C_TS412_2021 SAP Certified Application Associate - SAP S/4HANA Project Systems Free Practice Exam Questions (2025 Updated)

A hierarchical report on budget updates is a standard report that you can use to get an overview of the budget changes for your projects. This report displays the original budget, current budget, budget updates, and budget transfers for each WBS element in a hierarchical structure. You can also drill down to see the details of each budget update document. You can access this report by choosing Information System Reports Financials Costs Budget Hierarchical Report on Budget Updates . Reference:https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/79ceb65334e6b54ce10000000a174cb4.html? &version=1909.002

To enable automatic assignment of material components to the project, you have to maintain the material master and the BOM item. The material master contains the data required for planning and procurement of materials. The BOM item contains the data required for assigning materials to a network activity or a WBS element. Reference:https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html

Project simulations are some of the advantages of using project simulations in SAP Project System. Project simulations are copies of projects that allow you to plan and simulate different scenarios without affecting operational projects. Project simulations can be created without using an operational project as a template, which means you can start from scratch or use a standard structure. Project simulations can be used to plan structures and costs, which means you can create and change WBS elements, networks, activities, and cost elements. Multiple project simulations can be used simultaneously, which means you can compare different alternatives and choose the best one. Reference:https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html

To avoid unnecessary stock cost, you can assign a sales order to a project with appropriate hierarchy levels. This means that you can create a project structure that matches the multilevel production environment with bill of material and routing. You can assign a sales order item to a WBS element that represents the finished product and assign production orders to WBS elements that represent the semi-finished products. This way, you can use project stock to manage the materials required for the project and avoid creating inventory for intermediate products. Reference:https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/79ceb65334e6b54ce10000000a174cb4.html? &version=1909.002

Period-end closing is a process that involves various activities to finalize the project costs and revenues at the end of a period. Some of the functions that are available for period-end closing in the Project System are:

Result analysis: This function allows you to calculate the work in process (WIP), reserves, and results for a project based on various methods and valuation rules. Result analysis also updates the financial accounting (FI) and controlling (CO) documents with the calculated values.

Progress analysis: This function allows you to measure and monitor the progress of a project based on various criteria, such as costs, revenues, dates, or quantities. Progress analysis also enables you to compare the planned and actual progress of a project and identify any deviations or delays.

Settlement: This function allows you to transfer the costs and revenues of a project to one or more receivers, such as cost centers, fixed assets, profitability segments, or sales orders. Settlement also clears the balances of the project objects and updates the corresponding accounting documents. Reference:https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/79ceb65334e6b54ce10000000a174cb4.html? &version=1909.002

Requirements grouping of materials is a process that allows you to plan and procure materials jointly for several WBS elements within a project or across projects. To use requirements grouping of materials, the materials must allow sales order or project stock, which means they must have a special procurement type of E or Q in the material master. An MRP group must also be assigned to the materials, which defines the parameters for material requirements planning, such as lot size and planning strategy. Reference:https://help.sap.com/doc/78f5c353b677b44ce10000000a174cb4/700_SFIN20%20006/en-US/0814c353b677b44ce10000000a174cb4.html

The reason why the cost element report for planned revenues does not show any revenues at all is that the manual hierarchical revenue planning has no reference to cost elements. Manual hierarchical revenue planning is a type of revenue planning that allows you to plan revenues for WBS elements manually without using sales documents. Manual hierarchical revenue planning does not use cost elements as a basis for planning, but uses revenue elements instead. Revenue elements are a set of data that define the characteristics and properties of a revenue type. Cost element reports can only display data that is based on cost elements, not revenue elements. Reference:https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html

One business process that is allowed for a WBS element with system status created (CRTD) is creation of purchase orders. The system status is a parameter that indicates which business transactions are allowed or not allowed for a project object, such as a WBS element or a network. The system status created (CRTD) means that a WBS element has been created but not yet released. A WBS element with system status created (CRTD) can be used for planning purposes only and cannot be used for execution purposes. However, one exception is that you can create purchase orders for external services or materials with reference to a WBS element with system status created (CRTD). This allows you to start procurement processes early in the project lifecycle. Reference:https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html

To schedule a project that must be finished at a given due date, you should use backward scheduling. Backward scheduling is a type of scheduling that calculates the dates of project objects, such as WBS elements and networks, based on their dependencies and constraints, starting from a fixed end date and working backwards. Backward scheduling ensures that the project is completed by the due date and that any delays are identified as early as possible. Reference:https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html

The receiver of the workflow item for confirmation variances in SAP Project System is the person responsible for the network activity. A workflow item is a function that allows you to automate and monitor business processes in SAP systems. A workflow item can be triggered by various events, such as status changes, deadline monitoring, or variance analysis. A confirmation variance is a difference between the planned and actual data of an activity or an activity element, such as dates, durations, work, costs, and so on. A confirmation variance can indicate a deviation from the project plan or a potential risk for the project completion. The receiver of the workflow item for confirmation variances in SAP Project System is the person responsible for the network activity. The person responsible is a partner function that identifies who is in charge of an activity or an activity element. The person responsible receives a workflow item when a confirmation variance exceeds a predefined threshold that is defined in Customizing for Project System under Confirmation Define Confirmation Parameters . The person responsible can then review and analyze the confirmation variance and take appropriate actions to resolve it. Reference:https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/f373bb53707db44ce10000000a174cb4.html

To carry out the internal project work as soon as possible, you have to maintain the control key of an activity in capacity requirements planning. Capacity requirements planning is a process that determines the capacity requirements and availability for work centers or resources that are used to execute project activities. The control key is a parameter that defines the basic properties of an activity, such as whether it is internally or externally processed, whether it requires confirmation or not, and whether it is relevant for scheduling or not. The control key also determines whether an activity is relevant for capacity requirements planning or not. To carry out the internal project work as soon as possible, you have to use a control key that activates capacity requirements planning for the internal activities. Reference:https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html