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NEW QUESTION 50
When designing a report in Financial Reporting Studio, which condition should NOT be considered for a Financial Consolidation and Close (FCCS) report?
Answer: C
NEW QUESTION 51
Which statement is true regarding Data Management categories?
Answer: B
NEW QUESTION 52
For your
business process, you need to modify the results calculated by the Balance the Balance Sheet system rule.D18912E1457D5D1DDCBD40AB3BF70D5D Which is the proper method to modify the results of the default Balance the Balance Sheet calculation?
Answer: D
Explanation:
From the Consolidation Process page, select the Consolidated tab, and then selectConfigurable Consolidation.
Click the Create Rule Set.
Reference:
consolidation_creating_rule_sets.html
NEW QUESTION 53
P, Q, and R are children of a mid-level parent entity, AceCo. In February each entity has cash in the amounts of 10, 20, and 30, respectively, and AceCo has been consolidated and has cash of 60. A prior period adjustment to Q adjusts cash with a debit of 5.
Which statement regarding consolidation is correct?
Answer: B
NEW QUESTION 54
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