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Q41. 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
Q42. 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
Q43. What effect does locking at the company level have on the closing version?
A. It ensures that a consolidation by steps cannot be run at the group level.
B. It ensures that journals associated with the closing version cannot be posted.
C. It ensures that intercompany adjustments cannot be entered in forms.
D. It ensures that security groups will function properly when consolidating.
Answer: B
Q44. A Controller administrator wants to eliminate intercompany balances prior to consolidating the data. To do this, the administrator must create a control table. What must the administrator specify for this control table?
A. Receivable/income accounts, payable/expense accounts, I/C difference posting
B. Receivable/income accounts, offset account, payable/expense accounts, I/C difference posting
C. Receivable/income accounts, payable/expense accounts, offset account
D. Payable/expense accounts, I/C difference posting, offset account
Answer: B
Q45. In how many submissions can a form be included for the same actuality and period?
A. 6
B. 1
C. 10
D. no limitation
Answer: B
Q46. What is the difference between entering historical rates and entering currency rates?
A. Currency rates are entered for active currency codes, while historical rates can be entered for any currency codes.
B. Currency rates are entered as rates, while historical rates are entered as fixed values in the local and translated currency.
C. Currency rates are actuality- and period-specific, while historical rates are account-specific.
D. Currency rates are multiplied by the conversion code, while the conversion code is ignored with historical rates.
Answer: B
Q47. A Controller administrator wants users to be able to enter data regarding investments in subsidiary companies. These companies are not external to the group company. What properties must the administrator specify for the relevant accounts?
A. Intercompany code A
B. Intercompany code A and investment code I
C. Investment code I
D. Intercompany code I and investment code I
Answer: B
Q48. What report can the administrator run to ensure that investments have eliminated correctly?
A. The Verify Structures report to the group
B. The report to view the summation accounts
C. The report to view the integrated accounts
D. The Reconcile Investments report for the group
Answer: D
Q49. 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
Q50. What happens when a main account type code is changed into a statistical account type code?
A. The account will no longer be included in the standard reports.
B. The account will be bypassed for balance control at data entry.
C. The change is not permitted; Controller will show an error message and change will not be saved.
D. An error message will show in the Verify Structures - Check Account Structures Report.
Answer: B