FI/CO Academy Review Page 7 of 16 20. Special G/L transactions represent unique business events.

More than one answer is correct; mark true or false. a The 3 transactions are noted item, automatic offsetting entry, and free offsetting posting. T b Free offsetting entry is considered to be a statistical posting. F c Posting key settings must be managed to allow special G/L postings. T d Postings are mapped to an open item managed account. T e Noted items are one sided entries. T 21. The Accrual Engine is a new functionality that .. More than one answer is correct; mark true or false. a Can have function modules created that will allow for non-linear accruals. T b Has document types and accounts that are defined in configuration. T c Must have application components activated to run. T d Are used for the accrual of costs and revenues. T e Overrides standard recurring entries. F 22. Which of the following is correct regarding the cash journal? More than one answer is correct; mark true or false. a Cash journal can be used in lieu of standard A/P and A/R transactions. T b Can have ad-hoc business transactions created at time of document entry. F c Have document numbers independent of standard FI documents. T d Cannot be used for one time account postings. F e Has postings restricted by the standard FI posting period table. T