[Mar 30, 2025] VCE4Plus C_TS4CO_2023 Exam Practice Test Questions (Updated 82 Questions)
Pass SAP C_TS4CO_2023 Exam Info and Free Practice Test
NEW QUESTION # 27
Which of the following statements apply to SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question.
- A. It is used by dedicated BI users who need to go beyond the capabilities of Strategic Analysis Tools for reporting.
- B. It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad.
- C. It is the core SAP S4/HANA license and users the same technical stack and user interface.
- D. It uses core data services (CDS ) views to create virtual data models (VDMs ) for reporting.
Answer: C,D
NEW QUESTION # 28
How can you configure the transfer price solution in SAP S/4HANA?
Note: There are 2 correct answers to this question.
- A. Use separate currency types within the same ledger for each valuation.
- B. Use separate segments for each valuation.
- C. Use separate ledgers for each valuation.
- D. Use separate material ledgers for each valuation.
Answer: A,C
Explanation:
Detailed Explanation:SAP S/4HANA supports transfer pricing configurations using separate ledgers or distinct currency types within the same ledger. This setup allows for multiple valuations within legal, group, and profit center reporting standards.
NEW QUESTION # 29
You are setting up costing-based Profitability Analysis for your organization. How do you configure the deferent market segments?
- A. As value fields
- B. As divisions
- C. As key Figures
- D. As characteristics
Answer: D
NEW QUESTION # 30
You are working in the machinery industry and you consider implementing cost center budget management.
Which functions are available for cost center budget management? Note: There are 2 correct answers to this question.
- A. Budget values import with CSV file
- B. Availability control against monthly budget amount
- C. Budget transfer from source cost center to multiple target cost centers
- D. Unused budget carry-forward to next fiscal year
Answer: A,C
NEW QUESTION # 31
You are creating new activity type and want to maintain plan prices for a cost center. Which attribute must you configure in the activity type master record? Note: There are 3 correct answers to this question.
- A. Price indicator
- B. Valid cost center categories
- C. CO version
- D. Activity type category
- E. Company code
Answer: A,B,D
NEW QUESTION # 32
What parameters can you set up when defining order types?
- A. Define document type.
- B. Define default parameters for master record fields.
- C. Allow revenue postings.
- D. Define source structure.
Answer: B,C
NEW QUESTION # 33
You create a new profit center. Which company code(s) is it assigned to by default?
- A. All company codes to which the profit center standard hierarchy is assigned to.
- B. All company codes maintained in your authorization profile.
- C. All company codes where profit center accounting is activated.
- D. All company codes within the controlling area.
Answer: D
NEW QUESTION # 34
You want to set up integrated planning for your internal orders.
Note: There are 2 correct answers to this question.
- A. Set the relevant indicator in the controlling area.
- B. Set the relevant indicator in the internal order master record.
- C. Set the relevant indicator in the CO version.
- D. Set the relevant indicator in the planning profile of the order type.
Answer: B,C
Explanation:
Detailed Explanation:To activate integrated planning for internal orders in SAP S/4HANA, you need to set indicators in both the CO version and the internal order master record. This setup allows for the integration of budget and actuals for better planning and tracking within Management Accounting.
NEW QUESTION # 35
You want to run an assessment cycle in Margin Analysis to allocate costs during period-end closing for your organization. Which of the following objects can be part of the assessment cycle?
- A. A transfer structure
- B. Source structure
- C. Tracing factor
- D. Profit center
Answer: C
Explanation:
Detailed Explanation: Tracing factors (option A) are used in assessment cycles to allocate costs to appropriate cost objects based on specific metrics. This is essential in SAP S/4HANA Margin Analysis, where costs need to be allocated accurately during period-end closing.
NEW QUESTION # 36
You configure the commitment management solution for cost centers and projects in your SAP S/4HANA system.
Which documents can create commitments against the budget?
- A. Purchase requisition for purchasing office materials
- B. Purchase order for purchasing a car with direct capitalization
- C. Invoice for project-related travel expenses
- D. Goods receipt for production material stock
Answer: A
Explanation:
Detailed Explanation:Purchase requisitions create commitments against budgeted amounts in SAP S
/4HANA. This step allows tracking anticipated expenses, ensuring budgets are not exceeded when actual costs are incurred.
NEW QUESTION # 37
Why would you use manual cost allocation in Controlling?
Note: There are 2 correct answers to this question.
- A. To correct secondary postings
- B. To run simple allocations of plan data
- C. To run simple allocations of actual data
- D. To allocate costs using an allocation cycle
Answer: A,C
Explanation:
Detailed Explanation: Manual cost allocation allows for simple allocations of actual data (option B) and correction of secondary postings (option C). This functionality is helpful in making quick adjustments without running complex allocation cycles in SAP S/4HANA Management Accounting.
