FAH – Transaction Entry – Certification MCQs
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Question 1 of 2
1. Question
What is the recommended approach for a use case in which some parts of the transaction data must be processed before uploading them to Accounting Hub Cloud?
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Question 2 of 2
2. Question
Given the business use case:
‘Insurances for Homes’ company provides home insurance services. They have an in-house built system that processes insurance payments received from customers. The end result of the process consists of a listing of individual journal entries in a spreadsheet. They have requirements for get t ing all Journal entries in a secure and auditable repository. Access will be limited to selective staff members. Additionally, the company need to be able to report and view the entries using advanced reporting and analytical tools for segmenting, viewing and understanding data in the journal entries.
The line information may contain more than one line for the same header. When
uploading transactions, which is a way to differentiate each Journal line?CorrectIncorrect