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Q41. View the Exhibit. 

Company ABC has Combination Edit Rules as shown in the Exhibit. Account 200000 is a Balance Sheet account and Account 614000 is an Income Statement account. 

Which ChartField combination is valid based on the Rules shown in the Exhibit? 

A. Account 200000, DeptID 1000 

B. Account 614000, DeptID 1000 

C. Account 200000, DeptID blank 

D. Account 614000, DeptID blank 


Q42. John entered a reversing journal entry and posted it in June, an open montH. The Journal will reverse in July, which is a closed perioD. 

The journal was erroneously posted and John now wants to unpost the journal. The option to automatically unpost reversals when the anchor is unposted is selecteD. 

Identify the action that John should perform. 

A. Delete the July journal manually. 

B. Unpost the July journal. 

C. Unpost the June journal. 

D. Make the July journal available for edit. 

E. Create a new journal to reverse the July journal. 


Q43. The primary function of the PeopleSoft InterUnit and IntraUnit process is______. 

A. automatic creation of the Due-To or Due-From journal lines 

B. to close out open items 

C. automatic reconciliation 

D. for use in the Allocation process 


Q44. What is the function of the "Keep Ledgers in Sync" check box? 

A. enables posting in multiple currencies 

B. allows you to open and close all Business Units at once 

C. allows you to report on multiple fiscal years 

D. enables the system to post journal entries to all ledgers in the Ledger Group 

E. combines multiple primary ledgers into a summary ledger 


Q45. What is the proper approach to modifying ChartField formats and field layout for Spreadsheet Journals? 

A. Move the rows and columns directly on the Spreadsheet Journal. 

B. Click the Setup button from the Control Worksheet and the Configure button to move and delete columns and modify field formats. 

C. Use the Standard ChartField Configuration utility. 

D. Use the Advanced ChartField Configuration utility. 


Q46. Which three statements are true about PeopleSoft trees? 

A. The structure and development of your PeopleSoft trees directly impacts the efficiency of your organization's reporting, processing, and ongoing maintenance of fields. 

B. The Insert Detail button on the tree allows you to actually add values to the detail value tables if the value does not already exist (such as an Account to the GL_ACCODNT_TBL record). 

C. You can create only one tree per ChartFielD. 

D. A tree in draft mode cannot be used in reporting until it has been saved in a valid statE. 

Answer: A,B,D 

Q47. Identify three template types for which you can define Journal Entry Template? 

A. SetID 

B. User ID 

C. All 

D. Business Unit 

E. Permission List 

F. Journal Source 

Answer: B,C,E 

Q48. Which three levels represent the hierarchy of journal error processing? 

A. Ledger 

B. Source 

C. Account 

D. As of Date 

E. Department 

F. Business Unit 

Answer: A,B,F