Knowledge quiz

It’s time to put what you’ve learned to the test, get all the questions right to pass this unit.

Q1.
What is the frequency and receiving period when running balance carryforward in group reporting?
There are two correct answers.
Q2.
At ABC Corportation, you’re getting ready for period 1 of the new year. Balance carryforward in group reporting is independent of balance carryforward in accounting.
Choose the correct answer.

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