SAP Financial Accounting (SAP FI) Practice Exam

What is typically included in the field status groups at the GL level?

1. Credit limits and bond terms

2. Acceptance criteria and program guidelines

3. Fields that control the posting of line items

4. Investment and depreciation accounts

The correct answer is: Fields that control the posting of line items

The correct choice focuses on the fields that control the posting of line items in the General Ledger (GL). In SAP, field status groups determine which fields are mandatory, optional, or suppressed when entering transactions in the GL. This ensures that only relevant data is captured during postings, streamlining the process and enhancing data integrity. By setting specific field statuses at the GL level, a company can control how information is recorded, which can help prevent errors and ensure compliance with financial standards. For example, certain fields may be required for specific types of transactions, while others may simply be optional, depending on the accounting needs of the organization. In contrast, other options relate to different aspects of financial management or accounting that do not pertain directly to the field status groups in the context of GL posting. Thus, the focus on fields that regulate posting line items is what makes this choice the correct answer.