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Free SAP C_TS4CO_2021 Practice Exam with Questions & Answers

Questions 1

What can you do with statistical internal orders?

Options:
A.

Apply overhead rates to the internal order.

B.

Settle costs to a cost center.

C.

Simultaneously post to a cost center.

D.

Transfer posting to another internal order.

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Questions 2

What are the some of the characteristics of Profit Center Accounting in SAP S4/HANA? Note: There are 2 correct answers to this question.

Options:
A.

It can be used in the settlement rule for internal order.

B.

It is integrated in the universal journal.

C.

It can be used with period and/or cost of sale accounting.

D.

It is possible to derive the profit center from the segment in configuration.

Questions 3

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

Options:
A.

Both WIP and variances

B.

WIP at actual costs or variances

C.

WIP at target costs or variances

D.

WIP at percentage of completion (PoC) method or variances

Questions 4

You want to maintain a cost component structure. What can you determine for each cost component? Note: There are 3 correct answers to this question.

Options:
A.

Relevance of cost component to inventory valuation

B.

Assignment of cost component to calculation base for overheads in costing sheet

C.

Relevance of cost component to results analysis

D.

Relevance of cost component to goods manufactured

E.

Assignment of cost component of cost component group

Questions 5

What can you configure in the settlement profile? Note: There are 2 correct answers to this question.

Options:
A.

Define document management parameters.

B.

Determine an overhead key.

C.

Determine whether settlement is required.

D.

Define a number range for settlement document.

Questions 6

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

Options:
A.

Using an overhead group and an overhead key

B.

Using a profit center and an overhead key

C.

Using an origin group and an overhead group

D.

Using a special procurement type and an overhead group

Questions 7

Which statements are relevant to the cost of sales accounting method in profitability management? Note: There are 2 correct answers to this question.

Options:
A.

It presents the costs and revenues information in a format that is ideal for conducting margin analyses.

B.

It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities.

C.

It aims to summarize activity and situational change for a given organizational unit over a period of time.

D.

It aims to match revenues for goods and services against sales-related expenses.

Questions 8

In SAP S/4HANA, you have decided to activate only account-based profitability analysis for your organization. You want to settle costs and revenue of a sales order item to a profitability segment. What do you need to configure?

Options:
A.

Source structure

B.

Allocation structure

C.

Cost component structure

D.

PA transfer structure

Questions 9

You are considering using commitment management with internal orders. What do you need to do in the configuration?

Options:
A.

Activate commitment management in both the controlling area and the order type.

B.

Activate commitment management in the controlling area, the order type, and in individual internal order master data.

C.

Activate commitment management in both the version and the order type.

D.

Activate commitment management only in the controlling area.

Questions 10

Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.

Options:
A.

Inventory cost estimate of all the materials in one plant

B.

Standard cost estimate of all the materials in all plants of a controlling area

C.

Current cost estimate of all the materials in all controlling area

D.

Product cost collector cost estimate in one plant

Exam Code: C_TS4CO_2021
Certification Provider: SAP
Exam Name: SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021)
Last Update: Jul 13, 2025
Questions: 80
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