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NEW QUESTION: 1
A multinational enterprise acquires a company in a country which has local reporting requirements. The multinational enterprise wants to use one operational chart of account for all companies.
How can you fulfill this country-specific requirement?
A. Create a group chart of accounts and assign it to the company code.
B. Create a country-specific chart of accounts and assign it to the regular chart of accounts.
C. Create a country-specific chart of accounts and assign it to the company code.
D. Create a country-specific chart of accounts and assign it to the group chart of accounts.
Answer: C

NEW QUESTION: 2
Ursa Major Solar recently enabled the multiple currencies feature. As a result, which currency will be used as the foundation for all currency conversion rates?
A. Personal currency
B. Active currency
C. Corporate currency
D. Record currency
Answer: C

NEW QUESTION: 3
Regarding cost analysis of compensation expense, which job is most likely to incur fixed costs for the company?
A. Account executive
B. HR Director
C. Production worker
D. IT contractor
Answer: B