What is the purpose of a budget model?

The correct answer is C. To assign workflow to budget register entries. To indicate that budgets that are created from the budget model are included in cash flow forecasting, select the Cash flow forecasts check box. Note: Budget register entries let you track and audit budget activities, and can be used with workflow and with budget control.

Set up and Configure the General Ledger

Question

Options

ATo assign a budget type to the budget register entries
BTo group budget register transactions
CTo assign workflow to budget register entries
DTo select the financial dimensions to use for budgeting

How the community answered

(40 responses)

A
3% (1)
B
8% (3)
C
78% (31)
D
13% (5)

Explanation

To indicate that budgets that are created from the budget model are included in cash flow forecasting, select the Cash flow forecasts check box. Note: Budget register entries let you track and audit budget activities, and can be used with workflow and with budget control.

Topics

#budget model#budget register entries#workflow assignment#budgeting setup

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