C_TS4CO_2023 Exam Dumps - SAP Certified Associate Questions and Answers

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:For Product Cost by Sales Order, SAP S/4HANA calculates revenue, cost of sales, and WIP based on actual data. Given the actual revenue and cost data, the system computes a WIP value to align with results analysis requirements.

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 SAP S/4HANA, the costing type in a costing variant specifies parameters like date key for saving costs and price updates, allowing businesses to manage cost calculations over different periods and adjust for price changes.

Detailed Explanation: SAP S/4HANA provides real-time reporting at every level of detail (option B) byleveraging the Universal Journal, which consolidates various data types, supporting comprehensive and timely data analysis without additional ETL processes.

Detailed Explanation:In the Product Cost by Order process, the system calculates Work In Process (WIP) at target costs or variances based on the order status, enabling precise cost tracking until the order is completed and settled.

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.

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:The cost center standard hierarchy in SAP S/4HANA is a mandatory structure for each controlling area, encompassing all cost centers, providing a basis for consistent reporting and data aggregation.

Detailed Explanation:Number range intervals in SAP S/4HANA are maintained by business transactions and controlling area, allowing document numbering to be systematically organized and controlled within specific areas and transaction types.