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NEW QUESTION: 1

A. Option C
B. Option A
C. Option B
D. Option D
Answer: D

NEW QUESTION: 2

A. Option A
B. Option B
C. Option D
D. Option C
Answer: D

NEW QUESTION: 3
Your customer wants to use a clearing company to automatically balance intercompany entries.
Which three statements are true regarding the use of a clearing company value? (Choose three.)
A. If you do not map legal entities to balancing segment values, then a clearing company can be applied to any journal within the ledger
B. You must map legal entities to balancing segment values in order to use a clearing company
C. If you map legal entities to balancing segment values, then a clearing company can only be applied within a legal entity
D. Clearing companies are not supported
E. If you choose to use a clearing company, you can define a default clearing company value or select the clearing company value directly in the general ledger journal
Answer: A,C,E