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Q11. What negatively affects the performance of an Excel Link report?
A. The number and complexity of fGetVal functions
B. The buffer memory
C. Using Paste Codes in the report layout
D. Refreshing a worksheet instead of the workbook
Answer: A
Q12. An administrator wants to create a non-integrated movement account to track the sale of buildings. Which of the following is a valid account type for this movement account?
A. I-Income
B. R-Statistical account debit balance sheet account
C. A-Assets
D. I-Intercompany without Transaction Currency
Answer: B
Q13. What is the benefit of creating a security group?
A. It allows users to specify their own security requirements.
B. It allows the administrator to apply similar security to several users.
C. It allows the administrator to setup a firewall for all Controller data.
D. It allows users to create audit reports regarding internal controls.
Answer: B
Q14. A Controller administrator can enter which of the following combinations of currency rates for a given period and actuality?
A. Opening Period Rate, Average Period Rate, Closing Rate
B. Opening Period Rate, Current Period Rate, Closing Rate
C. Average Year Rate, Average Period Rate, Closing Rate
D. Average Quarterly Rate, Current Rate, Historical Rates
Answer: C
Q15. Where do the values for the currency conversion difference account1 and account2 come from?
A. From reconciliation of automatic journals. Account1 records differences from BS accounts; account2 records differences from PL accounts.
B. From reconciliation of the reported version. The differences are recorded in the integrated reserves when using the current method.
C. From active/passive reconciliation. The positive or negative difference is calculated from the Balance Sheet.
D. From reconciliation of automatic journals. The differences are recorded in the non-integrated reserves when using the current method.
Answer: C
Q16. What is the difference between currency conversion codes I and C?
A. Code I uses no currency conversion for the opening balance; code C copies prior year's average rate.
B. Code C copies prior year's average rate for opening balance; code I calculates prior year's closing rate
C. Code I calculates opening balance rate, code C copies the opening balance amount.
D. Code C copies prior year's average rate; code I uses prior year's closing rate for opening balance.
Answer: C
Q17. When importing external data files using import specification, which of the following are compulsory fields in the upload file?
A. Period, Consolidation Type. Company, Submission, Account, Amount
B. Period, Actuality, Company, Currency, Account, Amount
C. Period, Actuality,Company,Consolidation Type, Account, Amount
D. Period,Submission, Company,Currency,Account, Amount
Answer: B
Q18. After the administrator identifies and activates the automatic journals that will be used, what is the next step in enabling automatic journal entries?
A. Set up a closing version.
B. Setup intercompany accounts.
C. Set up a control table
D. Set up summation accounts.
Answer: C
Q19. End users want to enter data into the Controller system through data entry forms. The administrator wants to create a form for these users, and wants to be able to include any combination of actualities, periods, accounts, and dimensions on the rows and columns. What type of form must the administrator create?
A. Standard
B. Free
C. Matrix
D. Text
Answer: B
Q20. An administrator wants to enhance data analysis by adding extended dimensions to the Controller application (for example, to represent the products that the company sells). What is the maximum number of levels for extended dimensions that the administrator can add to the system?
A. 5
B. 4
C. 6
D. 3
Answer: C