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NEW QUESTION 23
Which three objectives must be considered when designing the chart of accounts? (Choose three.)

  • A. Limit the number of segments to those you need today to reduce data entry
  • B. Try to use all 30 segments and 25 characters per segment because you cannot change it later
  • C. Effectively manage an organization's financial business
  • D. Consider implementing a single, global chart of accounts
  • E. Anticipate growth and maintenance needs as organizational changes occur

Answer: C,D,E

 

NEW QUESTION 24
You want to achieve multi-step cascading allocations, which feature do you use?

  • A. Formulas
  • B. RuleSets
  • C. General Ledger journal entries
  • D. Point of View (POV)

Answer: B

Explanation:
Reference:
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NEW QUESTION 25
While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created. Which two options explain that? (Choose two.)

  • A. The Account Rule's conditions are not defined
  • B. The Account Rule is defined with a different chart of accounts form the Journal Entry Rule Set
  • C. The Account Rule's chart of accounts has no account values assigned
  • D. The Account Rule is using sources assigned to different event classes from that of the associated Journal Entry Rule Set

Answer: B,D

 

NEW QUESTION 26
Which two methods can your General Ledger accountants use to more easily view large amounts of data contained in the tables in their work areas? (Choose two.)

  • A. Use the Freeze feauture on the tables to scroll through large amounts of data
  • B. Export the table to Excel
  • C. Detach the table to resize it to the maximum size of the monitor.
  • D. Run a Business Intelligence Publisher report with Excel as the output format

Answer: A,C

 

NEW QUESTION 27
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