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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Period Close and Financial Reporting | 15% | - Generate financial statements and reports - Manage accounting periods - Perform revaluation, translation, and consolidation - Use Financial Reporting Studio and Smart View |
| Topic 2: Intercompany and Intracompany Balancing | 10% | - Configure intercompany transactions - Process and reconcile intercompany entries - Set up intracompany balancing rules |
| Topic 3: Budgetary Control and Encumbrance Accounting | 10% | - Configure budgetary control - Set up encumbrance accounting - Monitor budget balances and control |
| Topic 4: Journal Processing | 20% | - Perform journal adjustments and reversals - Create and approve journal entries - Import and post journals - Manage allocations and recurring journals |
| Topic 5: Ledgers and Accounting Setup | 25% | - Define data access sets - Set up subledger accounting - Define ledgers and ledger sets - Configure currencies, calendars, and accounting conventions |
| Topic 6: Enterprise and Financial Reporting Structures | 20% | - Define enterprise structures - Configure chart of accounts - Define financial reporting structures - Manage segment value security |
You want to define an allocation rule where segment values are constants for rules and formulas. What should you do?
Correct Answer: A 🗳️
After Loading your ledger data into General Ledger cloud, you can view budget balances using those features. Which feature does not belong on list?
Correct Answer: D 🗳️
Which AMX builder method is most effective in routing the journals to the Accounting Manager when his subordinate, The General Accountant, enters a journal?
Correct Answer: B 🗳️
Your customer has a large number of legal entities. The legal entity values are defined in the company segment which represents the primary balancing segment. They want to easily create eliminating entries for their intercompany activity. What would you recommend?
Correct Answer: D 🗳️
How do Cross Validation Rules (CVRs) handle existing violations in the Code Combinations Identification (CCID) table?
Correct Answer: D 🗳️
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