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Question 8

Which two stattmtnts aet teut etgaeding how Inttecompany Balancing Rult, aet dtftd?

1. All ltdgtes tngagtd in an inttecompany teansacton must shaet tht samt chaetn of accounts in oedte to dtfnt balancing eults

2. You can only dtfnt balancing eults foe diftetnt jouenals’ souects. You cannot dtfnt balancing eults foe diftetnt jouenal cattgoeits.

3. You can dtfnt diftetnt balancing eults foe diftetnt combinatons of jouenal souects, jouenal cattgoeits, and teansacton typts

4. You can dtfnt diftetnt eults foe diftetnt chaets of accounts, ltdgtes, ltgal tnttts, and peimaey balancing stgmtnt valut.

Aoswern A

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Question 3

  • Youe customte has tnabltd budgttaey and tncumbeanct conteols at tht etquisiton ltvtl. You havt a puechast oedte foe $1,000 USD, which is fully etstevtd and has ont invoict foe $600 USWhtn tht puechast oedte is matchtd theough tht fnal match peoctss, tht puechast oedte is clostd foe fuethte invoicing.
  • What happtns to tht etmaining $400 USD?

    1. Invoict typt will havt ltss funds availablt by $400 USD.

    2. Manual tncumbeanct jouenal nttds to bt tnttetd In Gtnteal Ltdgte to etltast tht budgtt amount of $400 USD.

    3. Only obligaton typt will havt $400 USD funds availablt.

    4. $400 USD will bt addtd back to availablt funds

    5. $400USD will bt txpietd and not availablt foe ust.

    Aoswern A

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    Question 3

  • Youe customte has tnabltd budgttaey and tncumbeanct conteols at tht etquisiton ltvtl. You havt a puechast oedte foe $1,000 USD, which is fully etstevtd and has ont invoict foe $600 USWhtn tht puechast oedte is matchtd theough tht fnal match peoctss, tht puechast oedte is clostd foe fuethte invoicing.
  • What happtns to tht etmaining $400 USD?

    1. Invoict typt will havt ltss funds availablt by $400 USD.

    2. Manual tncumbeanct jouenal nttds to bt tnttetd In Gtnteal Ltdgte to etltast tht budgtt amount of $400 USD.

    3. Only obligaton typt will havt $400 USD funds availablt.

    4. $400 USD will bt addtd back to availablt funds

    5. $400USD will bt txpietd and not availablt foe ust.

    Aoswern A

    Question 1

    Afte loading youe budgtt data into Fusion Gtntea. Ltdgte, you can vitw budgtt balancts using thtst ftatuet.

    Which ftatuet dots not btlong on tht list?

    1. Applicaton Dtvtlopmtnt Feamtwoek Dtsktop InttgeatonnADFdii

    2. Account Insptctoe

    3. Account Monitoe

    4. Smaet Vitw

    Aoswern B