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NEW QUESTION 20 What attribute of a subledger journal entry is NOT transferred to GL?

  • A. Accounted amounts
  • B. Accounting lines
  • C. Supporting references
  • D. Accounting class

Answer: B   NEW QUESTION 21 Based on a unique combination of which two components is a new standard Balance cube automatically created for a primary or secondary ledger?

  • A. Calendar and currency.
  • B. Chart of account and convention.
  • C. Chart of account and calendar.
  • D. Chart of account and currency.

Answer: C   NEW QUESTION 22 Given the business use case: 'New Trucks' runs a fleet of trucks in a rental business In the U.S. The majority of the trucks are owned; however, in some cases, 'New Truck' may procure other trucks by renting them from third parties to their customers. When trucks are leased, the internal source code is 'L'. When trucks are owned, the internal source code is 'O'. This identifies different accounts used for the Journal entry. Customers sign a contract to initiate the truck rental for a specified duration period. The insurance fee is included in the contract and recognized over the rental period. For maintenance of the trucks, the "New Trucks* company has a subsidiary company 'Fix Trucks' that maintains its own profit and loss entity. To track all revenue, discounts, and maintenance expenses, 'New Trucks' needs to be able to view: total maintenance fee, total outstanding receivables, rental payment discounts, and total accrued and recognized insurance fee income. What do you do to enable costs flow from 'New Truck' to 'Fix Truck'?

  • A. Enable chart of accounts rule
  • B. Enable intercompany balancing option
  • C. Enable legal entity rule
  • D. Enable balancing rules

Answer: B   NEW QUESTION 23 ......