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C_TS4FI_2020 · Question #45

How does the system perform normal journal entry reversals?

The correct answer is A. It creates an inverse posting by increasing the transaction figures. See the full explanation below for the reasoning.

Question

How does the system perform normal journal entry reversals?

Options

  • AIt creates an inverse posting by increasing the transaction figures
  • BIt creates a transfer posting by resetting the transaction figures
  • CIt creates the inverse posting of a cleared document before resetting it.
  • DIt creates an inverse posting by resetting the transaction figures

How the community answered

(31 responses)
  • A
    81% (25)
  • B
    13% (4)
  • C
    3% (1)
  • D
    3% (1)

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Full C_TS4FI_2020 Practice