100% Free Fortinet NSE7_SSE_AR-26 Practice Test Questions

Question 1

An accountant on the budgeting team needs to make topside adjustments for the levels within the Total Marketing parent. This user would need to record the amounts within the Total Marketing (Only) level. What does the user need to manually enter these details within a level assigned sheet?

A : Access to the Total Marketing parent and all descendants.

B : Access to at least one of the descendants in Total Marketing.

C : 'Access to (Only) levels' within their permission set.

D : 'Import to all locations' within their permission set.

Answer: C

Question 2

The finance team wants to create a sub-account for the Inventory General Ledger account.What will happen to the existing balance in the Inventory General Ledger account once the sub-account is created?

A : The formulas and data are deleted for all versions and all levels.

B : Data and any formulas move to the new child account.

C : The formulas and data are duplicated.

D : Data and any formulas stay in the Inventory account.

Answer: B

Question 3

The finance team wants to create a sub-account for the Inventory General Ledger account.What will happen to the existing balance in the Inventory General Ledger account once the sub-account is created?

A : The formulas and data are deleted for all versions and all levels.

B : Data and any formulas move to the new child account.

C : The formulas and data are duplicated.

D : Data and any formulas stay in the Inventory account.

Answer: B

Question 4

What is a key difference in how Dimensions and Attributes are typically used?

A : Dimensions are used to create calculated metrics; Attributes are used only for manual data entry

B : Dimensions are used for creating hierarchies; Attributes are used for grouping accounts

C : Dimensions are used for tagging data for entry or import; Attributes are used for tagging existing elements like levels or accounts

D : Dimensions can only be applied to standard sheets; Attributes can be applied to all sheet types

Answer: C

Question 5

A company is using a Month > Quarter > Year rollup structure indicating that the month is the lowest level of budgeting. Why should an implementer ensure that every day of the calendar year is listed in the instance?

A : This is to store daily exchange rates that will override any existing monthly amounts for daily transactions.

B : Multiple periods in the same stratum can contain the same day, so you must identify the gaps.

C : The goal is to ensure your instance knows where each individual day fits into your time structure.

D : This is only for an instance where the company needs an alternate reporting calendar in days.

Answer: C

100% Free NSE7_SSE_AR-26 Practice Exam Questions and Answers