C_TS4CO_2023 Exam Dumps - SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting

Detailed Explanation:The cost of sales accounting method in SAP S/4HANA is used to present revenues alongside sales-related expenses, facilitating margin analysis and providing a clear picture of profitability directly related to sales.

Detailed Explanation: Internal orders in SAP can be settled to various cost objects, including networks (option B), sales order items (option C), and WBS elements (option D). These are key objects for cost management, allowing for detailed tracking and settlement in project and order management scenarios.

Detailed Explanation: For maintaining plan prices of a cost center, the activity type master record should include the CO version (option B), valid cost center categories (option C), and the activity type category (option D). These attributes ensure accurate cost allocation and pricing within SAP S/4HANA.

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:SAP S/4HANA derives the requirement type based on the MRP or strategy group settings, allowing the system to link planning strategies to requirement types that define demand processing in Material Requirements Planning.

Detailed Explanation: A reference variant (option A) allows you to create a new standard cost estimate using the quantity structure of an existing one. This enables consistency and efficiency in standard costing within SAP S/4HANA.

Detailed Explanation: The SAP Business Accelerator Hub (option C) is the platform where users can explore released APIs for various SAP applications, including SAP S/4HANA, facilitating seamless integration and extensibility.

Detailed Explanation: The transfer price solution in SAP S/4HANA is used when parallel valuation views (option D) are required, especially to distinguish between legal and group valuations. This is critical for consolidated reporting and managing internal pricing within multiple organizational entities.

Detailed Explanation:To ensure costs are collected at the sales order item level, you need to checksettings for the requirement type, account assignment category, and requirements class in SAP S/4HANA, which determine how and where costs are tracked and assigned.

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: 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: A status profile allows you to define initial statuses (option C) and control specific transactions (option D). Additionally, it helps set order-specific rules for users (option B). These functions enable better control over internal order processing in SAP S/4HANA.

Detailed Explanation:Profit center allocations are managed within account-based profitability analysis in SAP S/4HANA, ensuring alignment of profitability and cost management with financial accounting.

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: An overhead group and an overhead key (option B) are assigned to include overhead costs in product costing. This assignment enables the application of pre-defined overhead rates in SAP S/4HANA, facilitating accurate product cost calculations.

Detailed Explanation: Running the cost estimate (option C), marking it (option D), and releasing it (option B) are necessary steps to update a material's standard price. This ensures that accurate, current cost data is used in inventory valuation and financial reporting in SAP S/4HANA.

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:Automatic settlement rule generation for sales order items in SAP S/4HANA requires that costing-based profitability analysis is active and that the sales order item is assigned to a project to enable correct cost flow to profitability segments.

Detailed Explanation:Purchase requisitions create commitments against budgeted amounts in SAP S/4HANA. This step allows tracking anticipated expenses, ensuring budgets are not exceeded when actual costs are incurred.

Detailed Explanation: The assessment method (option A) is used to allocate both primary and secondary costs between cost centers. This method consolidates costs and redistributes them based on predefined criteria, suitable for detailed internal cost allocations 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.