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NEW QUESTION: 1

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

NEW QUESTION: 2

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

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 map legal entities to balancing segment values, then a clearing company can only be applied within a legal entity
B. 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
C. If you do not map legal entities to balancing segment values, then a clearing company can be applied to any journal within the ledger
D. Clearing companies are not supported
E. You must map legal entities to balancing segment values in order to use a clearing company
Answer: A,B,C