C_TS4FI Financial Accounting Practice Question
A financial accountant is analyzing a financial statement in SAP S/4HANA and notices that a particular G/L account shows a balance that is different from the sum of its line items. The accountant suspects that a posting was made with a different currency. Which field in the G/L account master record should be checked to ensure that the account is managed in the correct currency?
⚠ Common exam trap
The trap here is assuming that all G/L accounts are managed in the company code currency, when in fact an account can be configured with its own currency, leading to translation differences that affect the balance.
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Account Currency
The 'Account Currency' field in the G/L account master record defines the currency in which the account is managed. If the account currency differs from the document currency, amounts are translated, which can lead to differences between the account balance and the sum of line items in document currency. Therefore, checking this field is crucial when investigating such discrepancies.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Balance Sheet Account
Why it's wrong here
The 'Balance Sheet Account' indicator determines whether the account is a balance sheet account or a profit and loss account. It does not control the currency in which the account is managed. While it affects how the account is treated in financial statements, it is not relevant to currency discrepancies in line item sums.
- ✗
Open Item Management
Why it's wrong here
The 'Open Item Management' indicator controls whether the account is managed on an open item basis. It does not affect the currency of the account. While open item management can impact how line items are cleared, it does not cause balance discrepancies due to currency translation.
- ✗
Reconciliation Account Type
Why it's wrong here
The 'Reconciliation Account Type' is used to indicate whether the account is a reconciliation account for vendors, customers, or assets. It does not determine the account currency. This field is important for subledger integration but does not influence the currency management of the G/L account itself.
- ✓
Account Currency
Why this is correct
The 'Account Currency' field in the G/L account master record specifies the currency in which the account is managed. If the account is set to a currency different from the document currency, the system translates amounts into the account currency using the exchange rate. This can cause the account balance to differ from the sum of line items if the translation is not consistent. Checking this field is essential to diagnose currency-related discrepancies.
About these practice questions
One of 207 original C_TS4FI practice questions on Courseiva, each with a full explanation and wrong-answer analysis — not exam dumps or protected exam content. Learn why practice questions differ from exam dumps →
JA
Written and reviewed by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
Last reviewed September 2026 · checked against the official SAP exam blueprint
This C_TS4FI practice question is part of Courseiva's free SAP certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the C_TS4FI exam.