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SAP Exam C_S4FTR_2023 Topic 2 Question 20 Discussion

Actual exam question for SAP's C_S4FTR_2023 exam

Question #: 20
Topic #: 2

[All C_S4FTR_2023 Questions]

Which G/L account type must be set when working with the bank reconciliation ledger?

ACash account

BBalance sheet account

CBank sub account

DBank reconciliation account

Show Suggested Answer

Suggested Answer: C

The G/L account type that must be set when working with the bank reconciliation ledger is bank sub account. Bank sub account is a special type of G/L account that is used to record the bank statement items that are not yet reconciled with the accounting documents. It allows you to perform bank reconciliation at a more granular level and track the status of each bank statement item.

by Alpha at Jan 09, 2025, 10:06 PM

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Vanesa

5 months ago

I'm feeling lucky, so I'll go with D. Bank reconciliation account. Gotta risk it for the biscuit!

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Maurine

5 months ago

I'm not sure, but I think it could also be D) Bank reconciliation account, as it specifically deals with reconciling bank statements.

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Aleta

5 months ago

Haha, cash account? Nice try, but that's way too obvious. I'm going with the balance sheet account.

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Bernadine

5 months ago

Yeah, cash account seems too straightforward.

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Anglea

5 months ago

I think it's the balance sheet account too.

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Quentin

5 months ago

I agree with Dante, because cash account is directly related to bank transactions.

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Ettie

5 months ago

I'd go with the bank reconciliation account. It's specifically designed for this purpose, right?

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Adaline

4 months ago

Definitely, it helps keep track of the differences between the bank statement and the company's records.

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Dion

4 months ago

I agree, it's specifically designed for reconciling bank transactions.

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Alesia

4 months ago

Yes, the bank reconciliation account is the correct choice.

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Glory

4 months ago

D) Bank reconciliation account

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Lenna

4 months ago

C) Bank sub account

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Cristen

4 months ago

B) Balance sheet account

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Herminia

5 months ago

A) Cash account

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Dante

6 months ago

I think the answer is A) Cash account.

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Henriette

6 months ago

Definitely the bank sub account, that's the one used for reconciliation.

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Veta

5 months ago

C) Bank sub account

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Venita

5 months ago

Yes, the bank sub account is the one used for reconciliation.

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Vicente

5 months ago

D) Bank reconciliation account

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Na

5 months ago

C) Bank sub account

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Sabra

5 months ago

B) Balance sheet account

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Tamesha

6 months ago

A) Cash account

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