SAP Exam C_TS4FI_2021 Topic 6 Question 47 Discussion

Actual exam question for SAP's C_TS4FI_2021 exam

Question #: 47
Topic #: 6

[All C_TS4FI_2021 Questions]

You are running an international business and you want to set up separate legal entities to run operations and perform accounting activities.

Which organizational unit do you need to create for each legal entity?

ASegment

BCompany Code

CConsolidation unit

DCompany

Show Suggested Answer

Suggested Answer: B, C

by Onita at May 29, 2024, 11:44 AM

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Denise

3 months ago

Wait, is this a trick question? What if the answer is all of the above? You'd need a company code, a company, and a consolidation unit to manage the whole shebang!

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Zack

2 months ago

So, it's not a trick question after all. It's about understanding the different functions of each organizational unit.

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Florinda

2 months ago

Exactly! Each unit plays a crucial role in the overall operations and accounting activities of the business.

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Theodora

2 months ago

That's a good point! You would actually need all of those organizational units to effectively manage each legal entity.

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Cassie

2 months ago

D) Company

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Tamesha

3 months ago

C) Consolidation unit

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Kanisha

3 months ago

B) Company Code

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Jolanda

3 months ago

A) Segment

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Krissy

3 months ago

Haha, I'm going with A) Segment. Why not just split it up into different 'segments' of the business? Simple and straightforward!

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Alecia

3 months ago

I agree, A) Segment seems like the most logical choice for setting up separate legal entities.

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Susy

3 months ago

I think B) Company Code might be a better option for separate legal entities.

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Malika

3 months ago

A) Segment sounds like a good idea. It will help keep things organized.

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Dean

4 months ago

Hmm, I'm not so sure. C) Consolidation unit could work if you need to consolidate the financials of all the legal entities, right?

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Markus

4 months ago

D) Company seems like the obvious choice to me. You need to create a separate company for each legal entity, don't you?

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Cherry

4 months ago

I think the answer is B) Company Code. Sounds like the right organizational unit for managing legal entities.

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Staci

3 months ago

Yes, Company Code is used to represent a legal entity in SAP system for accounting purposes.

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Linwood

3 months ago

I agree, B) Company Code is the correct choice for setting up separate legal entities.

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Veronique

4 months ago

I'm not sure, but I think Segment could also be a valid option for organizing legal entities.

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Louvenia

4 months ago

I agree with Vinnie. Company Code is necessary for separate legal entities.

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Vinnie

4 months ago

I think we need to create a Company Code for each legal entity.

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