Is sap-fica correct or sap-fico correct?

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Both of them are correct. They are just different modules.
FI-CO is Controlling module
FI-CA is a module for running Contract Acoounts. Usuallu used for Utilities in cooperation with IS-U module.

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What is SAP FICA?  Sap fico life cycle?  What does SAP FI-CO mean?  Detail short description of sap fico?  Difference between sap fico and fica?  How opportunity in india for sap-fico?