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C_TERP10_66 · Question #158
C_TERP10_66 Question #158: Real Exam Question with Answer & Explanation
The correct answer is B. A company code has only one operating chart of accounts. D. Many company codes can use the same operating chart of accounts. E. A company code can also have a country-specific chart of accounts. See the full explanation below for the reasoning.
Question
What do you have to consider when creating chart of accounts in financial accounting? Note: There are three (3) correct answers to this question.
Options
- AAccounts are first defined at the company code level and then assigned to the chart of accounts.
- BA company code has only one operating chart of accounts.
- CChart of accounts data in a general ledger master record is defined at the company code level.
- DMany company codes can use the same operating chart of accounts.
- EA company code can also have a country-specific chart of accounts
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