A business unit is a group of cost centers and a business unit manager

A business unit is a group of cost centers and a

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account inquiry at the summary (business unit) level of its Cost Center segment. A business unit is a group of cost centers and a business unit manager typically has several cost centers under his or her responsibility. Which option will meet the client’s requirements? A. Define parent cost centers and a hierarchy of parent-child cost centers. Define Rollup Groups for the parent cost centers, and Summary Accounts. Create FSG based on the parent cost center values or Summary Accounts. B. Define parent cost centers and a hierarchy of parent-child cost centers. Define Rollup Groups for the parent cost centers. Create FSG based on the Rollup Groups. C. Define parent cost centers and a hierarchy of parent-child cost centers. Create Summary Accounts based
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on the parent cost centers. Create FSG based on the parent cost center values. D. Define parent cost centers and a hierarchy of parent-child cost centers. Define Rollup Groups for the parent cost centers. Create FSG based on the parent cost center values. E. Define parent cost centers and a hierarchy of parent-child cost centers. Define Summary Accounts for the parent cost centers. Create FSG based on the parent cost center values or Summary Accounts. Answer: A Question: 777 One of your ABC.com co-workers, Tim, is working to define and develop Financial Statement Generator reports where the budget amounts and actual amounts would display on the report per period. Tim comes to you and says that he has defined an FSG report according to the client’s requirements; the actual amounts are correctly shown, but the problem is that budget amounts are not showing up on the report. What is your response? A. Budget status is Frozen. B. The budget name needs to be associated with the row set through control values. C. There is some issue with the assignment of accounts to the budget organization. D. The first fiscal year of the budget was never opened. E. The last fiscal year of the budget is Closed. Answer: B
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  • Generally Accepted Accounting Principles

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