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SAP Exam P_S4FIN_2023 Topic 4 Question 24 Discussion

Actual exam question for SAP's P_S4FIN_2023 exam
Question #: 24
Topic #: 4
[All P_S4FIN_2023 Questions]

What does the Parallel Accounting Using G/L Accounts indicator in ledger configuration allow you to do?

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Suggested Answer: B

by Lera at Mar 07, 2025, 12:31 AM

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Johnathon
3 months ago
This question is making my head spin! I hope the exam doesn't feature too many 'parallel accounting' curveballs.
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Murray
2 months ago
I know, parallel accounting can be confusing!
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Cordelia
2 months ago
C) Assign 2 or more accounting principles to the non-leading ledger
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Tommy
2 months ago
A) Assign 2 or more ledgers to 1 accounting principle
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Jutta
3 months ago
Option B is the way to go! Assigning multiple accounting principles to a single valuation area sounds like a real time-saver.
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Georgiana
1 months ago
I can see how that would save a lot of time and effort in managing multiple accounting principles.
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Janae
1 months ago
It definitely sounds like a useful feature to have in ledger configuration.
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Gertude
2 months ago
I think assigning multiple accounting principles to one valuation area would simplify the process.
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Delfina
2 months ago
I agree, option B seems like the most efficient choice.
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Mattie
4 months ago
I think I'll go with option C. Assigning multiple accounting principles to the non-leading ledger seems like a logical choice.
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Tayna
2 months ago
User 3: I agree, it allows for more flexibility in reporting.
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Alecia
2 months ago
User 2: That makes sense, assigning multiple accounting principles to the non-leading ledger can be useful.
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Jacquline
3 months ago
User 1: I think I'll go with option C.
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Laurel
4 months ago
Hmm, the parallel accounting feature seems pretty complex. I hope the exam doesn't go too in-depth on this topic.
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Lashaunda
2 months ago
D) Assign 2 or more accounting principles to the leading ledger
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Lashawnda
2 months ago
It can be confusing, but it's important to understand for the exam.
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Lashon
3 months ago
C) Assign 2 or more accounting principles to the non-leading ledger
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Verlene
3 months ago
A) Assign 2 or more ledgers to 1 accounting principle
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Tarra
4 months ago
That makes sense, it would help in managing different accounting principles for reporting purposes.
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Louisa
4 months ago
I think it allows you to assign 2 or more accounting principles to the leading ledger.
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Louann
4 months ago
Option D sounds like the right choice, but I'm not 100% sure. I'll have to read up more on ledger configuration.
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Freeman
2 months ago
Exactly, it's a useful feature for ledger configuration.
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Berry
3 months ago
I see, so it allows for multiple accounting principles in the leading ledger.
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Tequila
3 months ago
Yes, that's right. It helps in parallel accounting using G/L accounts.
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Pamella
3 months ago
I think option D is correct, it allows you to assign 2 or more accounting principles to the leading ledger.
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Tarra
4 months ago
What does the Parallel Accounting Using G/L Accounts indicator in ledger configuration allow you to do?
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