BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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You want to post journal entries in a special period. Which conditions must be met? There are 2 correct answers to this question
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The balance carry-forward to the new fiscal year must have taken place.
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You must have specific authorization to post in special periods.
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You must enter a posting date in the last posting period.
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The special period must be open for posting in the period control.
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Explanation:
Detailed explanation-1: -You want to post journal entries in a special period. Which conditions must be met? Response: The balance carry-forward to the new fiscal year must have taken place.
There is 1 question to complete.