Free SAP C_TS410_2022 Practice Exam with Questions & Answers | Set: 2

During the goods receipt process, the general ledger accounts that receive postings include:

• Consumption account (C): When goods are received for consumption (e.g., for a cost center, project, or order), the consumption account is debited to reflect the increase in expenses related to the consumed materials.
• GR/IR account (D): The Goods Receipt/Invoice Receipt (GR/IR) account is a temporary account used in the procurement process. It is credited during the goods receipt to record the obligation to pay the supplier, balancing the entry in the consumption account or asset account.
• The Vendor reconciliation account (A)is affected when the invoice is posted, not at the goods receipt stage.
• The Tax Account (B)may be affected if the goods receipt involves taxable goods, but it is not one of the primary accounts affected by the goods receipt process itself.

Selection modes for running MRP in SAP include MRP Live (A), Classical MRP (C), and Regenerative MRP (D). These modes offer different approaches to material requirements planning, from real-time processing in MRP Live to comprehensive re-planning in Regenerative MRP.References= SAP Material Management (MM) and Production Planning (PP) documentation.

Posting a vendor's invoice in SAP S/4HANA results in several important updates and document generations, one of which is the update of the purchase order history (C). This update provides a comprehensive record of all transactions associated with a specific purchase order, including the receipt of goods and invoice verification, ensuring transparency and traceability in procurement processes.

• The material ledger document (A)is not directly generated by posting a vendor's invoice but rather by material movements and valuation changes in inventory.
• Clearing the vendor's account of open items (B)occurs when payments are made against the invoices, not when the invoice itself is posted.
• Vendor payment (D)is a subsequent step after the invoice posting and is part of the accounts payable process, where the actual payment transaction to settle the vendor's invoice takes place.

• Product Cost Planning in SAP:Product cost planning involves calculating the costs associated with manufacturing a product, which requires a detailed understanding of the quantity structure of the product.
• Key Master Data Elements:
• Usage in Cost Calculation:Both routing and BOM are used in product cost planning to determine the quantity structure, which is the basis for calculating the cost of materials, labor, and overheads associated with producing a product.

References:

• SAP Product Costing Guide
• SAP Help Portal on Cost Planning

Converting a planned order can result in the creation of a Purchase Requisition (B) for externally procured materials or a Production Order (D) for in-house manufactured items. This step is crucial in the procurement and production planning process, initiating the procurement or manufacturing of required materials.References= SAP Material Management (MM) and Production Planning (PP) documentation.

In the material master, the Procurement Type (A) setting determines whether a material will be procured externally, produced in-house, or both. This setting is crucial for Material Requirements Planning (MRP), as it guides the MRP system on how to replenish thematerial - by generating purchase requisitions for external procurement or planned orders for in-house production.References= SAP Material Management (MM) and Production Planning (PP) documentation.

• Order-to-Cash Process:This process involves several steps from order receipt to cash collection, with certain steps resulting in financial transactions that impact the general ledger.
• Steps with G/L Postings:
• Implementation in SAP S/4HANA:In the SAP Sales and Distribution (SD) and Financial Accounting (FI) modules, goods issue and invoice saving are key steps that trigger automatic postings to the G/L, reflecting the financial transactions associated with the order-to-cash process.

References:

• SAP Financial Accounting Configuration Guide
• SAP Sales and Distribution (SD) Guide

In the SAP S/4HANA enterprise structure, the permitted hierarchical structure for Management Accounting involves assigning a Controlling Area to an Operating Concern (B). This structure allows for the integration of detailed cost accounting data (from the Controlling Area) with the broad, market-oriented data captured in the Operating Concern, which is used for profitability analysis (CO-PA).

• Assigning a controlling area to a plant (A)is not accurate because plants are assigned to company codes, and controlling areas can encompass multiple company codes.
• An operating concern being assigned to a company code (C)is not correct because the operating concern is a higher-level organizational unit that can encompass multiple company codes for profitability analysis.
• An operating concern being assigned to a controlling area (D)is also incorrect because the relationship flows the other way: controlling areas are assigned to operating concerns.

• Machine Learning Predictions:
• Conversational AI:
• Integration with SAP S/4HANA:

References:

• SAP AI Business Services Documentation
• SAP Conversational AI Platform Overview

• Manager Self-Service (MSS):MSS in SAP provides managers with direct access to relevant information and transactions to manage their team and departmental responsibilities effectively.
• Key Activities in MSS:
• Implementation and Usage:MSS is configured within the SAP Human Capital Management (HCM) module, providing managers with tools and reports to oversee their department's financial performance and resource allocation.

References:

• SAP ERP Human Capital Management (HCM) Guide
• SAP Manager Self-Service Configuration and User Guide