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

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Lorenza

1 months ago

Oof, this question is making my head spin. Maybe I should have taken that accounting elective after all. Okay, let's see... C and D sound right, and B doesn't seem to fit. I'll go with that and hope for the best.

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Loreen

3 days ago

Let's go with C and D then, hopefully we got it right.

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Gregg

4 days ago

I agree, B doesn't seem to fit with the profit and loss statement.

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Dominga

1 months ago

I think C and D are correct, but I'm not sure about B either.

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Alverta

2 months ago

Ha, I can already see my classmates debating this one. 'But what about secondary costs?' Pfft, who cares about that? Just give me C and D, and I'll be good to go.

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Eden

7 days ago

Secondary costs are important too, but they are not shown in the P&L statement.

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Shawn

9 days ago

I agree, those are the ones that show values in the profit and loss statement.

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Janae

18 days ago

I think the correct answers are C) Non-operating Expense or Income and D) Primary cost or Revenue.

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Izetta

2 months 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.

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Paola

9 days ago

D) Primary cost or Revenue

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Claudia

1 months ago

C) Non-operating Expense or Income

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Frederica

2 months ago

B) Secondary Costs

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Caprice

2 months ago

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

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Avery

2 months 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.

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Mattie

1 months ago

Yes, secondary costs, non-operating expense or income, and primary cost or revenue are the correct G/L account types for the P&L statement.

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Mattie

1 months ago

I agree, balance sheet accounts and cash accounts are not included in the P&L statement.

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Earlean

2 months 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.

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Dudley

2 months ago

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

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Caprice

3 months ago

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

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