SAP Exam P_S4FIN_2021 Topic 1 Question 38 Discussion

Actual exam question for SAP's P_S4FIN_2021 exam

Question #: 38
Topic #: 1

[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 Annabelle at Mar 15, 2024, 01:10 AM

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Nilsa

6 months ago

Yes, that's correct. Having primary cost elements is crucial for accurate analysis.

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Carri

6 months ago

But don't we also need a collection of primary cost elements to receive the cost portions?

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Lettie

6 months ago

I agree, having a cost splitting profile is essential for analyzing COGS.

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Mitsue

6 months ago

This question is making my head spin. I'm just going to go with whatever the person next to me puts down and hope for the best.

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Franchesca

6 months ago

B and D, for sure. An extension ledger with technical numbers and a settlement profile. Sounds like a real party in the accounting department!

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Whitley

5 months ago

Yes, and a settlement profile helps control how the cost portions are settled. It's definitely important for accurate analysis.

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Felicitas

5 months ago

I agree, having an extension ledger with technical numbers is crucial for analyzing COGS.

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Celestine

6 months ago

I think we need a cost splitting profile in general ledger accounting.

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Herman

6 months ago

I'm going with A and B. A cost splitting profile in the general ledger and a settlement profile to control the cost portions. Gotta keep those numbers straight!

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Harley

6 months ago

Yes, that's correct. Having primary cost elements is crucial for accurate analysis.

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Steffanie

6 months ago

Definitely B and C. How else are you going to split up those costs, huh? You need some serious accounting magic for that.

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Pedro

5 months ago

Without a settlement profile and a collection of primary cost elements, it would be impossible to accurately analyze the cost breakdown.

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Izetta

5 months ago

You're right, B and C are essential for analyzing COGS by cost components.

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Gerald

6 months ago

But don't we also need a collection of primary cost elements to receive the cost portions?

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Micah

6 months ago

I think the correct answers are B and C. You need a settlement profile to control the cost portions and a collection of primary cost elements to receive the cost portions.

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