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NEW QUESTION: 1
Mary is conducting a month-end closing and needs to post accrued expenses. She needs to reverse the transaction next month when the actual expenses will be recorded. What is the best way to do this?
A. Assign a Transaction Code to each journal entry that requires reversal. The system will prompt Mary with the appropriate reversals at login.
B. Select the Reverse check box on the journal entry and enter the date for reversing the transaction. Mary will receive a prompt on the reversal date and can post the reversal.
C. In the journal entry, select the Adjustment Transaction check box. Then use the transaction report and use Cancel from the Data menu to reverse the transaction when needed.
D. Using a User-Defined Field in the journal entry header, Mary defines the reversal date and a link to a User Alert to serve as a reminder to the reversal.
Answer: B

NEW QUESTION: 2
What is an essential feature of nostro reconciliations?
A. That they are performed before the next business day
B. That open items are booked on an internal account
C. That they are performed in a timely and efficient way
D. That a daily nostro reconciliation report is sent out to the correspondent bank
Answer: C

NEW QUESTION: 3

A. Option B
B. Option A
C. Option D
D. Option C
Answer: B
Explanation:
A firewall profile is a way of grouping settings, such as firewall rules and connection security rules, which are applied to the computer depending on where the computer is connected. On computers running this version of Windows, there are three profiles for Windows Firewall with Advanced Security: Domain, Private, and Public.
The Domain profile is applied to a network adapter when it is connected to a network on which it can detect a domain controller of the domain to which the computer is joined.

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