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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting Sample Questions (Q21-Q26):

NEW QUESTION # 21
What are some of the characteristics of SAP Core Data Services (CDS) views? Note: There are 3 correct answers to this question.

A. CDS views are considered system modifications.
B. CDS views duplicate data for reporting efficiencies.
C. CDS views have no latency.
D. CDS views support authorization.
E. CDS views have ready-to-use content.

Answer: C,D,E

NEW QUESTION # 22
You create alternative CO versions for your controlling area, in addition to version 0. What would you use additional CO versions for?
Note: There are 2 correct answers to this question.

A. To store different budget data
B. To store data of parallel valuation
C. To store data of alternative plan costing runs
D. To store different plan data

Answer: B,D

Explanation:
Detailed Explanation: Additional CO versions can store data for parallel valuations (option B) and different planning scenarios (option C). This supports flexibility in budgeting and planning, especially for organizations with multiple reporting requirements.

NEW QUESTION # 23
How does SAP S/4HANA capture costs?
Note: There are 2 correct answers to this question.

A. Primary and secondary costs are captured on cost elements.
B. Secondary costs are captured in extension ledger CO that references the leading ledger.
C. Only primary costs are captured in general ledger accounts.
D. Primary and secondary costs are captured in general ledger accounts.

Answer: A,D

Explanation:
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).

NEW QUESTION # 24
You are configuring internal order settlement. What do you define which cost element should be settled, using either the original settlement cost elements?

A. Settlement rule
B. Credit component (of the costing sheet)
C. Settlement profile
D. Allocation structure

Answer: D

NEW QUESTION # 25
What are some of the characteristics of planning for internal orders?
Note: There are 2 correct answers to this question.

A. You can define tolerance limits for plan overspend.
B. You can enter costs and revenues.
C. You can plan multiple versions.
D. Availability control can check against plan values.

Answer: A,B

Explanation:
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.

NEW QUESTION # 26
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Test C-TS4CO-2023 Sample Questions, C-TS4CO-2023 Useful Dumps

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting Sample Questions (Q21-Q26):

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