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NEW QUESTION: 1
Your company wants to change the Cumulative Translation Adjustment (CTA) account to record gains/losses from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?
A. Open the Ledgers page and update the CTA account and then rerun Translation for all periods required. The system will automatically update the translated balances.
B. Purge all translated balances, change the CTA account in the Ledger page, and rerun Translation for all periods required.
C. Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.
D. Query the Translation journals and delete all of them, then change the CTA account in the Ledger page, and rerun Translation for all periods required.
Answer: B
Explanation:
To avoid data corruption, your cumulative adjustment account (CTA) can only be changed if you first perform the following set of steps:
References:
NEW QUESTION: 2
Prior to installation of RF equipment, which of the following should be evaluated as potential sources of interference?
A. Metal racking
B. Manual dock doors
C. Public address system/intercom
D. Pallet jacks
Answer: C
NEW QUESTION: 3
An auditor used a questionnaire during an interview to gather information about the nature of credit sales processing. The questionnaire did not cover some pertinent information offered by the person being interviewed, and the auditor did not document the potential problems for further investigation.
The primary deficiency with the above process is that:
A. Using a questionnaire precludes the auditor from documenting other information.
B. The engagement program was incomplete.
C. The auditor failed to consider the importance of the information offered.
D. A questionnaire was used in a situation where a structured interview should have been used.
Answer: C
Explanation:
Topic 2, Volume B
NEW QUESTION: 4
A Solutions Architect is building a new feature using a Lambda to create metadata when a user uploads a
picture to Amazon S3. All metadata must be indexed.
Which AWS service should the Architect use to store this metadata?
A. Amazon EFC
B. Amazon Kinesis
C. Amazon DynamoDB
D. Amazon S3
Answer: C
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