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Microsoft

MB7-701 · Question #18

What effect does the Additional Reporting Currency field in the General Ledger Setup window have when running the Close Income Statement batch job?

The correct answer is D. The closing income general journal will be created and then posted automatically. See the full explanation below for the reasoning.

Question

What effect does the Additional Reporting Currency field in the General Ledger Setup window have when running the Close Income Statement batch job?

Options

  • AThe closing income general journal will be created in the currency specified in the Additional
  • BIt has no effect.
  • CThe Close Income Statement batch job is prevented from running if the Additional Reporting
  • DThe closing income general journal will be created and then posted automatically.

How the community answered

(33 responses)
  • A
    9% (3)
  • B
    3% (1)
  • C
    3% (1)
  • D
    85% (28)

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Full MB7-701 Practice