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NEW QUESTION: 1
Your company wants to change the Cumulative Translation Adjustment (CTA) account to record gains/losses from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?
A. Query the Translation journals and delete all of them, then change the CTA account in the Ledger page, and rerun Translation for all periods required.
B. Purge all translated balances, change the CTA account in the Ledger page, and rerun Translation for all periods required.
C. Open the Ledgers page and update the CTA account and then rerun Translation for all periods required.
The system will automatically update the translated balances.
D. Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.
Answer: B
Explanation:
Explanation
To avoid data corruption, your cumulative adjustment account (CTA) can only be changed if you first perform the following set of steps:
References:
NEW QUESTION: 2
DRAG DROP
Answer:
Explanation:
NEW QUESTION: 3
The AIX operating system release and service strategy offers customers which of the following benefits?
A. Three years of support for each AIX Technology Level
B. One year of on-site support for any AIX defect that causes downtime
C. Lifetime Technology Level support for AIX during the life of the hardware
D. One time no-charge upgrade of AIX while system has a maintenance contract in place.
Answer: A
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