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NEW QUESTION: 1
True or False: When using the accounts approach to parallel valuation for mapping to accounting principles, you'll essentially double the G/L accounts in the chart of accounts.
A. True
B. False
Answer: B
Explanation:
You only need to create two sets of accounts for those accounts where there can be differences in valuation. This doesn't mean all accounts need to be duplicated.
In most cases, independent of the valuation approach, the accounting entries can only be valuated a single way for all accounting principles. For these, you can have common accounts.

NEW QUESTION: 2
Who is required to attend the Daily Scrum?
A. Development Team and Scrum Master
B. Development Team and Product Owner
C. Scrum Master
D. Development Team
Answer: D




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