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C_TB1300_07 · Question #38

Which types of accounts should you reconcile externally?

The correct answer is A. Bank accounts that must match to an external financial statement. B. All G/L accounts where an open debit must be followed by a credit in order to complete and C. Business partner accounts that must match to the business partner's own account or system. D. G/L accounts used as clearing or suspense accounts during payment processing. See the full explanation below for the reasoning.

Question

Which types of accounts should you reconcile externally?

Options

  • ABank accounts that must match to an external financial statement.
  • BAll G/L accounts where an open debit must be followed by a credit in order to complete and
  • CBusiness partner accounts that must match to the business partner's own account or system.
  • DG/L accounts used as clearing or suspense accounts during payment processing.

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(26 responses)
  • A
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