment (TA: OKB9)
Answer: A,D
NEW QUESTION # 145
You create alternative CO versions for your controlling area, in addition to version 0. What would you use additional CO versions for? Note: There are 2 correct answers to this question.
- A. To store data of parallel valuation
- B. To store different budget data
- C. To store data of alternative plan costing runs
- D. To store different plan data
Answer: A,D
NEW QUESTION # 146
You want to create alternative plan versions for your controlling area, in addition to version 000. What would you use additional CO versions for? 2 answers
- A. To store different budget data
- B. To store actual-plan variance
- C. To store parallel valuation
- D. To store different plan data
Answer: B,D
NEW QUESTION # 147
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SAP C_TS4CO_2020 certification exam is a valuable credential for individuals who want to demonstrate their expertise in management accounting using SAP S/4HANA 2020. By passing C_TS4CO_2020 exam, candidates can enhance their career prospects and open up new opportunities in the field of management accounting.
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