Which two statements are true regarding the creation of…

Your customer is implementing budgetary control with encumbrance accounting. Your customer has
businesses in Australia, New Zealand, and Singapore with a ledger in each country with a Corporate chart of
account instance that has four segments.
Which two statements are true regarding the creation of a control budget?

Your customer is implementing budgetary control with encumbrance accounting. Your customer has
businesses in Australia, New Zealand, and Singapore with a ledger in each country with a Corporate chart of
account instance that has four segments.
Which two statements are true regarding the creation of a control budget?

A.
Control budgets are always absolute to generate encumbrance accounting.

B.
A control budget can allow override rules only if the control level is absolute.

C.
The control budget structure has all the chart of account segments as budget segments.

D.
A control budget is associated to a ledger and creates three control budgets for Australia, New Zealand, and
Singapore.

E.
A control budget can be associated with a different calendar than accounting calendar.



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Pankaj

Pankaj

You can generate override rule even with Advisory Control. B doesn’t look to be a correct option. A makes sense.