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NEW QUESTION 24
Given the subledger journal entry:

Note that the first segment is the primary balancing segment.
Which statement is True regarding this subledger journal entry?

A. It is not balanced by entered currency.B. It appears correct.C. It is not balanced by balancing segment.D. It is not balanced by entered amounts.

Answer: C

 

NEW QUESTION 25
You are explaining to an accountant that account override is an adjustment feature of Subledger Accounting.
Which two traits can help you explain this feature?

A. The account override feature allows users to record a reason for the adjustment.B. The account override feature provides an audit trail by preserving the original subledger journal entry.C. The account override feature is only intended to correct subledger journals that have been posted.D. The account override feature adjusts the original source transaction.

Answer: A,B

 

NEW QUESTION 26
Which two actions can you accomplish for a registered source system?

A. Modify the subledger application name as long as there are no pending accounting entries.B. Add new event classes through the user interface.C. Import the source system registration spreadsheet template multiple times as long as there are no accounting rules created yet.D. Revise source Information through the user interface and add more sources.

Answer: C,D

 

NEW QUESTION 27
......

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