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13. In order to be able to post business transactions, the for the US company code need to be initialized (and set to the current

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13. In order to be able to post business transactions, the for the US company code need to be initialized (and set to the current month). 14. There are 7 different G/L account groups. What are they? 15. For every business transaction with effect on Managerial Accounting, at least one needs to be created. In order for these documents to be uniquely identifiable, a number range has to be defined. 16. A account is the net income that is reinvested into the company. This account is assigned to each profit and loss account by specifying a profit and loss statement account type in the chart of accounts area of each profit and loss account. 17. A is responsible for all procurement activities of one or more company code. A is an organizational unit in procurement of the material management module. 18. You create three GBI plants (Dallas, Miami, and San Diego). A plant can be a a a or an . A plant is assigned to one company code only. 19. A has a description and at least one address; in addition, it can be assigned to a number in the warehouse management system. You can assign more than one to the same warehouse number within a plant. 20. A is a buyer or group of buyers who are responsible for internal procurement of a material or class of materials and the principal channel for how Global Bike Inc. deals with its vendors

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