Financial Accounting requires compliance with standards like GAAP, and is used for reporting to external users (e.g. income statements and balance sheets). True False Question 2 1 pts You are a consultant speaking with a prospective client. The client is very interested in implementing MM and doing procurement through SAP. However, they want to use their existing financial accounting software and avoid any configuration of the FI module in SAP. You should tell the client that this is not a problem. They can skip the Fl configuration and begin configuring MM. True False Which of the following would be considered part of a company's "enterprise structure?" Mark all that apply. General Ledger Accounts Number Range Company Code Field Status Variants Question 4 1pts The general ledger is the complete record of all financial business transactions of an organization. True False