1Z0-516 · Question #83
ABC.com's global chart of accounts structure includes the Company (balancing) segment and Intercompany segment (with Intercompany segment qualifier) in order to properly identify the intercompany…
Sign in or unlock 1Z0-516 to reveal the answer and full explanation for question #83. The question stem and answer options stay visible for context.
Question
ABC.com's global chart of accounts structure includes the Company (balancing) segment and Intercompany segment (with Intercompany segment qualifier) in order to properly identify the intercompany trading party. Which statement is NOT true about using an Intercompany segment in the chart of accounts structure? (Choose the statement that is NOT true.)
Options
- AThe Company and Intercompany segments can share the same value set.
- BGL automatically populates the intercompany segment value in the Balancing segment to balance
- CYou can enable security for the Company segment and disable security for Intercompany
- DIf a journal entry is balanced within the same company value in the balancing segment, GL
- EIn a many-to-many intercompany journal, the use of a clearing company as the trading partner is
Unlock 1Z0-516 to see the answer
You've previewed enough free 1Z0-516 questions. Unlock 1Z0-516 for full answers, explanations, the timed quiz mode, progress tracking, and the master PDF. Question stem and options stay visible so you can still see what's on the exam.