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C_TS4FI_2020 · Question #21
C_TS4FI_2020 Question #21: Real Exam Question with Answer & Explanation
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Question
You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles. How can you set this up in the system?
Options
- ADefine two valuation methods and assign the accounting principles to the new valuation methods.
- BDefine two valuation areas and two accounting principles with relevant links to ledgers.
- CDefine a valuation area and extension ledger to link with the new valuation area.
- DDefine a valuation area and ledger group for two ledgers to ink with the new valuation area.
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