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NEW QUESTION: 1

A. Option C
B. Option A
C. Option D
D. Option B
Answer: A

NEW QUESTION: 2

A. Option A
B. Option D
C. Option E
D. Option C
E. Option B
Answer: B

NEW QUESTION: 3
What are the two purposes of a secondary ledger? (Choose two.)
A. It is an optional ledger that is linked to a primary ledger for the purpose of tracking alternative accounting
B. It should not be used when trying to meet local accounting requirements
C. It is used to main balances in a different currency only
D. It should only be used to main balances for processing performance
E. It can differ from its primary ledger by the accounting method, chart of accounts, accounting calendar, currency, and/or journal processing options
Answer: A,E

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