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SAP Exam C_S4CFI_2402 Topic 5 Question 17 Discussion

Actual exam question for SAP's C_S4CFI_2402 exam

Question #: 17
Topic #: 5

[All C_S4CFI_2402 Questions]

In which structure do you define where the accounts appear in the financial statement?

AAccounting principle

BFinancial statement version

CChart of accounts

DLedger group

Show Suggested Answer

Suggested Answer: C, D

To provide complete balance sheet reports in SAP S/4HANA Cloud Public Edition, the dimensions that can be used include Profit Center and Segment. Profit centers allow for the tracking of revenue and expenses by different business units or locations, contributing to the analysis of profitability. Segments enable reporting and analysis based on different business lines or geographical areas, enhancing the granularity of financial reporting. Both dimensions are essential for creating detailed and informative balance sheet reports that reflect the financial position and performance of various parts of the organization.

References:

SAP S/4HANA Cloud Financial Reporting documentation

Best practices for financial segmentation and profitability analysis in SAP

by Alton at Jul 15, 2024, 10:34 AM

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Tiffiny

12 months ago

Haha, I bet the professor who wrote this question is an accountant with a great sense of humor. B) Functional area and D) Segment are the way to go.

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Leonora

1 years ago

Hmm, I'm not sure about C) Profit center. Seems more like an income statement thing. I'll go with B) Functional area and D) Segment.

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Lorean

11 months ago

Great, thanks for confirming!

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Julianna

11 months ago

Those are the correct choices for balance sheet reports.

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Wynell

11 months ago

I agree, I'll choose B) Functional area and D) Segment for balance sheet reports.

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Kenny

12 months ago

I think C) Profit center is more for income statements.

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Karrie

1 years ago

Definitely B) Functional area and D) Segment. Profit centers and cost centers are more for income statement analysis.

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Youlanda

12 months ago

Yes, profit centers and cost centers are more suitable for income statement analysis.

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Edmond

12 months ago

I agree, B) Functional area and D) Segment are the correct dimensions for balance sheet reports.

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Allene

1 years ago

I'm not sure about the answer, but I think A) Cost center could also be one of the correct dimensions.

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Lynelle

1 years ago

I agree with Vivienne, those two dimensions provide a complete balance sheet report.

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Vivienne

1 years ago

I think the correct answers are C) Profit center and D) Segment.

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Emiko

1 years ago

I think the correct answers are B) Functional area and D) Segment. These dimensions can provide a complete breakdown of the balance sheet.

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Frederic

1 years ago

Yes, those dimensions can provide a detailed balance sheet report.

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Karrie

1 years ago

I agree, Functional area and Segment are the correct answers.

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