It’s time to put what you’ve learned to the test, get 4 questions right to pass this unit.
1.
You are running the ICMR integrated elimination from the consolidation monitor. After running the elimination, the Elimination Status in the Manage Reconciliation Close app, is Completed.
Choose the correct answer.
2.
In your group reporting implementation, you need to separate transaction from currency translation differences. You should use a reclassification rule.
Choose the correct answer.
3.
You are configuring the ICMR integrated elimination. The elimination method uses posting logic from a reclassification rule.
Choose the correct answer.
4.
You are using the Intercompany Matching and Reconcilation integrated elimination. In a posting rule, true variances are posted to the Transaction Difference FS item.
Choose the correct answer.
5.
ABC Corporation is using the ICMR integrated elimination. The document type for integrated eliminations is set up for posting level 30.