Question
QUESTION 5 To set an account as a control account, you would: Choose the G/L accounts/Accounts/Auto Allocation Choose the G/L accounts/Accounts/Control Account/Inactive Choose the G/L
QUESTION 5
-
To set an account as a control account, you would:
Choose the G/L accounts/Accounts/Auto Allocation
Choose the G/L accounts/Accounts/Control Account/Inactive
Choose the G/L accounts/Accounts/Control Account then type the subledger
Choose the G/L accounts/Accounts/Auto Allocation then enter the accounts and percentage
QUESTION 6
-
Distribution codes are:
Codes that can be used to enter transactions
Identifies a type of transaction
Codes which are not linked to an account number
QUESTION 7
-
When setting up for Auto Allocation, you must add at least
One account
two accounts
three accounts
None of the above
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started