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splitQ41. Your client has created an adjustment journal. The adjustment must be made in a closed period where the journals have been archived. Which option should you select? A. Open the period and make the adjustment. B. Restore the archived journals and make the adjustment. C. Restore the archived journals and ledgers, open the period, make the adjustment, and restate financial statements i
splitQ31. Your tree for translating budget keys contains only nodes and no leaves in the hierarchy. This is an example of a_____. A. Spring tree B. Winter tree C. tree branch D. Summer tree E. Summary tree Answer: A Q32. Identify two statements that describe Standard Ledger Groups. A. Standard Ledger Groups allow one primary ledger. B. Standard Ledger Groups do not allow secondary ledge
splitQ21. In which primary ChartField(s) does Year End Close allow a company to close out P&L balances to retained earnings? A. Fund B. Account and Alternate Account C. Project D. Account and Department E. Department F. Operating Unit Answer: B Q22. You are setting up the ledgers in "Ledgers For A Unit." Which four items must be specified for each detail ledger before posting Busine
splitQ11. Which statement is FALSE about Standard Journals? A. Standard Journal Entries (SJEs) allow you to automate the entry of similar or identical journal entries. B. You must define a schedule for a Spread SJE typE. C. You can use a normal journal entry as a model for the SJE. D. A Recurring journal entry is an SJE type entry that is reproduced in its entirety on a fixed schedulE. Answe
splitQ1. The Compare across Ledgers inquiry has a maximum number of ledgers that can be in the criteria selection. What is the maximum number of ledgers? A. Two B. Three C. Four D. Five E. six Answer: A Q2. You provide the appropriate Inter/lntraUnit Template for a Business Unit on the_____page. A. Inter/lntraUnit Definition B. General Ledger Options C. General Ledger Definition –