The general ledger master data does not contain:
A)adjusting entry data
B)customer number
C)totals extracted by event type from business event data
D)a chart of accounts

Question

Quizplus · Accepted Answer

The general ledger master data contains information about accounts, account numbers, a chart of accounts, and balances, but it does not include customer numbers since that information is stored in separate customer master data. Adjusting entry data is also not part of the general ledger master data because adjusting entries are made to update account balances after the preparation of financial statements, whereas the general ledger master data includes account balances at a specific point in time. Totals extracted by event type from business event data are used to update the general ledger master data, but they are not part of the master data itself.

The General Ledger Master Data Does Not Contain