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NO.1 You need to add general journal voucher lines.
Which three selections are valid account types? Each correct answer presents a complete solution.
A. Bank
B. Ledger
C. Item
D. Fixed assets
E. Purchase order
Answer: B,D,E
MB6-702 Exam Questions
NO.2 You need to revaluetheforeign currency transactions in the Accounts payable subledger.
Which two statements describe what the foreign currency revaluation job accomplishes? Each
correct answer presents a complete solution.
A. Settled vendor transactions are revalued by using the effective exchange rate for the specified
date.
B. The differences between the original posted amounts and the revalued amounts are posted to
vendor accounts as unrealized transactions.
C. Open vendor transactions are revalued by using the effective exchange rate for the specified date.
D. The differences between the original posted amounts and the revalued amounts are posted to
vendor accounts as realized transactions.
Answer: A,B
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