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QUESTION 7
Your company is considering tracking budgets by Account, Department, and Cost Center dimensions. There is a requirement to prevent exceeding the budgeted amounts for each Department but not for each Cost Center. Which three actions must be performed to allow budget control for Accounts and Department, and basic budgeting by Account, Departments, and Cost Center, before budget control is enabled? Each correct answer presents part of the solution.

A.    Select only “MainAccount” and “Department” as budgeting dimensions.
B.    Select the main accounts for budget control.
C.    Select only “MainAccount” and “Department” as budget control dimensions.
D.    Select only “Department” as a budget control dimension.
E.    Select only “MainAccount,” “Department” and “CostCenter” as budgeting dimensions.

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QUESTION 1
You are creating a budget register entry. You notice that a manual budget reservation will exceed the budget. What should you do within the budget register entry to satisfy the over-budget condition?

A.    enter recurrence
B.    transfer balances
C.    allocate across periods
D.    allocate across dimensions