MB6-892 | You need to set up the posting profile for realized…

Following is MB6-892 | You need to set up the posting profile for realized… from latest Microsoft practice test.

Question: 2

You need to set up the posting profile for realized and unrealized gains and losses. Which two forms should you use? Each correct answer presents a complete solution.

A. Chart of accounts form
B. Currency revaluation accounts form
C. Currency exchange rates form
D. Ledger form

Answer: B,D

Explanation/Reference:

B: Currency revaluation accounts, where you identify the relevant account for realized gain, and loss, unrealized gain, and loss.
D: General Ledger. We have also seen issues with the Gain and Loss accounts. a. General Ledger>>Setup>>Ledger Verify there is a Main account setup for the Realized and Unrealized Gains and Loss records.