SAP Exam C_TS4FI_2023 Topic 2 Question 17 Discussion

Actual exam question for SAP's C_TS4FI_2023 exam

Question #: 17
Topic #: 2

[All C_TS4FI_2023 Questions]

From which G/L account types are values shown in the profit and loss (P&L) statement? Note: There are 3 correct answe-rs to this que-stion.

ABalance Sheet Account

BSecondary Costs

CNon-operating Expense or Income

DPrimary cost or Revenue

ECash account

Show Suggested Answer

Suggested Answer: C

by Fausto at Sep 13, 2024, 03:28 AM

Limited Time Offer

25%

Off

Get Premium C_TS4FI_2023 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Izetta

10 days ago

This is a tricky one, but I think the key is understanding the difference between the balance sheet and the P&L. The P&L is all about revenue and expenses, not assets and liabilities. So A and E are out.

upvoted 0 times

...

Caprice

13 days ago

Yes, I agree. Non-operating Expense or Income is another type that appears in the P&L statement.

upvoted 0 times

...

Avery

14 days ago

I'm pretty sure the P&L doesn't include balance sheet accounts or cash accounts. Those are for the balance sheet, not the income statement. Gotta go with B, C, and D.

upvoted 0 times

...

Earlean

17 days ago

Hmm, I remember learning that the P&L statement includes primary costs and revenues, as well as non-operating expenses and income. Looks like options C and D are the way to go.

upvoted 0 times

...

Dudley

21 days ago

I believe Secondary Costs are also included in the P&L statement.

upvoted 0 times

...

Caprice

28 days ago

I think values from Primary cost or Revenue are shown in the P&L statement.

upvoted 0 times

...