Sage Intacct Implementation Exam 2026 | All
Questions and Correct Answers | Verified
Answers | Updated Version | Brand New
Version!
General Ledger: What rolls an account's ending balance, for each reporting period
into the retained earnings accounts, effectively making the balance forward for
the account zero? ---------CORRECT ANSWER-----------------Non-closing accounts
General Ledger: What GL configuration option prevents users from entering a
journal entry or other transaction that does not balance for the current
dimension? ---------CORRECT ANSWER-----------------Enforce JE balancing
General Ledger: What does an entity translate to for transacting in a multi-entity
shared environment? ---------CORRECT ANSWER-----------------Location
General Ledger: What would cause a JL journal entry to fail? ---------CORRECT
ANSWER-----------------Modifying template header titles
General Ledger: What do you enable to require approvals for all transactions in a
particular journal? ---------CORRECT ANSWER-----------------Journal Entry approvals
, General Ledger: What records are used to track non financial data, such as
employee headcount or the number of members? ---------CORRECT ANSWER--------
---------Statistical Accounts
General Ledger: What process prevents entries and/or changes to a ledger for a
specific period? ---------CORRECT ANSWER-----------------Closing the books
General Ledger: Which type of journal entry is used for posting to a closed
period? ---------CORRECT ANSWER-----------------Adjusting
Purchasing: What enables to categorize items for the purpose of posting to
specific GL Accounts when using Advanced Workflows in the purchasing
application? ---------CORRECT ANSWER-----------------Item GL Group
Purchasing: PO for a certain qty of item, need to pay for lesser qty. What setting
in the PO transaction definition controls how you would process this transaction?
---------CORRECT ANSWER-----------------Partial Conversion Handling
Purchasing: What dimension represents goods or services purchased from a
vendor? ---------CORRECT ANSWER-----------------Item
Questions and Correct Answers | Verified
Answers | Updated Version | Brand New
Version!
General Ledger: What rolls an account's ending balance, for each reporting period
into the retained earnings accounts, effectively making the balance forward for
the account zero? ---------CORRECT ANSWER-----------------Non-closing accounts
General Ledger: What GL configuration option prevents users from entering a
journal entry or other transaction that does not balance for the current
dimension? ---------CORRECT ANSWER-----------------Enforce JE balancing
General Ledger: What does an entity translate to for transacting in a multi-entity
shared environment? ---------CORRECT ANSWER-----------------Location
General Ledger: What would cause a JL journal entry to fail? ---------CORRECT
ANSWER-----------------Modifying template header titles
General Ledger: What do you enable to require approvals for all transactions in a
particular journal? ---------CORRECT ANSWER-----------------Journal Entry approvals
, General Ledger: What records are used to track non financial data, such as
employee headcount or the number of members? ---------CORRECT ANSWER--------
---------Statistical Accounts
General Ledger: What process prevents entries and/or changes to a ledger for a
specific period? ---------CORRECT ANSWER-----------------Closing the books
General Ledger: Which type of journal entry is used for posting to a closed
period? ---------CORRECT ANSWER-----------------Adjusting
Purchasing: What enables to categorize items for the purpose of posting to
specific GL Accounts when using Advanced Workflows in the purchasing
application? ---------CORRECT ANSWER-----------------Item GL Group
Purchasing: PO for a certain qty of item, need to pay for lesser qty. What setting
in the PO transaction definition controls how you would process this transaction?
---------CORRECT ANSWER-----------------Partial Conversion Handling
Purchasing: What dimension represents goods or services purchased from a
vendor? ---------CORRECT ANSWER-----------------Item
