Answer / riz

Co Codes are assigned to Controlling Area.Many company
codes can be assigned to 1 controlling area (1 to many
relationship).But, 1 Co code cannot be assigned to more
than 1 Controlling area

Answer / pratik pandey

Company Code is a legal entity for which Financial
Statement like Profit & Loss,Balance Sheet are generated.

The controlling area is the highest organizational level
within CO. It must exist before Cost Center Accounting
(CCA) can be used. A controlling area will be created on a
one-to-one basis with the company code created in FI

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