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NEW QUESTION: 1
Which three statements are true about data conversion rules? (Choose three.)
A. Chart of account conversion is required if the primary ledger and secondary ledger have the same chart of accounts structure.
B. The General Ledger Posting program uses the rules to determine which journals to automatically transfer to the secondary ledger during posting.
C. For calendar conversion, the journal effective date determines the correspondingnonadjusting period in the secondary ledger.
D. Journal conversion rules are applied to select the journals for transfer to the secondary ledger based on journal batches.
E. Currency conversion rules are required for consolidating primary and secondary ledgers only when their currencies are different.
Answer: B,C,E
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NIST-COBIT-2019 Offcial Page
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