Online Access Free C_TS4CO_2020 Practice Test

What is the highest reporting level in management accounting?

• A.Profit center
• B.Operating concern
• C.Company code
• D.Controlling area

Which cost objects can only be controlled by period? There are TWO correct answers for this question

• A.Product cost collector
• B.Cost object hierarchy
• C.Process order
• D.Production order

You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? Note: There are 3 correct answers to this question.

• A.To permit or forbid specific transactions
• B.To define the user status
• C.To set the initial status as Created or Released
• D.To activate the CO partner update
• E.To define users for the order

Which type of Profitability Analysis updates the cost of goods sold at the time of delivery?

• A.Both account-based and costing-based
• B.Costing-based only
• C.Account-based only
• D.Periodic-accounting based

You create a new profit center. Which company code(s) is it assigned to by default?

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