Quiz On Trf August 2015 Release

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| By Ravikumar0704
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Ravikumar0704
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Quizzes Created: 1 | Total Attempts: 360
Questions: 10 | Attempts: 360

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Quiz On Trf August 2015 Release - Quiz

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Questions and Answers
  • 1. 

    As part of New Release in TRF on top of UI ribbon we can see

    • A.

      Company Name

    • B.

      P- Parent and C- Consolidated

    • C.

      Accounting standard

    • D.

      None of the above

    Correct Answer
    B. P- Parent and C- Consolidated
    Explanation
    The given answer suggests that on the UI ribbon of TRF's New Release, there are options to view the company name, with "P" indicating Parent and "C" indicating Consolidated. These options likely allow users to choose between viewing the financial information of the parent company or the consolidated financial information of the company and its subsidiaries. The answer also states that there is an option to select the accounting standard, but it is not clear what options are available.

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  • 2. 

    What is enhanced in Dashboard as part of August release.

    • A.

      Company Name added and we can maximize the dashboard view

    • B.

      Added Org ID in Dashboard

    • C.

      Error Check added

    • D.

      Period length is added

    Correct Answer
    A. Company Name added and we can maximize the dashboard view
    Explanation
    As part of the August release, the dashboard has been enhanced with the addition of the company name and the ability to maximize the dashboard view. This means that users can now see the name of the company on the dashboard and have the option to expand the view for a better visualization of the data.

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  • 3. 

    As part of TRF new release UI will not allow us to copy the CT book mark from one SI to another.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    The statement is false because the new release of TRF's UI will allow users to copy the CT bookmark from one SI to another.

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  • 4. 

    What enhancement done on PCR as part of August release??

    • A.

      We can edit the PCR

    • B.

      Default PCR name will be displayed as Parent FCC description after completing PCR

    • C.

      We can do multiple PCR

    • D.

      None of the above

    Correct Answer
    B. Default PCR name will be displayed as Parent FCC description after completing PCR
    Explanation
    In the August release, an enhancement was made to the PCR feature. Now, when completing a PCR, the default PCR name will be displayed as the Parent FCC description. This means that users no longer need to manually enter the PCR name, as it will automatically be populated with the Parent FCC description. This enhancement simplifies the PCR process and improves efficiency for users.

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  • 5. 

    We can delete Dummy FCC with values as part of new release

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    This statement suggests that it is possible to delete a Dummy FCC (Functional Currency Code) with its associated values as part of a new release. The answer "True" implies that this is indeed possible.

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  • 6. 

    What are the steps you follow for moving the multi-lines from one section to another ??

    • A.

      Select the FCC and drag and drop

    • B.

      Select FCC tick on the Check box box, Select the Designation then click on radio button Multiline move

    • C.

      Select the FCC and move the lines from one section to another

    • D.

      None of the above

    Correct Answer
    B. Select FCC tick on the Check box box, Select the Designation then click on radio button Multiline move
    Explanation
    The correct answer is to select the FCC tick on the checkbox, select the designation, and then click on the radio button for multiline move. This means that the steps for moving the multi-lines from one section to another involve selecting the appropriate FCC tick, choosing the desired designation, and then using the multiline move radio button to complete the move.

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  • 7. 

    We can Delete multi-lines (normal FCCs) with values as part of August release.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    The statement suggests that in the August release, it is possible to delete multi-lines with values. However, the correct answer is false, indicating that it is not possible to delete multi-lines with values as part of the August release.

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  • 8. 

    For Deleting Single line item no need to tick on the check box and we can delete the single line item just clicking remove line.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    To delete a single line item, it is necessary to tick the checkbox next to it. Clicking on the "remove line" option alone will not delete the line item. Therefore, the statement "For Deleting Single line item no need to tick on the check box and we can delete the single line item just clicking remove line" is incorrect.

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  • 9. 

    Will UI creates correction records for Deleted SI in Sign off screen?

    • A.

      Still UI has bug it will not display the Correction records

    • B.

      Yes as part of August release UI will display the correction records for Deleted SIs in sign off screen

    • C.

      It creates the corrections records which are not visible in TRF sign off screen

    • D.

      None of the above

    Correct Answer
    B. Yes as part of August release UI will display the correction records for Deleted SIs in sign off screen
    Explanation
    The correct answer is that as part of the August release, the UI will display the correction records for Deleted SIs in the sign off screen. This indicates that there was a bug in the UI previously where it did not show the correction records, but with the August release, this issue has been resolved and the UI will now correctly display the correction records for Deleted SIs in the sign off screen.

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  • 10. 

    Choosing ‘expanded’ or ‘flash’ in one statement instance should cause changes even for UNCs and for RES/CLAs.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    Choosing 'expanded' or 'flash' in one statement instance should not cause changes for UNCs and for RES/CLAs.

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  • Current Version
  • Mar 18, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Aug 24, 2015
    Quiz Created by
    Ravikumar0704
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