C_TS4FI_2023 · Question #9
From which G/L account types are values shown in the profit and loss (P&L) statement? Note: There are 3 correct answers to this question.
The correct answer is B. Secondary Costs C. Non-operating Expense or Income D. Primary cost or Revenue. In SAP, G/L account types B (Secondary Costs), C (Non-operating Expense or Income), and D (Primary Cost or Revenue) all represent income or expense activity, which is exactly what the P&L statement captures. Primary costs/revenues are the core operating items (materials, wages…
Question
From which G/L account types are values shown in the profit and loss (P&L) statement? Note: There are 3 correct answers to this question.
Options
- ABalance Sheet Account
- BSecondary Costs
- CNon-operating Expense or Income
- DPrimary cost or Revenue
- ECash account
How the community answered
(43 responses)- A12% (5)
- B81% (35)
- E7% (3)
Explanation
In SAP, G/L account types B (Secondary Costs), C (Non-operating Expense or Income), and D (Primary Cost or Revenue) all represent income or expense activity, which is exactly what the P&L statement captures. Primary costs/revenues are the core operating items (materials, wages, sales); secondary costs represent internal cost allocations (e.g., overhead settlements in Controlling); and non-operating items cover things like interest income or gains/losses on asset disposal - all of which flow through P&L.
Why A and E are wrong: Balance Sheet Accounts (A) and Cash Accounts (E) are permanent accounts representing what a company owns or owes - they appear on the balance sheet, not the P&L. Cash is simply a subset of balance sheet assets.
Memory tip: Ask yourself, "Does this account track a flow (income/expense over a period) or a stock (balance at a point in time)?" P&L = flows (B, C, D). Balance sheet = stocks (A, E). If you can imagine it on a bank statement as a transaction rather than a balance, it belongs in the P&L.
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