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C_S4FCC_2021 · Question #79

What validation tasks should be run after running a reclassification with posting level 10? Note: There are 2 correct answers to this question.

The correct answer is A. Validate consolidated data D. Validate reported data. After running a reclassification with posting level 10, you should run the validation tasks for consolidated data and reported data.

Preparation and Data Acquisition

Question

What validation tasks should be run after running a reclassification with posting level 10? Note:

There are 2 correct answers to this question.

Options

  • AValidate consolidated data
  • BValidate universal journal
  • CValidate standardized data
  • DValidate reported data

How the community answered

(24 responses)
  • A
    75% (18)
  • B
    8% (2)
  • C
    17% (4)

Explanation

After running a reclassification with posting level 10, you should run the validation tasks for consolidated data and reported data.

Topics

#validation tasks#reclassification#posting level 10#reported data validation

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