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C_TS4CO_2023 Labs, Exam C_TS4CO_2023 Passing Score

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SAP C_TS4CO_2023 Exam Syllabus Topics:

Topic
Details

Topic 1

Product Cost Planning: This topic discusses product cost planning, cost elements structure, cost component structure, planning requirements, costing variants and multi-level costings.

Topic 2

Cost Object Controlling: This topic addresses the concepts of determining and configuring cost object controlling. It also discusses cost object controlling, WIP, results analysis, variances and revenue recognition.

Topic 3

Managing Clean Core: The topic discusses process agility, adaptation efforts, and acceleration of innovation.

Topic 4

Reporting: It covers general reporting requirements for cost centers. Moreover, the topic discusses cost center reporting, drill-down reports, and painter reports.

Topic 5

Profit Center Accounting: It covers organizational charts, Profit Centers, data assignments, and period-end closing for PCA.

Topic 6

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.

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting Sample Questions (Q18-Q23):

NEW QUESTION # 18
You want to use a template to consider overhead during product costing. How do you assign the template to your material?

A. Using a costing key and an overhead key
B. Using a cost component group and an overhead group
C. Using an origin group and an overhead group
D. Using an overhead group and an overhead key

Answer: D

Explanation:
Detailed Explanation: An overhead group and an overhead key (option B) are assigned to include overhead costs in product costing. This assignment enables the application of pre-defined overhead rates in SAP S
/4HANA, facilitating accurate product cost calculations.

NEW QUESTION # 19
Which default values can you configure for the product cost collector?
Note: There are 2 correct answers to this question.

A. Results Analysis (RA) version
B. Results Analysis (RA) key
C. Variance variant
D. Costing variant for preliminary costing

Answer: B,D

Explanation:
Detailed Explanation:For product cost collectors, you can set default values for the Results Analysis (RA) key and the costing variant for preliminary costing in SAP S/4HANA, streamlining the setup for consistent cost collection across production orders.

NEW QUESTION # 20
At which level do you define the valuation method for results analysis?

A. Operating concern
B. Controlling area
C. Client
D. Valuation area

Answer: B

Explanation:
Detailed Explanation:In SAP S/4HANA, the valuation method for results analysis is defined at thecontrolling area level. This ensures that all relevant cost objects within the controlling area apply the same valuation logic.

NEW QUESTION # 21
You have implemented Product Cost by Sales Order in conjunction with revenue-based 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 costs = 1000
What data does the system calculate during results analysis?

A. Revenue = 1200; Cost of sales = 800; Reserve = 200
B. Revenue = 1200; Cost of sales = 1000; WIP = 200
C. Revenue = 1200; Cost of sales = 1000; Reserve = 200
D. Revenue = 1200; Cost of sales = 800; WIP = 200

Answer: D

Explanation:
Detailed Explanation:For Product Cost by Sales Order, SAP S/4HANA calculates revenue, cost of sales, and WIP based on actual data. Given the actual revenue and cost data, the system computes a WIP value to align with results analysis requirements.

NEW QUESTION # 22
You create a new profit center. Which company code(s) is it assigned to by default?

A. All company codes maintained in your authorization profile.
B. All company codes to which the profit center standard hierarchy is assigned to.
C. All company codes within the controlling area.
D. All company codes where profit center accounting is activated.

Answer: C

NEW QUESTION # 23
......

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