Easy Solutions INC has operations in the USA, UK, and Germany. USA is the parent entity and it has
two subsidiary entities in UK and Germany. USA and UK entities are sharing the same chart of
accounts and calendar, whereas the Germany entity has a different chart of ac - count and calendar
due to some statutory requirements. Which consolidation method would you recommend to
consolidate the financials balances of the Germany entity with the parent entity in the USA? (Choose
the best Answer.)
Question No 2
Your organization wants to implement a process that helps in recording requisitions, buying goods or
services, and managing supplier invoices and payments. Which Financials business process would
you recommend to achieve this? (Choose the best Answer.)
Question No 3
Robert works as a General Accountant for Glenn Systems and he has a requirement to inquire and
analyze the GL Account balances on a regular basis. Which tool can he use to in - quire and analyze the
GL Account balances online? (Choose the best Answer.)
Question No 4
Ganesh is trying to import a journal from an external system and he has encountered an error. Which
are three reasons for the error? (Choose three.)
Question No 5
Glenn Systems has decided to create accounting for payments at the time of issuing, as well as at the
time of clearing the payments. Which accounting entry will be generated by the sys - tem when the
payment gets reconciled with a bank statement line? (Choose the best Answer.)