In SAP S/4HANA Cloud Public Edition, the asset class plays a crucial role in defining key aspects of asset accounting: C. The Default Depreciation Key: It specifies the standard rules for calculating depreciation for assets in this class, affecting how asset value decreases over time. D. The G/L Accounts for Asset Transactions: Asset classes determine which General Ledger accounts are impacted by transactions involving assets, such as acquisitions, retirements, and depreciation postings. E. The Balance Sheet Structure: Asset classes help organize assets in the balance sheet by categorizing them, which aids in financial reporting and analysis.
References:
SAP S/4HANA Cloud Asset Accounting documentation
SAP Financials configuration and user guides

Comprehensive and Detailed in Depth Explanation:The "Depreciation Posting Run" app in SAP S/4HANA Cloud offers multiple functionalities.
* A:Correct. Depreciation details are visible in the FI document.
* B:Correct. Reversals are possible via the app.
* C:Correct. Separate runs per ledger are supported in multi-ledger setups.
* D, E:Incorrect. Cancellation and individual asset test runs are not standard features.References:SAP Help Portal - "Depreciation Posting Run."

Comprehensive and Detailed in Depth Explanation:Configuration values are gathered early in SAP CBC.
* A:Correct. BDCQ collects configuration inputs.
* B, C, D:Incorrect. These are tracking or reference tools.References:SAP Help Portal - "SAP Central Business Configuration."

Comprehensive and Detailed in Depth Explanation:The general data segment of a customer business partner in SAP S/4HANA Cloud is maintained at the business partner level, not company code-specific.
* A:Correct. Communication language is set in the general data (e.g., BP role FLCU01).
* C:Correct. Payment method is part of general payment data, applicable across company codes unless overridden.
* B:Incorrect. Bank key is maintained in the payment transactions tab, not general data.
* D:Incorrect. Company code is specific data, not part of the general segment.References:SAP Help Portal - "Business Partner Maintenance in SAP S/4HANA."