SAP Exam C_TS4FI_2023 Topic 2 Question 17 Discussion

Actual exam question for SAP's C_TS4FI_2023 exam

Question #: 17
Topic #: 2

[All C_TS4FI_2023 Questions]

From which G/L account types are values shown in the profit and loss (P&L) statement? Note: There are 3 correct answe-rs to this que-stion.

ABalance Sheet Account

BSecondary Costs

CNon-operating Expense or Income

DPrimary cost or Revenue

ECash account

Show Suggested Answer

Suggested Answer: C

by Fausto at Sep 13, 2024, 03:28 AM

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Alverta

42 minutes ago

Ha, I can already see my classmates debating this one. 'But what about secondary costs?' Pfft, who cares about that? Just give me C and D, and I'll be good to go.

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This is a tricky one, but I think the key is understanding the difference between the balance sheet and the P&L. The P&L is all about revenue and expenses, not assets and liabilities. So A and E are out.

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Caprice

14 days ago

Yes, I agree. Non-operating Expense or Income is another type that appears in the P&L statement.

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Avery

15 days ago

I'm pretty sure the P&L doesn't include balance sheet accounts or cash accounts. Those are for the balance sheet, not the income statement. Gotta go with B, C, and D.

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Earlean

18 days ago

Hmm, I remember learning that the P&L statement includes primary costs and revenues, as well as non-operating expenses and income. Looks like options C and D are the way to go.

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Dudley

22 days ago

I believe Secondary Costs are also included in the P&L statement.

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Caprice

29 days ago

I think values from Primary cost or Revenue are shown in the P&L statement.

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SAP Exam C_TS4FI_2023 Topic 2 Question 17 Discussion

Contribute your Thoughts:

Alverta

Izetta

Caprice

Avery

Earlean

Dudley

Caprice