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SAP CTS4CO2021 Exam Syllabus Topics:

Topic	Details
Topic 1	Define value fields, characteristics and summary characteristics Create organizational charts for profit centers
Topic 2	Create Profit Centers and check master data assignments Organizational Assignments and Process Integration
Topic 3	Determine plan data, commitments and actual requirements for internal orders Define WIP, results analysis, variances and revenue recognition (in cooperation with FI and SD)
Topic 4	Distinguish between order category and order type Define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis) and costing versions for alternative costings

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SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) Sample Questions (Q33-Q38):

NEW QUESTION # 33
How do you define the relationship between an operating concern and a controlling area?

• A. One-to-many (1:N)
• B. Many-to-one (N:1)
• C. One-to-one (1:1)
• D. Many-to-many (N:M)

Answer: A
NEW QUESTION # 34
You create a new profit center. Which company code(s) is it assigned to by default?

• A. All company codes to which the profit center standard hierarchy is assigned to.
• B. All company codes where profit center accounting is activated.
• C. All company codes within the controlling area.
• D. All company codes maintained in your authorization profile.

Answer: C
NEW QUESTION # 35
At what level do you create the structure of the operating concern?

• A. Controlling area level
• B. Company code level
• C. Sales organization level
• D. Client level

Answer: D
NEW QUESTION # 36
For which of the following situations would you need to implement the transfer price solution in SAP S4/NANA?

• A. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.
• B. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation.
• C. Parallel accounting is needed in order to be compliant with different accounting principles.
• D. Parallel variation views of the same logistical flows are needed to differentiate between legal and profit center valuation.

Answer: D
NEW QUESTION # 37
How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question.

• A. Only primary costs are captured in general ledger accounts.
• B. All primary and secondary costs are captured by creating them as cost elements.
• C. Primary and secondary costs are captured in general ledger accounts.
• D. Secondary costs are captured as secondary cost element, and not as general ledger accounts.

Answer: B,C
NEW QUESTION # 38
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