SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021)

QUESTION NO: 1
How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question.

A. Use separate ledgers for each valuation. B. Use separate currency types within the same ledger for each valuation. C. Use separate CO versions for each valuation. D. Use separate segments for each valuation.

Correct Answer: A,C

QUESTION NO: 2
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 presents revenues, primary expenses, changes in stock, WIP, and capitalized activities. B. It aims to summarize activity and situational change for a given organizational unit over a period of time. C. It presents the costs and revenues information in a format that is ideal for conducting margin analyses. D. It aims to match revenues for goods and services against sales-related expenses.

Correct Answer: C,D

QUESTION NO: 3
You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?

A. Assessment B. Direct activity allocation C. Distribution D. Periodic reposting

Correct Answer: A

QUESTION NO: 4
You have implemented Product Cost by Sales Oder in conjunction with cost-based POC 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 cost=1000
What data does the system calculate during results analysis?

A. "Revenue = 1500; Cost of sales = 1000; Revenue surplus =300" B. "Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200" C. "Revenue = 1200; Cost of sales = 1000; Revenue surplus =200" D. "Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300"

Correct Answer: D

QUESTION NO: 5
Which processes split costs into their primary cost components? Note: There are 2 correct answers to this question.

A. Settlement of internal orders B. Cost center/activity type price calculation C. Execution of the assessment cycles D. Business process price calculation

Correct Answer: B,D

QUESTION NO: 6
Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? Note:
There are 2 correct answers to this question.

A. It takes precedence over validation and substitution. B. It can be overwritten in the application. C. It can be defined for postings on general ledger accounts of primary costs type. D. It can be defined for postings on general ledger accounts of secondary costs type.

Correct Answer: A,C

QUESTION NO: 7
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 uses core data services (CDS ) views to create virtual data models (VDMs ) for reporting. C. It is hosted on the SAP Cloud Platform and integrate seamlessly on the SAP S4/HANA on the Fiori Launchpad. D. It is the core SAP S4/HANA license and users the same technical stack and user interface.

Correct Answer: B,D

QUESTION NO: 8
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 where profit center accounting is activated. C. All company codes within the controlling area. D. All company codes to which the profit center standard hierarchy is assigned to.

Correct Answer: C

QUESTION NO: 9
You have implemented Product Cost by Sales Oder 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 = 1000; Reserve = 200 B. Revenue = 1200; Cost of sales = 800; WIP = 200 C. Revenue = 1200; Cost of sales = 1000; WIP = 200 D. Revenue = 1200; Cost of sales = 800; Reserve = 200

Correct Answer: B

SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) - C_TS4CO_2021 Exam Questions