Question 1

Which two statements are true regarding the Intercompany Reconciliation Report? (Choose two.)

Options :

A : You can only drill down to the general ledger journal and then from there to the subledger journal entry.

B : This report can be run using an additional currency and conversion rate that converts all amounts into a common currency for comparison.

C : This report displays only the reconciled transactions. You need to further process automatic reconciliation to reconcile the unreconciled transactions

D : This report includes Ledger balancing lines generated when the primary balancing segment value (BSV) is in balance, but either the second or third BSVs are not

E : This report displays the intercompany receivables and intercompany payables balances in summary for a period.

Answer: A,B

Question 2

You entered a cross-validation rule to prevent the balance sheet cost center (000)from being used with Profit and Loss Accounts (4000-ZZZZ). The following combinations exist in the Code Combination table: 01-000-4110-00 01-000-5299-000 01-000-5105-000 01-000-7640-00 Which two statements are true regarding cross-validation rules?

Options :

A :

You need to run the Cross-Validation Rules process to list and optionally disable combinations that violate rules.

B : You need to run the Cross-Validation Rule Violations process to allow rules to apply to existing combinations that violate rules.

C : There is no need to create cross-validation rules if Dynamic Combination Creation Allowed is not enabled for your chart of accounts instance.

D : The rules validate and apply to new accounts only.

E : The rules will validate and apply tonew and existing accounts.

Answer: B,E

Question 3

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

Options :

A : Supervisory level approval

B : Cost center based approval

C : Dynamic Approval Groups

D : Management Chain approval

E : Approval Groups

Answer: A

Question 4

After completing a business requirement mapping session, it has been decided that only single Currency Journals will be entered for this Company. To achieve this requirement, on which two objects should you enable “Limit a Journal to a Single Currency”? (Choose two.)

Options :

A : Journal lookup codes

B : Ledger options

C : Journal sources

D : Journal category

E : Profile option

Answer: B,C

Question 5

You are planning to create an Income Statement using Smart View. Which Smart View tool should you use for this?

Options :

A : Smart Queries

B : Smart Slices

C : Ad Hoc Analysis

D : Query Designer

Answer: C

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