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NEW QUESTION: 1
Which reports can show you differences between your subledger balances and general ledger balances to help you reconcile quickly?
A. Payables Aging reports with the General Ledger Trial Balance report
B. Payables to Ledger Reconciliation report
C. Payables Trial Balance and General Ledger Trial Balance reports
D. General Ledger Financial Statements and the Accounts Payable and Invoice Registers
Answer: C
Explanation:
Explanation/Reference:
Payables Trial Balance Report lists and subtotals by supplier and liability account all unpaid and partially paid invoices that Payables transferred to the general ledger. Accounts Payable Trial Balance Report helps to verify that total accounts payable liabilities in Payables equal to those in the Fusion General Ledger.
References:
http://apps2fusion.com/oracle-fusion-online-training/fusion-applications/oracle-fusion-financials/fusion- financials-training/1131-fusion-payables-how-to-generate-trial-balance-report
NEW QUESTION: 2
How would a controller ensure that the company's financial reports are presented in a structured way?
Please choose the correct answer.
Choose one:
A. Perform the period end closing process at the end of each financial period.
B. Periodically delete all accounts with no transactions in the last posting period.
C. Organize the chart of accounts by levels and order appropriate to the reporting structure.
D. Change the order of the accounts in the print layout according to the company's industry and
localization.
Answer: C
NEW QUESTION: 3
A. Option B
B. Option A
C. Option C
D. Option D
Answer: A,C
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