What is the result of selecting the Validate GL Component Combinations in the Chart of Accounts application on financial transactions?
What is the result of selecting the Validate GL Component Combinations in the Chart of Accounts application on financial transactions?
Selecting the Validate GL Component Combinations in the Chart of Accounts application ensures that only valid GL accounts can be used on financial transactions. This validation ensures that each component of the GL accounts adheres to the predefined rules and avoids invalid or incorrect entries.
Only Valid GL accounts be used
If this option is selected, only valid GL account entries are accepted. If you do not select this option, any combination of valid component values is accepted. https://www.ibm.com/docs/en/mfci/7.6.1?topic=configuration-specifying-validation-options-gl-account-codes
Correct answer is C.