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2023 Sage Intacct Accounts Implementation Exam With Answers (73 Solved Questions)

Master tricky questions with 2023 Sage Intacct Accounts Implementation Exam With Answers, a powerful past exam collection.

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Sage Intacct Implementation Exam 2023with complete solutionGeneral Ledger: What rolls an account's ending balance, for each reporting period intothe retained earnings accounts, effectively making the balance forward for the accountzero?Answer-Non-closing accountsGeneral Ledger: What GL configuration option prevents users from entering a journalentry or other transaction that does not balance for the current dimension?Answer-Enforce JE balancingGeneral Ledger: What does an entity translate to for transacting in a multi-entity sharedenvironment?Answer-LocationGeneral Ledger: What would cause a JL journal entry to fail?Answer-Modifyingtemplate header titlesGeneral Ledger: What do you enable to require approvals for all transactions in aparticular journal?Answer-Journal Entry approvalsGeneral Ledger: What records are used to track non financial data, such as employeeheadcount or the number of members?Answer-Statistical AccountsGeneral Ledger: What process preventsentries and/or changes to a ledger for aspecific period?Answer-Closing the booksGeneral Ledger: Which type of journal entry is used for posting to a closed period?Answer-AdjustingPurchasing: What enables to categorize items for the purpose ofposting to specific GLAccounts when using Advanced Workflows in the purchasing application?Answer-Item GL GroupPurchasing: PO for a certain qty of item, need to pay for lesser qty. What setting in thePO transaction definition controls how you would process this transaction?Answer-Partial Conversion HandlingPurchasing: What dimension represents goods or services purchased from a vendor?Answer-ItemPurchasing: How does the system determine what type of transactions require aproval,what approvals are required, and the sequence of approvals?Answer-ApprovalPolicies

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