SAGE INTACCT IMPLEMENTER EXAM PRACTICE |
COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS | LATEST UPDATE (2026) |
ALREADY GRADED A+
True or False: A company's fiscal year can be different from the calendar year - CORRECT
ANSWER -True - fiscal year can be set to specific months according to company structure. Does
not have to align with conventional calendar year format of Jan - Dec.
True or False: Sub-accounts are included in the main GL account for reporting. - CORRECT
ANSWER -False - sub-accounts provide a longer, more distinguishable GL account number.
Sub-accounts do not 'roll-up' to any other GL account for reporting.
What dimension status does NOT allow the dimension to be used in a transaction? (select all that
apply).
A. Active
B. Active non-posting
C. Inactive - CORRECT ANSWER -B & C - active non-posting and inactive cannot be used
when creating transactions. However, for reporting, both active and active non-posting can be
used. Inactive is not including in transactions or reporting.
Which type of user can have administrative privileges?
a. Business
b. Employee
c. Project Manager
d. Platform - CORRECT ANSWER -A. Business User
, How can you use the employee dimension? (select all that apply)
a. employees log in to Sage Intacct
b. Assign employees as department managers
c. transactions can be coded to employees
d. assign permissions to employees - CORRECT ANSWER -B & C - you cannot assign
permissions to employees. Permissions can only be assigned to users. Also, employees are not
granted login access to Sage Intacct, this is only for users.
True or False: You can assign multiple roles to a user - CORRECT ANSWER -True - users may
be assigned as many roles as needed.
How do you configure the User entities tab of the user to grant access to all existing entities?
a. do not select any entities
b. select each existing entity
c. select enable access to top-level - CORRECT ANSWER -A. Do not select any entities. It is
advised not to specify all entities for granting users access to all entities, instead if no entities are
selected for a user, they are consider unrestricted and will have visibility to all entities and top-
level.
True or False: A Location can be assigned to multiple entities - CORRECT ANSWER -False - a
location can be assigned to another location or a single entity, not multiple.
True or False: When you post a transaction to the Accounts Payable Journal, the transaction also
posts to the Accounts Payable application. - CORRECT ANSWER -False - journal entries do not
create items in subledgers. Only transactions entered in subledgers will create journal entries by
default in specified GL journals.
How do you post a journal entry to a closed period?
COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS | LATEST UPDATE (2026) |
ALREADY GRADED A+
True or False: A company's fiscal year can be different from the calendar year - CORRECT
ANSWER -True - fiscal year can be set to specific months according to company structure. Does
not have to align with conventional calendar year format of Jan - Dec.
True or False: Sub-accounts are included in the main GL account for reporting. - CORRECT
ANSWER -False - sub-accounts provide a longer, more distinguishable GL account number.
Sub-accounts do not 'roll-up' to any other GL account for reporting.
What dimension status does NOT allow the dimension to be used in a transaction? (select all that
apply).
A. Active
B. Active non-posting
C. Inactive - CORRECT ANSWER -B & C - active non-posting and inactive cannot be used
when creating transactions. However, for reporting, both active and active non-posting can be
used. Inactive is not including in transactions or reporting.
Which type of user can have administrative privileges?
a. Business
b. Employee
c. Project Manager
d. Platform - CORRECT ANSWER -A. Business User
, How can you use the employee dimension? (select all that apply)
a. employees log in to Sage Intacct
b. Assign employees as department managers
c. transactions can be coded to employees
d. assign permissions to employees - CORRECT ANSWER -B & C - you cannot assign
permissions to employees. Permissions can only be assigned to users. Also, employees are not
granted login access to Sage Intacct, this is only for users.
True or False: You can assign multiple roles to a user - CORRECT ANSWER -True - users may
be assigned as many roles as needed.
How do you configure the User entities tab of the user to grant access to all existing entities?
a. do not select any entities
b. select each existing entity
c. select enable access to top-level - CORRECT ANSWER -A. Do not select any entities. It is
advised not to specify all entities for granting users access to all entities, instead if no entities are
selected for a user, they are consider unrestricted and will have visibility to all entities and top-
level.
True or False: A Location can be assigned to multiple entities - CORRECT ANSWER -False - a
location can be assigned to another location or a single entity, not multiple.
True or False: When you post a transaction to the Accounts Payable Journal, the transaction also
posts to the Accounts Payable application. - CORRECT ANSWER -False - journal entries do not
create items in subledgers. Only transactions entered in subledgers will create journal entries by
default in specified GL journals.
How do you post a journal entry to a closed period?
