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C_TFIN52_65 · Question #38

A multinational concern acquires a company in another country which has local reporting requirements. They are using one operational chart of account for all companies. How can you fulfill this…

The correct answer is C. Create a country-specific chart of accounts and assign it to the company code. See the full explanation below for the reasoning.

Question

A multinational concern acquires a company in another country which has local reporting requirements. They are using one operational chart of account for all companies. How can you fulfill this country-specific requirement?

Options

  • ACreate a country-specific chart of accounts and assign it to the regular chart of accounts.
  • BCreate a country-specific chart of accounts and assign it to the group chart of accounts.
  • CCreate a country-specific chart of accounts and assign it to the company code.
  • DCreate a group chart of accounts and assign it to the company code.

How the community answered

(21 responses)
  • A
    5% (1)
  • B
    5% (1)
  • C
    76% (16)
  • D
    14% (3)

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