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P_S4FIN_1909 · Question #111

What must you create before you can record commitments in the universal journal? Please choose the correct answer.

The correct answer is A. Extension ledger. See the full explanation below for the reasoning.

Question

What must you create before you can record commitments in the universal journal? Please choose the correct answer.

Options

  • AExtension ledger
  • BMapping for condition types
  • CCO version
  • DNon-leading standard ledger

How the community answered

(22 responses)
  • A
    77% (17)
  • B
    14% (3)
  • C
    5% (1)
  • D
    5% (1)

Community Discussion

No community discussion yet for this question.

Full P_S4FIN_1909 Practice