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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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Free Practice Questions for the SAP Certified Application Associate C_TS4CO_2021 Exam (2026 Updated)

At Marks4sure, we are dedicated to providing IT professionals with the most accurate and reliable preparation materials for the SAP C_TS4CO_2021 exam. To support your certification journey, we have made a selection of our premium 2026 SAP Certified Application Associate practice questions and answers available completely free. You can take this practice test as many times as you need. Every question includes a detailed, expertly verified explanation to ensure you fully grasp the core security concepts before test day.

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Questions 4

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

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Questions 5

What are some of the objectives of Profitability Analysis? Note: There are 2 correct answers to this question.

Options:

A.

Provide the company with information on the performance of its market segments.

B.

Allow the company to determine if the sales force achieved their contribution margin goals.

C.

Provide the company with a detailed view of its financial statements by areas of responsibilities.

D.

Allow the company to determine standard costs and revenues according to the period accounting method.

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Questions 6

Which of the following statements are applicable to automatic account assignment in SAP S/4HANA? Note: There are 2 correct answers to this question.

Options:

A.

It can be overwritten in the application.

B.

It can be defined for postings on general ledger accounts of secondary costs type.

C.

It takes precedence over validation and substitution.

D.

It can be defined for postings on general ledger accounts of primary costs type.

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Questions 7

You have implemented Product Cost by Sales Oder in conjunction with cost-based POC results analysis in your organization.

For a particular sales order item, you have the following:

Plan revenue = 3000; Plan costs = 2000

Actual revenue = 1200; Actual cost=1000

What data does the system calculate during results analysis?

Options:

A.

"Revenue = 1500; Cost of sales = 1000; Revenue surplus =300"

B.

"Revenue = 1200; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 200"

C.

"Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300"

D.

"Revenue = 1200; Cost of sales = 1000; Revenue surplus =200"

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Questions 8

You want to prevent reporting extreme periodic fluctuations in your P&L statement. Which Management Accounting activity should you choose to help spread irregular expenses throughout the fiscal year?

Options:

A.

Periodic reporting

B.

Accrual calculation

C.

Budget availability control

D.

Indirect activity allocation

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Questions 9

You want to create cost centers for your company. What is the prerequisite to build an organizational structure for overhead cost controlling?

Options:

A.

Person responsible

B.

Profit center

C.

Standard hierarchy top node

D.

Cost center categories

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Questions 10

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)

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Questions 11

What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are 2 correct answers to this question.

Options:

A.

Cost of goods sold split by cost components

B.

Value of "Gross Margin 2"

C.

Production variances split by variance categories

D.

Value of conditions of pricing procedure

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Questions 12

How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question.

Options:

A.

Use separate segments for each valuation.

B.

Use separate currency types within the same ledger for each valuation.

C.

Use separate ledgers for each valuation.

D.

Use separate CO versions for each valuation.

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Exam Code: C_TS4CO_2021
Exam Name: SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021)
Last Update: Jan 27, 2026
Questions: 80