IBM
C2020-605 · Question #29
What is the purpose of the offset account in control tables?
The correct answer is C. It is where differences resulting from automatic journals are booked. See the full explanation below for the reasoning.
Question
What is the purpose of the offset account in control tables?
Options
- AIt reconciles currency conversion differences resulting from journals.
- BIt is where investment and elimination details are inputted.
- CIt is where differences resulting from automatic journals are booked.
- DIt allows the user to activate and enable intercompany journals.
How the community answered
(36 responses)- A8% (3)
- B6% (2)
- C83% (30)
- D3% (1)
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