Multiple choice technology packaged enterprise solutions

Leading Ledger is used in Kraft APAC for which GAAP?

  1. IFRS

  2. US GAAP

  3. Local GAAP

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

For US-headquartered multinational companies like Kraft Heinz, the group reporting standard is US GAAP, which is mapped to the Leading Ledger (0L) in SAP. Non-leading ledgers are typically used for local GAAPs or IFRS.

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