SAP Exam P_S4FIN_2023 Topic 1 Question 19 Discussion

Actual exam question for SAP's P_S4FIN_2023 exam

Question #: 19
Topic #: 1

[All P_S4FIN_2023 Questions]

In which of the possible scenarios can you indicate that an account is also a statistical cost element?Note: There are 2 correct answers to this question.

AIt is used as WIP account from price differences in the material account assignment

BIt is used as balance sheet account for APC costsin fixed asset accounting.

CIt is used as inventory account (BSX) in the material account assignment.

DIt is used as special reserve balance account in fixed asset accounting.

Show Suggested Answer

Suggested Answer: A, B

by Mignon at Nov 19, 2024, 11:23 AM

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Annamae

5 months ago

Ah, the age-old question of statistical cost elements. B and D are the way to go, my friends. Unless, of course, you're an accountant who likes to live on the edge. *winks*

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Sanda

3 months ago

No, those options are not related to statistical cost elements.

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Cristen

4 months ago

So, it's not A or C then?

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Huey

4 months ago

I agree, those are the scenarios where an account can be a statistical cost element.

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Sylvie

4 months ago

I think B and D are the correct answers.

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Juliann

5 months ago

B and D, definitely. I mean, who even uses a WIP account for price differences? That's just absurd. *chuckles*

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Ranee

4 months ago

B) It is used as balance sheet account for APC costs in fixed asset accounting.

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Albina

4 months ago

A) It is used as WIP account from price differences in the material account assignment

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Youlanda

5 months ago

I'm not sure about D, but A and C make sense to me based on the rationale provided.

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Ressie

5 months ago

Hmm, this is a tricky one. I'm leaning towards B and D as the correct answers, but I'm not 100% sure. Better double-check the definitions of statistical cost elements.

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Lura

5 months ago

A and C seem more like transactional accounts, not statistical cost elements. I'd go with B and D.

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Santos

5 months ago

Statistical cost elements are different from regular accounts, B and D are the ones that qualify.

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Lenna

5 months ago

A and C are more related to transactions, B and D are the ones that fit the criteria.

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Cherri

5 months ago

I agree, B and D are the correct answers for indicating an account as a statistical cost element.

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Reita

5 months ago

I agree with Stephane, because those scenarios involve using the account as part of material account assignment.

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Stephane

5 months ago

I think the correct answers are A and C.

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I think the correct answers are B and D. The account used for APC costs in fixed asset accounting and the special reserve balance account in fixed asset accounting can both be considered statistical cost elements.

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Avery

5 months ago

Good job on identifying the correct answers!

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Mendy

5 months ago

That's right. The special reserve balance account in fixed asset accounting is also considered a statistical cost element.

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Lamar

5 months ago

Yes, you are correct. The account used for APC costs in fixed asset accounting is a statistical cost element.

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Jame

5 months ago

I think the correct answers are B and D.

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SAP Exam P_S4FIN_2023 Topic 1 Question 19 Discussion

Contribute your Thoughts:

Annamae

Sanda

Cristen

Huey

Sylvie

Juliann

Ranee

Albina

Youlanda

Ressie

Lura

Santos

Lenna

Cherri

Reita

Stephane

Fletcher

Avery

Mendy

Lamar

Jame