SAP Exam C_TS4FI_2021 Topic 1 Question 65 Discussion

Actual exam question for SAP's C_TS4FI_2021 exam

Question #: 65
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 Wava at Feb 08, 2025, 06:18 PM

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Lucina

12 days ago

A and C, got it. Now, if only I could remember what open item management actually is...

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Mindy

13 days ago

This question is making my head spin. Maybe I should have studied more about open item management instead of watching cat videos all night.

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Lino

22 days ago

Hold up, are we sure C is correct? I thought reconciliation accounts were for something else. Oh well, I'll just pick A and B and hope for the best.

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Mammie

2 days ago

I think C is correct, it's when an account is set up as a reconciliation account.

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Laurel

1 months ago

I believe another correct answer is when an account is set up as a reconciliation account. This helps in matching transactions.

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Hollis

1 months ago

I think B is also correct. If an account has a zero balance, it's typically used for open item management, right?

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Micheline

1 months ago

A and C are the correct answers. You can set the open item management indicator for balance sheet accounts and reconciliation accounts, but not for zero-balance accounts or secondary cost elements.

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Marleen

5 days ago

C) When an account is set up as a reconciliation account

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Nadine

9 days ago

A) When an account is set up as a balance sheet account

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Eleni

1 months ago

I agree with Rex. It makes sense because balance sheet accounts are used for tracking financial position.

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Rex

1 months ago

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

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