BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

FINANCIAL ACCOUNTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What information is provided when you execute the balance audit trail? Please choose the correct answer.
A
A list of changes of maintained sensitive fields in general ledger accounts
B
The starting balance and the yearly changes to the balance of a general ledger account
C
A comparison of general ledger account balances across ledgers
D
The open account balances for customer accounts and supplier accounts
Explanation: 

Detailed explanation-1: -The Balance Audit Trail shows the records from the Account Balances table (F0902) that make up the amount you are reviewing. To display the account ledger records that the system currently has in the account, choose Account Ledger Inquiry.

Detailed explanation-2: -Audit trails are used to verify and track many types of transactions, including accounting transactions and trades in brokerage accounts. An audit trail is most often utilized when the accuracy of an item needs to be verified, as it might be in the case of an audit.

Detailed explanation-3: -You will find the menu entries for Audit Trail in the SAP Easy Access menu under Cross-Application Components Change Management Audit Trail (Logging) .

Detailed explanation-4: -An audit trail is a date and time-stamped, sequential record of the history and details around a financial transaction, work event, product development phase, or financial ledger entry.

There is 1 question to complete.