It’s time to put what you’ve learned to the test, get 3 questions right to pass this unit.
1.
When you book a group journal to the balance sheet and income statement, automatic account assignment determines offsetting entries. Selected items are default FS items used to keep the income statement and balance sheet in balance.
Choose the correct answer.
2.
You are configuring the workflow definition so that users must submit their group journals for approval. How can you trigger a workflow?
There are two correct answers.
3.
You are configuring substitution rules to control your group journals. When you create the substitution, you can select from accounting and consolidation related fields in group reporting.