BANK FINAL 2026\2027 COMPLETE ACCURATE
TEST QUESTIONS AND CORRECT DETAILED
ANSWERS (100% CORRECT VERIFIED SOLUTIONS)
A NEW UPDATED VERSION |ALREADY GRADED A+
ME-001: Intercompany transactions
Requirement: System should automatically record an intercompany
due to/due from transaction when one entity pays a bill that belongs
to another entity.
Solution Description
The journal entry is automatically created based on the settings
defined on the Inter-entity Setup page. Related permissions:
Company > Entities: List, View, Add, Edit, Delete
,ME-001: Intercompany transactions
Requirement: Requirement: System should automatically record an
intercompany due to/due from transaction when one entity pays a bill
that belongs to another entity.
1. Solution type
a. Standard functionality
b. Workaround
c. Marketplace solution
a. Standard functionality
ME-001: Intercompany transactions
Requirement: System should automatically record an intercompany
due to/due from transaction when one entity pays a bill that belongs
to another entity.
Where solution is found in Sage Intacct (if applicable)
Company > Setup > Configuration > Entities
,ME-002: User access
Requirement: System should support restricting users to viewing
and entering data in specific entities.
Solution type
a. Standard functionality
b. Workaround
c. Marketplace solution
Standard functionality
ME-002: User access
Requirement: System should support restricting users to viewing
and entering data in specific entities.
Where solution is found in Sage Intacct (if applicable)
Company > Admin > Users, roles & groups > Users
, ME-002: User access
Requirement: System should support restricting users to viewing
and entering data in specific entities.
Solution Description
On the User Entity tab, users can be restricted to only access and
record data for specific entities. Related permissions:
Administrative Permissions > Users: List, View, Add, Edit, Delete,
Permissions
GL-001: Accounts
Requirements: System should allow specific users to create, edit, and
delete General Ledger accounts.
Solution type
a. Standard functionality
b. Workaround
c. Marketplace solution
a. Standard functionali