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C_TFIN52_66 · Question #8

Your chief accountant would like to display company-owned cars separately in the balance sheet. These cars were previously included in the asset class "factory and office equipment". What do you…

The correct answer is D. Create a new asset class and a new account determination. See the full explanation below for the reasoning.

Question

Your chief accountant would like to display company-owned cars separately in the balance sheet. These cars were previously included in the asset class "factory and office equipment". What do you have to configure?

Options

  • ACreate a new asset class, but use the same account determination.
  • BCreate a new account determination, but no new asset class.
  • CCreate evaluation groups to subdivide all assets of the class.
  • DCreate a new asset class and a new account determination.

How the community answered

(26 responses)
  • A
    8% (2)
  • B
    12% (3)
  • C
    4% (1)
  • D
    77% (20)

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