SAP Exam P_S4FIN_2021 Topic 7 Question 40 Discussion

Actual exam question for SAP's P_S4FIN_2021 exam

Question #: 40
Topic #: 7

[All P_S4FIN_2021 Questions]

You want to sell products from stock. What do you need to maintain before you can analyze the cost of goods sold (COGS) subdivided by cost components in account-based CO-PA? Note: There are 2 correct answers to this question

AA cost splitting profile in general ledger accounting

BA settlement profile to control the settlement of cost portions

CA collection of primary cost elements to receive the cost portions

DAn extension ledger with type 'Line items with technical numbers'

Show Suggested Answer

Suggested Answer: A, C

by Edna at Apr 23, 2024, 07:10 PM

Limited Time Offer

25%

Off

Get Premium P_S4FIN_2021 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Ira

8 months ago

I'm going with B and C. Seems like the logical choice to me. Although, who knows what the SAP overlords have in store for us!

upvoted 0 times

Alisha

7 months ago

Yeah, I agree. It's important to have those in place before analyzing the cost of goods sold.

upvoted 0 times

...

Lelia

7 months ago

I think B and C are the correct answers too. It's all about controlling the settlement and receiving the cost portions.

upvoted 0 times

...

Jolene

8 months ago

Haha, I bet the answer involves some esoteric SAP terminology that only an accountant would understand. Let me guess... B and C?

upvoted 0 times

Rashida

7 months ago

Jackie: No problem, happy to help!

upvoted 0 times

...

Jackie

7 months ago

Oh, I see. Thanks for clarifying!

upvoted 0 times

...

Hubert

8 months ago

Actually, the correct answers are A and C.

upvoted 0 times

...

Oretha

8 months ago

Agree, C seems necessary for getting cost portions. B seemed a bit confusing.

upvoted 0 times

...

Mirta

8 months ago

Hmm, I'm going with A and B. The cost splitting profile in the general ledger is essential for this, right?

upvoted 0 times

...

Shelia

8 months ago

Definitely B and D. The extension ledger with technical numbers is crucial for analyzing COGS by cost components.

upvoted 0 times

Launa

7 months ago

Yes, you're right. Having a settlement profile and extension ledger with technical numbers is essential for accurate analysis.

upvoted 0 times

...

Vanesa

8 months ago

I think it's B and D. The extension ledger with technical numbers is important for analyzing COGS by cost components.

upvoted 0 times

...

Mohammad

8 months ago

Great, with those two in place, we can analyze the cost of goods sold subdivided by cost components in account-based CO-PA.

upvoted 0 times

...

Tamar

8 months ago

Yes, you're right. D) An extension ledger with type 'Line items with technical numbers' is also needed for analyzing COGS by cost components.

upvoted 0 times

...

Youlanda

8 months ago

I think it's B) A settlement profile to control the settlement of cost portions.

upvoted 0 times

...

Caren

8 months ago

Yes, that's correct. We also need an extension ledger with type 'Line items with technical numbers'.

upvoted 0 times

...

Jaime

8 months ago

I think we need a settlement profile to control the settlement of cost portions.

upvoted 0 times

...

Elvis

8 months ago

I felt pretty confident with C. Primary cost elements make sense.

upvoted 0 times

...

Annelle

9 months ago

I went with A and B. Isn't the settlement profile important too?

upvoted 0 times

...

Cristina

9 months ago

I think the answer is B and C. You need a settlement profile to control the cost portions and a collection of primary cost elements to receive them.

upvoted 0 times

Lavonna

8 months ago

I agree with you. Those are the two correct answers needed to analyze the cost of goods sold subdivided by cost components in account-based CO-PA.

upvoted 0 times

...

Lavonna

8 months ago

Yes, you are correct. We need a settlement profile to control the cost portions and a collection of primary cost elements to receive them.

upvoted 0 times

...

Clare

9 months ago

I think A and C are correct. You need a cost splitting profile and primary cost elements.

upvoted 0 times

...

Oretha

9 months ago

Yeah, wasn't sure about the correct answers.

upvoted 0 times

...

Elvis

9 months ago

Did you see the question about analyzing the cost of goods sold?

upvoted 0 times

...

Theola

10 months ago

Yes, that's correct. And we also need an extension ledger with type 'Line items with technical numbers'.

upvoted 0 times

...

Belen

10 months ago

We need a cost splitting profile in general ledger accounting, right?

upvoted 0 times

...