Which of the following currency types can you set in customizing activity "define setting for ledgers and currency type"? There are 2 correct answers to this question.

Question

Options

• AGroup currency
• BTransaction currency
• CMaterial ledger currency
• DLocal currency

• A
  90% (43)
• B
  6% (3)
• C
  4% (2)

Explanation

In SAP's "Define Settings for Ledgers and Currency Types" activity, Group currency (A) and Local currency (D) are valid, configurable currency types that can be assigned to a ledger - Local currency represents the company code currency, while Group currency is used for consolidated corporate reporting across entities.

Transaction currency (B) is incorrect because it is the originating document currency captured automatically on every posting; it is not a currency type you configure at the ledger level in this activity. Material ledger currency (C) is incorrect because it belongs to the Material Ledger component for inventory valuation purposes and is not available as a currency type option within ledger settings customization.

Memory tip: Think "GL currencies" - Group and Local are the ones you configure in ledger settings. Transaction currency flows in automatically, and Material Ledger currency lives in a completely different module.

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