Which three journal elements should you configure?

An organization plans to use defined journal names for each purpose.

They want to ensure that journal processing is easier and more secure.

The organization has the following requirements:

– Set up restrictions on the account type and segment values.

– Capture data accurately for offset accounts, currency, and financial dimensions.

– Maintain internal control and establish materiality limits.

You need to set up journal name elements to meet these requirements.

Which three journal elements should you configure? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
A . workflow approval
B . account type
C . journal type
D . default values
E . journal control

View Answer

Answer: A,D,E

Explanation:

Reference: https://docs.microsoft.com/en-us/dynamics365/finance/general-ledger/general-journal-processing