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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

  1. 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

  1. 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

  1. When setting up for Auto Allocation, you must add at least

    One account

    two accounts

    three accounts

    None of the above

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