Sage Intacct Implementer Exam Practice
Questions With Correct Answers
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. | | | | | | | | | |
Questions With Correct Answers
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. | | | | | | | | | |
