Which statement is correct about the differences between the functionalities of parent accountsand summary accounts?

Which statement is correct about the differences between the functionalities of parent
accountsand summary accounts?

Which statement is correct about the differences between the functionalities of parent
accountsand summary accounts?

A.
Summary accounts cannot be used in budget formulas, whereas parent accounts can be
used in budget formulas.

B.
Summary accounts speed up the posting process, whereas parent accounts require
additional time for the Posting process.

C.
Summary accounts use the summing segment type for MassAllocations, whereas parent
accounts use the looping segment type.

D.
Summary account balances can be viewed in the Account Inquiry form, whereas parent
account balances cannot be viewed in that form.

E.
Summary accounts slow down the generation of Financial Statement Generators,
whereas parent accounts help generate quicker results.



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