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Exam Financial User topic 1 question 18 discussion

Actual exam question from NetSuite's Financial User
Question #: 18
Topic #: 1
[All Financial User Questions]

Which statement is true about intercompany journal entries?

  • A. The may have a maximum of six lines.
  • B. If they balance within each subsidiary they need not balance between subsidiaries.
  • C. They must have a minimum of four lines.
  • D. They are used to log intercompany eliminations.
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Suggested Answer: D 🗳️
by Skay0000 at Jan. 6, 2025, 6:28 p.m.

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Skay0000
2 weeks, 2 days ago
Selected Answer: C
C is correct answer
upvoted 1 times
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