The SAP C_TS4CO_2023 exam represents a significant milestone for professionals seeking certification in SAP S/4HANA for Management Accounting. To ensure that you are fully equipped for this challenging exam, we recommend that you utilize the latest SAP S/4HANA Cloud Management Accounting C_TS4CO_2023 Exam Questions from PassQuestion. Our resource is meticulously designed to aid your preparation and enhance your understanding of the subject matter. By investing time in these comprehensive SAP S/4HANA Cloud Management Accounting C_TS4CO_2023 Exam Questions, you can pass your exam with ease on the very first attempt. They are designed to mimic the real exam scenario, ensuring that you are familiar with the type and style of questions you will encounter.

C_TS4CO_2023 Exam Description - SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting

The purpose of this certification is to provide confirmation that you have mastered the fundamental knowledge and demonstrated proficiency in the area of SAP S/4HANA Management Accounting. It serves as a testament to your ability to navigate the software and effectively utilize its features for management accounting purposes. This certificate is viewed as an entry-level qualification specifically designed for Management Accounting consultants who are using or plan to use SAP S/4HANA. This certification is particularly recommended for individuals who have had hands-on experience in SAP implementation projects. This applies especially to those who have worked with versions such as SAP S/4HANA Cloud Private Edition and SAP S/4HANA on-premise, as the certification focuses on these platforms. Therefore, this certification not only validates your skills and knowledge but also enhances your credibility in the industry.

Exam Details

Exam Code: C_TS4CO_2023
Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting
Exam: 80 questions
Cut Score: 59%
Duration: 180 mins
Languages: English

Topic Areas

Cost Center Accounting 11% - 20%
Product Cost Planning 11% - 20%
Profitability Analysis 11% - 20%
Cost Object Controlling 11% - 20%
Reporting <= 10%
Organizational Assignments and Process Integration <= 10%
Profit Center Accounting <= 10%
Internal Order Accounting <= 10%
Managing Clean Core <= 10%

View Online SAP S/4HANA Cloud Private Edition, Management Accounting C_TS4CO_2023 Free Questions

1. What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question.
A.Cost centers
B.Statistical key figures
C.Activity type
D.Cost element
Answer: A, C

2. You create alternative CO versions for your controlling area, in addition to version 0. What would you use additional CO versions for? Note: There are 2 correct answers to this question.
A.To store data of alternative plan costing runs
B.To store different plan data
C.To store data of parallel valuation
D.To store different budget data
Answer: B, C

3. How can you populate local variables in Profitability Analysis reports?
A.By populating from user parameters
B.By user exit
C.By Business Add-In
D.By user entry during report execution
Answer: D

4. For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?
A.Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.
B.Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
C.Parallel accounting is needed in order to be compliant with different accounting principles.
D.Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
Answer: A

5. Which statements best describes a single cost center standard hierarchy?
A.It is a structure to which all cost center groups create for a controlling area are assigned.
B.It is a structure to which all cost center groups created within an operating concern are assigned.
C.It is a structure to which all the cost centers within an operating concern are assigned.
D.It is a structure to which all the cost centers within a controlling area are assigned.
Answer: D

6. How does the system derive the requirement type from the material master data? Note: There are 2 correct answers to this question.
A.MRP group -> requirements class -> planning strategy -> requirements type
B.MRP group -> Strategy group -> planning strategy -> requirements type
C.Strategy group -> planning strategy -> requirements class -> requirements type
D.Strategy group -> planning strategy -> requirements type
Answer: B, D

7. Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question.
A.It is used when periodic costs outweigh daily postings.
B.It is used to analyze work in process (WIP) based on actual costs.
C.It is used when the focus of controlling is on a stable and continuous production process.
D.It is used in conjunction with a product cost collector.
Answer: C, D

8. You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this? Note: There are 2 correct answers to this question.
A.By marking the cost indicator in the control key assigned to the operation
B.By marking the Relevance to Costing indicator in the operation
C.By assigning a cost center to the work center in the operation
D.By defining a usage key in the header of the routing.
Answer: A, B

9. 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.Invoice for project related travel expenses
B.Goods receipt for production material stock
C.Purchase requisition for purchasing office materials
D.Purchase order for purchasing a car with direct capitalization
Answer: C

10. Which parameters are controlled by the costing type in a costing variant? Note: There are 2 correct answers to this question.
A.Save with date key
B.Price updates
C.Costing sheet
D.Price for materials
Answer: A, B