BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following statements apply to the special general ledger types of noted items? Choose the correct answers. (3)
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Noted items are posted to an alternative reconciliation account.
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No special general ledger indicators of your own can be created of this type.
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No postings are made on an offsetting account.
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The account for the offsetting entry is selected automatically.
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No zero-balance check is made in the system.
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Explanation:
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