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Q31. Data access for the Sales office in China needs to be limited to only the products (extended dimension 1) that the office distributes. What is the most appropriate way to customize the data entry view for this location? 

A. Create a security group to limit the products available for use. 

B. Create a linked structure and limit the products available for use. 

C. Create a linked structure to limit the data entry forms available for use. 

D. Not possible to do this in Controller. 

Answer: B 


Q32. An administrator created a company journal. The administrator then added several transactions to the journal. The accounts in these transactions use currency conversion code I. By default, if there is no amount for the previous year (no local amount or converted amount), what rate is used to convert the local amount for the current year? 

A. The previous year's closing rate 

B. The previous year's opening rate 

C. The previous year's average rate 

D. The previous year's data is not used 

Answer: A 


Q33. Which of the following correctly describes the process of creating a form for movement accounts? 

A. Define a matrix form with base accounts in columns and generated movement extensions in rows. 

B. Define a intercompany form with base accounts in rows and generated movement extensions in columns. 

C. Define a standard form with base account in column and generated movement extensions in rows. 

D. Define a text form with base accounts in rows and generated movement extensions in columns. 

Answer: C 


Q34. The controller has legal data with no extended dimensions and needs to lock these values once reconciled. They also have detailed extended dimensions management data that should reconcile to the legal data, but kept separate from the legal data. How can the Controller achieve this? 

A. Create separate companies 

B. Create separate consolidation types 

C. Create linked actualities 

D. Create two submissions 

Answer: D 


Q35. In the process of eliminating acquisition values from the Controller system, an administrator has created an acquisition control table. What must the administrator define in the lower half of the control table? 

A. The from and to accounts, and the sign convention to use. 

B. The from and to accounts, and the offset account. 

C. The from and to accounts, and the data entry form to use. 

D. The from and to accounts, and whether values should be eliminated or copied. 

Answer: A 


Q36. Which of the following best explains the difference between the currency conversion difference account1and conversion difference account2? 

A. Conversion difference account1 is used for Method 1 currency conversion and account2 is used for Method 2 

B. Conversion difference account1 is used if the BS/PL reserve account is non-integrated; account2 is used if the BS/PL account is integrated. 

C. Conversion difference account1 is used to book positive currency conversion; account2 is used to book negative currency conversion. 

D. Conversion difference account1 is often the unrestricted reserves account and account2 the restricted reserve account. 

Answer: C 


Q37. End users report data on a weekly basis. They want to be able to work with as many weeks as possible in a single fiscal year. When configuring the application, what is the maximum number of weeks that an administrator can specify for a year? 

A. 52 

B. 53 

C. 12 

D. 13 

Answer: B 


Q38. When creating an integrated movement account, what must an administrator connect to the base account? 

A. Closing balance of the movement account 

B. One or more company structures 

C. One or more extended dimensions 

D. Closing balance of the company journal 

Answer: A 


Q39. What is the purpose of the offset account in control tables? 

A. It reconciles currency conversion differences resulting from journals. 

B. It is where investment and elimination details are inputted. 

C. It is where differences resulting from automatic journals are booked. 

D. It allows the user to activate and enable intercompany journals. 

Answer: C 


Q40. An administrator needs to build a report that compares balance sheet accounts for different periods. The report needs to be run quickly for what-if scenarios throughout the year. What report would best meet this need? 

A. Intercompany reports with drilldown 

B. Report book built in the Controller application 

C. Trial Balance with Drilldown report exported to Excel 

D. Excel Link report that uses Controller functions and paste codes 

Answer: D