SAP Exam C_S4FCF_2023 Topic 9 Question 12 Discussion

Actual exam question for SAP's C_S4FCF_2023 exam

Question #: 12
Topic #: 9

[All C_S4FCF_2023 Questions]

You prepare the FI/CO initial load. For which type of accounts must you create a substitution account?

ANon-operating expense or income accounts

BAsset reconciliation accounts

COpen item managed accounts

DTax accounts

Show Suggested Answer

Suggested Answer: C

by Skye at Sep 16, 2024, 07:01 AM

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Timothy

2 months ago

Hey, as long as the auditors don't find out, any account is a substitution account, right?

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Margot

2 months ago

A) Non-operating expense or income accounts? Really? I thought we were supposed to avoid those like the plague. Substitution account, here I come!

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Xenia

2 months ago

B) Asset reconciliation accounts, for sure. You gotta have those substitution accounts to keep the bean counters happy.

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Walker

1 months ago

C) Tax accounts also need to be considered when preparing the FI/CO initial load.

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Detra

1 months ago

B) Yeah, having those substitution accounts in place is key for a smooth process.

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Willodean

1 months ago

A) Asset reconciliation accounts are definitely important for the initial load.

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Audria

2 months ago

D) Tax accounts sounds like the correct answer to me. I mean, who wants to mess with the tax man? Better create a substitution account just in case.

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Jaime

1 months ago

D) Tax accounts

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Carolynn

1 months ago

C) Open item managed accounts

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Desire

1 months ago

D) Tax accounts is definitely the one to create a substitution account for.

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Carolynn

1 months ago

D) Tax accounts

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Macy

1 months ago

A) Non-operating expense or income accounts

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Altha

1 months ago

D) Tax accounts is the correct answer. It's better to be safe than sorry when it comes to taxes.

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Krystina

2 months ago

D) Tax accounts

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Dierdre

2 months ago

C) Open item managed accounts

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Gail

2 months ago

B) Asset reconciliation accounts

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Lenna

2 months ago

A) Non-operating expense or income accounts

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Tamesha

2 months ago

B) Asset reconciliation accounts

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Stefania

2 months ago

A) Non-operating expense or income accounts

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Brice

2 months ago

I believe we also need to consider creating a substitution account for asset reconciliation accounts.

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Kara

3 months ago

I agree with Arlette. Open item managed accounts are crucial for the initial load.

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Arlette

3 months ago

I think we need to create a substitution account for open item managed accounts.

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Blair

3 months ago

I think the answer is C) Open item managed accounts. That's where you need to create a substitution account for the initial load, right?

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Sharee

2 months ago

That's right. It is important to create a substitution account for open item managed accounts during the FI/CO initial load.

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Allene

3 months ago

Yes, you are correct. Open item managed accounts require a substitution account for the initial load.

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