C2020-605 Exam Questions

When importing external data files using import specification, which of the following are compulsory fields in the upload file?

An administrator is creating a standard data entry form for end users. On which tab must the administrator specify the type of information that will be shown on the rows and column...

When configuring the Controller database, what should the installer do if the database is new and empty?

In a multi-server installation, on which server should the Controller Standard Reports Package (Deployment Archive) be installed?

What effect does locking at the company level have on the closing version?

The Trial Balance with Drilldown shows a million dollar intercompany difference. Where can the administrator identify this difference?

What happens when a main account type code is changed into a statistical account type code?

How can an administrator configure Controller in such a way that intercompany balances will be eliminated automatically?

Which of the following is true of the Excel Link?

In the Controller system, the period values that were entered for a company roll up to several group currencies. How should the historical rates for these group currencies be enter...

Which of the following best explains the difference between the currency conversion difference account1and conversion difference account2?

What are the implementation steps required to convert currency?

The administrator is consolidating for the first time and sees that consolidation can be run either with status or by steps. What is a difference between consolidating by steps and...

Currency conversion should be performed after which activity?

An administrator wants to create a non-integrated movement account to track the sale of buildings. Which of the following is a valid account type for this movement account?

Which of the following best describes group journals in contrast to company journals?

Currency conversion codes E and F in Controller both use the historical rates taken from the historical currency register or referenced from a specific account. How do they differ?

A Controller administrator wants to eliminate intercompany balances prior to consolidating the data. To do this, the administrator must create a control table. What must the admini...

An administrator wants to eliminate acquisition values before consolidating the data in the Controller system. To do this, the administrator has created an acquisition control tabl...

The administrator has booked an intercompany transaction using a group journal and is trying to see that transaction on each company, but cannot. What is the reason for this?

What is the impact of activating "Use Online Matching" in intercompany control tables?

Which of the following correctly describes the process of creating a form for movement accounts?

The administrator is consolidating for the first time and wants to make sure that intercompany eliminations are correct before performing other consolidation processes. How can the...

When creating an intercompany form, which of the following dimensions must be added to the rows?

Company A has a reconciliation difference in Sales (income account) of -1,000. and a Cost of Sales (cost account) of 1,001. The general configuration indicates that the status will...

What is the purpose of the advanced account view setting?

In what scenario can an administrator use multiple submissions in a Controller system?

Company ABC uses the temporal method of currency conversion, whereby gains/losses on translation are posted directly to the income statement. Which of the following shows a correct...

What is the purpose of the offset account in control tables?

In order to accurately store the data in the Controller system, an administrator wants to combine each period's reported values with one or more journal types, as necessary. To do...

What is the benefit of creating a security group?

What is the best practice for ensuring that an Excel Link report runs efficiently after upgrading the report for a new Controller release?

An administrator created multiple submissions for the period 0812. Why would an administrator create multiple submissions for the same period?

In Controller's General Configuration, an administrator can specify that reconciliation is to be performed by journal type on what other basis can reconciliation be performed?

Which of the following can be done using the Excel link?

A summation account is linked to a specification, as when using an integrated movement account. This Controller data entry function allows the user to open the related specificatio...

Where do the values for the currency conversion difference account1 and account2 come from?

In the report below, assuming the closing rate (B) is .900 and the average rate of balance?

A Controller administrator can enter which of the following combinations of currency rates for a given period and actuality?

An administrator wants to import data from a flat file into the Controller system. Which of the following is a valid field in a data import file?

What permission set is a valid option for the Controller_URL .Net Code Group?

What is the intended purpose of the Repair button in the Report Server window of Controller Configuration?

Which one of the following required third-party components must be installed on the Controller Web Services Server to ensure product function and conformance?

How can intercompany balances between all companies be viewed?

An administrator wants to create an integrated movement account to track the purchase of machinery and equipment. Which of the following is a valid account type for this movement a...

An administrator wants end users to be able to carry out currency simu-lations. For example, a user may want to see how actual results would compare to budgeted results if the effe...

Company ABC has a 20 line year-end journal entry in journal 101. Several other entities would like to use these journal entries for their new fiscal year. However, all of the entit...

An administrator is setting up an account structure for a Controller application. The administrator is going to reconcile the values in account 8999 (Profit and Loss for the Year)...

When creating a company, the administrator selects a consolidation type. What does the consolidation type allow the administrator to do?

In the diagrams below, a journal entry for Cash (account B100000, an asset account in the balance sheet) and External Reserves (account R100_000, a cost account in the income state...