NEW QUESTION # 38
Which of the following values can be calculated using result analysis? Note: There are 3 correct answers to this question.
- A. Cost of sales
- B. Cost of goods manufactured
- C. Reserves for unrealized costs
- D. Work in progress
- E. Gross margin
Answer: A,C,D
NEW QUESTION # 39
Which type(s) of Profitability Analysis update(s) the cost of goods sold at the time of delivery only?
- A. Margin analysis
- B. Both margin analysis and costing-based
- C. Combined profitability analysis
- D. Costing-based
Answer: A
Explanation:
Detailed Explanation:Margin analysis in SAP S/4HANA updates the cost of goods sold (COGS) atdelivery, aligning profitability reporting more closely with revenue recognition. This enables timely and accurate COGS updates tied to actual deliveries.
NEW QUESTION # 40
How would you explain automatic account assignment in SAP S/4HANA?
Note: There are 2 correct answers to this question.
- A. It can be defined for postings on general ledger accounts of secondary costs type.
- B. Proposed values take precedence over validation and substitution.
- C. Proposed values can be overwritten in the application.
- D. It can be defined for postings on general ledger accounts of primary costs type.
Answer: C,D
Explanation:
Detailed Explanation:Automatic account assignment in SAP S/4HANA allows defining default account assignments for primary cost postings, and these proposed values can be adjusted as needed, allowing flexible management of financial postings.
NEW QUESTION # 41
Which parameters are controlled by the costing type in a costing variant?
Note: There are 2 correct answers to this question.
- A. Price updates
- B. Save with date key
- C. Price for materials
- D. Costing sheet
Answer: A,B
Explanation:
Detailed Explanation:In SAP S/4HANA, the costing type in a costing variant specifies parameters like date key for saving costs and price updates, allowing businesses to manage cost calculations over different periods and adjust for price changes.
NEW QUESTION # 42
How do you maintain number range intervals in Controlling?
- A. By account type
- B. By business transactions
- C. By document type
- D. By cost element category
Answer: B
NEW QUESTION # 43
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. Costing type
- B. Reference variant
- C. Costing version
- D. Transfer control
Answer: B
Explanation:
Detailed Explanation: A reference variant (option A) allows you to create a new standard cost estimate using the quantity structure of an existing one. This enables consistency and efficiency in standard costing within SAP S/4HANA.
NEW QUESTION # 44
What are some SAP recommended guiding principles to achieve clean core operations?
Note: There are 3 correct answers to this question.
- A. Integrate clean core practices in the end-to-end value process chain
- B. Establish release management
- C. Define roles and responsibilities as part of a process transformation office
- D. Establish an organizational structure, technical foundation, and transformation methodology for clean core
- E. Establish regular housekeeping tasks and procedures
Answer: A,B,C
Explanation:
Detailed Explanation:SAP's clean core guiding principles involve reducing custom code modifications and using release management to maintain a manageable and upgradeable SAP environment. Integrating clean core practices throughout the process chain and defining roles for transformation are key to sustaining streamlined operations within SAP S/4HANA.
NEW QUESTION # 45
Which statements are relevant to the cost of sales accounting method in profitability management? Note: There are 2 correct answers to this question.
- A. It aims to match revenues for goods and services against sales-related expenses.
- B. It presents the costs and revenues information in a format that is ideal for conducting margin analyses.
- C. It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities.
- D. It aims to summarize activity and situational change for a given organizational unit over a period of time.
Answer: A,B
NEW QUESTION # 46
What are some of the unique attributes of an assessment cycle in Controlling?
Note: There are 3 correct answers to this question.
- A. They can be defined with an allocation structure.
- B. They use a secondary cost element during transfer.
- C. They transfer primary and secondary costs.
- D. They can be processed in an iterative way.
- E. They use the original cost element during transfer.
Answer: A,B,C
Explanation:
Detailed Explanation:Assessment cycles in SAP S/4HANA Controlling use secondary cost elements for cost transfers, support primary and secondary cost transfers, and can be structured using allocation structures. This allows flexible and accurate distribution of costs across controlling objects.
NEW QUESTION # 47
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 = 800; WIP = 200
- C. Revenue = 1200; Cost of sales = 1000; Reserve = 200
- D. Revenue = 1200; Cost of sales = 1000; WIP = 200
Answer: B
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 # 48
How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question.
- A. As quantity-based surcharge
- B. As percentage rate
- C. As lot-based surcharge
- D. As equivalence number
Answer: A,B
NEW QUESTION # 49
At what level do you create the structure of the operating concern?
- A. Client level
- B. Controlling area level
- C. Sales organization level
- D. Company code level
Answer: A
NEW QUESTION # 50
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. Costing type
- B. Reference variant
- C. Costing version
- D. Transfer control
Answer: D
NEW QUESTION # 51
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