IBM
C2020-605 · Question #60
Why is the offset account for certain investment elimination control tables the same?
The correct answer is B. So that automatic journals make a zero sum in the offset account in the consolidated group. See the full explanation below for the reasoning.
Question
Why is the offset account for certain investment elimination control tables the same?
Options
- ASo that investment and intercompany eliminations are able to perform the same calculations
- BSo that automatic journals make a zero sum in the offset account in the consolidated group
- CSo that currency conversion is easily performed and reconciled in the consolidated group
- DSo that when the administrator copies opening balances to another period, the administrator can
How the community answered
(38 responses)- A11% (4)
- B82% (31)
- C3% (1)
- D5% (2)
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