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CTS4CO2021 Exam Certification Details:

Cut Score: 64%
Duration: 180 mins
Languages: German, English, French, Japanese, Chinese
Level: Associate
Exam: 80 questions

SAP CTS4CO2021 Certification Exam Topics:

Topic Areas Topic Details, Courses, Books
Organizational Assignments and Process Integration 8% - 12% Define scopes and processes in Management Accounting, cross-company code design, sub-contracting, production execution, sales pricing, inbound freight, stock transfers, inventory valuation and transfer pricing, work in process rules and high-level requirements for organization units. Configure budgeting and availability control settings and period end closing, define statistical key figures and assign the controlling area to company codes and operating concern. Check number ranges and first integration flows with other modules (CO), and configure versions.

Cost Center Accounting > 12% Define, create and configure cost centers, cost center hierarchies and cost center groups. Determine usage of Cost Center Accounting and type of planning functionality, cost center accounting activity types,  cost center characteristics and attributes, planning requirements, plan allocations requirements and actual allocations for cost centers. Configure period end closing for CCA.

Cost Object Controlling > 12% Determine and configure cost object controlling - planning and actuals, and customize and complete cost object controlling in a make to stock scenario and in a make to order scenario. Define WIP, results analysis, variances and revenue recognition (in cooperation with FI and SD) and configure period end closing for cost objects.

Reporting 8% - 12% Determine general reporting requirements for cost centers, configure cost center reporting, and create report painter reports and drill-down reports.

Profit Center Accounting < 8% Create organizational charts for profit centers, determine Profit Centers (in FI in the new GL), create Profit Centers and check master data assignments, and configure period-end closing for PCA.

Internal Order Accounting 8% - 12% Distinguish between order category and order type. Determine plan data, commitments and actual requirements for internal orders and determine period-end closing activities. Define, create and configure internal orders and create a concept for internal order accounting, and customize internal order accounting, determine settlement rules and configure period-end closing for IOA.

Profitability Analysis > 12% Define value fields, characteristics and summary characteristics, determine planning, actual and process flow and security requirements, design process flows and develop authorization concept for reporting of FI / CO data. Configure profitability analysis and determine the operating concern, and assignment to controlling area. Define currency and assign the chart of accounts, result analysis and revenue recognition (in cooperation with FI and SD), and configure period-end closing for PA.


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Latest CTS4CO2021 Braindumps Questions - CTS4CO2021 Reliable Test Notes

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SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) Sample Questions (Q59-Q64):

NEW QUESTION # 59
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 within the controlling area.
  • C. All company codes where profit center accounting is activated.
  • D. All company codes to which the profit center standard hierarchy is assigned to.

Answer: B
NEW QUESTION # 60
Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.

  • A. Result Analysis (RA) key
  • B. Result Analysis (RA) Version
  • C. Costing variant for preliminary costing
  • D. Variance variant

Answer: A,C
NEW QUESTION # 61
Which setting in the cost center master data do you use to assign the same attributes to similar cost center?

  • A. Cost center type
  • B. Cost center category
  • C. Standard hierarchy node
  • D. Object class

Answer: B
NEW QUESTION # 62
How do you define the relationship between an operating concern and a controlling area?

  • A. Many-to-one (N:1)
  • B. Many-to-many (N:M)
  • C. One-to-one (1:1)
  • D. One-to-many (1:N)

Answer: D
NEW QUESTION # 63
You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?

  • A. Accrual calculation
  • B. Indirect activity allocation
  • C. Budget availability control
  • D. Periodic reporting

Answer: A
NEW QUESTION # 64
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