Financial Closing
"You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different value for the 2 different accounting principles.
How can you set this up in the system?"
A . Define two valuation methods and assign the ledger groups to the new valuation method.
B . Define two valuation ares and two accounting principles witth relevate links to ledgers.
C . Define two valuation methods and assign the accounting principles to the new valuation methods.
D . Define two valuation ares and two extension ledgers with relevant links to accounting principles.
Answer: C
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