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NEW QUESTION 26
Your customer is implementing budgetary control with encumbrance accounting. Your customer has businesses in Australia, NewZealand, and Singapore with a ledger in each country with a Corporate chart of account instance that has four segments. Which three statements are true regarding the creation of a control budget? (Choose three.)

A. The control budget structure has all thechart of account segments as budget segmentsB. A control budget can allow override rules only if the control level is absoluteC. A control budget can be associated with a different calendar than accounting calendarD. A control budget is associated to a ledger and creates three control budgets for Australia, New Zealand, and SingaporeE. Control budgets are always absolute to generate encumbrance accounting

Answer: B,C,E

 

NEW QUESTION 27
Which AMX builder method is most effective in routing the journals to the Accounting Manager when his subordinate, The General Accountant, enters a journal?

A. Management Chain approvalB. Dynamic Approval GroupsC. Approval GroupsD. Supervisory levelapprovalE. Cost center based approval

Answer: D

 

NEW QUESTION 28
You are reconciling your subledger balances and you need a report that includes beginning and ending account balances and all transactions that constitute the account's activities.
What type of report will provide this type of information?

A. Aging ReportsB. anOnline Transactional Business Intelligence (OTBI) report to create ad hoc queries on transactions and balancesC. Account Analysis ReportsD. Journals Reports

Answer: C

 

NEW QUESTION 29
Account combinations can be created and/or modified using the Import Account Combinations file- based data import (FBDI).Which represents the appropriate upload steps?

A. Submit the Import Account Combinations process, then insert rows into the GL_MULTI_COMBINATIONS_INT table using the FBDI template.B. Insert rows into the GL_MULTI_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process.C. Submit the Import Account Combinations process, then insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template.D. Insert rows into the GL_BULK_COMBINATIONS_INT table using the FBDI template and then submit the Import Account Combinations process.

Answer: D

 

NEW QUESTION 30
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