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C_TERP10_66 · Question #2

Which of the following statements regarding the structure of a master record for a general ledger account is correct?

The correct answer is B. Both the chart of accounts and company code segments must be defined before you can post to. See the full explanation below for the reasoning.

Question

Which of the following statements regarding the structure of a master record for a general ledger account is correct?

Options

  • AThe setting for the balance sheet account is defined in both the chart of accounts and company
  • BBoth the chart of accounts and company code segments must be defined before you can post to
  • CThe company code segment is mandatory, and is defined before the chart of accounts segment.
  • DThe settings for the chart of accounts segment are unique for each company code.

How the community answered

(23 responses)
  • A
    4% (1)
  • B
    70% (16)
  • C
    9% (2)
  • D
    17% (4)

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