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NEW QUESTION: 1
You were asked to assist a Technical developer who is modifying a standard online inquiry In EnterprtseOne. The developer wants to understand how the Cumulative Prior Year End balance is calculated.
Which statement is TRUE of the Cumulative Prior Year End balances for Income Statement accounts when you view online?
A. The Cumulative Prior Year End balances include the Net Posting amounts for only domestic entries for the prior year end.
B. The Cumulative Prior Year End balances include the Net Posting amounts for the prior year end.
C. The Cumulative Prior Year End balances shows posted and non-posted balances for the prior year end.
D. The Cumulative Prior Year End balances show the same type of balances that the balance sheet does.
E. The Cumulative Prior Year End balances do not include the Net Posting amount for the prior year end.
Answer: B
Explanation:
Explanation/Reference:
Explanation:

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