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C_TS4CO_2021 SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) Free Practice Exam Questions (2025 Updated)

Prepare effectively for your SAP C_TS4CO_2021 SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2025, ensuring you have the most current resources to build confidence and succeed on your first attempt.

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Total 80 questions

What are the some of the characteristics of Profit Center Accounting in SAP S4/HANA? Note: There are 2 correct answers to this question.

A.

It can be used in the settlement rule for internal order.

B.

It is integrated in the universal journal.

C.

It can be used with period and/or cost of sale accounting.

D.

It is possible to derive the profit center from the segment in configuration.

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.

Costing-based Profitability Analysis must be active.

B.

Account-based Profitability Analysis must be active.

C.

The type of the addressed ledger must be an extension ledger.

D.

The type of the general ledger account must be primary cost/revenue or secondary cost.

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?

A.

Assessment

B.

Distribution

C.

Periodic reposting

D.

Direct activity allocation

How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.

A.

Secondary costs are captured as secondary cost element, and not as general ledger accounts.

B.

Primary and secondary costs are captured in general ledger accounts.

C.

All primary and secondary costs are captured by creating them as cost elements.

D.

Only primary costs are captured in general ledger accounts.

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Total 80 questions
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