C_TS4CO_2023 SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting Questions and Answers

Detailed Explanation: A single costing run can handle inventory cost estimates for materials in a single plant (option B) and standard cost estimates for all materials within a controlling area’s company codes (option D). This functionality optimizes cost estimations across production locations in SAP S/4HANA.

Detailed Explanation: Business process price calculation (option B) and cost center/activity type price calculation (option D) split costs into primary cost components. These processes allow more detailed cost tracking by itemizing primary costs, aiding transparency in SAP S/4HANA Management Accounting.

Detailed Explanation: In SAP S/4HANA Cloud, Private Edition, planning for internal orders allows users to enter both costs and revenues (option B) and set tolerance limits to control overspending (option D). This functionality is part of cost center and internal order management under SAP’s Management Accounting module, where cost planning and availability checks can help manage resource allocation for specific projects or internal activities.

Detailed Explanation: SAP S/4HANA provides real-time reporting at every level of detail (option B) byleveraging the Universal Journal, which consolidates various data types, supporting comprehensive and timely data analysis without additional ETL processes.

Detailed Explanation: Commitment management is activated at the order type level (option A) and in the controlling area (option B). This configuration is essential for tracking commitments, such as open purchase requisitions and orders, within internal orders in SAP S/4HANA Management Accounting.

Detailed Explanation: Planned prices in SAP are used for evaluating materials in cost estimates (option C) and for the valuation of goods movements (option D). This ensures accurate cost tracking and planning, especially critical in SAP S/4HANA Cloud Private Edition’s Management Accounting functionalities.

Detailed Explanation:The cost center category in SAP S/4HANA allows grouping of similar cost centers, enabling the assignment of consistent attributes and settings, thus streamlining configuration and reporting.

Detailed Explanation:SAP S/4HANA’s results analysis functionality calculates values like reserves for unrealized costs, work in progress, and cost of sales, providing a comprehensive view of ongoing projects and inventory status. This helps businesses manage financial outcomes and profitability better.

Detailed Explanation: Product Cost by Order is suitable for scenarios requiring full cost traceability (option B) and individual control of production lots (option C). This is especially useful in discrete manufacturing environments where specific lot costing is necessary.

Detailed Explanation:In SAP S/4HANA, the source structure determines which cost elements are utilized during internal order settlement. The source structure maps costs to specific categories for transfer to the assigned receiver.

Detailed Explanation: In Product Cost by Sales Order, the results analysis calculates values based on actual performance and the cost-based percentage of completion. Given the parameters, the system would calculate capitalized revenue at 300 for unbilled sales (option D), in alignment with SAP's Management Accounting and Revenue Recognition principles.

Detailed Explanation: For a product cost collector, "Order" (option B) must be an allowed receiver in the settlement profile. This is essential for proper cost accumulation and settlement to cost objects in SAP S/4HANA.

Detailed Explanation:The account assignment category in SAP S/4HANA manages accounting via sales orders and separate sales order stock, allowing for specific tracking and valuation of sales order-related costs and inventory.

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.

Detailed Explanation: When defining order types in SAP, revenue posting permissions (option C) and default parameters for master record fields (option D) can be set. These configurations enable greater flexibility in internal order management and reporting.

Detailed Explanation:SAP S/4HANA consolidates both primary and secondary costs within the universal journal in the general ledger, ensuring a streamlined and comprehensive approach to financial reporting. This unified approach enables transparent cost tracking and efficient integration between Financial Accounting (FI) and Management Accounting (CO).

Detailed Explanation: The budget availability control allows a purchase order if the amount falls within defined tolerance limits (option B), or if certain cost accounts are exempt (option D). These settings provide flexibility within budget controls for different fiscal years in SAP S/4HANA.

Detailed Explanation:In SAP S/4HANA, the valuation method for results analysis is defined at thecontrolling area level. This ensures that all relevant cost objects within the controlling area apply the same valuation logic.

Detailed Explanation: The ABAP Cloud Development Model (option C) is specifically designed for ABAP-native cloud development, supporting SAP S/4HANA Cloud environments. This model aligns with SAP's development strategies for cloud-native solutions, offering extensibility and integration capabilities.

Detailed Explanation: In SAP S/4HANA, cost center budget management includes the ability to import budget values via CSV (option A) and transfer budgets from one cost center to multiple others (option D). These features support streamlined budget adjustments and allocations, crucial for managing costs in the machinery industry.

Detailed Explanation:Statistical key figures can be entered for cost elements, cost centers, and internal orders in SAP S/4HANA, which serve as basis quantities in allocation cycles to distribute costs across various dimensions.