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NEW QUESTION 39
Where do non-historic currency translation adjustments normally post?Note: There are 2 correct answers to this question.

  • A. To the original FS item
  • B. To currency translation adjustment FS item
  • C. To acurrency translation adjustment subitem
  • D. To the original subitem

Answer: B,D

 

NEW QUESTION 40
You have the following hierarchy and intercompany transactions:

How many elimination entities are generated?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: B

 

NEW QUESTION 41
What does activity based consolidation of investments feature?
Note: There are 2 correct answers to this question.

  • A. Ownership percentages posted separately from investment values
  • B. Ownership percentages posted with investment values
  • C. Pre-defined posting logic
  • D. Custom posting logic

Answer: C,D

 

NEW QUESTION 42
……

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