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Q31. A multi-page Excel Link report contains several Controller functions on every worksheet. In order to improve performance when running the report, how should the functions be organized in the report?
A. Name the worksheets in alphabetical order and insert all functions on the last Excel worksheet.
B. Name the worksheets in alphabetical order and insert all functions on the first Excel worksheet
C. Functions should be split evenly between worksheets, and hidden in system columns A. B, and
C.
D. Functions should be split evenly between worksheets. and hidden in system rows 1 to 27.
Answer: B
Q32. How can an administrator validate company structures to ensure that they meet the application's rules?
A. Verify Structures menu
B. Verify Companies menu
C. Company structure log file
D. Consolidation structures log file
Answer: A
Q33. 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
Q34. An administrator is creating a standard data entry form for end users. On which tab must the administrator specify the type of information that will be shown on the rows and columns of the form?
A. Axes tab
B. Reorder tab
C. Process Layouts tab
D. Lock tab
Answer: A
Q35. When is a group company used?
A. When manual journals are needed
B. When many parent companies are needed
C. When consolidated figures need to be stored
D. When automatic journals need to be created
Answer: C
Q36. Company ABC has a journal type GAAP accrual that exists on their books for consolidation purposes. However, this accrual should not be included in the final consolidation. Several other companies also have journal type GAAP entries that need to be excluded from the final consolidation. How should this be done?
A. Create GAAP journals in a journal type that can be excluded from the closing version used for the final consolidation
B. Create a fictitious company in the same group as company ABC, and then copy company ABC's journals to it with reversing signs C. Copy all other company GAAP journal types into a new journal type, and then exclude existing non-GAAP journaltypes from the closing version
D. Create a fictitious company in the same group as company ABC, and then copy company ABC's journals to a single group journal
Answer: A
Q37. An administrator created multiple submissions for the period 0812. Why would an administrator create multiple submissions for the same period?
A. To enter data from multiple companies
B. To create multiple forms
C. To enter data for different reporting occasions
D. To create a report book with different reports
Answer: C
Q38. In Controller's General Configuration, an administrator can specify that reconciliation is to be performed by journal type on what other basis can reconciliation be performed?
A. by form structure
B. by closing version
C. by structure version
D. by company structure
Answer: B
Q39. Currency conversion should be performed after which activity?
A. Automatic journals have been configured.
B. Period data has been entered and adjusted using journal entries.
C. Intercompany transactions have been reconciled.
D. Shareholdings and investments data has been entered.
Answer: B
Q40. The administrator activated the Set Status for Submission to Ready After Reconciliation and the Use Period Locking on Company Level. What is the effect?
A. Submissions and reconciliations are locked and company status is set to ready
B. Company status is set to ready and submissions and reconciliations are started
C. Company status is set to ready and submissions are locked if reconciliations cleared
D. Submission is allowed only once per company when status is set to ready
Answer: C