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2021 May C2021-605 Study Guide Questions:
Q31. 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
Q32. Company A has a reconciliation difference in Sales (income account) of -1,000. and a Cost of Sales (cost account) of 1,001. The general configuration indicates that the status will be updated based on Total Difference. The largest difference that will be accepted for reconciliation is 1,000. What is the status for Company A?
A. Reconciled, because the net Active/Passive difference is 0
B. Processing, because Cost of Sales exceeds the largest acceptable difference
C. Reconciled, because the total difference between Sales and Cost of Sales is 101
D. Processing, because Active/Passive difference must always be zero
Answer: D
Q33. 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
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Q34. 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
Q35. What do control tables allow the administrator to do?
A. Define the accounts where the elimination of acquisition values will be booked
B. Perform currency conversion and book differences to a specified account
C. Input and specify the details of investments and how they should be eliminated
D. Choose a predefined automatic journal to be used for acquisition calculations
Answer: A
Q36. 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
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Q37. 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
Q38. Which of the following is a valid combination for a standard form?
A. Four (4) extended dimensions on rows and periods on columns
B. Base accounts on rows and actualities on columns
C. Companies on rows and periods and actualities on columns
D. Movement extensions on rows and group journals on columns
Answer: C
Q39. 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
Q40. 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