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SAP Exam P_S4FIN_2021 Topic 7 Question 59 Discussion

Actual exam question for SAP's P_S4FIN_2021 exam
Question #: 59
Topic #: 7
[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 Elinore at Dec 08, 2024, 07:12 PM

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Paola
1 months ago
A seems too simple. I mean, sure, you could just define two valuation methods and assign the accounting principles, but where's the fun in that? I'm sticking with C for the win!
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Lashaunda
17 days ago
D) Define a valuation area and an accounting principle with relevant links to ledgers.
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Elly
18 days ago
But wouldn't it be easier to just link one valuation area to each accounting principle?
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Micah
19 days ago
C) Define two valuation areas and two accounting principles with relevant links to ledgers.
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Leonardo
20 days ago
A) Define two valuation methods and assign the accounting principles to the new valuation methods
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Yuki
1 months ago
C is the way to go. Anything less and you're just asking for trouble. Like trying to juggle chainsaws while riding a unicycle - not recommended!
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Tamra
1 months ago
D? Really? That's like trying to fit a square peg in a round hole. Definitely going with C, the only option that explicitly mentions both valuation areas and accounting principles.
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Vilma
10 days ago
C) Define two valuation areas and two accounting principles with relevant links to ledgers.
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Marjory
11 days ago
B) Define a valuation area and an accounting principle with relevant links to ledgers.
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Yong
13 days ago
A) Define two valuation methods and assign the accounting principles to the new valuation methods
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Artie
1 months ago
I agree with Delisa, option A seems like the most efficient way to set it up in the system.
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Delisa
1 months ago
But with option A, we can easily assign accounting principles to the new valuation methods.
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Magnolia
2 months ago
I disagree, I believe option C is more appropriate.
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Matthew
2 months ago
B looks good to me. Defining a valuation area and an accounting principle with relevant links to ledgers should do the trick.
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Providencia
13 days ago
User 4: Let's go with option B then.
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Jennie
27 days ago
User 3: Agreed, that way we can have different values for different accounting principles.
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Samira
1 months ago
User 2: Yeah, defining a valuation area and linking it to ledgers sounds like the right approach.
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Venita
1 months ago
User 1: I think B is the best option.
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Oneida
2 months ago
I think C is the correct answer. Defining two valuation areas and two accounting principles with relevant links to ledgers seems like the most comprehensive solution to handle the different values for local and international GAAP.
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Olen
1 months ago
I agree, defining two valuation areas and two accounting principles with relevant links to ledgers would ensure accurate valuation for both local and international GAAP.
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Novella
2 months ago
I think C is the correct answer.
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Delisa
2 months ago
I think option A is the best choice.
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