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SAP C-TS4CO-2021 Exam Description:

PLEASE NOTE: This certification has been published for early adopters. Some recommended ‘ways to attain’ are not yet available. - - - - - - - - - - - - - - - -The 'SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021)' certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Management Accounting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within Management Accounting projects. This certificate is the ideal starting point for a professional career as a Management Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Management Accounting are added over years, a professional career can be validated by taking a second exam which focuses on the migration from SAP ERP to SAP S/4HANA: "SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts". The certificate issued for passing this exam will be valid for 5 years.

SAP C-TS4CO-2021 Exam Syllabus Topics:

Topic Details
Topic 1
  • Determine and configure product cost planning
  • Determine usage of Cost Center Accounting and type of planning functionality
Topic 2
  • Define value fields, characteristics and summary characteristics
  • Create organizational charts for profit centers
Topic 3
  • Configure cost center reporting, and create report painter reports
  • Define, create and configure cost centers, cost center hierarchies and cost center groups
Topic 4
  • Create Profit Centers and check master data assignments
  • Organizational Assignments and Process Integration
Topic 5
  • Determine plan data, commitments and actual requirements for internal orders
  • Define WIP, results analysis, variances and revenue recognition (in cooperation with FI and SD)
Topic 6
  • Determine general reporting requirements for cost centers
  • Define scopes and processes in Management Accounting
Topic 7
  • Determine cost elements structure, cost component structure, planning requirements, costing variants
  • Determine Profit Centers (in FI in the new GL)

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C-TS4CO-2021 Test Labs & New C-TS4CO-2021 Dumps Questions

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SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) Sample Questions (Q25-Q30):

NEW QUESTION # 25
Which statement best describes the Query Browser for reporting?

  • A. It is a design studio app that comes as standard SAP Fiori content.
  • B. It is available as an additional license product in SAP S/4HANA.
  • C. It is a desktop browser that integrates with SAP S/4HANA.
  • D. It is the frontend used to define reports in Analysis for Office.

Answer: C
NEW QUESTION # 26
You are considering using commitment management with internal orders. What do you need to do in the configuration?

  • 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.

Answer: A
NEW QUESTION # 27
In the Product Cost by Order process, what does the system calculate depending on the order status?

  • A. WIP at percentage of completion (PoC) method or variances
  • B. WIP at target costs or variances
  • C. WIP at actual costs or variances
  • D. Both WIP and variances

Answer: C
NEW QUESTION # 28
You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirements must be fulfilled? Note: There are 2 correct answers to this question.

  • A. The type of the addressed ledger must be an extension ledger.
  • B. Costing-based Profitability Analysis must be active.
  • C. Account-based Profitability Analysis must be active.
  • D. The type of the general ledger account must be primary cost/revenue or secondary cost.

Answer: C,D
NEW QUESTION # 29
You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA?

  • A. Reporting on data in real time is difficult, and complex to design.
  • B. Reporting can be either broad and deep for analysis, or speedy and simple, but not both.
  • C. Reporting analytical data is always done in a business warehouse system.
  • D. Reporting on data is available in real-time at every level of detail.

Answer: D
NEW QUESTION # 30
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