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  5. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021) Questions and Answers

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Questions # 1:

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

Options:
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.

Expert Solution
Questions # 2:

Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question.

Options:
A.

Result Analysis (RA) Version

B.

Result Analysis (RA) key

C.

Costing variant for preliminary costing

D.

Variance variant

Expert Solution
Questions # 3:

At which level do you define the valuation method for results analysis?

Options:
A.

Controlling area

B.

Company code

C.

Plant

D.

Operating concern

Expert Solution
Questions # 4:

Which receiver must be allowed in the settlement profile of product cost collector?

Options:
A.

Cost center

B.

Material

C.

Order

D.

G/L Account

Expert Solution
Questions # 5:

How do you maintain number range intervals in Controlling?

Options:
A.

By account type

B.

By cost element category

C.

By business transactions

D.

By document type

Expert Solution
Questions # 6:

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

Options:
A.

CDS views are considered system modifications.

B.

CDS views have ready-to-use content.

C.

CDS views duplicate data for reporting efficiencies.

D.

CDS views have no latency.

E.

CDS views support authorization.

Expert Solution
Questions # 7:

You are considering using commitment management with internal orders. What do you need to do in the configuration?

Options:
A.

Activate commitment management in both the controlling area and the order type.

B.

Activate commitment management in the controlling area, the order type, and in individual internal order master data.

C.

Activate commitment management in both the version and the order type.

D.

Activate commitment management only in the controlling area.

Expert Solution
Questions # 8:

How do you define the relationship between an operating concern and a controlling area?

Options:
A.

Many-to-many (N:M)

B.

Many-to-one (N:1)

C.

One-to-many (1:N)

D.

One-to-one (1:1)

Expert Solution
Questions # 9:

Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.

Options:
A.

Inventory cost estimate of all the materials in one plant

B.

Standard cost estimate of all the materials in all plants of a controlling area

C.

Current cost estimate of all the materials in all controlling area

D.

Product cost collector cost estimate in one plant

Expert Solution
Questions # 10:

You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. Which statement best describes reporting in SAP S/4HANA?

Options:
A.

Reporting can be either broad and deep for analysis, or speedy and simple, but not both.

B.

Reporting on data in real time is difficult, and complex to design.

C.

Reporting on data is available in real-time at every level of detail.

D.

Reporting analytical data is always done in a business warehouse system.

Expert Solution
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