SAP Exam C_TS4FI_2021 Topic 1 Question 52 Discussion

Actual exam question for SAP's C_TS4FI_2021 exam

Question #: 52
Topic #: 1

[All C_TS4FI_2021 Questions]

When is it possible to set the open item management indicator in a general ledger account?

Note: There are 2 correct answers to this questions.

AWhen an a account is set up as a balance sheet account

BWhen an a account has a zero balance

CWhen an a account is set up as a reconciliation account

DWhen an a account is set up as a secondary cost element

Show Suggested Answer

Suggested Answer: A, C

by Elly at Aug 06, 2024, 04:19 AM

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Marshall

2 months ago

That's a good point, Cecily. It could be either of those options.

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Cecily

2 months ago

I'm not sure about that. I think it could also be set when the account is set up as a reconciliation account.

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Major

2 months ago

I agree with Marshall. It makes sense that the indicator would be set for a balance sheet account.

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Merrilee

2 months ago

I think it's A and C because balance sheet and reconciliation accounts are usually involved in open item management.

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Marshall

2 months ago

I think the open item management indicator can be set when the account is set up as a balance sheet account.

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Skye

2 months ago

I'm not sure. I think it could be B and C.

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Ceola

2 months ago

This question is a bit tricky, but I reckon A and B are the right answers. Who even uses a 'secondary cost element' anyway? Sounds made up to me!

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Una

2 months ago

Yeah, I agree. Setting it up as a balance sheet account or having a zero balance makes sense.

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Cheryl

2 months ago

I think you're right, A and B seem like the correct answers.

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Tawna

2 months ago

I'm going to go with A and C. Setting up the open item indicator on a balance sheet account and a reconciliation account makes the most sense to me.

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Derrick

3 months ago

Hmm, I'm not sure about this one. I'd say A and D are the correct answers, but I'm not 100% confident.

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Sharika

2 months ago

I'm not sure, but I think it's A and B.

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Edison

2 months ago

I believe it's A and D.

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Tamesha

2 months ago

I think it's A and C.

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Annett

3 months ago

I agree with Gerald. A and C make sense.

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Leslie

3 months ago

I think B and C are the right answers. The open item indicator is used for accounts with zero balances and reconciliation accounts.

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Georgeanna

2 months ago

Actually, both B and C are correct. The open item indicator is used for accounts with zero balances and reconciliation accounts.

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Tamera

2 months ago

I think it's only B that is correct.

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Craig

3 months ago

I agree, B and C are the correct answers.

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Gerald

3 months ago

I think it's A and C.

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Sarah

4 months ago

A and C seem like the correct options to me. The open item indicator is usually used for balance sheet accounts and reconciliation accounts.

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Marguerita

3 months ago

Definitely, it helps keep track of outstanding items in those accounts.

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Vanda

3 months ago

So, setting the indicator in those types of accounts makes sense.

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Blair

3 months ago

Yes, I agree. The open item indicator is usually used for balance sheet accounts and reconciliation accounts.

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Hershel

3 months ago

I think A and C are the correct options.

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