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SAP Exam P_S4FIN_2021 Topic 6 Question 42 Discussion

Actual exam question for SAP's P_S4FIN_2021 exam
Question #: 42
Topic #: 6
[All P_S4FIN_2021 Questions]

Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? Note: There are 2 correct answers to this question.

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Suggested Answer: C

by Elmira at May 10, 2024, 10:50 AM

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Youlanda
1 years ago
Defining separate valuation areas might be complicated. I went with B; a valuation area and accounting principle linked to ledgers seemed straightforward.
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Nichelle
1 years ago
Haha, this question is like a foreign currency accounting riddle! I'm going to have to go with C - the more moving parts, the better, right?
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Margo
1 years ago
Option A seems a bit too simple for this problem. I would go with C to really capture the complexity of having different valuation methods for local and international GAAP.
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Odette
1 years ago
Yeah, option C definitely covers all the bases for setting up different values for the two accounting principles.
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Lisbeth
1 years ago
I think option B could work too, as long as the relevant links to ledgers are set up correctly.
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Shanda
1 years ago
I agree, option C seems like the most comprehensive solution to handle the different valuation methods for local and international GAAP.
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Haydee
1 years ago
I agree, option C seems like the best choice to handle the different valuation methods for local and international GAAP.
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Annelle
1 years ago
I think option B could work too, as long as the relevant links to ledgers are set up correctly.
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Harley
1 years ago
I think option C is the best choice here. It allows for different valuation areas and accounting principles for each GAAP.
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Gertude
1 years ago
I agree, option C seems like the best choice to handle the different valuation methods for local and international GAAP.
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Ernie
1 years ago
I think option C is the way to go. Defining two valuation areas and two accounting principles seems like the most comprehensive solution to handle the different values.
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Amina
1 years ago
I think we can all agree that having a clear setup is crucial for accurate foreign currency valuation.
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Dana
1 years ago
It's a tough choice, but having two valuation areas and two accounting principles does seem like a solid solution.
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Delisa
1 years ago
I see your point, but having a valuation area and ledger group for two ledgers could also be efficient.
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Salena
1 years ago
True, but having a valuation area and accounting principle with relevant links might simplify things.
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Chana
1 years ago
I think option C is the best choice as well. It provides a clear separation for the different accounting principles.
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Kasandra
1 years ago
I think having separate valuation areas for each accounting principle would be more organized.
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Henriette
1 years ago
I agree, having two valuation areas and two accounting principles would ensure accuracy in the different values.
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Reita
1 years ago
But wouldn't defining two valuation methods and assigning the accounting principles work as well?
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Timothy
1 years ago
I agree, option C does seem like the most comprehensive solution.
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Glendora
1 years ago
True, but I was leaning towards C. It talks about using two valuation areas and two accounting principles, which seemed comprehensive.
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Natalya
1 years ago
A makes sense because you can then specify different rules for local and international GAAP.
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Deeanna
1 years ago
I think the correct answer is A. You need to define two valuation methods and then assign accounting principles to them.
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Glendora
1 years ago
Yeah, I wasn't sure how to set it up in the system either.
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Youlanda
1 years ago
I found the question on foreign currency valuation for GAAP pretty tricky.
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