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C_TS4FI_2021 · Question #12

You perform foreign currency valuation for open items of you supplier accounts. The valuations will be used only for period end reposting and should them be reversed. What account does the system…

The correct answer is D. Adjustment G/L account for foreign currency. See the full explanation below for the reasoning.

Question

You perform foreign currency valuation for open items of you supplier accounts. The valuations will be used only for period end reposting and should them be reversed. What account does the system use to post the valuation differences?

Options

  • AAlternative reconciliation G/L account
  • BIndividual supplier accounts with special G/L indicator
  • CSupplier reconciliation G/L account
  • DAdjustment G/L account for foreign currency

How the community answered

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

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Full C_TS4FI_2021 Practice