Multiple choice technology

Which of the following is true.

  1. company code can have one retained earnings account only

  2. company code can have more than one retained earnings account

  3. chart of accounts can have one retained earnings account only

  4. none of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A company code can have multiple retained earnings accounts in SAP, which is necessary when using different chart of accounts or when business operations require separate tracking of retained earnings for different purposes. Option A is incorrect because the system supports multiple retained earnings accounts per company code.

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