CIPS L4M2 Q&A - in .pdf

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  • Exam Code: L4M2
  • Exam Name: Defining Business Needs
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1


A. Option B
B. Option E
C. Option A
D. Option C
E. Option D
Answer: B

NEW QUESTION: 2
You create views by using the Advanced Find feature. A group of users often asks for access to these views.
You need to ensure that other users can see current data from the views that you create.
Which two actions will achieve the goal? Each answer presents a complete solution.(Choose TWO)
A. Advise an IT administrator to make the views available to other users.
B. Provide a warning so that when users share the views, they share the underlying records also.
C. Export static worksheets of the views and then send the worksheets to the other users by using email.
D. Create a team and then share the views with the team.
E. Export dynamic worksheets of the views and then send the worksheets to the other users by using email.
Answer: D,E

NEW QUESTION: 3
You are reconciling your Payables the Receivables balances against the General Ledger. You are using the Payables to Ledger Reconciliation report. You notice discrepancies between thebalances in the subledgers, subledger accounting, and general ledger.
Which three factors are responsible for these out-of-balance situations?
A. All subledger transactionshave been entered but do not have complete accounting.
B. Intercompany transactions have not been fully processed.
C. Period Close processes,such as Revaluation, Translation, and Consolidation have not beenperformed yet
D. Subledger transactions have been accounted and transferred to General Ledger but have not been posted.
E. There were manually entered journals against the Payables and Receivables accounts that were posted in General Ledger.
Answer: B,C,D

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