SAP C_TS4FI_2023 Exam - Topic 3 Question 24 Discussion

Actual exam question for SAP's C_TS4FI_2023 exam

Question #: 24
Topic #: 3

[All C_TS4FI_2023 Questions]

What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answe-rs to this que-stion.

AThe exclusion of disputed residual items from credit limit checks

BThe account where a residual item is posted

CThe type of payment notice sent to a customer

DThe special G/L indicator for the down payment

EThe document type of the payment

Show Suggested Answer

Suggested Answer: A, B, C

by Loren at Dec 04, 2024, 02:00 PM

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Judy

3 months ago

Not sure about E being one of the answers. Feels like a stretch!

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Elena

3 months ago

I agree with A and D, but C seems a bit off to me.

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Lashandra

3 months ago

Wait, can you really control the account for residual items? Sounds off.

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Chara

4 months ago

I think B is also right.

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Fernanda

4 months ago

A and C are definitely correct!

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Denny

4 months ago

I believe the special G/L indicator for the down payment is definitely one of the options we can control. It was highlighted in our last review session.

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Arminda

4 months ago

The type of payment notice sent to a customer sounds familiar, but I’m a bit uncertain if it’s directly related to the reason code. I remember it being mentioned in a different context.

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Mitsue

4 months ago

I'm not entirely sure about the account where a residual item is posted. I feel like we covered something similar in practice questions, but I can't recall the specifics.

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Avery

5 months ago

I think the exclusion of disputed residual items from credit limit checks is one of the controls we can set with the reason code. It seems to fit what we discussed in class.

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Wilda

5 months ago

The question mentions 3 correct answers, so I'll need to select those carefully. Reason codes must be an important concept in AR.

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Raylene

5 months ago

I remember learning about the reason code in class, but I can't quite recall all the details. I'll have to think carefully.

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Edwin

5 months ago

Okay, let me think this through. The reason code must be related to Accounts Receivable, so I'll focus on that.

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Brice

5 months ago

Hmm, I'm a bit unsure about the reason code and what it controls. I'll need to review my notes.

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Teddy

5 months ago

This question seems straightforward, I think I can handle it.

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Keena

1 year ago

I'm just happy there are 3 correct answers, makes my life a little easier. Now if only I can remember what a 'residual item' is...

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Tarra

1 year ago

C) The type of payment notice sent to a customer

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Essie

1 year ago

B) The account where a residual item is posted

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Kathrine

1 year ago

A) The exclusion of disputed residual items from credit limit checks

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Julio

1 year ago

Hold up, D is the real MVP here. Who wouldn't want to control the special G/L indicator for a down payment? That's where the real power lies, my friends.

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Rusty

1 year ago

I'm gonna go with A, B, and C as well. Can't control the document type of the payment or the G/L indicator for a down payment with the reason code, that's just silly.

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Darrin

1 year ago

C) The type of payment notice sent to a customer

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Venita

1 year ago

B) The account where a residual item is posted

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Millie

1 year ago

A) The exclusion of disputed residual items from credit limit checks

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Casie

1 year ago

I think the special G/L indicator for the down payment can also be controlled with the reason code.

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Hillary

1 year ago

I agree with the previous candidate. The reason code is all about managing the financial aspects of accounts receivable, so those three options make the most sense.

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Cecily

1 year ago

C) The type of payment notice sent to a customer

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Rochell

1 year ago

B) The account where a residual item is posted

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Mee

1 year ago

A) The exclusion of disputed residual items from credit limit checks

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Leigha

1 year ago

I believe you can also control the type of payment notice sent to a customer with the reason code.

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Lacey

1 year ago

A, B, and C seem like the right answers here. The reason code can definitely control the credit limit checks, the account posting, and the payment notices to customers.

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