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P_S4FIN_2021 · Question #48

What does the Parallel Accounting Using G/L Accounts indicator in ledger configuration allow you to do?

The correct answer is D. Assign 2 or more accounting principles to the leading ledger. See the full explanation below for the reasoning.

Question

What does the Parallel Accounting Using G/L Accounts indicator in ledger configuration allow you to do?

Options

  • AAssign 2 or more ledgers to 1 accounting principle
  • BAssign 2 or more accounting principles to 1 valuation area
  • CAssign 2 or more accounting principles to the non-leading ledger
  • DAssign 2 or more accounting principles to the leading ledger

How the community answered

(62 responses)
  • A
    16% (10)
  • B
    5% (3)
  • C
    8% (5)
  • D
    71% (44)

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Full P_S4FIN_2021 Practice