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SAP Exam C_TS4FI_2021 Topic 7 Question 22 Discussion

Actual exam question for SAP's C_TS4FI_2021 exam
Question #: 22
Topic #: 7
[All C_TS4FI_2021 Questions]

Which closing activities are performed for external reporting as per SAP best practices?

Note: There are 3 correct answers to this questions.

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Suggested Answer: A, D, E

by Tracey at Jan 10, 2023, 02:47 PM

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Deja
1 months ago
This question is a piece of cake. Now, where's the nearest coffee machine? I need a caffeine boost before the next one.
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Benedict
2 days ago
User 1: I think the correct answers are A, C, and E.
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Leonora
2 months ago
Aha! I know this one. The correct answers are C, E, and the mysterious 'option F' - performing magic tricks to impress the auditors.
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Sabrina
18 days ago
User 3: I think the mysterious 'option F' is not part of SAP best practices.
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Francine
1 months ago
User 2: Don't forget about option F - performing magic tricks to impress the auditors!
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Staci
1 months ago
User 1: The correct answers are C and E.
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Ty
2 months ago
B is definitely wrong. 'Flat rate value adjustment for receivables' sounds more like an internal accounting practice.
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Edmond
9 days ago
User 3
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Caren
15 days ago
User 2
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Twana
17 days ago
User 1
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Susana
19 days ago
E) Regroup receivables and payables on the balance sheet
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Salley
1 months ago
C) Preform valuations of open items in foreign currency
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Bulah
1 months ago
A) Run plan assessment cycles for profit center
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Miss
2 months ago
Hmm, I'm not sure about D. 'Top-down distribution in margin analysis' doesn't sound like an external reporting activity to me.
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Giovanna
2 months ago
User 2
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Pamela
2 months ago
User 1
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Refugia
2 months ago
I think performing flat rate value adjustment for receivables is also one of the correct closing activities for external reporting.
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Lera
2 months ago
I think A, C, and E are the correct answers. The question specifically mentions 'external reporting', so those activities seem most relevant.
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Josefa
2 months ago
I agree with Erick, but I also believe regrouping receivables and payables on the balance sheet is another correct answer.
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Erick
3 months ago
I think the closing activities for external reporting include valuations of open items in foreign currency.
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