Online Access Free 1Z0-522 Practice Test

Your client wants you to help them define their business units. Which statement is TRUE regarding business units?

• A.Business units do not allow category codes.
• B.Business units are duplicated in each company.
• C.Business units are the lowest organizational reporting level for your company.
• D.Business units coded with a 'BS1 in the Business Unit type field cannot be used for income statement accounts.
• E.Business units do not allow level of detail.

Which of the following statements is TRUE about processing options?

• A.Changes made to processing options will be saved immediately.
• B.The user can perform an audit trail on processing option changes.
• C.When a report run is finished the processing options will be restored to the default value.
• D.Changes made to processing options are logged for future reference.
• E.Access to processing options cannot be secured.

You are going through the month end close process. How should you correct missing batch header records?

• A.On the Batch Header Revision form, add the batch header record again.
• B.Run the global batch program to assign batch header records to detail records.
• C.On the General Journal Review form, type the batch header record into the grid
• D.Repost the batch to reattach the batch header record.
• E.Use the Universal Table Browser to add missing batch header records.

You can enter journal entries that automatically reverse in the following accounting period. Which two possible G/L dates could the system assign to the reversing entry?

• A.The first day of the next accounting period
• B.The last day of the current accounting period
• C.The last day of the first week of the next accounting period
• D.The last day of the next accounting period
• E.The 15th day of the next accounting period

Your client needs assistance in setting up allocations for the company.
When you review allocation journal entries, the allocations review displays only batches with the batch type_____; if you make changes to the batch, the system updates the_____; and_____; tables.

• A.D, Account Ledger, Account Balance
• B.D, Batch Control, Account Ledger
• C.G Account Ledger, Account Balance
• D.A, Account Ledger, Account Balance,
• E.A, Batch Control, Account Ledger