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Question 38 - C_S4FTR_2023 discussion

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Which of the following procedures are supported when configuring the accrual/deferral functionality? Note: There are 2 correct answers to this question.

A.

Difference

Answers
A.

Difference

B.

Partial

Answers
B.

Partial

C.

Reset

Answers
C.

Reset

D.

Amortization

Answers
D.

Amortization

Suggested answer: A, D

Explanation:

The accrual/deferral functionality is a function that allows you to accrue or defer interest or other cash flows for financial transactions. The procedures that are supported when configuring the accrual/deferral functionality are difference and amortization. Difference is a procedure that calculates the difference between the planned and posted cash flows and posts it as an accrual or deferral. Amortization is a procedure that calculates the amortized cost of a financial transaction and posts the difference between the nominal value and the amortized cost as an accrual or deferral.

asked 31/10/2024
Knowledge Mathebula
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