Check your knowledge

Completed

Answer the following questions to see what you learned

1.

Which one of the following methods in foreign currency revaluation jobs is used to post, regardless of whether the result is a profit or loss?

2.

You need to process exchange rate adjustments on eligible main accounts. What should you do?

3.

You want to set up foreign currency consolidation in Finance to automatically post differences that result from consolidating subsidiaries with foreign currencies. What should you set up in the General ledger?

4.

When posting year-end transactions, which posting layer is designed for the closing sheet?