At what level are GL account values defined?

The correct answer is D. Organization. GL account values are defined at the Organization level because the General Ledger represents the financial structure of a specific legal or business entity - the Organization owns its own Chart of Accounts, segment values, and accounting configurations. "Set" is not a standard…

System Configuration and Administration

Question

Options

ASet
BSite
CSystem
DOrganization

How the community answered

(28 responses)

A
7% (2)
B
4% (1)
C
4% (1)
D
86% (24)

Explanation

GL account values are defined at the Organization level because the General Ledger represents the financial structure of a specific legal or business entity - the Organization owns its own Chart of Accounts, segment values, and accounting configurations. "Set" is not a standard ERP configuration tier for financial account definitions. "Site" refers to a physical location and is typically used for operational or inventory purposes, not financial account setup. "System" level settings govern global technical configurations that apply across all organizations, not entity-specific financial structures.

Memory tip: Think "General Ledger = Organization's financial backbone" - just as a company's finances belong to the organization, so do its GL account values.

Topics

#GL accounts#financial configuration#organization level#chart of accounts

Community Discussion

No community discussion yet for this question.

Full C1000-132 Practice