Sage Intacct Implementation Exam
2025/2026 | Actual Exam with Complete
Questions and Answers | Cloud Financial
Management | Professional Certification
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? -CORRECTANSWER 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? -
CORRECTANSWER Enforce JE balancing
General Ledger: What does an entity translate to for transacting in a multi-entity shared
environment? -CORRECTANSWER Location
General Ledger: What would cause a JL journal entry to fail? -CORRECTANSWER
Modifying template header titles
General Ledger: What do you enable to require approvals for all transactions in a
particular journal? -CORRECTANSWER Journal Entry approvals
, General Ledger: What records are used to track non financial data, such as employee
headcount or the number of members? -CORRECTANSWER Statistical Accounts
General Ledger: What process prevents entries and/or changes to a ledger for a
specific period? -CORRECTANSWER Closing the books
General Ledger: Which type of journal entry is used for posting to a closed period? -
CORRECTANSWER Adjusting
Purchasing: What enables to categorize items for the purpose of posting to specific GL
Accounts when using Advanced Workflows in the purchasing application? -
CORRECTANSWER 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? -
CORRECTANSWER Partial Conversion Handling
Purchasing: What dimension represents goods or services purchased from a vendor? -
CORRECTANSWER Item
Purchasing: How does the system determine what type of transactions require aproval,
what approvals are required, and the sequence of approvals? -CORRECTANSWER
Approval Policies
2025/2026 | Actual Exam with Complete
Questions and Answers | Cloud Financial
Management | Professional Certification
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? -CORRECTANSWER 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? -
CORRECTANSWER Enforce JE balancing
General Ledger: What does an entity translate to for transacting in a multi-entity shared
environment? -CORRECTANSWER Location
General Ledger: What would cause a JL journal entry to fail? -CORRECTANSWER
Modifying template header titles
General Ledger: What do you enable to require approvals for all transactions in a
particular journal? -CORRECTANSWER Journal Entry approvals
, General Ledger: What records are used to track non financial data, such as employee
headcount or the number of members? -CORRECTANSWER Statistical Accounts
General Ledger: What process prevents entries and/or changes to a ledger for a
specific period? -CORRECTANSWER Closing the books
General Ledger: Which type of journal entry is used for posting to a closed period? -
CORRECTANSWER Adjusting
Purchasing: What enables to categorize items for the purpose of posting to specific GL
Accounts when using Advanced Workflows in the purchasing application? -
CORRECTANSWER 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? -
CORRECTANSWER Partial Conversion Handling
Purchasing: What dimension represents goods or services purchased from a vendor? -
CORRECTANSWER Item
Purchasing: How does the system determine what type of transactions require aproval,
what approvals are required, and the sequence of approvals? -CORRECTANSWER
Approval Policies
