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SAP Exam P_S4FIN_2021 Topic 6 Question 42 Discussion

Actual exam question for SAP's P_S4FIN_2021 exam
Question #: 42
Topic #: 6
[All P_S4FIN_2021 Questions]

You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?

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Suggested Answer: C

by Elmira at May 10, 2024, 10:50 AM

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Youlanda
5 months ago
Defining separate valuation areas might be complicated. I went with B; a valuation area and accounting principle linked to ledgers seemed straightforward.
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Nichelle
5 months ago
Haha, this question is like a foreign currency accounting riddle! I'm going to have to go with C - the more moving parts, the better, right?
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Margo
5 months ago
Option A seems a bit too simple for this problem. I would go with C to really capture the complexity of having different valuation methods for local and international GAAP.
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Odette
5 months ago
Yeah, option C definitely covers all the bases for setting up different values for the two accounting principles.
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Lisbeth
5 months ago
I think option B could work too, as long as the relevant links to ledgers are set up correctly.
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Shanda
5 months ago
I agree, option C seems like the most comprehensive solution to handle the different valuation methods for local and international GAAP.
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Haydee
5 months ago
I agree, option C seems like the best choice to handle the different valuation methods for local and international GAAP.
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Annelle
5 months ago
I think option B could work too, as long as the relevant links to ledgers are set up correctly.
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Harley
5 months ago
I think option C is the best choice here. It allows for different valuation areas and accounting principles for each GAAP.
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Gertude
5 months ago
I agree, option C seems like the best choice to handle the different valuation methods for local and international GAAP.
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Ernie
6 months ago
I think option C is the way to go. Defining two valuation areas and two accounting principles seems like the most comprehensive solution to handle the different values.
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Amina
5 months ago
I think we can all agree that having a clear setup is crucial for accurate foreign currency valuation.
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Dana
5 months ago
It's a tough choice, but having two valuation areas and two accounting principles does seem like a solid solution.
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Delisa
5 months ago
I see your point, but having a valuation area and ledger group for two ledgers could also be efficient.
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Salena
5 months ago
True, but having a valuation area and accounting principle with relevant links might simplify things.
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Chana
6 months ago
I think option C is the best choice as well. It provides a clear separation for the different accounting principles.
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Kasandra
6 months ago
I think having separate valuation areas for each accounting principle would be more organized.
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Henriette
6 months ago
I agree, having two valuation areas and two accounting principles would ensure accuracy in the different values.
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Reita
6 months ago
But wouldn't defining two valuation methods and assigning the accounting principles work as well?
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Timothy
6 months ago
I agree, option C does seem like the most comprehensive solution.
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Glendora
6 months ago
True, but I was leaning towards C. It talks about using two valuation areas and two accounting principles, which seemed comprehensive.
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Natalya
6 months ago
A makes sense because you can then specify different rules for local and international GAAP.
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Deeanna
6 months ago
I think the correct answer is A. You need to define two valuation methods and then assign accounting principles to them.
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Glendora
6 months ago
Yeah, I wasn't sure how to set it up in the system either.
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Youlanda
6 months ago
I found the question on foreign currency valuation for GAAP pretty tricky.
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