nerdexam
IBM

C2020-605 · Question #92

In addition to using automatic journals, what is the other way in which intercompany journals can be eliminated?

The correct answer is C. Eliminate balances manually using company and group journals. See the full explanation below for the reasoning.

Question

In addition to using automatic journals, what is the other way in which intercompany journals can be eliminated?

Options

  • ARun the Reconcile Opening Balances function after consolidation.
  • BActivate counter dimensions in the account structure.
  • CEliminate balances manually using company and group journals.
  • DGenerate a group adjustment company in the company structure.

How the community answered

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

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