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M3-123 Exam - Question 29


Which one of the following settings sorts and filters different database views allowing you to review the numbers posted to one or several accounting dimensions when updating the general ledger?

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pip1234
Sep 28, 2024

A balance key is a filter used in the financial accounting system to retrieve specific information from the general ledger balance file. It determines which fields are included in the balance file and the sequence in which they appear. Balance keys can be predefined or user-defined, allowing for flexibility in reporting and analysis. There are eight predefined balance keys that consist of accounting dimensions in various combinations. Additionally, users can create and manually activate up to 91 user-defined balance keys