IBM C2020-605 Questions Answers

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IBM C2020-605 Sample Questions

Question # 1

In additionto using automatic journals, what is the other way in which intercompany journals can be eliminated?

A. Run the Reconcile Opening Balances function after consolidation.
B. Activate counter dimensions in the account structure.
C. Eliminate balances manually using company and group journals.
D. Generate a group adjustment company in the company structure.

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Question # 2

An administrator wants end users to be able to carry out currency simu-lations. For example, a user may wantto see how actual results would compare to budgeted results if the effects of currency rates were eliminated. What type of actuality must the administrator use for this purpose?

A. Yearly
B. Forecast PL (PL) predefined actuality
C. Linked
D. Forecast 1 (F1) predefined actuality

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Question # 3

What is the benefit of creating a security group?

A. It allows users to specify their own security requirements.
B. It allows the administrator to apply similar security to several users.
C. It allows the administrator to setup a firewall for all Controller data.
D. It allows users to create audit reports regarding internal controls.

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Question # 4

Data access for the Sales office in China needs to be limited to only the products (extended dimension 1) that the office distributes. What is the most appropriate way to customize the data entry view for this location?

A. Create a security group to limit the products available for use.
B. Create a linked structure and limit the products available for use.
C. Create a linked structure to limit the data entry forms available for use.
D. Not possible to dothis in Controller.

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Question # 5

How can an administrator configure Controller in such a way that intercompany balances will be eliminated automatically?

A. Setup the automatic journal to eliminate intercompany balances and configure control tables for each intercompany pairing.
B. Set up the group journal to eliminate intercompany balances and configure companyjournals for each intercompany  pairing.
C. Run a consolidation by steps and then look at the Reconcile Intercompany Balances report for the group company.
D. Run a consolidation with status and then look at the Reconcile Intercompany Balances report for the group company.

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