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P_S4FIN_2021 · Question #24

What must you create before you can record commitments in the universal journal?

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?

Options

  • AExtension ledger
  • BTolerance profile
  • CStatistical cost elements
  • DDocument type

How the community answered

(61 responses)
  • A
    79% (48)
  • B
    8% (5)
  • C
    2% (1)
  • D
    11% (7)

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Full P_S4FIN_2021 Practice